Bradford Locks In 7-Year Deal, Keeps Flex Project at 100%

Bradford Commercial Real Estate Services has signed a seven-year lease with Freedom Furniture & Design for Royal Jetstar Tech Center, protecting the flex project’s lease-up without any down time between tenants.

The design firm has leased 15,340 sf at 4040 W. Royal Lane in Irving. A May occupancy is planned.

“Freedom Furniture was interested in sublease space that one of our tenants was marketing. It just made more sense to do a buy-out and negotiate a new lease instead,” says Jason Finch, first vice president of locally based Bradford Commercial Real Estate Services. He and Michael W. Spain, executive vice president and managing partner, represent the landlord, Pre DFW Airport LLC.

Freedom Furniture has leased as-is space, keeping the high-end office finish-out and opting to slightly expand the warehouse component. Daniel Rudd of Avison Young represented the tenant.

Royal Jetstar Tech Center, totaling 92,052 sf, has been fully leased for three years or more.

The five-tenant project, featuring 20-foot clear height and dock-high loading, is located close to freeways and Dallas/Fort Worth International Airport.

“Royal Jetstar is situated in a really nice commercial pocket and surrounded by well-maintained buildings,” Finch says. “It’s a highly desirable location in the Metroplex.”

NORTH TEXAS LEASES

Freedom Furniture & Design has leased 15,340 sf of flex space in Royal Jetstar Tech Center, 4040 W. 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. Daniel Rudd of Avison Young represented the tenant.

ABP Construction LLChas leased 6,600 sf at 10709 Tube Dr. in Assured Business Park, Hurst, from Euless Industrial 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.

Mountain of Fire and Miracles Inc. has renewed 4,335 sf of flex space in Park Forest Business Center, 10610 Metric Dr., Dallas. Jason Finch, first vice president of Bradford Commercial Real Estate Services, represented the landlord, Tyler Family Real Estate Investments LLC, in the direct deal.

Plunkett’s Pest Control Inc. has leased 3,600 sf of flex space at 3601 Bell Dr. in Assured Business Park, Hurst, from Euless Industrial 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.

Allied Bioscience has renewed 2,994 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.

RGH Assets has leased 1,800 sf of office/warehouse space at 10709 Tube Dr. in Assured Business Park, Hurst, from Euless Industrial 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.