Delta Group Electronics has leased 50,000 square feet of industrial space for its regional office and manufacturing operation.
The lease is for eight years at 2920 N. Texas 360 in Grand Prairie, said Colliers International.Delta Group Electronics, based in Albuquerque, was founded in 1987 and is a full-service electronics manufacturing services company. Its clients are in aerospace, defense, transportation, medical, mining and commercial industries.The company also has assembly operations in California, Florida and Arkansas, and an office in St. Louis.Tom Pearson and Chris Teesdale of Colliers International represented Delta Electronics. Kacy Jones and Stephen Koldyke of CBRE represented the landlord, TIAA.Hurst land soldArlington-based SkyWalker Property Partners has sold 1.2 acres, the balance of the 3.4-acre site of the former Precinct Line Center, located off Airport Freeway in Hurst, to a Dallas-based retail developer.The developer plans to build Hurst Point on the site, at 1432 Precinct Line Road, which has been pre-leased to a dental group and two national restaurants, the seller said. The project is scheduled to be completed in May.The property has been owned by SkyWalker Property since January 2011, when it foreclosed on a note it had acquired from a life insurance company in August 2010.In June 2011, SkyWalker demolished the 33,625-square-foot Precinct Line Center, scraped the site and divided it into pad sites. The first buyer was Wells Fargo, which is getting ready to open a new banking center on its 1.2-acre tract, Skywalker said.Clint Holland of Skywalker Property represented the seller, Skywalker's Hangover Opportunity Fund.Transactions4000 W. Pioneer Parkway, ArlingtonCountry Tobacco has leased 1,779 square feet. Scott Jackson, of Hudson Peters Commercial, represented the landlord, Texas Star Inc.4709 Lone Star Blvd., Fort WorthGordon Wayne Davis bought a 22,239-square-foot industrial building. Jeff Givens, Amy Baker and Todd Hawpe with Transwestern represented the buyer.2828 Forest Park Blvd., Fort WorthCurves has leased 2,400 square feet for a new location of its fitness and massage studios. Chad Snyder of CASE Commercial Real Estate Partners represented the tenant. Sara Knight of Carlisle Interests represented the landlord.213 E. College St., GrapevineInvestor Stacy Tate in Southlake has bought a 2,900-square-foot office building in historic Grapevine. Russ Webb and Jim Leatherwood, of Silver Oak Commercial Realty represented the seller, Phillips Land. Nelson Somerville represented the buyer.FM 1709 and White's Chapel Road, SouthlakeCrest Securities Ltd., owned by local developer Mac Grantland, has bought the last two undeveloped pad sites in Chapel Hill Office Park from Dallas-based Realty Capital Management. Grantland plans to build two 6,000-square-foot medical or professional office buildings. Mark Boone of Realty Capital represented the seller.Have more to add? News tip? Tell us
