ROCHESTER HILLS, MICH. — Peace Love & Little Donuts has signed a lease to open a 1,164-square-foot location at the Papa Joe’s Plaza shopping center in Rochester Hills. Michael Murphy and Vicki Gutowski of Gerdom Realty & Investment represented the tenant, while Lawrence Randazzo of Hayman Co. represented the undisclosed landlord. Pittsburgh-based Peace Love & Little Donuts operates in 14 states.
Leasing Activity
ROCKWALL, TEXAS — Sprouts Farmers Market has opened a new store in Rockwall, a northeastern suburb of Dallas. The square footage of the store, which is located at 469 E. I-30, was not disclosed, but the prototypical Sprouts location spans about 30,000 square feet. For the Phoenix-based grocer, the store is the 51st in Texas, with roughly half of those located in the Dallas-Fort Worth metroplex, and the 419th nationwide.
IRVING, TEXAS — WellMed Medical Management has signed a 3,154-square-foot lease at 8403 Sterling St. in Irving. The medical office space is located within Commerce Office Park. Jason Finch and Michael Spain of Bradford Commercial Real Estate Services represented the landlord in the lease negotiations. Erik Sheets of Medcore Partners represented the tenant.
NEW YORK CITY — Hobby Lobby has opened a 42,000-square-foot store in Staten Island. The store at 280 Marsh Ave. is the Oklahoma-based arts and crafts retailer’s first in New York City and 25th in New York state. Brian Katz and Daniel DePasquale of Katz & Associates, along with Graeme Keith of The Keith Group, represented Hobby Lobby in the lease negotiations. Brookfield Properties owns the building.
MUSKEGO, WIS. — Midwest Twisters, a company that facilitates gymnastics, ninja and parkour for youth, has leased a 10,922-square-foot industrial space in Muskego, a southwest suburb of Milwaukee. The industrial flex property is located on Mercury Drive with convenient access to Racine Avenue, a main thoroughfare in Muskego. Anthony Stevens of NAI Greywolf represented the undisclosed landlord.
NEW YORK CITY — UpSlide, a provider of automated document solutions, has signed a 10-year, 9,536-square-foot office lease at 10 Grand Central in Midtown Manhattan. UpSlide will lease space on the sixth floor of the building, which was originally constructed in the 1930s and recently underwent a $45 million capital improvement program. Lexie Perticone of Cushman & Wakefield represented UpSlide in the lease negotiations. Mitchell Konsker, Kyle Young, Carlee Palmer, Simon Landmann and Thomas Schwartz of JLL represented the landlord, Marx Realty.
LIVINGSTON, N.J. — Two new tenants have joined the roster at Livingston Town Center, a 65,523-square-foot shopping center in Northern New Jersey. Bergen Debate Club and Monmouth Cards have leased 1,194 and 2,034 square feet, respectively. Kevin Pelio of Azarian Realty internally negotiated both leases on behalf of ownership and also represented Bergen Debate Club. Ryan Starkman of Pierson Commercial represented Monmouth Cards.
Dycom Industries Signs 40,000 SF Office Lease for New Headquarters at 300 Banyan in West Palm Beach
by John Nelson
WEST PALM BEACH, FLA. — Dycom Industries Inc., a specialty contractor serving the telecommunications and utilities industries, has signed a lease to anchor 300 Banyan, a six-story boutique office building in West Palm Beach. The company’s new headquarters will comprise the top two floors and span 40,000 square feet. Brian Gale and Anthony Librizzi of Cushman & Wakefield represented the landlord, Brand Atlantic Real Estate Partners and Wheelock Street Capital, in the lease negotiations. Derek Baker of Colliers represented the tenant. 300 Banyan is part of Brand Atlantic’s Banyan & Olive development along with 111 Olive, an adaptive reuse of a historic three-story building. Dycom’s lease brings 300 Banyan to 50 percent preleased. In addition to offices and private terraces, the office building features an 8,000-square foot restaurant with a garden dining room, sidewalk café and a private, six-story parking garage.
LOS ANGELES — FAT (Fresh. Authentic. Tasty.) Brands Inc., the Los Angeles-based parent company of 17 restaurant concepts, has inked a new development deal to open 20 new Johnny Rockets restaurants across Texas over the next 10 years. The locations were not disclosed, but the first restaurant is set to open sometime this year. The new locations will open in partnership with Brame Holdings LLC, a San Antonio-based private investment company with a portfolio of franchised restaurants and automotive stores.
HOUSTON — Locally based brokerage firm Oxford Partners has negotiated a 45,590-square-foot industrial sublease in northwest Houston. According to LoopNet Inc., the building at 7350 Langfield Road was constructed in 2012 and totals 120,953 square feet. Jacob Summers and Stephen Hazen of Oxford Partners represented the sublessee, food distributor Very Best of Texas Inc., in the lease negotiations. Savannah Smith and Joseph Smith of CBRE represented the sublessor, Cinch Kit LLC, a provider of cabinet refacing services.