AUSTIN, TEXAS — United Properties, a developer with offices in Colorado and Minnesota and Texas, has opened a new, 3,165-square-foot office on the 15th floor of Colorado Tower in downtown Austin. The company has relocated from 1617 W. Sixth St. Atlanta-based Cousins Properties owns Colorado Tower, which spans 373,000 square feet and offers amenities such as a fitness center, conference facility and onsite food-and-beverage options.
WHITESTOWN, IND. — Rockwell Automation Inc. (NYSE: ROK) has signed a 369,449-square-foot industrial lease renewal at Anson8A within the AllPoints at Anson industrial park in Whitestown, a northern suburb of Indianapolis. The property is situated near the I-65 logistics corridor. Jimmy Cohoat and Jason Speckman of Colliers represented the landlord, CBRE Investment Management.
COUNCIL BLUFFS, IOWA — Meristem Crop Performance Group LLC has inked a 42,810-square-foot industrial lease at 2101 S. 35th St. in Council Bluffs. The property is situated near I-29. Meristem is looking to expand its operations into metro Omaha. Kevin Stratman and Sydney Weller of Investors Realty represented the landlord, V & R Joint Venture.
NORCROSS, GA. — CIP Real Estate has signed Hyundai and Walgreens to leases at Gwinnett Commons, a 1.3 million-square-foot industrial park in the Atlanta suburb of Norcross. A division of Hyundai preleased a newly delivered, 88,500-square-foot distribution facility at 1760 Corporate Drive. The property features 28-foot clear heights and dock- and grade-level loading with oversize doors. Walgreens preleased an 89,500-square-foot facility at 1700 Corporate Drive that CIP plans to deliver in October. The automated warehouse will feature above-standard office finishes and 32-foot clear heights. CIP built both facilities on a speculative basis before preleasing to Hyundai and Walgreens. The properties represent $25 million in total construction costs. The design-build team includes general contractor Ordner Construction and architect Randall Paulson Architects. Pinnacle Bank provided construction financing.
CUT OFF, LA. — Dorsey Development Cos. has signed four new tenants to join the roster at Tarpon Heights Shopping Center, a 57,698-square-foot retail property in Cut Off. The center took a direct hit from Hurricane Ida in 2021, after which Dorsey has replaced the roof, rebuilt the façade and cleaned up debris at the site. Joining Tarpon Heights are Dollar General, which will return to its previous 11,398-square-foot space, as well as Bayou Ju Jitsu, El Viejon and Lafourche Parish Library. Bayou Ju Jitsu is a local martial arts studio, and El Viejon is a Mexican restaurant that is replacing the former El Paso restaurant.
INDIANAPOLIS — Adidas has signed a 599,000-square-foot industrial lease renewal at 8677 Logo Athletic Court in Indianapolis. Adidas utilizes the property as a finishing facility and produces screen-printed team sport apparel for both professional and amateur teams around the world. Jason Speckman of Colliers represented the landlord, Link Logistics Real Estate. Jimmy Cohoat, Andrea Hopper and Billy Powers of Colliers represented Adidas.
ADDISON, ILL. — UPS has inked a lease for a 34,700-square-foot industrial service facility located at 1404 W. Fullerton Ave. in Addison. The owner, Clear Height Properties, purchased the vacant property in September 2022 and executed a series of capital improvements, including a new roof, mechanical systems, drive-in doors, exterior painting and parking lot replacement. Dominic Carbonari of JLL negotiated the lease. Mary Kay McCreery of Strategic Leasing Law Group served as the attorney on behalf of Clear Height.
HALTOM CITY, TEXAS — Third-party freight services provider Ryder Integrated Logistics has signed a 234,478-square-foot, full-building industrial lease at Northmark Commerce Center in the Fort Worth metro of Haltom City. The site spans 20 acres, and the cross-dock facility includes a 104-stall trailer drop lot. Brad Struck and Clint Manning of Cresa represented the tenant in the lease negotiations. Matt Carthey and George Jennings of Holt Lunsford Commercial represented the landlord, Creation Equity.
HOUSTON — Method Architecture will open an 8,612-square-foot office at East River, a 150-acre mixed-use development in Houston’s Historic Fifth Ward. The tenant is relocating from a space on the east side of downtown Houston and expects to open this fall. About 60 employees will work in the office, which features an open layout with hotel-style workstations. Employees also have access to a nine-hole, par-three golf course that opened at East River in fall 2022, as well as pickleball courts, a restaurant and 15,000-square-foot music venue designed by Method. Midway owns East River.
SAN DIEGO — McCarthy Building Cos. is strengthening its presence in the San Diego market with a 30,000-square-foot lease at One Paseo, a newly developed mixed-use campus. McCarthy, known for its construction projects in the area, has chosen a prime location surrounded by retail and dining options for its new office. McCarthy’s new office space features modern design and amenities to support its construction and preconstruction services. JLL’s Nicole Winters, Shawn Lorentzen and Scott Wetzel represented McCarthy in the transaction.