TradeSpark is an energy brokerage consortium of Cantor Fitzgerald, Dynegy, Coral Petroleum, Williams, Virginia Power and TXU. Prior to 9/11, TradeSpark had a small office in Houston and its primary location in New York City. Not only was a decision made to expand locally, but also to split operations to reduce risk in lieu of re-establishing the Cantor Fitzgerald office in New York City.
The 1301 Fannin is a class A, multi-tenant, high tech office building in the CBD. The mixed-use office tower contains 784,143 sf in 27 floors. The 90%-occupied building is used for data center space, other high-tech needs and traditional office space. The tenant roster includes ExxonMobil, Pennzoil, AT&T and MCI.
The building systems' redundancy boasts high-voltage electrical capacities, four 1,200-ton centrifugal chillers, six 1040-KW diesel-powered generators, 3,000-KVA UPS system and 60,000-gallon diesel fuel storage. The office-tech space comes with 24-hour manned security.
Beverley Burke of Jones Lang LaSalle represented the building owner, California-based Shidler Group. TradeSpark used in-house representation to broker the deal.
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