Leasing Activity

PASADENA, TEXAS — Harbor Freight Tools has signed a 20,810-square-foot retail lease in Pasadena, an eastern suburb of Houston. The California-based hardware and home improvement retailer is backfilling a space formerly occupied by Goodwill. Jeff Scarborough of Scarborough Commercial Real Estate represented Harbor Freight in the lease negotiations. Bob Conwell represented the landlord, locally based developer NewQuest Properties, on an internal basis. The store is expected to open before the end of the year.

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HALLANDALE BEACH, FLA. — New office and retail tenants have signed leases totaling 43,000 square feet at the third phase of Atlantic Village, a 308,253-square-foot mixed-use development located in Hallandale Beach, roughly 13 miles south of Fort Lauderdale. Retailers Mitch’s Bagels (1,985 square feet), Holy Shakes (1,067 square feet), Club Pilates (2,562 square feet), Zen Zone (2,086 square feet), The Spot Barbershop (1,215 square feet), La Maison H (2,260 square feet), Genia’s Keratin Spa (1,370 square feet) and 54D (8,146 square feet) have opened at the development, which is situated at 601 to 801 N. Federal Highway. Casa Crudos (1,629 square feet), The Wagyu House (2,681 square feet), Murano by Ferraro’s Kitchen (2,600 square feet) and Drunken Dragon (7,746 square feet) have also signed leases at Atlantic Village. Office tenants now open at Phase III of the development, which is currently 83 percent leased, include The Worx (10,911 square feet), Skin and Cancer Dermatology (3,731 square feet), Glowing Smiles Pediatric Dentistry (2,450 square feet) and Ciocca Dermatology of Hallandale (5,608 square feet). Phase I of Atlantic Village, which is fully leased, features 34,710 square feet of retail space. Phase II comprises 27,486 square feet and 10,380 square feet of retail …

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SOUTH CHESTERFIELD, VA. — Industrial rigging solutions company A&A Transfer has signed a full-building, 173,800-square-foot lease at Ashton Creek Distribution Center in South Chesterfield. Located at 1611 Ashton Park Drive, the newly delivered building is situated roughly 20 miles south of Richmond. Ryan Hays of Armour Realty represented the tenant in the lease negotiations, and Chris Avellana, Jimmy Appich and Charlie Polk of JLL represented the landlord, Lingerfelt. Designed and constructed by ARCO Design/Build, the facility was delivered in the first quarter of 2024.

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NEWTOWN, PA. — Norman’s Hallmark has signed leases to open nine stores that will range in size from 5,000 to 7,000 square feet in New Jersey and Pennsylvania. The New Jersey stores are located in Princeton, Somers Point, Marlton, Ocean Township, Manalapan, Turnersville and Mays Landing. The Pennsylvania stores are located in Allentown and Wyomissing. Rose Urban of Equity Retail Brokers represented the Pennsylvania-based home décor retailer in all lease negotiations.

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ALLEN, TEXAS — CapturePoint LLC, a provider of carbon management services, has signed a 27,317-square-foot office lease renewal and expansion in Allen, a northeastern suburb of Dallas. CapturePoint now occupies roughly half of the building at 1101 Central Expressway S. via 17,212 square feet on the first floor and 10,105 square feet on the second floor. Kent Smith of NAI Robert Lynn represented the tenant in the lease negotiations. Jared Laake of Bradford Commercial Real Estate Services represented the landlord.

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SPRING, TEXAS — Cushman & Wakefield has negotiated a 12,078-square-foot retail lease in the northern Houston suburb of Spring. The tenant, interactive entertainment concept Activate Games, is taking space within Grogan’s Mill shopping center for its second location in the Houston area. Eric Lestin and Michael Burgower of Cushman & Wakefield represented Activate Games in the lease negotiations. Adam Bluestein of Global Fund Investments represented the undisclosed landlord.

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BOSTON — Vertex Pharmaceuticals Inc. has renewed its lease for approximately 1.1 million square feet of office and life sciences space at 50 Northern Avenue and 11 Fan Pier Boulevard in Boston. According to Loopnet Inc., both buildings were constructed in 2013 and total 587,374 and 543,098 square feet, respectively. Vertex’s existing lease, which expires in December 2028, was extended for approximately 15 years through June 2044. A joint venture that includes locally based REIT Diversified Healthcare Trust (NASDAQ: DHC) owns both buildings. The RMR Group provides property and asset management services for the joint venture.  

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DETROIT — Columbia Construction Services has signed a 6,145-square-foot industrial lease at 2633-2637 Russell St. in Detroit. Zach Cummings of Friedman Real Estate represented the tenant, which plans to renovate the space and utilize it as a central storage facility. The landlord was undisclosed.

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SACHSE, TEXAS — Locally based developer PMB Capital Investments has signed four new food-and-beverage users to leases at The Station, a mixed-use development located on the northeastern outskirts of Dallas in Sachse. Deals are now in place with pizza concept Cane Rosso (3,000 square feet), Nation’s Giant Hamburgers (2,500 square feet), Chipotle Mexican Grill (2,325 square feet) and Starbucks (2,225 square feet). All restaurants are expected to be open by next spring. PMB Capital is also nearing completion of the redevelopment of Heritage Park, which will bring an amphitheater, custom-designed playground, pavilion, splash pad, event lawn and boardwalk to the community.

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IRVING, TEXAS — Lee & Associates has arranged a 64,134-square-foot industrial lease expansion in Irving. According to LoopNet Inc., the building at 3250 Story Road W was originally built in 1997 and totals 96,200 square feet. Nathan Denton of Lee & Associates represented the tenant, Reliant Air Conditioning, in the lease negotiations. Steve Trese and Wilson Brown of CBRE represented the Landlord, Prologis.

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