Leasing Activity

Trinity Capital Signs Orbus Holdings to 224,797 SF Industrial Lease in Metro Charlotte

by John Nelson February 17, 2023

HUNTERSVILLE, N.C. — Trinity Capital Advisors has leased Interchange Logistics Center, a 224,797-square-foot industrial building located in Huntersville, roughly 15 miles north of Charlotte. Orbus Holdings, a lightbox and display manufacturer operating as SEG Systems, will occupy the entire building on a 10-year lease. Construction of the center is scheduled for completion in May, with the tenant upfit to be completed in the fourth quarter of this year. Adam Green of Stream Realty Partners represented Orbus Holdings in the lease negotiations. Spencer Yorke and Brad Cherry of JLL represented ownership.

February 17, 2023

Industrial Leasing Activity Texas

Quality Honeycomb Signs 60,000 SF Industrial Lease in Arlington

by Taylor Williams February 17, 2023

ARLINGTON, TEXAS — Quality Honeycomb, a supplier of aircraft parts, has signed a 60,000-square-foot industrial lease at 624 107th St. in Arlington. According to commercialcafé.com, the single-tenant property was built on three acres in 1970. Scott Voelkel of Dickey Property Co. represented the tenant in the lease negotiations. Mark Graybill of Lee & Associates represented the undisclosed landlord.

February 17, 2023

Illinois Leasing Activity Life Sciences Midwest

Dimension Inx Signs 6,410 SF Life Sciences Lease at Fulton Labs in Chicago

by Kristin Harlow February 17, 2023

CHICAGO — Dimension Inx, a biomaterials platform company that develops therapeutic products to restore tissue and organ function, has signed a 6,410-square-foot life sciences lease at Fulton Labs in Chicago. Owned by Trammell Crow Co. (TCC) and located in the city’s Fulton Market district, the campus spans two buildings and 725,000 square feet. Dimension Inx will occupy a science-ready lab suite at 1375 W. Fulton. The company currently operates out of two locations, one being at Illinois Tech’s University Technology Park and the other at Portal Innovations, which is part of Fulton Labs. Dimension Inx will move into its new headquarters space in March and will still maintain its presence at Portal Innovations. TCC’s science-ready lab suites are private labs available for immediate occupancy that range in size from 3,000 to 7,000 square feet. Tenants have access to building technology and amenities, including a shared lab equipment room, as well as flexible lease terms. Jonathan Metzl and Jack Keenan of Cushman & Wakefield represented Dimension Inx. CBRE handles the leasing and marketing for Fulton Labs.

February 17, 2023

Healthcare Leasing Activity New Jersey Northeast

Brave Wings Therapy Signs 12,954 SF Medical Office Lease in Fairfield, New Jersey

by Taylor Williams February 17, 2023

FAIRFIELD, N.J. — Brave Wings Therapy has signed a 12,954-square-foot medical office lease in the Northern New Jersey community of Fairfield. The pediatric speech therapy services provider has committed to Airport Executive Center, a four-story, 88,000-square-foot building that is owned by Bergman Real Estate Group. Andrew Kirshenbaum of NAI James E. Hanson represented Brave Wings Therapy in the lease negotiations.

February 17, 2023

Development Leasing Activity Maryland Mixed-Use Restaurant Retail Southeast

SJC Ventures Adds 11 New Tenants to Beacon Square Mixed-Use Development in Annapolis, Maryland

by John Nelson February 16, 2023

ANNAPOLIS, MD. — SJC Ventures has announced 11 new tenants joining Beacon Square, a mixed-use development underway in Annapolis. New tenants signing leases include Arhaus, Circa Lighting, Firebirds Wood Fired Grill, Mighty Quinn’s BBQ, Meg Fox Aesthetics, GNC, Aspen Dental, Inspire Nails, Cold Stone Creamery, Eggspectation and Jersey Mikes. The first openings are projected for late 2024. Additionally, Beacon Square will be anchored by a 43,000-square-foot grocery tenant that has not yet been announced. Atlanta-based SJC Ventures has tapped Ray Schupp, Suzanne Katz and Bryan Davis of H&R Retail to lease Beacon Square. In addition to the 52,000 square feet of shops and restaurants, Beacon Square will feature office space and 508 multifamily units. SJC Ventures and partner AvalonBay Communities purchased the land in early 2022 and began construction last August.

February 16, 2023

Industrial Leasing Activity Louisiana Southeast

Last-Mile Logistics Firm Signs 30,120 SF Industrial Lease in Gonzales, Louisiana

by John Nelson February 16, 2023

GONZALES, LA. — J.W. Logistics LLC, a last-mile delivery firm based in Texas, has signed a 30,120-square-foot lease at Pelican Point Commerce Center, a 32-acre industrial park in Gonzales. The tenant will occupy space at 8200 Highway 44, which fronts I-10 adjacent to the Louisiana Regional Airport. The facility features 16-foot clear heights, rear dock doors and surface parking spaces. The Gonzales site marks the third location for J.W. Logistics in Louisiana as the firm has existing locations in Baton Rouge and Shreveport. Kent McCoy of Centric Commercial represented the tenant in the lease negotiations. Todd Pevey represented the landlord, Baltimore-based St. John Properties, on an internal basis. St. John Properties is underway on the buildout of Pelican Point Commerce Center, which will span 265,000 square feet of flex industrial space upon completion. The developer has delivered approximately 100,000 square feet at the park to-date and is currently developing an 83,000-square-foot high-bay warehouse.

February 16, 2023

Leasing Activity Office Texas

Lucid Private Offices to Open 31,000 SF Flexible Space in Plano

by Taylor Williams February 16, 2023

PLANO, TEXAS — Lucid Private Offices, a provider of flexible workspace solutions formerly known as WorkSuites, will open a 31,000-square-foot space at International Tower in Plano. The company will occupy the fifth floor at the newly constructed office building. Trevor Franke and Gini Rounsaville of JLL represented the landlord, Billingsley Co., in the lease negotiations. John Pelletier and Austin Studebaker of Cresa represented Lucid Private Offices.

February 16, 2023

Development Leasing Activity Michigan Midwest Mixed-Use

Dancing Pine Korean Steakhouse Joins Tenant Lineup at Sakura Novi Mixed-Use Project in Michigan

by Kristin Harlow February 16, 2023

NOVI, MICH. — The Dancing Pine Korean Steakhouse has signed a lease to join the tenant lineup at Sakura Novi, an Asian-themed mixed-use development in Novi. Sakura Novi will feature a collection of Asian-themed restaurants, high-end retail shops, 117 townhome apartments as well as a Japanese-themed garden path, pond and public plaza. The Dancing Pine is a steakhouse brought to market by Seven York Inc., the owner behind many restaurants across metro Detroit such as Kimchi Box, Dae Jang Keum, Tomo Sushi, The Seoul, Blue Fish Asian Cuisine and Mama Satto. Cindy Ciura of CC Consulting assisted in bringing The Dancing Pine to the development. Sakura Novi LLC, an affiliate of Robert B. Aikens & Associates LLC, specializes in culturally themed real estate development, the creation of restaurant collections and mixed-use real estate development. Sakura Novi LLC has executed a joint venture agreement with Robertson Brothers Homes to construct the project’s rental townhome community. The units will feature private entrances, one- and two-car attached garages, first-floor offices and two- or three-bedroom layouts. The demolition of the buildings on the project site took place last fall. Prior to then, the project had been caught up in the pre-development process for multiple …

February 16, 2023

Healthcare Leasing Activity Texas

WellMed Medical Management Signs 11,599 SF Healthcare Lease in Garland, Texas

by Taylor Williams February 16, 2023

GARLAND, TEXAS — Primary and specialty care provider WellMed Medical Management has signed an 11,599-square-foot healthcare lease at Valoris Healthpark in Garland, a northeastern suburb of Dallas. The 73,000-square-foot facility was originally constructed in 2002, according to LoopNet Inc., and recently received $1.5 million in capital improvements. Austin Barrett of JLL represented the landlord, Prevarian Cos., in the lease negotiations. MedCore represented the tenant.

February 16, 2023

Leasing Activity Michigan Midwest Retail

Warehouse Pilates Signs 1,600 SF Retail Lease at Brookdale Square in South Lyon, Michigan

by Kristin Harlow February 16, 2023

SOUTH LYON, MICH. — Fitness concept Warehouse Pilates has signed a 1,600-square-foot retail lease at Brookdale Square in South Lyon, about 40 miles northwest of Detroit. The shopping center is located near the intersection of 9 Mile Road and Pontiac Trail. Michael Murphy and Tjader Gerdom of Gerdom Realty & Investment represented the landlord, Beztak Properties. Rob and Reece Hughes of RH Commercial Realty represented the tenant.

February 16, 2023

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