FORT WORTH – A 46-year-old California company has set a plan in motion to relocate its headquarters and distribution center to Fort Worth, making a seven-year commitment for 39,405 sf of first-generation space in Carter Industrial Park.
Flannery Trim has selected Carter Logistics Center Building A at 7424 Oak Grove Rd. as its new distribution operating base, becoming the first tenant in an 87,640-sf structure that delivered last year. Tenant improvements are underway for the new shop, which is being designed with a 2,000-sf office for the headquarters team.
"Flannery had several options in the Fort Worth market, but only one that offered an end cap and fenced-in storage," says Nick Talley, executive vice president and managing partner in the Fort Worth office of Dallas-based Bradford Commercial Real Estate Services.
Talley says the six-month site search was focused on Fort Worth for several reasons – less traffic congestion than Dallas and an easily accessible freeway system in all geographical directions for transporting goods. The number of new jobs that will be created is uncertain at this time.
"Fort Worth has been attracting quite a bit of new business from new-to-market companies and relocations from within the metroplex," Talley says. "Those coming from California are clearly attracted to Texas' pro-business climate and better tax laws."
Flannery manufactures specialty aluminum trims and drywall products for interior and exterior wall systems in commercial and residential construction. The family-owned and operated company will soon complete its relocation from its founding city in the San Fernando Valley.
Scott Moore, Bob Scully and Brice Wells of CBRE represented the landlord, BRC III Carter Logistics Center LLC.
Bradford Commercial Real Estate Services/CORFAC International is a full-service real estate company based in Dallas with an annual transactions volume exceeding five million square feet. The company manages and leases more than 20 million square feet, valued at $300 million, in North Texas for its strategic partners.