Bradford Commercial Real Estate Services has secured long-term renewals with two tenants who swiftly re-upped to keep their Southwest regional operations in the fully leased One Paddock Place in the Upper Great Southwest Industrial District.
Indianapolis-based Bottleless Water Solutions LLC and F1 Consultancy LLC, headquartered in the United Kingdom, have renewed 3,960 sf and 3,710 sf of flex space, respectively, at 2214 Paddock Way in Grand Prairie. The simultaneous rounds of talks went full circle within three months.
“These were two straight-forward deals that kept One Paddock Place at 100% occupancy for the third consecutive year,” says Michael W. Spain, executive vice president and managing partner of Dallas-based Bradford. He and Jim Ferris, vice president, represent the landlord, Paddock Partnership.
Collin Rock and Randy Wood of Cushman & Wakefield represented Bottleless Water Solutions. Alex Coe and Tim Rogers of CRESA Global Inc. were the tenant representatives for F1 Consultancy, which specializes in event technology.
One Paddock Place, totaling 71,677 sf, is occupied by 11 national and regional firms. The class B project is situated within blocks of TX 360 and midway between the Texas Rangers’ home of Arlington and Dallas/Fort International Airport.
Spain, who’s been leasing the project since 2005, credits the ownership, location and product type for the strong leasing history. Situated on roughly six acres, the 36-year-old One Paddock Place is a front park-rear load design with more than 300 parking spaces.
“Nobody is building projects, like One Paddock Place, to accommodate smaller users so the inventory is dramatically reduced right now,” Spain says. “More importantly, it’s a well-maintained asset with a highly responsive ownership who’s able to get deals done quickly.”
NORTH TEXAS LEASES
Compro Computer Serviceshas renewed 5,836 sf of flex space in Alpha Business Center Building 3, 4350 Alpha Rd., Farmers Branch. Brian Pafford, executive vice president and managing partner of Bradford Commercial Real Estate Services, represented the landlord, Kennington Alpha Business Center LLC, in the direct deal.
Acosta Inc. has leased 5,000 sf of flex space in Spring Valley Business Center, 4200-4488 Spring Valley Rd., Farmers Branch, from SV Tech Center LLC. Jason Finch, first vice president of Bradford Commercial Real Estate Services, represented the landlord. Steven Bates of Savills represented the tenant.
Schnair Sales & Services Inc. has renewed 4,044 sf of flex space in Westwood Business Park, 1801 Royal Lane, Farmers Branch. Jason Finch, first vice president of Bradford Commercial Real Estate Services, represented the landlord, PRE Westwood LLC, in the direct deal.
Bottleless Water Solutions LLC has renewed 3,960 sf of flex space in One Paddock Place, 2214 Paddock Way, Grand Prairie. Michael W. Spain, executive vice president and managing partner of Bradford Commercial Real Estate Services, and Jim Ferris, vice president, represented the landlord, Paddock Partnership. Collin Rock and Randy Wood of Cushman & Wakefield represented the tenant.
F1 Consultancy LLC has renewed 3,710 sf of flex space in One Paddock Place, 2214 Paddock Way, Grand Prairie. Michael W. Spain, executive vice president and managing partner of Bradford Commercial Real Estate Services, and Jim Ferris, vice president, represented the landlord, Paddock Partnership. Alex Coe and Tim Rogers of CRESA Global Inc. represented the tenant.
Alpha Tech Solutions has leased 3,000 sf of warehouse space in Merrick Park, 940 N. Belt Line Rd., Irving, from Merrick Business Park LLC. Chris Kennedy, broker associate of Bradford Commercial Real Estate Services, represented the tenant. Parker LanCarte of LanCarte Commercial Real Estate represented the landlord.
Mojo Minerals LLC has leased 2,556 sf of office space in Highland Park West, 4300 MacArthur Ave., Dallas, from 4300 MacArthur Partners LP. Richmond Collinsworth, senior vice president and managing partner of Bradford Commercial Real Estate Services, and Jared Laake, vice president, represented the landlord in the direct deal.
Hope 360 Postoperatoriohas renewed 1,145 sf of office space in Trinity Mills Professional Park, 2765 E. Trinity Mills Rd., Carrollton. Jason Finch, first vice president of Bradford Commercial Real Estate Services, represented the landlord, VP 2761 Trinity Mills Road LLC, in the direct deal.
