DALLAS—Developer Jackson-Shaw has announced Hilti Inc. is the first tenant to occupy space at Parc Royal, a 30-acre complex comprising 511,600 square feet, in Irving.
Hilti, a supplier of specialized tools and fastening systems for the construction industry, will lease 65,000 square feet of industrial space in Building 4, with an anticipated occupancy date of June 1.
“Parc Royal's location, design and functionality are the epitome of what Jackson-Shaw looks for within our Urban Industrial platform," Jason Nunley, vice president of development for Jackson-Shaw, told GlobeSt.com. "Having Hilti as our lead tenant further validates how this truly is essential space for corporate America.”
The four-building development, completed in December 2014, is located on one of the D/FW International Airport submarket's last industrial infill spaces. The location on West Royal Lane gives tenants of Parc Royal immediate access to the airport, as well as major freeways.
“Our client, Hilti, began its search across DFW and ultimately decided on Irving, Texas,” said Forshey Hoobler, vice president of JLL, in a release. “Hilti is proud to call Irving their new home for the R & D facility and excited to move in Parc Royal this summer.”
Blake Kendrick, managing director and partner of Stream Realty Partners, represented Jackson-Shaw, while Hoobler represented the tenant.
To develop Parc Royal, Jackson-Shaw partnered with GID Investment Advisor LLC, a Boston-based real estate investment company. Texas Capital Bank provided the construction financing, Mycon General Contractor Inc. served as the general contractor and GSR Andrade Architects was the architect.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more information visit Asset & Logo Licensing.
