Both companies will relocate from Frisco, TX to the space at2525 E. State Highway 121 during Q1 2008. Decorator's Choice signeda 10-year, 45,300-square-foot lease for offices, a showroom and adistribution center. Meanwhile, Mustang Electric Supply will take28,200 square feet of office and warehouse space for fiveyears.

"The real driver of this was the completion of (state highway )121 back in September," comments Geoff Meyer, director of realestate development in Texas for property owner Opus West Corp."It's entirely changed the face of that corridor from the NorthDallas Tollway to Interstate 35."

Though the end result of the construction will be positive,Meyer acknowledges the period brought challenges when it came toleasing 121 Lakepointe Crossing, which was completed in 2003."You've had that road under construction for nearly four years, andit's no secret there were some challenges to accessing it," Meyercomments. He says since the road was completed, there's been goodinterest in the remaining 43,000 square feet, but nothing past thetire-kicking stage. "We'll probably finish leasing it up early nextyear," he comments.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.