AT&T Signs Long-Term Lease for Greenway Space

HOUSTON-AT&T Corp. is relocating from within the Greenway submarket, signing a long-term lease for 18,840 sf. AT&T, acquired recently by SBC Communications, will take possession in the coming weeks.

The telecommunications giant will move into a class B office building at 3555 Timmons Lane and exit Greenwood Plaza. Built in 1984, the Timmons Lane building, owned and operated by Beverly Hills, CA-based Unilev Corp., is 96% occupied with the new deal. “The AT&T deal really helped pushed occupancy for us in that building,” Steve Rocher, senior vice president in Houston for Trammell Crow Co. The building’s quoted rate is $18 per sf.