Two-Decade Spec Void Has Tenants Clamoring for Industrial

Class-A Parc NorthEast is a 434,640-square-foot four-building industrial development.

RICHARDSON, TX—In response to a speculative industrial void that languished for some two decades, approximately 124,537 square feet of combined industrial space has been leased at class-A Parc NorthEast, a 434,640-square-foot four-building industrial development, according to Jackson-Shaw. The development is specifically designed to cater to a wide variety of tenants ranging in size from 18,000 to 434,640 square feet.

Mygrant Glass, a family-owned auto glass wholesaler, has leased the entire space in Building 4, which is approximately 93,079 square feet. Section Stack, a family-owned garage door company, has leased approximately 31,458 square feet in Building 2. Parc Northeast’s first tenant, E4D, a manufacturer of high-tech medical devices, pre-leased 42,362 square feet in Building 2 before construction was completed, leaving approximately 42,696 square feet available in Building 2.