Ultimate Electronics Inc., a leading specialty retailer of home entertainment and consumer electronics, has signed a lease for 84,986 square feet of industrial space at 1432 Wainwright Way, Frankford Distribution Center III, in Carrollton, TX. The 100% leased, 221,400-square-foot building was developed in 1996 and features 26 loading docks, heavy power, air lines, buss ducts, metal halide lighting, and skylights. Tom McCarthy and Sharon Morrison of The Staubach Co. represented the new tenant. Jeff Thornton of Duke Realty Corp. represented his firm, the building owner, in the lease transaction.