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41,485-SF Lease Trips Lights in New Project

COPPELL, TX-CSG Systems becomes the first tenant for the 162,650-sf Bethel Business Center. CSG inks the long-term lease just as it closes a three-year deal with Brink's.

By Connie Gore | Updated on August 26, 2008

COPPELL, TX-With the last block recently set in place, the 162,650-sf Bethel Business Center has won its first tenant–the publicly traded CSG Systems International Inc., which has just sealed two deals to reinforce its need for expansion. The long-term lease has roped off 41,485 sf.

The domino effect of CSG’s $39-million, all-cash buyout in May of Oxnard, CA-headquartered DataProse Inc. is a three-year contract, signed July 31, with Brink’s Home Security Inc., which has its office at 8880 Esters Blvd. in nearby Irving. The Brink’s pact was inked as talks moved to completion for class A office/warehouse space in the 82,650-sf building B at 1122 W. Bethel Rd.

“They really liked the proximity to Dallas/Fort Worth airport, 635, 114 and 121 [all local freeways],” says Blake Kendrick, senior associate for Stream Realty Partners LP of Dallas, who estimates the relocation will boost the CSG division’s working space by as much as 25%.

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