CORFAC News

FOR ADDITIONAL INFORMATION:
Karen Simon, 817-921-8171
Brian Scott, 817-921-8182
Kevin J. Santaularia, 972-776-7034

Fort Worth, TX (August 6, 2012) – Everman Independent School District has acquired the 53,652-sf headquarters campus of Avcor Health Care Products Inc., gaining a mix of office, tech and warehouse space for additional classrooms and administrative functions.

Developed in 1986 as a two-building shopping center, the property is located at 1520 Everman Parkway, less than two miles west of Everman ISD's existing offices at 207 W. Barron Ave. Avcor is in the process of evaluating its options now that its 25-year campus has been sold.

Representing the seller was Karen Simon, executive vice president and managing partner of the Fort Worth office for Dallas-based Bradford Commercial Real Estate Services/CORFAC International, Brian Scott, senior vice president, and Kevin J. Santaularia, president and CEO.

The Avcor property had lingered on the market, with Everman ISD checking it out not once, but twice. The Bradford team's new marketing strategy was the deal-maker.

"It was an opportunistic acquisition for them after we lowered the price," Simon says. "And, it was available at the time the Everman school district was looking to expand."

The Bradford team had long considered Avcor's 5.03-acre tract as ideal for a school campus or a continuation of the existing use as corporate office with a distribution or light manufacturing component. Founded in 1984, Avcor develops, manufactures and markets compression dressings, thermal compression bandages and I.V. aids, such as tourniquet straps and latex-free products.

The property fronts Oak Grove Road and Everman Parkway, with easy access to Interstate 35W to the west and Interstate 20 to the north. Other key features from the buyer's perspective are the 219-space surface lot, which is in good condition, and a fenced perimeter featuring high-quality ornamental iron, designed with large gates.

The campus features an 11,120-sf office building and a 42,542-sf structure with 21,000 sf of office/tech space and the balance as warehouse space. The industrial area boasts three grade-level doors and a two dock-high doors plus a covered platform with a ramp.

About Bradford Commercial Real Estate Services/CORFAC International
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.