RICHARDSON - American Contractors Insurance Group has leased a 27,000-sf space in the Tower 2600 office building on North Central Expy. near Renner Rd. in Richardson’s Telecom Corridor.
The company’s current offices since 1987 have been in the Four Forest Plaza tower on Merit Dr. near Forest Lane and North Central Expressway in Dallas.
With the new lease, only about 6,000 sf of empty space is left in the building.
The nine-story office tower was built in 2000 and is owned by a partnership headed by real estate investor Champion Partners. Other office tenants in the building include Safety Kleen Services Inc. and AT&T.
The Telecom Corridor has been one of North Texas’ busiest office markets during the last year. Office occupancies in the area rose by more than 500,000 sf last year.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.