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FORT WORTH-In a quick-turning deal, locally based Southwest Bank has leased 22,471 sf of class B office to relocate and expand its human resources and operations departments. Lights go on March 15, with a five-year, full-floor lease as security for Overton Centre II.

Theron Bryant with SCM Real Estate Services in Arlington says a two-week market search jump-started talks for a direct lease of the ninth floor of the 189,440-sf office building at 4100 International Plaza Dr. in the city’s southern sector. “There was not a whole of larger blocks available,” he tells GlobeSt.com. “The deal happened pretty quickly.”

According to Bryant, the bank’s teams have been operating in roughly 8,000 sf at its main location, a 24,000-sf building at 3737 Loop 820. He says the bank’s growth in the past year and its future plans required considerably more space for the operating arms. He says he heard the top floor was about to be vacated at Overton Centre and immediately called John Grace of GVA Cawley Realty Services in Dallas, the leasing affiliate for owner Wilcox Capital Partners.

“That location made it for the size of the floor plates along with the ease of access for existing employees,” Bryant says. Finish-out is under way.

Bryant says talks produced a stair-stepped lease. The building’s space is marketed at $18 per sf to $18.50 per sf, according to information from North Texas Commercial Association of Realtors’ data exchange.

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