Thank you for sharing!

Your article was successfully shared with the contacts you provided.

IRVING, TX-A Transwestern leasing team, intent on filling space, has come off a recent leasing flurry, backed by a $12 per sf, full-service, quoted rate, to close a series of renewals, expansions and new deals for the 143,000-sf Wells Fargo Bank Tower. At last count, the 143,000-sf, class B building had marked 76% occupancy.

The direct deals resulted in 7,396 sf of renewals, 1,394 sf of expansions and 4,100 sf of new leases for the KBS Realty Advisors-owned building at 800 Airport Freeway in Irving. The recently signed pacts have terms running from three to five years and range from 1,500 sf to 2,000 sf, Justin Miller, a Transwestern leasing agent in Dallas, tells GlobeSt.com. The building, which can hold 65 tenants, has 49 in place, of which 20 are part of the under 1,000-sf crowd.

Miller says the leasing wave “is the strongest it’s been in 18 months.” The Transwestern team, which included senior vice president Kim Butler and senior leasing agent Fletcher Cordell, managed to wrap up the bulk of its 2004 tenant roll with the aggressive packaging, which included the usual free rent.

Renewing were HKI Architects, 2,500 sf; Specialty Billing Services, 2,164 sf; Irving Laboratories, 1,235 sf; and two deals under 1,000 sf. Moving in Jan. 1 will be All Vend Management to a 2,554-sf office under a five-year lease. Settled in is Fabioloa Mancillas, an insurance agent who took a 1,546-sf spot. Tenants occupying less than 1,000 sf accounted for the expansions.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.