
Although specific construction costs were not available, land costs in the submarket range from $4 per sf to $5 per sf. The buyer's broker, Andrew W. Sowell with Boyd Commercial LLC, says the land at Tanner and Windfern roads provided the best layout for Headworks as well as the best location for the company. He partnered with Boyd Commercial president J. Michael Boyd on behalf of the buyer.
Sowell says Headwinds wanted to move to the northwest submarket because its customer and employee base are there. The 5.1-acre site, bought from MTZ & Gupta Investments of Houston, also fit into Headworks' plan for a LEED-certified building because the acreage boasts many old oak trees, some more than 100 years old.
Houston-based Kirksey Architecture is designing the building. "They're going to incorporate all of those beautiful oak trees into their sustainability efforts," Sowell says. "This worked out perfectly for them as those trees will fit well into their image and line of work." Construction will begin later in 2008 and wrap up in late 2009.
Headworks will be relocating from a 7,000-sf office at 800 N. Wilcrest Dr. in the west submarket. Also, Sowell tells GlobeSt.com that Headworks out-sources its manufacturing, but plans to bring it in-house when the new building is done.
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