Zobele Group Leases 164K SF for North Texas Facility
Zobele Group inked a deal to take down 164,419 square feet for its first North Texas distribution facility at 3502 Regency Crest Dr. in Garland, TX. Zobele Group manufactures and distributes home cleaning, pest control and health care products, and plans to move into the space in Q2 2018.
Terry Darrow and Chris Stout with JLL represented the tenant in negotiations. Stream Realty Partners’ Ryan Wolcott advised the landlord, Stag Industrial, which is based in Boston, MA. Records show that Stag Industrial acquired the asset in 2015 for $7.6 million.
“Zobele is strategically placed to increase efficiency and client satisfaction with the addition of their new Dallas operation,” Darrow said. “The magnitude of growth we’ve seen locally and the long-term benefits of being centrally located were driving factors in establishing a definitive presence in North Texas. This hub will be an incredible benefit to their clients and the company.”
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