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Burleson EDC approves lease amendment to support F Wave expansion
Summary
The Burleson 4A Economic Development Corporation unanimously approved a resolution to amend the lease at 921 S. Burleson Blvd to accommodate F Wave LLC's planned expansion, extending the lease up to two years with an option for a third and adjusting rent to $9 per sq. ft. (rising to $11 if the option is used).
Alex Phillips, director of Economic Development, told the Burleson 4A Economic Development Corporation that the board should approve a lease amendment for 921 South Burleson Boulevard to support an expansion by F Wave LLC. Phillips said the property is about 31,650 square feet on roughly 6 acres and reviewed the lease history: “The original lease was approved on 11/16/2015 for a term of 5 years at a…
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