Karen Simon, executive vice president and managing partner forBradford, tells GlobeSt.com that the plan is renovate andmulti-tenant the building, with the new owner filling 3,200 sf onthe first floor. Renovations to 600 Texas St. will begin as soon asnegotiations wrap up with a first-floor tenant for the 2,920-sfbalance, she says.

The office building, a rare find in a tight office market, wasmarketed for $1.3 million by Ryan Matthews with the Staubach Co. onbehalf of attorneys Clifford Davis and Michael Heiskell. "Therewere several offers on it," Simon says. "There is such a limitedamount of Downtown space that when this became available we wereimmediately interested." As for the financing, all she'll say isequity and renovation capital is coming from Bradford's Friends& Family Investment Pool and the balance via a traditionalloan.

Bradford has tagged the class B space at $19 per sf pluselectric. "It can command a little higher rent than other class Bbuildings because it has its own parking," Simon points out. The0.17-acre lot has 28 parking spaces and a positioning close to thefederal courthouse.