EVANSTON, ILL. — COUR Pharmaceuticals has signed a 50,000-square-foot lease at Evanston Labs in Evanston. The company is relocating its headquarters, R&D lab and pilot manufacturing plant to the recently delivered project. COUR, a clinical-stage biotechnology company developing therapies to treat patients with autoimmune diseases, will occupy space across the eighth and ninth floors. Located at the southwest corner of Orrington Avenue and Clark Street, Evanston Labs is an advanced sciences lab building rising 10 stories and totaling 178,800 square feet. Completed earlier this year by Trammell Crow Co. (TCC), the development features a penthouse amenity center, outdoor terrace and health and wellness center.
Leasing Activity
RICHARDSON, TEXAS — Pepperidge Farm has signed a 45,406-square-foot industrial lease in the northeastern Dallas suburb of Richardson. The Connecticut-based commercial baker is taking space at the building located at 1405 E. Lookout Drive. Josh Barnes, Blake Troiani and Weston Porter of Holt Lunsford Commercial represented the landlord, Crow Holdings, in the lease negotiations. Micheal Paine of Cushman & Wakefield represented Pepperidge Farm.
HOUSTON — Stream Realty Partners has negotiated a 40,033-square-foot industrial lease in the Brookhollow neighborhood of northwest Houston. The tenant, Lindsey’s Office Furniture, is taking space at 7049 Brookhollow West Drive, which according to LoopNet Inc. totals 108,000 square feet and features 26-foot clear heights. Boone Smith and Garret Geaccone of Stream represented the landlord, STAG Industrial Holdings, in the lease negotiations. Patrick Wolford of Lee & Associates represented the tenant.
RICHARDSON, TEXAS — Locally based brokerage firm Holt Lunsford Commercial has arranged a 22,332-square-foot industrial lease renewal in the northeastern Dallas suburb of Richardson. The tenant is TJ Inspection Inc., which provides services for the energy industry. Josh Barnes and Weston Porter with Holt Lunsford represented the landlord, Dallas-based ATCAP Partners, in the lease negotiations.
MINNEAPOLIS — Kipsu has signed a 38,000-square-foot office lease at Butler Square, a historic office building totaling 367,717 square feet in downtown Minneapolis. The Frontline Customer Experience (FCX) software company will move into its new space on the seventh floor in January. Ann Rinde of CBRE represented the landlord, Butler Properties LLC. Brandon Megal of CBRE represented Kipsu. Butler Square is located within the Warehouse District at 100 N. 6th St. Built in 1906 and extensively renovated in 2020-2021, the nine-story building features amenities such as bike storage, new shower rooms, onsite childcare, a tenant lounge, Skyway access and a conference room.
WASHINGTON, D.C. — Milbank, an international law firm, has signed a 65,000-square-foot lease at 1101 New York Avenue, a 388,000-square-foot office building in Washington, D.C.’s East End. The office building is now 94 percent leased to firms including A&O Shearman, National Retail Federation, EY and Bloomberg. Dale Schlather, Malcolm Marshall and Alson Offutt of Cushman & Wakefield represented Milbank in the lease deal. Kyle Luby, Matt Pacinelli, John Klinke and Tim McCarty of Stream Realty Partners represented the landlord, a partnership between Oxford Properties Group and Norges Bank Investment Management. Jim Potocki of Oxford Properties was also part of the leasing team at 1101 New York Avenue, which has 28,000 square feet of availability.
HOUSTON — Lebco Industries has signed an 80,260-square-foot industrial lease in northwest Houston. The furniture manufacturer is taking space at 6913 Guhn Road, a single-tenant building that features 32-foot clear heights, 18 dock-high doors, 185-foot truck court depths and parking for 61 cars and 32 trailers. Jeremy Lumbreras and William Carpenter of Stream Realty Partners represented the landlord, Chicago-based First Industrial Realty Trust, in the lease negotiations. David Buescher and Geoff Perrott of JLL represented the tenant.
NOVI, MICH. — Three new retail tenants are joining the tenant line-up at Sakura Novi, an Asian-themed mixed-use development in Novi. Teso Life is a Japanese-themed department store specializing in snacks, cosmetics, homeware, kitchenware, stationery and toy collectibles. The company has 15 stores in New York, Texas, Arizona and Georgia with 15 more in development in several states. The 12,000-square-foot store at Sakura Novi will mark the brand’s first Michigan location. Paris Baguette is a Korean-owned bakery specializing in French and Asian pastries and baked goods, cakes, sandwiches, coffee and drinks. Paris Baguette’s 3,000-square-foot store at Sakura Novi will be the third location in Michigan. The company has 3,785 stores in South Korea, China, Malaysia, Vietnam and Indonesia, and 105 stores in the U.S. and Canada. Klawsome! will be the first standalone claw machine arcade in Michigan. This type of arcade features the opportunity to win kawaii-style stuffies from claw machines. The stuffies can be traded in for larger or more rare stuffed animals and anime figurines. This form of entertainment is popular in Japan and other Asian countries, as well as U.S. cities with large Asian populations. The three stores will join previously announced restaurants, including Mikiya Wagyu Shabu …
PLYMOUTH MEETING, PA. — Newmark has negotiated a 34,493-square-foot lease in Plymouth Meeting, a northwestern suburb of Philadelphia. The tenant, HVAC and plumbing services provider Donnelly’s Home Comfort Specialists, is taking space at the 143,000-square-foot industrial flex building at 1 Innovation Drive. Jim Dugan, Justin Bell and Patrick Nowlan of Newmark represented the landlord, Alliance HP, in the lease negotiations. The name of the tenant representative was not disclosed.
KATY, TEXAS — Freight and logistics firm Mars Shipping Service has signed a 43,475-square-foot office lease in the western Houston suburb of Katy. The property at 21331 Clay Road is located within Bridgewater Commerce Center. Garret Geaccone, Boone Smith and Abraham Richardson of Stream Realty Partners represented the landlord, Harbor Capital, in the lease negotiations. Rodney Henson of TopSky Realty Texas represented the tenant.