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Acme Furniture Taking 103,662 SF for Inroad

FORT WORTH-The City of Industry, CA-based wholesaler becomes the first tenant at RiverPark Building B, inking a seven-year lease for its sixth distribution center in the US.

By Connie Gore | Updated on November 04, 2008

FORT WORTH-Losing no time on the decision, Acme Furniture Industry Inc. has set up a market inroad with a seven-year lease for 103,662 square feet or roughly one-third of a newly delivered building in RiverPark Business Center. The City of Industry, CA-based wholesaler is planning to light the distribution space in early January.

Brad Larson, senior associate with Dallas-based Partners National, tells GlobeSt.com that the search began in mid-August and was quickly narrowed to Granite Properties’ RiverPark Building B at 15124 Grand River Rd. The deal was signed shortly before the 355,328-square-foot cross-dock delivered, putting Acme into the limelight as the spec’s first tenant.

Granite initially was up against two other building owners in the Upper Great Southwest Industrial District. “After we toured, they really zeroed in on this building,” says Larson, who teamed with Partners National CEO Kane Dossett to find Acme’s new distribution site. “It seemed to be a right fit from the location and image standpoint.” He says the cross-dock’s new construction and room to expand also weighed on the decision, which produced a lease with two bumps over the term.

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