COLLIERS ARRANGES TWO INDUSTRIAL LEASE RENEWALS

GRAND PRAIRIE AND PLANO, TEXAS — Colliers International has arranged two industrial lease renewals in Texas. In the first transaction, Atlanta-based Aaron Rents renewed its lease for 140,000 square feet of warehouse space at Heinz Way II, which is located at 901 Heinz Way in Grand Prairie. The company uses the space as its North Texas regional distribution hub. Noel Hutcheson, Larry Kell and Cash McWhorter with Colliers' Dallas office, along with Price Weaver and Ben Logue of the firm's Atlanta office, represented the tenant. Robert Allen of First Industrial Realty Trust provided in-house representation for the landlord. In the second transaction, Luminator renewed its lease for a 104,104-square-foot flex building at Plano Tech Center, which is located at 900 Klein in Plano. The single-story building contains 85,580 square feet of warehouse space and 18,500 square feet of office space. Jim Nelms and Scott Jessen of Colliers' Dallas office represented the tenant in lease negotiations. The landlord was represented by RREEF.