IRVING, TX—A new location will serve as the corporate headquarters for The Michaels Companies Inc., a Fortune 1000 company that has been a fixture in Irving since 2002. Accesso has signed a lease with Michaels to occupy 123,740 square feet of space at Royal Ridge III within the Las Colinas submarket. It will be the property's sole tenant.

"Michaels has been an extremely valuable corporate citizen in our community for almost 20 years," says Rick Stopfer, Irving mayor. "Not only does the company provide quality jobs for our residents, but its focus on good stewardship, volunteerism and promoting opportunities for its workforce to be a part of the Irving community is invaluable. We look forward to continuing our strong partnership with the company and its team into the future."

Royal Ridge III is a class-A office property situated on John Carpenter Freeway which serves 119,000 cars per day. Located near the Dallas/Fort Worth International Airport and numerous flagship hotels, the building features 10-foot ceilings, large glass windows and collaborative work layout.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.