RICHARDSON, TEXAS — ANDREW, a hardware manufacturer for the telecommunications industry, has signed a 42,000-square-foot lease in the northeastern Dallas suburb of Richardson. The company is relocating from the nearby building at 2601 Telecom Parkway to the flex building at 2920 Telecom Parkway. In addition to office, the company’s new space supports lab, manufacturing and engineering uses. As part of the relocation, ANDREW plans to invest more than $2 million to support tenant improvements and the addition of new furniture, fixtures and equipment at its new Richardson facility.
Leasing Activity
WALTHAM, MASS. — Biocytogen, which provides animal and cell model generation for preclinical research, has signed a 35,000-square-foot life sciences lease in Waltham, a western suburb of Boston. Biocytogen now occupies about 70,000 square feet at the 143,533-square-foot building at 300 Third Ave. Tim Allen of Colliers represented the tenant in the lease negotiations. Tim Latham, Christopher Scott and Chris Devaux represented the landlord, Dallas-based Lincoln Property Co., on an internal basis.
WOODRIDGE, ILL. — Lee & Associates of Illinois has negotiated a 100,800-square-foot, full-building industrial lease at 1215 101st St. in Woodridge. Jeff Galante and Jeff Janda of Lee & Associates represented the owner, Rediehs & Rediehs LLC. Manufacturing company Secure Source America LLC leased the property.
CHICAGO — Law firm Sidley Austin LLP has unveiled plans to relocate its Chicago office to 725 Randolph, a new office tower by Related Midwest in the city’s Fulton Market neighborhood. Sidley will serve as the anchor tenant of the 45-story, 1 million-square-foot property at 725 W. Randolph St. Occupancy is slated for late 2030. Todd Lippman led the CBRE team that represented Sidley. The lease square footage was not disclosed, but several media outlets report it to around 500,000 square feet. Sidley currently leases about 544,000 square feet in the 40-story tower at 1 S. Dearborn St. in Chicago’s Loop through 2030. Designed by Kohn Pedersen Fox, 725 Randolph will offer column-free floorplates, unobstructed views of the cityscape, a range of amenities and nearby dining options. Signature amenities will include private terraces offering an outdoor work setting, a destination restaurant and an outdoor sundeck. Related Midwest still needs to complete project financing and receive city council approval, according to local media reports. In its announcement, Sidley says Chicago’s Fulton Market has emerged as a destination for business, innovation and talent and is one of the nation’s fastest growing mixed-use districts. “Chicago has been central to Sidley’s history for more …
RICHARDSON, TEXAS — Outdoor Wireless Networks LLC has signed a 42,362-square-foot industrial lease in the northeastern Dallas suburb of Richardson. The space sits within Parc North East, a four-building, 434,640-square-foot development. Mike Kay of Colliers represented the tenant in the lease negotiations. Josh Barnes, Blake Troiani and Weston Porter of Holt Lunsford Commercial represented the landlord, GID Investment Advisors.
IRVING, TEXAS — Continental Battery Systems will open a new, 25,793-square-foot headquarters in Irving. The provider of batteries for the automotive, marine and industrial sectors signed a 10-year lease at 750 N. John Carpenter Freeway with plans to bring or create about 95 new jobs within the local economy. The company plans to take occupancy of its new space in the coming weeks.
NEW YORK CITY — Hydrogen Fitness has signed a 15-year, 17,000-square-foot retail lease in the Murray Hill submarket of Midtown Manhattan. The space spans the ground floor, lower level and mezzanine levels of the building at 145 E. 32nd St. Thomas Capuano of Okada & Co. represented the landlord, Meyer Equities, in the lease negotiations. Cory Gahr and Josh Lebowitz of Lee & Associates represented Hydrogen Fitness. The opening is slated for next January.
CHICAGO — Huntington Bank has signed a 10-year, 23,223-square-foot lease expansion at 222 N. LaSalle Street, growing its footprint to approximately 60,900 square feet at the 26-story building in downtown Chicago. Tishman Speyer owns the riverfront tower. The bank has operated at the property since 2011. Ellen May and Steve Golz internally represented Tishman Speyer, which also serves as property manager and leasing agent. Constructed in 1926, the building has recently undergone an expansive renovation program. The 1 million-square-foot tower is now 87 percent leased. All tenants have access to ZO Clubhouse, Tishman Speyer’s amenity network.
DALLAS — Four new tenants have signed leases at Inwood Village, a historic shopping center and dining destination located at the intersection of Lovers Lane and Inwood Road in North Dallas. Outdoor lifestyle brand Ball and Buck, along with PopUp Bagels, have already opened at the center. In addition, boutique wellness brand Jungle Studio Fitness will debut in the coming weeks, while home furnishings retailer Rejuvenation by Williams-Sonoma will open toward the end of the year. Inwood Village first opened in 1947.
DALLAS — American Foam Rubber has renewed its 17,067-square-foot industrial lease in Dallas. The space is located within a development known as Dallas Commerce Center. Brett Lewis of Lee & Associates represented the tenant in the lease negotiations. Canon Shoults, Maddy Coffman and Luke Floyd of Holt Lunsford Commercial represented the landlord, AEW Capital Management.
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