FORT WORTH, TX-LG Electronics has relocated its cell phone repair business from Alabama to its existing facility at AllianceTexas and will add 65 fulltime workers and as many as 300 seasonal employees to its local operations.
To accommodate the consolidation, LG Electronics leased an additional 66,433 square feet from Hillwood in the Commerce Center 4 building, which is part of the 17,000-acre AllianceTexas development. The space had been vacant for several months, according to Steve Aldrich, vice president of Hillwood Properties who brokered the deal on behalf of the landlord. Seth Kelly and Ryan Keiser of CB Richard Ellis represented LG Electronics.
With the expanded lease, LG Electronics now occupies the entire 165,402 square-foot building, which is located at 2153 Eagle Pkwy. The company originally moved to the Alliance Global Logistics Hub in 2005 when it leased 98,969 square feet in the Commerce Center 4 building.
Aldrich tells GlobeSt. that as many as four LG Electronics’ suppliers have followed the company’s cell phone repair unit from Alabama to the Metroplex. These suppliers are in the process of looking for space near LG Electronics’ consolidated facility.
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