Monday, February 09, 2015

ECS International buys its Fort Worth headquarters building

5500 E
The two-story office building fronts Loop 820 in southeast Fort Worth.
ECS International Inc., which specializes in surge suppression devices, has acquired its headquarters building in southeast Fort Worth, buying the multitenant building at 5500 E. Loop 820 upon learning it was for sale.

Terms of the acquisition was undisclosed.

The two-story, 17,766-square-foot building, called 5500 Centre, on 1.2 acres has been the company's headquarters since October 2013. The acquisition gives the company the ability to plan for long-term corporate growth, said Beaux Riley, a broker with Coldwell Banker Commercial Alliance DFW.
"5500 Centre is in excellent condition and has unobstructed freeway exposure," Riley added.

The Class B office building is 98 percent leased with 13 office tenants. Dallas-Fort Worth has seen a growing amount of investor interest as its investment grade continues to improve

Candace Carlisle, Dallas Business Journal