Leasing Activity

TOMBALL, TEXAS — Accelerated Solutions Group, a supplier of automotive accessories, has opened an 80,000-square-foot manufacturing facility in the northwestern Houston suburb of Tomball. The company plans to hire about 50 people to work at the facility. The seven-acre site is located within Interchange 249, a 250-acre development that comprises 3.1 million square feet across 10 buildings. Powers Brown Architecture designed the facility, which features 30-foot clear heights and 100 parking spaces. A partnership between Houston-based Lovett Industrial and New York-based Clarion Partners owns Interchange 249.

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HOUSTON — Locally based developer Levcor has added five new tenants at MarqE Entertainment Center in West Houston. Experiential concepts Sloomoo Institute and Immersive Gamebox now occupy 23,000 square feet and 3,404 square feet, respectively. Glownar Aesthetics has signed a 1,200-square-foot lease, while restaurants Aviator Pizza & Drafthouse and Seaside Poke have committed to 4,504 and 1,600-square-foot spaces, respectively. Regal Cinemas also recently completed renovations to its 23-screen cinema at the center.

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DALLAS — Global architecture firm Arcadis has signed a 19,605-square-foot office lease at 300 S. Pearl St., a mixed-use building in downtown Dallas. The building consists of 336 apartments, 200,000 square feet of office space and 25,000 square feet of retail space. Robbie Baty, Dean Collins and Alexandra Boury of Cushman & Wakefield represented the tenant in the lease negotiations. Ben Davis, Jackie Marshall and Fletcher Cordell of CBRE represented the landlord, Todd Interests.

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BURLINGTON, MASS. — Vaisala has signed a 28,000-square-foot office and life sciences lease in the northwestern Boston suburb of Burlington. The Finnish manufacturer of environmental and industrial measurement devices is relocating from nearby Woburn to GenLabs, a 320,000-square-foot facility located at 3 Van de Graaff Drive. Alex Plaisted, Ryan Romano and Christian Vallis of CBRE brokered the deal. A partnership between Jumbo Capital and funds advised by Apollo Global Management owns GenLabs.

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NEW YORK CITY — Cushman & Wakefield has negotiated a 20,000-square-foot office lease at 41 Flatbush Ave. in Brooklyn. The 10-story, 269,530-square-foot structure is known locally as The Pioneer Building and recently underwent a capital improvement program. Jason Kroeger and Frank Liantonio of Cushman & Wakefield represented the tenant, nonprofit organization Safe Horizon, which will occupy part of the sixth floor, in the lease negotiations. The name and representative of the landlord were not disclosed.

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RANCHO DOMINGUEZ, CALIF. — DAUM Commercial Real Estate Services has negotiated the lease of an industrial warehouse facility at 3040 E. Ana St. in Rancho Dominguez. JCQ Industrial leased the asset to DCW Inc., a warehousing, fulfillment, distribution and transportation services company. The site was leased for a total consideration of $10.1 million. The 115,734-square-foot property features 35 trailer or container spaces, 18 dock-high doors, 20-foot to 22-foot warehouse ceiling heights and loading access across the front of the building. The building’s office space allows for configurations that range from 6,500 square feet to 21,000 square feet. Additionally, the asset offers ample parking and reception and kitchen areas. Chuck Brill, Casey Mungo and Nat Ortega of DAUM represented the lessor, while Tyler Rollema of Klabin Co. represented the lessee in the deal.  

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SKOKIE, ILL. — Home furnishing retailer Pottery Barn is relocating its store at Westfield Old Orchard, joining Arhaus, Puttshack and Zara in the former Lord & Taylor space set to open in summer 2024. Unibail-Rodamco-Westfield owns Westfield Old Orchard shopping mall, which is undergoing redevelopment. The center is set to welcome six new retailers over the next year. Jewelry brand Little Words Project and Canadian women’s fashion brand Aritzia are opening in December. Urban Outfitters is opening in January, and Italian intimates store Intimissimi is slated to open in the spring. Westfield Old Orchard will also welcome new dining options next year, including local all-day lounge Cupitol and Cafe Castemila, an independently owned café and bakery. The redevelopment of the former Lord & Taylor department store is part of a multi-phase plan at Westfield Old Orchard that was first announced in 2022. Plans also call for new residences, dining establishments, wellness facilities and outdoor amenities such as a public park and event space. More detailed plans will be unveiled in 2024.

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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.

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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.

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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.

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