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Owens & Minor Extends 220,000-SF Lease in Flower Mound

Duke Realty Retains Industrial Tenant at Lakeside Ranch
May 20, 2015
Owens & Minor renewed its 223,190-square-foot lease at Building 20 in the Lakeside Ranch Business Park in Flower Mound, TX.

The national medical and surgical supplies distributor originally took occupancy at the 748,831-square-foot distribution facility in 2010, according to CoStar information. The site provides Owens & Minor with easy highway access via I-635 and Highways 121 and 114. The property is also within four miles of DFW International Airport.

Duke Realty acquired the asset as part of a portfolio in late 2011. Located at 550 Lakeside Pky., the single-story facility is fully leased with HD Supply occupying the remaining 526,953 square feet. Two adjacent pad sites that were part of the original purchase will support a 324,000-square-foot front-load building and a 660,000-square-foot cross-docked building.

Jim Cooksey and Adam Faulk of Jackson & Cooksey represented Owens & Minor in the renewal, while Randy Wood, Duke Realty’s vice president of industrial leasing, negotiated on behalf of the landlord.
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