CARROLLTON, TEXAS — Modern Home Concepts, a provider of residential flooring products, has signed a 57,361-square-foot industrial lease in the northern Dallas metro of Carrollton. The space is located within Valwood Business Park and includes dedicated truck parking and potential outdoor storage space. Corbin Blount and Adam Graham of Lee & Associates represented the landlord, Link Industrial Properties, in the lease negotiations. Christian Moore of Mercer Co. represented the tenant.
Leasing Activity
HOUSTON — A partnership between two local owner-operators, MetroNational and Radom Capital, is nearing completion of Greenside, a 35,000-square-foot retail redevelopment project in Houston’s Memorial City district. Designed by Michael Hsu Office of Architecture, Greenside is an adaptive reuse of three warehouse buildings, includes open green space and is expected to be fully complete later this year. The partnership has also signed leases with five new tenants: Merit Coffee, Tifa Chocolate & Gelato, Epic Cycles, Swish Dental and Original ChopShop.
VALLEY COTTAGE, N.Y. — Reliable Sprinkler has signed a 44,000-square-foot industrial lease in Valley Cottage, about 35 miles north of New York City. The distributor of fire protection products is taking space within Lincoln Logistics Rockland, a facility that features a clear height of 36 feet, 34 dock doors and parking for 123 cars and 41 trailers. Newmark represented the landlord, a partnership between Lincoln Equities Group and PCCP LLC, in the lease negotiations. JLL represented Reliable Sprinkler.
BETHLEHEM, PA. — ShipBob has signed a 301,826-square-foot industrial lease in the Lehigh Valley city of Bethlehem. The provider of fulfillment services for the e-commerce industry is taking the entirety of the space at Building E at Lehigh Valley Trade Center, which was developed as part of the 171-acre park’s third phase. Stream Realty Partners represented ShipBob in the lease negotiations. KBC Advisors represented the landlord, a partnership between Trammell Crow Co. and Clarion Partners. The deal brings the third phase of Lehigh Valley Trade Center to full occupancy.
ROCHESTER HILLS, MICH. — Rally House has signed a 17,542-square-foot retail lease at Winchester Center in Rochester Hills. Greg Newman and Jason Orow of Keystone Commercial Real Estate arranged the lease. The center is home to retailers such as Dick’s Sporting Goods, Burlington and Marshalls. Rally House continues its expansion across Southeast Michigan, offering a selection of local, collegiate and professional sports merchandise.
NEW YORK CITY — Howden has signed a 31,519-square-foot office lease in Midtown Manhattan. The global insurance brokerage firm is taking space on the 53rd floor at One Five One, a 1.8 million-square-foot tower located at 151 W. 42nd St. Sheena Gohil, Bob Rosenthal and Jack Senske of Colliers represented Howden in the lease negotiations. Tom Bow, Rocco Romeo and Nora Caliban represented the landlord, The Durst Organization, on an internal basis.
NEW YORK CITY — Cushman & Wakefield has negotiated a 14,000-square-foot office lease at 685 Third Avenue in Midtown Manhattan. The tenant, law firm Gallet Dreyer & Berkey LLP, will occupy the 28th floor of the 31-story tower, which recently underwent renovations. Garrett Varricchio, Mark Weiss and Michael Montesi of Cushman & Wakefield represented the law firm in the lease negotiations. BGO, the institutional investment firm formerly known as Bentall Green Oak, owns the building.
EDINA, MINN. — Arcadia, a 118,000-square-foot office building currently under construction in Edina, is now 71 percent preleased. Opus broke ground on the six-story, multi-tenant property in September. Completion is slated for December of this year. UBS Financial Services Inc. leased the entire fifth floor, totaling 29,126 rentable square feet. CBRE signed a lease for 15,746 square feet on the third floor. Opus and Opus-affiliated companies will occupy 38,386 square feet, with Opus taking the entire top floor and the affiliated companies occupying a portion of the fourth floor. Arcadia will feature gathering spaces, conference rooms, a large employee training room, private tenant clubroom, fitness center and landscaped outdoor terrace. Opus is serving as both developer and design-builder for the project. ESG Architecture & Design is the architect. Joe Conzemius, Larissa Bodine, Ann Rinde and Elle Westphal of CBRE are leading leasing efforts. Tom Tracy and John McKenna of Cushman & Wakefield represented UBS, while John Ferlita and John Lorence represented CBRE on an internal basis.
OVERLAND PARK, KAN. — Phase II of Bluhawk is slated to include a lineup of eight retail tenants, including L.L.Bean, Spavia Day Spa, JETSET Pilates, Chicken Salad Chick, Brookside Barkery & Bath, Amorino, Everbowl and Bruú Café, with additional tenants to come. Bluhawk is a 277-acre mixed-use development in the Kansas City suburb of Overland Park that is home to AdventHealth Sports Park. Price Brothers is the developer and manager of the project. L.L.Bean’s arrival marks the brand’s return to Kansas City. The store is slated to open in summer 2027. Italian gelato brand Amorino will make its Kansas City market debut and is also expected to open in summer 2027. Spavia Day Spa and JETSET Pilates are anticipated to open this fall. Phase II construction began in November 2025. J.Crew Factory, Buckle and Barnes & Noble are now open. Phase II connects the new offerings with the sports park. At Phase I, Swig and Saladworks recently opened, and Glow Sauna Studios is scheduled to open this month. A Holiday Inn Express by IHG hotel, developed and managed by Price Hospitality, opened in May, marking the first of three planned hotels at the development.
NEW YORK CITY — NormAI, which provides legal and compliance services, has signed a 64,313-square-foot office lease at One World Trade Center in Lower Manhattan. The space spans the entire 60th floor and part of the 61st floor. Scott Bogetti, James Wenk and Kirill Azovtsev of Savills represented NormAI in the lease negotiations. David Falk, Peter Shimkin, Hal Stein, Nathan Kropp and Paige Raisides of Newmark, along with internal agents Eric Engelhardt, Karen Rose and Sayo Kamara, represented the landlord, The Durst Organization, which developed the building in partnership with The Port Authority of New York and New Jersey.
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