SAN ANTONIO — Ervin Cable Construction has signed an 11,400-square-foot industrial lease in San Antonio. According to LoopNet Inc., the single-tenant property at 1026 Brussels St. was built in 2004 and includes 2,000 square feet of showroom space and 1,400 square feet of office space. Carlos Marquez and Brian Heines of Partners Real Estate represented the landlord in the lease negotiations. Kent Jones represented the tenant.
Leasing Activity
ATLANTA — Swinerton, a general contractor firm based in San Francisco, has opened its new office space at 251 Armour Drive in Atlanta. The 10,000-square-foot office is part of the Armour Yards adaptive reuse development and will house 70 Swinerton employees. JLL arranged the lease on behalf of the Armour Yards landlord, Northwoods Office. Designed by MurphyMeyers, the new space includes 22 private offices, 30 workstations, two flex rooms, two meeting rooms and a “preconstruction room.” Amenities include a fitness studio, wellness room and a working lounge with overhead doors, as well as direct access to the Atlanta BeltLine. The space also includes a mural, custom art pieces and the integration of mass timber into the overall aesthetic. Founded in 1888, Swinerton is 100 percent employee-owned and has 21 offices nationwide. Swinerton first opened its Atlanta office in 2017.
Chick-fil-A, Five Guys, Chase Bank to Open at $500M Halcyon Development in Metro Atlanta
by John Nelson
ALPHARETTA, GA. — Chick-fil-A will open a 5,300-square-foot restaurant this spring at Halcyon, a $500 million mixed-use development located in Alpharetta, a northern suburb of Atlanta. Currently under construction, the building will be situated within Halcyon’s Phase III. RocaPoint Partners is the developer and landlord of the project, and JLL manages retail leasing at the property. Five Guys and Chase Bank have also signed leases at the development and will occupy 2,400 and 3,500 square feet, respectively, within a 13,000-square-foot building adjacent to Chick-fil-A. Phase III of Halcyon will also feature a grocery anchor, to be announced later this year.
POOLER, GA. — AA Heritage Solutions has signed a 111,000-square-foot industrial lease in Pooler, roughly 10 miles outside Savannah. The 219,480-square-foot building is now fully occupied. Situated at 101 Coleman Blvd., the building is part of the Coleman Industrial Portfolio, which Denholtz Properties acquired in 2022. The portfolio totals 358,884 square feet across three buildings. David Sink and Sebastian Findlay of Colliers represented Denholtz in the lease negotiations. Rex Benton and Jeff Goldman of NAI Mopper|Benton represented the tenant, which provides logistics and shipping services to retailers including Costco.
PALM BEACH, FLA. — CBRE has arranged a 101,000-square-foot lease at Turnpike Logistics Center in Palm Beach, a city in South Florida’s Palm Beach County. National Millwork — a door, hardware and millwork company serving the multifamily residential construction market — will relocate its headquarters to a portion of Building 2, located at 1715 Meathe Drive, this summer. Kirk Nelson, Robert Smith and Jeff Kelly of CBRE represented the developer and landlord, Dalfen Industrial, in the lease negotiations.
HOUSTON — Three new tenants have opened stores at Post Oak Plaza, a retail power center in Houston’s Uptown area. The 22,201-square-foot store of home furnishings retailer Arhaus is now open, as is the 9,597-square-foot store of Bassett Furniture and the 4,036-square-foot kitchen and bath showroom of Kohler. Locally based developer Levcor owns Post Oak Plaza, which recently underwent a capital improvement program and is now 98 percent leased.
LEWISVILLE, TEXAS — BT Dealz, which sells liquidated consumer products directly to customers, has signed a 15,477-square-foot retail lease for its first brick-and-mortar store in the northern Dallas suburb of Lewisville. David Zoller of Weitzman represented the undisclosed landlord in the lease negotiations. Al Paniagua of Swearingen Realty Group represented BT Dealz, which is taking a junior anchor endcap space at a center that is also home to Marshalls, Old Navy, Five Below and PetSmart.
NEW YORK CITY — Financial technology firm MoneyLion Inc. (NYSE: ML) has subleased Twitter’s 35,384-square-foot former office space in Manhattan’s Chelsea area. The space encompasses the entire fourth floor of the 281,000-square-foot building at 245-249 W. 17th St., which was originally constructed in 1909 and renovated in 2014. William Iacovelli, Sacha Zarba, Lauren Crowley Corrinet, Elliot Bok and Connor DeSimone of CBRE represented X Corp. in the sublease negotiations. Eric Ladden of Cornerstone Realty and Jason Birk and Steve Marvin of Olmstead Properties represented MoneyLion. Columbia Property Trust owns the building.
HASBROUCK HEIGHTS, N.J. — Law firm Bertone Piccini has signed an 11,850-square-foot office lease renewal in the Northern New Jersey community of Hasbrouck Heights. The firm has been a tenant at the 200,000-square-foot Heights Plaza complex, located at the junction of I-80 and U.S. Route 17, since 2013. Rob Norton of CBRE represented the tenant in the lease negotiations. Stephen Jennings represented the landlord, Alfred Sanzari Enterprises, on an internal basis.
MILWAUKEE — Fiserv Inc. (NYSE: FI), a global payment and financial tech solutions firm, has unveiled its new corporate headquarters in downtown Milwaukee. The 170,000-square-foot office space serves as the new global base for the company, which is relocating from nearby Brookfield, Wis., about 13 miles west of Milwaukee. The new Fiserv offices are part of HUB640, a mixed-use campus that also includes a small-format Kohl’s department store that opened in November. Other tenants include Eight Eleven Group, Abacus Architects and North Shore Healthcare, according to Founders 3 Real Estate Services, which is handling office leasing at HUB640. Chicago-based North Wells Capital LLC owns and operates HUB640. As part of the move, Fiserv was awarded $7 million in TIF (tax increment financing) funding from the City of Milwaukee, under the condition that the company retain 93 percent of its employee base at its new office space. “City of Milwaukee elected officials unanimously chose to partner with Fiserv on this project, and we are confident the decision will be applauded for many years to come,” says Milwaukee Mayor Cavalier Johnson. The new office building is located at 600 Vel R. Phillips Ave., a site that formerly housed the Boston Store, a local …