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10-Year Lease Locks Down 72,640 SF

FORT WORTH-VStructural LLC nearly triples its operating space and steps up to class A industrial space with its Dec. 1 shift to RiverPark Business Center.

By Connie Gore | Updated on September 17, 2008

FORT WORTH-VStructural LLC, looking to relocate and expand, has upsized to 72,640 sf of class A industrial space in a 10-year lease for RiverPark Business Center. The company, now in 25,000 sf, will move in Dec. 1.

VStructural, a Hanover, MD-based manufacturer of post tensioning and specialty reinforcement systems, has bumped occupancy to 91% in Granite Properties’ building A, a 145,400-sf front-park, rear-load design at 15600 Trinity Blvd. The occupancy boost has come just weeks before the Dallas-based developer delivers the park’s second building–a 355,328-sf cross-dock spec.

Mark Collins, a local broker with Cushman & Wakefield of Texas Inc., says VStructural’s search and negotiations lasted at least six months, with the hunt focused on the Great Southwest Industrial District from US Hwy. 360 north to CentrePort Business Park beside Dallas/Fort Worth International Airport. Up against stiff competition in the submarket, RiverPark won the nod because it meant “an improved image and allowed VStructural to consolidate and expand,” he says. “It’s a good corporate image with high visibility.” The company now occupies space in two buildings at 1609 109th St. in Grand Prairie.

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