TexAmericas Center’s Board of Directors approved a lease for a new tenant, 4X Industrial, LLC, and a lease modification for THTS, INC., at its board meeting on Tuesday, February 27th. 4X Industrial, LLC, headquartered in Greeley, Colorado, will occupy 1,400 square feet of office space and two acres of hardstand on TexAmericas Center’s East Campus. The lease commenced on March 1, 2018.
THTS, INC., headquartered in Texarkana, Texas, is an existing tenant leasing office space and ground on the TAC East campus. The current leased office space is approximately 7,254 square feet and the additional leased ground is approximately 0.5 acres.
“TexAmericas Center’s East Campus has grown from three percent occupancy to 12 percent since 2014,” said Eric Voyles, Executive Vice President / CEDO for TexAmericas Center, “The steady increase in new and expanding businesses on our East Campus is making a significant impact on the region. These new tenants are making it possible for TAC to continue to reinvest in the former Lone Star property and make more of it move-in ready; doing so will help to create more jobs for the Texarkana region.”
4X Industrial, LLC is expected to create 25 jobs and perform production-related work for the oil and natural gas industry. THTS, INC. joined the TexAmericas Center campus in September of 2017, creating six jobs and adding an expected investment of around $250,000. THTS, INC. is headquartered in Texarkana, Texas and performs vehicle maintenance and retrofit, in addition to parts storage. The additional half acre of hardstand to their lease will allow the company more room for storage of vehicles to support their maintenance process.
Located in the Texarkana metropolitan area, TexAmericas Center owns and operates one of the largest mixed-use industrial parks in the United States. With roughly 12,000 development-ready acres of land and about 3 million square feet of commercial and industrial product, TexAmericas Center services the four states (Arkansas, Louisiana, Oklahoma, and Texas) markets.
Founded in 1997, TexAmericas Center has the operating capabilities of a municipality but functions more like a traditional real estate development company, offering customized real estate solutions. In addition to controlling its own zoning and permitting processes and sustaining the life cycle of public infrastructure on the complex, TAC has the capability to lease, build-to-suit, or facilitate Greenfield owner-constructed projects.
TexAmericas Center is a qualified New Market Tax Credit census tract, designated HUBZone and home to Foreign Trade Zone #258. Additionally, the Texas Economic Development Council (TEDC) designated a 101 acre site on TexAmericas Center’s central campus as the first S.T.A.R. Site in Texas (Sites That Are Ready for construction to begin), advancing speed to market for our customers. Tenants of TexAmericas Center tend to be private business owners and corporations seeking flexible and cost-effective space solutions.