Leasing Activity

Automotive Firm Signs 101,000 SF Industrial Lease in Virginia Beach

by John Nelson August 3, 2023

VIRGINIA BEACH, VA. — Power Train Industries Inc., an automotive firm and subsidiary of Dorman Products Inc., has signed a 101,000-square-foot industrial lease in Virginia Beach. The property is located at 464 Progress Lane, a 10-acre property within Oceana East Industrial Park. Located one mile south of I-26, the property features 28-foot clear heights, seven loading docks, 6,000 square feet of office space and 233 parking spaces. Power Train Industries expects to move into the facility around January 2024. John Lee of John Lee & Associates represented the tenant in the lease negotiations. The landlord is The Miller Group.

August 3, 2023

Leasing Activity Office Texas

IHI Energy Solutions Signs 17,816 SF Office Headquarters Lease in Houston

by Taylor Williams August 3, 2023

HOUSTON — IHI Energy Solutions, a provider of carbon reduction technologies, has signed a 17,816-square-foot office headquarters lease at Atrium at Park Ten in Houston’s Energy Corridor area. The deal brings the 140,000-square-foot building to 98 percent occupancy. Kim Shapiro and Mike Martin of Avison Young represented the landlord, Florida-based Accesso, in the lease negotiations. Jennifer Meehan of Savills represented the tenant.

August 3, 2023

Illinois Leasing Activity Midwest Retail

Three New Tenants to Open at Deer Park Town Center in Suburban Chicago

by Kristin Harlow August 3, 2023

DEER PARK, ILL. — Three new tenants are opening at Deer Park Town Center in the Chicago suburb of Deer Park. Sweetgreen opened a 2,156-square-foot restaurant in July. Victoria’s Secret will occupy 4,965 square feet. Construction on that store is scheduled to begin this fall. The Shade Store, a retailer offering customized window treatments, blinds, shades and drapes, is scheduled to open in spring 2024. Additionally, three existing tenants have either renovated their space or plan to do so. Pottery Barn is in the process of a renovation that will expand its square footage to approximately 12,000 square feet. Completion is slated for this fall. Bath & Body Works recently relocated its store to a new 3,710-square-foot space. Crate & Barrel plans to remodel its store, with completion in time for the start of the holiday shopping season. Managed by JLL, Deer Park Town Center is an outdoor lifestyle center featuring more than 60 retail, restaurant and service brands.

August 3, 2023

Leasing Activity Midwest Minnesota Retail

Home Choice Debuts New Store in Cottage Grove, Minnesota

by Kristin Harlow August 3, 2023

COTTAGE GROVE, MINN. — Home Choice has opened a new store at 6990 80th St. in Cottage Grove, about 10 miles south of St. Paul. A ribbon-cutting ceremony and grand opening celebration is scheduled for Friday, Aug. 4. Home Choice, part of the Rent-A-Center Inc. family, operates 20 locations in Minnesota. The retailer sells furniture, appliances, computers and electronics.

August 3, 2023

Indiana Leasing Activity Midwest Restaurant Retail

El Toro Bravo Opens at The Shops at Perry Crossing in Plainfield, Indiana

by Kristin Harlow August 3, 2023

PLAINFIELD, IND. — El Toro Bravo, a regional Mexican restaurant, has opened at The Shops at Perry Crossing in Plainfield, a western suburb of Indianapolis. The 3,886-square-foot restaurant features a patio. El Toro Bravo’s menu consists of classic Mexican dishes such as burritos, quesadillas and gorditas. There are currently seven El Toro Bravo locations across the Midwest. Managed by JLL, The Shops at Perry Crossing is an outdoor lifestyle center featuring more than 50 retail, restaurant and service brands.

August 3, 2023

Indiana Leasing Activity Midwest Office

Parkview Hospital Renews 3,523 SF Office Lease in Warren, Indiana

by Kristin Harlow August 3, 2023

WARREN, IND. — Parkview Hospital Inc. has renewed its 3,523-square-foot office lease on Bennett Drive in Warren, about 35 miles southwest of Fort Wayne. The lease term is three years. Chad Voglewede and Bill Drinkall of Bradley Co. represented the landlord, Jackson Asset Group 1 LLC.

August 3, 2023

Industrial Leasing Activity Northeast Pennsylvania

Stateside Vodka Signs 40,000 SF Industrial Lease in Northeast Philadelphia

by Taylor Williams August 3, 2023

PHILADELPHIA — Stateside Vodka has signed a 40,000-square-foot industrial lease at Crown 95 Logistics Center in northeast Philadelphia. The development is located roughly six miles outside of the downtown area and consists of 381,200 square feet of newly built logistics/distribution space and 130,000 square feet of renovated/adaptively reused industrial space. Colliers represented the landlord, Court Street Ventures, in the lease negotiations. Cushman & Wakefield represented the tenant.

August 3, 2023

Leasing Activity Retail Texas

Spec’s Signs 30,000 SF Retail Lease in Pflugerville, Texas

by Taylor Williams August 2, 2023

PFLUGERVILLE, TEXAS — Spec’s Wine, Spirits & Finer Foods has signed a 30,000-square-foot retail lease at Stone Hill Town Center in the northern Austin suburb of Pflugerville. The retail power center is located at the intersection of State Highways 130 and 45 and is home to tenants such as Super Target, Ross Dress for Less, Dick’s Sporting Goods, Best Buy, Cinemark Theaters, 24 Hour Fitness and St. David’s Healthcare. Josh Friedlander and Kevin Sims of NewQuest Properties internally represented the landlord in the lease negotiations. Dawn Hilty of SFP Brokerage LLC represented the tenant.

August 2, 2023

Industrial Leasing Activity Midwest Wisconsin

Quality Logistics Solutions Signs Two New Leases in Wisconsin

by Kristin Harlow August 2, 2023

MOUNT PLEASANT AND STURTEVANT, WIS. — Quality Logistics Solutions has signed two new industrial leases in Wisconsin. The firm will occupy 9,840 square feet at 7900 Durand Ave. in Mount Pleasant, about 30 miles south of Milwaukee, and 4,472 square feet at the Renaissance Business Center in Sturtevant, just south of Mount Pleasant. Bob Flood and Brian Flood of Founders 3 Real Estate Services represented the tenant. The landlords were not disclosed.

August 2, 2023

Leasing Activity Retail Texas

Flix Brewhouse Signs 40,000 SF Retail Lease in Mansfield, Texas

by Taylor Williams August 1, 2023

MANSFIELD, TEXAS — Flix Brewhouse has signed a 15-year lease to open a 40,000-square-foot theater at The Shops at Broad, a retail center located in the southern metroplex suburb of Mansfield. Scheduled to open this fall, the venue will feature nine auditoriums and offer in-theater dining service. Sam Kartalis of Younger Partners and John Weber of Weber & Co. negotiated the lease on behalf of the landlord, Trez Capital. The venue will be the fifth in Texas and 10th nationwide for Flix Brewhouse.

August 1, 2023

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