Wednesday, October 15, 2025
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Leasing Activity

5201 Gate Parkway
AcquisitionsFloridaLeasing ActivityOfficeSoutheast

SRS Real Estate Negotiates $38M Sale of Office Building in Jacksonville Leased to Deutsche Bank

by Abby Cox

JACKSONVILLE, FLA. — SRS Real Estate Partners has negotiated the $38 million sale of a 150,000-square-foot office building located at 5201 Gate Parkway in Jacksonville. Deutsche Bank fully occupies the property on a long-term, corporate-guaranteed lease. Built in 2006, the three-story building sits on 13 acres. Jeff Gates of SRS Capital Markets’ San Francisco office represented the seller, a New York-based institutional investor, in the transaction. The buyer was AJC Partners LLC, a private family office based in Michigan and New York City.

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Leasing ActivityOfficeTexas

Willow Bridge Signs 39,238 SF Office Lease in Dallas Arts District

by Taylor Williams

DALLAS — Willow Bridge Property Co. has signed a 39,238-square-foot office lease in the Dallas Arts District. The multifamily investment and management firm will occupy the entire 12th floor of One Arts Plaza, a 24-story building that was completed in 2007. Both Willow Bridge and the landlord, Billingsley Co., were self-represented. The deal brings the building to 92 percent occupancy.

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District Center
District of ColumbiaLeasing ActivityOfficeSoutheast

ADEA to Relocate D.C. Headquarters to District Center

by Abby Cox

WASHINGTON, D.C. — The American Dental Education Association (ADEA) has signed a lease to relocate to the District Center at 555 12th St. NW in Washington, D.C. ADEA will occupy approximately 30,000 square feet, which is half of the fourth floor, beginning in the first quarter of 2026. ADEA’s headquarters is currently located at the Association of American Medical Colleges (AAMC) at 655 K St. NW in D.C. Andy Eichberg, Matt Pacinelli and John Klinke of Stream Realty Partners represented the landlord in the lease transaction. Susan Thomas and Thomas Brown of CBRE represented ADEA.  District Center, owned by a joint venture between MetLife Investment Management and Norges Bank Investment Management, offers 850,000 square feet of office space and is 95 percent leased, with up to 6,500 square feet still available for lease. Amenities at the property include an atrium lounge, fitness center with group and personal training options, lockers, showers, ample bicycle storage and a rooftop sky lounge that spans 3,391 square feet with outdoor terraces. Retail and restaurant tenants at the center include Ristorante TOSCA, Celadon Spa & Salon, Saks OFF Fifth, Nordstrom Rack and Potbelly Sandwich Shop.

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IndustrialLeasing ActivityMidwestOhio

Piping Rock Signs 408,767 SF Industrial Lease at Turnpike Commerce Center in Northeast Ohio

by Kristin Harlow

SHALERSVILLE, OHIO — Piping Rock, a global vitamin and supplement manufacturer, has signed a 408,767-square-foot industrial lease at Turnpike Commerce Center in Shalersville near Cleveland. The lease represents 40 percent of the 1 million-square-foot building’s space. Geis Cos. and Stonemont Financial Group own the newly constructed, Class A facility, which anchors a 470-acre industrial park. Joe Messina and David Stecker of JLL represented ownership in the lease. Fred Herrera and Fred Ragsdale of CBRE represented the tenant. Turnpike Commerce Center features a clear height of 40 feet, cross-dock configuration, 330 trailer spaces, 179 dock positions, 60-foot speed bays and 3,253 square feet of office space. The facility is located less than one mile from the Ohio Turnpike (I-80).

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ConnecticutIndustrialLeasing ActivityNortheastOffice

L’Amy America Signs 27,461 SF Industrial Lease Renewal in Shelton, Connecticut

by Taylor Williams

SHELTON, CONN. — L’Amy America has signed a 27,461-square-foot industrial lease renewal in Shelton, located in southern Connecticut’s Fairfield County. The provider of eyewear products also signed a 5,016-square-foot lease for its new office headquarters in Shelton at a site that is about a mile away from the warehouse. John Hannigan of locally based brokerage firm Choyce Peterson represented the tenant in both deals.

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Leasing ActivityNew YorkNortheastRetail

Gap Factory to Open 12,800 SF Store in Commack, New York

by Taylor Williams

COMMACK, N.Y. — Gap Factory will open a 12,800-square-foot store in the Long Island community of Commack. The space is located within the 222,000-square-foot Mayfair Shopping Center. E.J. Moawad of Levin Management Corp. represented the undisclosed landlord in the lease negotiations. Michael Friedman of Inline Realty represented the tenant. A prospective opening date has not yet been determined.

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Leasing ActivityNorth CarolinaOfficeSoutheast

Trimont Signs 67,935 SF Lease at One South Office Tower in Uptown Charlotte

by John Nelson

CHARLOTTE, N.C. — Trimont, a global provider of commercial real estate loan services, has signed a lease to occupy 67,935 square feet at One South, a 40-story office tower located in Uptown Charlotte. The company plans to move into its new space, which will span three full floors, in January. John Flack and Taylor Ferguson of Savills represented Trimont in the lease transaction. John Hannon, Tim Arnold and Rhea Greene of Trinity Partners represented the undisclosed landlord. One South has had recent announcements of more than 125,000 square feet of office leases, including Deriva Energy (formerly known as Duke Energy Renewables), Dole Food Co.’s U.S. headquarters, Shumaker, Robert Half, Protiviti, Huntington National Bank and The Siegfried Group, as well as Krazy Curry, Ace No. 3 and Pet Wants. The property recently underwent $9 million of capital improvements. Amenities at One South include One Athletics, a 30,000-square-foot fitness facility that features an indoor pickleball court, fitness classes and high-end equipment and locker room facilities. Other amenities include a full-service café and cocktail bar, golf simulator, gaming lounge and a flexible event space with a retractable glass wall overlooking Trade and Tryon streets.

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Leasing ActivityOfficeTexas

Oxford Partners Negotiates 11,258 SF Office Sublease in West Houston

by Taylor Williams

HOUSTON — Locally based brokerage firm Oxford Partners has negotiated an 11,258-square-foot office sublease in West Houston. The space is located within the building at 2050 W. Sam Houston Parkway S. According to LoopNet Inc., the building was constructed in 2013 and spans 333,000 square feet. Vincent Vega of Oxford Partners represented the sublessee in the negotiations. Rob Johnson of Hughes Marino represented the sublessor.

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IndustrialLeasing ActivityMassachusettsNortheast

Hunneman Negotiates 70,872 SF Industrial Lease in Methuen, Massachusetts

by Taylor Williams

METHUEN, MASS. — Hunneman has negotiated a 70,872-square-foot industrial lease in Methuen, located along the Massachusetts-New Hampshire border. The tenant, CMC North America, a provider of sales and distribution services for aerial work platforms, will consolidate its regional footprint and headquarters via occupancy of the entire building at 200 Danton Drive, which includes 20,663 square feet of office space. Ken Oppenheim of Hunneman represented CMC North America in the lease negotiations.

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Leasing ActivityNew YorkNortheastOffice

ElderServe Health Signs 14,551 SF Office Lease Renewal in Brooklyn

by Taylor Williams

NEW YORK CITY — Nonprofit organization ElderServe Health has signed a 14,551-square-foot office lease renewal in the Midwood area of Brooklyn. The space is located on the second floor of the building at 1630 E. 15th St., which was constructed in 2006. Bert Rosenblatt, Peter Sabesan and Alex Gerome of Cresa represented the tenant, which does business as RiverSpring Health Plans, in the lease negotiations. Mike Taylor represented the landlord, Lincoln Property Co., on an internal basis.

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