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Leasing Activity

FloridaLeasing ActivitySoutheast

CBRE Arranges 101,000 SF Industrial Lease in Palm Beach, Florida

by John Nelson

PALM BEACH, FLA. — CBRE has arranged a 101,000-square-foot lease at Turnpike Logistics Center in Palm Beach, a city in South Florida’s Palm Beach County. National Millwork — a door, hardware and millwork company serving the multifamily residential construction market — will relocate its headquarters to a portion of Building 2, located at 1715 Meathe Drive, this summer. Kirk Nelson, Robert Smith and Jeff Kelly of CBRE represented the developer and landlord, Dalfen Industrial, in the lease negotiations.

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Leasing ActivityRetailTexas

Three New Tenants Open Stores, Showrooms at Post Oak Plaza in Uptown Houston

by Taylor Williams

HOUSTON — Three new tenants have opened stores at Post Oak Plaza, a retail power center in Houston’s Uptown area. The 22,201-square-foot store of home furnishings retailer Arhaus is now open, as is the 9,597-square-foot store of Bassett Furniture and the 4,036-square-foot kitchen and bath showroom of Kohler. Locally based developer Levcor owns Post Oak Plaza, which recently underwent a capital improvement program and is now 98 percent leased.

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Leasing ActivityRetailTexas

BT Dealz Signs 15,477 SF Retail Lease in Lewisville, Texas

by Taylor Williams

LEWISVILLE, TEXAS — BT Dealz, which sells liquidated consumer products directly to customers, has signed a 15,477-square-foot retail lease for its first brick-and-mortar store in the northern Dallas suburb of Lewisville. David Zoller of Weitzman represented the undisclosed landlord in the lease negotiations. Al Paniagua of Swearingen Realty Group represented BT Dealz, which is taking a junior anchor endcap space at a center that is also home to Marshalls, Old Navy, Five Below and PetSmart.

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Leasing ActivityNew YorkNortheastOffice

MoneyLion Subleases 35,384 SF Former Twitter Office Space in Manhattan

by Taylor Williams

NEW YORK CITY — Financial technology firm MoneyLion Inc. (NYSE: ML) has subleased Twitter’s 35,384-square-foot former office space in Manhattan’s Chelsea area. The space encompasses the entire fourth floor of the 281,000-square-foot building at 245-249 W. 17th St., which was originally constructed in 1909 and renovated in 2014. William Iacovelli, Sacha Zarba, Lauren Crowley Corrinet, Elliot Bok and Connor DeSimone of CBRE represented X Corp. in the sublease negotiations. Eric Ladden of Cornerstone Realty and Jason Birk and Steve Marvin of Olmstead Properties represented MoneyLion. Columbia Property Trust owns the building.

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Leasing ActivityNew JerseyNortheastOffice

Bertone Piccini Signs 11,850 SF Office Lease Renewal in Hasbrouck Heights, New Jersey

by Taylor Williams

HASBROUCK HEIGHTS, N.J. — Law firm Bertone Piccini has signed an 11,850-square-foot office lease renewal in the Northern New Jersey community of Hasbrouck Heights. The firm has been a tenant at the 200,000-square-foot Heights Plaza complex, located at the junction of I-80 and U.S. Route 17, since 2013. Rob Norton of CBRE represented the tenant in the lease negotiations. Stephen Jennings represented the landlord, Alfred Sanzari Enterprises, on an internal basis.

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DevelopmentLeasing ActivityMidwestOfficeTop StoriesWisconsin

Fiserv Opens 170,000 SF Global Headquarters in Downtown Milwaukee

by John Nelson

MILWAUKEE — Fiserv Inc. (NYSE: FI), a global payment and financial tech solutions firm, has unveiled its new corporate headquarters in downtown Milwaukee. The 170,000-square-foot office space serves as the new global base for the company, which is relocating from nearby Brookfield, Wis., about 13 miles west of Milwaukee. The new Fiserv offices are part of HUB640, a mixed-use campus that also includes a small-format Kohl’s department store that opened in November. Other tenants include Eight Eleven Group, Abacus Architects and North Shore Healthcare, according to Founders 3 Real Estate Services, which is handling office leasing at HUB640. Chicago-based North Wells Capital LLC owns and operates HUB640. As part of the move, Fiserv was awarded $7 million in TIF (tax increment financing) funding from the City of Milwaukee, under the condition that the company retain 93 percent of its employee base at its new office space. “City of Milwaukee elected officials unanimously chose to partner with Fiserv on this project, and we are confident the decision will be applauded for many years to come,” says Milwaukee Mayor Cavalier Johnson. The new office building is located at 600 Vel R. Phillips Ave., a site that formerly housed the Boston Store, a local …

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Leasing ActivityRestaurantRetailTexas

Bright Realty Welcomes Eight New Food-and-Beverage Users to Flagship Development in Metro Dallas

by Taylor Williams

LEWISVILLE, TEXAS — Bright Realty has welcomed eight new food-and-beverage users to The Realm at Castle Hills, the locally based developer’s 324-acre mixed-use destination in the northern Dallas suburb of Lewisville. The tenants that have either recently opened or signed leases include: Marble Slab Creamery/Great American Cookies (1,600 square feet); Chinese and Indian restaurant The Monk’s (3,869 square feet); RT Bakery (1,507 square feet); Voodoo Brewing Co. (4,346 square feet); Bagel Bar (1,186 square feet); Ked’s Artisan Ice Cream & Treats (1,893 square feet); Cocinero Mexican Restaurant (3,800 square feet); and Bluebonnet Brunch House (2,479 square feet).

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Leasing ActivityNet LeaseNew YorkNortheast

Cushman & Wakefield Negotiates 27,667 SF Office Lease in Midtown Manhattan

by Taylor Williams

NEW YORK CITY — Cushman & Wakefield has negotiated a 27,667-square-foot office lease at 3 Times Square in Midtown Manhattan. The tenant, Atlanta-based law firm Kilpatrick Townsend & Stockton, will relocate from the W.R. Grace Building to the 28th floor of the 30-story building, which originally opened in 2001 and recently underwent a capital improvement program. Ron Lo Russo, John Cefaly, John Santora, Paige Engeldrum, Lou D’Avanzo, Mike Burgio and Dan Organ of Cushman & Wakefield, along with internal agent Tom Keating, represented the landlord, Rudin, in the lease negotiations. Mark Weiss and Sam Hollis Jr., also with Cushman & Wakefield, represented the tenant, which joins the likes of Touro University, Remy Cointreau and accounting firm Anchin, Block & Anchin

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IndustrialLeasing ActivityMassachusettsNortheastOffice

McPhail Associates Signs 12,739 SF Lease at Industrial Flex Property in Burlington, Massachusetts

by Taylor Williams

BURLINGTON, MASS. — Geotechnical engineering services firm McPhail Associates has signed a 12,739-square-foot lease at an industrial flex property in Burlington, a northwestern suburb of Boston. According to LoopNet Inc., the property at 42-44 Third Ave. was originally constructed in 1966 and totals 25,521 square feet. ABG Commercial Realty represented the landlord, Nordblom Management Co., in the lease negotiations. The representative of the tenant was not disclosed.

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IndustrialLeasing ActivityLee & AssociatesTexas

Lee & Associates Negotiates 8,710 SF Lease at Industrial Flex Complex in Richardson, Texas

by Taylor Williams

RICHARDSON, TEXAS — Lee & Associates has negotiated an 8,710-square-foot lease at Arapaho Place, a 151,728-square-foot industrial flex complex located in the northeastern Dallas suburb of Richardson. Jessica Reinhardt, George Tanghongs and Ally Tanghongs of Lee & Associates represented the landlord, an entity doing business as Dallas North Industrial LLC, in the lease negotiations. Nathaniel Barrett of White Rock Realty represented the tenant, Indian software developer Incresol Inc.

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