Leasing Activity

FORT WORTH, TEXAS — Tefute USA has signed a 9,000-square-foot industrial lease in Fort Worth. The roofing manufacturer is taking space at Riverbend Business Park, a development that consists of 1.4 million square feet of space across 32 buildings. Grayson Fleitz and Matt Carthey of Holt Lunsford Commercial represented the landlord, Riverbend Properties, in the lease negotiations. The tenant representative was not disclosed.

FacebookTwitterLinkedinEmail
One-Cabot-Road-Medford-Massachusetts

MEDFORD, MASS. — Cambridge Health Alliance has signed a 15-year, 56,000-square-foot healthcare lease in Medford, located north of Boston. The healthcare provider will occupy the second floor of One Cabot Road, a building that can also support office, life sciences and manufacturing uses, beginning in June. Deb Gould, Ali Cavanaugh and Rory Walsh of Newmark represented the landlord, The Davis Cos., in the lease negotiations. Paul Delaney, Adam Subber and Carter Sweabe of Cresa represented Cambridge Health Alliance.

FacebookTwitterLinkedinEmail

DETROIT — Domino’s Pizza has signed a lease to open an 1,800-square-foot location at Chene Square in Detroit. The retail center is located on East Jefferson Avenue and Chene Street. Michael Murphy of Gerdom Realty & Investment represented the corporate tenant. Benji Rosenzweig of Colliers represented the undisclosed landlord.

FacebookTwitterLinkedinEmail

DALLAS — Smoothie King has opened seven new stores in Texas through the first four months of 2025. The openings are part of the metro Dallas-based retailer’s expansion plans, which involved opening 13 new stores (inclusive of the Texas locations) across eight states in early 2025, as well as securing 20 new store commitments, with approximately 60 percent of the signings obtained with existing franchisees. The new agreement spans 15 different markets across 12 states, including multi-unit deals in New York and Phoenix.

FacebookTwitterLinkedinEmail

GRAPEVINE, TEXAS — Freight forwarding company IMPEX GLS has signed a 14,969-square-foot industrial lease in Grapevine, located in the northern-central part of the metroplex. According to LoopNet Inc., the building at 800 Industrial Blvd. was built in 2000 and totals 191,000 square feet. Andrew Gilbert and Keaton Brice of Holt Lunsford Commercial represented the landlord, Prologis, in the lease negotiations. Andrew Flores of Mercer Co. represented the tenant.

FacebookTwitterLinkedinEmail

BOSTON — CytoTronics, a life sciences company specializing in cell biology research, has signed a 14,000-square-foot lease in Boston’s Seaport District. The space is located within GENESIS 12 Farnsworth, a 73,000-square-foot former office building. CBRE represented the landlord, Phase 3 Real Estate Partners, in the lease negotiations. The tenant representative was not disclosed.

FacebookTwitterLinkedinEmail

GRAND PRAIRIE, TEXAS — ProSource Industries, a manufacturer of wire harnesses, cable assemblies and electrical control panels, has signed a 104,830-square-foot industrial lease in the central metroplex city of Grand Prairie. According to LoopNet Inc., the cross-dock facility at 602 Fountain Parkway was built on 13.8 acres in 1970, totals 300,705 square feet and features five drive-in bays, 16 exterior dock doors and 532 standard parking spaces. Langston Sutcliffe of Partners Real Estate represented the tenant in the lease negotiations. Stream Realty Partners represented the landlord, Dallas-based Leon Capital.  

FacebookTwitterLinkedinEmail

WEST PALM BEACH, FLA. — JLL Capital Markets has arranged the $40 million sale-leaseback of 1100 Banyan, a 70,131-square-foot office and TV studio building in West Palm Beach. Simon Banke, Matt McCormack, Joe Judge and Anna Schaffer of JLL represented the seller, The E.W. Scripps Co., and procured the buyer, a joint venture between Related Ross, Wexford Real Estate Investors and Key International. Cincinnati-based Scripps is leasing the entire property from the new ownership for a minimum of 2.5 years.  Completed in 2000, 1100 Banyan is a two-story building that houses Scripps’ WPTV news studio and office space. The fully leased property also includes a 170-space parking garage and 33 surface parking spaces.

FacebookTwitterLinkedinEmail

NEW BRAUNFELS, TEXAS — Sprouts Farmers Market will open a 23,434-square-foot store in New Braunfels, a northeastern suburb of San Antonio. The space is located within  Creekside Town Center, a 400-acre mixed-use development by Houston-based NewQuest. The store will be among the first in the region for the Phoenix-based grocer. Construction is underway, and the opening is slated for the first quarter of next year.

FacebookTwitterLinkedinEmail

NEW YORK CITY — Coworking concept ElevatedNY has signed a 26,000-square-foot lease expansion at The Hippodrome, a 620,000-square-foot building located at 1102 Avenue of the Americas in Midtown Manhattan. Designed by LB Architects, the expanded space features 18 fully furnished “team suites” that are designed to accommodate organizations of up to 12 people. ElevatedNY’s footprint within the 21-story building now encompasses 130,000 square feet across four floors. Edison Properties owns The Hippodrome.

FacebookTwitterLinkedinEmail