INO Therapeutics Inc., a Dallas-Fort Worth newcomer, signs for 7,200 sf at 1221 S. Beltline, deal making that fills the last spot for the long term in the 105,600-sf structure, Michael Spain of TIG Real Estate Services in Dallas tells GlobeSt.com. Move-in is set for April 1 into a half office-half warehouse finish-out.
Spain and TIG's Tom C. Smolik represented the building owner, an investment partnership, Coppell Commerce Center Ltd. John Aldrich, the Dallas president for Colliers International, negotiated the terms for the Clinton, NJ-based pharmaceutical company, which develops treatments to aid heart and lung function.
In the other long-term lease, Network Courier Service Inc. will occupy 8,400 sf at 1234 Lakeshore Dr., a 135,000-sf flex building with Kraft Corp. and Pulte Homes as the leads. Network Courier, relocating from Grapevine, will move in May 1. The shell space also will be finished out to a 50-50% split between office and warehouse.
Spain and Smolik crafted the terms for the building owner. Kurt North of Northpointe Commercial Realty Services in Plano represented the courier service.
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