Colliers Announces the Lease of 8,650 Square Feet in Fairway Business Park

Houston, March 8, 2022 – Colliers is pleased to announce the lease of 8,650 square feet in Fairway Business Park located at 1501 Fairway Drive in Lewisville, Texas. The tenant, ARC Franchise Holdings DFW, was represented by Tommy Secules of Rubicon Representation. James Ewing of Colliers in Dallas and Tom Condon, Jr. of Colliers in Houston/The Woodlands represented the landlord, GDT Interests, in the transaction.

“We are pleased to land this tenant in our project and intrigued by their plans,” said Glynn Trahan, President of GDT Interests. “The new tenant will be operating a SHOOT360 franchise, which combines state-of-the-art interactive technology with practical basketball skill training and coaching.”

Fairway Business Park totals 25,150 square feet and is situated on 2.54 acres just east of Interstate 35 Expressway and north of DFW International Airport.

The property is located in Dallas/Fort Worth’s Lewisville industrial submarket. The submarket contains 31.6 million square feet of industrial space, which is currently 97.3 percent occupied. There is 3.4 million square feet of industrial space currently under construction in the submarket.

About Colliers International Group Inc.

Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 66 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. For more than 25 years, our experienced leadership with significant insider ownership has delivered compound annual investment returns of almost 20% for shareholders. With annualized revenues of $3.3 billion ($3.6 billion including affiliates) and $45 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.