DALLAS — Foundation Building Materials, a California-based provider of construction supplies, has signed a 30,547-square-foot industrial lease renewal at 8301 John Carpenter Freeway in Dallas. Chicago-based investment firm ML Realty owns the property and was internally represented in the lease negotiations. Ryan Boozer and Lena Pierce of Stream Realty Partners represented the tenant.
OLD BRIDGE, N.J. — SETS Hybrid Training, a fitness concept that offers customizable strength and conditioning programs, has signed a 3,000-square-foot retail lease at Route 9 Plaza in the Central New Jersey community of Old Bridge. Kendal Hand-Freda of Levin Management Corp. represented the undisclosed landlord in the lease negotiations. Justin Goodman of Sitar Realty Co. represented the tenant. Other tenants at the 26,000-square-foot center include AutoZone and Tots & Blocks Academy.
NAPLES, FLA. — Guitar Center has opened a 15,000-square-foot store at the Gateway Shoppes in Naples, marking the 300th location for the brand. The location will feature Guitar Center’s latest design, including a lessons facility, rental department and hands-on DJ experience. Owned by Benderson Development, Gateway Shoppes is located at 13585 Tamiami Trail N. Bruce Shepard of TSCG arranged the lease on behalf of Guitar Center.
IRVING, TEXAS — The University of St. Augustine for Health Sciences (USAHS) has opened a 55,050-square-foot academic and office facility in Irving’s Las Colinas district. The space is located within the former Zale Corp. headquarters building. William Quinby of Savills represented USAHS, which is also planning a 20,979-square-foot expansion in Irving, in its site selection and lease negotiations. Classes at the new facility began in early January, and a ribbon-cutting ceremony will be held on Wednesday, Jan. 25.
COPPELL, TEXAS — Metropolitan Hardwood Floors has signed a 23,778-square-foot industrial lease renewal at Park West Crossing in Coppell, a northeastern suburb of Fort Worth. According to LoopNet Inc., the building at 435 Southwestern Blvd. sits on 4.9 acres and totals 61,399 square feet. Chicago-based investment firm ML Realty Partners owns Park West Crossing and was internally represented in the lease negotiations. Mike McElwee of Avison Young and Brian Bruininks of The Andover Co. represented the tenant.
WESTPORT, CONN. — Crate & Barrel has signed a 37,253-square-foot retail lease renewal in Westport, located in southern Connecticut’s Fairfield County. The furniture and home décor retailer will continue to occupy space at a 58,196-square-foot center at 1200 Post Road E. that was recently renovated. Adam Klimek and Jim Fagan of Cushman & Wakefield represented the landlord, an entity doing business as 1200 Post Road LLC, in the lease negotiations. The representative of the tenant was not disclosed.
ELGIN, ILL. — MAI Fulfillment has signed a 247,000-square-foot industrial lease at 2500 Galvin Drive in Elgin. MAI provides order processing, warehousing services and fulfillment solutions for its clients. The building features a clear height of 30 feet and 36 truck docks. Mike Berkowitz of Entre Commercial Realty represented the tenant. Steve Bass of NAI Hiffman represented the landlord, High Street Logistics Properties.
NEPTUNE, N.J. — Hobby Lobby has signed a 58,952-square-foot retail lease at Neptune Plaza Shopping Center in coastal New Jersey. The Oklahoma-based retailer will backfill a space previously occupied by HomeGoods and Marshalls. Kevin Pelio of Azarian Realty Co. represented the undisclosed landlord in the lease negotiations. Michael Testa of Jeffrey Realty represented Hobby Lobby, which plans to open in 2024. Neptune Plaza, which totals 215,000 square feet, is now 99.3 percent leased.
NEW YORK CITY — Boffi | DePadova, an Italian furniture provider, will open a 19,694-square-foot showroom at 99 Madison Avenue in Manhattan’s Nomad Design District. The space comprises the entire ground floor, mezzanine, second floor and lower level of the building. The opening is scheduled for spring 2024. Andrew Kahn, Fanny Fan and Adrienne Gallus of Cushman & Wakefield represented the landlord, Windsor Management, in the lease negotiations. The representative of the tenant was not disclosed.
NEW YORK CITY — CI US Holdings, a Canadian wealth management firm, has signed a 50,000-square-foot office lease at 101 Park Avenue, a 1.3 million-square-foot building in Midtown Manhattan. John Cefaly and Nicholas Dysenchuck of Cushman & Wakefield represented the landlord, H.J. Kalikow & Co., in the lease negotiations. Mark Robbins and Evan Foley of Avison Young, along with Mitti Liebersohn of Savills, represented the tenant. Other users that have recently committed to 101 Park Avenue include Incline Equity Partners (18,000 square feet) and Five Iron Golf (30,000 square feet).