Bradford Commercial Real Estate Services inked a full-building lease with Ceutical Laboratories Inc. to relocate its headquarters to the 33,346-square-foot Waters Ridge Tech Center II in Denton County, Texas.
Ceutical has signed a long-term lease for 1965 Lakepointe Drive in Lewisville, jumpstarting plans to convert the multi-tenant office flex space to single-tenant use. Jared Laake, senior vice president of Dallas-based Bradford, and Brian Pafford, executive vice president and managing partner, represented the landlord, Kennington Waters Ridge II & III LLC.
Ceutical’s new headquarters will be ready to occupy in Q1. Upcoming construction calls for creating lab space and combining the building’s two suites. Brendan Zrowka and Grant Pruitt of Whitebox Real Estate represented the privately owned company, which is relocating from Flower Mound.
Situated close to Interstate 35E and TX 121, Waters Ridge Tech Center II, developed in 2001, has all the bells and whistles of a garden-style suburban office building with 100% air-conditioned space and a 4:1,000 parking ratio. Right down the street is a sister building, Waters Ridge Tech Center III, an 85%-leased project with available spaces from 5,071 sf to 15,814 sf and a 542-space surface lot.
