The market is ripe for the spec project, Steve Modory, Championsenior partner, told GlobeSt.com. There are less than five officeprojects under construction with available space in the boomingsubmarket where open land is plentiful and unleased space is at apremium. "The market conditions in our mind dictate the need foradditional spec office space in Las Colinas," emphasizesModory.

He says the class A Westway I will come to market in May or June- just about the time when Champion and State Farm anticipatebreaking ground on a second spec building. The master-plannedWestway Business Park ultimately will deliver close to one millionsf of new office space to the current 25 million sf of office spacein the Las Colinas submarket.

Champion and State Farm first teamed in Atlanta, delivering a500,000-sf warehouse. "This is an extension of this relationshipwith State Farm," says Modory, adding that the partnering providescapitalization to break away from atypical development of only onebuilding per year.

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