FORT WORTH – Signing a 203,289-sf lease, Quorum International has renewed, expanded and will consolidate its national distribution center under one roof at Railhead Industrial Park.
The long-term term lease has landed at Railhead Distribution Center, located at 421-441 Railhead Dr., owned by Sun Life Assurance Co. and one of Quorum’s two landlords in the park since 1998. In a consolidation decision, the specialty lighting company has leased the 123,905-sf balance of Sun Life’s 305,255-sf rail-served building, where it presently occupies 79,384 sf.
“The main factor that got the deal done was they could be in contiguous space,” says Nick Talley, market director for Dallas-based Bradford Commercial Real Estate Services.
Tenant improvements are underway on the expansion space, including a dispatch office for long- and short-haul drivers. Quorum’s new space will be ready to occupy in March.
Quorum began searching for expansion space in September 2012. Talley and Bradford’s Karen Simon, executive vice president and managing partner, negotiated directly with the Fort Worth-based company, which manufactures and distributes ceiling fans, LED ceiling lights
and accessories worldwide.