Leasing Activity

NEW YORK CITY — Burlington Stores Inc. has signed a 34,591-square-foot office lease expansion at 1400 Broadway in Manhattan’s Garment District. The New Jersey-based apparel and accessories retailer now occupies 102,898 square feet across three floors at the 37-story building, which was originally constructed in 1930. Scott Klau, Neil Rubin and Erik Harris of Newmark represented the landlord, Empire State Realty Trust, in the lease negotiations. Alan Desino of Colliers represented Burlington.

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PHILADELPHIA — SmartLabs, a Boston-based life sciences operator, will open a new facility within Drexel University’s campus in Philadelphia. The square footage was not disclosed, but the space will span two stories within a 508,000-square-foot facility that is being developed by a partnership between Gattuso Development Partners and New York-based Vigilant Holdings. The facility, which is scheduled to open in 2025 and will include research and development, office and manufacturing space, will be SmartLabs’ seventh in the country.

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NEW YORK CITY — Burlington Stores Inc. has signed a 34,591-square-foot office lease expansion at 1400 Broadway in Manhattan’s Garment District. The New Jersey-based apparel and accessories retailer now occupies 102,898 square feet across three floors at the 37-story building, which was originally constructed in 1930. Scott Klau, Neil Rubin and Erik Harris of Newmark represented the landlord, Empire State Realty Trust, in the lease negotiations. Alan Desino of Colliers represented Burlington.

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WEST PALM BEACH, FLA. — Tricera Capital has signed new office and retail tenants to join The Press, a mixed-use redevelopment of the former Palm Beach Post campus in West Palm Beach. The project comprises two components: the 120,000-square-foot Shops at the Press and the 136,000-square-foot Workspaces at the Press. The new tenants, which combined will occupy 68,000 square feet, include Salons by JC, interior design firm Calico, health concept Restore Hyper Wellness, Raw Juice, self-storage investor SROA Capital, coworking concept Knotel and mortgage broker Blue Sky Financial. In addition to the new leases, Miami-based Tricera Capital has upsized its loan with Chicago-based Monroe Capital by $19 million to help fund tenant and site improvements. Jason Krane of Ackman-Ziff Real Estate Group arranged the financing on behalf of Tricera Capital.

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PARSIPPANY, N.J. — Siemens Corp. has signed a 43,138-square-foot office lease in the Northern New Jersey community of Parsippany. The German conglomerate and industrial manufacturer will occupy space at Two Gatehall Plaza, a 389,298-square-foot building that was originally constructed in 1985 and recently renovated. Jeff Schotz, Kevin Murphy, Sumner Putnam and Peter Kasparian of Newmark represented the landlord, New York-based Silverman Realty Group Inc., in the lease negotiations. Jeff Babikian and Conor Dolan of CBRE represented the tenant.

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DALLAS — Law firm Munsch Hardt Kopf & Harr has signed a new 77,009-square-foot office lease at Ross Tower, a 1.1 million-square-foot building located at 500 N. Akard St. in downtown Dallas. The firm, which employs about 175 people in Dallas, will relocate from floors 36, 38 and 39, where it has leased space since 2005, to floors 40 through 42. The new lease term is 15 years, and the firm plans to take occupancy of its new space next fall. Craig Wilson, Dan Harris, Randy Cooper and Tim Terrell of Stream Realty Partners represented the tenant in the lease negotiations. HPI Real Estate Services & Investments owns Ross Tower.

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HOUSTON — Locally based development and management firm Levcor has welcomed three new tenants to Post Oak Plaza in Uptown Houston. Fitness concept Body20 has opened a 1,995-square-foot studio, and Australian-inspired coffee shop Bluestone Lane has signed a lease for 1,405 square feet with plans to launch this fall. In addition, B/S/H Experience & Design Center, a luxury appliance showroom, has committed to 14,777 square feet for its first Texas location. That opening is also slated for the fall.

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COLUMBUS, OHIO — AndHealth has unveiled plans to expand its operations in downtown Columbus, bringing 65 new jobs to the area. The healthcare company is moving its office from 1201 Dublin Road to 2 Miranova Place, a 12-story tower. AndHealth says the new space will enable it to more than triple its existing employee count, and the company plans to hire additional software developers, data scientists, healthcare professionals, physicians, providers and other health experts. AndHealth operates the first-ever Virtual Center of Excellence (VCOE) for migraine reversal and will soon launch a second VCOE for autoimmune diseases, including rheumatoid arthritis, psoriasis, ulcerative colitis and Crohn’s disease. AndHealth, which provides virtual healthcare services, works with employers and benefits brokers to provide its services to employees with chronic diseases.

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MILTON, FLA. — Branch Properties has signed two restaurants to join the tenant roster at Merganser Commons at Dogwood Estates, a 66,912-square-foot shopping center under construction in Milton, a Florida Panhandle city located about 24 miles east of Pensacola. The Atlanta-based developer plans to open the Publix-anchored center later this summer. The new eateries joining Merganser Commons include RibCrib, a fast-casual barbecue restaurant that will occupy 4,750 square feet, and Teriyaki Madness, an Asian concept. Both restaurants are operated by Panhandle Restaurant Group. The center is currently 92 percent preleased to tenants including Domino’s Pizza, Great Clips, Japanese restaurant Nikko Sushi, nail salon Grand Nail Lounge and ice cream shop Scoops Ice Cream and Sweets. A local medical provider will occupy a 7,500-square-foot outparcel at the center.

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PITTSBURG, KAN. — Marshalls will open a 25,000-square-foot store at Pittsburg Town Center in Pittsburg, a city in Southeast Kansas. Other tenants at the property include Home Depot, Chili’s, Buffalo Wild Wings and UPS. David Block and Phil Peck of Block & Co. Inc. Realtors negotiated the lease transaction on behalf of the undisclosed ownership group. Block & Co. also manages the property.

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