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PLANO, TX-A Tampa-based telecommunications provider has subleased a 143,817-sf building from Qwest Communications International Inc. of Denver, which moved its last group out of the structure in March. The inbound tenant has taken over the five-year balance of Qwest’s deal with the Granada Hills, Ca owner.

Precision Communications Inc. will move into the building at 901 Jupiter Rd. in December, Robert O. Fulford II, vice president in Dallas for Grubb & Ellis Co., tells GlobeSt.com. The firm is exiting about 70,000 sf in a nearby building at 1801 10th St.

Fulford says he and partner, Gary Lindsey, senior vice president, have spent nearly 2.5 years marketing the building in advance of Qwest’s phase-out of an acquired company. Direct talks began about 10 months ago with Precision Communications’ execs and then went quiet until recently when they picked up a major third-party contract, according to Fulford.

The 26-year-old building on 9.6 acres has been on the market for $4 per sf triple net. Fulford says the building, with 40,000 sf of office area, will undergo an extensive finish-out before the new tenant gets its keys.

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