Leasing Activity

DALLAS — Lee & Associates has negotiated a 33,333-square-foot industrial lease in West Dallas. According to LoopNet Inc., the property at 4811 Lakawana St. was built in 1986 and totals 50,000 square feet. Stephen Williamson of Lee & Associates represented the landlord, Texas-based Stonelake Capital Partners, in the lease negotiations. Lena Pierce and Ryan Boozer of Stream Realty Partners represented the tenant, Glasshouse Products.

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HOUSTON — Marketing agency Keystone Advisors has signed a 32,000-square-foot office lease in West Houston. According to LoopNet Inc., the building at 4920 Westway Park Blvd., which is part of the Corporate Centre development, was constructed in 2007 and totals 131,908 square feet. Scott Fikes, Matt Pruitt and Christian Canion of JLL represented the landlord, Agellan Commercial REIT, in the lease negotiations. Josh Marcell and Anthony Porraz of Moody Rambin represented the tenant.

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HOUSTON — Locally based brokerage firm Finial Group has negotiated a 15,085-square-foot office lease in Houston. According to LoopNet Inc., the property at 9949 W. Sam Houston Parkway N was built in 2006 and totals 41,117 square feet. Andrew Bischoff and Jack Gaffney of Finial Group represented the undisclosed landlord in the lease negotiations. Wes Williams and Jordan Trout of Colliers represented the tenant, engineering firm W-Industries of Texas.

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ISELIN, N.J. — Cushman & Wakefield has negotiated a 40,000-square-foot office lease renewal in the Northern New Jersey community of Iselin. The building at 99 Wood Ave. S is located within the six-building Centerline at Metropark campus and totals 271,988 square feet. Todd Elfand, Kevin Carton, Paul Giannone and Brody Strickland of Cushman & Wakefield represented the landlord, Opal Holdings, in the lease negotiations. The representative of the tenant, law firm Greenbaum Rowe Smith & Davis, was not disclosed.

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PAPILLION, NEB. — Aldi is opening a new 20,000-square-foot grocery store at Settlers Creek in Papillion. Completion is slated for spring 2024. The store, which will be situated between Sam’s Club and Hobby Lobby, marks Aldi’s 12th location in Nebraska and first in Papillion. Settlers Creek is a 250,000-square-foot shopping center owned and developed by The Lerner Co. and RED Development.

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OMAHA, NEB. — Colliers Nebraska has negotiated a 12,598-square-foot office lease at Farnam Executive Center in Omaha. Adam Marek of Colliers represented the tenant, a national law firm focused on assisting government agencies with improving service delivery. Chris Mensinger, Justin Spooner and Lizzie Mensinger of Colliers represented the landlord, White Lotus Group. Recently purchased by White Lotus Group, Farnam Executive Center rises four stories and totals 92,242 square feet.

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HOUSTON — Stream Realty Partners has negotiated a 135,285-square-foot industrial lease near Port Houston. The tenant, Tigerhawk Logistics, will occupy space at Building 2 at Portside Logistics Center, a 1 million-square-foot speculative development that was also developed by Stream in partnership with Principal Asset Management. Grant Hortenstine and Pearce Martens of Savills represented Tigerhawk Logistics in the lease negotiations. Tyler Maner and Jeremy Lumbreras of Stream represented ownership. The deal brings Building 2 to 52 percent occupancy.

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HOUSTON — US Med-Equip has signed a 34,000-square-foot office lease in West Houston. According to LoopNet Inc., the building at 4920 Westway Park Blvd., which is part of the Corporate Centre development, was constructed in 2007 and totals 131,908 square feet. Scott Fikes, Matt Pruitt and Christian Canion of JLL represented the landlord, Agellan Commercial REIT, in the lease negotiations. Cory Sleeth from NAI Global and John Ferruzzo from Transwestern represented the tenant.

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YARDLEY, PA. — Regional grocer Wegmans will open an 88,000-square-foot store in Yardley, about 30 miles northeast of Philadelphia, with plans to hire about 400 people on full- and part-time bases. The site is located within the Prickett Preserve mixed-use development, and the store offers a selection of approximately 1,200 wines and 500 beers and ciders. The store, which will open in March, is Wegmans’ second in Bucks County.

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COLUMBUS, OHIO — A joint venture between Clear Height Properties and MLG Capital has completed the lease-up of a 290,573-square-foot industrial building in Columbus. A single tenant, a mechanical contracting services provider for large-scale construction projects, leased the building at 1675 Watkins Road that is part of the larger Watkins Road Industrial Park. Nick Tomasone, Joe Davis and Josh Weithman of JLL represented ownership, while Mike Semon of NAI Ohio Equities LLC represented the tenant.

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