FOURTH TENANT SIGNS LEASE AT PARC NORTHEAST IN RICHARDSON TEXAS
Jackson-Shaw Development Is 50% Leased
DALLAS (May 27, 2020) – Jackson-Shaw, a national real estate development company, announced today that it has leased to a fourth tenant at Parc Northeast, the 434,640-square-foot, four-building, Class A urban industrial development in Richardson, Texas
Newline Interactive Inc., a manufacturer of award-winning interactive displays, intuitive software, and other interactive innovations that help businesses collaborate and schools improve student engagement has leased 48,160 square feet in Building 3, which is approximately 88,829 square feet. This fourth lease brings the overall park occupancy to 50%.
“We want to extend a special thank you to Joshua Barnes of Holt Lunsford Commercial,” said Grant Pearson, vice president of development at Jackson-Shaw. “He is managing the leasing assignment for the development during these unprecedented times, and we greatly appreciate his efforts.”
Currently, the remaining combined 219,581 available square feet within Building 1, 2 and 3, features modern, flexible industrial space that can accommodate office, showroom, manufacturing, distribution, assembly and a variety of other industrial uses.
GID is the project’s equity partner, MYCON is the general contractor for the project, with GSR-Andrade as the project’s architect, Kimley Horn as the civil engineering firm and Veritex Community Bank as construction financier.
Jackson-Shaw is a national real estate development company headquartered in North Texas that has 48 years of experience mixing practical knowledge with vigorous entrepreneurship. The company has developed more than 62 million square feet since its founding, including hospitality, industrial and residential projects. Diverse markets where Jackson-Shaw develops include Dallas, Fort Worth, Houston, Denver, Las Vegas, Scottsdale, Phoenix, Jacksonville and Washington, D.C. Visit www.JacksonShaw.com.
Randy E. Pruett, Cooksey Communications
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