Stacy Furniture Boxes 379,700-SF Expansion

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FLOWER MOUND, TX-After a yearlong search, a leading regional retailer has packaged a long-term lease with an option to buy the 379,700-sf Lakeside Trade Center 2. The deal is the firing pin for the furniture icon’s expansion and Hillwood to add more spec space to the park.

If all goes according to plan, Rick Stacy, founder of Stacy Furniture, says he will be holding the deed to the 21-acre asset before the year ends. For now, the plan is to start moving in early May to 709 Enterprise Dr., shifting inventory from four local warehouses while continuing to ship orders to customers. Stacy says the move will take about three months to complete. At the end of the day, he’ll have a 30,000-sf retail outlet and all distribution space under one roof with room to grow in the building’s balance.