The first-time teaming of the two Dallas companies snagged thedeed to 4245 N. Central, a six-story building with built-in upsidefrom a 75% occupancy. M. Jason Mattox with Harvard Behringer saysRealty America's Kipp Sowden brought the deal to the table. "Wewere aware it was on the street," Mattox tells GlobeSt.com, "and itmade sense. We arranged for a nice partnership with them."

The duo has tapped Dallas-based Trammell Crow Co. to lease andmanage 4245 N. Central, where class A space runs from $17 per sf to$22 per sf. Built in 1986 with one level of underground parking,the building sits on slightly less than three-quarters of an acrewith freeway exposure. Tenants include BGO Architects, publicrelations firm Michael Burns & Associates and Dr. MontyBuck--and no roll on the roster at large until midyear 2005.

Mattox says the takeover begins with leases in the pipeline."The market is turning positively and we hope to capitalize onthat," he says. The expectation is the office building's occupancywill climb above 90% and reach stabilization in the near term.

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