Leasing Activity

NOBLESVILLE, IND. — USA Gymnastics will open its national office headquarters and Training & Wellness Center in Noblesville’s Innovation Mile district. Robert Hess, John Longshore, Stacy Davis and Ramya Gowda of Newmark represented the company in the two-year site selection process. The training center is expected to host National Team camps, competitions, coaching clinics and athlete wellness programs serving all gymnastics disciplines and thousands of athletes across the U.S. The Innovation Mile is a 600-acre business and technology district that is currently home to The Arena at Innovation Mile, the home of the G-League affiliate team to the NBA’s Indiana Pacers, as well as facilities for Caterpillar and the Indiana Orthopedic Institute. Future plans call for a mix of life sciences, healthcare and advanced manufacturing uses in the surrounding area.

FacebookTwitterLinkedinEmail

CHICAGO — Colliers has negotiated a 24,800-square-foot office lease for Shamrock Trading Corp. at 151 N. Franklin St. in Chicago. With the lease, the Kansas City-based firm establishes a presence in downtown Chicago to complement its location in Lombard, Ill. Tom Volini and Sven Sykes of Colliers represented Shamrock, which is the parent company of a growing family of brands in transportation services, finance and technology. Designed by John Ronan Architects, 151 North Franklin is a 35-story, 807,000-square-foot office tower.

FacebookTwitterLinkedinEmail

FAIRFIELD, N.J. — Locally based brokerage firm Resource Realty of Northern New Jersey has negotiated a 48,100-square-foot industrial lease renewal in Fairfield. According to propertyshark.com, the building at 19 Daniel Road was originally constructed on 3.1 acres in 1968. Greg Sabato of Resource Realty represented the tenant, locally based freight company Best-Way-Trucking, in the lease negotiations. Sabato also represented the undisclosed landlord.

FacebookTwitterLinkedinEmail

ANDOVER, MASS. — PEAK Events has signed a 16,000-square-foot industrial lease in Andover, located north of Boston. The regional event equipment provider is taking space at 4 Executive Place, a 168,000-square-foot building, alongside Red Thread, which recently leased 96,000 square feet of space within the building. Locally based investment and development firm Marcus Partners owns the building. Both parties were self-represented in the lease negotiations.

FacebookTwitterLinkedinEmail

NEW YORK CITY — TADA Youth Theater has renewed its 10,000-square-foot lease at 15 W. 28th St. in Manhattan’s NoMad district. The community program that produces original musicals for family audiences and hosts musical classes has occupied space at the building since 2002, and the renewal keeps the tenant in place for another five years. Josh Berger of Norman Bobrow & Co. represented the tenant in the lease negotiations. David Eshagpour represented the landlord, East Coast Management, on an internal basis.

FacebookTwitterLinkedinEmail

CHICAGO — Bradford Allen has secured a seven-year, 10,780-square-foot office lease renewal for Anesi Ozmon Ltd. at 161 N. Clark St. in Chicago’s Central Loop. Ben Azulay and Nathan Meisner of Bradford Allen represented the law firm, which handles personal injury, construction accident and workers’ compensation cases. The longtime tenant of the building is having its space reconfigured to include more private offices for attorneys. Designed by Kohn Pederson Fox and built in 1992, 161 N. Clark Street is a 50-story office tower with a 12th-floor tenant lounge, multiple conference rooms, a fitness center, bike storage and an open-air roof terrace with skyline views. First-floor retail tenants include Hannah’s Bretzel, Fifth Third Bank, DHL and Larry’s Shoe Shine.

FacebookTwitterLinkedinEmail

HOUSTON — BMC Software has signed a 95,827-square-foot office headquarters lease extension in West Houston. The space is located within the 21-story, 518,907-square-foot Building 4 of CityWest, a campus that comprises 1.5 million square feet across 35 acres. Scott Wegmann and Kevin Ray of Cushman & Wakefield represented the tenant in the lease negotiations. J.P. Hutcheson and Amanda Nebel, also with Cushman & Wakefield, represented ownership, a venture between Parkway Properties, 3Edgewood and Midway.

FacebookTwitterLinkedinEmail

HOUSTON — Stream Realty Partners has secured an 18,118-square-foot industrial lease in West Houston. According to LoopNet Inc., the building at 1325 S. Creek Drive was built in 1980 and totals 153,741 square feet. Garrret Geaccone and Boone Smith of Stream represented the landlord, Nuveen Real Estate, in the lease negotiations. The representative of the tenant, third-party logistics provider Lucky Dong, was not disclosed.

FacebookTwitterLinkedinEmail

NEW YORK CITY — Kinderhook Industries has signed an office lease expansion at 505 Fifth Avenue in Midtown Manhattan. The private investment firm inked a 10-year deal for the entire 24th floor, which brings its footprint at the 26-story building to 21,752 square feet across two full floors. Paul Glickman, Diana Biasotti and Harrison Potter of JLL represented the landlord, Stawski Partners, in the lease negotiation. Alexander Chudnoff and Kate Roush, also with JLL, represented Kinderhook Industries.

FacebookTwitterLinkedinEmail

BELLINGHAM, MASS. — New England Appliance Group has signed a 124,000-square-foot industrial lease in Bellingham, located southwest of Boston. The independent retailer cooperative will occupy the entirety of the building at 206 Mechanic St. Locally based investment and development firm Marcus Partners owns the building. Both parties were self-represented in the lease negotiations.

FacebookTwitterLinkedinEmail