The firm talked about the move some time ago, then fell silent. Five months ago, negotiations started to simmer, Dan Tatsch, senior vice president of Hillwood Investment Properties, tells GlobeSt.com. Now, the deal's done and White Consolidated will be moving into the building in early January 2002. The speedy action, he says, is being pushed by a strategy to reduce operating costs and relocate closer to the region's freeway network.
White Consolidated Industries, owned by Sweden-based Electrolux, currently leases a site in Carrollton. "My understanding is this building is going to give them significant improvement in their operating efficiency...and reduce costs," Tatsch says.
The regional wholesale distributor of Electrolux appliances will be joining Southwest Moulding, which moved into 182,256 sf in October at 3601 Pinnacle Point Dr. situated just off Interstate 30 in the Dallas bounds. Tatsch says there are several proposals out for the building's balance, but "nothing's firm yet."
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