Experian Renews Its Facility Lease in Allen

The Allen Economic Development Corporation (AEDC) and Experian® (LON: EXPN), a global information services company, have announced a 10-year renewal lease of Experian’s Enterprise Business Park facility in Allen, Texas. Experian, one of the first companies to locate to Allen in 1993, is the city’s largest private employer.

“This is a great win for our economic development efforts in Allen,” said Robert Winningham, Executive Director of the AEDC. “Experian has agreed to maintain a significant capital investment in our community. Equally important, this will keep jobs here in Allen that will enhance our sales tax base, and these dollars will be reinvested in economic and community development.”

The AEDC worked with Experian executives to secure a 10-year lease renewal for its 300,000 square foot complex in Allen’s Technology District. Experian has several business units based in the facility including the National Consumer Assistance Center (NCAC), as well as the Decision Analytics, Information Technology, and Public Education groups.

“Experian has been an integral part of our community for 15 years,” said Allen Mayor Steve Terrell. “With more than 600 employees, Experian has contributed countless hours in service to this community from serving on community boards, to involvement with the Chamber of Commerce, as well as with the arts and human services. We are grateful to have Experian renew its commitment in Allen.”

“This long-term agreement demonstrates Experian’s commitment and willingness to invest in the Allen community,” said Maxine Sweet, vice president of Public Education for Experian. “Millions of consumers are affected by the work that our employees do here in Allen, especially through our National Consumer Assistance Center. Experian and its employees have been an integral part of the community during the last 15 years and we are pleased to call Allen home for the next 10 years.”


 

About Experian

Experian is a global leader in providing information, analytical and marketing services to organizations and consumers to help manage the risk and reward of commercial and financial decisions.

Combining its unique information tools and deep understanding of individuals, markets and economies, Experian partners with organizations around the world to establish and strengthen customer relationships and provide their businesses with competitive advantage.

For consumers, Experian delivers critical information that enables them to make financial and purchasing decisions with greater control and confidence. Clients include organizations from financial services, retail and catalog, telecommunications, utilities, media, insurance, automotive, leisure, e-commerce, manufacturing, property and government sectors.

Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Experian has corporate headquarters in Dublin, Ireland, and has operational headquarters in Costa Mesa, Calif., and Nottingham, UK. The Group employs approximately 15,500 people in 38 countries worldwide, supporting clients in more than 65 countries around the world. Continuing sales for the year ended March 31, 2008, were in excess of $4 billion.

For more information, visit www.experianplc.com.

Amphenol Fiber Systems Stays in Allen

Amphenol Fiber Systems International (AFSI) has renewed its lease to maintain headquarters in Allen at 1300 Central Expressway North. The company is a global leader in the design, development and manufacturing of fiber optic systems and products that perform in harsh and demanding operating environments. AFSI occupies 50,000 square feet of space in the Cornerstone Crossing building at Exchange & US 75 and employs 140 individuals. The company has grown by approximately 20% annually since it initially located to Allen in 2002.

“Allen provides a great environment and allows us to attract the highly skilled workforce we need. With the assistance of the AEDC, we were able to put the pieces together to maintain our facility in Allen,” said Bill Guernsey, General Manager of Amphenol Fiber Systems.

“Amphenol represents the quality company we strive to attract to Allen,” said Allen Mayor Steve Terrell. “They bring high-paying jobs for our highly skilled workforce, as well as significant capital investment that enhances our ad valorem tax base.”

AFSI provides solutions for communication systems based in fiber optic technology and its products set the global standards in the military marketplace. Its products are also utilized in the geophysical, avionics and broadcast industries.

Mike Kay of CB Richard Ellis represented the tenant, and Susan Singer of Bradford Companies represented the landlord in the transaction.

Graphic Converting Brings Operations to Allen

Graphic Converting, Inc. is moving their manufacturing operations to Allen into a 120,000 square-foot facility located at 300 E. Bethany Drive. Founded in 1976, Graphic Converting is an industry leader in the production and distribution of trading cards collectible game cards. The company will consolidate manufacturing operations and relocate their corporate headquarters to the Allen facility. They will create 100 full-time employment positions and 500 temporary employment positions.

“We chose Allen to be in closer proximity to RCL Enterprises/Color Dynamics, who we recently selected to meet our printing volume requirements,” said Joe Yaney, CFO of Graphic Converting. Additionally, the Allen area will enable us to attract and retain a quality workforce.”

The California-based company was considering relocation in order to be closer to their printer. Security issues are an important consideration for Graphic Converting since they produce cards that have a high collector value. In order to accommodate their needs, RCL needed to expand their printing capacity by adding additional equipment and 14 new employees.

Chuck Chalifoux, President of RCL Enterprises brought the Graphic Converting project to the attention of the Allen Economic Development Corporation (AEDC) to facilitate the relocation of Graphic Converting to Allen.

“In addition to our multi-million dollar investment in capital equipment, the space that Graphic Converting is leasing required extensive upgrades, including adding air-conditioning to most of the space as well as adding parking spaces,” said Chalifoux. “The AEDC worked closely with everyone involved to make this deal happen.”

This is a triple-play for Allen,” said Robert Winningham, AEDC Executive Director. “Not only did we fill a warehouse space that had been vacant since 2003, but we facilitated the expansion of an existing company in Allen and brought a new player to our business lineup.” Graphic Converting will complete the move into the new facility in early fall 2007.

George Tanghongs and Susan Singer with Bradford Companies represented building owner and Graphic Converting in this transaction.

Duke To Start New Office Development Allen, Texas

Proposed building will bring first Class “A” office product to rapidly growing area

Duke Realty Corporation has announced that it is acquiring 7.74 acres from the Allen Economic Development Corporation (AEDC) to develop a new 5-story, 150,000-square-foot Class “A” office building. Duke will break ground on the building, One Allen Center, this summer with anticipated completion in September 2007.

Located on the northwest corner of Bethany Drive and fronting US 75 Central Expressway, One Allen Center will be the first Class “A” office project in Allen Central Park, a 38-acre master-planned office development.

“The City of Allen’s vision has been to develop this property into a Class ‘A’ corporate office park,” said Charisse Bodisch, AEDC Executive Director. “By partnering with Duke Realty who is a proven leader in the Dallas-Ft. Worth market, this vision will now become reality and will provide much needed space in Allen to meet the growing demand.”

Duke’s 9-million-square-foot Dallas-Fort Worth portfolio is 95% leased and the company controls another 250 acres of land for future office and industrial projects. For the second straight year, Duke has been named “Developer of the Year” by the North Texas chapter of the National Association of Office and Industrial Properties (NAIOP).

“Jeff Turner and Blair Oden brought the expertise and credentials the AEDC required to make this a viable project,” said Kurt Kizer, president of the AEDC Board of Directors. “We anticipate this will be just the first phase of a multi-phase project in this strategically located park.”

Peter Vargas, Allen City Manager, said the recruitment of Class “A” office development has been a key goal in the Allen City Council strategic plan. “We think this is a ripe market for that type of use. With Duke’s success, we should see additional interest for that type of office development in the future,” said Vargas.

Allen is located in the North US 75 corridor, an area that is experiencing a huge wave of growth and activity. Duke is confident that this new development will fill a much-needed niche in Allen created by long commutes for area residents, increased activity in build-to-suit projects and the fact that 9 of the last 11 quarters the Richardson/Plano submarket have experienced positive absorption.

“This is a very exciting opportunity and project for us,” said Jeff Turner, Duke’s Senior Vice President, Dallas Operations. “Allen is directly in the path of growth and fits perfectly into our strategy of providing premiere suburban office developments on the outer edges of Dallas. We have been extremely impressed by all of the help and support we have received from the City of Allen and the Allen Economic Development Corporation. Charisse Bodisch and Kurt Kizer have been a pleasure to work with, along with the mayor’s office and the entire board. They are all completely committed to helping us deliver a first-class building.

“This new project will also give tenants and employees that live in the Northeast 121/75 Corridor a choice of doing business closer to home, spending less commute time on congested highways and more time at home with their families and friends. One Allen Center will fit that bill,” Turner continued.

Duke will also market the adjacent 31 acres of land in Allen Central Park for potential build-to-suit requirements. “We anticipate the interest in this building will be high from day one. There is not another Class ‘A’ building available in Allen,” said Blair Oden, Vice President of Duke’s Dallas Office Group. “With the expansion of both State Highway 190 and US-75 complete and the State Highway 121 expansion scheduled for 2010, One Allen Center will be perfectly situated to meet the office needs of our current and future customers in Allen. Better yet, we will be offering the most aggressive lease rates in the Metroplex for a new Class ‘A’ building.”

Designed by BOKA Powell Architects, One Allen Center will feature efficient 30,000 square foot floor plates, dual-feed electric power from separate substations and a fiber optic sonet ring in addition to an abundance of high-end retail amenities within walking distance. The project includes structured parking and extensive landscaping in a park-like setting.


 

About Duke Realty Corporation

Duke Realty Corporation specializes in the ownership, construction, development, leasing and management of office, industrial, medical office and retail real estate. It is the largest publicly-traded, vertically-integrated office/industrial real estate company in the United States. The Company owns, manages or has under development more than 112 million square feet in 19 major U.S. cities. Duke, which controls 5,000 acres of land for 73 million square feet of future development, also provides nationwide real estate solutions through its national development division.

Atlas Copco Moves International Distribution Center to Allen

Atlas Copco Drilling Solutions (OMX:ATCO A, ATCO B), an international supplier of drilling equipment is relocating its distribution operations to Allen. The company has leased approximately 81,000 square feet of space for an international distribution center at 815 Enterprise in Allen’s Enterprise Business Park. Atlas Copco manufactures and distributes drilling equipment and consumables for the surface mining and construction markets, as well as waterwell, aggregate/quarry, oil and gas markets.

“This new location offers Atlas Copco excellent access to transportation routes, improving our efficiency and allowing our distribution center to support our customers in the Americas,” stated Ian Hale, Vice-President-Aftermarket for Atlas Copco. “With our plans to significantly increase our labor force over the next five years, this facility will accommodate our expansion.”

Atlas anticipates opening the new location in May with approximately 50 fulltime employees. The Allen Economic Development Corporation (AEDC) worked with the company to facilitate the expansion of their operations into Allen.

“Atlas Copco is an internationally recognized company that is well established in their field. Their move into this distribution space will add to the diversification of Allen’s industrial base,” stated Charisse Bodisch, AEDC Executive Director. “We look forward to working with them as they grow in our community.”

Atlas Copco, having been in business since 1871, has operations worldwide. Acquiring this division from Ingersoll Rand in 2004 added over 950 people worldwide. Currently, Drilling Solutions has manufacturing and distribution in Garland, TX; Roanoke VA; Yokohama, Japan; Xuanhua, China and Pune, India. They will maintain their Garland location.

Dan Spika, Henry S. Miller Commercial represented Atlas Copco and David Hicks, ProLogis, represented the building owner/landlord in the transaction.

ACH Direct Relocates Corporate Office to Allen

ACH Direct, Inc., a leading technology provider of Automated Clearing House, credit card and debit card payments processing and risk management services, today announced completion of the relocation of its corporate offices from Cathedral City, CA to Allen, TX. The new 20,000 square foot facility currently houses 40 employees and a state-of-the-art processing center.

Jack Henry & Associates Expands in Allen

Jack Henry & Associates, Inc. (NASDAQ:JKHY) has purchased 1025 Central Expressway South, on the northeast corner of Ridgemont Drive and US 75, in Enterprise Business Park, to further their presence in Allen. The company, which provides technology solutions to the financial industry, is located at 1021 Central Expressway (adjacent to the north of the newly acquired building). In 1998 Jack Henry, headquartered in Monett, Missouri, acquired the Peerless Group in Allen and has continued to expand operations here and across the country. The company was recognized by the AEDC in 2002 as the winner of the Millennium Business Award in the National/Corporate Category.

“Through organic growth as well as acquisitions, we are a rapidly growing company, with almost 300 employees in Allen,” said David Foss, General Manager of Acquired Companies for Jack Henry. The company recently acquired Select Payment of Irving, TX and will be moving those employees to the Allen campus in October. Select Payment turns checks into ACH transactions, which make funds immediately available to the vendor and replaces manual, paper-based processes.

Jack Henry employees will occupy the second floor of the building at 1025 Central while Micron Technology will continue to occupy the ground floor. Dave Noble and Randy Shipman, Trammell Crow Company, represented Jack Henry and the owner of 1025 Central Expressway in the transaction.

Advanced Optical Components Locates to Allen

Advanced Optical Components, a division of Finisar (NASDAQ: FNSR) has leased 162,200 square feet of space at 600 Millennium Drive in Allen’s Millennium Technology Park. The fiber optics component company has experienced robust growth and will have at least 150 employees at the Allen location. Advanced Optical Components is a world-leading supplier of key optical components known as Vertical Cavity Surface Emitting Lasers (VCSELs) and Detectors. These are used in high-speed communication and data storage/retrieval equipment for banks, universities, industrial campuses and hospitals.

“This facility is ideally suited for our operation,” said Danny Schoening, Vice President of Operations for Advanced Optical. “Allen provides excellent access to the skilled talent we need to continue to grow and maintain our competitive edge.”

Advanced Optical was founded in Richardson as Spectronics in 1971. It was purchased by Honeywell in 1978 and was acquired by Finisar, headquartered in Sunnyvale, CA, in March 2004.

FSI International, which located to Allen in 1997, will continue to occupy 45,000 square feet of space in the building. The Allen Economic Development Corporation (AEDC) was instrumental in recruiting Advanced Optical Components to Allen. “This is a double-win for Allen,” stated Charisse Canfield, AEDC Executive Director. “With Advanced Optical, we add another quality company to our community and retain FSI, one of the very first companies to locate here.”

Brant Landry, Jeff Ellerman and John Gates from the Staubach Company handled lease negotiations for Advanced Optical Components. Tom McCarthy from Staubach represented FSI International.

Development of Twin Creeks Medical Center

JaRyCo Development, LLC announces the development of a three-building, medical office complex at Twin Creeks Medical Center in Allen, Texas. The initial building, Twin Creeks Medical Center One, a two-story, 36,000 square foot building is located in close proximity to Presbyterian Hospital of Allen providing convenient access for physicians in the building.

Twin Creeks Medical Center One is designed for small to mid-sized medical tenants desiring a Class A office environment in a building specifically designed for medical professionals. A two-story atrium lobby, special electrical and mechanical capacities for medical users, state-of-the- art life safety systems and high speed internet communications are several of the building’s features. The three building complex will ultimately contain in excess of 100,000 square feet and surround a landscaped garden courtyard as an amenity to patients and medical professionals alike.

“We completed our first project in Allen, The Atrium at 1333 McDermott, last year. The project is currently 90% leased and we saw a significant amount of medical interest during the lease up of this project,” indicated Bruce Heller, President of JaRyCo Development, LLC. “We felt the demand for a high quality building designed specifically for medical professionals in Allen is definitely very strong.”

Twin Creeks Medical Center One is designed for tenants who wish to lease their medical space. Twin Creeks Medical Center Two (the second building planned) will provide an opportunity for medical professionals to purchase office condominium interest in the building and build equity with their facilities. “We not only have strong interest from leasing tenants for Twin Creeks Medical Center One,” stated John Waller, leasing agent with Transwestern Property Services, “but also have interest from several doctors regarding condominium ownership for Twin Creeks Medical Center Two.”

“The $5 million project is set to start construction this summer with construction to be completed by year end,” stated Charisse Reaume, Executive Director of Allen Economic Development Corp. “It will complement Allen’s growing medical community and help fulfill the demand for medical space in the area.”

JaRyCo Development was formed in 2001 and specializes in development projects specifically designed for small to mid-sized tenants. While the company currently has a number of projects in various cities throughout the state, emphasis has been placed on high quality development in JaRyCo’s home town of Allen, Texas. “We not only enjoy developing our projects in Allen, but also enjoy being an integral part of the community in many ways,” stated Heller.

Fiber Systems International Locating to Allen

Fiber Systems International, a world-class, engineering based company focused on the development and manufacturing of fiber optic connectors, cable assemblies, and interconnect technology systems for commercial and military applications, has opened operations in Allen, Texas.

The company has leased 50,000 square feet in the Cornerstone Crossing building in Allen, on the northeast corner of US 75 and Exchange Parkway. The facility houses their headquarters and manufacturing operations with over 80 full-time employees.

“Recognized for it’s global leadership and excellence in fiber optic interconnect technologies for the military, industrial, broadcast and telecommunications markets, Fiber Systems is a welcome addition to Allen’s business community,” noted Charisse Reaume, Executive Director, Allen Economic Development Corporation.

Fiber Systems is continuously developing new products in order to accommodate the high fiber counts the commercial telephony market employs.

The company manufactures Tactical Fiber Optic Cable Assembly (TFOCA) connectors that facilitate high-speed communications between strategic military operations around the globe. These connectors are also an integral part of the technology used by broadcasters to bring enhanced replay “Eye Vision” to viewers of the NCAA Final Four basketball and PGA tournaments. Fiber Systems has developed patented technology used exclusively by all US ground based forces.

“We are very pleased and excited about moving our corporate headquarters to the elite technology corridor of Allen, Texas”, said Daniel Roehrs, President and CEO of Fiber Systems International, Inc.

Mike McCartan of Mark V Commercial Real Estate handled the lease negotiations for the building owner. Adam Faulk of Jackson-Cooksey represented Fiber Systems.