IRVING, TX-Train Dynamic Systems, a unit of New York Air Brake Corp., is taking down 50,200 square feet of flex industrial space at the 180,000-square-foot Freeport Corporate Center 2. New York Air Brake, which manufactures, markets and distributes brakes and systems for the railroad industry, signed an eight-year lease with the building’s owner ProLogis, effectively doubling its size.

Jim Ferris with Dallas-Based Bradford Commercial Real Estate Services/CORFAC acknowledges that the tenant, headquartered in Watertown, NY, set its original sites on the market south of Dallas-Fort Worth International Airport for the new digs. However, the 30,000 square feet of existing office space at 5201 Regent Blvd. was a huge selling point for the tenant.

“All they had to do was repaint and carpet it,” says Ferris, who represented ProLogis in the negotiations with Bradford colleague Mitch Pruitt. “This was one of those impossible deals a tenant finds; existing office space, requiring few tenant improvements.”  The remaining space is being built out to include an additional product/assembly area, as well as a 7,000-square-foot showroom for training simulators and demonstrations.  

In signing the lease, the tenant takes over space once leased by GE Aviation, which left in March 2010. The other current tenant at Freeport Corporate Center 2 is Fresenius Medical Care, which occupies approximately 90,100 square feet. This leaves approximately 40,000 square feet vacant, and Ferris says there has been a great deal of interest in the space. “In Freeport, it’s firmed up,” Ferris tells GlobeSt.com. “ProLogis has had a lot of activity there during the past year.”

New York Air Brake’s Train Dynamic Systems unit is relocating from 25,000 square feet at 8910 Oak Grove Rd. in south Fort Worth, TX. Ferris and Pruitt are representing owner WFR Properties Inc. in seeking out a sublease tenant to backfill the vacant office/warehouse space for the remaining four years of the lease.