FORT WORTH – Signaling the lease-up for a new listing, Bradford Commercial Real Estate Services has signed ADG Concepts LLC to 12,500 sf of ready-to-occupy space in Blue Mound Industrial Park in the Meacham Field/Fossil Creek submarket of Tarrant County.
The locally based company, which specializes in compressed air solutions, has relocated to 924 and 928 Blue Mound Rd. in Saginaw. To secure the much-needed expansion space, ADG Concepts has signed a long-term lease for adjacent suites in a 45,000-sf office/warehouse, owned by Blue Ridge Industrial of Dallas.
"We had several offers on the individual spaces, but ADG made the most sense because it was interested in both," says Jason Finch, first vice president for Dallas-based Bradford Commercial Real Estate Services.
Bradford leases one of the four buildings in Blue Mound Industrial Park, a 164,152-sf infill project on 11.5 acres on the outskirts of Fort Worth and close to Dallas/Fort Worth International Airport. In addition to Finch, the Bradford leasing team included Richard Hitz, vice president, and Michael W. Spain, executive vice president and managing partner.
ADG Concepts' lease was signed within two weeks of touring the space. Niko Padilla of the Mercer Co. represented the tenant, who relocated from nearby Haltom City.
"We signed a high-credit tenant within a few months of getting the listing," Finch says. "Bradford's new client was impressed."