Leasing Activity

Rappaport Adds Five New Tenants to Village at Leesburg Shopping Center in Northern Virginia

by John Nelson November 10, 2022

LEESBURG, VA. — Rappaport has signed five new tenants to join Village at Leesburg, a 550,593-square-foot shopping center located along Route 7 in Leesburg. Rappaport owns, manages and leases the property, which houses more than 75 tenants, including anchors Wegmans, CMX Cinemas, LA Fitness and Bowlero. The new tenants include Spitz, a Mediterranean restaurant concept; Altitude Trampoline Park, an entertainment venue with more than 80 locations; Anchor Bar, a wings restaurant concept with more than 50 locations; A Place to Be, a nonprofit based in Middleburg, Va., that offers art and music therapy programs; and national chain Salon Lofts. Altitude opened recently, and the other four concepts are set to open in 2023. Village at Leesburg will be the first Virginia location for Spitz, Altitude and Anchor Bar. In addition to the new retailers, which will bring 40,000 square feet of new retail space, Woodhouse Day Spa and Dana’s Cake Shoppe are expanding their locations within the development.

November 10, 2022

Leasing Activity Office Texas

Skyline Executive Suites Signs 21,735 SF Office Lease in West Houston

by Taylor Williams November 10, 2022

HOUSTON — Skyline Executive Suites has signed a 21,735-square-foot lease at Kirkwood Tower, located at 11757 Katy Freeway in West Houston. According to LoopNet Inc., the property was built in 1984 and renovated in 2015 and totals 285,682 square feet. Kevin Poynter of Poynter Commercial Properties Corp. represented the tenant in the lease negotiations. Adam Ross of Stream Realty Partners represented the undisclosed landlord.

November 10, 2022

Indiana Leasing Activity Midwest Office

IWG Plans to Open New Flexible Workspace in Indianapolis

by Kristin Harlow November 10, 2022

INDIANAPOLIS — IWG, a provider of flexible workspaces, has unveiled plans to open a new location in Indianapolis. The company cites growing demand for hybrid working and flexibility for companies of all sizes. The new location will be situated in the College Park neighborhood of Indianapolis near Highway 465. IWG is opening the vast majority of its new locations in partnership with commercial real estate owners, developers and franchisee investors.

November 10, 2022

Leasing Activity Michigan Midwest Retail

Advance Auto Parts Signs Leases for Two New Locations in Michigan

by Kristin Harlow November 10, 2022

TAYLOR AND STERLING HEIGHTS, MICH. — Advance Auto Parts has signed leases to open two new locations in Michigan. The auto parts retailer inked a lease for 20,250 square feet in the Taylor Commons shopping center in Taylor as well as 20,226 square feet at the Clinton Valley shopping center in Sterling Heights. Larry Siedell and Tjader Gerdom of Gerdom Realty & Investment represented the tenant. Eric Unatin of Mid-America Real Estate Group represented the landlord in the Sterling Heights lease.

November 10, 2022

Healthcare Leasing Activity Texas

American Family Care Signs Four Healthcare Leases Totaling 12,600 SF in Houston Area

by Taylor Williams November 9, 2022

HOUSTON — American Family Care, which provides urgent care and walk-in healthcare services, has signed a quartet of leases totaling 12,600 square feet in the Houston area. The spaces are located in Sugar Land (2,700 square feet), Katy (2,800 square feet), Elyson (3,400 square feet) and Kingwood (3,700 square feet). John Frazier of Houston-based brokerage firm Baker Katz represented the tenant in all four sets of lease negotiations.

November 9, 2022

Leasing Activity North Carolina Office Southeast

CBRE Opens 24,535 SF Office in Charlotte’s South End District

by John Nelson November 8, 2022

CHARLOTTE, N.C. — CBRE has opened a new office at Vantage South End, a 635,000-square-foot mixed-use development located in Charlotte’s South End neighborhood. The Dallas-based real estate services giant now occupies 224,535 square feet of space on the second floor of the campus’ east tower, located at 1120 S. Tryon St. The office space is designed with a focus on hybrid work compatibility and flexibility, including a “free address” style wherein desks and workstations are not assigned. The office also features a wellness lounge with a petrified moss wall and anonymous occupancy sensors to monitor employee behaviors. Artwork was curated with a focus on Charlotte artisans and regional representation.

November 8, 2022

Development Healthcare Leasing Activity Mixed-Use Montana Retail Western

Corning Cos. Begins $50M Redevelopment of Gallatin Valley Mall in Bozeman, Montana to Include State’s First Whole Foods

by Amy Works November 8, 2022

BOZEMAN, MONT. — Corning Cos. is currently underway on a $50 million, multi-phase redevelopment of Gallatin Valley Mall, a retail center located in Bozeman. To be known as Gallatin Crossing, the mixed-use property will feature retail, entertainment and medical space, including a 45,000-square-foot medical pavilion that will bring together Intermountain Healthcare and Ortho Montana PSC. Whole Foods Market will also join the property with a location that marks its first in the state. The first phase of development for the project, which began in September 2022, is scheduled for completion later this year. A second phase — which will include façade upgrades, updated parking and refreshed landscaping, signage and lighting — is scheduled to begin in spring 2023. Grossman Development Group, Boston Realty Advisors and Situs Realty Group are working with owner Corning Cos. on the project.

November 8, 2022

Leasing Activity Retail Texas

Academy Sports + Outdoors Opens 50,000 SF Store in Houston

by Taylor Williams November 8, 2022

HOUSTON — Academy Sports + Outdoors has opened a 50,000-square-foot store at 8715 W. Loop S in Houston. The location in the city’s historic Meyerland neighborhood marks the 33rd in the greater Houston area and 107th in Texas for the locally based athletic equipment and apparel retailer. Academy also plans to open 80 to 100 new stores nationwide over the next five years.

November 8, 2022

Leasing Activity Office Texas

Earthstone Energy Signs 28,894 SF Office Lease Expansion in The Woodlands, Texas

by Taylor Williams November 7, 2022

THE WOODLANDS, TEXAS — Locally based oil and gas firm Earthstone Energy (NYSE: ESTE) has signed a 28,894-square-foot office lease expansion at 1400 Woodloch Drive in The Woodlands, about 30 miles north of Houston. Norm Munoz, Jillian Fredericks and Robert Parlsey of Colliers represented the landlord, an entity doing business as Woodlands Office Equities-’95 LLC, in the lease negotiations. John Hornbuckle of Cypressbrook Co. represented Earthstone Energy.

November 7, 2022

Leasing Activity New York Northeast Retail

T.J. Maxx Opens 24,000 SF Store at Woodbury Plaza in Plainview, New York

by Taylor Williams November 7, 2022

PLAINVIEW, N.Y. — T.J. Maxx has opened a 24,000-square-foot store at Woodbury Plaza, a 102,000-square-foot center located in the Long Island community of Plainview. The discount retailer has backfilled a space formerly occupied by Bed Bath & Beyond. Robert Delavale represented the landlord, Breslin Realty, in the lease negotiations on an internal basis. The representative of the tenant was not disclosed.

November 7, 2022

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