FRISCO, TEXAS — Base Power Inc. has signed a 32,375-square-foot industrial lease in Frisco. The provider of home batteries is taking space within Building 3 at Frisco Trade Center. Brett Lewis, Taylor Stell and George Tanghongs of Lee & Associates represented the locally based landlord, Dalfen Industrial, in the lease negotiations. The tenant representative was not disclosed.
NEW YORK CITY — Versant Media Group (Nasdaq: VSNT) has signed a 84,509-square-foot office lease expansion and 18-year extension in Midtown Manhattan. The owner of networks like MS NOW, CNBC, USA Network, Golf Channel, E!, SYFY and Oxygen now occupies 249,054 square feet across six floors at 229 West 43rd Street, a 15-story building that was constructed in 1912 as the home of The New York Times. CBRE represented Versant in the lease negotiations. The landlord, Columbia Property Trust, was self-represented.
READING, MASS. — Trader Joe’s will open a new grocery store in Reading, a northern suburb of Boston, later this year. The square footage was not disclosed. The store will be located within The Crossing at Walkers Brook, a 480,000-square-foot shopping center that is also home to Jordan’s Furniture, Home Depot, Golf Galaxy, The Paper Store and Starbucks. Chris Mearn of District Real Estate Advisors represented Trader Joe’s in the lease negotiations. Regional owner-operator Wilder Cos. owns The Crossing at Walkers Brook.
CenterCal Properties Signs Leases with Five New Tenants at The Village at Meridian Near Boise, Idaho
MERIDIAN, IDAHO — CenterCal Properties has signed leases with five new tenants at the second phase of The Village at Meridian, an 80,000-square-foot commercial property that is under construction roughly 10 miles west of downtown Boise. The new tenants are gastropub Culinary Dropout (7,000 square feet); fine-dining restaurant The Capital Grille; cookware and housewares retailer Williams Sonoma (5,550 square feet); Pottery Barn; and modern furniture brand 7th Avenue. Other tenants at the property will include Vuori, Alo, Kendra Scott, Tecovas, Gorjana, [solidcore] and Tempur-Pedic, along with Flower Child and Paris Baguette. Phase II, which is already fully leased and will span six buildings, is an expansion of The Village at Meridian, a 1 million-square-foot mixed-use development. Phase II is anticipated for completion in February 2027.
DALLAS — Ahmad, Zavitsanos & Mensing PLLC has signed a 17,043-square-foot office lease in downtown Dallas. The space is located within Trammell Crow Center, a 50-story, newly renovated development at 2001 Ross Ave. Doug Jones, Marissa Parkin and Chase Lopez of Stream Realty Partners represented the landlord, Regent Properties, in the lease negotiations.
CUMMING, GA. — The Cheesecake Factory has signed a 6,500-square-foot lease at The Collection at Forsyth, a 565,000-square-foot mixed-use lifestyle center located in Cumming, a north Atlanta suburb in Forsyth County. The new restaurant opened on July 21 and has created more than 200 local jobs, according to the company’s press release. Sherri Wilson of Partners Real Estate represented the landlord, CTO Realty Growth Inc., in the lease negotiations. Other recent tenant additions at The Collection at Forsyth include Sephora, Warby Parky, Berkshire Hathaway HomeServices Georgia Properties, Kimley-Horn, Build-A-Bear Workshop, BODYROK, Rocket Fizz and The Picklr. Another new tenant coming soon is global lifestyle retailer Miniso, which is currently under construction and planning to open in September.
WEST CHICAGO, ILL. — CoreCentric Solutions has signed a 286,622-square-foot industrial lease at 1717 Harvester Road in West Chicago. The long-term lease brings the 465,950-square-foot manufacturing facility to full occupancy. David Conroy, Mark Wilson, Jordan Kwiecinski and Daniel Cawley of Cawley Commercial Real Estate represented the landlord, Plymouth Industrial REIT. Mike Senner of Colliers represented the tenant. The leased property offers 4,000 amps of heavy power, 15,579 square feet of office space, 14 interior docks and one drive-in doors. The lease is scheduled to commence in October.
WILMER, TEXAS — Logistics Plus has signed a 744,452-square-foot industrial lease in the southern Dallas suburb of Wilmer. The Pennsylvania-based provider of freight and fulfillment services will occupy the entirety of Building 2 within Southport Logistics Center, an approximately 1.5 million-square-foot development. Building 2 features 123 dock doors, three drive-in doors and 4,647 square feet of speculative office space. Kurt Griffin and Nathan Orbin of JLL represented the landlord, a joint venture between Bandera Ventures and Invesco Real Estate, in the lease negotiations.
DUBLIN, VA. — DWG Capital Partners has purchased an 83,683-square-foot manufacturing facility located at 320 Newbern Road in Dublin, a city in southwest Virginia’s I-81 Corridor. The publicly traded seller, Commercial Vehicle Group (CVG), sold the property to DWG Capital and leased back the facility on a 20-year absolute triple-net lease. The facility is situated on 4.7 acres and features 14- to 16-foot clear heights, six dock-high doors, one drive-in door and outdoor storage. Albert Hernandez and Rob Stockhausen of Colliers represented CVG in the sale-leaseback. According to Judd Dunning, founder and principal of DWG Capital, Skyline National Bank provided acquisition financing for the deal. The sales price and loan amount were not disclosed.
MIAMI — NAI Miami | Fort Lauderdale has arranged a 9,916-square-foot retail lease at 1588 N.W. 7th St., a retail space within a parking garage at LoanDepot Park, home ballpark of the Miami Marlins. The tenant is Biscayne Bay Brewing Co. LLC, one of the leading craft breweries in South Florida and the official craft beer of the Marlins and LoanDepot Park. Claire Holash and Jeremy Larkin of NAI Miami | Fort Lauderdale represented the sublandlord, the Department of Off-Street Parking of the City of Miami, also known as the Miami Parking Authority, in the transaction. The new Biscayne Bay Brewing location is replacing an existing brewery and is expected to open this fall.
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