Leasing Activity

The-Wyatt-Lubbock

LUBBOCK, TEXAS — Houston-based developer McGrath Real Estate has completed the lease-up of The Wyatt, a 736-bed student housing project near Texas Tech University in Lubbock. The Wyatt, which is 100 percent occupied, offers one- through five-bedroom units that range in size from 570 to 2,041 square feet. Amenities include a pool, pickleball courts, an outdoor amphitheater, business center, fitness center, coworking space and pet-friendly facilities, as well as shuttle service to campus.

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AUSTIN, TEXAS — Virtu has signed a 55,000-square-foot office lease at The Republic, a 48-story office building in downtown Austin. The global financial services firm will occupy two high-rise floors. CBRE and Sage Realty NYC co-represented Virtu in the lease negotiations. A partnership between San Francisco-based DivcoWest, Phoenix Property Group and Lincoln Property Co. owns The Republic, and Lincoln also handles leasing efforts at the property.

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First-Logistics-Center-@I-83-York-Pennsylvania

YORK, PA. — Chicago-based REIT First Industrial Realty Trust (NYSE: FR) has leased the entirety of First Logistics Center @ I-83, a 708,000-square-foot building in the Central Pennsylvania city of York. The tenant was not disclosed. The address and specific features of the building were also not disclosed, but the site offers proximity to interstates 76, 81 and 78, as well as Harrisburg International Airport. Leah Balerno, Ryan Barros, Vincent Ranalli, Patrick Lafferty and Bill Pellington of CBRE represented First Industrial in the lease negotiations.

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NEW YORK CITY — Mercor, which organizes human intelligence to power the AI economy, has signed a 25,550-square-foot office lease at One World Trade Center in Lower Manhattan. The space is located on the 77th floor. Harry Singer of CBRE represented Mercor 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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EDWARDSVILLE, ILL. — Thyssenkrupp Supply Chain Services has signed a 769,000-square-foot industrial lease renewal and expansion at Lakeview V in Edwardsville near St. Louis. The transaction includes a three-year renewal of 600,000 square feet along with a 169,500-square-foot expansion. The tenant will now occupy the entire building. Peter J. Kepic and Peter E. Kepic of Colliers | Detroit represented Thyssenkrupp, with referral support from Dan Bamberger, Dan Lesinski and Billy Spence of Colliers | St. Louis. Thyssenkrupp originally leased space in the property in late 2024 following the closure of the former FedEx warehouse.

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AUSTIN, TEXAS — Jackson Walker has signed an approximately 110,000-square-foot office lease at The Republic, a 48-story office building in downtown Austin. The law firm will occupy three mid-level floors within the newly constructed building. CBRE represented Jackson Walker in the lease negotiations. A partnership between San Francisco-based DivcoWest, Phoenix Property Group and Lincoln Property Co. owns The Republic, and Lincoln also handles leasing efforts at the property.

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First-Park-New-Castle

NEW CASTLE, DEL. — Chicago-based REIT First Industrial Realty Trust (NYSE: FR) has leased the entirety of a 226,074-square-foot building in New Castle. The tenant was not disclosed. The building is the first to be developed within First Park New Castle and features a clear height of 40 feet. Dan Rattay and Colby Reeder of CBRE represented First Industrial in the lease negotiations. Construction of a second, 612,554-square-foot building  is now underway within First Park New Castle.

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HOUSTON — G&S Fasteners has signed a 19,200-square-foot industrial lease in northwest Houston. The supplier of industrial and construction equipment is taking space at the building at 7818 Kempwood Drive, which according to LoopNet Inc. is a 59,718-square-foot structure that was built in 1981. Stephen Golding of locally based brokerage firm Oxford Partners represented the tenant in the lease negotiations. Natalie Gilbert of Stream Realty Partners represented the landlord, a subsidiary of New York City-based private equity firm DRA Advisors.

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HOUSTON — Baker Katz has negotiated five leases totaling 9,548 square feet for Einstein Bros. Bagels in the greater Houston area. The spaces are located in the city’s Garden Oaks district and in the suburbs of Tomball, Spring, Baytown and Manvel. Lunden McGill and John Frazier of Baker Katz represented Einstein Bros. in all lease negotiations. Landlord brokers included Lindsey Lee and Rami Khoury of Blue Ox Group (Houston); Kristen Barker of Edge Properties (Tomball); Austen Baldridge and Diandra Breen of NewQuest (Spring); Anna Grace Mako of Fidelis (Baytown); and Kyle Knight of Weitzman (Manvel).

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EAST LANSING, MICH. — Law firm Fahey Schultz Burzych Rhodes PLC (FSBR) has signed a lease to open a new office in approximately 45,000 square feet of MSU Federal Credit Union’s Headquarters 2 building in East Lansing. Martin Commercial Properties led the coordination of the off-market transaction. Martin’s construction team will also lead the build-out of the new offices, with FSBR targeting a spring 2027 move-in. The lease agreement introduces a new use for space within Headquarters 2 that had previously supported the credit union’s internal operations.

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