Unique Items, a five-year tenant, re-upped for another fiveyears at 1503 Kelly Blvd. in Carrollton. Gianni LaBarba ofDallas-based Mohr Partners tells GlobeSt.com that the firm lookedat nearby buildings in Carrollton and across the line in Addison,but then renewed a few months early after talks produced a rate tosave $30,000 to $40,000 with a five-year term. The Kelly Boulevardbuilding has a quoted rate of $3.40 per sf.
LaBarba says the negotiated deal also produced some cosmeticimprovements for the 10,791-sf space in a two-tenant building inthe Valwood Industrial Park. Matt Smith with CB Richard EllisInc.'s Dallas office represented the local building owner, whichhouses a western wear business in the other half of thestructure.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
