WRENTHAM, MASS. — Simon Property Group has welcomed four new tenants to Wrentham Village Premium Outlets, located near the Massachusetts-Rhode Island border. Shaquille O’Neal’s Big Chicken and bubble tea concept Gong Cha are now open, and athletic apparel brand Fabletics and children’s retailer Gymboree will open this summer. The roster at Wrentham Village Premium Outlets now totals more than 170 tenants.
ST. LOUIS — ARCO National Construction has leased all remaining vacancy at Clayton Executive Center I, bringing the property to full occupancy. With this expansion, ARCO now occupies the entire building. An affiliate of Stanton Road Capital owns the property. Tom Bajardi of Sansone Group represented ownership in the lease. ARCO initially leased 60,000 square feet and is now expanding by an additional 35,000 square feet. Clayton Executive Center consists of two office buildings, both of which are now fully leased.
ROGERS, ARK. — Planet Fitness has opened a 20,000-square-foot gym at Pleasant Crossing Commons, a shopping center located at 4319 S. Pleasant Crossing Blvd. in Rogers. The 24/7 gym offers strength and cardio equipment, a turf for agility training, mobility and stretching space and the members-only Black Card Spa that features massage chairs, tanning beds and recovery loungers. The new gym is the seventh location in Northwest Arkansas for Excel Fitness, one of the largest franchisees of Planet Fitness. According to LoopNet Inc., Pleasant Crossing Commons’ tenant roster includes Walmart, Walgreens, Academy Sports + Outdoors, Famous Footwear, Ross Dress for Less, Pet Supplies Plus and Starbucks Coffee. The landlord was not disclosed.
RICHARDSON, TEXAS — Local brokerage firm Highland Properties has negotiated a 12,162-square-foot industrial lease in the northeastern Dallas suburb of Richardson. The tenant is ZC Distribution, and the space is located at 1461 Exchange Drive. Scott Voelkel and Cullen Dickey of Highland Properties represented the tenant in the lease negotiations. Dan Lawson of Proterra Properties represented the landlord, a Dallas-based partnership.
NEW YORK CITY — Pandora Jewelry has signed a 55,872-square-foot office lease expansion and extension in Midtown Manhattan. The deal doubles Pandora’s existing footprint at 1540 Broadway via a new lease for the entire 34th floor. Dan Posy of JLL represented the tenant in the lease negotiations. Clark Finney, Frank Doyle, Carlee Palmer and Michael Pallas, also with JLL, along with internal agent Allen Gurevich, represented the landlord, GFP Real Estate, which owns the building in partnership with BDT & MSD Partners.
WASHINGTON, D.C. — BXP, an office REIT based in Boston, has completed the $25 million renovation of 901 New York Avenue, a 542,000-square-foot office building in Washington, D.C.’s East End submarket. The renovation included a new lobby, fitness center, conference center and a rooftop terrace. The design-build team included Sasaki (architect) and HITT Contracting (construction). The investment included a partnership with Finnegan, Henderson, Farabow, Garrett & Dunner LLP, which extended its 214,000-square-foot lease across eight full floors at the building in January 2024. The law firm is establishing a presence in the lobby and recently delivered a sky garden to promote wellness for tenants. Additionally, BXP executed 41,000 square feet of new leases at 901 New York Avenue since the renovation’s completion.
ARLINGTON, TEXAS — Local brokerage firm Highland Properties has negotiated a 25,000-square-foot industrial lease renewal in Arlington. The tenant is Texas Almet, a manufacturer of advanced honeycomb core components for military and commercial aircraft, and the space is located at 2800 E. Randoll Mill Road. Scott Voelkel and Cullen Dickey of Highland Properties represented the tenant in the lease negotiations. Ishash Shrestha of Avangard Real Estate represented the undisclosed landlord.
NEW YORK CITY — Texas-based hedge fund operator SummitTX Capital has signed a 17,778-square-foot office lease in Manhattan’s Plaza District. The lease term is 11 years, and the space spans the entire 19th floor of the 22-story, 380,000-square-foot building at 560 Lexington Ave. Cushman & Wakefield represented the tenant in the lease negotiations. Peter Turchin, Brett Shannon, Eric Deutsch, Jacob Rosenthal and Lauren Le of CBRE, along with internal agent Kevin Daly, represented the landlord, Rudin.
UPPER MARLBORO, MD. — Walton Global has signed Sprouts Farmers Market to anchor a 140,000-square-foot retail development under construction in Upper Marlboro, about 21 miles outside of Washington, D.C. Situated within the 480-acre master-planned community of Westphalia Town Center, Sprouts Farmers Market will occupy roughly 23,000 square feet. The store is currently anticipated to open in the second half of 2028. Upon completion, the overall Westphalia Town Center will include residential neighborhoods, retail and dining, as well as community services. Heritage Partners is handling leasing for the retail component of the project.
BARTLETT, ILL. — Illinois Tool Works (ITW) has moved into a 60,050-square-foot industrial space at Blue Heron Business Park in Bartlett, culminating a seven-month site selection, lease negotiation and space build-out process. The property is located on the southeast corner of Kenyon Road and Illinois Route 25. Dan Brown and Mike Antonelli of Brown Commercial Group represented the developer and owner, Cratos Industrial. The duo is marketing the additional space in the 166,573-square-foot development for lease. ITW is utilizing the space for its Electronic Component Solutions group and will have 60 employees at the site. The ITW Formex and ITW Lumex brands operate out of the new facility, creating specialized safety and technology products and solutions for global companies in the electric vehicle, data center, appliance and other sectors.
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