NEW YORK CITY — Vibrant Emotional Health has signed a 59,550-square-foot office lease at 80 Pine Street in Manhattan’s Financial District. The 38-story, 1.2 million-square-foot building was originally constructed in 1960 and recently underwent a capital improvement program. The nonprofit provider of mental health services will relocate from a 31,000-square-foot space at 50 Broadway to the entire 18th and 19th floors later this year. Chris Mansfield, Gerry Miovski, Masha Dudelzak and Ali Gordon of CBRE represented the tenant in the lease negotiations. Kevin Daly and Tom Keating internally represented the landlord, Rudin.
Leasing Activity
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.
ADDISON, TEXAS — Corporate Fitness Solutions has signed an 8,385-square-foot industrial lease renewal in the northern Dallas suburb of Addison. According to LoopNet Inc., the property at 4950 Keller Springs Road was built in 1980 and totals 60,118 square feet. Adam Curran of Cushman & Wakefield represented the tenant in the lease negotiations. Brian Pafford of Bradford Commercial Real Estate Services represented the landlord, an entity doing business as Kennington Parkway Ltd.
NEW YORK CITY — Vibrant Emotional Health has signed a 59,550-square-foot office lease at 80 Pine Street in Manhattan’s Financial District. The 38-story, 1.2 million-square-foot building was originally constructed in 1960 and recently underwent a capital improvement program. The nonprofit provider of mental health services will relocate from a 31,000-square-foot space at 50 Broadway to the entire 18th and 19th floors later this year. Chris Mansfield, Gerry Miovski, Masha Dudelzak and Ali Gordon of CBRE represented the tenant in the lease negotiations. Kevin Daly and Tom Keating internally represented the landlord, Rudin.
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.
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.
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.
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.
Five New Tenants Sign Leases at 171,000 SF Merritt Business Park in Quantico, Virginia
by John Nelson
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.
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.