A triple leasing play, totaling 25,823 sf, has pushed occupancy to 100% in a 30-day spin at Woodlands Business Center, a 102,615-sf three-building project in the Great Southwest Industrial District.
HH Automotive and Service First Mechanical Contractors have leased 12,070 sf and 5,433 sf, respectively, in the office/warehouse development at 2005 108th St. in Grand Prairie. Existing tenant, Kinney ERS LLC, has inked a long-term renewal and expansion for 8,320 sf, picking up 2,887 sf of additional operating space.
"The market has just been hot. The demand for space in the marketplace is exceeding the available options. Our landlord had his choice of three tenants for a built-out spec suite," says Will Dillard, market director for Dallas-based Bradford Commercial Real Estate Services.
The Houston-based landlord, Woodlands Business Center LLC, selected HH Automotive for the ready-to-go suite in Building 1. Meanwhile, Kinney ERS was preparing to relocate and expand within Building 2 when Service First came along and leased the soon-to-be-vacated space. Dillard teams with Michael W. Spain, executive vice president and managing partner, and Brock Wilson, senior vice president and managing partner, on the project leasing.
The Bradford team has pushed occupancy to 100% within 18 months of winning the assignment. HH Automotive was represented by Lily Chang of Henry S. Miller Brokerage. The other two leases were directly negotiated with the tenants.
The three office/warehouses, situated on 4.8 acres, now house 15 tenants. "The key to this project is it's right off Carrier Parkway and Highway 360," Dillard says. "The access is excellent."
LEASES
Kathrein USA LLC has leased 35,484 sf of office/warehouse space in Summit Technology Center, 3101 Summit Ave., Plano, TX, from Cabot IVC-TX1M07 LLC. Melanie Hughes, senior vice president of Bradford Commercial Real Estate Services, and Sharon Friedberg, formerly a Bradford SVP, represented the tenant. Mike McCartan and Jeff White of Mark V Commercial represented the landlord.
Mountain Movers has renewed 15,500 sf of warehouse space in Port America Place, 753 Port America Place, Grapevine, TX. Joe Santaularia, vice president of Bradford Commercial Real Estate Services, and Brock Wilson, senior vice president and managing partner, represented the tenant. Gil Stroube of Lincoln Property Co. Commercial represented the landlord, ProLogis Targeted US Logistics.
HH Automotive has leased 12,070 of office/warehouse space in Woodlands Business Park 1, 2005 108th St., Grand Prairie, TX, from Woodlands Business Center LLC. Michael W. Spain, executive vice president and managing partner of Bradford Commercial Real Estate Services, Will Dillard, market director, and Brock Wilson, senior vice president and managing partner, represented the landlord, in the direct deal.
Orion Financial Group Inc. has leased 9,150 sf of industrial flex space at 2860 Exchange Blvd., Southlake, TX, from Lago Del Sur LLC. Brock Wilson, senior vice president and managing partner of Bradford Commercial Real Estate Services, and Joe Santaularia, vice president, represented the tenant. Debra Perryman and Leann Brown of Silver Oak Commercial Realty represented the landlord.
Kinney ERS LLC has signed a 8,320-sf renewal and expansion lease, adding 2,887 sf of office/warehouse space in Woodlands Business Center 2, 2005 108th St., Grand Prairie. Michael W. Spain, executive vice president and managing partner of Bradford Commercial Real Estate Services, Will Dillard, market director, and Brock Wilson, senior vice president and managing partner, represented the landlord, Woodlands Business Center LLC, in the direct deal.
CIM Group Inc. has leased 7,975 sf of light industrial space at 2420 McIver Lane, Carrollton, TX, from 2420 McIver Lane JV. Jason Miller, vice president of Bradford Commercial Real Estate Services, and Brian Pafford, senior vice president and managing partner, represented the tenant. Pat Haggerty of the Pat Haggerty Co. Inc. represented the landlord.
Service First Mechanical Contractors has leased 5,433 sf of office/warehouse space in Woodlands Business Center 2, 2005 108th St., Grand Prairie, from Woodlands Business Center LLC. Michael W. Spain, executive vice president and managing partner of Bradford
Commercial Real Estate Services, Will Dillard, market director, and Brock Wilson, senior vice president and managing partner, represented the landlord in the direct deal.
Main Street Renewal LLC and Century Rehabilitation of Texas have leased 3,161 sf and 1,047 sf, of office space in Arlington Downs Tower, 2225 E. Randol Mill Rd., Arlington, TX, from J&F Investments LP. Erik Blais, market director of Bradford Commercial Real Estate Services, and Richmond Collinsworth, vice president, represented the landlord in the direct deals.
Bradford Commercial Real Estate Services/CORFAC International is a full-service real estate company based in Dallas with an annual transactions volume exceeding five million square feet. The company manages and leases more than 20 million square feet, valued at $300 million, in North Texas for its strategic partners.
