Wednesday, April 30, 2025
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Leasing Activity

DevelopmentIndustrialLeasing ActivityMarylandSoutheast

Webstaurant Store Signs 1.2 MSF Industrial Lease in Hagerstown, Maryland

by John Nelson

HAGERSTOWN, MD. — The Webstaurant Store LLC, an online restaurant supplier based in Pennsylvania, has signed a 1.2 million-square-foot lease for a new distribution center in Hagerstown, a city near the Maryland-Pennsylvania border. A partnership led by Baltimore-based MCB Real Estate is the landlord/developer of the 1.5 million-square-foot industrial park, dubbed Currwood Logistics Center. Cushman & Wakefield represented the landlord in the lease negotiations, while Newmark represented Webstaurant Store. Other member firms in the park’s ownership include Invesco Real Estate, Curated Development Group, Birchwood Capital Partners and Artemis Real Estate Partners. Currwood Logistics Center is situated near the intersection of I-70 and I-81 along Paul Smith Boulevard and will create 700 new jobs at full capacity, according to MCB. The property will serve as the hub of Webstaurant Store’s Northeast fulfillment network.

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IndustrialLeasing ActivityLee & AssociatesTexas

Lee & Associates Negotiates 31,835 SF Industrial Sublease in Carrollton, Texas

by Taylor Williams

CARROLLTON, TEXAS — Lee & Associates has negotiated a 31,835-square-foot industrial sublease in the northern Dallas metro of Carrollton. According to LoopNet Inc., the property at 1215 W. Crosby Road was built in 2014 and totals 184,855 square feet. Corbin Blount and Adam Graham of Lee & Associates represented the sublessor, Grand Fusion Housewares LLC, in the lease negotiations. Mike Cleary, Bill Buntyn and Danny Stimson of Colliers represented the sublessee, Accelevation LLC.

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IndustrialLeasing ActivityNew JerseyNortheast

Cushman & Wakefield Negotiates 469,000 SF Industrial Sublease in Piscataway, New Jersey

by Taylor Williams

PISCATAWAY, N.J. — Cushman & Wakefield has negotiated a 469,000-square-foot industrial sublease in the Northern New Jersey community of Piscataway. The subtenant, an affiliate of Henglin Home Co., will occupy the entirety of the space at 600 Ridge Road, which features 100 loading docks, two drive-in doors and parking for 310 cars and 85 trailers. Christine Eberle, Mindy Lissner, Bill Waxman, David Gheriani, Jeff Volpi and Morgan Nitti of Cushman & Wakefield represented the sublandlord, Kiss Products, in the sublease negotiations. The owner of the building was not disclosed.

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IllinoisLeasing ActivityMidwestOffice

Mintel Signs 30,000 SF Office Lease in Chicago’s Central Loop

by Kristin Harlow

CHICAGO — Mintel has signed a 30,000-square-foot office lease at 203 N. LaSalle, a 27-story office tower totaling 624,724 square feet in Chicago’s Central Loop. The global market intelligence agency has relocated from its 26,000-square-foot office at 333 W. Wacker Drive in the West Loop. The Chicago office is the only address that the organization maintains in North America. Kathleen Bertrand, Eric Myers and John Nelson of Transwestern represented ownership, Sumitomo Corp. of Americas. Transwestern handles leasing and management of the building. Michelle Wiedman of Wiedman Real Estate represented Mintel.

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Queens-Atrium
Leasing ActivityNew YorkNortheastOffice

LaGuardia Community College Signs 210,334 SF Office Lease Extension in Queens

by Taylor Williams

NEW YORK CITY — LaGuardia Community College has signed a 10-year, 210,334-square-foot office lease extension in the Long Island City area of Queens. The educational institution will continue to occupy four of the eight floors at Queen’s Atrium, a 425,300-square-foot building located at 30-20 Thomson Ave. that was originally built in 1914,. Ira Schuman of Savills represented LaGuardia Community College in the lease negotiations. Randall Briskin represented the landlord, The Feil Organization, on an internal basis.

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IllinoisIndustrialLeasing ActivityLee & AssociatesMidwest

Snyder’s-Lance Renews 72,956 SF Industrial Lease in Bedford Park, Illinois

by Kristin Harlow

BEDFORD PARK, ILL. — Food manufacturer Snyder’s-Lance Inc. has renewed its 72,956-square-foot industrial lease at 5025 W. 73rd St. in the Chicago suburb of Bedford Park. Jeff Janda and Brian Vanosky of Lee & Associates represented the undisclosed landlord. Sally Macoicz of Cushman & Wakefield represented the tenant.

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The-Madison-Addison
Leasing ActivityOfficeTexas

CheckSammy Signs 45,098 SF Office Lease Renewal, Expansion in Metro Dallas

by Taylor Williams

ADDISON, TEXAS — CheckSammy has signed a 45,098-square-foot office lease renewal and expansion in the northern Dallas metro of Addison. The waste management services provider is taking an additional 22,549 square feet at The Madison, a 288,000-square-foot building located at 15851 N. Dallas Parkway. Travis Boothe, Hanna Henley and Robbie Baty of Cushman & Wakefield represented the tenant in the lease negotiations. Michael Foster and Chris Andler represented the landlord, Property Advisers Realty, on an internal basis.

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IndustrialLeasing ActivityTexas

Partners Real Estate Negotiates 12,600 SF Industrial Lease in Northwest Dallas

by Taylor Williams

DALLAS — Partners Real Estate has negotiated a 12,600-square-foot industrial lease at 5131 Sharp St. in the Brookhollow neighborhood of Dallas. Hanes Chatham Jr. and Graham Dressel of Partners represented the tenant, McMahan’s Flooring Inc., in the lease negotiations. Turner Peterson with Mercer Co. represented the landlord, locally based investment firm CanTex Capital.

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Taunton-Trade-Center
IndustrialLeasing ActivityMassachusettsNortheast

Quality Custom Distribution Signs 135,000 SF Industrial Lease in Taunton, Massachusetts

by Taylor Williams

TAUNTON, MASS. — Quality Custom Distribution, a logistics company based in metro Dallas, has signed a 135,000-square-foot industrial lease in Taunton, located south of Boston and east of Providence. The space is located within Taunton Trade Center, a 584,640-square-foot development that features a clear height of 40 feet, 112 loading docks, 546 car parking spaces and 132 trailer stalls. Philip Verre and Pete Whoriskey of Cushman & Wakefield represented the landlord, Martignetti Cos., in the lease negotiations. Chon Kantikovit, also with Cushman & Wakefield, represented the tenant.

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IllinoisLeasing ActivityMidwestOffice

Inspira Financial Signs 51,000 SF Office Lease Renewal in Suburban Chicago

by Kristin Harlow

OAK BROOK, ILL. — Inspira Financial has renewed its 51,000-square-foot office lease at Commerce Plaza in the Chicago suburb of Oak Brook. Jon Springer and Gary Fazzio of CBRE represented the tenant, which is a health, wealth, retirement and benefits services provider. Located at 2001 Spring Road, Commerce Plaza is a 510,000-square-foot, Class A office campus made up of three interconnected buildings. Inspira plans on modernizing its space.

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