NEW YORK CITY — Novartis has renewed and extended its 15,865-square-foot office lease at 10 Bryant Park in Midtown Manhattan. The deal keeps the Swiss pharmaceutical giant on the entire 12th floor of the building, which was originally constructed in 1902, via a five-year extension. David Stockel of CBRE represented Novartis in the lease negotiations. JLL represented the landlord, Property & Building Corp.
COVINGTON, GA. — Logistics Property Co. LLC has signed three industrial leases totaling 373,000 square feet at Covington Commerce Center, a two-building industrial park in Covington, a city in Atlanta’s I-20 East submarket. The tenants were not disclosed, but Logistics Property Co. says the new users include both manufacturing and assembly tenants. The deals include a full-building lease at Building 100 and two deals at Building 200, where about 97,000 square feet remains available for lease. Myles Thomas of JLL represented the tenant in the Building 100 deal. Nathan Anderson and Matt Bentley of NAI Brannen Goddard represented the landlord in the lease deals. Civic partners at Covington Commerce Center include City of Covington, Newton County Economic Development and the Georgia Department of Economic Development.
BRANDYWINE, MD. — First National Realty Partners has signed three new tenants to join Brandywine Crossing, a 231,036-square-foot shopping center in Brandywine, a city roughly 27 miles from Washington, D.C. The new tenants at Brandywine Crossing include Burlington, which is backfilling a 25,310-square-foot space that previously housed Joann Fabric and Crafts, as well as Another Broken Egg Café and Buffalo Wild Wings Go. The new restaurants are set to open in the fourth quarter, and the Burlington store is expected to open in 2026. Brandywine Crossing sits on a 30-acre site and is anchored by a nearly 60,000-square-foot Safeway grocery store. Other existing tenants include Bonefish Grill, Panda Express, Marshalls, Advance Auto Parts, Truist Bank, Visionworks, Wells Fargo, AT&T and The UPS Store.
DOWNERS GROVE AND SCHAUMBURG, ILL. — Colliers has negotiated two new office leases totaling 33,771 square feet in the western suburbs of Chicago. In the first transaction, Mason Logistics leased 20,971 square feet in the master-planned Esplanade at Locust Point development in Downers Grove. The transportation, warehousing and supply chain services company will relocate from 1815 S. Meyers Road in Oakbrook Terrace, where it maintains roughly the same footprint, in August. Sven Sykes, Tom Volini and Brent Jacob of Colliers represented the tenant. Phil Sheriden represented the landlord, Hamilton Partners, on an internal basis. Sykes and Volini arranged a 12,800-square-foot lease for Meltzer, Purtill & Stelle LLC at Schaumburg Towers in Schaumburg. The law firm will vacate its 12,800 square feet at 1515 Woodfield Road, also in Schaumburg, in August. Doug Shehan and Dan Svachula of JLL represented ownership. Schaumburg Towers totals 890,000 square feet across two 20-story buildings.
COLUMBUS, OHIO — Five new retailers, including two first-to-Ohio locations, have opened or are coming soon at Easton Gateway, a collection of retail and restaurants located next to Easton Town Center in Columbus. Now open include SuitShop, SITKA Gear and Sí Señor. SuitShop’s first Ohio location offers yours-to-keep suits and tuxedos starting under $200. SITKA Gear invented the technical hunting apparel category. The location is the first in Ohio. Sí Señor Peruvian Sandwiches is a locally owned sandwich shop. although historically a lunch spot, the Easton restaurant will also serve dinner. Coming soon is Carhartt, which manufactures clothing known for exceptional durability and comfort. The store will be the first in Columbus. Bareburger will also open soon and is known for crafting burgers with organic and sustainably sourced ingredients. Easton Gateway is an extension and expansion of Easton Town Center and acts as the northeast anchor, or gateway, into the broader Easton development. Easton Gateway, developed in 2014, totals 650,000 square feet.
DALLAS — Local provider of global business communications management services 46 Labs has opened a 25,000-square-foot office in the historic West End area of Dallas. The company is relocating from 1701 Market St. to a former bread factory that was most recently occupied by Sam’s Club Innovation Center. The new office seats 50 employees and features three conference rooms, four private offices and multiple working spaces and private pods. Mike Kay led the Colliers team that represented 46 Labs in its site selection and lease negotiations.
HOUSTON — Allied Plastic Supply LLC has signed a 24,000-square-foot industrial lease in northwest Houston. According to showcase.com, the property at 5250 N. Sam Houston Parkway W was built in 2007 and features 24-foot clear heights. Garret Geaccone of Stream Realty Partners represented the landlord, Prologis, in the lease negotiations. Joe Berwick of JLL represented the tenant, which provides custom plastic fabrication services.
CAMBRIDGE, MASS. — Biogen Inc. (NASDAQ: BIIB) has unveiled plans for its new global headquarters in Cambridge, located across the Charles River from Boston. The biotechnology company has selected Kendall Common, located at 75 Broadway, as the site of its new hub as part of a multi-year consolidation plan in Massachusetts that encompasses Biogen’s existing facilities in the Kendall Square area of Boston. Specifically, Biogen has signed a 15-year lease to occupy 580,000 square feet of office and life sciences space at Kendall Common, which is being developed by a joint venture between Blackstone subsidiary BioMed Realty and the Massachusetts Institute of Technology (MIT) Investment Management Co. The space will feature upgraded workspaces and modern amenities, along with sustainable design elements such as advanced water conservation measures and energy-efficient systems. In addition, the building will house the Biogen CoLab, a classroom-style community laboratory and collaborative space. Occupancy is slated for 2028.
BURLINGTON, MASS. — Simon Property Group has welcomed 10 new retailers and restaurants to Burlington Mall, a 1.3 million-square-foot shopping, dining and entertainment destination located north of Boston. Kendra Scott, PacSun and Ten One Tea House will open in late spring, while Rowan, Van Leeuwen Ice Cream, Tobu, Sergeant Burgers and J7 Adventureland will open this summer. Asian restaurant concept ChoCho Hot Pot is also set to debut later in the year. Lastly, Verizon Wireless has relocated its business to a new space at the center and is currently open for business.
HOUSTON — Tytan International, a distributor of agricultural and industrial supplies, has signed a 31,945-square-foot industrial lease in northwest Houston. According to LoopNet Inc., the building at 14200 Hollister Road was constructed in 2012 and totals 88,170 square feet. Garret Geaccone of Stream Realty Partners represented the landlord, Prologis, in the lease negotiations. Devon Rogers of Hrothgar LLC represented the tenant.