"It's one of the quickest deals that I've ever done," PhilPuckett, principal with Dallas-based Trammell Crow Co., tellsGlobeSt.com of the four-week turn. "It grew from one floor to twofloors to 2 1/2 floors." And it's a homegrown firm, Adea SolutionsInc., taking down 67,000 sf--all that Cap Gemini had available inOne Panorama Center at 7701 Las Colinas Ridge. Adea has spent sixmonths in the market for a top-tier block to house corporateoffices and development labs plus get room to grow.

The privately held Adea, planning a June 30 move, took the toptwo floors in an eight-story building and will split the thirdfloor with Cap Gemini, which is keeping keys to the sixth floor andnow packing for the move from the other floors. Adea got as-isspace marketed at $16.50 per sf plus electric. The furniture wasnegotiated as well. In comparison, the quoted direct rate is $23per sf in the 94%-leased, 208,701-sf building overseen byTranswestern Commercial Services.

"We are taking advantage of a number of market dynamics,including the availability of cost-efficient real estate, toposition us for long-term profitable growth," Abid H. Abedi, Adea'schairman and CEO, said in a press release. The eight-year-old Adeawill exit its founding site, 27,000 sf in Heritage Square I at 5485LBJ Freeway, along with 30,000 sf of lab space at 5420 LBJFreeway.