22
Oct2012
Bradford Commercial Real Estate Services/CORFAC International leases 180,000-sf class A project in Allen, TX for Twin Creeks Warehouse Ventures LP
For additional information:Susan Singer, 972-776-7043
Allen, Texas (October 22, 2012) – The three-building Twin Creeks Business Center is heading into the final stretch of its lease-up, winning a 21,027-sf tenant for the remaining 56,000 sf of first-generation office/warehouse space. Deals are pending for the balance.
"I think this is a sign that the market is getting better," says Susan Singer, executive vice president of Dallas-based Bradford, who, along with Michael Grant, senior vice president and managing partner, leases the 180,000-sf class A project in Allen for Twin Creeks Warehouse Ventures LP.
The new long-term lease at 1307 N. Watters Rd. was signed by Associated American Industries Inc. Building 200's first tenant is planning to occupy the space in January, relocating from 729 3rd Ave. in Dallas.
Singer is negotiating one lease and has proposals out to tenants to fill the balance of Building 200 in the master-planned project, located close to US Hwy. 75, Texas 121 and President George Bush Turnpike. Twin Creeks also includes a 60,000-sf and 64,000-sf office/warehouses at 1303 N. Watters Rd. and 1305 N. Watters Rd., respectively.
"This is a great location for the decision makers that live in the area and there is a limited amount of office/warehouse space in Allen," Singer says."I think we'll be at 100% occupancy in 2013."
About Bradford Commercial Real Estate Services/CORFAC InternationalBradford 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. For more information on CORFAC, contact 703.532.6160 or visit www.corfac.com.
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