Expal USA Inc., a US subsidiary of the Spanish defense company Expal Systems S.A., signed a ten-year lease and has the option to renew the lease for five additional years or take ownership. The leases commence on June 1, 2016.
The company will occupy existing buildings in the former Lone Star Army Ammunition Plant; the southern portion of the E-line in Area E, bunkers in Area V and a warehouse in Area D. These properties are located on what TexAmericas Center now calls the Eastern Campus.
TexAmericas Center (TAC) owns and manages about 1,500,000 square feet of industrial, flex, and office product on the Eastern property. TAC reports over 1,300,000 square feet of office and industrial space to be available on the Eastern site.