Leasing Activity

1161-Olympic-Dr-Corona-CA

CORONA, CALIF. — BDK Logistics Intelligence has signed a deal to lease an entire industrial facility located at 1161 Olympic Drive in Corona. Monterey Rancho Mirage LLC owns the property. Terms of the lease were not released. Situated on 4.8 acres, the 114,190-square-foot building features 20 dock-high loading doors. Brett Lockwood and Rick Ellison of Cushman & Wakefield represented the landlord in the lease.

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FORT WORTH, TEXAS — Holt Lunsford Commercial has negotiated a 54,552-square-foot industrial lease in the Blue Mound/Saginaw area of Fort Worth. Blake Rogers of JLL represented the tenant, Strato Inc., a manufacturer of various industrial parts, in the lease negotiations. George Jennings, Trey Goodspeed and William Wilson of Holt Lunsford Commercial represented the landlord, Blue Ridge Industrial. 

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HOUSTON — Accounting firm Mohle Adams has signed a 15,029-square-foot office lease at 3900 Essex Lane in Houston’s Greenway Plaza district. The 12-story, 235,620-square-foot building offers an onsite bank, fitness center and conference facilities, and the lobby and corridors were recently upgraded. Ryan Hartsell of Oxford Partners represented Mohle Adams in the lease negotiations. Robert LaCoure and Bryce Adams of Lee & Associates represented the landlord, Florida-based Accesso.

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NEW YORK CITY — Financial services firm TimesSquare Capital Management has signed a 14,116-square-foot office lease at 75 Rockefeller Plaza in Midtown Manhattan. The tenant is relocating from 7 Times Square to the 30th floor of the building. Silvio Petriello of CBRE represented the tenant in the lease negotiations. Bruce Mosler of Cushman & Wakefield and internal agents Alexandra Budd and Daniel Birney represented the landlord, RXR.

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METAIRIE, LA. — The Feil Organization has signed Carr, Riggs and Ingram CPAs and Advisors, an accounting and advisory services firm, to a 15,508-square-foot office lease in metro New Orleans. The office building, Two Lakeway, is a 19-story, 449,309-square-foot property located within the three-tower Lakeway Complex in Metairie. The accounting firm, which is headquartered in Enterprise, Ala., signed a 10-year lease to occupy the 14th floor. The company’s office space will include a combination of private offices, open work areas, a wellness room, conference rooms, Zoom rooms with video conferencing capabilities and a recreation area with café-style tables, lounge areas, large-screen TV and ping pong and foosball tables. Bruce Sossaman of Corporate Realty represented Feil Organization in the lease negotiations, and Dale Kahhr of Newmark represented the tenant, which has offices in 12 states and Mexico.

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MILWAUKEE AND BROOKFIELD, WIS. — Planet Fitness has signed two new retail leases in metro Milwaukee. The first lease is for 12,995 square feet at 121 W. Oklahoma Ave. in Milwaukee. PJR Properties LLC is the property landlord. The second lease is for 26,975 square feet at the Shops on Bluemound, which is located at 16085 W. Bluemound Road in Brookfield. An entity doing business as HHAMB LLP is the landlord. Adam Dreier and Tony Colvin of Mid-America Real Estate represented the tenant in both leases.

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RICHARDSON, TEXAS — Talley Riggins Construction Group has expanded its headquarters facility at Campbell Creative Center, a 96,991-square-foot industrial flex property located in the northeastern Dallas suburb of Richardson. The general contractor now occupies 13,858 square feet after signing a co-terminus lease for 3,832 square feet of contiguous space. Jared Laake and Brian Pafford of Bradford Commercial Real Estate Services represented the landlord, an entity doing business as Kennington Campbell LLC, in the lease negotiations. Chris Wright of JLL represented Talley Riggins.

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450-Lexington-Ave.-Manhattan

NEW YORK CITY — RXR has inked a 700,000-square-foot office lease extension and expansion with global law firm Davis Polk & Wardwell LLP at 450 Lexington Avenue in Midtown Manhattan. The tenant has re-committed to the 40-story building, which was originally constructed in 1991, for the next 25 years and is taking an additional 30,000 square feet of space. The firm’s footprint now spans 23 floors. In conjunction with the deal, the locally based landlord also announced a $300 million renovation. Designed by Gensler, the project will include the full modernization of lobbies and the addition of numerous amenities. Renovations will also upgrade other common areas and the anchor tenant spaces. Lewis Miller, Andrew Sussman and Munish Viralam of CBRE represented Davis Polk & Wardwell in the lease negotiations. William Elder and Andrew Ackerman represented RXR on an internal basis.

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MT. PLEASANT, WIS. — St. John Properties Inc. has signed leases with three office tenants for more than 30,000 square feet at Mt. Pleasant Commerce Center in Mt. Pleasant, about 30 miles south of Milwaukee. The U.S. General Services Administration will relocate approximately 25 to 30 employees from 4020 Durand Ave. in Racine to 10,150 square feet in Mt. Pleasant by year’s end. Power transmission equipment manufacturer Twin Disc Inc., based in Racine, signed a lease for 15,482 square feet and will relocate its engineering division with roughly 45 employees by year’s end. Wisconsin Early Autism Project and Total Spectrum signed a lease for 5,536 square feet for its fifth location in metro Milwaukee. The group will take occupancy in October. Greg Fax represented St. John Properties on an internal basis.

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NORWOOD, N.J. — Orthofeet Inc., a provider of inserts and other custom footwear products, has signed a 71,870-square-foot industrial lease renewal in the Northern New Jersey community of Norwood. Orthofeet has been a tenant at the building at 335 Chestnut St., which spans 111,300 square feet and was constructed in 1969, since 2019. Stephen Jennings represented the landlord, Alfred Sanzari Enterprises, in the lease negotiations on an internal basis. Daniel Whitehead of Resource Realty represented Orthofeet.

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