Jack in the Box is taking 105,000 sf in a long-term lease for a Southwestern US distribution center. "It's the exact kind of tenant that we want for that park," Al Sorrels, Panattoni industrial partner in Dallas, tells GlobeSt.com. "It perpetuates the corporate image that we want to establish out in the park." The building will be ready to occupy in spring 2002.
The building will be positioned on 14 acres on the south end of the park, which is situated off Interstate 20. Alliance Architect designed the structure and Panattoni is acting as general contractor, according to Sorrels.
Ken Boyd and JR. Tomlinson, both of Jackson Cooksey in Dallas, negotiated the deal for Jack in the Box. Sorrels handled talks for Panattoni. Sorrels says preliminary talks began with prospects for the balance of the structure.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.