Antech Diagnostics Inc Renews And Expands Lease At Royal Jetstar Tech Center In Irving, Texas

Antech Diagnostics Inc. has renewed and expanded its lease at the Royal Jetstar Tech Center in Irving, Texas. The veterinary diagnostic company has committed to a 10-year lease for 22,578 square feet of lab and office space. Antech Diagnostics Inc. has been a long-term tenant in the 92,051-square-foot property. As part of the lease agreement, the company plans to undertake a multimillion-dollar renovation of the additional 9,578 square feet it gained. Construction is set to commence soon, with an expected completion date in October. Located near Dallas/Fort Worth International Airport, the Royal Jetstar Tech Center has been fully leased since 2019. The property consists of 90% office space and 10% warehouse space with dock-high loading capabilities.

Summary of transaction details:

• Property Type: Office
• Transaction Date: 05/01/2023
• Address: 4040 W. Royal Lane, Irving, Texas
• Market: Irving
• Size: 22,578 square feet
• Landlord: Pre DFW Airport LLC
• Tenant: Antech Diagnostics Inc
• Landlord's Representative: Jason Finch & Michael W. Spain - Bradford Commercial Real Estate Services
• Tenant's Representative: Ryan Buchanan - CBRE
• Lease Terms: 10-year