HOUSTON — John Moore LLC has signed a 16,234-square-foot office lease in northwest Houston. The provider of home services has committed to Sam Houston Crossing II, a 159,056-square-foot building. Charles Dorfman of Cresa (formerly Cushman & Wakefield) represented the tenant in the lease negotiations. Louann Pereira and Doug Little of Transwestern represented the landlord, California-based Buchanan Street Partners.
INDIANAPOLIS — Dandy, a dental technology company, has leased a newly constructed, 258,336-square-foot industrial facility at Thunderbird Commerce Center, a 185-acre, master-planned manufacturing and logistics park developed by Lauth Group in Indianapolis. Dandy is expected to take occupancy in the second quarter, and plans to make a significant investment to customize the interior of the building for its operations. The facility will serve as a primary hub for production, fulfillment and distribution. Dandy’s operations are expected to create more than 100 jobs in the next year. Other tenants at Thunderbird include Monarch Beverage and ABF Freight.
HOUSTON — Forum Energy Technologies has signed an 81,138-square-foot office lease extension in northwest Houston. The global manufacturing company that serves the energy sectorwill remain a tenant at Sam Houston Crossing II, a 159,056-square-foot building. Jeff Cairns of JLL and Bill Boyer of CBRE represented Forum Energy in the lease negotiations. Louann Pereira and Doug Little of Transwestern represented the landlord, California-based Buchanan Street Partners.
BEVERLY, MASS. — American Surgical Co. has signed a 20,325-square-foot life sciences lease in Beverly, a northeastern suburb of Boston. The provider of medical tools is relocating from Shetland Park in nearby Salem to 100 Cummings Center, a newly built, 1.3 million-square-foot research-and-development facility. Joe Doyle and John Coakley of Cresa represented the tenant in the lease negotiations. Al Diamond represented the landlord, Cummings Properties, on an internal basis.
MOUNTAIN VIEW, CALIF. — OpenAI, the artificial intelligence (AI) giant behind ChatGPT and the $500 billion Stargate Project, has signed a lease with KKR Real Estate Finance Trust Inc. (NYSE: KREF) and TMG Partners to fully occupy 350-380 Ellis, a Class A office campus in the Silicon Valley city of Mountain View. The five-building asset offers 450,000 square feet of office space with move-in ready finishes, indoor and outdoor work environments, meeting/conference rooms, rooftop decks, an executive briefing center, kitchen/break areas on each floor and collaborative space. The campus also features a full-service gastropub restaurant and cafeteria, multi-story parking structure, a tennis court and a sand volleyball court. The property is owned by KREF and capital accounts advised by the REIT’s parent company, KKR & Co. Inc. (NYSE: KKR). In 2024, TMG was selected to reposition 350-380 Ellis into a future-ready office campus. Jon Mackey, Mike Saign and Phil Mahoney of Newmark represented the landlord in the lease negotiations, while Mike Ino, Jon Moeller, Dan Johnson, Rich Duff and Bridget Fahey of JLL represented OpenAI. Founded in 2015, OpenAI has a current market valuation of $840 billion based on its latest fundraising campaign that closed in late February. Sam Altman …
DALLAS — Walters, Balido & Crain has signed a 5,590-square-foot office lease expansion in North Dallas. The Austin-based law firm now occupies 44,021 square feet at Meadow Park Tower, a 267,779-square-foot building, and is committed through 2033. Scott Hage of JLL represented the tenant in the lease negotiations. Richmond Collinsworth and Jared Laake represented the landlord, Bradford Commercial Real Estate Services, on an internal basis.
LINTHICUM HEIGHTS, MD. — SRS Real Estate Partners has completed the lease-up of a newly developed, 10,576-square-foot retail center in Linthicum Heights, just south of Baltimore and immediately adjacent to the Baltimore-Washington International Thurgood Marshall Airport (BWI). Situated at 1709-1713 W. Nursery Road, the retail center is now home to Paris Baguette, Buffalo Wild Wings GO (BWW GO), Sardi’s Peruvian Chicken, Tropical Smoothie Café and Jersey Mike’s Subs. Arris Noble and Rachel Callender of SRS Real Estate Partners represented the landlord, a Washington, D.C.-based private investor and developer, in the lease negotiations.
HOUSTON — Avison Young has negotiated an 88,601-square-foot industrial lease in northwest Houston. The tenant is oilfield equipment supplier STATS International, and the deal is for the entirety of Building U within the development at 6401 N. Eldridge Parkway. Anthony Squillante and Drew Coupe of Avison Young represented the tenant in the lease negotiations. John Ferruzzo and Jack Ferruzzo of KBC Advisors, along with Ryan Wasaff and Cole Bercher of Welcome Group, represented the landlord, Chicago-based Brennan Investment Group.
AUSTIN, TEXAS — Planet Fitness has opened a 21,000-square-foot gym in North Austin. Excel Fitness is the franchise operator of the new gym, which is located at 13729 N. Highway 183. The space will feature dedicated training and stretching areas, as well as a spa with tanning beds and recovery facilities. A grand opening ceremony took place on Friday, Feb. 27.
LELAND, N.C. — Raleigh-based Edgewater Ventures has signed two tenants to new leases totaling 305,818 square feet at Edgewater Commerce Center, a 505,818-square-foot industrial facility in Leland. Global electronics repair and service provider Ivy Technology signed a 200,000-square-foot lease, while home inspection company Home Insights signed a 105,818-square-foot lease. The deals bring Edgewater Commerce Center to full occupancy. Edgewater Commerce Center features tilt-up concrete construction with 24-foot clear heights. The property is the largest multi-tenant industrial facility located within the Wilmington and Myrtle Beach markets, according to Edgewater Ventures. Jordan Holt of Cushman & Wakefield represented Ivy Technology in the lease negotiations. Will Leonard of Cape Fear Commercial and Al Williams of JLL represented the landlord.