Leasing Activity

UHealth Signs 11,243 SF Retail Lease at Downtown Doral in Metro Miami

by John Nelson January 24, 2025

DORAL, FLA. — Codina Partners has announced that the University of Miami health system (UHealth) will occupy an 11,243-square-foot wing at Downtown Doral, a 250-acre mixed-use community in metro Miami. The tenant is part of the property’s 25,000-square-foot retail expansion, which is located at the intersection of N.W. 87th Avenue and N.W. 53rd Terrace and will include 929 parking garage spaces. UHealth’s new facility, which will feature Bascom Palmer Eye Institute and physical therapy services, will join other tenants at the property including Sweat 440, South Miami OB/GYN Associates, Sage Dental, Muse Beauty Salon, Crema Gourmet Espresso Bar and Pura Vida. Codina plans to break ground on the retail expansion in first-quarter 2025 and wrap up construction in first-quarter 2026.

January 24, 2025

Industrial Leasing Activity Texas

Stream Realty Partners Negotiates 45,185 SF Industrial Lease Expansion in North Houston

by Taylor Williams January 24, 2025

HOUSTON — Stream Realty Partners has negotiated a 45,185-square-foot industrial lease expansion in North Houston. According to LoopNet Inc., the office building at 845 Greens Parkway was built in 2002 and totals 63,917 square feet. William Carpenter, Jeremy Lumbreras and Sherwood Hillyer of Stream represented the landlord, Prologis, in the lease negotiations. Justin Clark of Clark Gaines Properties represented the tenant, industrial chemicals provider Riteks Inc.

January 24, 2025

Civic Leasing Activity New York Northeast

Kwenda Collegiate Girls Charter School Signs 44,114 SF Lease in Brooklyn

by Taylor Williams January 24, 2025

NEW YORK CITY — The Kwenda Collegiate Girls Charter School has signed a 44,114-square-foot lease in Brooklyn. The turnkey space is located within the building at 2520 Church Ave. in the Flatbush area and was formerly occupied by St. Gregory The Great Catholic Academy. The school will first serve kindergarten and first grade students, with plans to expand through fifth grade and ultimately through eighth grade. Lindsay Ornstein, Jake Cinti and Kate Whitman of OPEN Impact Real Estate represented the school in the lease negotiations. William O’Brien of M.C. O’Brien Inc. represented the unnamed landlord.

January 24, 2025

Illinois Leasing Activity Midwest Office

Fortune Brands Consolidates US Offices into Deerfield, Illinois Headquarters

by Kristin Harlow January 24, 2025

DEERFIELD, ILL. — Fortune Brands Innovations Inc. is consolidating its U.S. regional offices into one campus headquarters in the northern Chicago suburb of Deerfield. Fortune Brands will occupy two buildings on its campus in Deerfield. The company was incented to expand its headquarters in Illinois with annual tax credits to be provided through the State of Illinois Economic Development for a Growing Economy program. By the end of 2027, Fortune Brands will have capacity for over 1,000 professional associates in its new headquarters. This includes associates who relocate from one of the company’s current offices as well as roles newly hired in the Chicago area. The company’s digital-focused office in San Francisco, along with its U.S. manufacturing facilities, U.S. distribution centers, sales offices and international sites, will continue operations as usual.

January 24, 2025

Industrial Leasing Activity Texas

Stream Realty Partners Negotiates 88,732 SF Industrial Lease in Metro Houston

by Taylor Williams January 23, 2025

BAYTOWN, TEXAS — Stream Realty Partners has negotiated an 88,732-square-foot industrial lease in the eastern Houston suburb of Baytown. The building at 2300 East Freeway is located within the 3 million-square-foot Port 10 Logistics Center. Tyler Maner and Tommy Erwin of Stream represented the tenant, soap and bath products provider MMM Enterprises, in the lease negotiations. Richard Quarles, David Holland, Joseph Berwick and Eliza Klein of JLL, represented the landlord, Pontikes Development.

January 23, 2025

Industrial Leasing Activity South Carolina Southeast

Avison Young Arranges 691,275 SF Industrial Lease in Rock Hill, South Carolina

by John Nelson January 23, 2025

ROCK HILL, S.C. — Avison Young has arranged a 691,275-square-foot industrial lease at Legacy Park East, a Class A industrial park in Rock Hill, a South Carolina suburb of Charlotte. Chris Skibinski, Tom Tropeano, Henry Lobb and Abby Rights of Avison Young represented the landlord, Scannell Properties, in the lease transaction. The unnamed tenant is a leading manufacturer of sustainable packaging. Legacy Park East is located one mile from I-77 at 2087 Williams Industrial Blvd. The property’s four existing buildings are now fully leased, with the remaining three development sites able to accommodate distribution and manufacturing users.

January 23, 2025

Georgia Leasing Activity Mixed-Use Restaurant Retail Southeast

Five New Tenants Join Atlantic Station Roster in Midtown Atlanta

by John Nelson January 22, 2025

ATLANTA — Five new retailers and restaurants have joined the tenant roster at Atlantic Station, a 138-acre mixed-use development in Midtown Atlanta. Houston-based Hines, which has owned the retail portion of the property since 2015, recently signed donut and desserts eatery Yonutz; cookie concept Munster Cravings; candle-making experiential retailer Candleporium Fragrance House; and car wash and detailing shop Dirty Horse Paint Protection and Auto Detailing to the lineup. Additionally, Lucky Strike Entertainment has backfilled and rebranded Atlantic Station’s Bowlero bowling alley. Opened in 2005, Atlantic Station features 523,511 square feet of retail, entertainment and restaurant space; 2 million square feet of Class A office space, including offices for Microsoft; two full-service hotels; multiple apartments, lofts and luxury condo residences; and freestanding IKEA, Target and Dillard’s stores.

January 22, 2025

Leasing Activity Massachusetts Northeast Office

Commonwealth Financial Network Signs 151,765 SF Office Lease in Waltham, Massachusetts

by Taylor Williams January 22, 2025

WALTHAM, MASS. — Commonwealth Financial Network has signed a 151,765-square-foot office lease in Waltham, a western suburb of Boston. The provider of comprehensive services to the financial advisory community is taking space at 275 Wyman Street, a five-story, 300,000-square-foot building that is part of a larger 2.2 million-square-foot campus. CBRE represented the landlord, Hobbs Brook Real Estate, in the lease negotiations. Newmark represented the tenant, which plans to take occupancy of its new space in the first quarter of 2026.

January 22, 2025

Leasing Activity Office Texas

ECR Negotiates 20,122 SF Office Lease in Southeast Austin

by Taylor Williams January 21, 2025

AUSTIN, TEXAS — Equitable Commercial Realty (ECR) has negotiated a 20,122-square-foot office lease in southeast Austin. The tenant, locally based technology infrastructure provider Fathom5, will occupy space at Bergstrom Tech Center, a 208,374-square-foot facility that was originally constructed in 1986 for defense contractor Lockheed Martin. ECR represented the landlord, Boyd Watterson Asset Management, in the lease negotiations. Colliers represented the tenant.

January 21, 2025

Development Leasing Activity Mixed-Use North Carolina Restaurant Retail Southeast

Crosland, Core Sound Sign 11 Tenants to Wallbrook Mixed-Use Project Near Raleigh

by John Nelson January 21, 2025

ROLESVILLE, N.C. — Crosland Southeast and Core Sound Development has signed 11 new tenants to Wallbrook, an 80-acre mixed-use development located in Rolesville, roughly 17 miles northwest of Raleigh. Publix will anchor the property, which is scheduled to open its initial phase in mid-2025. The developers have preleased 21,000 square feet to tenants including restaurants, a dental practice, hair salon, massage parlor and Pilates gym. Additionally, Fifth Third Bank has signed a ground lease at an outparcel. Approximately 9,000 square feet of space is still available for lease at the property. Crosland is planning for a second phase with preleasing beginning this spring. Charlie Coyne and Matt Larson of CBRE are leading leasing efforts at Wallbrook, which will have 265,000 square feet of commercial space when fully built-out.

January 21, 2025

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