LEXINGTON, MASS. — Nortiva Bio has signed a 22,881-square-foot life sciences lease renewal in Lexington, located northwest of Boston. The biopharmaceutical company’s space is located on the third floor of 20 Maguire Road, a 101,310-square-foot converted building. Alex Plaisted and Don Domoretsky of CBRE represented the landlord, a partnership between Investcorp and Griffith Properties, in the lease negotiations.
SPRING LAKE PARK, MINN. — Optimize Physical Therapy and Elite Sports Performance has signed a 60,374-square-foot lease for the full building at 8406 Sunset Road in Spring Lake Park, a northern suburb of Minneapolis. Kate Gillette of Transwestern represented the tenant, which will relocate its operations to the facility as part of an expansion. The new location will enable Optimize to add sports such as basketball, volleyball and hockey while providing more space for training and physical therapy. The facility will also support expanding programs, including homeschool co-ops, summer camps and clinics, and provide space for team rentals and batting cage use by youth little league teams, travel ball and high school teams. Owner Buhl Investors acquired the property this year. RISE, a 501(c)(3) organization providing human services programs, previously owned and occupied the building. Optimize expects to open its new space this spring, with full operations starting in the summer.
HOUSTON — JLL has arranged a 146,442-square-foot, full-building industrial lease in North Houston. According to LoopNet Inc., the four-building manufacturing complex at 12800 Aldine Westfield Road was built in 1979 and features 21- to 25-foot clear heights, eight loading doors, five grade-level doors and 14,153 square feet of office space. The site also has about 10 acres that can potentially be used for industrial outdoor storage, per LoopNet. Jordan Raney and Jarret Venghaus of JLL represented the tenant, Houston-based pipe fabricator Constellation Industries, in the lease negotiations. John Ferruzzo and Jack Ferruzzo of KBC Advisors represented the landlord, GSK Industrial. The deal is expected to double Constellation’s production capacity and to create about 120 new jobs.
LEXINGTON, MASS. — Convatec has signed a life sciences lease expansion and extension in Lexington, located northwest of Boston. The medical products and technology company now occupies 24,572 square feet on the second floor of 20 Maguire Road, a 101,310-square-foot converted building. Alex Plaisted and Don Domoretsky of CBRE represented the landlord, a partnership between Investcorp and Griffith Properties, in the lease negotiations.
NORTHLAKE, TEXAS — Colliers has negotiated a 1 million-square-foot industrial lease in Northlake, located north of Fort Worth. The tenant is DSV Contract Logistics, and the deal is for the entirety of Building 1 within Northlake 35 Logistics Park. Completed in 2023, the building features 40-foot clear heights, 84 dock-high doors, 7,978 square feet of office space and an ESFR sprinkler system. Ward Richmond, Cole Hooper, James Ewing, Keller Strauss and Amanda Richards of Colliers represented DSV in its site selection and lease negotiations. Nathan Lawrence and Krista Raymond of KBC Advisors represented the landlord, a partnership between Texas Commercial Development and Clarion Partners.
KATY, TEXAS — Local owner-operator NewQuest has inked a trio of ground leases at Texas Heritage Marketplace, the local owner-operator’s $400 million mixed-use development in the western Houston suburb of Katy. The deals are with Olive Garden (7,825 square feet), Chase Bank (3,443 square feet) and Whataburger (3,305 square feet). David Meyers and Bob Conwell internally represented NewQuest in all lease negotiations. Traci Holman of Baker Katz represented Olive Garden. Scott Gardner of Main Street Commercial represented Whataburger, and James Namken and Kyle Knight of Weitzman represented Chase Bank.
LEWISVILLE, TEXAS — Baymark Health Services has signed a 30,388-square-foot office lease renewal in Lewisville, a northern suburb of Dallas. The provider of treatments for substance abuse disorders will remain a tenant at Corporate Pointe, a two-building development that is now 90 percent leased. Michael Bowles of Avison Young represented the landlord, an entity doing business as GL Corporate Pointe LP, in the lease negotiations. Jeff Eiting of Site Selection Group represented Baymark Health.
HOUSTON — Local brokerage firm Oxford Partners has negotiated a 21,806-square-foot industrial lease in northwest Houston. According to LoopNet Inc., the building at 13719 FM 529 features 28-foot clear heights and 4,275 square feet of office space. Chase McAteer of Oxford Partners represented the tenant, 3C Metal USA Inc., in the lease negotiations. Barrett Gibson and David McMahon of Colliers represented the landlord, AKD Properties Inc.
CHESHIRE, CONN. — Whole Foods Market has debuted a 42,000-square-foot store in Cheshire, located roughly midway between Hartford and New Haven. The store features full-service meat and seafood counters, a bakery, prepared foods section, wellness and beauty section and a selection of more than 200 craft beers. A grand opening ceremony took place on Thursday, Feb. 5.
CHERRY HILL, N.J. — Club Studio Fitness will open a 30,240-square-foot gym in the Southern New Jersey community of Cherry Hill. The space is located within Ellisburg Shopping Center and will include training areas, a juice bar and recovery facilities. The opening is slated for spring 2027. Federal Realty Investment Trust owns Ellisburg Shopping Center, which is anchored by Whole Foods Market and Restoration Hardware Outlet.