Monday, December 23, 2024
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Leasing Activity

DevelopmentGeorgiaLeasing ActivityLouisianaRestaurantRetailSoutheast

PJ’s Coffee to Expand in Metro Atlanta With 12 New Locations

by John Nelson

MANDEVILLE, LA. — PJ’s Coffee plans to open 12 new locations in the metropolitan Atlanta area over the next seven years. The Peach State currently has a PJ’s Coffee location in Greensboro and construction will soon begin for its next one in Rome. The Mandeville, La.-based coffeeshop chain has more than 185 locations operating systemwide and more than 100 in the development pipeline. “Our expansion into Atlanta represents a game-changing opportunity to share PJ’s unique flavors with a vibrant community that values Southern hospitality and exceptional coffee,” says Lory Schwartz, franchise development manager of PJ’s Coffee. “The city’s dynamic economy, strong coffee culture and affinity for innovation make it the perfect place for our next chapter of growth.”

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Leasing ActivityLife SciencesOfficeTexas

Rules-Based Medicine Renews 37,356 SF Office, Life Sciences Lease in North Austin

by Taylor Williams

AUSTIN, TEXAS —Rules-Based Medicine, a lab operator and division of Connecticut-based healthcare technology firm IQVIA, has renewed its office and life sciences lease at 3300 Duval Road in North Austin. Built on 7.1 acres in 2000, the facility is known as Stonecreek Park and totals 76,910 square feet. Nate Stricklen and Jay Austin of CBRE represented the tenant in the lease negotiations. Matt Frizzell and Kevin Granger of Cushman & Wakefield represented the landlord, Drawbridge Realty.

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Leasing ActivityMidwestMissouriOffice

Anthem Blue Cross and Blue Shield to Relocate to Deloitte Building in Downtown St. Louis

by Kristin Harlow

ST. LOUIS — Anthem Blue Cross and Blue Shield has signed a lease to relocate to the Deloitte Building at 100 S. Fourth St. in downtown St. Louis. Anthem will occupy approximately 50,000 square feet in the 12-story, 260,000-square-foot building. The owner, Stanton Road Capital (SRC), is constructing its tenant amenity package, The Outpost, which will feature a fully modernized fitness center, 100-person conference room, Wi-Fi-enabled tenant lounge and grab-and-go food and beverage options. Anthem expects to relocate from its longtime office at 1831 Chestnut St. by fall 2025. Brandon Wappelhorst, Nick Fiquette and Tom Bajardi of Sansone Group represented SRC in the lease.

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Leasing ActivityMidwestMinnesotaRetail

Seven New Retail Tenants Open at Eden Prairie Center in Suburban Twin Cities

by Kristin Harlow

EDEN PRAIRIE, MINN. — Seven new retail tenants have opened or are coming soon in 2025 at Eden Prairie Center, a 1.4 million-square-foot retail property in the Twin Cities suburb of Eden Prairie. JLL manages the asset, which features more than 100 shops and restaurants. Now open seasonally, Northwoods Boutique offers seasonal products, including arts, crafts, handmade items, new and vintage décor, furniture, home décor and holiday décor. The 4,470-square-foot boutique is located on the lower level near Target and DSW. The Makers Den is a one-stop shop offering 3D print products, services and design classes for all ages. The 1,581-square-foot print shop is owned and operated by former schoolteacher Phillip Sexton and is located on the upper level near AMC. Gyu Mai Japanese BBQ/Ichiddo Ramen is a dual-concept Asian eatery. The 7,996-square-foot, street-front space will be divided into two restaurants on the lower level of the entertainment wing. Miniso is a variety store chain that specializes in household and consumer goods, including cosmetics, stationary, toys and kitchenware. The Eden Prairie location, opening in January, will be the second franchise store in Minnesota at 3,530 square feet and located in the upper level of Center Court. The U.S. Army Recruiting …

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IndustrialLeasing ActivityTexas

Time Manufacturing Holdings Signs 29,974 SF Industrial Lease in New Caney, Texas

by Taylor Williams

NEW CANEY, TEXAS — Time Manufacturing Holdings has signed a 29,974-square-foot industrial lease in New Caney, a northeastern suburb of Houston. The producer of vehicle-mounted aerial lifts is taking space at the building at 22218 McCleskey Road, which according to LoopNet Inc. was constructed in 2023. Carry Latham and Jax Rawlinson of Stream Realty Partners represented the landlord, Nickers Interests Inc., in the lease negotiations. Joseph Berwick of JLL represented the tenant.

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Leasing ActivityNew YorkNortheastOffice

William Grant & Sons Signs 27,160 SF Office Lease in Manhattan’s Flatiron District

by Taylor Williams

NEW YORK CITY — William Grant & Sons has signed a 27,160-square-foot office lease in Manhattan’s Flatiron District. The liquor distiller and distributor plans to take occupancy of the entire second and part of the third floor at 902 Broadway, a 20-story building that was originally constructed in 1911, in summer 2025. Joseph Messina and Charles Gerace of JLL represented the tenant in the lease negotiations. Max Koeppel internally represented the owner, the Rosen Family.

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GeorgiaLeasing ActivityOfficeSoutheast

CP Group Signs Eversheds Sutherland to 94,000 SF Office Lease in Midtown Atlanta

by John Nelson

ATLANTA — CP Group has signed Eversheds Sutherland LLP, a global law firm, to a 94,000-square-foot office lease at Bank of America Plaza, a 55-story skyscraper in Midtown Plaza. CBRE’s John Schlesinger represented the tenant, and his colleagues Jeff Keppen and Nicole Goldsmith represented the landlord in the lease transaction. Over the past six months, leasing activity at Bank of America Plaza has reached 170,000 square feet, including four new tenants, one renewal and two expansions. Amenities at the office tower include a conference center space with breakout rooms, fitness club, food hall, salon and an onsite retail Bank of America branch.

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Leasing ActivityOfficeTexas

Sage Technologies Signs 17,455 SF Office Lease in Plano

by Taylor Williams

PLANO, TEXAS — Sage Technologies, a provider of sound and vibration testing equipment, has signed an 17,455-square-foot office lease in Plano. The space is located within the five-story building at 6275 W. Plano Parkway that offers amenities such as a fitness center, conference facilities and onsite café. Trevor Franke and Gini Rounsaville of JLL represented the landlord, Billingsley Co., in the lease negotiations. Calvin Hull, also with JLL, represented the tenant.

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IndustrialLeasing ActivityNortheastPennsylvania

Martin Brower Signs 147,000 SF Industrial Lease in Northeast Philadelphia

by Taylor Williams

PHILADELPHIA — Martin Brower has signed a 147,000-square-foot industrial lease in northeast Philadelphia. The provider of supply chain and logistics solutions is taking space at Crow Holdings at I-95, a project that is under construction on a 14.4-acre site at 14515 McNulty Road. Jonathan Springer, Andrew Green and Mike Barker of CBRE represented the tenant in the lease negotiations. Brad Boone and Brian McCurdy of Colliers represented Crow Holdings Development.

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Leasing ActivityMidwestMinnesotaOffice

St. Croix Hospice Leases Full Building at Mendota Tech Office Park in Minnesota

by Kristin Harlow

MENDOTA HEIGHTS, MINN. — St. Croix Hospice has signed a long-term lease at Mendota Tech – Workplace 3 in Mendota Heights, a southern suburb of the Twin Cities. The end-of-life care provider will occupy the 30,586-square-foot office building in its entirety. St. Croix Hospice, which is relocating from Oakdale, plans to take occupancy in the first quarter of 2025. With over 70 locations throughout the Midwest, the agency provides care to more than 5,200 patients. Tim Olsen of Carlson Partners represented the tenant. Mike Honsa and Eric Rapp of Transwestern Real Estate Services represented ownership, Capital Partners. Mendota Tech Office Park comprises eight buildings.

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