Dr. Antonio Pacifico, a local cardiologist who leads the TexasArrhythmia Institute, put together the investment group that boughtEnron's shuttered headquarters at 1400 Smith St. Pacifico didn'treturn telephone calls by publication time for comment on theacquisition.

A source close to the deal tells GlobeSt.com that $45 per sf was"very rich pricing" for an empty building in the midst of aneconomic downtown and one with no parking facility to call its own.The source puts the cost of the parking lease, which has less than15 years left on the term, at more than $3.5 million per year--afee that must be paid to owner Trizec Properties Inc. regardless ofthe number of tenants in the building.

Richard Rudd with the Houston office of Granite Partners handledthe sale on behalf of Enron. He says the building was very widelymarketed and believes the "pricing reflects the market." Hewouldn't comment on the inner workings of yesterday's negotiations,but did say the auction was done by noon. For previous story, clickhere.

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