DEKALB, ILL. — Multinational conglomerate 3M has signed a 12-year lease renewal for its 410,000-square-foot distribution hub in DeKalb, about 65 miles west of Chicago. The property is located at 1211 Fairview Drive. Jenny Aust Turner of Cresa represented 3M in the lease. Modiv Inc., a California-based REIT, is the building landlord.
FORT WORTH, TEXAS — Freight factoring firm Apex Capital Corp. has signed a 61,944-square-foot office headquarters lease at Bank of America Tower in downtown Fort Worth. Pat McDowell and Matt Montague of JLL represented the tenant in the lease negotiations. Robert Gamblin represented the landlord, City Center Management, on an internal basis. Apex Capital plans to take occupancy of its new space next year.
FORT WORTH, TEXAS — Lee & Associates has negotiated a 301,995-square-foot industrial lease at Everman Distribution Center in Fort Worth. The property is located within Carter Distribution Center and features 38-foot clear heights, 280-foot truck court depths, 196 car parking spaces, 92 trailer parking spaces and 22 dock-high doors. Trey Fricke and Reid Bassinger of Lee & Associates represented the landlord, The Hollingsworth Cos., in the lease negotiations. Tom Golarz and James Ewing of Colliers International represented the tenant.
ROSEMONT, ILL. — Celero Commerce, a financial tech company, has renewed its 27,000-square-foot, full-floor office lease at Pointe O’Hare in Rosemont. The Class A office tower is located at 9550 W. Higgins Road. Celero inherited the Chicago-area office following its acquisition of Transnational Payments in October 2020, marking the sixth acquisition for the company since its formation in November 2018. Celero has approximately 260 employees with continued plans for expansion. Campbell Puckett, Andrew Kaplan and Jon Springer of CBRE represented Celero in the lease.
HOUSTON — Impact Networking, an Illinois-based provider of cloud-based cybersecurity and marketing services, has signed a 16,000-square-foot office lease at East River, a 150-acre mixed-use development in Houston’s Historic Fifth Ward. Locally based developer Midway is underway on vertical construction of the first phase of East River, which includes office, retail and restaurant space. A timeline for Impact Networking’s move-in was not disclosed. Midway also recently announced an initial slate of retail and restaurant tenants that have committed to East River.
NEW YORK CITY — CLEAR (NYSE: YOU), a locally based provider of identity verification services, has signed a 119,000-square-foot office lease at 85 Tenth Avenue in Manhattan. The company will occupy two floors at the 11-story building, which was originally constructed in 1913. Jared Horowitz and Jason Perla of Newmark represented the tenant in the lease negotiations. Edward Riguardi and Anthony Cugini of Vornado Realty Trust and Stephen Winter of Related Cos. represented building ownership on an internal basis.
ALBUQUERQUE, N.M. — Schenker has signed a deal to occupy a 150,000-square-foot speculative industrial facility in Albuquerque. The transportation and logistics services company will take occupancy once construction is completed in second-quarter 2022. Situated on more than 10 acres at 7200 Bluewater Road NW, the building features 32-foot clear heights, dock and drive-in ramp access and concrete tilt-up construction. Development of the property commenced in July 2021. Brecken Mallette and Jim Smith of the CBRE Albuquerque Industrial team represented the tenants as local brokers, while David Albert and Nicolas Palazzo of CBRE Miami work with the tenant on a national level. The landlord is Bluewater@Airport Opportunity Partners LLC.
IRVING, TEXAS — Lee & Associates has negotiated an 81,280-square-foot industrial lease at 6425 Campus Circle in Irving. According to LoopNet Inc., the property was built in 1981. Ken Wesson, Adam Graham and Chris Hillman of Lee & Associates represented the landlord, Longpoint Realty Partners, in the lease negotiations. The representative of the tenant, West Shore Homes, was not disclosed.
CHICAGO — MoLo Solutions, a third-party logistics company within the transportation industry, has signed a 93,710-square-foot office lease at 167 N. Green St. in Chicago’s Fulton Market neighborhood. MoLo connects clients with truck drivers and other shipping solutions. The company plans to expand significantly over the next few years. The property features a meeting area, onsite parking, gym, rooftop garden and NBA-sized basketball court. Kayla Beljan of MB Real Estate represented MoLo in the lease. Paige O’Neil and Annie Aldrich of Shapack Partners represented the undisclosed landlord.
STAMFORD, CONN. — Philip Morris International (NYSE: PM) has signed a 71,484-square-foot office lease for its new headquarters at 677 Washington Blvd. in Stamford, located in the southern coastal part of Connecticut. The lease term is 12 years. The tobacco giant will relocate from 120 Park Avenue in Manhattan beginning in late 2022. Richard Bernstein and Steven Baker of Cushman & Wakefield represented the tenant in the lease negotiations. Peter Duncan and Dana Pike represented the landlord, George Comfort & Sons, on an internal basis.
