ATLANTA, Jan. 30, 2015 /PRNewswire/ -- Signature Office REIT, Inc. ("Signature"), based in Norcross, Georgia, today announced the signing of a 10-year lease with NEC Corporation of America (NEC) to become the new tenant at its 119,611-square foot Royal Ridge V building located at 3929 W. John Carpenter Freeway in Irving, Texas. Commencing on December 1, 2015, NEC will relocate its U.S. headquarters to Royal Ridge V.
NEC is a leading technology integrator of advanced IT and communications solutions, including, IT, communications, managed services and biometrics solutions. NEC's mission is to provide Solutions for Society that contribute to the safety, security and efficiency of society.
"We are pleased to welcome NEC as the newest member of our 'tenant family' at Signature," stated Scott Brown, Senior Vice President – Asset Management. He also added that "NEC supports our strategy to have long term, credit-worthy tenants occupying our buildings."
Carter Holston, Director of Facilities and Real Estate for NEC Corporation of America, commented that "Royal Ridge V contained many technological advantages that are important to the testing of our products and solutions. When we toured the facility, we were impressed with the technical infrastructure already in place."
NEC was represented by Mike Wyatt and Bill McClung of Cushman & Wakefield. Signature was represented by Nathan Durham and Fletcher Cordell of Transwestern.
About Signature Office REIT
Signature Office REIT is a self-managed, non-traded, public real estate investment trust focused primarily on core office real estate. Currently, the Signature Office REIT portfolio includes 15 office buildings in eight states, covering more than 2.6 million square feet. For information on Signature Office REIT, visit www.SignatureREIT.com.
SOURCE Signature Office REIT, Inc.