Houston-based Goodman Distribution Inc. has inked a 25,984-sf renewal in Carter Business Center, keeping the two-building property fully occupied in one of the tightest submarkets in Tarrant County.

"Goodman did look around, but there were limited options because the vacancy factor in south Fort Worth is less than 5%. We were able to keep the building at 100% occupancy and gain steady rent growth," says Nick Talley, vice president of Dallas-based Bradford Commercial Real Estate Services. He represented the landlord, Realty Associates Fund X LP.

After six months of negotiations and scouring the market, Goodman re-upped its spot in the 120,768-sf Building 1 at 7841 Will Rogers Blvd., Fort Worth. Brant Landry of Landry Commercial Inc. represented the tenant.

The 120,768-sf Carter Business Center, developed in 2005 on nearly eight acres, is one of the few class A industrial projects in its submarket. It is located close to interstates 30, 20 and 35W in the 950-acre, master-planned Carter Industrial Park.

Cater Business Center's two largest tenants, one of which is Goodman, have renewed this year. "There are no more leases rolling in the foreseeable future," Talley says. "That project has stayed fully leased for the better part of five years."

LEASES

Goodman Distribution Inc. has renewed 25,984 sf of warehouse space in Carter Business Park Building 1, 7841 Will Rogers Blvd., Fort Worth. Nick Talley, vice president of Bradford Commercial Real Estate Services, represented the landlord, Realty Associates Fund X LP. Brant Landry of Landry Commercial Inc. represented the tenant.

Texas Meter & Device Co. has subleased 10,000 sf of warehouse space at 933 Avenue N, Grand Prairie, TX, from Colfin Cobalt I-II Owner LLC. Jim Ferris, vice president of Bradford Commercial Real Estate Services, represented the tenant. Michael Stanzel of NAI Robert Lynn represented the sublessor.

Spectrum Brands Inc. has renewed 9,699 sf of warehouse space at 1018 Avenue M, Grand Prairie. Will Dillard, market director of Bradford Commercial Real Estate Services, represented the tenant. Chris Bly of Proterra Properties represented the landlord, Greenbriar Holdings Dallas Ltd.

Mercantile Thrift LLC has leased 7,500 sf in Beltline Center II, 350 S. Beltline Rd., Irving, TX, from DFW Beltline Commerce Center Co. LLC. Drew Baccich, associate of Bradford Commercial Real Estate Services, represented the landlord. Huntly Luna of Henry S. Miller Commercial represented the tenant.

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.