Leasing Activity

FORT WORTH, TEXAS — Shearer Supply, a wholesaler and distributor of HVAC parts and systems, has signed a 34,340-square-foot industrial lease at Everman Trade Center in Fort Worth. The four-building, 457,745-square-foot development is located on the city’s south side and features 24- to 32-foot clear heights and 130- to 210-foot truck court depths. Ken Wesson of Lee & Associates represented the tenant in the lease negotiations. Matt Carthey and Thomas Grafton of Holt Lunsford Commercial represented the landlord, Boston-based Cabot Properties.

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ARLINGTON, TEXAS — Lee & Associates has negotiated a 33,239-square-foot industrial lease in Arlington. According to LoopNet Inc., the property at 2019-2025 Meridian St. was built on 3.4 acres in 1980, totals 71,973 square feet and features 22-foot clear height and 13 exterior dock doors. Mark Graybill and Reed Parker of Lee & Associates represented the landlord, Chicago-based ML Realty Partners, in the lease negotiations. Adam Curran of Cushman & Wakefield represented the tenant, Centurion Service Group, a platform that connects buyers and sellers of medical equipment.

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NEW YORK CITY — Capalino, a business development consulting firm, has signed an 8,424-square-foot office lease at 730 Third Avenue in Midtown Manhattan. The tenant will occupy the entire 24th floor of the 665,110-square-foot building. David Hoffman, Robert Billingsley and Sam Hoffman of Cushman & Wakefield represented the tenant in the lease negotiations. Nuveen Real Estate owns the building.

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ILLINOIS — IWG, a provider of hybrid working solutions with brands such as Spaces and Regus, has unveiled plans to open 21 new coworking spaces across Illinois. The new locations are primarily in metro Chicago. Plans call for 17 Regus locations, four HQ locations and one Signature location. The flexible workspaces will offer private offices, meeting rooms and creative coworking spaces. IWG’s “Design Your Own Office” service will enable companies to tailor their space entirely. IWG operates 4,000 locations in more than 120 countries. The firm predicts that 30 percent of all commercial real estate will be flexible workspace by 2030.

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HUTTO, TEXAS — Academy Sports + Outdoors has opened a 50,886-square-foot store at Townwest Commons, a shopping center located in the northeastern Austin suburb of Hutto. The retailer will join EVO Entertainment as the newest tenant of the next phase of the 24.5-acre development. The EVO Entertainment space, which will span 53,000 square feet and open late next year, will feature an 800-seat cinema, bowling lanes, restaurant and bar and an arcade area. NewQuest Properties owns Townwest Commons.

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BROOKHAVEN, GA. — Connolly has recently signed new retail tenants at Parkside on Dresden, a $70 million mixed-use development underway in the Atlanta suburb of Brookhaven. The four-acre development is set to open in fall 2024 and will comprise the 183-unit Solis Dresden Village apartment community that Terwilliger Pappas is developing. The project will also include 32,000 square feet of retail and restaurant space that will be leased to tenants including Confab Kitchen and Bar, Honeysuckle Gelato, Café Vendome, Clean Juice, El Valle, MIRAE and F45 Training. Mindy Elms and Ed O’Connor of Lavista Associates Inc. are handling the retail leasing assignment at Parkside on Dresden on behalf of Connolly. The development will be situated at 1350 Dresden Drive between Caldwell Road and Parkside Drive, which is within walking distance to the Brookhaven-Oglethorpe MARTA station.

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ADDISON, TEXAS — EoS Fitness has preleased a 37,292-square-foot anchor retail space at Addison Town Center, a retail power center located on the northern outskirts of Dallas. Ben Terry, Matt Luedke and Bernard Shaw of Weitzman represented the undisclosed landlord in the lease negotiations. Jack Breard with Segovia Partners represented EōS Fitness, which plans to open in 2025. Other tenants at Addison Town Center include Target, Kroger, Ross Dress for Less and PetSmart.

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HOUSTON — Partners Real Estate has negotiated a 16,764-square-foot industrial lease in West Houston. According to LoopNet Inc., the building at 3630-3668 Westchase Drive was constructed in 1981 and totals 48,148 square feet. Jon Silberman and Pierce Beyer of Partners represented the tenant, scientific equipment supplier Tecmag, in the lease negotiations. Boone Smith of Stream Realty Partners represented the landlord, Link Logistics Real Estate.

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DALLAS —Secondhand Auto Parts has signed a 5,721-square-foot industrial lease in northwest Dallas. The site is located within Bickham Industrial Park, a five-building, 90,016-square-foot development. Jason Finch and Michael Spain of Bradford Commercial Real Estate Services represented the landlord, an entity doing business as Bickham EPA LLC, in the lease negotiations. The tenant representative was not disclosed.

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MADISON, WIS. — Whole Foods Market will open a 50,000-square-foot store in Madison on Wednesday, Dec. 13. The new store at 4710 Madison Yards Way replaces an existing Whole Foods Market at 3313 University Ave. that had served the community since 1996. The new store anchors the 21-acre Madison Yards mixed-use development, which features retail, restaurant and entertainment space surrounding a central green plaza. The store will feature more than 800 local items from the Midwest.

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