HOUSTON — AJ Madison will open a 12,000-square-foot store and showroom in West Houston that will be the New York-based home appliance retailer’s first Texas location. The space is located within Piney Point Shopping Center, and the opening is scheduled for early next year. Eric Lestin and Michael Burgower of Cushman & Wakefield represented AJ Madison in the lease negotiations. Radkey Jolink and Greg Lee of Jolink Wallace Commercial represented the undisclosed landlord.
Leasing Activity
CHICAGO — Beacon Capital Partners has completed a $32 million renovation at 333 West Wacker Drive in Chicago. Since acquiring the building in June 2024, Beacon has leased more than 205,000 rentable square feet, increasing occupancy from 83 percent to 90 percent. The upgrades include an entirely new ground-floor lobby, a two-level fitness and wellness center, a rooftop tenant lounge and conference center, a renovated Goodwin’s deli and a new café and bar offering. Beacon is also underway on three new, fully furnished model suites totaling 30,000 rentable square feet that are set to deliver in November. Notable new tenants include JBT Corp., Forvis Mazars and Eclipse Business Capital. Lease expansions and extensions have been completed with FGMK; Kelley, Drye & Warren; and Teachers Retirement System of Illinois. Hines is the property manager, and The Telos Group provides leasing services for the property.
ORLANDO, FLA. — Global energy technology leader Siemens Energy has signed a lease totaling more than 242,000 square feet to relocate its Orlando offices to 6876 Marwick Lane within Lake Nona Town Center’s newest office building. The company will transfer its existing Alafaya Trail workforce to Lake Nona by 2027. Siemens’ lease is now considered the largest office lease in Orlando since 2009 and among the top three biggest in the city’s history, according to CoStar Group. Lake Nona Town Center was planned and developed by Tavistock Development Co.
ORLANDO, FLA. — CrossMarc Services has signed a lease with Sky Zone to anchor Waterbridge Downs, a 124,997-square-foot shopping center located in Orlando. The 42,000-square-foot active indoor entertainment park is slated to open in spring 2026 and will backfill the space formerly occupied by Big Lots. Sky Zone South Orlando will feature expanded launch slides, an enlarged toddler zone and dedicated space for after-school programs. Gabrielle Garcia will operate the new franchise location. Sky Zone South Orlando will join a mix of tenants at Waterbridge Downs that includes Family Dollar, The UPS Store, Aji Express Ceviche Bar and El Tenampa Mexican Restaurant.
CLEVELAND — Jones Day, a 130-year-old global law firm headquartered in Cleveland, has signed a 382,019-square-foot office lease renewal at North Point Tower in Cleveland. Jared Friedman and David Gimple of Friedman Real Estate negotiated the 10-year lease, which includes 30,622 square feet in the 1001 Building and 351,397 square feet encompassing the entire 901 Building. Friedman represented the landlord and also provides property management services for the two-building complex.
FLOWER MOUND, TEXAS — Florida-based Lakeview Loan Servicing has signed a 9,684-square-foot office lease in Flower Mound, located north of Fort Worth. The space is located within the 138,500-square-foot Lakeside International Office Center. Daryl Mullin and Lauren Halstedt of JLL represented the landlord, Realty Capital Management, in lease negotiations. Independent broker Amber Linville Gibson represented the tenant.
ATLANTA — Simon has introduced 18 new and expanded retailers debuting at Lenox Square, a 1.5 million-square-foot retail destination located in Atlanta’s Buckhead district. Nine of the tenants are now open and operating at Lenox Square, including three expanding concepts: Rolex, Burberry and Ferragamo. The other six opened stores are Good American, AllSaints, Ray-Ban, Rowan, Starbucks Coffee and Claire’s. Nine more concepts are set to open later this year, including IWC, Panerai, Mejuri, Cole Haan, Garage, Lovisa, Levi’s, Kelly’s Cajun Grill and Great American Cookie Company/Marble Slab. David Vinehout serves as Simon’s vice president of leasing at Lenox Square and Phipps Plaza, another high-end shopping mall in Buckhead that Simon owns and operates. Lenox Square is anchored by Bloomingdale’s, Neiman Marcus and Macy’s and includes 250 specialty stores and several restaurants, including The Cheesecake Factory, North Italia and True Food Kitchen.
CHICAGO — Clayco and its development subsidiary CRG, along with The Prime Group Inc., have inked 75,633 square feet of new leasing activity at the historic 35 E. Wacker Drive, known as The Jewelers Building in Chicago. Madison Rose has led the leasing efforts. The latest activity includes a 25,445-square-foot headquarters relocation by Sheridan Capital Partners, a 21,664-square-foot expansion by Clayco/CRG and a 21,666-square-foot renewal by architecture firm SmithGroup. JLL’s Pat Schenk and Bill Rogers represented Sheridan Capital Partners, a private equity firm focused on healthcare investments that is relocating from the Wrigley Building. Clayco expanded its footprint to 91,785 square feet and extended its lease term to 2035. The Jewelers Building has served as Clayco’s Chicago headquarters for more than 15 years. SmithGroup renewed its lease in a multi-year deal. Other recent renewals that bring the total to 75,633 square feet include Aprio and Selective Search. The Jewelers Building was constructed in 1926. Recent renovations to the building include new high-efficiency building systems and sustainability features. Amenities include a conference center, fitness facility and private parking garage.
FORT WORTH, TEXAS — The Maven, a coworking concept designed specifically for female professionals and entrepreneurs, has opened a 12,000-square-foot space at Sundance Square, a shopping and dining destination in downtown Fort Worth. The space will feature furnished offices, flexible desk layouts, lounges, dining areas, a lactation room, private meeting spaces and a conference room. Local brokerage firm LanCarte Commercial Real Estate is leasing the space.
WILMINGTON, DEL. — WSFS Bank has renewed its 74,000-square-foot office lease in Wilmington, Del. The subsidiary of WSFS Financial Corp (NASDAQ: WSFS) has been the namesake tenant at the building at 500 Delaware Ave., which is known locally as WSFS Bank Center, since 2006, accounting for about 92 percent of the leased space. Jeff Gannett of Virtus Realty Advisors represented the landlord, Buccini Pollin Group, in the lease negotiations. Ryan Connor of Tactix Real Estate Advisors represented WSFS Bank.