AYC Group Selects Gateway East
For HQ Relocation, Expansion
DALLAS AYC Group LLC, locking in the location for the long term, has leased 30,845 sf in Gateway East Business Center, upgrading to class A industrial space and expanding its headquarters and distribution hub in northeast Dallas.
The Garland, Texas-based company will move to 4009 Distribution Dr. in early October. Chris Stout, market director of Dallas-based Bradford Commercial Real Estate Services, and Susan Singer, senior vice president and managing partner, represented the landlord, Northwestern Mutual Life Insurance Co. Sara Fredericks of Hudson Peters Commercial LLC represented AYC Group, a supplier of salon equipment.
The lease has been six months in the making, with the landlord overcoming competition from several aggressive landlords. "Northwestern Mutual is getting aggressive as well. We're occupancy-driven right now," Stout says. "We have several more vacancies to backfill at Gateway East, but are very optimistic with the improving market conditions, along with Northwestern Mutual's willingness to be creative and aggressive."
AYC Group's tenant finish-out is underway in the 304,000-sf Building II, a cross dock with 28-foot clear heights and easy access to Interstate 635. The work is focused on enlarging an 1,800-sf spec office suite to 4,000 sf to provide the company with ample headquarters space and a brand-new customer showroom.
Click here for PDF
|
