Leasing Activity

CHICAGO — Good Eating Co. has leased 5,000 square feet at 77 W. Wacker Drive, a 51-story office tower totaling 960,000 square feet in Chicago’s Central Loop. The restaurant is slated to open in the first quarter of 2024 and will occupy space on the first floor. Good Eating Co. focuses on organic, locally sourced dishes. Transwestern Real Estate Services represented the undisclosed landlord. Transwestern leases and manages the property. Amenities at the building include a 12,000-square-foot wellness center with a basketball court, conferencing center and outdoor plaza.

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AUSTIN, TEXAS — The Malin, a members-only coworking concept, will open a 12,123-square-foot space at 1515 E. Cesar Chavez St. in East Austin. The space, which is scheduled to open next summer, will feature 28 dedicated desks, 10 private offices and four meeting rooms. Brent Powdrill, Bethany Perez and Kevin Kimbrough of JLL represented the undisclosed landlord in the lease negotiations. Casey Casper and Kendall King of HPI Real Estate Services & Investments represented the tenant.

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NEW YORK CITY — Fitness International has signed a 36,500-square-foot lease at 59 Maiden Lane in Manhattan. Fitness International will open a Club Studio facility, which offers boutique fitness classes and amenities, at the property. David Abrams, Eliot Goldschmidt, Jeff Jacobson and Brandon Miller of masonre represented the landlord, AmTrust RE, in the lease negotiations. Chase Welles of The Shopping Center Group and John Kalamaras of RealSource Group represented the tenant.

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2620-Deep-Well-Ranch-Dr-Prescott-AZ

PRESCOTT, ARIZ. — Cushman & Wakefield has arranged the sale-leaseback of a single-tenant corporate headquarters building in Prescott, approximately 100 miles north pf Phoenix. Sewell Trust, a Montana-based private investor, acquired the asset from CP North America for $10.5 million. The seller, a high-tech defense company wholly owned by Israel-based Rafael Defense Systems, will lease back the 50,135-square-foot property, which is located at 2620 Deep Well Ranch Drive. The building features reflective store-front windows, roll-up and dock-high loading doors, and a large, fenced yard. Eric Wichterman and Mike Coover of Cushman & Wakefield’s Private Capital Group in Phoenix represented the seller in the deal.

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BRIGHTON, MICH. — Dollar Tree, X-Golf and Patient Centered Family Medicine & OMT have joined the tenant lineup at Green Oak Village Place, a retail lifestyle center in Brighton, which is located about midway between Detroit and Lansing. Dollar Tree and X-Golf, an indoor golf simulator, opened at the property on Saturday, Nov. 25. Patient Centered Family Medicine & OMT is slated to open before the end of the year. Dollar Tree occupies 9,853 square feet, X-Golf occupies 7,230 square feet and Patient Centered Family Medicine & OMT leases 1,349 square feet. REDICO owns the property.

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CLAYTON, MO. — CBRE has opened a new 13,611-square-foot office on the sixth floor of The Plaza in Clayton, a western suburb of St. Louis. The firm relocated from the 14th floor of the same building, which it has occupied since 2012. The new office is part of CBRE’s Workplace360 program, which showcases the company’s “Future of Work” space standards, including innovative technology and a wider variety of collaborative spaces designed to support hybrid working. There are two conference rooms, one living room, a library, a large communal gathering space and a café. A cornerstone of the Workplace360 model is its free-address approach of unassigned seating. Teams get access to various work areas where they can use any unoccupied seat. Amenities at The Plaza include an outdoor terrace, two tenant lounges, a fitness center, training room, golf simulator and game room.

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HOUSTON — Engineering and industrial services firm Acuren Inspection has signed a 10,829-square-foot industrial lease renewal in northwest Houston. The space is located within Four Seasons Business Park, a 204,532-square-foot development that was constructed on 11.8 acres in 2011, according to commercialcafé.com. John Buckley and Jack Gaffney III of locally based brokerage firm Finial Group represented the undisclosed landlord in the lease negotiations. Judd Harrison of KBC Advisors represented the tenant.

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295-Fifth-Avenue

NEW YORK CITY — CBRE has negotiated a 132,000-square-foot office lease at 295 Fifth Avenue in Midtown Manhattan. The tenant, global law firm Quinn Emanuel Urquhart & Sullivan, will relocate to floors eight through 10 of the 17-story, 700,000-square-foot structure, which is known locally as The Textile Building. The owner, a partnership between Tribeca Investment Group, PGIM Real Estate and Meadow Partners, recently completed a $350 million capital improvement program at the property. David Hollander, Peter Turchin, Mary Ann Tighe, Brett Shannon, Liz Lash and Hayden Pascal of CBRE represented ownership in the lease negotiations. Lewis Miller, Greg Maurer-Hollaender and Cara Chayet, also with CBRE, represented the tenant.

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PRINCETON, N.J. — The Container Store has opened a 15,000-square-foot shop at The Square at West Windsor in Princeton. The store is the retailer’s 100th nationally and sixth in New Jersey. Anchored by Lowe’s and Trader Joe’s, the 220,000-square-foot shopping center is also home to tenants such as Ethan Allen, Mattress Firm, Chipotle Mexican Grill, Starbucks and Fidelity Investments. Blake Shanaphy of JLL represented the tenant in the lease negotiations. Michael Gartenberg represented the landlord, New Jersey-based Garden Commercial, on an internal basis.

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NEW YORK CITY — Accounting firm Marcum Asia has signed an 8,851-square-foot office lease expansion at 7 Penn Plaza in Midtown Manhattan. The tenant now occupies a total of 14,870 square feet on the eighth floor at the 18-story, 357,000-square-foot building. Steve Kaplan of Norman Bobrow & Co. represented Marcum Asia in the lease negotiations. Andrew Wiener and David Turino represented the landlord, The Feil Organization, on an internal basis.

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