ST. LOUIS — Global design, architecture, engineering and planning firm HOK has unveiled plans to remain in downtown St. Louis once its lease expires in August 2025. The firm will keep its St. Louis office and 170 employees downtown. HOK currently works out of the Equitable Building at 10 S. Broadway, but is exploring other downtown office locations or the possibility of building out new space in the Equitable Building. HOK’s announcement came following the recent rollout of a new public-private partnership between the City of St. Louis and Greater St. Louis Inc. to accelerate efforts to revitalize the downtown area.
Leasing Activity
COPPELL, TEXAS — Bradford Commercial Real Estate Services has negotiated a 16,936-square-foot lease in Coppell, located in the northern-central part of the metroplex, for Ellis Elite Basketball Academy, which is backed by former NBA player Monta Ellis. The space is located within the 57,302-square-foot Sandy Lake Business Center. Erik Blais of Bradford represented the landlord, H2G Enterprises, in the lease negotiations. Ellis operates the business as Basketball Training Systems LLC, which is based in Missouri.
SAN ANTONIO — Furniture Marketing Group will open a new showroom in San Antonio’s Pearl District. The address and square footage of the new showroom were not disclosed. The opening is slated for October. The showroom will be the seventh for Furniture Marketing Group, joining locations in Plano, Houston, Austin, El Paso, Oklahoma City and Albuquerque.
NEW YORK CITY — Cushman & Wakefield has negotiated a 12,847-square-foot office lease renewal in Manhattan’s Plaza District. The building at 600 Lexington Ave. rises 36 stories and spans 305,472 square feet. Harry Blair, Connor Daugstrup and Bianca DiMauro of Cushman & Wakefield represented the landlord, Lex NY Equities LLC, in the lease negotiations. Daniel Posy and Jason Roberts of JLL represented the tenant, GLC Advisors, an independent investment advisory firm.
NEW YORK CITY — New Museum, an institution devoted to contemporary art, has signed a 5,850-square-foot office lease at 250 Bowery in Lower Manhattan. The space will house the museum’s administrative offices during its temporary closure, which stems from a 60,000-square-foot expansion project that began in November 2022 and is slated for an early 2025 completion. A joint venture of Taconic Partners, L+M Development Partners, BFC Partners, The Prusik Group and Goldman Sachs Asset Management owns the building.
T.J. Maxx, HomeGoods to Open at Beaufort Station Shopping Center in Coastal South Carolina
by John Nelson
BEAUFORT, S.C. — National retailers T.J. Maxx and HomeGoods are set to open new stores at Beaufort Station, a 200,000-square-foot shopping center coming on line in the Hilton Head suburb of Beaufort. Both brands are set to open tomorrow. The Morgan Cos. is the developer of Beaufort Station, which will feature nine anchor and junior anchor stores, including Hobby Lobby, Ross Dress for Less, PetSmart, Ulta Beauty, Old Navy, Five Below and Rack Room Shoes. Other tenants will include Aldi, Parker’s Kitchen, Panda Express, Chicken Salad Chick, Surcheros Fresh Mex, America’s Best and Mattress Firm. Other tenant announcements are expected in the near future. Beaufort Station is situated at the intersection of S.C. Highway 170 and Robert Smalls Parkway, about 27 miles north of Hilton Head.
HOUSTON — Partners Real Estate will expand and relocate its office headquarters to a 32,286-square-foot space at San Felipe Plaza, a 1 million-square-foot building in West Houston’s Galleria District. The full-service firm currently subleases space at the nearby building at 1360 Post Oak Blvd., a deal that expires next March. Dan Boyles and Griff Bandy internally represented Partners in the lease negotiations. New York-based Sovereign Partners owns San Felipe Plaza.
SUNNYVALE, TEXAS — Tom Thumb will open a new 58,000-square-foot grocery store in Sunnyvale, an eastern suburb of Dallas, that will have a coffeeshop, pharmacy and fuel station. Scheduled to open in late 2025, the store will be located within Gateway Park, a $124 million development that spans 240,000 square feet and features additional retail and restaurant space, as well as athletic facilities. The Sunnyvale Town Council approved $3 million in incentives for the store’s development.
HOUSTON — Nonprofit organization Omar Welfare Association has signed a 4,718-square-foot office lease in West Houston. According to LoopNet Inc., the building at 3030 S. Gessner Road spans 61,599 square feet and includes medical office space. Christian Villarreal and William Alcorn of Finial Group represented the undisclosed landlord in the lease negotiations. The representative of the tenant was also not disclosed.
OLATHE, KAN. — Hand & Stone Massage and Facial Spa has opened at 20160 W. 153rd St. in the Kansas City suburb of Olathe. Owned by Lisa and John Paulson, the spa marks the brand’s third location in Kansas. The husband-and-wife team plans to open two more spas in metro Kansas City. The Olathe location offers professional massage services, including Swedish, Himalayan salt, sports, deep tissue, oncology and prenatal. Guests can also enjoy hot stone massages, facials and Neveskin Cryo treatments. All services are performed by experienced estheticians and licensed massage therapists.