Media company DexYP renewed and expanded its current lease at 2200 W. Airfield Dr. in Grapevine, TX, near Dallas Fort Worth International Airport. The tenant added an additional 21,816 square feet to its existing space, ending up with a total of 449,040 square feet.
Bob Acuff and Tom Sutherland with Colliers International represented the tenant. CBRE’s D.J. Decker negotiated on behalf of the landlord, Verizon Realty Corp.
The new lease caps off a months-long search for more space in the Dallas-Fort Worth area. Dex Media Inc., which had been at the current property for a few years, had acquired YP holdings in June 2017, changing its official company name to DexYP. More space was necessary to house the acquisition, with the tenant deciding to stay put in its current location, the former Braniff Airlines headquarters.
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