HOUSTON — Locally based brokerage firm Cypressbrook Co. has negotiated a 41,274-square-foot industrial sublease in North Houston. According to LoopNet Inc., the building at 16420 W. Hardy Road was constructed in 1983 and totals 77,499 square feet. John Hornbuckle of Cypressbrook represented the subtenant, third-party logistics firm EN Group Corp., in the lease negotiations. Cape Bell of CBRE represented the sublandlord, Atosa Catering Equipment Inc.
NEW YORK CITY — GrowthCurve Capital LP has signed a 13,350-square-foot office lease in Midtown Manhattan. The private equity firm is relocating from 1301 Avenue of the Americas to the 33rd floor of the 990,000-square-foot building at 250 W. 55th St. Peter Turchin, Caroline Merck, Arkady Smolyansky and Ali Gordon of CBRE represented the landlord, Boston Properties, in the lease negotiations. Jonathan Luttwak and James Cassidy of DHC Real Estate Services, along with Louis D’Avanzo of Cushman & Wakefield, represented the tenant.
LENEXA, KAN. — Block & Co. Inc. Realtors has completed the lease-up of a former Stein Mart anchor space at Orchard Corners shopping center in Lenexa near Kansas City. Petco leased the remaining 18,500-square-foot endcap space and will join Sierra in backfilling the 37,000-square-foot space formerly occupied by Stein Mart. David Block of Block & Co. represented ownership in the leases with Petco and Sierra. Anchor tenants at Orchard Corners include Nordstrom Rack, TJ Maxx, HomeGoods and Michaels.
MARIETTA, GA. — Poag Development Group, a Memphis-based company formerly known as Poag Shopping Centers, has signed five new tenants at Avenue West Cobb in Marietta, roughly 20 miles northwest of downtown Atlanta. The Peach Cobbler Factory has opened a 1,400-square-foot restaurant at the property, with restaurant Le’ Zia scheduled to open later this month in a 9,580-square-foot space. Additionally, lifestyle brand J.Jill has signed a 3,840-square-foot lease and is scheduled to open this fall, along with Spirit Halloween, which will occupy 9,980 square feet at the center on a temporary basis. Jim ‘N Nick’s Community Bar-B-Q will also join the tenant lineup, opening a 5,874-square-foot restaurant this winter. JLL manages the property on behalf of Poag. Existing tenants at Avenue West Cobb include Barnes & Noble, Bob Steele Salon, GameStop, Jos. A. Bank, Panera Bread and Ted’s Montana Grill.
NEW YORK CITY — Stark Office Suites has signed an 11,816-square-foot office lease in Midtown Manhattan. The provider of executive suites and virtual workspace solutions is taking a full floor at 825 Third Avenue, a 530,000-square-foot building that recently underwent a $150 million capital improvement program. Tom Bow, Ashlea Aaron, Sayo Kamara and Bailey Caliban internally represented the landlord, The Durst Organization, in the lease negotiations. Craig Lemle and Roi Shleifer of Savills represented the tenant.
DALLAS — Law firm Cooper & Scully PC has signed a 47,900-square-foot office lease renewal at Founders Square in downtown Dallas. The seven-story 274,010-square-foot building at 900 Jackson St. was originally constructed in the early 20th century as a warehouse for the Higginbotham-Bailey-Logan Co. dry goods company and was converted to office use in 1984. Rhett Miller and Sam Bass of Stream Realty Partners represented the landlord, Charter Holdings Inc., in the lease negotiations. John Ellerman and Jeff Ellerman of CBRE represented the tenant.
HODGKINS, ILL. — LaGrange Crane Inc., a crane rental services company, has signed a 138,994-square-foot industrial lease renewal and expansion at 6800 Santa Fe Drive in Hodgkins, an industrial suburb of Chicago. The tenant currently occupies 74,766 square feet. Ryan Mullins and Nick Krejci of Core Industrial Realty represented the tenant. The landlord was undisclosed.
Content PartnerDevelopmentFeaturesLeasing ActivityMidwestMultifamilyNortheastPavlov MediaSoutheastTexasWestern
Cost-Effective Strategies, Future-Proofing for Multifamily Internet Infrastructure
In the rapidly evolving landscape of multifamily technology, owners and operators face a critical challenge to staying competitive. As demand for high-speed internet and robust connectivity grows, it is essential to adapt quickly. However, constantly upgrading infrastructure can be prohibitively expensive and time-consuming. The solution lies in future-proofing properties — building an adaptable infrastructure that can support unknown future technological needs. “Future-proofing is a matter of having infrastructure capable of supporting what we don’t know we will want later,” says Matt Williamson, lead sales engineer at Pavlov Media, which provides Wi-Fi, fiber-optic internet service and managed digital services to multifamily properties. Future-proofing involves implementing scalable and flexible communication systems that accommodate both current and emerging digital demands. By focusing on future-proofing, multifamily properties can meet residents’ increasing expectations for high-speed internet and comprehensive Wi-Fi coverage while also reducing operational costs and enhancing overall efficiency. Balance Current Needs with Future Trends “Multifamily residents now expect extremely high-speed internet connections in their units and throughout the entire property, including common areas like gyms, conference rooms, pools and walking paths,” Williamson says. Residents want robust internet connections for activities such as streaming, video calls and remote home monitoring. The importance of upload speeds …
MIAMI — Tom Brady Enterprises (TBE) Capital Management has signed an 8,415-square-foot office lease at THE WELL Bay Harbor Islands, a mixed-use project currently under development in Miami. TBE will relocate its headquarters to a 113,000-square-foot office building located at 1177 Kane Concourse within the development. Scheduled to open in 2025, the office building is currently 35 percent preleased. Blanca Commercial Real Estate, which serves as the leasing agent for THE WELL Bay Harbor, represented the landlord, Terra, in the lease negotiations. Colliers and Current Real Estate Advisors represented TBE. Upon completion, THE WELL Bay Harbor will also feature an eight-story condominium building, more than 22,000 square feet of amenities and a restaurant. Tom Brady Enterprises manages all business ventures of retired football player Tom Brady, including his portfolio of brands, which includes sportwear company BRADY Brands, wellness brand TB12, production company Religion of Sports and Autograph, which is dedicated to fan engagement. Brady played in the NFL for 23 seasons and won seven Super Bowls, six with the New England Patriots.
DALLAS — DFA Dairy Brands Fluid, a supplier of fresh milk, has signed a 26,203-square-foot industrial lease in the Owenwood area of Dallas. Holt Lunsford Commercial Investments owns the building at 5200 E. Grand Ave. Canon Shoults, Josh Barnes and Mitch Cantwell of Holt Lunsford’s brokerage division represented the landlord in the lease negotiations. The tenant was self-represented.