Transwestern Occupier Solutions Team Aids in Site Selection for New Location
Transwestern Real Estate Services (TRE) announces Rhythm Band Instruments LLC, a musical instrument and percussion product company for music educators, has signed a 39,000-square-foot lease with Saginaw DC Industrial Park at 923 Cook Lane. Expanding its footprint in the Fort Worth area by more than 5,000 square feet, Rhythm Band Instruments will relocate into this new, Class A, freestanding building from its previous location at 2051 Franklin Drive. Transwestern Occupier Solutions experts Todd Hawpe and Jeff Givens provide tenant advisory services for Rhythm Band Instruments.
“The new building offers Rhythm Band Instruments the space it needs to expand its offering and services to the music education community,” said Hawpe. “We are thrilled this property will allow Rhythm Band Instruments the opportunity to continue delivering elementary music classroom products to teachers across the world.”
Rhythm Band Instruments had been subleasing space in the area for the past few years when Transwestern’s Occupier Solutions team was engaged to help the company find a permanent home. After considering multiple options in the North Fort Worth submarket, the terms and functionality at 923 Cook Lane created a valuable opportunity for Rhythm Band Instruments.
According to Transwestern’s First-Quarter Industrial Report, strong demand and intelligent development has kept industrial vacancies at 7% or below during the last five years.
About Transwestern Real Estate Services
Transwestern Real Estate Services (TRE) adds value for investors, owners and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Occupier Solutions, Capital Markets, and Research & Investment Analytics.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. An integrated approach formed from fresh ideas drives value for clients across commercial real estate services, development, investment management and opportunistic programs for high-net-worth investors. The firm operates through 34 U.S. offices and global alliances with BNP Paribas Real Estate and Devencore. Learn more at transwestern.com and @Transwestern.
