The proposal calls for DST Realty to pay $1.2 million for an interest in the industrial park, which is a subsidiary of the Hispanic Economic Development Corp. DST would also pay $580,000 to pay a balance owned by the Westside Industrial Park LLC to the Hispanic Economic Development Corp.
Output Technology, another division of DST Systems, has agreed to lease space in a new 150,000-sf office building to be constructed at that site. A 45,000-sf facility, already in place, would be renovated and also leased by Output, which provides mailing services and information processing for banks, insurance companies and mutual fund companies.
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