Leasing Activity

BEVERLY, MASS. — Axcelis Technologies, which supplies manufacturing equipment for the semiconductor business, has signed a 95,800-square-foot industrial lease in Beverly, a northern suburb of Boston. Axcelis will use the entirety of the building at 105 Sam Fonzo Drive for order fulfillment and distribution purposes. Richard Ruggiero, Matt Adams, Torin Taylor and Rory Walsh of Newmark represented the tenant in the lease negotiations. The representative of the landlord, a Massachusetts-based limited liability company, was not disclosed.

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BETHLEHEM, PA. — Regional brokerage firm Zimmel Associates has negotiated a 70,000-square-foot industrial lease in the Lehigh Valley city of Bethlehem. The 120,000-square-foot building at 2500 Emrick Blvd. was constructed in 2017 and features a clear height of 32 feet and 3,500 square feet of office space. David Zimmel of Zimmel Associates represented the tenant, Romeo & Layla Warehousing, in the negotiations for the seven-year lease. Locally based developer J.G. Petrucci Co. owns the building.

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AUSTIN, TEXAS — Harmony Public Schools has signed a 7,211-square-foot office lease extension in northwest Austin. The academic administrator will continue to occupy space at Building G at Amber Oaks, a 10-building park located along I-45. Patrick Ley and Jason Steinberg of Equitable Commercial Realty represented the undisclosed landlord in the lease negotiations. Nick Boyd of Nick Boyd Real Estate represented the tenant.

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NEW YORK CITY — Investment banking advisory firm Evercore has signed a 95,000-square-foot office lease expansion at Park Avenue Plaza, a 45-story, 1.2 million-square-foot building in Midtown Manhattan. Evercore’s additional space is located across floors 39 through 41, and the company now occupies about 500,000 square feet total at Park Avenue Plaza. Alan Desino of Colliers represented Evercore in the lease negotiations. Marc Packman, Charles Laginestra, Clark Briffel and Josh Fisher represented the landlord, Fisher Brothers, on an internal basis.

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KANSAS CITY, MO. — Academy Bank, a full-service community bank and family-owned subsidiary of Dickinson Financial Corp., has opened a new retail branch within the lobby of 1201 Walnut, a 29-story office tower owned by Copaken Brooks in downtown Kansas City. The bank also moved its corporate headquarters to three contiguous floors of the building totaling roughly 50,000 square feet. Additionally, the property now features Academy Bank signage. Of Academy Bank’s 71 branches, 23 are located throughout metro Kansas City. Sister bank Armed Forces Bank will maintain its headquarters in Fort Leavenworth, Kan.

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MEDLEY, FLA. — Prologis has signed Seaboard Marine Ltd. to two lease renewals at Prologis Palmetto Tradeport, an 880,000-square-foot industrial park in Medley, a city in Miami-Dade County. The two leases, for facilities located at 7800-7890 N.W. 80th St. and 8001 N.W. 79th Ave., total 308,000 square feet. Brian Smith of JLL represented Prologis in the lease transactions. Jonathan Kingsley of Colliers represented the tenant. Situated near Miami International Airport and PortMiami, Prologis Palmetto Tradeport is located adjacent to the Medley Metrorail Station and features three acres of outside storage. Seaboard Marine is a global ocean carrier offering shipping services between the Caribbean, North, Central and South America. The company, which is the largest cargo operator at PortMiami, has a 25-vessel fleet and more than 60,000 shipping containers.

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HOUSTON — Coworking and flexible workspace provider The Cannon will open a 21,960-square-foot space in Houston’s 265-acre Memorial City District. The space will span a full floor within Two Memorial City Plaza, which is part MetroNational’s three-building complex that recently received $30 million in capital improvements. Slated to open this spring, the space will feature 38 private offices and will be able to support more than 60 members.

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CHICAGO — Mattiq has signed a 17,377-square-foot at the Fulton Labs life sciences campus in Chicago’s Fulton Market. The clean chemistry company will occupy space on the sixth floor of 400 North Aberdeen. Mattiq is scheduled to move into the space in September and will focus on growing its electrochemical solutions portfolio to bring cost-competitive, low-carbon chemical products to market. Dan Lyne of CBRE represented ownership, Trammell Crow Co., in the lease. Max Zwolan and Scott Brandwein of JLL represented the tenant. Fulton Labs totals 725,000 square feet across two buildings.

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EDISON, N.J. — CBRE has secured an 80,250-square-foot industrial lease in the Northern New Jersey community of Edison. The building at 74 Carter Drive features a clear height of 32 feet, 14 loading docks and 29 parking spaces. Chad Hillyer, Kevin Dudley, Tristan Askew, Jake Westfall, Nicholas Klacik and Kate Granahan of CBRE represented the tenant, Roca Tile, which is relocating from nearby Carteret, in the site selection and lease negotiations. Wick Cos. owns the building.

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BOSTON — M&T Bank has signed a 39,000-square-foot office lease at Winthrop Center, an 812,000-square-foot mixed-use complex in downtown Boston. George O’Connor and Thomas Ashe of Cushman & Wakefield represented M&T Bank, which plans to move in this fall, in the lease negotiations. CBRE represented the landlord, New York City-based Millennium Partners. Other tenants at Winthrop Center include Deloitte, McKinsey & Company and ECG Management Consultants.

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