Search
 

Round-the-Metroplex Deals Seal Off Industrial, Office Spots

DALLAS-Three deals for office and industrial space close off 17,383 sf as building owners cut what the brokers say are terrific deals for the tenants. A keyless entry supplier doubles its spot amid a call for a business spurt again in 2002.

By Connie Gore | Updated on December 05, 2001

DALLAS-An Indianapolis-based keyless entry supplier will welcome the New Year with a relocation of its Dallas operation into double the space in the Dallas-Garland corridor.

Best Lock Corp. has stamped a seven-year lease for a 7,623-sf freestanding industrial building at 10510 Markison in Dallas. Eric Gilbert, an associate for Grubb & Ellis Co. in Dallas, tells GlobeSt.com that a “superb deal” was cut with building owner TA/Western Associates Advisors for the vacant spot in the warehouse property.

Best Lock, says Gilbert, is experiencing particular success in the Texas market and predicts 2002 will bring even more growth for its keyless entry customer base. Several properties were screened in recent months. The firm was looking for a “niche” building with minimal office space. “It was a perfect fit,” Gilbert says of Northgate II’s Building 10. Representing the building owner was Blake Purnell of the Holt Co. in Dallas.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.