Streamline Packaging Solutions LP has re-upped 92,098 sf of class A headquarters and distribution center space in RiverPark Business Center in the Upper Great Southwest Industrial District.
Streamline has signed an early renewal for 15124 Grand River Rd. in Fort Worth, one of two buildings in the 500,635-sf RiverPark. The company’s long-term lease has kept the project at 100% occupancy.
“It’s an attractive class A asset in a good location,” says Michael W. Spain, executive vice president and managing partner of Dallas-based Bradford Commercial Real Estate Services. He represents the landlord, SCG River Park Business Center LP.
Streamline Packaging has been a RiverPark tenant since 2011, occupying 26% of the 355,238-sf Building B. Scott Miller of Bolanz & Miller Realtors Inc. represented the company, which has distribution centers in six other states, in the renewal talks.
“Streamline shopped around, but at the end of the day this space worked well for its needs,” Spain says.
From a distribution standpoint, RiverPark Business Center is easily accessible to TX 360, Airport Freeway and TX 161/George Bush Turnpike. It’s also just a few miles south of Dallas/Fort Worth International Airport.
The 25-acre project has historically high occupancy. When a vacancy does occur, Spain says it gets quickly leased and oftentimes in advance of a move-out.
“There’s already a ton of activity on 15,000 sf that won’t become available for another six months,” Spain says. “It’s well-known in the market that the ownership takes good care of the project and is willing to work with tenants while still trying to get the best deal on its side.”
NORTH TEXAS LEASES
Streamline Packaging Solutions LP has renewed 92,098 sf of flex space in Riverpark Business Center Building B, 15124 Grand River Rd., Fort Worth. Michael W. Spain, executive vice president and managing partner of Bradford Commercial Real Estate Services, represented the landlord, SCG River Park Business Center LP. Scott Miller of Bolanz & Miller Realtors Inc. represented the tenant.
Air Clinic Air Conditioning & Heating has leased 5,000 sf of flex space in Lone Star Business Center, 310 E. Trinity Blvd., Grand Prairie, from SSP & Associates LLC. Jim Ferris, vice president of Bradford Commercial Real Estate Services, represented the tenant. Pete Richardson of Primera Cos. represented the landlord.
Texas Lone Star Consulting LLC has leased 4,941 sf of flex space in Commerce Flex Park, 4843 Royal Lane, Irving, from PRE DFW Airport LLC. Jason Finch, first vice president of Bradford Commercial Real Estate Services, and Michael W. Spain, executive vice president and managing partner, represented the landlord. Nick Mirza of Texas Ally Real Estate Group represented the tenant.
Texas Meter & Device Co. LLC has leased 4,749 sf of office space at 8416 Sterling St. in Commerce Office Park, Irving, from PRE DFW Airport LLC. Jason Finch, first vice president of Bradford Commercial Real Estate Services, and Michael W. Spain, executive vice president and managing partner, represented the landlord. Stephen Engels of KW Commercial – Dallas Metro North represented the tenant.
Hector Garcia has renewed 3,500 sf of flex space at 2110 Wall St. in Wall Street Business Park, Garland. Jason Finch, first vice president of Bradford Commercial Real Estate Services, and Mark Ready, broker associate, represented the landlord, DST Holdings LLC, in the direct deal.
Signature Stock Transfer has leased 2,671 sf of office space in the Graymark Building, 16801 Addison Rd., Addison, from Aberfeldy Properties Inc. Richmond Collinsworth, senior vice president and managing partner of Bradford Commercial Real Estate Services, represented the tenant. Johann Gerdtsof TIG Real Estate Services represented the landlord.
Pain Management Physicians of Dallas has renewed 2,714 sf of office space at 8404 Sterling St. in Commerce Office Park, Irving. Jason Finch, first vice president of Bradford Commercial Real Estate Services, and Michael W. Spain, executive vice president and managing partner, represented the landlord, PRE DFW Airport LLC. Michael Griffin of Transwestern represented the tenant.
Horizon Technology Group Inc. has leased 2,100 sf of flex space at 1910 Wall St. in Wall Street Business Park, Garland, from DST Holdings LLC. Jason Finch, first vice president of Bradford Commercial Real Estate Services, and Mark Ready, broker associate, represented the landlord. Adam Farber of Younger Partners represented the tenant.
Elevation Spine & Sports Medicine has leased 1,500 sf of office space in Trinity Mills Professional Park, 2761 E. Trinity Mills Rd., Carrollton, from VP 2761 Trinity Mills Rd. Jason Finch, first vice president of Bradford Commercial Real Estate Services, represented the landlord in the direct deal.
Peyam Raste has leased 1,200 sf of warehouse space at 331 NM. Rogers St., Irving, from Tyler Family Property #3 LLC. Jason Finch, first vice president of Bradford Commercial Real Estate Services, represented the landlord in the direct deal.
Tekcombine Inc. has leased 713 of office space at 8405 Sterling St. in Commerce Office Park, Irving, from PRE DFW Airport LLC. Jason Finch, first vice president of Bradford Commercial Real Estate Services, and Michael W. Spain, executive vice president and managing partner, represented the landlord in the direct deal.
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.
