NEW YORK CITY — NY E-Health Collaborative has signed a 15,000-square-foot office lease in Midtown Manhattan. The nonprofit networking organization for healthcare professionals is taking space at 5 Penn Plaza, which is located within Hudson Yards and was recently repositioned. Mitch Konsker, Christine Colley, Kristen Morgan, Greg Wang, Kate Roush and Dan Turkewitz of JLL represented the landlord in the lease negotiations. Joe Speck and Reid Longley of Colliers represented the tenant.
Leasing Activity
CHICAGO — Trammell Crow Co. (TCC) has inked leases with three tenants at 400 North Aberdeen within its Fulton Labs campus in Chicago’s Fulton Market neighborhood. The leases total approximately 40,000 square feet and include extensions and expansions from Portal Innovations and Chan Zuckerberg Biohub Chicago and a headquarters relocation for P33 Chicago. All three tenants are expected to occupy their new spaces by this summer. Portal Innovations is a venture development platform that invests financial, physical and human capital to fuel life sciences breakthroughs. The company has extended its existing lease of 40,000 square feet and grown its footprint to 53,000 square feet, expanding to the 10th floor. Portal’s expansion at its flagship location will help accommodate its growing portfolio, which now includes more than 50 companies. Portal also operates labs in Atlanta, Boston and Houston, and is opening a new lab in partnership with the University of Chicago in Hyde Park Labs. CZ Biohub Chicago is a biomedical research institute led by Shana Kelley, Ph.D and launched by Priscilla Chan and Mark Zuckerberg’s Chan Zuckerberg Initiative. Opened in 2024, the organization has extended its existing lease of 28,000 square feet and expanded to 41,000 square feet. The expansion …
HOUSTON — Intertec Instrumentation has signed a 20,200-square-foot industrial lease in northwest Houston. The provider of protective enclosures for field-based equipment will occupy the entirety of the building at 11050 W. Little York Road, which according to LoopNet Inc. was constructed in 2007 and includes 2,700 square feet of office space. Christian Villarreal and Jack Gaffney of Finial Group represented the tenant in the lease negotiations. The name and representative of the landlord were not disclosed.
ATLANTA — Online retailer Wayfair will open a 150,000-square-foot store within The District at Howell Mill in Atlanta’s West Midtown district. Located at 1801 Howell Mill Road NW, the new Wayfair store will offer a range of furniture, home décor, housewares, appliances and home improvement products. This venue will mark Wayfair’s second large-format location — as well as its second physical retail store overall — following its first store in Wilmette, Ill., that opened in May 2024. JLL Income Property Trust, a division of LaSalle Investment Management, and Atlanta-based Selig Enterprises, own The District at Howell Mill shopping center. Fraser Gough and Benton Green of Retail Planning Corp. led lease negotiations in the transaction.
WYNNEWOOD, PA. — Club Studio Fitness has signed a 50,000-square-foot retail lease in Wynnewood, a northwestern suburb of Philadelphia. The space within Wynnewood Shopping Center formerly housed a Bed Bath & Beyond store, and the new facility will feature a juice bar, cryotherapy recovery services and personal stretch stations. The opening is slated for next spring. Federal Realty Investment Trust owns Wynnewood Shopping Center.
LENEXA, KAN. — Sierra, a retailer of off-price merchandise operated by the TJX Cos., has opened across the street from Oak Park Mall at Orchard Corners Shopping Center in Lenexa. A grand opening took place Saturday, March 15. Rick Weiser of Block & Co. Inc. Realtors led the build-out of Sierra’s 19,000-square-foot space in partnership with Harmon Construction and CT Architects. The project started with a 37,000-square-foot, former SteinMart property that was split into two to welcome Sierra and Petco. Modifications included a new rooftop, mechanical systems, electrical and gas service, and a new façade. The location marks Sierra’s second in the region. Petco’s space is currently in the drawing stage and is slated for completion in December. David Block of Block & Co. negotiated both the Petco and Sierra lease transactions on behalf of ownership.
YOUNGSVILLE, N.C. — Eaton Corp., a publicly traded electric utility company based in Ireland, has signed a 550,000-square-foot industrial lease at US-1 North Commerce Center in Youngsville, approximately 23 miles outside Raleigh. Upon completion of the three-phase development, US-1 North Commerce Center will span five buildings across 1.4 million square feet. Summit Real Estate Group is the developer for the project. Foundry Commercial represented Summit Real Estate in the lease negotiations. Delivered in June 2024, the first phase — which was 90 percent preleased to three tenants — includes two buildings that total 394,000 square feet. Phase II — which comprises two additional buildings at 470,000 square feet — is slated for completion in the summer. Eaton Corp. will occupy the entirety of Phase III in an $18.3 million build-to-suit arrangement by the second-quarter 2026.
CrossMarc Services Adds Five New Tenants to Springs Plaza Shopping Center in Longwood, Florida
by John Nelson
LONGWOOD, FLA.— Winter Park, Fla.-based CrossMarc Services LLC has signed five new tenants to Springs Plaza, a 64,753-square-foot shopping center located roughly 15 miles north of Orlando in Longwood. Among the new tenants are Foxtail Coffee (1,179 square feet), Children’s Art Classes (2,350 square feet), Level Up Pilates (2,365 square feet), 5th Nail Lounge (2,649 square feet) and Turning Point Dance Studio (2,351 square feet). Flavia Kanyago internally represented CrossMarc, as well as Baltimore-based joint venture partner MCB Real Estate, in the lease negotiations. Other tenants at the center — which is now 95 percent leased — include Tijuana Flats, First Watch, Jersey Mike’s Subs, Hurricane Grill & Wings and Woof Gang Bakery & Grooming and a 58,000-square-foot Publix that shadow-anchors the property.
HOUSTON — EōS Fitness will open a 45,000-square-foot gym at West 8 Shopping Center in northwest Houston. The Dallas-based operator is backfilling a space at 9244 W. Sam Houston Parkway N that was previously occupied by LA Fitness. The opening is slated for 2026. Locally based development and investment firm NewQuest owns the center and represented itself in the lease negotiations.
FORT WORTH, TEXAS — Lee & Associates has negotiated a 20,000-square-foot industrial lease renewal in Fort Worth. The building at 391-399 N. Beach St. is located northeast of the downtown area. Phillip Rosenfeld of Lee & Associates represented the landlord, Tarrant County Properties, in the lease negotiations. Todd Hubbard of NAI Robert Lynn represented the tenant, National Bolt & Industrial Supply.