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Leasing Activity

Brickstone-Square-Andover-Massachusetts
IndustrialLeasing ActivityMassachusettsNortheast

Employment Agency ALKU Signs 75,000 SF Office Lease in Andover, Massachusetts

by Taylor Williams

ANDOVER, MASS. — Employment agency ALKU has signed a 75,000-square-foot office lease at 100 Brickstone Square in the northern Boston suburb of Andover. Brickstone Square was originally constructed in 1922 and recently underwent a capital improvement program that delivered expanded café services, a fitness center, onsite bistro, game room and a new outdoor patio and courtyard. Blake Baldwin, Shayne O’Neil and Petra Flynn represented the landlord, KS Partners, in the lease negotiations. Joe Doyle of Cresa represented the tenant.

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Leasing ActivityNew YorkNortheastOffice

CBRE Negotiates 15,279 SF Office Lease in Midtown Manhattan

by Taylor Williams

NEW YORK CITY — CBRE has negotiated a 15,279-square-foot office lease at 750 Seventh Avenue, a 36-story office building in Midtown Manhattan that was originally built in 1990. Howard Fiddle, Brett Shannon, Arkady Smolyanky, Evan Fiddle and Jacob Rosenthal of CBRE represented the landlord, an entity doing business as 750 Seventh Ave NY LLC, in the lease negotiations. Matthias Li and Cole Chartash of Cushman & Wakefield represented the tenant, Korean financial institution Shinhan Bank, which will occupy the entire 26th floor.

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IndustrialLeasing ActivityMidwestMissouri

CBRE Pre-Leases 382,105 SF of Industrial Space at Aviator Business Park in Metro St. Louis

by Kristin Harlow

HAZELWOOD, MO. — CBRE has pre-leased a total of 382,105 square feet of industrial space to four tenants at Aviator Business Park in Hazelwood, a suburb of St. Louis. The pre-leased space is part of the latest expansion to the 155-acre industrial park. Three new buildings are slated to open later this month and are now 60 percent pre-leased. The new tenants include Pretium Packaging, which leased 178,128 square feet in Aviator 6; Federal Moving and Storage, which leased 97,734 square feet in Aviator 6, Community Wholesale Tire, which will occupy 76,058 square feet in Aviator 2; and Rivian, which inked a lease for 30,185 square feet in Aviator 5. Katie Haywood and John Frith of CBRE handled lease negotiations on behalf of the landlord and developer, California-based Panattoni Development Co. Inc. Kadean Construction is the general contractor. Panattoni purchased the Hazelwood Ford property in 2008 with plans to build Aviator Business Park. To date, the developer has completed six buildings that are fully occupied by tenants such as Graybar, International Foods and Weekends Only. Once the three new buildings are completed, the park will total more than 2.7 million square feet.

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Leasing ActivityMidwestOhioRetail

Lacrosse Unlimited Opens New Store in Columbus, Ohio

by Kristin Harlow

COLUMBUS, OHIO — Lacrosse Unlimited has opened a new store in the Worthington area of Columbus. Located at 2245 W. Dublin Granville Road, the store marks the 46th location nationwide and the first in Ohio for the lacrosse equipment supplier. Lacrosse Unlimited was founded in 1990 by the DeSimone family, avid lacrosse players, and is headquartered in Edgewood, N.Y.

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DevelopmentLeasing ActivityMidwestOhioRetail

Lucky’s Market to Anchor Thurber Village Redevelopment Project in Columbus, Ohio

by Kristin Harlow

COLUMBUS, OHIO — Lucky’s Market will join the tenant lineup at Thurber Village, a shopping center in Columbus undergoing redevelopment to include both retail and residential space. Lucky’s, a family-owned independent grocery store, will offer a mix of natural foods, fruits and vegetables. CASTO has owned Thurber Village since 2005. Redevelopment plans call for a 13,000-square-foot CVS store, a 21,000-square-foot Lucky’s store and 225 apartment units. The new CVS store will replace an existing CVS location. Construction is expected to begin this fall.

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HealthcareLeasing ActivityNew JerseyNortheast

Delaware Valley Retina Associates Signs 5,938 SF Healthcare Lease Renewal Near Trenton

by Taylor Williams

LAWRENCEVILLE, N.J. — Delaware Valley Retina Associates has signed a 5,938-square-foot healthcare lease renewal at Princess Road Office Park in Lawrenceville, a northern suburb of Trenton. Larken Associates owns the property, which comprises 47,094 square feet of office and medical office space across two buildings on a nine-acre site. Vinny DiMeglio of JLL represented the tenant in the lease negotiations.

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Leasing ActivityOfficeTexas

Invesco Signs 180,218 SF Office Lease Extension at Greenway Plaza in Houston

by Taylor Williams

HOUSTON — Atlanta-based investment management firm Invesco has signed a 180,218-square-foot office lease extension at Greenway Plaza, a 52-acre development located in between Houston’s Uptown and downtown districts. The tenant has re-committed to Eleven Greenway Plaza for a term in excess of 10 years. Amanda Nebel represented the landlord, Parkway, in the lease negotiations on an internal basis. John Shlesinger of CBRE represented Invesco. The 31-story, 745,871-square-foot building is now 87 percent leased.  

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Leasing ActivityRetailSoutheastVirginia

Planet Fitness to Open New Gym at Stony Point Village in Richmond

by John Nelson

RICHMOND, VA. — Planet Fitness has leased 17,476 square feet at Stony Point Village, a 114,422-square-foot shopping center located at 3000-3096 Stony Point Road in Richmond. The fitness chain expects to open the new location, its fifth in the Richmond market, this winter. Nicki Jassy of Cushman & Wakefield | Thalhimer represented Planet Fitness in the lease negotiations. James Ashby IV, also with Thalhimer, represented the unnamed landlord. In addition to the new Planet Fitness, Stony Point Village’s tenant roster includes Trader Joe’s, Good Foods Grocery, Gelati Celesti and Einstein Bros. Bagels.

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IndustrialLeasing ActivityNortheastPennsylvania

Colliers Negotiates 114,142 SF Industrial Lease in Carlisle, Pennsylvania

by Taylor Williams

CARLISLE, PA. — Colliers has negotiated a 114,142-square-foot industrial lease at 1400 Distribution Drive in Carlisle, a western suburb of Harrisburg. According to LoopNet Inc., the property was built in 2005 and totals 550,184 square feet. Mark Chubb, Michael Zerbe and Summer Coulter of Colliers represented the landlord, Prologis, in the lease negotiations. The name and representative of the tenant were not disclosed.

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Leasing ActivityNew YorkNortheastRetail

Advance Auto Parts Signs 7,000 SF Retail Lease on Long Island

by Taylor Williams

LEVITTOWN, N.Y. — Advance Auto Parts has signed a 7,000-square-foot retail lease at Levittown Mews Shopping Center on Long Island. Robert Delavale of Breslin Realty represented the landlord in the lease negotiations. The representative of the tenant was not disclosed. Other tenants at Levittown Mews include Walmart Neighborhood Market, Ulta Beauty, America’s Best Contacts & Eyeglasses, Lane Bryant and European Wax Center.

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