After a four-month search west of Dallas, the publicly tradedAGCO Corp. from Duluth, GA landed in the last open block at 2113Exchange Dr., a 141,626-sf warehouse owned by Denver-basedProLogis. The space was marketed at $2.85 per sf, triple net.

The Great Southwest has enough available stock "for us tonegotiate an aggressive deal," Chris Jackson, managing director andpartner for Dallas-based Stream Realty Partners LP, tellsGlobeSt.com. "It was far less than they were paying for a mucholder building." AGCO's former location along Lemmon Avenue wasowned by Sewell Automotive Cos., which worked out a lease buyout sothe Lexus-Cadillac dealership could expand, according toJackson.

Stream associate David Duwe partnered with Jackson on therelocation search and negotiations. ProLogis had in-house marketingrepresentative, Joe Rudd, bargaining its terms.