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STAFFORD, TX-France Compressor Products is relocating from Newtown, PA to this southern Houston suburb in June. The company has a medium-term lease for a 60,000-sf office/warehouse building in the area. The firm will be settling into digs at the Freeport Southwest Distribution Center at 4410 Greenbriar Dr. in a building owned by Principal Mutual Life Ins. of Des Moines, IA. Graham Horton of the Houston office of the Staubach Co. represented the building owner in the lease negotiations, while Chris Clayton of Staubach’s Cleveland office represented France Compressor. Average lease rates for industrial space in Fort Bend County where this building is located range from 28 cents per sf to 35 cents per sf.The relocation, says Jennifer Raymond, senior vice president of development for the Greater Fort Bend Economic Development Council, will place France Compressor closer to its customer base as well as allow the company to implement newly developed manufacturing improvements. France Compressor will employ approximately 75 people at the new facility.France Compressor Products is a subsidiary of publicly traded Enpro Industries. The firm manufactures sealing components used in reciprocating compressors.

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