BOLINGBROOK, ILL. — Charlene Products Inc., a beauty industry supplier, has signed a 26,886-square-foot industrial lease at 905 Carlow Drive in the Chicago suburb of Bolingbrook. Link Logistics owns the 256,070-square-foot building. Terry Grapenthin and Ryan Earley of Lee & Associates of Illinois represented the tenant, which is relocating and expanding from its prior location in Plainfield.
Leasing Activity
Enterprising multifamily players are shifting the industry’s views on community connectivity, elevating broadband from a stand-alone amenity into a performance booster for larger real estate strategies. Rather than leave their residents’ connection quality to chance, these developers, owners and managers are contracting with specialized internet service providers (ISPs) to blanket entire properties with high-speed Wi-Fi access for the best possible online experience. “On the operations side, rolling out community Wi-Fi lets us give residents the full connectivity they expect from other parts of their life, because all areas of the property function together for a seamless experience,” says David Walther, chief revenue officer at third-party property manager Asset Living. Asset Living manages more than 300,000 units at client communities including conventional multifamily, student housing, affordable and other property types across the country. At nearly all student housing and a growing share of the multifamily communities Asset Living manages, matrices of Wi-Fi access points keep residents and property teams alike online as they traverse the property, from inside residential units to pools, fitness centers, garages and other common areas. Earlier this year, Asset Living made internet service provider Pavlov Media a preferred national partner for bulk managed Wi-Fi at its communities. …
AUSTIN, TEXAS — PopStroke Entertainment Group, a golf-centric entertainment concept based in Florida, will open a new venue in Austin. PopStroke is assuming operations of The Pitch, a sports-themed entertainment hub on the city’s northeast side that was designed by Mark Odom Studio and developed by Karlin Real Estate. PopStroke will deliver a rebranded dining experience and upgraded event spaces, and the company will also operate The Pitch’s pickleball courts and introduce two new sand volleyball courts. The opening is set for the fall.
HOUSTON — Wright Close & Barger LLP has signed a 41,000-square-foot office lease in downtown Houston. The law firm will relocate from the Galleria area to the 30th and 31st floors of TC Energy Center, a 56-story, 1.2 million-square-foot tower located at 700 Louisiana St. The deal represents a footprint expansion of about 60 percent. Joshua Brown, Audrey Selber and Kaitlyn Duffie of Newmark represented the tenant in the lease negotiations. John Spafford of CBRE represented the landlord, M-M Properties.
NEW YORK CITY — Rabin & Partners LLP has signed a 10,881-square-foot office lease renewal in Midtown Manhattan. The family law firm will remain a tenant at 11 Times Square, a 40-story, 1.1 million-square-foot building located at the corner of Eighth Avenue and 42nd Steet. Sam Seiler of CBRE represented the tenant in the lease negotiations. SJP Properties owns 11 Times Square.
First Horizon Signs Lease to Occupy Three Floors at 110 East Office Building in Charlotte’s South End
by Abby Cox
CHARLOTTE, N.C. — Regional financial services company First Horizon Corp. has signed a lease at 110 East, a 370,000-square-foot office tower located in the South End neighborhood of Charlotte. Rhea Greene, Jennifer Kurz and John Hannon of Trinity Partners represented the landlord, a joint venture between Shorenstein and Stiles, in the lease negotiations. Bradley Rice of Fischer CRE represented the tenant along with internal representatives Tina Fullard and Joanna Britt of First Horizon. In the first half of 2026, First Horizon will relocate to 110 East, consolidating two of its current regional offices. As the anchor tenant, the firm will occupy 88,167 square feet across the top three floors of the building, bringing the tower to 70 percent occupancy. Other tenants include Coinbase, SPAR Media and SouthState Bank. 110 East was delivered in March 2024 and marks the tower’s first phase of a broader redevelopment plan to transform Charlotte’s South and East Boulevard into a walkable destination for office, retail and dining.
Vestar Signs Leases with Five New Retail Tenants at Verrado Marketplace in Suburban Phoenix
by Amy Works
BUCKEYE, ARIZ. — Vestar has signed leases with five new tenants at Verrado Marketplace, a 500,000-square-foot open-air lifestyle and entertainment center under development in Buckeye, roughly 35 miles west of downtown Phoenix. Retail and restaurant concepts including Sourdough & Co., See’s Candies, CityVet, Great Clips and NextCare are anticipated to open in May 2026 and will occupy a combined 10,000 square feet. Upon completion, Verrado Marketplace will offer a selection of retail, dining and service-oriented options. The new tenants will join a mix of anchors and national brands such as Target, Harkins BackLot, Safeway, Ross, Marshalls, HomeGoods, ULTA Beauty, Famous Footwear, Buckle, Bath & Body Works, European Wax Center and Zara Nails. A variety of eateries are also confirmed including Salt Tacos + Tequila, Shake Shack, Handel’s Ice Cream, Nekter Juice Bar, Thai Chili, Einstein Bros. Bagels, Tropical Smoothie and Hawaiian Bros Island Grill.
BARTLETT, ILL. — Brown Commercial Group has negotiated a 60,050-square-foot industrial lease at a newly constructed facility in the Chicago suburb of Bartlett. The tenant, Illinois Tool Works (ITW), has leased space at Blue Heron Business Park’s newest speculative building, which totals 166,573 square feet. Dan Brown and Mike Antonelli of Brown Commercial represented the developer and owner, Cratos Industrial. Dan Brown also represented Cratos in its original land purchase in 2024 and was retained as the leasing agent for the development. Bruce McConnell of Savills represented ITW.
AUSTIN, TEXAS — Biomedical engineering firm and medical device manufacturer Boston Scientific Corp. has signed an 11-year, 30,821-square-foot office lease at 3601 S. Congress Ave, just south of downtown Austin. The single-story building is part of Penn Field, a 16-acre campus that is a redevelopment of a former U.S. Army base. Local brokerage firm AQUILA Commercial, in partnership with CIM Group, represented the landlord, Creative Media & Community Trust Corp. (NASDAQ: CMCT), in the lease negotiations. The full-building lease brings Penn Field’s total occupancy to 93 percent.
HOUSTON — Stream Realty Partners has negotiated a 19,906-square-foot office lease expansion and renewal at Kirkwood Tower in West Houston. The 15-story, 286,000-square-foot building is located in the Energy Corridor and was recently purchased by affiliates of Apollo Global Management. Adam Ross and Danielle Rothchild of Stream represented the landlord in the lease negotiations. Campbell Puckett and Cooper Bagheri of Cushman & Wakefield represented the tenant, engineering firm Saulsbury Industries.