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Leasing Activity

Leasing ActivityMidwestMissouriRetail

Gabe’s Opens 76,000 SF Store at Mark Twain Village in St. Charles, Missouri

by Kristin Harlow

ST. CHARLES, MO. — Gabe’s has opened a 76,000-square-foot store at Mark Twain Village in the St. Louis suburb of St. Charles. First National Realty Partners (FNRP) owns the property. The lease marks the first Gabe’s location within FNRP’s portfolio and the first Gabe’s store in the state of Missouri. Gabe’s is an off-price retailer offering fashion and footwear, essentials, beauty, accessories and home merchandise. Gabe’s occupies the space formerly home to Gordman’s. The center is now 97 percent leased. Other tenants include Bass Pro Shops, Duluth Trading Co., Dungarees and Aldi.

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IllinoisIndustrialLeasing ActivityMidwest

Meeting Tomorrow Inks 20,300 SF Industrial Lease in Chicago

by Kristin Harlow

CHICAGO — Meeting Tomorrow, an audiovisual equipment rental company, has signed a lease for a 20,300-square-foot warehouse located at 4848 W. Lawrence Ave. in Chicago. Marc Hale and Ali Nix of DarwinPW Realty/CORFAC International represented the undisclosed landlord. Constructed in 1962, the building has been well-maintained and is furnished with racking and office furniture. It features one dock door and two drive-in doors.

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IndustrialLeasing ActivityTexas

JLL Negotiates 523,260 SF Industrial Lease at DFW Park 161 in Irving

by Taylor Williams

IRVING, TEXAS — JLL has negotiated a 523,260-square-foot industrial lease at DFW Park 161, a 197-acre development in Irving. The tenant, auto parts provider LKQ, will space at Logistics Center 12, a 707,940-square-foot building that features 40-foot clear heights, 60-foot loading bays and 190-foot truck court depths. Kurt Griffin and Nathan Orbin of JLL represented the landlord, a joint venture between Dallas-based Perot Development Co. and Atlanta-based Invesco Real Estate, in the lease negotiations. Jacob Bobek and Tim Vogds of CBRE represented LKQ.

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IndustrialLeasing ActivityTexas

MHC Truck Leasing Signs 20,020 SF Industrial Lease in Grand Prairie, Texas

by Taylor Williams

GRAND PRAIRIE, TEXAS — MHC Truck Leasing has signed a 20,020-square-foot industrial lease at 2626 W. Pioneer Parkway in Grand Prairie, located in the central part of the metroplex. The site spans 5.2 acres, and the building was completed in 2022, according to LoopNet Inc. Jarrett Huge and Alex Wilson of Lee & Associates represented tenant and the landlord, an entity doing business as Abdalla 2816 Pioneer LLC, in the lease negotiations.

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Leasing ActivityMidwestMissouriOffice

USCD Completes Lease-up of Forsyth Pointe Office Building in Clayton, Missouri

by Kristin Harlow

CLAYTON, MO. — U.S. Capital Development (USCD) has completed the lease-up of Forsyth Pointe, a 14-story office building totaling 226,000 square feet in the St. Louis suburb of Clayton. Emerson leased the remaining 105,000 square feet at the building as the new home for its global corporate headquarters. With the lease signing, the property will be renamed Emerson Tower. UMB Bank provided financing for the project. Amenities at Emerson Tower include a conference center and the Garden Terrace, which features one acre of green space, various seating areas, a putting green, fire pits and a 7,000-square-foot fitness center. USCD served as developer and Brentwood-Forsyth Partners 1 LLC is the owner.

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IllinoisLeasing ActivityMidwestMultifamily

Peak Realty Chicago Begins Leasing Efforts for 35-Unit Apartment Building in Lincoln Park

by Kristin Harlow

CHICAGO — Peak Realty Chicago has begun leasing efforts for a new 35-unit apartment building located at 2317 N. Clark St. in Chicago’s Lincoln Park neighborhood. The boutique development is located on the site of a former Walgreens. So far, 20 percent of the units have been leased in two weeks. The three-story building offers floor plans ranging from one- to three-bedroom units. Greif Properties was the developer.

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IndustrialLeasing ActivityTexas

Ashford Dairy Signs 52,000 SF Industrial Lease in Southwest Houston

by Taylor Williams

HOUSTON — Ashford Dairy has signed a 52,000-square-foot industrial lease at The Business Center at Five Corners in southwest Houston. The space includes a commissary, test kitchen and a refrigerated storage area. Owned by Levey Group and ANICO Eagle, The Business Center at Five Corners spans 550,000 square feet across five buildings. Nathan Wynne, Joseph Smith and Savannah Smith of CBRE represented Levey Group in the lease negotiations. Will Clay of JLL represented the tenant.

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Leasing ActivityLife SciencesMassachusettsNortheastOffice

Spindrift Renews, Expands Headquarters Space in Newton, Massachusetts

by Taylor Williams

NEWTON, MASS. — Spindrift, a provider of sparkling water, has renewed and expanded its headquarters space at Chapel Bridge Park, an office and life sciences development located in the western suburb of Boston of Newton. The tenant now occupies more than 20,000 square feet at the eight-building, 250,000-square-foot campus, which is owned by The Bulfinch Cos. Jared Pimm of CBRE represented Spindrift in the lease negotiations.

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IndustrialLeasing ActivityTexas

Porcelanosa USA Signs 70,000 SF Industrial Lease in Houston

by Taylor Williams

HOUSTON — Porcelanosa USA, a distributor of tile, flooring and other building materials, has signed a 70,000-square-foot industrial lease at The Business Center at Five Corners in Houston. Owned by Levey Group and ANICO Eagle, the 550,000-square-foot development consists of five buildings on a 44-acre site on the city’s southwest side. Buildings range in size from 69,000 to 139,000 square feet and feature a mix of front-load, cross-dock and rear-load configurations and 28- to 32-foot clear heights. Nathan Wynne, Joseph Smith and Savannah Smith of CBRE represented Levey Group in the lease negotiations. John Talhelm of JLL represented the tenant.

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Leasing ActivityOfficeTexas

Oxford Partners Negotiates 4,671 SF Office Lease in Houston

by Taylor Williams

HOUSTON — Local brokerage firm Oxford Partners has negotiated a 4,671-square-foot office lease at 2929 Allen Parkway in Houston. The 43-story building, which is located just west of the downtown area, was originally constructed in 1982 and totals 952,080 square feet, according to LoopNet Inc. D.J. Hale of Oxford Partners represented the tenant, Nguyen Office PLLC, in the lease negotiations. Kristin Rabel of CBRE represented the landlord.

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