Leasing Activity

Airbnb to Open New Offices in West Midtown Atlanta

by Julia Sanders January 24, 2022

ATLANTA — Airbnb, a San Francisco-based lodging company, plans to open a new technical hub in the West Midtown neighborhood of Atlanta. Dubbed Atlanta Tech Hub, the new office will be situated within Encore, a 50,000-square-foot space inside SJC Ventures’ Interlock mixed-use project at the corner of 14th Street and Howell Mill Road. Situated about three miles from Georgia State University and one mile from Georgia Tech, Airbnb’s office space is scheduled to open later this year. Encore is a creative loft and mixed-use office space that is dedicated to technology startup growth and expansion. Airbnb’s initial office will be 5,000 square feet with eventual plans to move to a bigger space later on. Georgia Advanced Technology Ventures, an affiliate of the Georgia Tech, is managing Airbnb’s new offices. In the beginning of 2021, Airbnb first announced it was opening a new hub in Atlanta but did not disclose what part of the city. The lodging company says it hopes to add new high-skilled technical and non-technical jobs at the tech hub. According to research by Oxford Economics, in 2019, Airbnb guest spending in Atlanta supported 3,400 jobs, including 1,200 jobs in the restaurant business. The company also says it …

January 24, 2022

Acquisitions Industrial Leasing Activity Midwest Nebraska

Cushman & Wakefield/Lund Negotiates Lease, Sale of 178,368 SF Industrial Property in Nebraska

by Kristin Harlow January 20, 2022

LA VISTA, NEB. — Cushman & Wakefield/The Lund Co. has negotiated both the lease renewal and sale of 11720 Peel Circle in La Vista, a suburb just south of Omaha. The 178,368-square-foot industrial property sits on 16 acres within the Sarpy West submarket. Denny Sciscoe of Cushman & Wakefield/Lund represented the current tenant in its lease renewal. Upon completion of the lease transaction, Sciscoe also marketed the building for sale. The total consideration for both the lease renewal and the sale was $23 million.

January 20, 2022

Leasing Activity Life Sciences Office Texas

PathGroup Signs 126,596 SF Office, Lab Lease in Coppell, Texas

by Taylor Williams January 20, 2022

COPPELL, TEXAS — Nashville-based medical consulting firm PathGroup has signed a 126,596-square-foot lease to occupy the entirety of 121 Corporate Center, an office and laboratory building in Coppell, located near Dallas-Fort Worth International Airport. Dean Collins, Mark Collins, Jason Dodson, Michael Sessa and Jack Keenan of Cushman & Wakefield represented PathGroup in the lease negotiations. Nathan Durham and Duane Henley of Newmark represented the landlord, a partnership between Blackstone and Link Logistics Real Estate.

January 20, 2022

Leasing Activity New York Northeast Office

Suffolk County Social Services Signs 38,555 SF Office Lease in Riverhead, New York

by Taylor Williams January 19, 2022

RIVERHEAD, N.Y. — The Suffolk County Department of Social Services has signed a 38,555-square-foot office lease at East End Commons, a 187,528-square-foot shopping center located in the Long Island community of Riverhead. The tenant will occupy a portion of a 108,720-square-foot building previously occupied by Kmart. Nick Dries and Randall Briskin of The Feil Organization negotiated the 20-year lease. BJ’s Wholesale Club anchors the center.

January 19, 2022

Leasing Activity New York Northeast Office

Feil Organization Signs Four New Tenants to Long Island Office Building

by Taylor Williams January 17, 2022

LEVITTOWN, N.Y. — The Feil Organization has signed a quartet of new leases totaling approximately 12,000 square feet at 3601 Hempstead Turnpike, a, 95,450-square-foot office building in the Long Island hamlet of Levittown. The property was built in 1970 and renovated in 2008-2009. Timothy Parlante of The Feil Organization represented the landlord in the lease negotiations. The new tenants include private equity firm Phoenix Capital Partners, which inked a deal for 1,900 square feet, and Independent Physical Exam Referrals, which agreed to lease 2,892 square feet. In addition, City Property USA NY signed a lease for 5,829 square feet. Move-ins will occur later this year.

January 17, 2022

Illinois Leasing Activity Midwest Restaurant Retail

Barstool Sports Opens 8,500 SF Sports Bar in Chicago’s River North

by Kristin Harlow January 17, 2022

CHICAGO — Barstool Sports has opened a new sports bar at 14 W. Hubbard St. in Chicago’s River North. This is the first sports bar for Barstool Sports, which is a brand founded by Dave Portnoy and owned by Penn National Gaming (NASDAQ: PENN). The 8,500-square-foot space was formerly home to Henry’s Swing Club. DynaProp Development Corp. owns the property. Michael Weber and Ian Feinerman of @properties Commercial represented SBH Chi LLC, an entity affiliated with Stanton & Bowery Hospitality, which will operate the bar on behalf of Barstool Sports. Daniel Pedemonte of GDP Group represented DynaProp.

January 17, 2022

Illinois Industrial Leasing Activity Midwest

Meade, Central States Trucking Sign Leases at Industrial Park in Chicago

by Kristin Harlow January 14, 2022

CHICAGO — Meade Inc. and Central States Trucking have signed leases to occupy space at a three-building industrial park located at 2217 S. Loomis St. in Chicago. Dayton Street Partners owns the property, which is now fully leased. Meade will occupy 25,326 square feet while Central States Trucking will lease 4,000 square feet. Kevin Segerson and Philip DeBoer of CBRE and Peter Poulos of Peter J. Real Estate represented the tenants.

January 14, 2022

Leasing Activity New York Northeast Office

Roku Signs 240,000 SF Office Lease at 5 Times Square in Manhattan

by Taylor Williams January 13, 2022

NEW YORK CITY — Roku (NASDAQ: ROKU) has signed a 240,000-square-foot office lease to occupy the top eight floors at 5 Times Square in Midtown Manhattan. The California-based streaming services provider will backfill space previously occupied by Ernst & Young as part of its relocation from a 70,000-square-foot space at 114 West 41st Street. The move-in is slated for the fourth quarter. Bob Alexander, Ryan Alexander, Mike Affronti, Alex Benisatto, Taylor Callaghan and Nicole Marshall of CBRE represented the landlord, RXR Realty, in the lease negotiations along with internal agents Dan Birney and Alexandra Budd. Sacha Zarba and Frederick Fackelmayer of CBRE represented Roku.

January 13, 2022

Georgia Leasing Activity Retail Southeast

Fin & Feathers to Open 5,400 SF Restaurant in Midtown Atlanta

by Julia Sanders January 7, 2022

ATLANTA — Fin & Feathers, an American soul food restaurant owned by Damon Johnson, will open in a new 5,400-square-foot location at 1136 Crescent Ave. in Midtown Atlanta. The new location will be the restaurant’s fourth in metro Atlanta. Bryan Davis of Atlanta-based Ackerman & Co. represented Fin & Feathers in the transaction. Fin & Feathers will open in the space formerly occupied by Tin Lizzy’s Cantina. The restaurant is slated to open in February. The interior of the Midtown Atlanta location will be completely redesigned to fit the Fin & Feathers’ style, which usually has colorful recessed lighting, a welcoming bar, wood tables and chairs and wall artwork. Additionally, the new location will have an outdoor patio for dining. The first Fin & Feathers location opened at 360 Edgewood Ave. in downtown Atlanta. Other locations near Atlanta include 7430 Douglas Blvd. in Douglasville and Ga. Highway 85 in Riverdale.

January 7, 2022

Leasing Activity Texas

Newmark Secures 206,369 SF Office Lease in LaPorte, Texas

by Taylor Williams January 7, 2022

LAPORTE, TEXAS — Newmark has secured a 206,369-square-foot office lease in LaPorte, located east of Houston. Andy Iversen, Reggie Beavan III, Chris Mason, John Beach, Griffin Rich, John Luck, Joshua Brown, Trace Elrod and Audrey Selber of Newmark represented the tenant, Overland Distribution Inc., in the lease negotiations. Liberty Property Co. owns the building.

January 7, 2022

Newer Posts

Older Posts