Leasing Activity

Fitness Concept Signs 38,400 SF Lease at Grove Central Mixed-Use Development in Miami

by John Nelson March 14, 2023

MIAMI — Club Studio, a fitness retail concept and part of Fitness International LLC, has signed a 38,400-square-foot lease at Grove Central, a mixed-use development underway in Miami’s Coconut Grove neighborhood. A joint venture between Miami-based developers Terra and Grass River Property is developing Grove Central, which is expected to open in 2024. The project will feature a 23-story residential tower with 402 multifamily, workforce and co-living units, a new 1,250-space public parking garage and a total of approximately 170,000 square feet of neighborhood-oriented retail space. Other retailers committed at the project include Target, Sprouts Farmers Market, Total Wine and Five Below. Grove Central is situated adjacent to the Coconut Grove Metrorail station, The Underline linear park and U.S. Highway 1.

March 14, 2023

Leasing Activity Retail Texas

Gordon Food Service to Open Six New Stores in Metro Houston

by Taylor Williams March 14, 2023

HOUSTON, KATY AND LEAGUE CITY, TEXAS — Gordon Food Service, which provides packaged and fresh food products to restaurant owners and other foodservice professionals, will open six new stores in metro Houston. The stores will represent the first Texas locations for the brand and will span between 25,000 and 30,000 square feet. Four stores are opening today in Houston, Katy and League City, with the other two stores debuting in Houston at a later date.

March 14, 2023

Industrial Leasing Activity Massachusetts Northeast

Navisun Signs 60,282 SF Industrial Lease in Avon, Massachusetts

by Taylor Williams March 14, 2023

AVON, MASS. — Solar energy provider Navisun has signed a 60,282-square-foot industrial lease in the southern Boston suburb of Avon. According to LoopNet Inc., the property at 61 Strafello Drive was built in 1974 and renovated in 2022. Ovar Osvold, Sean Hannigan and Kevin Brawley of Colliers represented Navisun and the landlord, DH Property Holdings, in the lease negotiations.

March 14, 2023

Leasing Activity Michigan Midwest Retail

Joyful Tots Daycare Signs 6,750 SF Retail Lease at Village Plaza in Warren, Michigan

by Kristin Harlow March 13, 2023

WARREN, MICH. — Joyful Tots Daycare has signed a 6,750-square-foot retail lease at Village Plaza in Warren, a northern suburb of Detroit. Located at the northwest corner of 13 Mile and Mound roads, the shopping center totals roughly 100,000 square feet. Michael Murphy and Bill McLeod of Gerdom Realty & Investment represented the landlord, Shango Enterprise Group.

March 13, 2023

Development Florida Leasing Activity Mixed-Use Office Southeast

Nestle Signs Office Lease at 152,000 SF Midtown West Building in Tampa

by John Nelson March 13, 2023

TAMPA, FLA. — Nestle will relocate its Tampa headquarters to Midtown West, a 152,000-square-foot office building located within the 23-acre Midtown Tampa mixed-use development. The Switzerland-based company plans to open its new sales office later this year. Bill Reeves of Colliers represented Nestle in the lease negotiations. Lauren Coup and Brad Heeter of Highwoods Properties Inc. represented the landlord, Highwoods and Bromley Cos. The square footage of Nestle’s lease was not disclosed. Other tenants at Midtown West include RHI Magnesita, Savills, Randstad, Prudential, Primo Water and Greystar. Bromley and Highwoods have also broken ground on Midtown East, a new office building at Midtown Tampa. Upon completion, Midtown East will total 430,000 square feet across 18 floors, 143,000 square feet of which will be jointly owned by Bromley and Highwoods.

March 13, 2023

Leasing Activity Office Texas

Community Health Choice Texas Signs 82,706 SF Office Lease in Houston

by Taylor Williams March 13, 2023

HOUSTON — Community Health Choice Texas, a nonprofit health insurance agency, has signed a 82,706-square-foot office lease at Loop Central, a three-building complex in Houston. The campus, which was renovated in 2020, offers a fitness center, café/deli, tenant lounge, conference facility with kitchen and multiple indoor and outdoor seating areas. Kelli Gault, Jack Scharnberg, Doug Little and David Baker of Transwestern represented the landlord, Griffin Partners, in the lease negotiations. David Boyd of Boyd Commercial, along with Lucian Bukowski of CBRE, represented the tenant.

March 13, 2023

Industrial Leasing Activity Texas

Holt Lunsford Negotiates 10,865 SF Industrial Lease Renewal in Arlington

by Taylor Williams March 13, 2023

ARLINGTON, TEXAS — Holt Lunsford Commercial has negotiated a 10,865-square-foot industrial lease renewal in Arlington. According to LoopNet Inc., the property at 3411 Avenue D was built in 1969 and totals 45,368 square feet. Canon Shoults, Maddy Canty and Walker Floyd of Holt Lunsford represented the landlord, Taurus, in the lease negotiations. Adam Brown with NAI Robert Lynn represented the tenant, HVAC supplies vendor Barsco.

March 13, 2023

Leasing Activity Life Sciences Massachusetts Northeast

SmartLabs to Open 140,000 SF Flexible Space at CambridgeSide in Metro Boston

by Taylor Williams March 13, 2023

CAMBRIDGE, MASS. — SmartLabs, which designs, builds and operates multifunctional labs, will open a 140,000-square-foot flexible lab and office space at CambridgeSide, a mixed-use mall redevelopment located across the Charles River from Boston. The spaces will be located on the third floor and will be customizable to accommodate life sciences companies from fewer than 10 to more than 100 employees. The facility, which will be the fourth in the Boston area for SmartLabs, is slated to open in late 2024. A partnership between New England Development and a client advised by UBS Asset Management owns CambridgeSide.

March 13, 2023

Leasing Activity New York Northeast Office

Touro University to Expand Academic Campus at 3 Times Square in Manhattan

by Taylor Williams March 13, 2023

NEW YORK CITY — Touro University, a nonprofit higher education institute, will expand its academic campus at 3 Times Square in Midtown Manhattan. Touro, which originally leased seven full floors and portions of the ground and second floors totaling 243,305 square feet, is now adding 66,438 square feet on the 10th and 11th floors. Locally based investment firm Rudin owns 3 Times Square, which is currently in the midst of a capital improvement program. Richard Bernstein of Cushman & Wakefield, in conjunction with Touro internal agent Jeffrey Rosengarten, represented the university in the lease negotiations. Tom Keating of Rudin, along with Ron Lo Russo and Heather Thomas of Cushman & Wakefield, represented ownership.

March 13, 2023

Industrial Leasing Activity Massachusetts Northeast

DCNE Signs 70,337 SF Industrial Lease in Avon, Massachusetts

by Taylor Williams March 13, 2023

AVON, MASS. — DCNE, a wholesale distributor of HVAC systems, has signed a 70,337-square-foot industrial lease in the southern Boston suburb of Avon. The single-tenant property at 54 Bodwell St. sits on 4.6 acres and features 13 loading docks and a customer showroom. Ovar Osvold, Sean Hannigan and Kevin Brawley of Colliers represented DCNE and the landlord, DH Property Holdings, in the lease negotiations.

March 13, 2023

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