Celestica's tenant representative, Allen Gump, executive vicepresident for Colliers International Inc. in Dallas, can't confirmthe lease length due to a confidentiality clause, but he did tellGlobeSt.com that Valwood 25 at 13755 Diplomat Dr. was the only oneof 12 buildings under review "that really hit all the criteria."The Toronto-based tenant wanted a fully air-conditioned cross-dockbuilding with heavy power, ample parking and a location along a busline so employees have access to mass transit.

Gump says Valwood 25 is requiring some immediate and moderatetenant improvements to meet the move-in deadline, including an11,000-sf office finish-out. Celestica needs to have Valwood 25 upand running before it can completely shut down an 85,000-sfoperation at 1050 Venture Court in nearby Carrollton. Gump saysCelestica has built in enough time to complete the relocationwithout extending its stay at an eight-year location.

The search included new and old cross-dock buildings in andDallas/Fort Worth International Airport, Plano and Richardson. "Wewere looking for a specific type of building. We just got lucky andfound the right building," Gump says, adding the tenant'smust-haves would have been "brutally expensive" if retooling hadbeen necessary. Celestica provides electronic manufacturingservices, including design and post-sales repairs for giants likeSan Jose, CA-headquartered Cisco Systems Inc., Santa Clara,CA-based Sun Microsystems Inc. and IBM Corp. in New York City.