Concept Laboratories Signs 119,388 SF Industrial Lease in Chicago

CHICAGO — Concept Laboratories Inc. has signed a 119,388-square-foot industrial lease at 4920 S. Central Ave. in Chicago. The designer and manufacturer of personal care and household products will relocate from 83,091 square feet at 4404 W. Ann Lurie Place when the lease commences in February 2019. The property on Central Avenue spans 461,750 square feet and includes 20 exterior docks, 12 interior docks and direct access to I-55. Mike Senner and Ned Frank of Colliers International represented …

October 18, 2018Illinois, Industrial, Leasing Activity, Midwest

Merchant & Gould to Relocate Minneapolis Office

MINNEAPOLIS — Merchant & Gould, a full-service intellectual property law firm, has unveiled plans to relocate its Minneapolis office from the IDS Center to Fifth Street Towers. The firm will occupy 40,246 square feet on the 21st and 22nd floors beginning in August 2019. Paul Donovan, Jaclyn May and Jeremy Striffler of Cushman & Wakefield represented the tenant in the lease transaction. Jennifer Stumm of Cushman & Wakefield will oversee the buildout of the space on the client’s …

October 18, 2018Leasing Activity, Midwest, Minnesota, Office

JLL Negotiates 130,816 SF Industrial Lease in Greenville, Texas

GREENVILLE, TEXAS — JLL has negotiated a 130,816-square-foot industrial lease at 1001 Ed Rutherford Drive in Greenville, a city located about 50 miles northeast of Dallas. Chris Stout and Craig Phelps of JLL represented the tenant, Pennsylvania-based Chelsea Building Products, and the undisclosed landlord in the lease negotiations. The property, which previously housed a plastic injection molding company, will be Chelsea’s second production facility in the

October 17, 2018Industrial, Leasing Activity, Texas

Assurance to Relocate Headquarters to Schaumburg, Illinois

SCHAUMBURG, ILL. — Assurance Agency Ltd. has signed a 75,000-square-foot office lease to relocate its headquarters to Woodfield Preserve Office Center in Schaumburg. Bill Elwood and Rob Graham of CBRE represented the landlord, Zeller Realty Group (ZRG), in the lease transaction. Jesse Van Dyke of JLL represented Assurance, which will relocate to the property in 2019. The independent insurance brokerage firm will occupy a portion of the first floor and the entire sixth floor. ZRG has …

October 17, 2018Illinois, Leasing Activity, Midwest, Office

Core5 Completes First Phase of 2.5 MSF Logistics Center in Metro Memphis

HORN LAKE, MISS. — Atlanta-based Core5 Industrial Partners has completed its first two inventory buildings at DeSoto 55 Logistics Center, a business park in Horn Lake, a Mississippi town within the greater Memphis market. Situated along the Interstate 55 corridor, the 175-acre business park will feature more than 2.5 million square feet of Class A space once fully developed. The first phase included Building A1, a 581,475-square-foot cross-dock facility that is expandable to more than 1 …

October 16, 2018Development, Industrial, Leasing Activity, Mississippi, Southeast

Paper Company Renews 69,577 SF Industrial Lease in Irving

IRVING, TEXAS — Canadian paper manufacturer Domtar has renewed its 69,577-square-foot industrial lease at 9001-9015 Sterling St. in Irving. According to LoopNet Inc., the Class B property was built in 1985 and totals 200,666 square feet. Canon Shoults of Holt Lunsford Commercial represented the landlord, Brookfield, in the lease

October 16, 2018Industrial, Leasing Activity, Texas

Common Desk to Open 18,085 SF Coworking Office Space in Dallas’ West End

DALLAS — Dallas-based Common Desk will open Common Desk — Factory Six03, an 18,085-square-foot coworking office space in the West End area of Dallas. The opening is set for early next year. The space will be the company’s second location with Plano-based investment and development firm Granite Properties and its sixth location in North Texas. Tenants at the new space will have access to a rooftop lounge and a food

October 16, 2018Leasing Activity, Office, Texas

Solar Energy, Roofing Company Signs 17,986 SF Office Lease in Troy, Michigan

TROY, MICH. — Power Home Solar & Roofing has signed a 17,986-square-foot office lease at 500 Stephenson Highway in Troy. The Mooresville, N.C.-based company specializes in solar energy and roofing services. The Troy office will enable the company to address ongoing growth and expansion of call center operations. Aaron Smith and Mason Capitani of L. Mason Capitani CORFAC International represented the tenant in the lease transaction. The landlord was not

October 16, 2018Leasing Activity, Michigan, Midwest, Office

Salesforce to Expand Regional Headquarters in Atlanta, Adding 600 New Jobs

ATLANTA — Salesforce (NYSE: CRM), a customer relationship software and services provider, is set to expand its regional headquarters in Atlanta. The company will grow its current footprint in The Atlanta Plaza, located in the city's Buckhead district, which will now be known as Salesforce Tower Atlanta. The lobby, and each new floor set for occupancy by the company, will be renovated as part of the expansion. Salesforce currently occupies four floors of The Atlanta Plaza …

October 16, 2018Georgia, Leasing Activity, Office, Southeast, Top Stories

BP Lower 48 Signs 91,000 SF Office Lease in Houston’s Energy Corridor

HOUSTON — BP Lower 48, a Denver-based subsidiary of oil and gas giant BP, has signed a 91,000-square-foot office lease at West Memorial Place, a 716,000-square-foot office campus located in Houston’s Energy Corridor. The two-building property, which is owned by Skanska, features a fitness center, café, car wash service and surrounding hiking trails. Louis Rosenthal and Anya Marmuscak of JLL represented BP Lower 48 in the transaction. The company will move in later this

October 15, 2018Leasing Activity, Office, Texas