PLANO, TEXAS — Development and investment firm Granite Properties has signed three tenants to office leases totaling 34,000 square feet at Granite Park, its office 90-acre development situated at the corner of the Dallas North Tollway and State Highway 121 in Plano. The tenants included The Point Group, a full-service marketing agency that was represented in the lease negotiations by Nick Lee and Jeremy Brubaker of NAI Robert Lynn; Digital.ai, a software application firm that was represented by Wills Bauer and Randy Cooper of Stream Realty Partners; and HNTB, an infrastructure solutions firm that was represented by Charles Daggett, Kris Knapstein and Dina Zavislak of Savills. Robert Jimenez and Aarica Mims represented Granite Properties on an internal basis.
Leasing Activity
LEAWOOD, KAN. — First Federal Bank of Kansas City has relocated its headquarters to Park Place in Leawood. The bank, which is relocating from 6900 Executive Drive in Kansas City, will occupy 24,146 square feet. Jim Gates and Adam Tilton of JLL represented the tenant in the lease transaction. Most of the staff will have the option to work from home, but the new headquarters will feature a number of amenities for employees who choose to work in the new space, according to JLL. Helix Architecture designed Park Place’s interior space. KBS owns the office property.
TROY, MICH. — Technomics Inc. has leased 3,600 square feet of office space at the Twenty 75 Office Center in Troy. The consulting firm specializes in cost estimating and cost analysis for defense, civilian and energy clients. Technomics joins other area businesses such as Magna International, Siemens, Quicken Loans and Tyler Technologies. Robert Gagniuk and Marc Hames of Friedman Real Estate represented the undisclosed landlord in the lease transaction.
HOUSTON — The Webstaurant Store, a Pennsylvania-based e-commerce firm specializing in restaurant supplies and equipment, has signed a 643,940-square-foot industrial lease within Cedar Port Industrial Park near Port Houston. The tenant will occupy Cedar Port Logistics Building I, a cross-dock facility developed by Avera Cos. and AEW Capital Management, on a long-term basis. Building features include 36-foot clear heights, 185-foot truck court depths, 211 trailer parking spaces and an ESFR sprinkler system. Jim Belcher and Rob Stillwell of Newmark represented The Webstaurant Store in the lease negotiations. Gray Gilbert, Holden Rushing and Chris Haro of NAI Partners represented building ownership.
NEW YORK CITY — The Legal Aid Society, a social justice law firm, has signed a 198,900-square-foot office lease at 40 Worth Street in Manhattan’s Tribeca neighborhood. The lease term is 30 years. The property, also known as the Merchants Square Building, was originally constructed in 1929 and spans approximately 800,000 square feet. Craig Reicher, Christopher Mansfield, Greg Maurer-Hollaender and Peter Gamber of CBRE represented the tenant in the lease negotiations. Brian Steinwurtzel and Roy Lapidus of GFP Real Estate represented the landlord, 40 Worth Street Associates LLC.
VALPARAISO, IND. — Mauser Packaging has signed a 25,110-square-foot industrial lease at 2650 Barley Road in Valparaiso, a city in Northwest Indiana. Barley Properties owns the newly constructed building, which spans 65,592 square feet. Holladay Properties and Holladay Construction Group provided development and construction services for the project. The two firms have also been tapped to market the property for lease. Mauser specializes in manufacturing packaging products from recycled content as well as reconditioning, reuse, recycling and professional disposal.
RUTHERFORD, N.J. — Amazon (NASDAQ: AMZN) has signed a 360,000-square-foot industrial lease at Highland Cross, a last-mile warehouse project under construction in the Northern New Jersey community of Rutherford. Lincoln Equities Group is developing Highland Cross, which will feature a cross-dock configuration, 70-plus dock high doors and 80-plus trailer parking stalls. Ford & Associates is designing the project, and RC Andersen LLC is serving as the general contractor. Completion is slated for early 2022. Jason Goldman of KBC Advisors represented Amazon in the lease negotiations. Lincoln Equities Group, which recently received $115 million in construction financing for the project, was represented internally.
OVERLAND PARK, KAN. — OneDigital, a health, retirement and human resources advisory firm, has leased 16,925 square feet at CityPlace Corporate Center I in Overland Park. The firm will relocate and expand its retirement and wealth national headquarters beginning in November. The office property is located at 11101 Switzer Road. Anné Erickson and R.J. Trowbridge of JLL represented OneDigital in the lease transaction. Hunter Johnson and Andrew Block of Block Real Estate Services represented the landlord on an internal basis. OneDigital is relocating from 4860 College Blvd. in Leawood.
FRISCO, TEXAS — Interior Logic Group, a provider of interior design and finish solutions for the building industry, has signed a 17,681-square-foot office lease at The Offices Three at Frisco Station, a 210,000-square-foot speculative office building located on the northern outskirts of Dallas. The newly built property is the third of five office buildings within the 242-acre Frisco Station mixed-use development. Amenities include a fitness center, conference center and upgraded tenant lounge.
WESTBOROUGH, MASS. — KPM Analytics America, a Massachusetts-based manufacturer of agricultural instruments, has signed a 29,402-square-foot office lease at 8 Technology Drive in Westborough, about 35 miles west of Boston. Cushman & Wakefield represented the landlord, Feris Development Group, in the lease negotiations. John Eysenbach of R.W. Holmes Realty represented the tenant.