Timera Inc., which has just completed the relocation, is leasing an 18,000-sf office structure in the two-building Walnut Hill Court. Thirty employees have moved from Boulder, but 40 already have been added from the Texas labor pool, Sherri Chitwood, Transwestern Commercial Services' senior associate in Dallas, tells GlobeSt.com. By year's end, she expects upward of 30 more will be brought on board by the high-tech company. "They are going to create technology jobs in Las Colinas. While everyone else is down, they're growing by leaps and bounds fairly quickly," she says.

The best part of the relocation is that she has been able to bring the company here "on time and under budget," she says. Timera is occupying all of 1340 Walnut Hill in a five-year lease.

Timera is a part of the Dallas-based Fenix, a technology incubator and holding company owned by Dallas-based Union Pacific Corp. The railroad is in the midst of evaluating technology companies to take under wing in an innovative program to run fiber through rail lines. Fenix also owns Ekanet, based in Irving, TX; Nexterna of Omaha; and Transentric of St. Louis.

In addition to Union Pacific, Timera's client roster includes the Norfolk Southern Railway, Seattle Mariners and Cub Foods, a Midwestern operation. Timera is considered an industry leader in the development of next-generation management solutions for railroads, mining, retail, convention centers, call centers and help desks. Its software facilitates employee scheduling, resource management and productivity.

Chitwood has represented Timera. Jay Lucas of Harry B. Lucas Co. has acted on behalf of the building owner, Graymont Partners Ltd.