Priority1 Inc. signs 20,600 SF lease in Little Rock’s Lyon Building

Little Rock-based Priority1 Inc. has signed a lease for 20,618 square feet in downtown Little Rock’s 130,000-square-foot Lyon Building at 401 W. Capitol Ave.

Lease terms were not disclosed. Priority1 offers third-party logistics services including truckload, less-than-truckload and warehousing solutions.

Todd Rice and Brandon Rogers of Colliers International Arkansas represented the building owner. Ted Dickey of Colliers represented the tenant.

“The Lyon Building was a great choice for Priority1 Inc. for their new office home,” Rice said. “The property recently underwent significant renovations and upgrades to its common-area interior space, and its location in the heart of the Financial Quarter within walking distance to so many great restaurants and conveniences make it a perfect spot to do business.”

The Lyon Building offers on-site management and maintenance, high-performance optic technology, secure underground parking and is within walking distance to both the convention center and the River Market. Suites from 1,500 to 20,000 square feet are currently available for lease, including full floors.

Colliers did not disclose the building’s occupancy rate.