A trio of affiliated companies is relocating to Farmers Branch, leasing 51,000 square feet at 13995 Diplomat Drive, a 102,000-square-foot building off Stemmons Freeway that was built in 1999.
The companies—JMEG LP, JMMI Interests, and EAS Contracting—are coming out of space at 2941 Trade Center Drive in nearby Carrollton.
The deal takes the facility to 100 percent leased, said Blake Kendrick of Stream Realty Partners, who represented the landlord in the transaction. The property is owned by Hay & Jones Inc.
The Amend Group’s John Amend, B.D. Amend, and J.W. Amend represented the tenants in their search and lease negotiations. John Amend said the Farmers Branch building was an optimal solution, one that can accommodate the companies’ growth and continued success.
About 82 administrative employees will take occupancy of the new space in late fall 2012. The companies also have about 600 field personnel in North Texas and more than 1,000 employees statewide.
Here is more information on the parties involved, taken from an Amend Group press release:
• JMEG and EAS have been providing electrical construction services for more than 35 years. With annual revenue exceeding $150 million, the companies have established offices in Dallas, Fort Worth, Austin, San Antonio, and Houston, delivering services throughout Texas and the Southwest.
• Hay & Jones Inc. is an engaged owner, operator of industrial office/services/showroom and office/flex properties in the Dallas area. Since 1975, the company has acquired or developed about 25 projects, ranging in value from $1 million to $10 million.
• The Amend Group is a fully integrated real estate company providing tenant representation brokerage, project management, design management, and construction services. The firm’s unique business model combines site selection, programming, design, estimating, scheduling, and construction with overall project management into an integrated and parallel process, allowing for the proper determination of complex business decisions.
• Stream Realty Partners LP is a national real estate services, development, and investment firm based in Dallas. It leases and manages more than 85 million square feet of office, industrial, and retail properties throughout Texas, the Southeast and the West Coast. Founded in 1996, Stream Realty has grown from two partners to more than 400 real estate professionals.