By Razvan Cimpean
TexasLending.com signed a 24,850-square-foot lease renewal at The Centre, a Class A, 11-story office building in Farmers Branch, Texas. The asset is owned and managed by Boxer Property.
Located at 4100 Alpha Road, the 227,000-square-foot property sits a mile from Interstate 635. The asset also offers convenient access to multiple bus stations, restaurants and hotels, including Genghis Grill Franchise Concepts, DoubleTree by Hilton and Extended Stay America. The Centre was completed in 1981 and features more than 900 parking spaces.
Stream Realty Partners’ Todd Noonan, senior vice president, represented the tenant in the renewal. Boxer Property Management’s Mark Dowdle and Jordan Myller represented the landlord. Last month, Stream was selected to manage 199 South Los Robles, a 163,000-square-foot office building in Pasadena, Calif.
“The West LBJ submarket vacancy rate is appealing right now, providing new opportunities for tenants,” Noonan said in a prepared statement.
Image courtesy of Yardi Matrix