PLANO, TEXAS — Atlantic Aviation has signed a 26,608-square-foot office lease in Plano. The provider of aircraft ground support services will occupy a full floor at Granite Park 6, a 422,109-square-foot building that was completed in 2023. Ryan Hoopes and Tom Sutherland of Cushman & Wakefield represented the tenant in the lease negotiations. Robert Jimenez, Burson Holman and Elizabeth Fortado represented the landlord, Granite Properties, which owns the property in partnership with Raleigh-based REIT Highwoods Properties, on an internal basis. The deal brings the building to 26 percent occupancy.
Leasing Activity
KANSAS CITY, MO. — Wingstop has leased 1,600 square feet at Frolics Plaza Shopping Center in Kansas City. Jody Minder of Block & Co. Inc. Realtors represented the undisclosed landlord, while Andrew Sandburg of Lane4 Property Group represented the tenant. Construction will start immediately to devise the 3,250-square-foot space, with 1,600 square feet utilized for Wingstop and the remaining available for lease. Wingstop is expected to open in summer 2025. Frolics Plaza is home to Rainbow Chinese Restaurant, Ixtapa Fine Mexican Cuisine, Moti Mahal Indian Restaurant, ISmoke Vape Shop and Smoothie King. Block & Co. handles leasing and management of the property.
DALLAS — Locally based brokerage firm Holt Lunsford Commercial has negotiated a 25,970-square-foot industrial lease in southwest Dallas. According to LoopNet Inc., the building at 4301-4311 Shilling Way was originally constructed in 1971 and totals 74,373 square feet. Canon Shoults and Mitch Cantwell of Holt Lunsford represented the landlord, Boston-based private equity firm Taurus Investment Holdings, in the lease negotiations. The representative of the tenant, Sunmetals Products of America, was not disclosed.
CEDAR HILL, TEXAS — Kids Empire will open a 10,527-square-foot indoor playground in the southwestern Dallas suburb of Cedar Hill. The space is located within Hillside Village, a 615,000-square-foot, open-air power center that anchored by Dick’s Sporting Goods, Barnes & Noble, Old Navy and H&M. Gretchen Miller, Emilie Paulson and Bryn Carden of Weitzman represented the landlord, PREP Property Group, in the lease negotiations. Robin Barrow and Eddie Liebman, also with Weitzman, along with Austin Diemer and Shelby Pedroza with E & R Property Group, represented Kids Empire.
Southern California Gas Leases 198,553 SF at City National 2CAL in Downtown Los Angeles
by Amy Works
LOS ANGELES — Southern California Gas Co. (SoCalGas) has signed a long-term lease for 198,553 square feet of office space at City National 2CAL in downtown Los Angeles. CIM Group owns the 1.4 million-square-foot, 52-story office building at 350 S. Grand Ave. in downtown’s Bunker Hill district. SoCalGas will relocate to City National 2CAL from its namesake downtown Los Angeles building, Gas Company Tower, where it has been located since the building’s opening in 1991. At its new space, SoCalGas will have project and building top signage at the property. Geno St. John from CIM Group’s in-house office leasing team, in partnership with Peter Hajimihalis and Hayley Blockley of JLL, represented the owner in the lease negotiations. Clay Hammerstein and Danny Rees of CBRE represented the tenant.
PHILADELPHIA — Grocery chain GIANT will open a 50,000-square-foot store at Andorra Shopping Center in Philadelphia. The center’s owner, Federal Realty Investment Trust, will develop the grocery space from the ground up beginning next year and also reposition 30,000 square feet of existing retail space. The two projects represent a combined investment of $25 million. Repositioning plans include the addition of landscaped plazas, outdoor dining and curbside pick-up spaces as well as expanded sidewalks.
HOBOKEN, N.J. — Sumitomo Mitsui Trust Bank has signed a 30,000-square-foot office lease in Hoboken. The affiliate of the Japanese lender is taking space on the ninth floor of Building 1 at Waterfront Corporate Center, a 1.5 million-square-foot complex owned by New York City-based SJP Properties. Harrison Russell of Newmark represented the tenant in the lease negotiations.
COCONUT CREEK, FLA. — Four new tenants have signed leases at Promenade at Coconut Creek, a shopping center located in Coconut Creek, approximately 15 miles north of downtown Fort Lauderdale. Fragrance store Orientica is now open at the property, within a 1,045-square-foot space. Karma Bath & Body Co. is scheduled to open a 1,868-square-foot store later this month, and My Phone Lab and Happy Monkey will occupy 1,801 and 1,000 square feet, respectively, beginning in October. Avison Young manages and leases Promenade at Coconut Creek on behalf of the owner, Charlotte-based Hill Partners Inc.
ALLEN, TEXAS — Newmark has negotiated an 15,000-square-foot office headquarters lease at The Farm, a 135-acre mixed-use development located in the northeastern Dallas suburb of Allen. The tenant, Fibergrate Composite Structures, a provider of composite building materials and anti-slip surfaces, will move in to the 102,000-square-foot FARMWorks One building early next year. Nathan Durham and Duane Hendley of Newmark represented the landlord, JaRyCo, in the lease negotiations. Mac Morse, Jakey Younger and Scott Morse with Citadel Partners represented the tenant.
FORT WORTH, TEXAS — Cheeseburger restaurant chain Smalls Sliders has signed a new franchise deal to open six new restaurants in the Fort Worth metro area. Franchisee Brett Stewart will operate the restaurants, which are dubbed “Cans.” Locations will include Fort Worth, White Settlement, Weatherford, Granbury, Cleburne and Stephenville. The first of the new units is scheduled to open in 2025. Smalls Sliders was founded in 2019 and now has a portfolio of more than 300 restaurants currently open or under development.