Monday, July 7, 2025
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Leasing Activity

IllinoisIndustrialLeasing ActivityMidwest

Worldwide Flight Services Leases 132,000 SF Cargo Facility at Chicago Airport

by Kristin Harlow

CHICAGO — Worldwide Flight Services (WFS) has leased a new 132,000-square-foot cargo facility that is part of the third phase of the Northeast Cargo Complex at Chicago’s O’Hare International Airport. Realterm developed and owns the facility, which features 122,000 square feet of warehouse space and 10,000 square feet of office space. There is also more than 200,000 square feet of ramp space that can accommodate two group VI aircraft such as the Boeing 747. The project team included BOWA, Clayco and d’Escoto Inc. Realterm is targeting LEED Silver certification for the property, which is equipped with electric vehicle charging stations and solar panels. WFS is a provider of air cargo logistics and ground handling services.

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DevelopmentLeasing ActivityMixed-UseOfficeSouth CarolinaSoutheast

Lima One Capital to Lease 65,000 SF for Office Headquarters at Greenville County Square Development

by John Nelson

GREENVILLE, S.C. — Real estate investment lender Lima One Capital has signed a 65,000-square-foot lease at RocaPoint’s Greenville County Square development in downtown Greenville. The move from 201 E. McBee Ave. represents a $51.4 million investment for the company, which will move its operations into a newly developed office building at the $1 billion mixed-use campus. The expansion, which will create a projected 300 jobs, is expected to be complete in 2025 and will more than double its current office footprint. The South Carolina Coordinating Council for Economic Development has approved job development credits related to the project and awarded a $500,000 grant to Greenville County to aid with the costs of site preparation and building construction. Other uses coming to Greenville County Square include Whole Foods Market and Perch Kitchen + Tap.

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Leasing ActivityMixed-UseOfficeRestaurantRetailSoutheastTennessee

AJ Capital Signs Five New Tenants to Nashville Warehouse Co. Project

by John Nelson

NASHVILLE, TENN. — Adventurous Journeys Capital Partners (AJ Capital) has signed five new tenants to Nashville Warehouse Co., a mixed-use campus located at the corner of 4th Avenue South and Chestnut Street in the Wedgewood-Houston neighborhood of Nashville. Eatery HERO will lease space beginning this August, and work-focused members club The Malin will open a 16,000-square-foot coworking space beginning this fall. Additionally, contractor Hensel Phelps, talent agency Trend Management and law firm Maynard Nexsen have signed office leases at the mass-timber property. Beginning in July, Hensel Phelps and Maynard Nexsen will occupy 11,220 square feet and 7,600 square feet, respectively. Trend Management will lease 6,800 square feet beginning in December. These leases bring the property—which features 200,000 square feet of office space, public pedestrian spaces, an acre of green space, onsite parking and a fitness center — to 91 percent occupancy.

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FloridaLeasing ActivityRestaurantRetailSoutheast

Eight Retail Tenants Sign Leases to Occupy Promenade Along Lincoln Road in Miami Beach

by John Nelson

MIAMI BEACH, FLA. — Eight new retail tenants have signed leases on Lincoln Road in Miami Beach, a South Florida high street that features more than 200 shops, cafés, galleries and restaurants across eight blocks. Paris St. Germain, Habitat Hyett, The Cheesecake Factory, Ecco, BonBon Etc., Osteria da Fortunata, Voyage Luggage and Salt & Straw will open locations at the promenade beginning this summer. Lincoln Road is the most visited open-air retail destination in South Florida, having drawn more than 8 million visitors in 2022.

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Leasing ActivityOfficeTexas

Seno Medical Instruments Signs 26,719 SF Office Lease Extension in San Antonio

by Taylor Williams

SAN ANTONIO — Seno Medical Instruments has signed a 26,719-square-foot office lease extension at Callaghan Tower in San Antonio. The building is located on the city’s north side and recently underwent a capital improvement program. Brian Harris, Todd Gold and Kim Gatley of REOC San Antonio represented the undisclosed landlord in the lease negotiations. The representative of the tenant was also not disclosed.

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Leasing ActivityNortheastOfficePennsylvania

The Pittsburgh Foundation Signs 31,308 SF Office Headquarters Lease

by Taylor Williams

PITTSBURGH — The Pittsburgh Foundation, a nonprofit that addresses community needs and promotes philanthropy, has signed a 31,308-square-foot office headquarters lease in the downtown area. The foundation has committed to space on the ninth and 10th floors of 912 Fort Duquesne Blvd. for a term of 15 years. Geoff Greco and Andrew Millberg of JLL represented The Pittsburgh Foundation in the lease negotiations. Jeff Adams and Jesse Ainsman, also with JLL, represented the landlord, The Elmhurst Group.

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CaliforniaLeasing ActivityOfficeWestern

Office Building in Century City, California Achieves Full Occupancy

by Jeff Shaw

CENTURY CITY, CALIF. — An office property in Century City, 2000 Avenue of the Stars, has reached full occupancy with the addition of new leases.  A multi-national law firm will relocate from downtown Los Angeles and occupy 57,887 square feet, while CBRE secured 21,000 square feet.  The 865,000-square-foot property is also home to Creative Artists Agency, Ares Management and UBS. The property forms part of the Century Park campus, which also includes Century Plaza Towers.  CBRE’s Pat McRoskey, Patti Gilbert and Amanda Calof comprise the leasing team responsible for the Century Park area.

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Leasing ActivityMidwestMinnesotaOffice

Law Firm Fredrikson & Byron Moves Into 158,000 SF Office at 60 South Sixth in Minneapolis

by Kristin Harlow

MINNEAPOLIS — Midwest law firm Fredrikson & Byron has moved into a 158,000-square-foot office space at 60 South Sixth, a 40-story tower in downtown Minneapolis. KBS Real Estate Investment Trust III owns the 710,332-square-foot property. Fredrikson & Byron signed the lease in 2020. Amenities at 60 South Sixth include a fitness center, underground parking, concierge services, free Wi-Fi hotspots, a tenant lounge, pool table and conference center. KBS also recently signed leases with Best & Flanagan LLP, a locally based law firm, and Dacotah Bank, a Midwest financial institution. Brent Robertson, Andrea Leon and Jon Dahl of JLL represented KBS in all three leases. Mike Salmen, Larry Serota and Will McDonald of Transwestern represented Fredrikson & Byron. Brent Erickson of Newmark represented Best & Flanagan, and Kevin O’Neill of Colliers represented Dacotah Bank.

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Leasing ActivityMidwestMinnesotaRestaurantRetail

Ruth’s Chris Steak House to Open at Kahler Grand Hotel in Rochester, Minnesota

by Kristin Harlow

ROCHESTER, MINN. — Ruth’s Chris Steak House is opening at the Kahler Grand Hotel in Rochester. The location marks the second in Minnesota for Ruth’s Chris following one in downtown Minneapolis. The 7,800-square-foot restaurant will feature outdoor seating, a full bar and private dining area. Kraus-Anderson Construction has begun demolition of the Grand Grill in the hotel lobby to make way for Ruth’s Chris. Construction of the steakhouse is scheduled to begin late this summer and be completed in early 2024. Kahler Hospitality Group recently renovated the 600-room hotel. The four-year renovation project was one of the most extensive renovations ever completed at the hotel, which was originally constructed in 1921. Darci Fenske of Paramark Real Estate Services represented Kahler Hospitality Group in the lease with Ruth’s Chris.

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