News
GSL Nabs High-End Build-to-Suit
October 8, 2014
GSL purchased two buildings totaling 53k SF at 14751 & 14805 Yorktown Plaza Dr from Adkisson Group. The property was a build-to-suit for Element Technologies, a material testing laboratory. CRC Real Estate's Richard Glass represented the seller; his teammate Fallon Hopper tells us the deal was challenging because the price/SF was over $150. (The large amount of office/lab space ran up the tab, and both buildings are 100% air conditioned.) But GSL was drawn to it because it's a new Class-A property with a 12-year lease in place. Stan Johnson Co's Brian Corriston repped the buyer.
