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Regal Research Purchases Plano Industrial Property
13 Jun, 2006, Dallas, TX
Manufacturing Company Moves Select Operations from Garland
Regal Research and Manufacturing Company, Inc., an industry leader in contract manufacturing of complex systems, has purchased a 192,852 square-foot industrial building located at 1200 E. Plano Parkway in Plano, Texas. Kurt Griffin and Natalie Kampen of Cushman & Wakefield of Texas, Inc. represented Regal Research in the transaction.
“This purchase is the culmination of several months of work by Regal Research to shift a portion of their operations from a leased facility to an owner controlled asset. The acquisition of this building will provide Regal with the opportunity to grow their business and enhance the company’s balance sheet at the same time,” said Mr. Griffin, a director within Cushman & Wakefield’s Dallas office.
The property, which includes approximately 10.52 acres of land, will become the new home to the company’s metal fabrication operations. Regal Research, previously based in Garland, Texas, is a full service precision metal fabricator and systems integrator.
Nathan Lawrence and Ryan Kaiser of Trammell Crow Company represented the seller, Luminator Holdings, LP.
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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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