TERRELL, TEXAS — Lee & Associates has negotiated a 765,798-square-foot, full-building industrial lease in Terrell, located on the eastern outskirts of Dallas. According to LoopNet Inc., the building at 301 Apache Trail was constructed on 39.6 acres in 1999 and features 34-foot clear heights and 144 parking spaces. Ken Wesson and Michael Giuliano of Lee & Associates represented the undisclosed landlord in the lease negotiations. Dan Lawson of Proterra Properties represented the tenant, e-commerce technology and consulting firm Cart.com.
NEW YORK CITY — Ship Essential has signed a 20,070-square-foot industrial lease in Brooklyn’s Sunset Park neighborhood. The e-commerce fulfillment firm will occupy space on the fifth floor of Liberty Bklyn, a 1.3 million-square-foot waterfront industrial and office campus. David Junik, Steven Nadel, Marc Caso and Nechama Liberow of Pinnacle Realty represented the landlord, Madison Capital, in the lease negotiations. The representative of the tenant was not disclosed.
IRVING, TEXAS — Kelly-Moore Paints has signed a 15,000-square-foot lease to relocate its headquarters office from Northern California to Irving. The paint manufacturer and retailer plans to move about 30 senior executives and other team members into its new space at 500 E. John Carpenter Freeway before the end of the year. Tyler Isbell of SRS Real Estate Partners represented Kelly-Moore Paints, which has a manufacturing plant in nearby Hurst and operates about 160 stores throughout Northern California and the Southwest, in its site selection and lease negotiations.
NEW YORK CITY — PEI Group, a research and consulting firm for various investment vehicles, has signed a 10-year, 14,341-square-foot office lease at 530 Fifth Avenue in Manhattan. The tenant is relocating from 142 West 42nd Street to the 14th floor of the 535,000-square-foot building, which was originally constructed in 1957. John Ryan, Brooks Hauf and Patrick Steffens of Avison Young, along with internal agents William Elder, Andrew Ackerman and Walter Rooney, represented the landlord, RXR, in the lease negotiations. Joseph Gervino of Avison Young represented PEI Group.
WASHINGTON, D.C. — International law firm Fried Frank has signed a 10-year lease extension to continue to occupy 103,000 square feet at Lafayette Tower, an 11-story office building located at 801 17th St. NW in Washington, D.C. The firm will continue to occupy floors five through eight through at least 2037. Fried Frank is an original tenant of the building, which was delivered in 2010 and is currently undergoing renovations that include updates to the fitness center and rooftop terrace, as well as the addition of an indoor lounge and event space. Kyle Luby, Matt Pacinelli and Andy Eichberg of Stream Realty Partners represented the landlord, an affiliate of Morgan Stanley Real Estate Advisor, in the lease negotiations. Chau Leung, Mark Minich Jr., Tim Dempsey, Ramneek Rickhy and Stephen Siegel of Stream Realty represented the tenant. Lafayette Tower is currently 90 percent leased, with several speculative suites available ranging from 3,900 square feet to 8,000 square feet, according to Stream Realty.
WELLINGTON, FLA. — Spinoso Real Estate Group, manager of the Mall at Wellington Green in South Florida, has announced three new retailers joining the mall’s tenant roster. The newcomers include boutique apparel retailer Alma, jewelry retailer Lovisa and Wellington Mart, a convenience store that sells cold beverages, snacks, candy, first aid essentials, toys and premade meals. Located at 10300 W. Forest Hill Blvd., the Mall at Wellington Green spans 1.2 million square feet and is anchored by CMX Cinemas Wellington 10, Macy’s, Dillard’s, Apple, The Palm Beach Museum of Natural History, Brighton, Forever 21, H&M and Lemongrass, among others. The mall’s owner/landlord was not disclosed.
DECATUR, GA. — Colliers has signed two new tenants to join 101 W Ponce, a 109,000-square-foot office building in downtown Decatur. The RMR Group manages the six-story office building and recently finished renovations. The two new tenants are the National Association of Chronic Disease Directors (NACDD), which will lease 18,411 square feet, and gaming company Aristocrat Technologies, which will lease 6,404 square feet. Heather Lamb and Jessica Doyle of Colliers represented the landlord in both lease deals. Mitch Kahlert and Jimmy Sanders of ICON Commercial represented NACDD, and David Todd and Detra Reid of CBRE represented Aristocrat Technologies.
MCKINNEY, TEXAS — ILS Gummies, a provider of nutritional supplements that support a range of health issues, has opened its 70,000-square-foot manufacturing and headquarters facility in the northern Dallas suburb of McKinney. According to commercialcafé.com, the industrial property at 350 Cypress Hill Drive was built on 19.9 acres in 2021, totals 301,714 square feet and includes 194 car parking spaces. The company expects to hire about 70 people to staff the facility.
HOUSTON — Deshazo Crane Co., a designer and manufacturer of the construction machines, has signed a 20,124-square-foot industrial lease renewal at 14223 Interdrive E in North Houston. According to LoopNet Inc., the property was built in 1991 and offers 22-foot clear heights, 25 parking spaces and 2,000 square feet of office space. Doc Perrier and Travis McEldowney of Finial Group represented the undisclosed landlord in the lease negotiations. The representative of the tenant was not disclosed.
CHICAGO — Sancerre Hospitality has signed a 7,000-square-foot, ground-floor retail lease at 1045 On Fulton in Chicago’s Fulton Market. The space will serve as the Chicago-based restaurant group’s newest establishment in the city. Fulton Street Cos. and Intercontinental Real Estate Corp. own 1045 On Fulton, which is a 150,000-square-foot office building with 7,000 square feet of retail space. The property opened in 2021. Sancerre recently named Joe Flamm as culinary director and he will oversee culinary affairs for the new restaurant, whose concept is yet to be determined. Sancerre, which expects to open the new restaurant in early 2024, also operates Rose Mary and BLVD Steakhouse, which are located down the street from 1045 On Fulton. Cal Wessman represented ownership on an internal basis.