X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LEWISVILLE, TX-Following a close to year-long search, Orthofix International NV has selected Austin Ranch for its 144,000-square-foot regional headquarters, manufacturing and distribution facility. Dirt work on a build-to-suit for the facility will begin next week following an April 21 ground-breaking ceremony, with completion anticipated for the first quarter of 2010.

Carter Crow, vice president of leasing for Austin Ranch developer Billingsley Co. says the orthopedic equipment manufacturing company, represented by Chris Mason with Jackson Cooksey of Dallas, signed a 10-year lease for the facility, which will be on 8 acres at the corner of Plano Parkway and Tittle Drive.

Crow, who negotiated the deal on behalf of Billingsley Co. says Orthofix searched throughout the Dallas-Fort Worth area for about 10 months to find a likely place to relocate. He tells GlobeSt.com that Orthofix’s management liked the Austin Ranch’s corporate campus feel, rolling hills and greenery. Also appealing was the location.

“They’re on (State Highway) 121, right down the road from the (Dallas Fort Worth International) airport,” Crow says. “They’re doing something different with the new facility that’s different from their current one. They’ll be increasing in size and bringing customers in to teach them how to install their products.” This means physicians and surgeons nationwide and from around the world will be coming to the new location.

With construction recently completed on highway 121, “it’s a 10-minute drive to the airport, which is convenient,” Crow says. Orthofix’s current location at 1720 Bray Central Dr. is about 15 minutes north and east of Austin Ranch and further from the airport.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.