KBA Group LLP, certified public accountants, signed a 10-year lease for the premier space at 14241 Dallas Parkway, owned by the Ohio State Teachers pension fund. Buddy Tompkins of Wilcox Realty Group in Dallas represented the building owner while Bill Cawley and Tom Bisanz, both with Cawley International in Dallas, brokered the terms for the tenant.
According to Tompkins, a merger between KGA Group and BDA&K Business Services precipitated the move, with the 1.1-million-sf complex winning the face-off. The firms now office in the Spring Valley area of the submarket.
Just as Tompkins hinted in a previous interview, the deal closed within a week of Nike Inc. signing for 12,350 sf. Like Nike, the accountants are getting shell space that will be customized to their liking. The latest deal seals off 50,768 sf of 351,000 sf that delivered a year ago. JPMorgan Chase occupies two of the three buildings in the 1.1-million-sf complex. With KBA's deal done, Tompkins' attention now is on 50,000 sf that he says is in the market in multiple deals. The class AA space is quoted at $24 per sf.
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