Leasing Activity

ROSWELL, GA. — Hardware retail chain Ace Hardware has opened its 5,000th domestic store. Dubbed Fixit Ace Hardware, the store is located in Roswell, roughly 20 miles north of Atlanta. Additionally, the Oak Brook, Ill.-based retailer opened its 100th new store of the year in Henderson, Nev., last month. Ace Hardware, which operates more than 5,800 outposts globally, plans to open an additional 200 stores by the end of this year, which marks 100 years of business for the brand.

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SECAUCUS, N.J. — Abra Health has signed a 24,908-square-foot retail sublease in Secaucus. The operator of pediatric primary care and dental clinics is backfilling a space previously occupied by The Vitamin Shoppe and will utilize the space to centralize its billing operations and establish a call center. Jeff Kolodkin and Andrew Kirshenbaum of Newmark represented Abra Health in the lease transaction.

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WEST SACRAMENTO, CALIF. — Brennan Investment Group has acquired a three-building manufacturing facility in West Sacramento and simultaneously leased the property back to the seller, Manna Beverages & Ventures. Totaling 213,000 square feet, the assets are located at 2150 and 2286 Stone Blvd. and 1691 Cebrian St. Manna is a leading beverage manufacturer specializing in co-packing, co-manufacturing and distribution of juices, teas and carbonated beverages. Terms of the transaction were not released.

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FORT WORTH, TEXAS — F.O.H. Events has signed a 23,465-square-foot industrial lease in Fort Worth. The provider of services for entertainment venues is expanding and relocating its headquarters space to 8803 Forum Way on the city’s south side from a space across town that was roughly a third of that size. Shane Benner of Bradford Commercial Real Estate Services represented the tenant in the lease negotiations. Benson Williams of LanCarte Commercial represented the landlord, Dundee Investments LLC.

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MILLSTONE, N.J. — Soligent has signed an industrial lease in the Central New Jersey community of Millstone. The distributor of clean energy products and services will occupy just under half of a 132,930-square-foot building. The space features a clear height of 32 feet, 4,000 square feet of office space and battery charging stations inside the warehouse for electric forklifts. Peak Construction Corp. is handling the build-out of the space. Boston-based Cabot Properties owns the building.

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CHICAGO — Cushman & Wakefield has negotiated a 30,000-square-foot lease on behalf of Padel Chicago LLC for the first padel location in the city. Padel combines the elements of tennis, squash and pickleball. The property is located at 219 N. Paulina St. Chip Evans of Cushman & Wakefield represented the main investors, Lakeshore Sport & Fitness and Fabian Gosselin, in lease negotiations with the building owner, Walnut Street Properties. Lakeshore Sport & Fitness owns and operates large, multi-sport facilities. Gosselin is a Chicago venture-capital investor whose family has owned and operated a global hospitality and restaurant company for three decades. The Chicago padel facility, slated to open in the first quarter of 2025, will feature five indoor courts. Amenities will include private member lounges, locker rooms, coworking space and a coffee shop and bar.

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LAFAYETTE, LA. — GBT Realty Corp. has executed leases with new retailers at River Marketplace, a 168,000-square-foot shopping center in Lafayette. J. Crew Factory, Sephora and lululemon have signed leases to occupy a freestanding, 16,700-square-foot building within the shopping center that once housed Books-A-Million, which shuttered earlier this year. All three retailers are expected to open in early 2025. A final 3,450-square-foot space remains available for lease in the building. Situated on a 43-acre site, River Marketplace is anchored by a Super Target. The property is currently 99 percent leased to tenants including Ross Dress for Less, Total Wine & More, Rack Room Shoes, Cato, 2nd & Charles, Toasted Yolk Café, Buckle, Crumbl Cookies and Games Workshop.

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FORT WORTH, TEXAS — The Fort Worth Food + Wine Foundation has signed a 2,335-square-foot office lease at Quorum West on the city’s west side. According to LoopNet Inc., the six-story, 93,445-square-foot building was constructed in 1987 and renovated in 2018. Jake Neal, Vic Meyer and Carter Sells of Holt Lunsford Commercial represented the landlord, Hickman Investments, in the lease negotiations. Kelly Horton of Big Ink Real Estate represented the tenant.

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GEORGETOWN, TEXAS — Partners Real Estate has secured a 2,200-square-foot retail lease in Georgetown, a northern suburb of Austin. The tenant, My Dental, is taking space at Commons at Rivery, a 34,200-square-foot shopping center located at 1313 Williams Drive. Kevin Murphy of Partners represented the landlord in the lease negotiations on an internal basis. Kelly Arnold of CLD Realty represented the tenant.

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RESTON AND FALLS CHURCH, VA. — The Fresh Market plans to anchor two mixed-use developments in the Northern Virginia region of metropolitan Washington, D.C. The Greensboro, N.C.-based grocer has committed to approximately 27,000 square feet of space at Reston Station, a mixed-use development in Reston by Comstock Cos., and 29,000 square feet at West Falls, a 10-acre mixed-use development in Falls Church by Hoffman & Associates. The Reston Station grocery store will be situated within Midline at Reston Station, and the West Falls store will be located at the ground level of an upcoming residential development. Both new stores are expected to open within the next three years, with the West Falls store set to open by mid-2026. The Fresh Market has two existing locations in nearby Alexandria and Vienna, Va.

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