Dealmakers aren't discussing the expansion, but GlobeSt.com has confirmed the term runs five years for 3901 W. Miller Rd. It's also been confirmed that the Chicago-based winner was pitted against ProLogis of Denver and Indianapolis-based Duke Realty Corp. in the final face-off. And, it's a safe bet that talks got particularly aggressive, given the slowdown in industrial leasing.

The Fossil lease, in fact, topped the submarket's second-quarter absorption by 13,407 sf, according to the latest stats from CB Richard Ellis. The most current vacancy reading is 10.4% for the 96.7 million sf of industrial and flex product in the northeast sector.

Fossil, headquartered in Richardson, TX, was represented by Jones Lang LaSalle/Staubauch executive vice president Sharon Morrison and associate Bill de la Chappelle. Dave Anderson, a CBRE executive vice president in Dallas, is First Industrial's point man for the spec building, which sits on 20.2 acres near Interstate 635 and North Central Expressway.