Industrial Rebound Could Absorb 200 Million SF in 2011

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Industrial Rebound Could Absorb 200 Million SF in 2011 March 2, 2011 By Paul Rosta, Senior Editor, Commercial Property Executive If positive economic trends continue throughout 2011, absorption in the U.S. industrial market could hit 200 million square feet for the year, according to projections by Colliers International. That total would represent a remarkable turnaround for the sector, which recorded …

20,965-SF Deal Leases Up Jupiter 190 Business Park

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20,965-SF Deal Leases Up Jupiter 190 Business Park PLANO, Texas – RREEF North America has filled the last opening in Jupiter 190 Business Park, leasing 20,965 sf to Neo Tech Wireless Inc. Dave Anderson, executive vice president for CB Richard Ellis in Dallas, represented Neo Tech, a Samsung vendor poised to replace sublease space with a long-term address in Jupiter …

Bradford Promotes Pafford, Spain; Hires Market Director

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Bradford Commercial Real Estate Services has promoted two veteran brokers to senior vice president and hired a market director for the Stemmons Corridor/DFW Airport submarket. Promoted were Brian Pafford and Michael W. Spain, who joined the company in 2002 and 2005, respectively. Both professionals are managing partners, each with more than nine years of industry experience. Pafford and Spain were …

Aviation Firm Keeps North American Hub in Heritage Business Park

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A&B Properties Inc. and Dallas Airmotive Inc. have signed a long-term lease for the 134,640-sf Heritage Business Park Building V. Michael W. Spain, vice president and managing partner of Dallas-based Bradford Commercial Real Estate Services, and Todd Lambeth, senior vice president and managing partner, represented the Honolulu-based landlord in the direct talks with the park’s 10-year tenant. The office/warehouse at …

Texas Leads the Way in Recovery

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COLLEGE STATION (Real Estate Center) – The Texas economy continues to outperform the U.S. economy in the current recovery, according to the Real Estate Center’s latest monthly economic review. The state’s economy gained 194,400 jobs from November 2009 to November 2010, an annual growth rate of 1.9 percent, compared with the nation’s 842,000 jobs, an annual growth rate of 0.6 …

Sun Life Taps Bradford for 519,915 SF Railhead Portfolio

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Sun Life Taps Bradford for 519,915 SF Railhead Portfolio Bradford Commercial Real Estate Services will be leasing a four-building, class A industrial portfolio, totaling 519,905 sf, for Toronto-based Sun Life Financial Inc. Effective immediately, Bradford’s Karen Simon, executive vice president, and Nick Talley, market director, are the new leasing agents for the three-building Railhead Business Station at 500, 600 and …

Bradford Secures Two Renewals Totaling 30,500 SF

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Bradford Commercial Real Estate Services has secured two renewals on behalf of its Dallas-area clients. In the first transaction, North Texas Ice/Baker Distributing Co. LLC has renewed 20,400 sf of warehouse space at 8301 and 8205 Sovereign Row, Dallas, with A&R Investments Inc. Brian Pafford, vice president and managing partner of Bradford Commercial Real Estate Services, negotiated the direct deal. …

Tarrant County Chiropractic & Rehabilitation Renews at Pinnacle

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Tarrant County Chiropractic & Rehabilitation has renewed its 5,950 sf lease for warehouse space in the Pinnacle Business Center Building III, 4305 Pinnacle Point Dr., in Dallas. Brian Pafford, vice president and managing partner of Bradford Commercial Real Estate Services, and Jason Miller, market director, represented the landlord. According to its LoopNet listing, Pinnacle Business Center is an 181,050 SF, …

Southern Graphics expands in Richardson, TX

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Southern Graphics Systems Inc. expanded its office lease by 10,799 square feet in Arapaho Place at 901 International Parkway in Richardson. Susan Singer and Bernard Deaton of Bradford Commercial Real Estate Services negotiated the lease with Damian Rivera and Chase Sutton of Stream Realty Partners. Congratulations Susan Singer & Bernard Deaton!

Congratulations to Bradford Companies November Dealmakers

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Chain Link Services L.P., dba In Step Foodservice, has leased 128,400 sf of office/warehouse space in Railhead IV, 4675 Railhead Rd., Fort Worth. Karen Simon, executive vice president and managing partner of Dallas-based Bradford Commercial Real Estate Services, represented the tenant. George Curry of Jones Lang LaSalle represented the landlord, Zephyr Rail Industrial L.P. Raw Materials Corp. has renewed 19,210 …