FORT WORTH, TEXAS — Single-family residential developer Highland Homes has signed an 8,500-square-foot office lease at Hillwood Commons II, a newly constructed office building located within the Alliance Town Center in North Fort Worth. The office will be the company’s fifth in Texas and will be able to support up to 175 employees. Scott Hobbs and Kim Lyon of Newmark represented Highland Homes, which plans to take occupancy this summer, in the lease negotiations.
Leasing Activity
FAIRFIELD, N.J. — ConnectiveRX, a provider of various support services for the healthcare industry, has signed a 19,371-square-foot office lease renewal in the Northern New Jersey community of Fairfield. ConnectiveRX is re-committing to its space at Greenbrook Executive Center, a 203,028-square-foot building owned by locally based investment firm Accordia Realty Ventures, on a short-term basis. Fred Hyatt and Derek DeMartino of JLL brokered the lease on behalf of ownership. Law firm Dwyer, Connell & Lisbona LLP also recently committed to a five-year renewal for its 7,731-square-foot suite at Greenbrook Executive Center.
CYPRESS, TEXAS — Colliers has negotiated a 142,100-square-foot industrial lease in the northwestern Houston suburb of Cypress. The tenant, 84 Lumber Co., will occupy the entirety of Barker Cypress Distribution Center. According to commercialsearch.com, the building sits on 12 acres and features 149 parking spaces and 3,574 square feet of office space. Wes Williams of Colliers and Conrad Bernard of Boyd Commercial represented the landlord, Molto Properties, in the lease negotiations. The tenant was self-represented.
DALLAS — Preziosa Stone has signed a 23,874-square-foot industrial lease in the Brookhollow neighborhood of northwest Dallas. The tenant is taking space at PROTO Park, a 250,000-square-foot industrial redevelopment by North Texas-based M2G Ventures. Sheenu George of KW Commercial represented the tenant in the lease negotiations. Sarah Ozanne and Lena Pierce of Stream Realty Partners represented M2G Ventures. The deal brings PROTO Park to full occupancy.
ATLANTA — GID Development Group has announced five more retail and restaurant concepts coming to High Street, the company’s $2 billion mixed-use development underway in Atlanta’s Central Perimeter submarket. The five newly announced tenants, totaling more than 31,000 square feet, include: — Jaguar Bolera: an “eatertainment” destination encompassing 21,500 square feet of food, beverage and entertainment space that will offer activities such as duckpin bowling, foosball, darts, board games and karaoke in private rooms; — South African restaurant concept Nando’s PERi-PERi, which will occupy a 3,300-square-foot flagship location with an 85-seat interior featuring South African art, lighting and furniture, as well as a patio for an additional 96 guests; — Velvet Taco’s second Atlanta location totaling 2,300 square feet; — Allen Edmonds, a high-end menswear retailer that is relocating its Park Place location to 1,800 square feet and will offer a custom shoe design studio; and — Skin Spirit, a med-spa concept that is opening its first location in Atlanta at High Street. Previously announced tenants include Puttshack, The Hampton Social, Agave Bandido, Cuddlefish, Ben & Jerry’s, and Sugar Coat. GID has secured over 80,000 square feet at High Street’s 150,000-square-foot retail footprint in Phase I, with additional new retailers and …
Glenstar Logistics Inks Three Industrial Leases Totaling 192,990 SF at Tri-County 75 in Fort Myers, Florida
by John Nelson
FORT MYERS, FLA. — Glenstar Logistics has inked three new leases at Tri-County 75 industrial park in Fort Myers totaling 192,990 square feet. Located at 6115-6150 Tri-County Commerce Way, the park is situated at the southeast corner of I-75 and Luckett Road. The new tenants include a Fortune 500 beverage company (56,705 square feet); Orlando-based Mechanical One (67,620 square feet), a home repair and maintenance company; and NB Handy (68,665 square feet), a Virginia-based distributor of metals, HVAC, commercial roofing and machinery products. Bob Johnston of Lee & Associates arranged the three leases on behalf of ownership. Ben Kuykendall of First Capital Property Group Inc. represented Mechanical One in the lease negotiations, and Danny Holly and Shawn Stoneburner of Cushman & Wakefield represented NB Handy. Tri-County 75’s general contractor, The Conlan Co., will be building out spaces for all three tenants. Developed in partnership with Columnar Holdings, Tri-County 75 spans 816,866 square feet across four buildings. Other members of the design-build team include architect Ware Malcomb and civil engineer DeLisi Fitzgerald. The project was delivered in October and is now 64 percent leased. Another 215,000 square feet of space is expected to execute shortly at Tri-County 75 to two undisclosed …
NEW YORK CITY — Advent International has signed a 10-year, 34,000-square-foot office lease at The Seagram Building in Midtown Manhattan. The private equity firm will occupy the entire 14th and 15th floors of the 38-story building, which is located at 375 Park Ave. and was originally constructed in 1958. Lindsay Ornstein, Patrick Robinson, Casey Noel and Kate Whitman of OPEN Impact Real Estate represented the tenant in the lease negotiations. A.J. Camhi and Paul Milunec represented the landlord, locally based investment firm RFR, on an internal basis.
PARSIPPANY, N.J. — Cushman & Wakefield has negotiated a 10,583-square-foot office lease renewal in the Northern New Jersey community of Parsippany. The tenant, Business Credentialing Services, is taking space at 199 Cherry Hill Road, which according to LoopNet Inc. was built in 1970, renovated in 2017 and totals 57,445 square feet. William O’Keefe and Courtney Rosenkrantz of Cushman & Wakefield represented the landlord, locally based investment firm The Birch Group, in the lease negotiations.
FORT WORTH, TEXAS — Lee & Associates has negotiated a 5,500-square-foot industrial lease in South Fort Worth. According to LoopNet Inc., the newly renovated building at 9727-9733 South Freeway was built in 1978 and totals 16,060 square feet. Taylor Stell and Schaefer Amos of Lee & Associates represented the landlord, Bleecker Partners, in the lease negotiations. The name and representative of the tenant were not disclosed.
CONROE, TEXAS — Law firm Griffin, Cain & Herbig has signed a 5,000-square-foot office lease in Conroe, about 40 miles north of Houston. The firm is taking space at the new Woodforest Bank Building, which occupies a full city block in the downtown area. Lisa Hughes of SVN | J. Beard Real Estate — Greater Houston represented Woodforest National Bank in the lease negotiations.