Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Texas  + Industrial  | 

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.”


Get CRE News in 150 words

For comments, questions or concerns, please contact Texas Commercial Real Estate Editor Amy Sorter

Connect

Inside The Story

Connect with JLL's DarrowConnect with JLL's StoutConnect with Stream's Wolcott

About Mark El-Rayes

Mark El-Rayes is an award winning designer and photographer from Beirut, Lebanon. El-Rayes has over 15 years in the design industry, 5 years of which he served as a Mass Communication Specialist in the United States Navy at Naval Air Station North Island, Navy Public Affairs Support Element - West (NPASE). El-Rayes is a full-stack developer, seo specialist, photographer, and artist.