Addison-based Biel Partners recently brokered a 19,000 square-foot, office-warehouse lease for Triathlon Battery Solutions, Inc — a United States incorporated entity with investment backing from their German parent company, Triathlon Batterien GmbH.
The new location will be Triathlon’s headquarters within the United States.
According to the Federal Reserve Bank of Texas, north Texas continues to be a strong market for construction-related manufacturers and the first quarter of 2016 showed an increase in industrial construction.
“We were particular when choosing our U.S. headquarters location,” said Taylor Frederickson, president of Triathlon Battery Solutions. “Dallas-Fort Worth is a strong and growing market and the need for our product is robust both locally and nationally. We needed to ensure that our facility was accessible to electric forklift dealers and end-user customers as well as convenient for our employees. Additionally, Dallas-Fort Worth’s location for logistics and shipping makes it the right place for national shipping coverage.” Triathlon supplies their clients with a variety of lead-acid and lithium-ion batteries that power a number of different equipment types—electric forklifts and pallet jacks, electric industrial trucks, mobile lifting platforms and other vehicles.
Triathlon will occupy space at 631 Southwestern Blvd, Suite 140 in Coppell this month and will celebrate their grand opening in October.
“The landlord at 631 Southwestern took great interest in learning about Triathlon’s processes and safety measures, when others shied away immediately,” said John Bielamowicz, president at Biel Partners. “After navigating through a few issues with the city, this location ultimately was top pick for Triathlon because of its proximity to housing, schools, clientele, and the boom of new construction and warehousing in the adjacent area.”
Coppell, located minutes north of downtown Dallas, is becoming attractvie to businesses due to its accesibioity to Dallas-Fort Worth International Airport and Forth Worth.
“This location is the perfect place for us as we begin to grow our business in North Texas and across the United States,” said Frederickson.
This is Triathlon’s first United States office/warehouse.