COLONIAL HEIGHTS, VA. — Lingerfelt has signed a 106,376-square-foot lease with PECO Pallet Inc. at Port 801, a speculative industrial facility located at 801 Port Walthall Drive in Colonial Heights, a southern suburb of Richmond. Rob Dirom, Wood Thornton and Frank Hargrove III of Colliers represented Lingerfelt in the lease transaction. Graham Stoneburner of Cushman & Wakefield | Thalhimer represented PECO, which is the second of two tenants in operation at the 239,448-square-foot facility. ARCO Design Build delivered Port 801 on behalf of Lingerfelt in fourth-quarter 2022. The PECO lease brings the facility to full occupancy. PECO Pallet is a provider of rental pallet services to the beverage, grocery and consumer products industries.
Leasing Activity
RICHARDSON, TEXAS — Chesmar Homes has signed a 14,594-square-foot office lease in the northeastern Dallas suburb of Richardson. The Houston-based homebuilder is taking space at Collins Crossing, an 11-story, 300,887-square-foot building. Kent Smith of NAI Robert Lynn represented Chesmar Homes in the leasing. Nebraska-based development and investment firm Goldenrod Cos. owns Collins Crossing.
OKLAHOMA CITY — CBRE has opened a 5,154-square-foot office at the Phillips Murrah Building in Oklahoma City. The Dallas-based real estate services firm is relocating from 3401 NW 63rd St. to the second floor of the building, which is located in the city’s Midtown area. The space features various social spaces that support collaborative work, including bench-seating workstations, focus rooms, phone rooms and a huddle room.
HOBOKEN, N.J. — Hain Celestial has signed a 40,000-square-foot office headquarters lease in Hoboken. The provider of healthy foods and personal care services will occupy the entire 12th floor at Waterfront Corporate Center III, a 512,000-square-foot building owned by New York City-based SJP Properties. No third-party brokers were involved in the lease negotiations.
HOUSTON — PhiloWilke Partnership has signed a 14,729-square-foot office lease in Houston’s Westchase District. The architecture firm is taking space at The Towers at Westchase, a two-building development that houses an onsite deli and restaurant, fitness center and a conference center. Brad Fricks and Matthew Seliger of Stream Realty Partners represented the landlord, Franklin Street Properties, in the lease negotiations. Cody Little and Jordan Raney of JLL represented the tenant.
BOSTON — FTI Consulting has signed a 21,910-square-foot office lease renewal in downtown Boston. The global economic and business advisory firm will remain on the ninth floor at 200 State Street, a 16-story building that is 94 percent leased. Connor Faught of Colliers represented the tenant in the lease negotiations. Tim Bianchi, Deb Gould, and Bill Anderson, also with Newmark, represented the landlord, Carr Properties.
ASBURY PARK, N.J. — Partner Engineering & Science Inc. has opened an 18,000-square-foot office in the coastal New Jersey city of Asbury Park. The building at 929 Asbury Ave. was originally constructed in the late 19th century as a warehouse and showroom. The space, which will serve as the company’s East Coast headquarters and can support about 70 people, features private offices, conference rooms and flexible workstations.
SHEBOYGAN, WIS. — Burlington Stores Inc. has signed a 22,000-square-foot retail lease at Memorial Mall in Sheboygan, about 55 miles north of Milwaukee. The property is located at 3347 Kohler Memorial Drive. Mike Fitzgerald and Dan Rosenfeld of Mid-America Real Estate represented the landlord, Meijer Stores LP.
HOUSTON — Stream Realty Partners has negotiated a 432,316-square-foot industrial lease near Port Houston. The tenant, Gulf Coast Crating, is taking space at Portside Logistics Center, a two-building, 1 million-square-foot speculative development on Houston’s southeast side. Jeremy Lumbreras and Tyler Maner of Stream, which owns the property in a joint venture with Principal Asset Management, represented ownership in the lease negotiations on an internal basis. Patrick McKiernan and James Mashni of First Houston Properties Inc. represented the tenant. The deal brings Building 1 at Portside Logistics Center to full occupancy.
HOUSTON — Drilling Tools International has signed a 16,988-square-foot office lease in Houston’s Westchase District. The provider of energy equipment is taking space at The Towers at Westchase, a two-building development that houses an onsite deli and restaurant, fitness center and a conference center. Brad Fricks and Matthew Seliger of Stream Realty Partners represented the landlord, Franklin Street Properties, in the lease negotiations. Peyton Poynter of Park Realty represented the tenant.