Leasing Activity

STAFFORD, VA. — JE Richards, an electrical components manufacturer serving the data center industry, has signed a full-building lease at Capitol Logistics 95, a nearly 935,000-square-foot industrial building in Stafford. The property is located at 211 Centreport Parkway near I-95. John Dettleff led the JLL team representing the landlord, Flint Development, in the lease negotiations. Michael DiMeglio and Michael Isen of NAI Michael represented JE Richards, which plans to employ roughly 500 staffers at the facility at full capacity.

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HOUSTON — Superior Energy Services has signed a 56,256-square-foot office headquarters lease in West Houston. The oilfield services company is relocating from 1001 Louisiana in downtown Houston to the 13-story, 225,024-square-foot building at 8020 Katy Freeway. David Guion and Lucian Bukowski of Stream Realty Partners represented Superior in the lease negotiations. The name and representative of the landlord were not disclosed. A timeline for occupancy was also not announced.

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MCKINNEY, TEXAS — Lee & Associates has negotiated a 28,212-square-foot industrial lease in the northern Dallas suburb of McKinney. The building at 320 Wilmeth Road is part of McKinney Trade Center, a 22.5-acre development that houses four buildings that range in size from 95,840 to 171,398 square feet. Brett Lewis and Taylor Stell of Lee & Associates represented the tenant, Blount Fine Foods, in the lease negotiations. Adam Graham and Ken Wesson, also with Lee & Associates, represented the landlord, ML Realty Partners.

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NEW YORK CITY — Fenwick & West has signed an 18,200-square-foot office lease expansion in Manhattan’s Flatiron District. The expanded space covers the entire 13th floor at 902 Broadway, and the law firm now occupies 72,800 square feet across four floors at the building, which was originally constructed in 1911. David Kleinhandler and Ken Rapp of CBRE represented Fenwick & West in the lease negotiations. The landlord, Koeppel Rosen, was self-represented.

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CHICAGO — Coworking concept Switchyards has inked two leases for additional locations in Chicago. JLL brokered both deals. Sarah Silva and Nicole Becker of JLL represented Switchyards and landlord Range Group in two simultaneous transactions — 2440 N. Lincoln Ave. in Lincoln Park and 1046 W. Kinzie St. in Fulton Market. Both clubs are scheduled to open Monday, Oct. 26.

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NEW YORK CITY — The New York City School Construction Authority (SCA) will open a 54,245-square-foot STEAM (Science, Technology, Engineering, Arts & Mathematics) school in The Bronx. The space will span two floors within Hutchinson Metro Center, a 361,857-square-foot mixed-use property in the borough’s Morris Park area that is owned by Simone Development Cos. The school is currently operating within a temporary space on Mercy University’s Bronx campus, serving about 100 students from local high schools.

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BEDFORD, MASS. — Affinity Group Food Service NE has signed a 13,000-square-foot office lease in Bedford, a northwestern suburb of Boston. The food-and-beverage sales and marketing company will relocate its headquarters this fall from Lawrence to Bedford Woods, a two-building, 330,000-square-foot complex that was developed in 2001. Cummings Properties owns Bedford Woods.

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SCHAUMBURG, ILL. — UrbanStreet Group has announced two retail leases for Veridian’s shopping, dining and entertainment district in Schaumburg. Entertainment concept Your Third Spot and Chicago-area breakfast and lunch restaurant Buttermilk Cafe will open storefronts in the project’s first phase. Veridian is the redevelopment of the former Motorola factory and office campus. Your Third Spot will open its first Chicago-area location at Veridian and its second location nationally, following one in Atlanta. The competitive socializing venue pairs dining and craft beverages with games and activities. Buttermilk Cafe is known for its stuffed breakfast biscuits, pancakes, burgers and all-day breakfast menu. The restaurant operates in Geneva, Naperville, Vernon Hills, Wilmette and Downers Grove. The Veridian location will total 4,000 square feet. Construction on Veridian’s first retail phase includes The Fresh Market, a 26,000-square-foot grocery anchor that is on track to open in early 2027. The 321 apartments above the retail space are slated to open next spring. The district’s parking deck and public road network are both complete. Mason Retail Group is leading retail leasing for Veridian. In 2015, Motorola announced it would relocate its headquarters to downtown Chicago. UrbanStreet Group bought the Schaumburg property in 2016 and spent the next …

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JOLIET, ILL. — Cullinan Properties has secured more than 500,000 square feet of executed deals current or coming to Rock Run Collection, including naming five additional national and regional retail tenants alongside the previously announced Dick’s House of Sport. The announcement was made as the developer broke ground for the retail components at the 310-acre, 1.3 million-square-foot project in Joliet. The newly named retail tenants to open in 2027 include Five Below, Maurices, Spencer’s, Buckle and Milano Nail Salon. Additional tenants will be released soon. The retail portion is adjacent to the new Hollywood Casino Joliet and The View apartment complex. The 120,000-square-foot Dick’s House of Sport is the first to be built from the ground up in the Chicagoland area.

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ST. PAUL, MINN. — The Minnesota Department of Natural Resources (DNR) has selected River Park Plaza in St. Paul for its new headquarters. The organization has signed a lease for 109,228 square feet across three floors plus space in the basement for a total of 124,520 rentable square feet. DNR will be relocating its headquarters from 500 Lafayette Road in St. Paul, where it has been based since 1985. The transaction represents one of the largest office leases completed in the Twin Cities in recent years. SARA Investment Real Estate owns River Park Plaza, which totals 330,000 square feet. Suntide Commercial Realty handles management and leasing for the property. Jeff Hart, Kevin Peck and Jim Kenney of Suntide represented the landlord in the lease with DNR, which expects to take occupancy in June 2027. At that point, the building will be 94 percent occupied.

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