Hilti to Occupy 65,000 SF Industrial Space in Metro Dallas

IRVING, TEXAS — Hilti Inc. has signed a lease to occupy space at Parc Royal, an industrial property located on West Royal Lane in Irving. Hilti, a supplier of specialized tools and fastening systems for the construction industry, will lease 65,000 square feet of industrial space in Building 4 with an anticipated occupancy date of June 1. The 30-acre, four-building, 511,600-square-foot industrial park, completed in December 2014, is located in the DFW Airport submarket. Blake Kendrick of Stream Realty Partners represented the landlord, Jackson-Shaw, while Forshey Hoobler with JLL represented Hilti. Jackson-Shaw partnered with GID Investment Advisor LLC, a Boston-based real estate investment company, to develop the property. Texas Capital Bank provided the construction financing for the project. Mycon General Contractor Inc. was the general contractor, and GSR Andrade Architects was the architect.