COPPELL, TX-With plans to consolidate and expand its local distribution operations, SP Richards Co. has leased 212,776 square feet in Duke Realty Corp.’s Freeport VII building. The office supplies and furniture distributor signed a long-term lease for the space at 631 South Royal Lane.

Currently, SP Richards occupies 130,324 square feet in two distribution facilities in Carrollton. The company leases 55,600 square feet in Duke’s Frankford Distribution Center II and also owns a 74,700-square-foot facility nearby.

The Freeport VII building will replace those two facilities and will also allow for an 82,450-square-foot expansion, according to Jeff Thornton, senior vice president of Duke Realty’s Dallas operations. “The Frankford lease was expiring, and consolidation is something SR Richards has been contemplating for a couple of years now,” he says, adding that the firm has been “busting at the seams.” “They felt the timing was right to make a move.”

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