Paul Mason & Associates, a provider of bankruptcy recoveryservices, did a straight-up renewal on 11,098 sf of class B spacein Northcreek Place I at 9441 LBJ Freeway. Gianni LaBarba of MohrPartners in Dallas tells GlobeSt.com that the firm was paying $19per sf, the going rate when the deal was signed in 1999. Theneighboring buildings were checked out, but the stumbling block fora relocation was three years left on the pact.

"They liked where they were, but they just knew where the marketwas and they were paying more than everyone else," LaBarba says ofthe sixth-floor office. "Their first choice was to stay and theygot that."

To get the rate they wanted, the firm's executive team had tocommit to a five-year term, explains LaBarba, who negotiated thepact along with president Bob Mohr. Reiner Brasch with the locallybased Mullen Co. represented the building owner, NorthcreekBusiness Park Ltd. of Dallas.

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