FORT WORTH, Texas (June 23, 2009) – Hillwood has completed two leases totaling 556,039 square feet with ATC Logistics & Electronics (ATCLE), which first opened in the development in 1994. ATCLE renewed its lease in the 375,000 square-foot Gateway 5 building that it has occupied since 2005, as well as the lease at the 181,039 square-foot Gateway 31 building the company has occupied since 2007.
ATCLE, which employs approximately 2,600 employees at Alliance, also leases the 413,508 square-foot Gateway 19 building. The company signed a long-term lease on that facility in 2007, when it expanded to occupy the entire building. All three ATCLE facilities are in the Fort Worth section of the Alliance Global Logistics Hub.
“ATCLE’s strategic location in the US high tech corridor, and expansive facilities at Alliance are essential to the ability to offer customers highly efficient and reliable service,” said Antony Francis, president of ATCLE. “It is a prime environment for operating in the electronics industry, and has been an advantage as we have evolved into an industry leader. We are very encouraged by our performance over the past 15 years, and consider Alliance an ideal area for additional growth.”
Now with a total of 969,547 square feet, ATCLE represents one of the largest overall expansions at the Alliance Global Logistics Hub. The company first opened at Alliance in 1994 with 40,536 square feet in the Commerce Center 4 building.
“With more than 29 million square feet and 200 customers already in place at the Alliance Global Logistics Hub, renewals with long-time industry-leading customers like ATCLE are a critical part of what Hillwood focuses on each day,” said Steve Aldrich, vice president of Hillwood Properties.
Ryan Keiser of CB Richard Ellis represented ATCLE. Aldrich represented Hillwood.
With these deals Hillwood already has leased 1.9 million square feet at the Alliance Global Logistics Hub this year. In 2008 the company leased 1.1 million square feet at Alliance.
The Alliance Global Logistics Hub is part of the 17,000-acre AllianceTexas development. In addition to the Alliance Global Logistics Hub, the development includes the Monterra Village apartment home community, Alliance Town Center, the corporate campuses and golf courses of Circle T Ranch, and the Heritage and Saratoga residential communities. More than 60 companies at AllianceTexas are ranked on the Fortune 500, Global 500 or Forbes List of Top Private Firms.
A division of Illinois-based ATC Technology Corporation (NASDAQ: ATAC), ATCLE is a premier provider of third party logistics (3PL) and supply chain services. The company specializes in forward logistics, reverse logistics, asset recovery, test & repair, kitting & packaging and value-added services for high-velocity, high-tech devices, in addition to other equipment and components. Industry focus includes wireless, broadband, electronics, medical, industrial and automotive. ATCLE’s knowledge, expertise, IT capabilities and 99.5 percent service and quality levels enable its customers to streamline supply chain efficiency and enhance growth and profit. With a customer roster including AT&T, GM, LG, Pantech and TomTom, ATCLE raises the standard for quality, service and performance. For more visit: http://www.atcle.com/.
Hillwood, (www.hillwood.com) a Perot company, is ranked as one of the top commercial real estate developers in the country and the top residential developer in Dallas-Fort Worth. The company’s developments currently house facilities for close to 90 companies listed on either the Fortune 500, Global 500 or Forbes List of Top Private firms. In addition to AllianceTexas, Hillwood is best known for its development of AllianceCalifornia near Los Angeles and the $420-million American Airlines Center and Victory district near downtown Dallas.
# # #