7,200 SF Industrial Flex Lease on Prestige Circle in Allen, Texas

By Brent Pennington, CCIM, ALC | Industrial Tenant Representation | Metroport Commercial Group, eXp Commercial

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Metroport Commercial Group represented a growing fashion jewelry company in a 7,200-square-foot industrial flex lease on Prestige Circle in Allen, Texas, completed in October 2026. The company needed warehouse space, a shipping area and dedicated offices under one roof, and its search started in McKinney before widening to Allen. The deal shows how measuring buildings against a fixed list of operating requirements, in more than one city, produces a better fit than searching one city by default.

The Situation

The tenant is a fashion jewelry company in growth mode. Its inventory, shipping, marketing and sales functions had all outgrown the current space, and it needed a location that could hold every operating department together.

The company wanted to stay in McKinney or Allen. Both markets are convenient for the existing staff, and both have a strong employee pool for a growing team. The owners also wanted to move quickly. The assignment was not only to find a larger warehouse. It was to find a building that could support several parts of the business at once.

The Challenge

Industrial flex space is difficult to find outside the small micro-building category. A few options existed in the McKinney and Allen area, but only one building met every requirement the company had set.

The requirements were specific:

• Warehouse capacity for growing inventory
• Shipping functionality inside the same facility as the rest of the business
• Dedicated offices in a higher proportion than a traditional warehouse, for the marketing and sales teams
• Employee parking sufficient for the team on site
• Rent in line with the alternatives
• Room to expand as space needs increase

A second obstacle was access. Smaller tenants often struggle to get the attention of industrial brokers who are busy with large projects, and a smaller requirement can be slow to get a response.

The Strategy

We treated the assignment as a fit exercise against a fixed checklist, not a general property search, and we moved on it right away.

• Drew on working knowledge of the available spaces in McKinney and Allen at the required square footage
• Used proprietary brokerage databases and direct conversations with the brokers who lease the product
• Built a short list of four to five properties and discussed the pros and cons of each with the tenant before touring
• Toured three properties, then made second visits to the two finalists
• Compared every building against the same six requirements, because rates in McKinney and Allen are fairly consistent and rent was not the deciding factor

Viable options were in front of the tenant within days. That speed matters in a tight market.

The Location

The search began in McKinney, where the company preferred to stay. Adding Allen let the tenant compare more buildings against the same operating requirements. The Prestige Circle building in Allen came out ahead.

Prestige Circle Flex Building Overview

• 7,200 square feet of combined office and warehouse space
• Located on Prestige Circle, east of U.S. 75 near East Bethany Drive and South Greenville Avenue
• Professional red-brick exterior and a professional office presence
• Employee parking suited to the tenant’s team
• Slightly more space than the tenant first expected, at about the same rent as some smaller alternatives
• Room for the company to grow into the building

A flex building with too little office space would not have worked for this tenant, and neither would one with too little warehouse capacity. The balance between the two was the deciding factor.

The Results

• 7,200 SF industrial flex lease completed in Allen, Texas, in October 2026
• Warehouse, shipping and office functions combined in one facility
• Dedicated office space for the marketing and sales teams
• Parking for the team and room to expand
• More space than first expected for about the same rent as smaller options
• Viable options delivered within days, three tours and two second visits to reach the decision

A search that began in McKinney ended in Allen, and the company gained a building that supports its current operations and the growth ahead.

Why This Matters

For Growing Tenants

• Judge flex space by the balance of office and warehouse, not by total square footage alone
• Search the neighboring market with the same checklist. A preferred city is a starting point, not a filter
• Choose a representative who responds quickly. A smaller requirement should get the same attention as a large one

For Industrial Property Owners

• Buildings with a meaningful office component, adequate parking and expansion room match what growing companies are searching for
• The market is tight, and many landlords are willing to make the modifications a tenant needs. Flexibility helps a space lease sooner

Flex buildings that fit how a business operates lease faster than buildings that only match a square footage number.

The Takeaway

• Square footage is easy to compare. The office-to-warehouse balance is what makes flex space work.
• A preferred city should not limit the search. Compare McKinney and Allen against the same requirements.
• Speed and local product knowledge count for the most when the market is tight.
• Many landlords will make reasonable modifications, so ask before ruling a building out.

Frequently Asked Questions (FAQ)

What is industrial flex space in Allen, Texas?

Industrial flex space combines warehouse or light industrial areas with office space in one building. It suits businesses that store inventory, ship product and house administrative or sales teams in the same location. The share of office space varies by building but usually it is greater than a normal small bay industrial building.

Is flex space hard to find in Allen and McKinney?

Yes, outside the small micro-building category. In this search only a few options existed at the required size, and one met every requirement. The market is tight, so a prepared requirements list and a quick response help.

Should a business search McKinney and Allen together?

Often, yes. Rates in the two markets are fairly consistent, so building fit tends to decide the outcome. In this transaction the tenant started with McKinney and leased in Allen after comparing both.

What should a tenant check before leasing flex space?

Check the proportion of office to warehouse, usable warehouse capacity, shipping access, employee parking and room to expand. A building that falls short on any one of these can limit the business after move-in.

Will landlords modify a space for a tenant?

In our experience, many landlords will make necessary modifications to accommodate a tenant, even in a tight market. A tenant representative can raise those requests early, before a building is ruled out.

Brent Pennington, CCIM, ALC

Advisor, Senior Vice President

Metroport Commercial Group, eXp Commercial

1720 Bray Central Drive, Ste 100, McKinney, TX 75069

Phone: 817-999-8266

Email: brent@metroportcommercial.com

Website: www.metroportcre.com