Frank A. Mills, Ablah's executive vice president, that ODW Contract Services Inc. of Columbus, OH willmove into 80,000 sf to open the first regional distribution centerfor Lexus outside California. Build-out of the freshly paintedwarehouse at 500 Airline Dr. started yesterday now that interiordemolition work is wrapped up. Scott Reid of Dallas is the generalcontractor on the build-out, designed by David Masters of Merriman& Associates of Dallas. Move-in is anticipated at the 2002start.

ODW surfaced as a prospect during the final stages of thepurchase. Mills says the parts distributor went elsewhere and thenreturned when the deal fell through. In three weeks of talks,Mills' broker Ken Wesson of Dallas-based Bradford Co. had locked upODW as the first tenant in a long-term signing. Bradford's CaryKrier negotiated on the tenant's behalf. The DFW DistributionCenter carries a quoted rate of $3.25 per sf triple net.

The property's fast-paced repositioning is moving right along,Mills reports. "We have two deals working that could fill thebuilding and maybe create an expansion for us," he confides. The410,000-sf building is designed with a 100,000-sf expansioncapability. Another signing could be just around the corner.

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