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195,000-SF Class A Assignment Flips

HOUSTON-Equity Office signs Transwestern to help lease Intercontinental Center, which has a 66,000-sf empty block of class A office space. The goal is to fill the building in 2004. Equity Office will continue to manage the asset.

By Jennifer Brenner Andrade | Updated on November 25, 2003

HOUSTON-Equity Office Properties Trust has released the reins to the 195,000-sf Intercontinental Center to Transwestern Commercial Services, which beat out a handful of other brokerage houses vying for the class A leasing assignment.

The task at hand is to fill 66,000 sf of empty office space for the 20-year-old building at 15600 JFK Blvd. in the North Belt/Greenspoint submarket. “We’re focused on increasing our occupancy at Intercontinental Center and feel that Transwestern will supplement the expertise offered at the property,” Peter Johnson, senior vice president of Equity Office’s Houston region, said in a press release. “Adding Transwestern to our leasing efforts allows our internal leasing team to focus on alternative properties in our portfolio, while adding a dedicated senior-level team to pursue prospects at Intercontinental Center.” Equity Office’s on-site vice president Brad Fricks will lead the leasing effort with help from the Transwestern team of David Baker and Clint Bawcom.

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