FORT WAYNE, IND. — Starbucks Corp. and Chipotle Mexican Grill have signed 10-year leases to open at the planned Wood Creek Commons shopping center in Fort Wayne. The retailers are slated to open in the second quarter of 2024. Dave Horacek and Steve Chen represented the landlord, an entity doing business as BRV-V LLC, in both leases. Starbucks leased a 2,540-square-foot standalone building, while Chipotle leased a 2,325-square-foot standalone building.
DALLAS — An undisclosed electric vehicle (EV) company has signed a 15,110-square-foot industrial lease at The Archetype, an industrial redevelopment in West Dallas that was formerly known as Commonwealth Center. The deal brings The Archetype’s occupancy level to 86 percent. Chase Miller and Everett James of NAI Robert Lynn represented the landlord, North Texas-based developer M2G Ventures, in the lease negotiations. The tenant representative was not disclosed.
FORT WORTH, TEXAS — Holt Lunsford Commercial has negotiated a 10,800-square-foot industrial lease at Riverbend Business Park in Fort Worth. The 32-building, 1.4 million-square-foot development is located on the city’s east side. William Wilson and George Jennings with Holt Lunsford represented the landlord, Riverbend Properties, in the lease negotiations. The representative of the tenant, Worldwide Import Goods, was not disclosed.
RICHARDSON, TEXAS — Lee & Associates has negotiated a 12,159-square-foot industrial lease in the northeastern Dallas suburb of Richardson. According to LoopNet Inc., the building at 1601-1651 N. Glenville Drive was constructed in 1984 and totals 40,122 square feet. Jessica Reinhardt and George Tanghongs of Lee & Associates represented the tenant, archaeological services firm AR Consultants Inc., in the lease negotiations. Mark Aston and Mike Fay of Maverick Commercial Real Estate represented the landlord, Technology Properties LLC.
IRVING, TEXAS — Olympus Controls Corp. has signed a 10,747-square-foot industrial lease at Gateway South, a two-building, 80,176-square-foot industrial flex development in Irving. The provider of engineering and robotics services is expanding and relocating from its flagship location in the metroplex. Brian Mulvaney of Voit Real Estate Services represented the tenant in the lease negotiations. Erik Blais and Jared Laake of Bradford Commercial Real Estate Services represented the landlord, Dallas-based International Capital.
CHICAGO — Specialty insurance provider Argo Group has signed a new long-term lease at 24 E. Washington St., also known as the Marshall Field & Co. building, in Chicago. Argo’s lease is for roughly 20,500 square feet on the ninth floor. The company plans to begin operating out of its new office in early 2024. In 2021, owner Brookfield Properties completed a major restoration of the historic building, which has been listed on the National Register of Historic Places since 1978. Built in the early 1900s, the building served as the flagship location of the Marshall Field department store. The property rises seven stories and totals 636,000 square feet. This year, Ferraro North America, Olam International and Spot Logistics also signed leases at the property. Jeff Miller and Corey Siegrist of JLL represented Argo in its lease, while Jack O’Brien and JD Parcheta of The Telos Group represented Brookfield.
CRYSTAL LAKE, ILL. — Thinnes Transport Inc. has renewed its 91,267-square-foot industrial lease at 450 Congress Parkway in the Chicago suburb of Crystal Lake. John Joyce, Kenneth Franzese and John Cassidy of Lee & Associates represented the tenant, which is a family-owned freight transportation and logistics company. Dan Jones of Entre Commercial Realty represented the landlord, STAG Industrial Holdings.
LENEXA, KAN. — Enjoy Pure Food + Drink has signed a lease to open at Restaurant Row in Lenexa City Center. The 4,000-square-foot space will serve as the restaurant’s second location and is slated to open in fall 2024. Enjoy Pure Food + Drink is a health-forward restaurant offering breakfast, lunch and dinner as well as organic cold-pressed juices, smoothies, clean cocktails and a gluten-free and vegan bakery. John Nolan of Crossroads Real Estate Group represented the tenant, while Erin Johnston of Copaken Brooks represented ownership on an internal basis. Future phases of Restaurant Row call for an additional 10,000 square feet of retail and restaurant space and 50,000 square feet of office space.
WATERTOWN, MASS. — A pair of confectionaries, Blackbird Doughnuts and cookie maker Chip City, have opened stores at Arsenal Yards, a mixed-use development located in the western Boston suburb of Watertown. Grand opening celebrations for both stores took place last weekend. A partnership between Wilder Cos. and Boylston Properties owns Arsenal Yards.
HOUSTON — C&T Design & Equipment, which designs and furnishes restaurants and commercial kitchens, has signed a 19,886-square-foot industrial lease in northwest Houston. According to LoopNet Inc., the building at 9555 Baythorne Drive was constructed in 2001 and totals 28,576 square feet. Jim Cooper of Cypressbrook Co. represented the tenant in the lease negotiations. The landlord was an entity doing business as Texas KBC LLC.