Leasing Activity

Two Tenants Sign Lease Renewals at Industrial Property in Morton Grove, Illinois

by Kristin Harlow October 24, 2022

MORTON GROVE, ILL. — Two tenants have signed industrial lease renewals at 8220 Austin Ave. in Morton Grove, a northern suburb of Chicago. Dynamic Group, a contract cabinet manufacturer, signed a 45,000-square-foot renewal. Johnson & Quin expanded its offsite storage facility to 17,500 square feet at the property. Johnson & Quin is a large volume, personalized direct mail company that has operated in the Chicago area for 146 years. Sam Badger of CBRE represented Johnson & Quin, while Brendan Green and Patrick Turner of Colliers represented ownership, Clear Height Properties.

October 24, 2022

Industrial Leasing Activity Texas

Texas Almet Signs 42,850 SF Industrial Lease in Arlington

by Taylor Williams October 24, 2022

ARLINGTON, TEXAS — Texas Almet, a supplier of aircraft parts, has signed a 42,850-square-foot industrial lease at 501-509 106th St. in Arlington. According to Propertyshark.com, the single-tenant building was constructed on two acres in 1980. Canon Shoults of Holt Lunsford Commercial represented the undisclosed landlord in the lease negotiations. Scott Voelkel of Dickey Property Co. represented the tenant.

October 24, 2022

Georgia Leasing Activity Office Southeast

Ardent Cos. Completes Five New Office Leases, 11 Renewals at Piedmont Center in Atlanta

by John Nelson October 21, 2022

ATLANTA — The Ardent Cos. has executed five new leases, 11 renewals and one expansion at Piedmont Center, a 2 million-square-foot office campus located in the Buckhead neighborhood of Atlanta. New tenants at Piedmont Center, which will absorb 35,650 square feet of space, include Emory Investment Management, Harry Norman, Maxis, Findling Law and Relatient. Chad Koenig and Katelyn Fabien of Cushman & Wakefield represented Emory Investment Management, John Winter of Cushman & Wakefield represented Harry Norman, Jill Goldberg of Goldberg O’Malley and Steve Barton of CBRE represented Maxis, and Relatient was represented by Joey Kline of JLL in the lease negotiations. Hudson Lambert Parrott Walker LLC added 4,426 square feet of space to its occupancy of Tower 15 at the campus. The lease renewals and expansion account for 42,359 square feet. JLL and Cushman & Wakefield handle leasing for Piedmont Center on behalf of Ardent Cos.

October 21, 2022

Leasing Activity Office Texas

Canyon Partners Signs Office Lease Renewal in Dallas’ Harwood District

by Taylor Williams October 21, 2022

DALLAS — Investment management firm Canyon Partners has signed an office lease renewal within the Harwood District, a development that spans 19 city blocks in Uptown Dallas. The square footage of the lease was not disclosed. The tenant will continue to occupy the second floor of Harwood No. 2, which was originally built in 1996 and is now fully leased. Andy Leatherman of JLL represented Canyon Partners in the lease negotiations. Hannah Mesh and Kelly Whaley represented the landlord, Harwood International, on an internal basis.

October 21, 2022

Industrial Leasing Activity Northeast Pennsylvania

Stellar Signs 10,412 SF Industrial Lease Renewal in Lewisberry, Pennsylvania

by Taylor Williams October 21, 2022

LEWISBERRY, PA. — Industrial design-build firm Stellar has signed a 10,412-square-foot lease renewal within Fairview Industrial Park in Lewisberry, a southern suburb of Harrisburg. Dan Alderman of NAI CIR represented Stellar in the lease negotiations. Victor Kelly represented the owner, Larken Associates, on an internal basis. Fairview Industrial Park comprises three buildings totaling 137,404 square feet.

October 21, 2022

Illinois Leasing Activity Midwest Office

IWG to Open Three New Flexible Workspaces in Illinois

by Kristin Harlow October 21, 2022

CHAMPAIGN, EDWARDSVILLE AND ROCKFORD, ILL. — IWG, a provider of flexible workspaces, plans to open three new locations in Illinois. The company states that the demand for hybrid working continues to grow with companies of all sizes. IWG will open a new headquarters center at 206 N. Randolph St. in Champaign. Additionally, IWG will open two Regus centers at 101 W. Vandalia St. in Edwardsville and 220 E. State St. in Rockford. Timelines for the openings were not provided. IWG opens the vast majority of its new locations in partnership with commercial real estate owners, developers and franchisee investors.

October 21, 2022

Leasing Activity Office Texas

Winstead PC Signs 20,678 SF Office Lease Expansion in Dallas’ Harwood District

by Taylor Williams October 20, 2022

DALLAS — Law firm Winstead PC has signed a 20,678-square-foot office lease expansion within the Harwood District, a development that spans 19 city blocks in Uptown Dallas. The firm’s occupancy of the third floor of Harwood No. 2 brings its total footprint within the building to 149,841 square feet. Hannah Mesh and Kelly Whaley internally represented the landlord, Harwood International, in the lease negotiations. Winstead, which has been a tenant at the Harwood District since 2012, was also self-represented.

October 20, 2022

Illinois Leasing Activity Midwest Retail

Anytime Fitness Signs 6,276 SF Retail Lease in Belvidere, Illinois

by Kristin Harlow October 20, 2022

BELVIDERE, ILL. — Anytime Fitness has signed a 6,276-square-foot retail lease at Southtowne Shopping Center in Belvidere, a city in northern Illinois. The property is located at the corner of Highway 20 and Pearl Street. Rick Scardino of Lee & Associates represented the landlord, Southtowne Ventures LLC, in the transaction. Jack Siragusa of CBRE represented the tenant.

October 20, 2022

Industrial Leasing Activity NAI New Jersey Northeast

NAI Hanson Negotiates 406,437 SF Industrial Lease Renewal in Carteret, New Jersey

by Taylor Williams October 20, 2022

CARTERET, N.J. — NAI James E. Hanson has negotiated a 406,437-square-foot industrial lease renewal in the Northern New Jersey community of Carteret. Coffee distributor Continental Terminals will continue to occupy the entirety of the building at 200 Middlesex Ave. Scott Perkins, Chris Todd, Andrew Somple, Greg James and Justin Allessio of NAI Hanson represented the landlord, an undisclosed institutional investment firm, in the lease negotiations. Tom Carragher, Steve Korfiatis, Craig Engelhardt and Chris Carragher of Newmark represented the tenant.

October 20, 2022

Leasing Activity New Jersey Northeast Retail

Planet Fitness Signs 19,317 SF Retail Sublease in Weehawken, New Jersey

by Taylor Williams October 20, 2022

WEEHAWKEN, N.J. — Planet Fitness has signed a 19,317-square-foot retail sublease at Tower Plaza in the Northern New Jersey community of Weehawken. The tenant is backfilling part of a space leased to German discount grocer Lidl. Mike Testa and Bill Farkas of locally based brokerage firm Jeffery Realty represented Lidl in the sublease negotiations. Ray Villafana of Franchise Realty represented Planet Fitness.

October 20, 2022

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