Retail fixture firm lands in Lewisville with big lease

A store fixtures and equipment firm has leased a big block of industrial space in a new building in Lewisville.

Vira Insight LLC has taken 329,060 square feet of space at the Majestic Airport Center DFW business park at 2701 S. Valley Parkway near State Highway 121.

The building was developed by Majestic Realty Co., a California-based developer that has a track record in North Texas.

“Vira is a tremendous addition to our business park and a great addition to the business base of Lewisville,” Majestic Realty’s Al Sorrels said in a statement “We want to continue to diversify and grow our portfolio here with quality tenants like Vira.” said Al Sorrels, Majestic Realty Co.’s local partner.

Vira will utilize the building for fabrication, light manufacturing, warehouse and distribution of retail store components and equipment.

The company has been based in Coppell and has operations or suppliers worldwide.

Sorrels negotiated the lease with David Creiner, Louis Pascuzzi and Frank Puskarich of Jackson & Cooksey.

The Majestic Airport Center DFW is a 215-acre business park with room for more than 3 million square feet of development.

“I am about to break ground on an approximately 300,000 square foot facility directly across the street from the building Vira Insight just leased,” Sorrels said.

Link to Original Article: https://www.dallasnews.com/business/real-estate/2018/03/27/retail-fixture-firm-lands-lewisville-big-lease