A tech company’s move to Plano will enable a developer to move ahead with a new industrial park.

TT Electronics, an international manufacturer of electronic components and service provider to manufacturers, is leasing 58,000 square feet in the Plano Commerce Center on Plano Parkway near Jupiter Road.

The almost 180,000-square-foot industrial project was developed by Dallas’ Provident Realty Advisors. The two 90,000-square-foot buildings were the developer’s first industrial project in Plano.

TT Electronics, based in England, is moving its North Texas operation from Carrollton to Provident Realty’s project. The tech company will join Airbus Solutions USA and Critical Electrical Systems Group as tenants in the project.

“We only have about 30,000 square feet left,” said John Bunten, Provident Realty’s executive director of industrial development.

That’s why the developer is buying a site nearby for more construction.

“We are closing on the 66 acres just down the street,” Bunten said. “We hope to start the first phase of a project there in January with 300,000 square feet of office-flex industrial space in two buildings.

“We will follow that with two more phases,” he said. “We will build a total of 700,000 square feet.”

Mark V Commercial’s Mike McCartan and Jeff White negotiated the Plano Commerce Center lease for TT Electronics with Marshall Cooper of Cooper Commercial Inc.

“They are pulling three manufacturing groups into this facility,” Bunten said. “The big reason TT Electronics picked Plano was the community and the education level.”

Provident Realty Advisors is also building a major warehouse project in Roanoke north of Fort Worth.

The project is on State Highway 114 near Byron Nelson Boulevard. The 63-acre development site was originally part of the Byron Nelson estate.

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“We started work a month ago in Roanoke on 568,000 square feet and hope to get it open by the start of next summer,” Bunten said.



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