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Argent Property Preps for 70,880-SF Office Structure in Plano Technology Center

PLANO, TX-A two-year-old IT firm needs more space, more workers and more manufacturing space. Come March 2001, LaserComm plans to have the keys to 52,000 sf of a 70,880-sf project being undertaken by Dallas' Argent Property Co.

By Connie Gore | Updated on November 15, 2000

PLANO, TX-Argent Property Co. of Dallas has signed LaserComm Inc. to 52,000 sf of a 70,880-sf structure that will break ground by year’s end in the 45-acre Plano Technology Center.Site preparation is under way for the five-acre project that will enable LaserComm to expand its US corporate headquarters, manufacturing capability and workforce. The two-year-old firm has been operating out of space at 2600 Technology Dr. in Plano. It also has a research and development center in Tel Aviv.

Jeff Groce, LaserComm’s production facilities manager, tells GlobeSt.com the firm is investing about $2.5 million, minus shell costs, in the expansion. Argent, building developer and owner, has given a first-option right to LaserComm for the remainder of the structure, positioned on 4.7 acres.

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