Leasing Activity

Five New Tenants Join Northwood Landing in Pittsboro, North Carolina

by Hayden Spiess September 28, 2023

PITTSBORO, N.C. — Five new tenants have joined the lineup at Northwood Landing, a 62,000-square-foot retail center recently developed in Pittsboro, roughly 35 miles east of Raleigh. Dunkin’ Donuts will occupy a 2,100-square-foot building, and FirstHealth of the Carolinas will open a 4,849-square-foot clinic at the property. Vet Pets and Zaxby’s will join the center as well, leasing 2,750 and 3,162 square feet, respectively. Hubie’s Express Car Wash will also open at the property in the fourth quarter of this year. A 44,000-square-foot Lowes Foods anchors the center, which comprises multiple buildings and 10 outparcels situated across from MOSAIC, a $180 million entertainment and lifestyle development. Lee & Associates has been designated as the property manager for Northwood Landing.

September 28, 2023

Leasing Activity Massachusetts Northeast Office

Goulston & Storrs Signs 100,000 SF Office Lease in Downtown Boston

by Taylor Williams September 28, 2023

BOSTON — Law firm Goulston & Storrs has signed a 100,000-square-foot office lease at One Post Office Square in downtown Boston. According to Wikipedia, the recently renovated building rises 42 stories, totals roughly 832,000 square feet and includes a 368-space parking garage. Goulston & Storrs has engaged Elkus Manfredi Architects to design the build-out of the space, which will house about 350 employees across four floors that will be connected by an internal staircase. The move-in is scheduled for next spring.

September 28, 2023

BarnesNoble-Third-Street-Promenade_Santa-Monica-Calif

California Leasing Activity Retail Western

Barnes & Noble to Open 21,000 SF Store in Santa Monica, California

by Amy Works September 27, 2023

SANTA MONICA, CALIF. — Barnes & Noble will open a store within a 21,000-square-foot space at Third Street Promenade in Santa Monica. This marks the return of the retailer to the property following a five-year hiatus. Other new tenants at the center include fitness brand JOHN REED and pickleball venue Pickle Pop.

September 27, 2023

Leasing Activity Office Texas

Simmons Bank Signs 26,982 SF Office Lease Renewal in Southwest Fort Worth

by Taylor Williams September 27, 2023

FORT WORTH, TEXAS — Simmons Bank has signed a 26,982-square-foot office lease renewal at Overton Centre, a two-building, 417,465-square-foot complex in southwest Fort Worth. The property offers amenities such as a newly renovated lobby, deli and a fitness center. Matt Carthey and Jake Neal of Holt Lunsford Commercial represented the landlord, an entity doing business as FLDR/TLC Overton Centre LP, in the lease negotiations. Simmons Bank was self-represented.

September 27, 2023

Leasing Activity North Carolina Office Southeast

Six New Tenants Sign Office Leases at The Grove in Raleigh, North Carolina

by Hayden Spiess September 27, 2023

RALEIGH, N.C. — Six new tenants have signed leases at The Grove, an office redevelopment project currently underway in Raleigh. The new tenants include Allbridge, BWE, EDSA, RHA Wealth and VetPride Services. The Grove, which is now roughly 30 percent preleased, features 152,000 square feet of office and 16,000 square feet of amenity space across two buildings. Amenities at the property include conference facilities, a 5,000-square-foot gym, indoor pickleball courts, a covered porch, library and café/bar. CBRE|Raleigh’s Investor Leasing Group represented the landlord, Chartwell Property Group, in the leasing negotiations.

September 27, 2023

Leasing Activity New York Northeast Restaurant Retail

Partnership Opens 22,000 SF Entertainment Venue in Manhattan

by Taylor Williams September 27, 2023

NEW YORK CITY — A partnership between Tiger Woods, Justin Timberlake, NEXUS Luxury Collection and 8AM Golf have opened a 22,000-square-foot sports and entertainment bar between Bryant Park and Grand Central Station in Manhattan. Dubbed T-Squared Social, the venue offers an array of golf simulators, duckpin bowling and darts, as well as food and drink. ForrestPerkins designed the space, which features 24-foot open ceilings, a 32-foot bar, dining and lounge areas and a private event room.

September 27, 2023

Leasing Activity Office Texas

Moroch Partners Signs 24,000 SF Office Lease in Dallas Design District

by Taylor Williams September 26, 2023

DALLAS — Marketing and communications firm Moroch Partners has signed a 24,000-square-foot office lease at 147 Manufacturing Drive in the Dallas Design District. The firm is relocating from Hall Street at The Centrum and plans to move its employees into its new headquarters space in 2024. Paul Wittorf, Kim Brooks, Laney Delin and Collin Burwinkel of Transwestern represented the landlord, Dallas-based Quadrant Investment Properties, in the lease negotiations. Jihane Boury and Clay Vaughn of Savills represented the tenant.

September 26, 2023

Leasing Activity Retail Texas

Swig to Open 19,161 SF Beverage Fountain at Grand at Aliana in Richmond, Texas

by Taylor Williams September 26, 2023

RICHMOND, TEXAS — Swig, a Utah-based drink concept with 54 locations across four states, will open a 19,161-square-foot beverage fountain in the southwestern Houston suburb of Richmond. The space will be situated on a pad site that is under construction at Grand at Aliana, a development by Houston-based NewQuest Properties. Jeff Hayes and Travis Waltmon of Paul Duro Commercial Partners represented Swig, which is targeting a January opening, in the lease negotiations.

September 26, 2023

Leasing Activity Life Sciences Massachusetts Northeast

Colliers Negotiates 101,000 SF Life Sciences Lease in Devens, Massachusetts

by Taylor Williams September 26, 2023

DEVENS, MASS. — Colliers has negotiated a 101,000-square-foot life sciences lease at Pathway Devens, a 45-acre campus located about 50 miles northwest of Boston. John Carroll III and Kevin Brawley of Colliers represented the tenant, Ascend Elements, which produces parts for lithium ion batteries, in the lease negotiations. Brian McKenzie and Alex Plaistead of CBRE represented the landlord, Boston-based King Street Properties. The deal brings the first phase of the development to full occupancy.

September 26, 2023

Illinois Industrial Leasing Activity Midwest

Advanced Plastic Corp. Signs 87,703 SF Industrial Lease in Des Plaines, Illinois

by Kristin Harlow September 26, 2023

DES PLAINES, ILL. — Advanced Plastic Corp. has signed an 87,703-square-foot industrial lease in the Chicago suburb of Des Plaines. The custom plastic extrusion company will occupy the entire building, which is located on Marshall Drive. Rick Anesi of Lee & Associates of Illinois represented the tenant. Jeff Janda, John Cassidy and Brad Simousek of Lee & Associates of Illinois represented the owner, DRA Advisors.

September 26, 2023

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