Furniture Manufacturer Signs 618,000 SF Industrial Lease at Spec Facility in Metro Dallas
CARROLLTON, TEXAS — Steelcase Inc., a manufacturer of furniture for the office, hospitality and education sectors, has signed a 618,000-square-foot industrial lease in the northern Dallas suburb of Carrollton. The company will occupy the entirety of the space at 1050 and 1150 Luna Road, a facility that Atlanta-based Core5 Industrial Partners built on a speculative basis. Mark Miller and Dave Peterson of NAI Robert Lynn, along with Arie Saloman of NAI Puget Sound negotiated the transaction on behalf of Steelcase. Rick Medinis and Tyson Erwin, also with NAI Robert Lynn, represented the landlord. Steelcase expects to assume occupancy of the new space, which features 32- to 36-foot clear heights and proximity to several major thoroughfares, this summer. Steelcase also plans to hire approximately 400 seasonal employees this year and recently acquired manufacturing space in Plano that was occupied by one of its competitors, Smith System Manufacturing Co.