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Local Firm Claims Great Southwest Asset

ARLINGTON, TX-Advanced Rubber Molding buys expansion room after five months of looking--a 31,140-sf industrial building marketed for $37 per sf.

By Connie Gore | Updated on March 08, 2007

ARLINGTON, TX-Advanced Rubber Molding Inc., looking for expansion space for five months, has bought a long-dark 31,140-sf asset in the Great Southwest Industrial District. The asset had been on the market nearly 16 months for $1.15 million.

“We made a good deal,” says Walter Floyd, principal for NAI Huff Partners in Fort Worth. He tells GlobeSt.com that the company’s executive team plans to ramp up an expansion to its production line in two months in the 3521 E. Avenue E building. Floyd, teaming with NAI associate Ryan Wood, says the firm’s 109th Street location will stay intact.

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