HOUSTON AND CARROLLTON, TEXAS — Shoo Loong Kan has signed two leases in Texas, marking the first locations in the state for the Chinese hotpot concept. Plans include a 6,213-square-foot restaurant at West on West in Houston, as well as a 6,330-square-foot restaurant in the northern Dallas metro of Carrollton. Michael Pittman II, Michael Burgower and Rachel Granstrom of Cushman & Wakefield represented the tenant in the lease negotiations.
Leasing Activity
Three Tenants to Join Haymarket Village Center in Northern Virginia, Six Renew Leases
by John Nelson
HAYMARKET, VA. — Three new tenants have signed leases to join Haymarket Village Center, a 256,856-square-foot retail center situated about 38 miles west of Washington, D.C. Red Bank, N.J.-based First National Realty Partners (FNRP) is the landlord. The leasing deals with Cin Dental (1,824 square feet), Nova Patient Care (1,600 square feet), and BeBop (1,575 square feet) will bring the retail center to full occupancy. FNRP has also secured lease renewals with six existing tenants, including Divine Nail Spa, Jersey Mike’s Subs, Starbucks Coffee, Smoothie King, Sports Clips and Verizon Wireless. FNRP purchased Haymarket Village Center in 2018 for $34.5 million.
PLAINFIELD, IND. — Continental, a contract dining and refreshment provider, has signed a 49,977-square-foot industrial lease at Gateway Industrial II within HSA Commercial’s Gateway Business Park in the Indianapolis suburb of Plainfield. The deal returns Gateway Industrial II to full occupancy after a previous tenant expanded elsewhere within the business park. Based in Troy, Mich., Continental specializes in workplace food and beverage programs. The company plans to establish a distribution center and office space at Gateway Industrial II. HSA will oversee the build-out of the office portion, while Continental will retrofit the warehouse space. Occupancy is slated for June 1. Built in 2004, Gateway Industrial II features a clear height of 28 feet. In addition to Continental, the 104,400-square-foot building is leased to Sky Zone Trampoline Park, In Touch Pharmaceuticals and CertiFit Auto Body Parts. To date, HSA has completed seven buildings totaling approximately 1.2 million square feet at Gateway Business Park. The development is situated one mile from Indianapolis International Airport. Tom Ferguson of Premier Commercial and John Boyd of Signature Associates represented Continental in the lease. Terry Busch and Jared Scaringe of CBRE represented ownership.
LENEXA, KAN. — Copaken Brooks has completed the lease-up of the first phase of Restaurant Row in Lenexa. The latest addition, Zhoug Mediterranean, will open in the final 3,000-square-foot space this fall. Zhoug is a fast-casual restaurant that serves Mediterranean foods. Additional tenants at Phase I of Restaurant Row include Enjoy Pure Food + Drink, Cactus Grill TexMex & Tequila and Tupelo Honey. Erin Johnston of Copaken Brooks represented ownership, while John Nolan and Charlie Lowe of Crossroads Real Estate Group represented Zhoug.
FORT WORTH, TEXAS — Locally based brokerage firm Holt Lunsford Commercial has arranged a 90,278-square-foot industrial lease at South Fort Worth Commerce Center. The two-building complex is located at the northeast corner of I-35W and Everman Parkway. Matt Carthey and Thomas Grafton of Holt Lunsford Commercial represented the landlord, IDI Logistics, in the lease negotiations. Andrew Johnson of Colliers represented the tenant, Kurita America, a provider of water treatment solutions.
PLANO, TEXAS — KCW Enterprises has signed a 38,180-square-foot lease renewal at an industrial flex facility located at 2600 Research Drive in Plano. According to LoopNet Inc., the property was built in 1998 and totals 82,545 square feet. Brian Pafford and Jared Laake of Bradford Commercial Real Estate Services represented the landlord, Kennington Research LLC, in the lease negotiations. Grace Bowers of Colliers represented the tenant.
ST. LOUIS — NISA Investment Advisors LLC, an independent and employee-owned firm, has opened a new headquarters office in St. Louis. The 95,000-square-foot office is located at 7676 Forsyth Blvd. and represents an approximate 20 percent increase in square footage over the firm’s prior location. NISA, which was founded in St. Louis 30 years ago, currently has more than 390 employees and manages $526 billion in assets.
SOUTH LYON, MICH. — World Custom Alterations is relocating its shop from Northville to downtown South Lyon, about 16 miles northeast of Ann Arbor. The tenant has leased a 1,500-square-foot space on West Lake Street. Michael Murphy of Gerdom Realty & Investment represented the undisclosed landlord.
TEANECK, N.J. — Vatech America, a manufacturer of dental imaging equipment, has signed a 16,262-square-foot office lease in the Northern New Jersey community of Teaneck. The space is located within the 670,000-square-foot, four-building Glenpointe mixed-use campus. Jeff Schotz, Peter Rossi, Dan Reider, Peter Kasparian and David Simson of Newmark represented the landlord, Alfred Sanzari Enterprises, in the lease negotiations. Harlan Hollander of Savills represented the tenant.
ALPHARETTA, GA. — IKEA plans to open a 4,306-square-foot store at Mansell Crossing, a shopping center located at 7681 North Point Parkway in the northern Atlanta suburb of Alpharetta. The landlord is New York-based Brixmor. The new store is among four small-format locations that IKEA announced in January, along with new stores in the greater Los Angeles area and Austin, Texas. Each store will allow customers to design and order home-furnishing solutions and products with help from IKEA experts, as well as pick up items once they’re shipped. The new Alpharetta store is set to open this summer. Other tenants at Mansell Crossing include REI, Five Below, TJ Maxx, DSW, Macy’s Furniture Gallery and Barnes & Noble. IKEA opened its prototypical store and warehouse location, which spans more than 366,000 square feet, in Atlanta’s Midtown area in 2005.