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Re: Texan77 post# 97

Monday, 01/19/2009 3:51:32 AM

Monday, January 19, 2009 3:51:32 AM

Post# of 220
January 16, 2009 E-mail this article
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Written by Laurie Forbes


American Home Mortgage Takes 182,700 SF in Dallas Area
Banking Company Relocates HQ to Duke's Spec Office Bldg. in Coppell

American Home Mortgage Servicing Inc., a residential banking company, signed a 182,700-square-foot lease to fully occupy Point West I, a spec office building Duke Realty Corp. developed last year in Coppell, TX.

AHMSI is in growth mode and was looking to relocate its headquarters, consolidate operations and add new employees. It had outgrown the space it occupied at 4600 Regent Blvd., a 79,810-square-foot office property in Irving.

The mortgage company will house more than 1,200 existing and new employees at Duke's three-story office building at 1525 S. Belt Line Road, about 20 miles northwest of Dallas.

“The lease of Point West I is one of the largest leases of speculative office space in this market and we are grateful for everyone’s efforts in finalizing the deal,” said Ben Appleby, a leasing representative with Duke, who along with Dale Ray and Joel Pustmueller of Peloton Realty Partners represented the landlord.

Bo Bond and Forshey Hoobler of Jones Lang LaSalle represented AHMSI.

http://www.costar.com/News/Article.aspx?id=345A6D03BEEDC4970824E5F6CCCA622F

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