Bradford Brief June 2017

In Press Releases by Bradford

Multiple Ownerships select Bradford for Property Management Services DALLAS – Bradford Management Company, Inc. has been awarded over 2.0M sf of property management assignments thus far in 2017.  Bradford CEO, Kevin J. Santaularia stated, “the assets are located throughout the DFW Metroplex and represent all product types, Office, Industrial and Retail with institutional clients.  We are grateful to our newest …

103,054-SF Las Colinas Distribution Center Sells Off Market

In Press Releases by Bradford

IRVING, Texas – Gretzinger Investment Group LLC, a first-time buyer in North Texas, has scooped up the fully occupied, two-building Las Colinas Distribution Center in an off-market transaction. Remaining in place will be Bradford Commercial Real Estate Services, which has leased and managed the project for the past decade. Las Colinas Distribution Center 4 and 5, totaling 103,054 sf, are …

MC Communications Moving to Lakeside Square

In Press Releases by Bradford

DALLAS – MC Communications Inc. will be relocating in early September to the class A Lakeside Square, signing a long-term office lease for 12,763 sf to keep its ad agency in North Dallas’ Park Central submarket. M/C/C’s new office will be on the eighth floor of the 18-story, 403,120-sf project at 12377 Merit Dr. The agency specializes in B2C (business …

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Sirius XM Expands, Extends Class A Office Lease

In Press Releases by Bradford

IRVING, Texas – Sirius XM Connected Vehicle Services Inc. has expanded to 43,403 sf in Freeport Corporate Center, signing a pair of co-terminus class A leases to grow its back-office operations. The company now occupies nearly half of the 98,835-sf building at 8650 Freeport Parkway S in Irving, a centrally located property close to a Dallas Area Rapid Transit station, …

Leading Floorball Merchandiser Plants HQ, Showroom, Distribution Center in Upper Great Southwest

In Press Releases by Bradford

GRAND PRAIRIE, Texas – The largest supplier of equipment and accessories in the Western Hemisphere for the fast-growing sport of “floorball” has set up its headquarters, showroom and distribution center in the Upper Great Southwest Industrial District. FloorballPlanet, a division of GBK Sports LLC, has selected Woodlands Business Center Building 3, 2005 108th St., Grand Prairie, as its sole operating …

Rare Single-Tenant Property Trades In DFW Airport Submarket

In Press Releases by Bradford

GRAPEVINE, Texas – Georgia-based Alpha Insulation & Waterproofing Inc. has sold its 17,748-sf regional office building to HCCP 1010 East Dallas LLC following a bidding war among a half dozen owner-users jockeying for a spot in the DFW Airport submarket. The one-acre property at 1010 E. Dallas Rd. in Grapevine has commanded top dollar after a six-week run on the …

Lykes Cartage Expanding, Heading to DFW Airport Project

In Press Releases by Bradford

DALLAS – Setting up an expansion and relocation, Lykes Cartage Co. Inc. has signed a long-term lease for 27,062 sf of class A warehouse space in the DFW Global Logistics Centre at Dallas/Fort Worth International Airport. The company will move Feb. 1 to 1200 Mustang Dr. in Grapevine from 306 Airline Dr. in Coppell. “We saw this space early in …

Crestone Signs 70,531-SF Lease for Southwest Region Commercial Bakery, Distribution Center

In Press Releases by Bradford

GRAPEVINE, Texas – Crestone Group LLC has opted to keep its 70,531-sf Southwest Region commercial bakery and distribution center in Heritage Business Park after eyeing brand-new space in three key industrial submarkets of Dallas/Fort Worth. California-based Crestone’s decision ends nearly two years of negotiations triggered by a change in ownership of the 1.3-million-sf, class A Heritage Business Park and the …

Eleganza Tiles Inks 60,092-sf Class A Lease

In Press Releases by Bradford

DALLAS – Eleganza Tiles Inc. has signed an early long-term renewal for 60,092 sf of class A industrial space, keeping its central U.S. distribution center in Dallas’ Tile Mile Park and reaping the benefits of current submarket conditions. “Renewals have been happening much earlier in this market because landlords are pushing rents harder,” says Joe Santaularia, vice president of Dallas-based …

Way Construction, Charter School Ink Sale of HQ Property

In Press Releases by Bradford

DALLAS – Way Construction Services Inc. has sold its headquarters building in south Dallas County to Faith Family Kids Inc., which is in the process of expanding its central administrative offices. The 6,050-sf office building at 1608 Osprey Dr. in DeSoto is located less than two blocks from the public charter school system’s existing central offices. Included in the deal …

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Alpha Insulation & Waterproofing Relocating, Expanding Regional Office to East Dallas

In Press Releases by Bradford

LEWISVILLE, Texas – Georgia-based Alpha Insulation & Waterproofing Inc. has snapped up 25,445 sf in an under-construction, class A industrial project on Dallas’ eastern tier, ending a lengthy search for expansion space and triggering the immediate marketing of its longtime regional office. Alpha Insulation plans to move Feb. 1 into Creekside 121’s Building 1 at 301 Leora Lane in Lewisville. …

Revolution Retail Systems Moves, Expands to 63,055 SF

In Press Releases by Bradford

CARROLLTON, Texas – In a relocation and major expansion of its headquarters, Revolution Retail Systems LLC has backfilled 63,055 sf of a 99,524-sf, class A office/warehouse vacated by Trane Corp. in Valwood Industrial Park. The deal for Valwood 33, located at 1400 Valwood Parkway in Carrollton, went full circle in less than three months. Key to the fast-moving decision is …

CMG Mortgage Expanding Regional Office in North Texas

In Press Releases by Bradford

DALLAS – CMG Mortgage Inc. is increasing the size of its regional office in North Texas, inking a 10,951-sf lease in an expansion and long-term extension for class A office space in the DFW Freeport submarket. The California-based company, which is hiring more mortgage brokers, has secured 3,350 sf adjacent to its 7,601-sf office on the first floor of Freeport …

September’s hottest deals continue DFW Leasing momentum

In Press Releases by Bradford

Milan-East Park Row LP has sold a 20,640-sf light industrial building on nearly 6.2 acres at 3401 E. Park Row Dr., Arlington, TX, to RMB 13 LLC. Kevin J. Santaularia, president and CEO of Bradford Commercial Real Estate Services, and Michael W. Spain, executive vice president and managing partner, represented the seller. Michael Cargile of Voit Real Estate Services represented …

ES&H of Dallas Buys 11 Acres in Upper Great Southwest

In Press Releases by Bradford

GRAND PRAIRIE, Texas – Environmental consultant ES&H of Dallas has acquired an 11-acre tract across the street from its North Texas hub to develop a warehouse and water treatment facility. The company anticipates breaking ground in the first quarter of 2017 at 3405 Gilbert Rd. in Grand Prairie. Will Dillard, market director of Dallas-based Bradford Commercial Real Estate Services, represented …

1031 Exchange Buyer Wins Race for 100% Leased Industrial Asset in Great Southwest

In Press Releases by Bradford

ARLINGTON, Texas – With 10 offers on the table, a California-based investor has sold a 20,640-sf office/warehouse in the Great Southwest Industrial District to a Las Vegas buyer seeking to satisfy a 1031 exchange. The hotly pursued 6.2-acre property at 3401 E. Park Row Dr. in Arlington is triple-net leased for the long term to BlueLine Rental LLC, formerly Volvo …

August Heats up with DEALS!

In Press Releases by Bradford

The State of Texas’ Alcoholic Beverage Commission has signed a 14,666-sf renewal and expansion, adding 1,290 sf of office space in Arlington Downs Tower, 2225 E. Randol Mill Rd., Arlington. Erik Blais, market director of Bradford Commercial Real Estate Services, and Richmond Collinsworth, vice president, represented the landlord, J&F Investments GP, in the direct deal. Main Street Renewal LLC has …