Leasing Activity

PLANO, TEXAS — JLL has negotiated a 75,000-square-foot office lease at APEX at Legacy, a 220,000-square-foot building located at the intersection of Dallas North Tollway and Sam Rayburn tollways in Plano. The deal with the tenant, cloud-based educational software company PowerSchool, brings APEX at Legacy to 97 percent occupancy. Blake Shipley, Gini Rounsaville and Michael Williams of JLL represented the undisclosed landlord in the lease negotiations. Stephen Salomon, Will Haynes and Jad Charif of CBRE represented the tenant.

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GRAND PRAIRIE, TEXAS — Century Fire Protection, which provides fire extinguishers, alarms and sprinkler systems, has signed a 25,798-square-foot industrial lease in the central metroplex city of Grand Prairie. According to LoopNet Inc., the building at 1111 W. Carrier Parkway was constructed in 1984 and totals 65,203 square feet. Brad Balke of KBC Advisors represented the tenant in the lease negotiations. Canon Shoults, Maddy Coffman and Walker Floyd of Holt Lunsford Commercial represented the landlord, Sealy & Co.

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LYNDHURST, N.J. — Northcott Silk USA has signed a 38,728-square-foot industrial lease in the Northern New Jersey community of Lyndhurst. The textile company is taking about half the space at the building at 1050 Valley Brook Ave., which according to LoopNet Inc. features a clear height of 24 feet, seven exterior dock doors and 70 car parking spaces. Robert Adams of Garden State Realty brokered the deal. Saddleback Real Estate Developers owns the building.

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SOMERSET, N.J. — Sprouts Farmers Market will open a 28,750-square-foot grocery store in the Central New Jersey community of Somerset. The Phoenix-based grocer is taking space at the 219,000-square-foot Somerset Shopping Center. Vanessa Kelty and Ed Vasconcellos of Levin Management Corp. represented the undisclosed landlord in the lease negotiations. Mike Horn and Steven Winters of RIPCO Real Estate represented Sprouts. A tentative opening date has not yet been announced.

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DENTON, TEXAS — Arvato USA has signed a 269,600-square-foot industrial lease in the North Texas city of Denton. The Germany-based third-party logistics provider will occupy the entirety of Denton Logistics Center, a newly constructed building that features 32-foot clear heights. James Ewing with Colliers represented the tenant in the lease negotiations. Andrew Gilbert and Keaton Brice of Holt Lunsford Commercial represented the landlord, Brookfield Properties.

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AUSTIN, TEXAS — Creative Action, a youth arts education organization, will open a 25,000-square-foot headquarters at Mueller, a 700-acre mixed-use district in North Austin that is a redevelopment of a former municipal airport. The space will be housed across two levels within a two-story building and will include 15,000 square feet for performing arts and communal gathering functions. The other 10,000 square feet will house programming and administrative space.

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PRINCETON, N.J. — TRAC Intermodal has signed a 31,000-square-foot office lease in Princeton. The provider of logistics services is taking space on the third floor of the building at 600 College Road, which is part of the Princeton Point campus. Todd Elfand and Kevin Carton of Cushman & Wakefield represented the landlord, Nuveen Real Estate, in the lease negotiations. The tenant representative was not disclosed.

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ADAIRSVILLE, GA. — JLL has arranged a 691,667-square-foot, full-building lease at International Commerce Center, an industrial facility located northwest of Atlanta in Adairsville. The tenant is Pactra USA Inc., a third-party logistics firm and the U.S. subsidiary of South Korean company Pactra. Ben Pridemore and Ryan Hoyt of JLL represented the tenant in the lease negotiations. Matt Wirth and Scott Plomgren of BroadPoint Partners represented the landlord, Houston-based Welcome Group. International Commerce Center features 40-foot clear heights, 124 dock-high doors, four drive-in doors, 190-foot truck courts, 388 auto parking spaces and 254 trailer parking spaces. The property includes proximity to the I-75 corridor and the Appalachian Regional Port.

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FORT WORTH, TEXAS — Nestle USA has signed a 524,252-square-foot industrial lease renewal in North Fort Worth. The U.S. affiliate of the Swiss foodmaker will continue its operations at its namesake distribution facility at 13600 Independence Parkway for an unspecified term. David Eseke with Cushman & Wakefield represented the tenant in the lease negotiations. Matt Carthey of Holt Lunsford Commercial represented the landlord, Clarion Partners.

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DALLAS — Premier PV, a provider of solar photovoltaic products and services, has signed a 265,400-square-foot industrial lease in southwest Dallas. According to LoopNet Inc., the building at 4715 Mountain Creek Parkway was built in 2004, renovated last year and features 34.5-foot clear heights and six acres for future expansion or outdoor storage.Canon Shoults, Keaton Brice, Maddy Coffman and John Gorman of Holt Lunsford Commercial represented the landlord, CanTex Capital, in the lease negotiations. Jake Wilson of Site Selection Group represented the tenant.

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