Leasing Activity

CHICAGO — Global scientific and engineering consulting firm Thornton Tomasetti has signed a new lease for 18,943 square feet on the seventh floor at 600 West Fulton, a nine-story office building totaling 214,000 square feet in Chicago’s Fulton Market district. Parkside Realty Inc. owns the building. Thornton Tomasetti is relocating its Chicago-based operations from 330 N. Wabash St. in River North. Molly Carroll and Andy Strand of JLL represented the tenant, while Barb Schenberg of Parkside Realty represented ownership. Originally built in 1895 to house Sears & Roebuck’s original warehouse, 600 West Fulton was converted to loft-style office space in 1982. The building was completely renovated in 2021.

FacebookTwitterLinkedinEmail
2101-Terminal-Road-Fort-Worth

FORT WORTH, TEXAS — Lee & Associates has negotiated a 41,832-square-foot industrial lease at 2101 Terminal Road in Fort Worth. Corbin Blount and Adam Graham of Lee & Associates represented the tenant, recycling and waste management firm Echo Fibers, in the lease negotiations. Britton New represented the landlord, GT Industrial Properties, on an internal basis. According to LoopNet Inc., the property was built on 10 acres in 1957 and features 20-foot clear heights and 140 car parking spaces.

FacebookTwitterLinkedinEmail

DETROIT — Friedman Real Estate has negotiated a new office lease for 41,400 square feet at 601 W. Fort St. in Detroit. The property was completed in 1912 and renovated in 2016. The tenant is an international sea and air logistics company and will occupy the building in its entirety. The property is situated near Michigan Central Station, which is currently undergoing the final phase of restoration by Ford Motor Co. Steve Eisenshtadt and Andrew Bower of Friedman represented the undisclosed landlord.

FacebookTwitterLinkedinEmail

IRVING, TEXAS — Antech Diagnostics, a provider of veterinary diagnostic and lab testing services, has signed a 22,578-square-foot lease renewal and expansion in Irving. The company has committed to Royal Jetstar Tech Center a 92,051-square-foot office and lab building, for an additional 10 years and is taking an additional 9,578 square feet. Jason Finch and Michael Spain of Bradford Commercial Real Estate Services represented the landlord, an entity doing business as Pre DFW Airport LLC, in the lease negotiations. Ryan Buchanan of CBRE represented Antech Diagnostics.

FacebookTwitterLinkedinEmail
The-Ion-Houston

HOUSTON — Rice Management Co., the entity that acts as steward of Rice University’s endowment, has signed new tenants to leases totaling roughly 35,000 square feet at The Ion District, a 12-block office, life sciences and innovation hub in Houston. Among the new tenants are carbon capture company Carbon Clean, Norwegian software developer Cognite and medical equipment manufacturer Motif Neurotech. These tenants join Houston-based private equity firm Ara Partners and coworking concept Common Desk. Savills represented ownership in all lease negotiations. Construction of new lab space is also now underway at The Ion District.

FacebookTwitterLinkedinEmail

HOUSTON — Partners Real Estate has arranged a 52,622-square-foot office sublease at Remington Square, an office park in northwest Houston. Dan Boyles of Partners represented the sublessee, Patterson-UTI Energy Inc., which provides drilling and pressure pumping services, in the lease negotiations. Jon Williams and Kevin Saxe of CBRE represented the sublessor, Acclara Solutions, a provider of medical billing services. Locally based developer Caldwell Cos. owns Remington Square.

FacebookTwitterLinkedinEmail

DALLAS — Lee & Associates has negotiated a 23,250-square-foot industrial lease in the Lake Highlands area of Dallas. According to LoopNet Inc., the property at 11025-11035 Switzer Road was built on 4.4 acres in 1981 and features 22-foot clear heights, 13 exterior dock doors and 98 parking spaces. Brett Lewis and Ken Wesson of Lee & Associates represented the landlord, Link Industrial Properties, in the lease negotiations. Andrew Johnson of Colliers represented the tenant, Logisticorp Wholesale Trade.

FacebookTwitterLinkedinEmail

BERLIN, VT. — Heidenberg Properties has completed the redevelopment of Berlin Mall, located just south of the Vermont state capital, into a mixed-use development and signed two new tenants to leases totaling roughly 60,000 square feet. The redevelopment began last year with the opening of Chestnut Place, a 98-unit seniors housing complex. Five Below opened a store at the property in February, and Hobby Lobby backfilled the former J.C. Penney anchor space in April. Heidenberg has also obtained approval for the addition of 30 residential units as well as a standalone, drive-thru Starbucks, and rebranded the property as Central Vermont Marketplace.

FacebookTwitterLinkedinEmail

ELMENDORF, TEXAS — Houston-based brokerage firm Finial Group has negotiated a 29,105-square-foot industrial lease renewal in Elmendorf, a southeastern suburb of San Antonio. According to LoopNet Inc., the property at 19940 I-27 S was built on 2.2 acres in 2013 and features 16- to 20-foot clear heights. Finial Group owns the building, and internal agents David Durham and Patrick Rubsamen negotiated the deal. Brian Schaffer of Realty Austin represented the tenant, Midwest Hose & Specialty, which serves the energy sector.

FacebookTwitterLinkedinEmail

DALLAS — Dallas-based Paceline Equity Partners has signed a 12,465-square-foot lease at The Offices at Turtle Creek Village in the Oak Lawn area of Dallas. The 18-story, 229,868-square-foot building was originally constructed in 1973 and offers a conference room and a tenant lounge. Travis Boothe and Zach Bean of Cushman & Wakefield represented the tenant in the lease negotiations. Tommy Nelson and Alexandra Cullins of CBRE represented the landlord, Los Angeles-based CIM Group, which acquired the building in 2017.

FacebookTwitterLinkedinEmail