The building is only about 35% occupied, and has a low leaserate, $9 per sf, to attract new tenants, says United seniorassociate Sonja Breyfogle. Current tenants include MarketSolutions, the Canadian Consulate, 701 Executive Suites and R.R.Donnelley and Sons.

"The property is very vacant, there's no really large tenant,"she tells GlobeSt.com. "There's a couple of full floors available.One of the things we're going to be able to do with this propertyis offer large blocks of space. We can put together about 110,000sf of contiguous space, maybe even a little more than that. There'smaybe four other properties like this that can do that downtown,and they're all going to be higher priced."

Breyfogle says Cawley, based in Dallas, also plans onimplementing a large list of improvements at the building thisyear. "These will include mainly common areas, such as the firstfloor and skyway level, signage the elevator cabs, lobbies, reallyupdating the finishes and giving it a nice look." The renovationplans also include some construction to create speculativebuild-out to attract smaller office suite users. "In one of the lowto mid-floor plates, we're going to try to go multi-tenant, it'sbeen a successful trend here in downtown. We're going to offerflexible, immediate leases with one-, three-, and five-yearterms."