Allen TX Industrial Lease for Jewelry Company completed by Brent Pennington | Metroport Commercial Group, eXp Commercial
Brent Pennington of Metroport Commercial Group represents a growing jewelry company in a 7,200 SF Allen, TX industrial flex lease combining warehouse and office space.
Allen, Texas Industrial Flex Lease Gives Growing Jewelry Company 7,200 SF for Expansion
Businesses searching for industrial flex space in Allen, Texas, often need a combination of warehouse capacity, shipping functionality and professional office space.
A growing fashion jewelry company secured that combination through a 7,200-square-foot lease on Prestige Circle. Brent Pennington, CCIM, of Metroport Commercial Group, eXp Commercial, represented the tenant, helping the company evaluate properties in McKinney and Allen before selecting a facility suited to its expanding operations.
Industrial Tenant Representation In Allen Tx Connects Property Selection With Business Needs
The company’s requirements went beyond finding a larger building. Its expanding inventory and shipping operations needed additional warehouse capacity, while its marketing and sales teams required dedicated office space.
Pennington evaluated available properties using proprietary brokerage databases, local market knowledge and direct communication with other brokers. An initial group of four to five potential properties led to three tours and second visits to two finalists.
The Allen Tx Prestige Circle facility addressed six principal requirements:
- Warehouse capacity: Additional space to accommodate inventory and support the company’s growing operations.
- Shipping functionality: Space for shipping activities within the same facility as the company’s other business functions.
- Dedicated offices: A higher proportion of office space than a traditional warehouse to accommodate marketing and sales personnel.
- Employee parking: Adequate parking to support the team working at the location.
- Rental value: Slightly more square footage than initially anticipated for approximately the same rent as some smaller alternatives.
- Expansion capacity: Room for the company to grow into the facility as its space requirements increase.
“Growing companies often reach a point where their real estate has to catch up with the business,” Pennington said. “This wasn’t simply a search for a larger warehouse. We needed a property that could support several parts of the company under one roof and give them room for what comes next.”
Location Summary: Prestige Circle Industrial Flex Space in Allen, Texas
- Prestige Circle location: The selected property is on Prestige Circle, east of U.S. 75 near East Bethany Drive and South Greenville Avenue in Allen. Its red-brick exterior and combination of office and warehouse accommodations provided the professional environment and operational space the tenant sought.
- McKinney and Allen search: The search initially focused on McKinney, where the company preferred to remain. Expanding the evaluation to Allen allowed the tenant to compare additional buildings against the same operational requirements.
- Office and warehouse balance: For this company, the distinction between traditional warehouse space and industrial flex space mattered. A building with insufficient offices would not adequately accommodate its marketing and sales teams.
- Inventory and shipping capacity: A property with insufficient warehouse capacity would limit its inventory and shipping functions. The selected location provided both components within one facility.
- Allen flex property options: Established flex and light industrial corridors in Allen can offer alternatives for businesses whose space requirements include a substantial office component. Individual properties vary, making building configuration, parking and usable warehouse capacity important considerations during a search.
- Property selection criteria: The Prestige Circle lease illustrates how evaluating neighboring markets can help a business identify a suitable facility. The decision reflected the property’s combination of space, configuration and rental cost.
Frequently Asked Questions About Allen, Texas Industrial Flex Space
What is industrial flex space in Allen, Texas?
Industrial flex space combines warehouse or light industrial areas with office accommodations. Depending on the property, it can serve businesses that need inventory storage, shipping operations and administrative or sales teams in one location. Office proportions and building capabilities vary.
Should a business compare warehouse space in McKinney and Allen, Texas?
Comparing both markets can broaden the available options when a business has specific requirements for warehouse capacity, offices, parking and rent. In this transaction, the company initially preferred McKinney but selected an Allen property after evaluating alternatives in both locations.
Who represents industrial tenants looking for warehouse and office space in Allen and McKinney?
Brent Pennington, CCIM, of Metroport Commercial Group, eXp Commercial, represents industrial tenants and buyers. He helps business owners evaluate properties against operational requirements and long-term objectives.
