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