Cosmos, a charter school with facilities in Houston and Austin,set up shop in Northgate III at 11995 Forestgate Dr. in Dallas.Loren Hilyer of Alliance Commercial in Dallas represented theschool while Stephen Cooper of the locally based Robert Lynn Co.brokered for the building owner, American Industrial PropertiesREIT of Irving.

Cooper tells GlobeSt.com that the deal took about a year to signdue to charter school requirements. The Northgate III is afreestanding building in the northeast submarket. The park's quotedrate ranges from $4.50 per sf to $5.50 per sf.

In another industrial move-in, the ESI Group has filled 8,108 sfin Commercial Distribution Center I at 1347 Exchange Dr. inRichardson. The audio and sound production operator took "as-is"space in a building with a quoted rent of $3 per sf net. The65,000-sf building, now 90% occupied, is owned by ProterraProperties of Dallas, which had leasing director Dan Lawsonnegotiating the terms. The tenant's rep was Mike Gravitt of MikeGravitt & Co. in Dallas. The ESI Group, relocating from FarmersBranch, is using the office/warehouse space as its headquarters aswell as equipment storage.

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