OVERLAND PARK, KAN. — Dynamic Logistix has signed a lease totaling 44,483 rentable square feet of office space at Overland Park Xchange, a 733,400-square-foot office building in Overland Park. The third-party provider of shipping technology and freight solutions is relocating its headquarters from 7220 W. 98th Terrace in Overland Park. The company is scheduled to take occupancy of its new space today (Friday, April 29). Ryan Schneider of JLL negotiated the lease. Occidental Management owns Overland Park Xchange.
Leasing Activity
BENSENVILLE, ILL. — Transportation company Grane Distribution Services LLC has renewed its 174,824-square-foot industrial lease at 703 Foster Ave. in the Chicago suburb of Bensenville. The building, constructed in 1972, features 21 exterior docks, 14 interior docks and one drive-in door. George Cibula and Rick Daly of Darwin Realty/CORFAC International represented the landlord, Welbic Investments LLC, of which Speedwagon Capital Partners LLC is a partner. Grane has operated in the Chicago area since 1925.
HOFFMAN ESTATES, ILL. — Headline Solar has leased 15,000 square feet of office space for its new headquarters at Bell Works Chicagoland in the Chicago suburb of Hoffman Estates. Bell Works is a $200 million redevelopment of the former AT&T campus. Headline Solar, a Midwest-based solar company, is relocating from a roughly 3,500-square-foot office at 1750 E. Golf Road in Schaumburg. Gregg Espach, Patrick Kobilca and Bryant McKenzie of Vestian represented Headline Solar in the lease negotiations. The 10-year lease included flexible terms, buildout allowances, the right to scale occupancy and swing space to house employees while the buildout was being completed, according to Vestian. Headline Solar is set to move into its new space by the end of this month.
LEWISVILLE, TEXAS — WIS International, a provider of global inventory and data collection services, has signed a 70,996-square-foot office lease at Crown Centre, a 140-acre corporate campus located in the northern Dallas suburb of Lewisville. Robbie Baty and Mike Wyatt of Cushman & Wakefield represented the tenant, which plans to move in on Dec. 1, in the lease negotiations. Lauren Halstedt, Ashley Curry and James Esquivel of JLL represented the landlord, Bright Realty.
ISELIN, N.J. — Invitae, a provider of genetic testing services, has signed a 28,000-square-foot office lease renewal and expansion at Woodbridge Corporate Plaza in the Northern New Jersey community of Iselin. The lease term is 10 years. The 630,000-square-foot campus features a fitness center, conference and training facilities, a cafeteria with outdoor seating and an onsite dry cleaner. Charlie Hatfield led a Colliers team that represented the tenant, which is expanding its footprint by 13,500 square feet, in the lease negotiations. The name and representative of the landlord were not disclosed.
NEW HILL, N.C. — JLL has secured an approximately 340,000-square-foot lease with FedEx Ground at TIP West within Triangle Innovation Point, a 2,200-acre life sciences and advanced manufacturing park in New Hill. Matt Winters and Al Williams of JLL handle marketing and leasing for the park on behalf of ownership, a joint venture between Samet Corp., Lee-Moore Capital and a Denver-based family office. FedEx Ground will fully occupy Building One at TIP West, which is currently under construction. The building is part of the first phase of development at Triangle Innovation Point and will deliver by the end of the year. FedEx Ground is set to occupy the space in early 2023. Triangle Innovation Point can be subdivided for specific users as needed, with lot sizes ranging from 10 to 1,000 acres, and building layouts from 35,000 square feet up to 1 million square feet. Triangle Innovation Point is located close to the Research Triangle Park and Raleigh-Durham International Airport.
MORRISVILLE, N.C. — Trinity Capital Advisors has signed a 25,972-square-foot lease with Enzyvant at Southport Innovation Center, a 95-acre life sciences and technology campus in Morrisville. Enzyvant, a Cambridge, Mass.-based biotech company focusing on tissue-based regenerative therapies, is slated to occupy 50 percent of 101 Southcenter Court. With the new tenant, Southport Innovation Center is 87 percent leased. The new space at Southport Innovation Center will have customized labs and offices, including clean rooms for the manufacturing of Enzyvant’s recently approved tissue-based regenerative therapy. Southport Innovation Center features 17 buildings totaling 911,700 square feet of space. The buildings are a mix of lab, office and flex buildings. Property amenities include a fitness center and locker rooms, lounge, bar and café, conference center and an outdoor gathering space.
ALLENTOWN, PA. — iQor, a Florida-based provider of business process outsourcing (BPO) solutions, has opened a 30,000-square-foot office in the Lehigh Valley city of Allentown. The space includes a fitness center and a café and replaces iQor’s old facility in nearby Bethlehem. The company, which more specifically provides customer service, third-party collections and accounts receivable management, employs about 35,000 people across 10 countries.
CONROE, TEXAS — NAI Partners has negotiated a 9,991-square-foot industrial lease at 501 Hickerson St. in Conroe, located about 40 miles north of Houston. According to LoopNet Inc. the single-tenant property was built in 2015. Travis Land and A.J. Williams of NAI Partners represented the landlord in the transaction. Neal King of SVN | J. Beard Real Estate — Greater Houston represented the tenant, e-commerce firm H5 Products Inc.
BRIGHTON, MICH. — Three new retail tenants have signed leases to open at Green Oak Village Place in Brighton, about 45 miles northwest of Detroit. Athleta, F45 Training and US Mattress are all slated to open this summer. Athleta will occupy 4,400 square feet. Part of the Gap Inc. portfolio, Athleta is an athletic retailer that sells women’s apparel and operates more than 220 stores across the United States and Canada. F45 will occupy 2,838 square feet. The “F” stands for functional and the 45 represents the 45-minute length of each workout session. There are more than 1,750 F45 studios worldwide. US Mattress, which operates 27 locations across Michigan, will lease 3,000 square feet. Green Oak Village Place, a neighborhood town center, is home to more than 50 retailers and restaurants. A joint venture between REDICO and Lormax Stern Development Co. developed the property.