Leasing Activity

FORT WORTH, TEXAS — Lockheed Martin has signed a 136,165-square-foot industrial lease in Fort Worth. The aerospace and defense contractor will take space at Fort West Commerce Center, a three-building, 531,601-square-foot development that sits on a 30-acre site on the city’s north side. Todd Burnette and John Davidson of JLL represented Lockheed Martin in the lease negotiations. Matt Carthey and George Jennings of Holt Lunsford Commercial represented the landlord, Phoenix-based Creation Equity. 

FacebookTwitterLinkedinEmail

FLOWER MOUND, TEXAS — Houston-based brokerage firm Oxford Partners has negotiated a 48,500-square-foot industrial lease in Flower Mound, located in the northern-central part of the metroplex. Andrew Gilbert and Keaton Brice of Holt Lunsford Commercial represented the landlord, Prologis, in the lease negotiations. Chase McAteer of Oxford Partners represented the tenant, Amber Green Realty, which plans to use the facility for the preparation of catered meals.

FacebookTwitterLinkedinEmail
Dow-Inc.-Collegeville-Pennsylvania

COLLEGEVILLE, PA. — Chemicals manufacturer Dow Inc. has signed an 800,000-square-foot lease extension at its office and life sciences campus in Collegeville, about 25 miles northwest of Philadelphia. A partnership between New York City-based David Werner Real Estate Investments and regional firm GreenBarn Investment Group purchased the 1.9 million-square-foot campus, which consists of 14 buildings on 340 acres, from Pfizer in August 2023. Newmark represented Dow Inc., which first moved to Collegeville in 2012, in the lease negotiations.

FacebookTwitterLinkedinEmail

CLARK, N.J. — Locally based developer Garden Communities has completed the lease-up of Walnut Hill, a 177-unit apartment complex in Clark, about 23 miles southwest of New York City. The newly built property is now fully occupied and recently secured a long-term debt structure. Units come in one- and two-bedroom units, and amenities include a fitness center, pool, clubhouse with lounges and a game room. About 15 percent (28 units) of the residences are reserved as affordable housing.

FacebookTwitterLinkedinEmail

LEXINGTON, S.C. — Lowes Foods has signed a lease to anchor Platt Springs Crossing, a 50-acre mixed-use development currently underway in Lexington, a western suburb of Columbia, S.C. The Winston-Salem-based grocer will occupy 51,000 square feet at the development. Other tenants will include Chipotle Mexican Grill, Tidal Wave Car Wash, Panda Express and Planet Fitness. An affiliate of NAI Columbia doing business as LLDC Platt Springs LF LLC is the developer of the project, which is scheduled to begin opening early next year. Ben Kelly and Patrick Chambers of NAI Columbia represented the landlord in the lease negotiations with Lowes Foods. The grocery store is scheduled to open in the third quarter of 2025.

FacebookTwitterLinkedinEmail
Ocala-Logistics-Center_Ocala-Fla

OCALA, FLA. — BroadRange Logistics has signed a lease to fully occupy Ocala Logistics Center, a 350,899-square-foot industrial building in Central Florida. Situated at the corner of N.W. 35th St. and N.W. 27th Ave. in Ocala, the property features 196 parking spaces, 96 trailer drops, ESFR sprinkler systems and 36-foot clear heights. Clay Witherspoon of Avison Young represented the landlord, MDH Partners, in the lease negotiations. John Gosnell of Strategic Real Estate Partners represented the tenant. 

FacebookTwitterLinkedinEmail
First-Citizens-Bank-Plaza_Charlotte-N.C

CHARLOTTE, N.C. — CBRE has arranged a 40,000-square-foot lease at First Citizens Bank Plaza, a 23-story office building in Uptown Charlotte. International coworking company IWG will occupy the 18th and 19th floors of the building beginning in February, with plans to expand its SPACES brand. Located at 128 S. Tryon St., the property was recently renovated and features a new lobby, a boutique fitness center, tenant amenity hub with lockers and showers, bicycle parking and storage, upgraded restrooms and a 5,000-square-foot ground-floor restaurant and bar space, currently occupied by MOA Korean BBQ. Kris Westmoreland, Stephanie Spivey and Joe Franco of CBRE represented the landlord, Dornin Investment Group, in the lease negotiations.

FacebookTwitterLinkedinEmail

JOLIET, ILL. — CBRE has completed the lease-up of Joliet Marketplace, a 100,000-square-foot shopping center in Joliet. UrgentVet inked the most recent lease for a total of 3,500 square feet. The veterinarian clinic plans to open this spring. The property was formerly occupied by K-Mart and had stood vacant since 2016. IG Capital purchased the asset in 2020 and brought on CBRE’s Sean McCourt, Joe Parrott and Riley McCarron to assist with redeveloping the site. UrgentVet joins Tony’s Fresh Market, Planet Fitness, Tropical Smoothie Café, Charley’s and Ivy Rehab at the center. McCourt and Parrott represented IG Capital in the lease with UrgentVet.

FacebookTwitterLinkedinEmail

WAUWATOSA, WIS. — Slick City, an indoor slide park concept, has signed a lease to open a 51,958-square-foot location at 1435 N. 113th St. in Wauwatosa. Brett Deter and Scott Revolinski of Founders 3 Real Estate Services represented the undisclosed landlord. The family entertainment space may include a soft play area for younger children, zip lines, trapezes and swings. There are currently three other Slick City locations in the U.S. in Denver, St. Louis and Katy, Texas.

FacebookTwitterLinkedinEmail
23Springs-Dallas

DALLAS — Accounting giant Deloitte has signed an office lease at 23Springs, a 626,215-square-foot building in Uptown Dallas. The square footage was not disclosed, but the space encompasses four full floors. The deal, along with a 110,029-square-foot lease signed by Bank OZK, which also financed the building’s construction, in spring 2022 brings 23Springs to 34 percent occupancy. Robert Jimenez, Burson Holman and Elizabeth Fortado represented the landlord, Granite Properties, in the lease negotiations on an internal basis. Deloitte plans to relocate from Dallas Arts Tower to its new offices in spring 2026.

FacebookTwitterLinkedinEmail