Based in Hartford, CT, Lincoln recently had acquired the property from Core Real Estate. Cushman & Wakefield had held the leasing pact.

About 35% of the building is leased to Meridian Resources Corp., with 135,000 sf remaining vacant. Brad Sinclair, Transwestern vice president in Houston, tells GlobeSt.com that brokers are looking to attract tenants seeking corporate headquarters space. The Enclave building, says Sinclair, boasts large floor plates and presents a "true class-A environment." Most class-A properties only offer floor plates as large as 25,000 sf, but the Enclave can go as high as 45,000 sf, according to Sinclair. The space is fetching between $18 and $19 per sf.

Transwestern's Sinclair says the structure should fill up relatively quickly due to its positioning in the Energy Corridor and its distinct interior advantages. "We believe we can achieve a stabilized occupancy within 18 to 24 months," Sinclair tells GlobeSt.com. The submarket packs a double punch with a historic occupancy rate of slightly more than 98% and the energy industry's upswing. And these, says Sinclair, are clear-cut indicators of the building's potential for success.