HQ Tenant Bumps Alliance Lease to 45,484 SF

FORT WORTH-With eight months to go on its lease, DigiSource International has re-upped 18,725 sf and rolled in another 26,769 sf in a fast-paced, one-month round of negotiations. The three-year tenant in AllianceTexas has inked a headquarters deal that runs at least five years.

“They did look around, but they’re a supplier to the cell phone industry and they have partners here,” Tony Creme, marketing manager for the locally based Hillwood, tells GlobeSt.com. “So, the Alliance location makes a lot of sense for them.” The primary criteria, he says, was staying in a Foreign Trade Zone, which drove the deal into a competition between AllianceTexas against Dallas/Fort Worth International Airport. DigiSource ended the hunt by taking down an abutting vacant spot in Alliance Gateway 15 at 4800 Alliance Gateway Freeway.

DigiSource’s lease has pushed the 74,000-sf flex building to 60% occupancy. The logistics provider will move into the extra room at month’s end, picking up 6,000 sf of added office area in practically ready-to-go space. Creme says the other distinct advantage to staying put is the expansion room came with all the infrastructure bells and whistles for a production facility, including 100% air conditioning, thanks to its former tenant, Nokia Corp. Hillwood’s quote on the flex space isn’t available, but comparable space in the northeastern Tarrant County pocket hovers $6 per sf.

DigiSource plans to add 120 jobs for a total of 400 in the region as it transitions from being a primary supplier of printed materials for the cell phone industry to logistics. Todd Burnette and David Walters in the Fort Worth office for Staubach Co. represented DigiSource.