Leasing Activity

NEW YORK CITY — The South African Consulate has signed a 31,494-square-foot office lease in Midtown Manhattan. The diplomatic organization will occupy the penthouse space at 805 Third Avenue, a 31-story building. Michael Goldman of Cresa represented the consulate in the lease negotiations. Glenn Isaacson, Tony Builder and Ava Beganovic of Bradford Allen, along with internal agent Marc Horowitz, represented the landlord, Cohen Brothers Realty Corp.

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ELGIN, ILL. — Ames Watson, owner of global accessories retailer Claire’s Holdings LLC, has signed a 248,400-square-foot industrial lease at 1100 Tollgate Road in Elgin. Spence Mehl of RCS Real Estate Advisors and JLL’s Sam Brashler, Seth Geldzahler and Sharon Kariampuzha represented the tenant. High Street Logistics Properties LLC owns the building. Located approximately 40 miles northwest of downtown Chicago, the Elgin facility is designed for large-scale distribution operations and will support the broader efforts of Claire’s to modernize its logistics network, improve speed-to-store delivery and enhance omnichannel fulfillment capabilities, according to RCS.

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HOUSTON — Yetter Coleman LLP has signed a 43,906-square-foot office lease in downtown Houston. The law firm will relocate from the nearby building at 811 Main St. to the 53rd and 54th floors of 600 Travis Street, a 75-story tower. Jon Lee and Claire Douthit of CBRE represented the tenant in lease negotiations. A partnership between Hines and Cerberus Capital Management owns the building.

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BALA CYNYWD, PA. — Pep Boys has signed a 37,000-square-foot office lease expansion in Bala Cynwyd, a northwestern suburb of Philadelphia. The Philadelphia-based automotive services company now occupies more than 70,000 square feet at One Presidential Boulevard, a four-story, 133,115-square-foot building. Michael Monahan and Brian Smyth of CBRE represented Pep Boys in the lease negotiations. The landlord was not disclosed.

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NEW YORK CITY — Convene Hospitality Group will open a 26,000-square-foot immersive event venue at 120 E. 23rd St. in Manhattan’s Flatiron District. Known as The Aperture, the venue will feature one of New York City’s largest projection-mapping environments and will be housed across two floors of the building, which is owned by Williams Equities. A tentative opening date was not announced.

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PLANO, TEXAS — Yardi has signed a 70,106-square-foot office lease in Plano. The real estate technology firm is taking space at 7900 Windrose, a 19-story, 1 million-square-foot building. Matt Schendle, Travis Boothe, Carrie Halbrooks, Mary Frances Burnette, David Harris and Tom Wille of Cushman & Wakefield represented the undisclosed landlord in the lease negotiations. Randy Cooper, Wills Bauer and Nate Hruby of Stream Realty Partners represented Yardi.

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GRAPEVINE, TEXAS — Pottery Barn Outlet will open a 25,027-square-foot store in Grapevine, located in the northern-central part of the metroplex. The store will be situated within one of the anchor spaces at Grapevine Towne Center. Jennifer Chandler, Lynn Van Amburgh, Ben Terry and Avery Frisbie of Weitzman represented the undisclosed landlord in the lease negotiations. Katie Rambie of SHOP Cos. represented the retailer.

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NASHVILLE, TENN. — Cousins Properties has signed tech giant Oracle to a 116,000-square-foot office lease in Nashville’s Germantown neighborhood. Oracle will move into its space in the second half of the year within the Neuhoff mixed-use development, which Atlanta-based Cousins owns in a 50/50 joint venture with an unnamed institutional investor. Oracle’s offices will overlook the construction of its new global headquarters campus that is being developed on the other side of the Cumberland River. At completion, Neuhoff will connect to the Oracle campus via a pedestrian bridge. Neuhoff comprises 395,000 square feet of office space, 55,000 square feet of retail space and 542 apartments. According to Cousins, the office portion of Neuhoff is currently 84 percent leased, the retail component is 46 percent leased and the apartments are 92 percent leased. Atlanta-based New City Properties is developing Neuhoff on behalf of the ownership group.

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NEW YORK CITY — EliseAI has signed a 10-year, 109,000-square-foot office headquarters lease in Midtown Manhattan. The startup that serves the housing and healthcare industries will relocate from a nearby location to the 240,000-square-foot building at 401 Fifth Avenue. Evan Margolin, Valentin Stobetsky, Calum Waddell, Will McGarry and Hale King of JLL represented the tenant in the lease negotiations. Brian Waterman, David Waterman and Alex Kesseler of Newmark represented the landlord, The Chetrit Organization.

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NEW YORK CITY — United Hospital Fund has renewed its 22,083-square-foot office headquarters lease in Midtown Manhattan. The nonprofit organization is relocating from the 12th to seventh floor of 1411 Broadway. Josh Kuriloff, Matthias Li and Heather Thomas of Cushman & Wakefield represented the tenant in the lease negotiations. Paul Amrich, Neil King and Emily Chabrier of CBRE represented the landlord, La Caisse.

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