International Commerce Park I Reaches 100% Occupancy
17 Mar, 2006, Dallas, TX
Building Supply Company Completes 9-month Marketing Effort
Stock Building Supply of Texas has leased the remaining 100,500 square feet of warehouse distribution space at International Commerce Park I (ICP), located at 2701 Regent Blvd in DFW Airport, Texas. Craig Hughes, Rick Hughes and Noel Hutcheson of Cushman & Wakefield of Texas, Inc. represented Bandera Ventures and Crow Holdings, owners of ICP, in the transaction. The lease is the third in the nine months since ICP was built and, along with tenants Arizona Tile and Pratt & Whitney, brings the 401,797-square foot distribution facility to 100% occupancy.
"The impressive amenities and location of this property made it a successful project from start to finish," said Craig Hughes. "From Foreign Trade Zone and Triple Freeport status to signage opportunities fronting Interstate 635, this was a win-win for the tenants and the landlord. We look forward to representing the next phase, which is currently under construction."
Stock Building Supply is the preferred source of construction products and services for contractors and individuals engaged in single and multi-family residential, repair and remodel, and light commercial construction. Kurt Griffin and Natalie Kampen of Cushman & Wakefield of Texas, Inc. represented Stock in the search for distribution space and lease negotiations.
"This facility will serve as the hub for Stock's North Texas operations for the next 15 years, supplying custom doors and millwork to area contractors and home builders," said Mr. Griffin. "The central location and easy access to DFW International Airport made this building very attractive."
Cushman & Wakefield is the world's largest privately held real estate services firm. Founded in 1917, the firm has 189 offices in 57 countries around the globe, and 11,000+ talented professionals. Cushman & Wakefield delivers integrated solutions by actively advising, implementing and managing on behalf of landlords, tenants, and investors through every stage of the real estate process. These solutions include helping clients to buy, sell, finance, lease, and manage assets. C&W also provides valuation advice, strategic planning and research, portfolio analysis, and site selection and space location assistance, among many other advisory services. To find out more about Cushman & Wakefield, please call 1-800-376-3133.
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