Leasing Activity

Primark to Open 54,562 SF Store at Queens Center

by Taylor Williams March 2, 2023

NEW YORK CITY — Primark, an Irish apparel brand, will open a 54,562-square-foot, multi-level store at Queens Center, a shopping, dining and entertainment destination located in the borough’s Elmhurst neighborhood. An official opening date was not released. Other retailers at Queens Center include Apple, Adidas, Champs Sports, Macy’s, Pandora, Sephora and Victoria’s Secret, and the restaurant roster features Chick-fil-A, Shake Shack and The Cheesecake Factory. Los Angeles-based Macerich owns Queens Center.

March 2, 2023

Industrial Leasing Activity Northeast Pennsylvania

Früh Packaging Signs 63,480 SF Industrial Lease in Exton, Pennsylvania

by Taylor Williams February 28, 2023

EXTON, PA. — Swiss manufacturer Früh Packaging has signed a 63,480-square-foot, full-building industrial lease in Exton, about 35 miles west of Philadelphia. According to LoopNet Inc., the property was built on 26.5 acres in 2023, totals 113,000 square feet and features a clear height of 16 feet, 40 dock doors and 128-foot truck court depths. Mike Adams and Sarah Finney Miller of NAI Summit represented the tenant in the site selection and lease negotiations. Locally based developer Hankin Group owns the property.

February 28, 2023

Leasing Activity Multifamily New Jersey Northeast Retail

H Mart Opens 38,000 SF Grocery Store Within American Dream Megamall in Northern New Jersey

by Taylor Williams February 28, 2023

EAST RUTHERFORD, N.J. — Asian-American grocer H Mart has opened a 38,000-square-foot store within American Dream, a megamall and entertainment destination located within the Meadowlands sports complex in Northern New Jersey. Chuck Lanyard of The Goldstein Group and Jeff Chaus of Chaus Realty represented H Mart, which now operates more than 100 stores worldwide, in the lease negotiations. Canadian conglomerate Triple Five Group owns American Dream.

February 28, 2023

Industrial Leasing Activity New Jersey Northeast

RCF USA Signs 30,000 SF Industrial Lease in Piscataway, New Jersey

by Taylor Williams February 27, 2023

PISCATAWAY, N.J. — Electronics manufacturer RCF USA has signed a 30,000-square-foot, full-building industrial lease in the Northern New Jersey community of Piscataway. The building at 101 Circle Drive N. is situated within the 570,000-square-foot Rutgers Industrial Center and features a clear height of 35 feet, six dock doors and 38 parking stalls. Chuck Fern of Cushman & Wakefield represented the tenant in the lease negotiations. Jason Barton, also with Cushman & Wakefield, represented the landlord.

February 27, 2023

Industrial Leasing Activity Office Southeast Virginia

Five New Tenants Sign Leases at 171,000 SF Merritt Business Park in Quantico, Virginia

by John Nelson February 27, 2023

QUANTICO, VA. — Five new tenants will join Merritt Business Park at Quantico Corporate Center, a light industrial campus located along I-95 in Quantico. Three of the businesses — Full Distance Brewing, The Nova Systems and Two Marines Moving — are veteran-owned companies. Full Distance Brewing and Nova Systems will occupy 8,000 and 7,000 square feet, respectively. Merritt Properties has also signed leases with Top Notch Moving Services and The Continuum Group. Top Notch will take over 15,000 square feet, and Continuum will lease 7,200 square feet at the property, which is comprised of two single-story flex buildings. Both buildings feature 18-foot clear heights, access to a fiber-optic network, loading docks and drive-in capabilities for warehouse users.

February 27, 2023

Leasing Activity New York Northeast Restaurant Retail

Tishman Speyer Inks Two Restaurant Deals at The Spiral in Manhattan

by Taylor Williams February 27, 2023

NEW YORK CITY — Tishman Speyer has inked deals with chef Gabriel Kreuther and his business partners to open two new restaurants at The Spiral, the locally based real estate giant’s 65-story office tower in Manhattan’s Hudson Yards district. One concept will be a 5,700-square-foot full-service restaurant serving lunch and dinner that will be located on the corner of 34th Street and Hudson Boulevard. On the corner of 35th Street and Hudson Boulevard, the team will launch an all-day café serving breakfast and lunch. Both openings are slated for 2024.

February 27, 2023

Leasing Activity New Jersey Northeast Office

Cushman & Wakefield Negotiates 18,603 SF Office Lease in Hoboken, New Jersey

by Taylor Williams February 27, 2023

HOBOKEN, N.J. — Cushman & Wakefield has negotiated an 18,603-square-foot office lease at Waterfront Corporate Center I in Hoboken. The 14-story, 566,215-square-foot building is located within a larger, 1.5 million-square-foot complex across the Hudson River from Manhattan. David DeMatteis and Mina Shehata of Cushman & Wakefield represented the tenant, industrial investment firm Faropoint, in the lease negotiations. A partnership between New York City-based developer SJP Properties and private investor David Werner owns Waterfront Corporate Center I.

February 27, 2023

Leasing Activity Midwest Restaurant Retail Wisconsin

Starbucks Inks Two New Retail Leases in Wisconsin

by Kristin Harlow February 27, 2023

NEW RICHMOND AND SPARTA, WIS. — Starbucks has signed two new retail leases in Wisconsin. Each lease totals 2,460 square feet. The first property is located at 124 Grant Way in New Richmond, about 45 miles northeast of Minneapolis. The other is at 630 S. Black River St. in Sparta, about 28 miles east of La Crosse. Tony Colvin of Mid-America Real Estate represented Starbucks. The landlords for both properties were Jacques Holdings LLC and OLH II LLC.

February 27, 2023

Leasing Activity Michigan Midwest Retail

Meadowbrook Animal Clinic Signs 2,082 SF Lease at Shopping Center in Oakland Township, Michigan

by Kristin Harlow February 27, 2023

OAKLAND TOWNSHIP, MICH. — Meadowbrook Animal Clinic has signed a 2,082-square-foot, five-year lease at Country Creek Commons shopping center in Oakland Township, a northern suburb of Detroit. The veterinary clinic is relocating from Rochester Hills. Barry Landau of Dominion Real Estate Advisors LLC represented both the tenant and landlord.

February 27, 2023

Industrial Leasing Activity Texas

Factory Building Stores Signs 167,794 SF Industrial Lease in Lockhart, Texas

by Taylor Williams February 24, 2023

LOCKHART, TEXAS — Factory Building Stores, a distributor of home appliances, has signed a 167,794-square-foot, full-building industrial lease at Lockhart 130 Industrial Park in Central Texas. The rear-load building, which is slated for a fourth-quarter completion, will feature 32-foot clear heights and 37 dock doors. Omar Nasser of AQUILA Commercial represented the landlord, Titan Development, in the lease negotiations. Davis Bass and Geoff Hangartner of HPI Real Estate Services & Investments represented the tenant. Lockhart 130 Industrial Park will ultimately comprise four buildings on a 45.1-acre site.

February 24, 2023

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