DT Midstream to Open National Headquarters in Downtown Detroit

DETROIT — DT Midstream Inc. (NYSE: DTM), a natural gas pipeline, storage and gathering provider, will open a new corporate headquarters within Bedrock’s Ally Detroit Center downtown. DTM is slated to occupy 26,000 square feet on the 29th floor beginning in November. The office space will accommodate up to 84 employees and will be home to the company’s executive leadership team. The Detroit headquarters will oversee assets in Pennsylvania, West Virginia, Ohio, New York, Louisiana and …

July 29, 2021Leasing Activity, Michigan, Midwest, Office

NAI Partners Negotiates Two Industrial Leases Totaling 130,903 SF in McAllen, Texas

MCALLEN, TEXAS — NAI Partners has negotiated two industrial leases totaling 130,903 square feet at 5700 S. International Parkway in the Rio Grande Valley city of McAllen. Marmon Foodservice Technologies, a manufacturer of restaurant equipment and supplies, leased 100,783 square feet, and pet products manufacturer Worldwise leased 30,120 square feet. Carlos Marquez of NAI Partners represented the landlord, Killam Development Ltd., in both sets of lease

July 29, 2021Industrial, Leasing Activity, Texas

KBS Signs Two Leases at Crossroads Distribution Center in Charlotte Totaling 100,000 SF

CHARLOTTE, N.C. — KBS has signed two leases at Crossroads Distribution Center, a 496,723-square-foot business park located in Charlotte. The leases exceeded 100,000 square feet and brought the property to full occupancy.The transactions include a long-term, 73,300-square-foot lease with Service Metal, a pipe fitting distributor, and a long-term, 26,933-square-foot lease with Caesarstone US, a quartz countertop manufacturer.Located at 11401 Granite St., Crossroads Distribution Center …

July 29, 2021Industrial, Leasing Activity, North Carolina, Southeast

JCH Negotiates Lease of 68-Unit Seniors Housing Community in Modesto, California

MODESTO, CALIF. — JCH Senior Housing Investment has arranged the triple-net lease of a 68-unit, 120-bed assisted living and memory care community in Modesto, approximately 80 miles south of Sacramento.The team at JCH led a marketing campaign for the landlords, a family-owned owner-operator that is seeking retirement. Throughout the pandemic, the facility struggled to maintain census and keep up with new requirements from licensing, ultimately leading to a licensing revocation …

July 28, 2021California, Leasing Activity, Multifamily, Seniors Housing, Western

PuttShack to Open 26,000 SF Minigolf Course, Restaurant in Downtown Houston

HOUSTON — Puttshack, an entertainment concept that combines tech-infused minigolf with food and beverage offerings, will open a new, 26,000-square-foot venue at The Shops at Houston Center in the city’s downtown area. Puttshack recently opened its first venue in Atlanta and has plans to open additional facilities in Chicago, Miami, Boston and Nashville. The opening of the Houston facility is slated for late 2022. Brookfield Properties owns The Shops at Houston Center in partnership with …

July 28, 2021Leasing Activity, Restaurant, Retail, Texas

Lou Malnati’s Pizzeria Selects 125,000 SF Facility in Buffalo Grove for Headquarters

BUFFALO GROVE, ILL. — Lou Malnati’s Pizzeria, famous for its Chicago deep-dish pizza, will consolidate several local properties and open a 125,000-square-foot headquarters in Buffalo Grove, a northern suburb of Chicago. The company will occupy space at 900-950 Busch Parkway in Lake County’s Corporate Grove Business Park. The property will serve as the company’s home office, e-commerce site, manufacturing plant and fulfillment center. Owned by The Missner Group, the building features …

July 27, 2021Illinois, Industrial, Leasing Activity, Midwest, Office

Duke Realty Signs Carolina Furniture Installations to Lease in Morrisville, North Carolina

MORRISVILLE, N.C. — Duke Realty Corp. has signed a lease with Carolina Furniture Installations, a locally based office furnisher, for a 12,673-square-foot space at the developer’s Perimeter Park 2700 building. The 86,266-square-foot property is located at 2700 Perimeter Park in Morrisville and is now fully leased.Located midway between Raleigh and Durham, Perimeter Park is situated just off N.C. Highway 54 near the intersection of Interstates 540 and 40. The property is also located 4.1 …

July 26, 2021Industrial, Leasing Activity, North Carolina, Southeast

Four Retailers Join Tenant Lineup at $1B Fenton Project in Metro Raleigh

CARY, N.C. — Williams Sonoma, Pottery Barn, Athleta and Von Kekel Aveda Lifestyle Salon Spa will join the first phase of Fenton, a 69-acre, $1 billion mixed-use project under construction in the Raleigh suburb of Cary. In Phase I, co-developers Hines and Columbia Development will deliver approximately 345,000 square feet of shops, restaurants and entertainment space; 200,000 square feet of office space; a 175-room boutique hotel; and a 357-unit apartment community that will begin preleasing …

July 23, 2021Development, Leasing Activity, North Carolina, Retail, Southeast

Alliance Ground International Signs 253,000 SF Industrial Lease in Elk Grove Village

ELK GROVE VILLAGE, ILL. — Alliance Ground International LLC has signed a 253,000-square-foot industrial lease at 1717 Busse Road in the Chicago suburb of Elk Grove Village near O’Hare. The airline cargo handling service will occupy the entire building, which features a clear height of 32 feet, 57 exterior docks, two drive-in doors, 25,000 square feet of office space and parking for 34 trailers and 186 cars. Jeffrey Provenza and Todd Hendricks of Darwin Realty/CORFAC International …

July 22, 2021Illinois, Industrial, Leasing Activity, Midwest

Berenberg Capital Markets Signs Office Lease Renewal, Expansion in Midtown Manhattan

NEW YORK CITY — Berenberg Capital Markets LLC has signed deals to renew and expand its office headquarters space at 1251 Avenue of the Americas in Midtown Manhattan. The company has renewed its 31,700-square-foot lease for the entire 53rd floor and will expand by 30,700 square feet to occupy the entire 52nd floor. Mitchell Konsker, Alexander Chudnoff and Benjamin Bass of JLL represented the tenant in the lease negotiations. David Falk and Peter Shimkin of Newmark represented the landlord, …

July 22, 2021Leasing Activity, New York, Northeast, Office

DT Midstream to Open National Headquarters in Downtown Detroit

NAI Partners Negotiates Two Industrial Leases Totaling 130,903 SF in McAllen, Texas

KBS Signs Two Leases at Crossroads Distribution Center in Charlotte Totaling 100,000 SF

JCH Negotiates Lease of 68-Unit Seniors Housing Community in Modesto, California

PuttShack to Open 26,000 SF Minigolf Course, Restaurant in Downtown Houston

Lou Malnati’s Pizzeria Selects 125,000 SF Facility in Buffalo Grove for Headquarters

Duke Realty Signs Carolina Furniture Installations to Lease in Morrisville, North Carolina

Four Retailers Join Tenant Lineup at $1B Fenton Project in Metro Raleigh

Alliance Ground International Signs 253,000 SF Industrial Lease in Elk Grove Village

Berenberg Capital Markets Signs Office Lease Renewal, Expansion in Midtown Manhattan

Recent Features

Seniors Housing Operators Adjust to Shifting Labor Landscape, Say Webinar Panelists

How Retail Landlords Can Create Value for Tenants in the Post-COVID World

InterFace Panel Predicts Wave of Student Housing Investment Sales Transactions in Second Half of 2021

How Criminals Use Real Estate to Launder Money, and What Can Be Done to Stop It

‘Power Panel’ at InterFace Event Provides Positive Outlook for Student Housing Sector Post-COVID-19

Recent Coronavirus News

Read the Digital Editions