Dallas – Transwestern today announced that it has negotiated a 40,243-square-foot industrial lease for CFC Print Solutions at the Post & Paddock building in Grand Prairie. The company is nearly tripling its industrial space, relocating from its current 14,484-square-foot facility at 1555 Ave S in Grand Prairie. The new centralized headquarters will allow CFC to better serve its clients across the country with average turn times of 1.8 days and delivery anywhere in the country inside two business days.
In its five year history, CFC Print Solutions has experienced 482 percent growth and has been recognized by INC. Magazine as one of the 500 fastest growing independently owned companies in the U.S. CFC currently employs 50 team members locally and is planning to increase that number to more than 100 within the next five years. The company specializes in national short-run and long-run trade-only business document printing, including digital, mail fulfillment, financial and small business transactional.
The Great Southwest industrial market continues to improve with another quarter of positive absorption. While vacancy may be officially +/- 10 percent, when the functionally obsolete product is removed the vacancy is far left. For this reason, face and effective rates are seeing an increase and multiple developers are commencing speculative development in the industrial park.
Jim Hazard and Brad Struck, vice presidents with Transwestern, negotiated the lease on behalf of CFC. Gil Stroube with Lincoln Property Company represented the building owner, Invesco.
ABOUT TRANSWESTERN
Transwestern is a privately held real estate firm specializing in agency leasing, property and facilities management, tenant advisory, capital markets, development, research and sustainability. The fully integrated enterprise leverages competencies in office, industrial, retail, multifamily and healthcare properties to add value for investors, owners and occupiers of real estate. Transwestern facilitates better decision-making for clients by combining penetrating local market intelligence and macro-market research through its affiliate, Delta Associates. Transwestern has 33 U.S. offices and assists clients through more than 180 offices in 36 countries as part of a strategic alliance with Paris-based BNP Paribas Real Estate. For more information, please visit www.transwestern.net and follow us on Twitter: @Transwestern. Follow Transwestern’s Dallas office on Twitter: @TranswesternDLS.
ABOUT CFC PRINT SOLUTIONS
CFC Print Solutions is a privately held wholesale provider of printed business documents strategically and centrally located in Grand Prairie, Texas. Recognized by its national industry association in 2011 as the fastest growing trade printer and Inc. Magazine's September 2012 issue as one of the 500 fastest growing privately owned companies in the United States, CFC Print Solutions has leveraged technology and strategic vendor alliances that in turn allow the company to expedite product faster than anyone within their respective industry.