Phil Sandlin, vice president for Bradford/Corfac Internationalin Fort Worth, says Omaha-based Tenaska did look around beforesitting down to rework the pact for its regional office at 1701 E.Lamar Blvd. in North Arlington. "They got themselves comfortablewith the market and what's available in that market," he says,adding "there aren't very many larges spaces in NorthArlington."


Sandlin tells that the eight-year tenant's 20,890-sflease had three years to go before expiration so the deal waspackaged as a co-terminus expansion with a five-year term andextension. "The ability to extend and on-site security was a plusfor them," he says. Talks began about six months ago.


Tenaska's office takes up the entire first floor of thebuilding's east wing and now part of the west wing's main level.Prior to the expansion, the independent power producer was tied insize with Texas Health Resources. Gary Walker, president of SCMReal Estate Services in Arlington, and his broker, Renee Efimoffrepresented the tenant.


The expansion nudges the 80,104-sf, class A suburban officebuilding to 72% occupancy for Meridian, ID-based DBSI Housing Inc.The quoted rate is $19 per sf, full service.

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