The class A industrial lease for 4251 State Hwy. 121 went fullcircle in 30 to 45 days, John Leinbaugh, vice president of leasingand marketing for the Atlanta-based IDI, tells GlobeSt.com. The winfilled the last opening in IDI's 3.5-million-sf park.
DFW Trade Center's Building I has freeway frontage, a perk inthe commercial corridor and a dealmaker typically commanding apremium rate. Non-freeway fronting space in the submarket isfetching about $3.50 per sf, net.
"It was a nice deal for us," Leinbaugh says, adding there wascompetition, but he wasn't privy to the details. Damian Rivera,vice president with Dallas-based Stream Realty Partners LP,represented the Suwannee, GA-based Maxxis, a tire manufacturer forall types of vehicles, including yard equipment and trailers.
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