SOUTH LYON, MICH. — World Custom Alterations is relocating its shop from Northville to downtown South Lyon, about 16 miles northeast of Ann Arbor. The tenant has leased a 1,500-square-foot space on West Lake Street. Michael Murphy of Gerdom Realty & Investment represented the undisclosed landlord.
Leasing Activity
TEANECK, N.J. — Vatech America, a manufacturer of dental imaging equipment, has signed a 16,262-square-foot office lease in the Northern New Jersey community of Teaneck. The space is located within the 670,000-square-foot, four-building Glenpointe mixed-use campus. Jeff Schotz, Peter Rossi, Dan Reider, Peter Kasparian and David Simson of Newmark represented the landlord, Alfred Sanzari Enterprises, in the lease negotiations. Harlan Hollander of Savills represented the tenant.
ALPHARETTA, GA. — IKEA plans to open a 4,306-square-foot store at Mansell Crossing, a shopping center located at 7681 North Point Parkway in the northern Atlanta suburb of Alpharetta. The landlord is New York-based Brixmor. The new store is among four small-format locations that IKEA announced in January, along with new stores in the greater Los Angeles area and Austin, Texas. Each store will allow customers to design and order home-furnishing solutions and products with help from IKEA experts, as well as pick up items once they’re shipped. The new Alpharetta store is set to open this summer. Other tenants at Mansell Crossing include REI, Five Below, TJ Maxx, DSW, Macy’s Furniture Gallery and Barnes & Noble. IKEA opened its prototypical store and warehouse location, which spans more than 366,000 square feet, in Atlanta’s Midtown area in 2005.
SAN ANTONIO — Architecture firm Corgan has signed a 5,000-square-foot office lease at Frost Tower, a 24-story building in downtown San Antonio that was completed in 2019. Corgan, which has had an office in San Antonio for 25 years, is relocating from the building at 1777 NE Loop 410. David Ballard and Parker LaBarge of CBRE represented Corgan in the lease negotiations. Christi Griggs, also with CBRE, represented the landlord, Weston Urban, which developed Frost Tower in partnership with Dallas-based KDC.
ANN ARBOR, MICH. — Edge Autonomy Energy Systems has signed a lease for an 85,000-square-foot industrial building located at 5775 Interface Drive in Ann Arbor. A producer of solid oxide fuel cells and ruggedized power solutions, Edge Autonomy Energy Systems and its legacy companies have operated in Ann Arbor for 20 years. The property on Interface Drive was originally a high-bay office building and will be converted to meet the tenant’s needs. Kyle Passage, Craig Herschel and Steve Langton of Cushman & Wakefield represented the tenant, while Matt Buslepp of Avison Young represented the landlord, Mansour Cos.
WILMINGTON, MASS. — JLL has negotiated a 111,119-square-foot industrial lease at Upton Crossing in the northern Boston suburb of Wilmington. The lease is for the entirety of the building at 38 Upton Drive, which features a clear height of 32 feet. Joe Fabiano, Jamey Lipscomb, Jordan Yarboro and Brian Tisbert of JLL represented the landlord, locally based developer The Davis Cos., in the lease negotiations. Rachel Marks and Chelsea Andre, also with JLL, represented the tenant, an undisclosed provider of medical devices and equipment.
SAN ANTONIO — Partners Real Estate has negotiated a 23,880-square-foot office lease in northeast San Antonio. According to LoopNet Inc., the property at 11711 IH-35 was built in 1994, renovated in 2009 and spans 186,337 square feet. Dan Gostylo and Steve Garza of Partners represented the tenant, Workforce Solutions, a provider of job-seeking services, in the lease negotiations. Adam Lippstone of Caisson Real Estate Brokerage represented the undisclosed landlord.
HOUSTON — Square Robot Inc., a provider of energy equipment and solutions, has signed a 14,200-square-foot industrial lease in northwest Houston. According to LoopNet Inc., the building at 12302 FM 529 was built in 2014 and totals 55,516 square feet. Christian Villarreal and Jack Gaffney of Finial Group represented the tenant in the negotiations for the seven-year lease. Brandon Wuntch and Drew Altmann of Fritsche Anderson Realty Partners represented the undisclosed landlord.
NEW YORK CITY — CoreWeave, a provider of cloud infrastructure services, has signed a 17,421-square-foot office lease at 33 Whitehall St. in Manhattan’s Financial District. CoreWeave will occupy the top floor of the 30-story building, which is known locally as Broad Financial Center. Jonathan Cope and Edward Goldman of CBRE represented the landlord, Stawski Partners, in the lease negotiations. Dan Posy and Ian Lipman of JLL represented the tenant.
NEW YORK CITY — Cushman & Wakefield has arranged a 13,671-square-foot office lease at 300 Park Avenue South in Midtown Manhattan. Rockrose Development owns the 14-story building, which was originally constructed in 1910. Josh Kuriloff, Matthias Li, Drew Braver, Remy Liebersohn and Heather Thomas of Cushman & Wakefield, along with internal agent Rob Fink, represented the landlord in the lease negotiations. Greg Wang, Christine Colley and Thomas Swartz of JLL represented the tenant, e-commerce firm 1stDibs.