Henry S. Miller Commercial Arranges
Back-to-Back Leases at Recently Purchased Cabot Property; Totaling
28,000 SF
DALLAS, TX - October 16, 2008 --
Henry S. Miller Commercial’s Chris
Armstrong, Associate – Office/Industrial division recently arranged
a second lease for Cabot Properties’ building in Carrollton,
totaling 28,000 square feet transacted in less than a month’s time.
Just weeks ago Armstrong negotiated a 13,500 square foot lease for
AlphaSIGN’s new office and warehouse facility; this week he secured
the lease of a neighboring space containing 14,500 square feet for
INE International. When Cabot Properties purchased the building this
past summer, it was 54% occupied. Currently, just a month later, the
81,000 square foot building is an 89% leased asset. The property is
located at 1225 Capital Drive in Carrollton, Texas. Chris Armstrong
was the sole broker in the transaction, representing the tenant, INE
International.
Henry S. Miller
Commercial, founded in 1914, is Texas’ largest independent
commercial real
estate firm and a member of Realty Resources
Network, one of the largest affiliations of commercial real estate
firms in the nation.