WHEELING, ILL. — Cinergy Dine-In Cinemas is slated to open in July at the former CMX CinéBistro location at Wheeling Town Center in the Chicago suburb of Wheeling. The 40,000-square-foot, seven-screen theater will offer a dine-in theater experience. Wheeling Town Center, developed by The Lynmark Group, is now fully leased. This is the ninth location nationwide for Cinergy, which is operated by Dallas-based Cinergy Entertainment Group Inc. Other tenants at Wheeling Town Center include 312 Nails, Artic Spoon, AT&T, City Works, Inland Bank, Meat & Potato Urban Kitchen, Mia’s Cantina, Starbucks and The Learning Experience.
Leasing Activity
PHILADELPHIA — BioLabs, an incubator for life sciences companies, has signed a 30,151-square-foot lease expansion at The Curtis, a facility in Philadelphia’s Center City District that is a redevelopment of a historic publishing house. The tenant’s footprint is now 53,529 square feet, and the move-in is scheduled for early 2023. Other tenants at The Curtis, which also houses traditional office space, include Aro Biotherapeutics, IMVAX Inc. and Vivodyne. Keystone Development + Investment owns the property.
EAST RUTHERFORD, N.J. — Triple Five Group, the owner of the 3 million-square-foot American Dream shopping, dining and entertainment destination in Northern New Jersey, will soon open a 10,000-square-foot food hall. The food hall will feature seven concepts, including Van Leeuwen Ice Cream, Best Pizza and Vanessa’s Dumpling House, as well as wine bar Vinoteca and confectionary Lady M. The space will include seating and game areas and will be located near the live music and performance stage. A grand opening with a cornhole tournament, kids’ game and live music will take place on Wednesday, July, 13.
PLANO, TEXAS — Cheer Athletics, which provides instructional cheerleading classes and camps, will relocate its corporate headquarters and flagship gym to a 70,045-square-foot space within Plano Commerce Center. With the move, which should occur before the end of the year, Cheer Athletics will be doubling its footprint within the northern Dallas suburb. Allison Johnston Frizzo and David Harris of Hart Commercial represented Cheer Athletics in lease negotiations. Mike McCartan and Jeff White of Mark V Commercial represented the landlord, Provident Realty Advisors.
DALLAS — Multifamily investment and management firm RPM Living has signed a 16,403-square-foot office lease at Preston Commons, a 427,799-square-foot office park in North Dallas that is owned by California-based KBS. The three-building campus offers a health and wellness center, multiple dining options, business lounge, open-air courtyard with Wi-Fi and an upgraded lobby. Alexandra Cullins, Dennis Barnes and Jackie Marshall of CBRE represented KBS in the lease negotiations.
CAMBRIDGE, MASS. — Japanese pharmaceutical giant Takeda has signed a 600,000-square-foot life sciences lease in Cambridge’s Kendall Square neighborhood. Takeda will occupy the entirety of the 16-story building at 585 Third St., which is being developed by San Diego-based REIT BioMed Realty and is slated for a 2026 completion. CBT Architects designed the facility, which will include 15,000 square feet of flexible space and a 300-seat theater, both of which will be open to the public. CBRE represented BioMed Realty in the lease negotiations. Cushman & Wakefield represented Takeda.
DANBURY, CONN. — Target (NYSE: TGT) will open a 126,000-square-foot store at Danbury Fair, a regional mall located in southern Connecticut’s Fairfield County. The Minneapolis-based retailer will backfill a two-level space that was previously occupied by Sears for its first location in the city. J.C. Penney, Macy’s, Dick’s Sporting Goods and Primark are the other anchors at Danbury Fair, which is owned by Southern California-based REIT Macerich. An opening date was not disclosed. Target also recently backfilled a former J.C. Penney store at Macerich’s Kings Plaza in Brooklyn.
INDIANAPOLIS — Trends International Inc. has renewed its 180,000-square-foot industrial lease at 5110 W. 74th St. within Park 100 Business Park in Indianapolis. The tenant, which produces licensed posters, calendars, stickers and stationery products, renewed its lease for seven years. Sean McHale of Avison Young represented the tenant, while Grant Lindley of Cushman & Wakefield represented the landlord, LINK Industrial. The location serves as Trends International’s corporate headquarters.
WESLACO, TEXAS — Johnson Controls, a manufacturer and distributor of building products and equipment, will open a 123,000-square-foot industrial facility in the Rio Grande Valley city of Weslaco. The facility, which is scheduled to open late in the fourth quarter, sits on a 2.3-acre site and includes assembly, distribution and office space. The move is expected to add about 100 new jobs to the local economy. The company’s initial investment in Weslaco is approximately $5.5 million.
SAN ANTONIO — Total Quality Logistics, a provider of intermodal freight services, has signed a 17,590-square-foot office lease expansion at Exchange Tech Center in San Antonio. Total Quality Logistics now occupies 42,269 square feet at the building. Bryan Sethney of Cushman & Wakefield represented the tenant in the lease negotiations. Shawn Gulley and Rob Gish represented the landlord, Worth & Associates, on an internal basis.