"It was an early renewal in advance of the anticipated sale ofthe property," Robert Deptula, principal for Transwestern in Dallastells GlobeSt.com. He and Transwestern principal Nora Hogan workedout a long-term lease for as-is space in the 709,920-sf FrankfordTrade Center at 2828 Trade Center Dr.
Deptula says the five-year tenant really didn't shop the dealbecause it's so close to its 659,535-sf main campus at 1649Frankford Rd.--lastyear's top deal in Dallas/Fort Worth. The Transwestern teamnegotiated the renewal directly with CalWest's portfolio assetmanager, San Francisco-based Rreef, which had Bryan Marsh doing itsbargaining.
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