Leasing Activity

Blackstone to Invest $475M for Automated Distribution Center in North Carolina’s Triad

by John Nelson January 20, 2026

BURLINGTON, N.C. — Funds managed by Blackstone Credit & Insurance will invest $475 million to construct a highly automated grocery distribution center in Burlington, a city in North Carolina’s Triad region near Greensboro. The Blackstone affiliate purchased the 196-acre site for $46 million, according to Triad Business Journal. The company leased the site to Ahold Delhaize USA, the U.S. arm of global grocer Ahold Delhaize that operates the Food Lion, Giant Food and Stop & Shop grocery chains. Under the triple-net lease agreement, Blackstone Credit & Insurance will own the facility and fund 100 percent of the construction costs, while Ahold Delhaize USA will occupy the facility for the long-term with an option to purchase the site in the future. Construction of the new facility is expected to begin in the first quarter , with plans for the distribution center to be fully operational by 2029 and employ over 500 Ahold Delhaize associates.

January 20, 2026

Leasing Activity Office Texas

Porch Warranty Signs 11,569 SF Office Lease at Assembly Park in Plano, Texas

by Taylor Williams January 20, 2026

PLANO, TEXAS — Porch Warranty has signed an 11,569-square-foot office lease in Plano. The provider of home protection services is taking space within Assembly Park, a 180,000-square-foot property that is a redevelopment of the former Market Square Mall. Shannon Brown, Julee Amparo and Tommy Nelson of CBRE represented the landlord, Houston-based Triten Real Estate Partners, in the lease negotiations. Clay Vaughn and Olivia McNeel of Savills represented the tenant.

January 20, 2026

Leasing Activity New York Northeast Office

ING Americas Signs 30,783 SF Office Lease Expansion in Manhattan

by Taylor Williams January 20, 2026

NEW YORK CITY — ING Americas has signed a 30,783-square-foot office lease expansion at 1133 Avenue of the Americas in Manhattan. The affiliate of Dutch banking giant ING Group now occupies 153,915 square feet across five floors at the 1.1 million-square-foot building. Robert Stillman, Michael Geoghgan, Ryan Alexander, Paul Stimpfle, Harly Stevens and Marlee Teplitzky of CBRE represented the tenant in the lease negotiations. Tom Bow, Rocco Romeo and Nora Caliban internally represented the landlord, The Durst Organization.

January 20, 2026

Leasing Activity Office Texas

High Point Signs 11,183 SF Office Lease at Assembly Park in Plano, Texas

by Taylor Williams January 19, 2026

PLANO, TEXAS — High Point has signed an 11,183-square-foot office lease in Plano. The family-owned, Christian travel agency is taking space within Assembly Park, a 180,000-square-foot property that is a redevelopment of the former Market Square Mall. Shannon Brown, Julee Amparo and Tommy Nelson of CBRE represented the landlord, Houston-based Triten Real Estate Partners, in the lease negotiations. Bret Hefton and Mason Graham of JLL represented the tenant.

January 19, 2026

Leasing Activity New York Northeast Office

Fortune Society Signs 91,461 SF Office Lease Renewal, Expansion in Queens

by Taylor Williams January 19, 2026

NEW YORK CITY — The Fortune Society has signed a 31-year, 91,461-square-foot office lease renewal and expansion in the Long Island City area of Queens. The nonprofit organization that supports ex-convicts now occupies the entire 40,429-square-foot second floor, 37,469 square feet on the ground floor and 13,564 square feet on the lower level of the building at 29-76 Northern Blvd. Carri Lyon, David Lebenstein, Jared Thal and Nick Chin of Cushman & Wakefield represented the tenant in the lease negotiations.

January 19, 2026

Illinois Leasing Activity Midwest Office

Transwestern to Relocate Downtown Chicago Headquarters, Signs 35,000 SF Lease

by Kristin Harlow January 16, 2026

CHICAGO — Transwestern Real Estate Services has unveiled plans to relocate its Chicago office to 123 N. Wacker Drive, signing a long-term lease for 35,000 square feet for the tower’s penthouse. The brokerage firm plans to take occupancy this fall. The firm is departing from its location at 200 W. Madison St. after nearly 20 years. The Chicago office is one of two Transwestern locations in the metro area, with a second office in Rosemont serving the suburban office and industrial markets. Transwestern will occupy floors 28-30 of the building. The 28th floor features private outdoor space, while the 30th floor provides direct access to the building’s tenant lounge. The property also features a refreshed lobby, indoor-outdoor workspaces, a coffee bar, conferencing facilities and fitness center. Eric Myers of Transwestern and the firm’s agency leasing team will partner with Sterling Bay in representing office leasing at 123 N. Wacker Drive this year. The Transwestern team has prior experience with leasing the building. Larry Serota represented Transwestern on an internal basis, while Russ Cora and Austin Lusson of Sterling Bay represented the landlord.

January 16, 2026

Industrial Leasing Activity New York Northeast

FedEx Renews 125,000 SF Industrial Lease in Newburgh, New York

by Taylor Williams January 15, 2026

NEWBURGH, N.Y. — FedEx Corp. has renewed its 125,000-square-foot, full-building industrial lease at 100 Enterprise Drive in Newburgh, about 70 miles north of New York City. The freestanding building was developed as a build-to-suit to support FedEx’s air cargo operations at nearby Stewart International Airport. Tom Consiglio and Todd Hali of Resource Realty of Northern New Jersey represented the landlord, Chicago-based CenterPoint Properties, in the lease negotiations. FedEx was self-represented.

January 15, 2026

Illinois Leasing Activity Midwest Office

Transwestern Negotiates 159,403 SF of Office Leases at Civic Opera Building in Chicago

by Kristin Harlow January 14, 2026

CHICAGO — Transwestern Real Estate Services has negotiated 159,403 square feet of new and renewal office lease transactions at the Civic Opera Building, which is located at 20 N. Wacker Drive in Chicago. John Nelson, Eric Myers and Kathleen Bertrand of Transwestern serve as the broker representative team for the historic property. Transwestern’s Asset Services group manages the building. Since the beginning of 2025, 24 leases have been completed at the Civic Opera Building. Eight new tenants signed deals for a total of 102,260 square feet. Notably, coworking space provider Workbox signed a lease for 68,137 square feet. Fifteen tenants renewed their space for a total of 57,143 square feet. Built in 1928, the 915,000-square-foot, 44-story building was renovated in 2015. In 2021, the Circuit Court of Cook County appointed Transwestern as the receiver of the property. Amenities include a conference center, studio theater, fitness center, roof terrace and tenant lounge.

January 14, 2026

Leasing Activity New York Northeast Office

Arch Inc. Signs 73,581 SF Office Lease in Lower Manhattan

by Taylor Williams January 14, 2026

NEW YORK CITY — Arch Inc. has signed a 73,581-square-foot office lease in Lower Manhattan. The fintech firm will relocate from the nearby building at 111 E. 18th St. to the entire 30th and 31st floors of One Seaport Plaza, a 35-story building that was originally constructed in 1984. Evan Algier and Eric Hazen of Cushman & Wakefield represented the tenant in the lease negotiations. John Cefaly, Ethan Silverstein, Stephen Bellwood and Rachel Rosenfeld, also with Cushman & Wakefield, collaborated with internal agents Brett Greenberg and Adam Rappaport to represent the landlord, Jack Resnick & Sons.

January 14, 2026

Industrial Leasing Activity Lee & Associates Texas

Lee & Associates Negotiates 123,241 SF Industrial Lease in South Fort Worth

by Taylor Williams January 13, 2026

FORT WORTH, TEXAS — Lee & Associates has negotiated a 123,241-square-foot industrial lease in South Fort Worth. The space is located within Carter Industrial Park. Reid Bassinger, Trey Fricke and Schaefer Amos of Lee & Associates represented the tenant, ReturnPro, which provides post-purchase services for retailers, in the lease negotiations. Cheyenne Mungaray, Forrest Cook and Jeff Rein of Stream Realty Partners represented the landlord, Agellan Capital Partners Inc.

January 13, 2026

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