Leasing Activity

Amazon Signs 202,421 SF Industrial Lease in Ventura County, California

by Madison Pettway August 9, 2021

MOORPARK, CALIF. — Amazon has signed a long-term lease to occupy a 202,421-square-foot industrial building in the Ventura County submarket of Moorpark, about 48 miles northwest of Los Angeles. DAUM Commercial Real Estate Services, along with Donald J. Thordarson Inc., secured the lease on behalf of the owner, Transwestern Development Co. Transwestern also manages the building. Cushman & Wakefield represented Amazon in the lease negotiations. The property features 16 dock-high positions, a clear height of 24 feet and a secure fenced yard with parking that can accommodate up to 405 cars. The location offers close proximity to California State Routes 118 and 23, providing ease-of-access throughout the Southern California region. The asset was recently refurbished, providing the tenant with the necessary space for its last-mile operations.

August 9, 2021

Leasing Activity Northeast Office Pennsylvania

ibex Signs 32,528 SF Office Lease at Penn Center East in Pittsburgh

by Taylor Williams August 9, 2021

PITTSBURGH — ibex, a Washington, D.C.-based provider of global technology solutions, has signed a 32,528-square-foot lease at Penn Center East, an office and retail campus in Pittsburgh. The campus features a tenant lounge, fitness facility and conference center. Dan Adamski and Nick Francic of JLL represented ibex, which plans to hire about 400 people to its regional workforce, in the lease negotiations. The name and representative of the landlord were not disclosed.

August 9, 2021

Leasing Activity Maryland Retail Southeast

Greenberg Gibbons Adds Four Retailers at St. Thomas Shopping Center in Owings Mills, Maryland

by Julia Sanders August 6, 2021

OWINGS MILLS, MD. — Greenberg Gibbons has signed leases with four new retailers that are joining the St. Thomas Shopping Center in Owings Mills. The new tenants, Next Door Pharmacy, uBreakiFix and Boston Market will open this fall, and Michaels will open in fall 2022. Michaels, an arts and crafts retailer, will take up a 23,045-square-foot space near Baltimore Sports & Novelty. Next Door Pharmacy is a customer-centered pharmacy that offers free delivery, pet medications, compounding, vaccinations and price matching. The company’s 1,600-square-foot location will also be next to Baltimore Sports & Novelty. An electronics repair shop, uBreakiFix, will be in a 1,600-square-foot store between H&R Block and Next Door Pharmacy. Boston Market, a fast-casual restaurant, will be in a 2,000-square-foot space located next to 1st Financial and adjacent to M&T Bank. St. Thomas Shopping Center is located on Reisterstown Road, adjacent to Foundry Row, the mixed-use destination also owned and managed by Greenberg Gibbons. In the 100,000-square-foot commercial complex, St. Thomas Shopping Center also features retailers such as Wells Fargo and Starbucks.

August 6, 2021

Leasing Activity Office Texas

McGuireWoods Signs 30,000 SF Office Lease at Texas Tower in Downtown Houston

by Taylor Williams August 6, 2021

HOUSTON — International law firm McGuireWoods has signed a 30,000-square-foot office lease at Texas Tower, a 47-story tower under construction in downtown Houston by Hines and Ivanhoe Cambridge. Under the terms of the 11-year lease, the tenant will take occupancy of the 24th floor beginning in June 2022. Bob Parsley, Darren Gowell and Taylor Wright with Colliers International represented the tenant in the lease negotiations. Michael Anderson with Cushman & Wakefield represented the landlord. Construction of Texas Tower, which is now 42 percent preleased, is expected to be complete in the fourth quarter.

August 6, 2021

Industrial Leasing Activity Massachusetts Northeast

TriMark USA Signs 345,000 SF Industrial Lease in Bellingham, Massachusetts

by Taylor Williams August 6, 2021

BELLINGHAM, MASS. — Restaurant equipment and foodservices supplier TriMark USA LLC has signed a 345,000-square-foot, full-building industrial lease at Bellingham Distribution Center, located about 40 miles southwest of Boston. Dallas-based Lincoln Property Co. developed the building, which features a clear height of 36 feet, 130-foot truck court depths and 227 car parking spaces, in partnership with global investment manager Barings. Ed Jarosz and Rick Schuhwerk of Newmark represented the tenant in the lease negotiations. Ellison Patten and James Tambone of Lincoln Property Co. represented the landlord on an internal basis.

August 6, 2021

Leasing Activity New York Northeast

Lidl to Open 30,000 SF Grocery Store in Commack, New York

by Taylor Williams August 5, 2021

COMMACK, N.Y. — German discount grocer Lidl will open a 30,000-square-foot store at Mayfair Shopping Center, a 222,000-square-foot regional power center in Commack, located on Long Island. Lidl will backfill a space previously occupied by Stein Mart, which filed for Chapter 11 bankruptcy last fall. Mayfair Shopping Center’s tenant roster includes Capital One Bank, Jos. A. Bank, Outback Steakhouse, Rite Aid, Sherwin Williams, The Tutoring Center, Tropical Smoothie and Verizon Wireless, among others. Levin Management Corp. represented the landlord in the lease negotiations.

August 5, 2021

Healthcare Leasing Activity Massachusetts Northeast

Vascular Care Group Signs 9,843 SF Healthcare Lease in Wellesley, Massachusetts

by Taylor Williams August 4, 2021

WELLESLEY, MASS. — The Vascular Care Group has signed a 9,843-square-foot healthcare lease at 981 Worcester St. in Wellesley, a western suburb of Boston. The two-story building spans 28,120 square feet. Dan Krysiak and Michael Greeley of Newmark represented the landlord, CEA Wellesley Trust, in the lease negotiations. Michael Milano of Spinnaker Healthcare Advisors represented the tenant.

August 4, 2021

Illinois Leasing Activity Midwest Multifamily

Wingspan Development Starts Pre-leasing $60M Luxury Apartment Community in Plainfield, Illinois

by Kristin Harlow August 3, 2021

PLAINFIELD, ILL. — Wingspan Development Group has started pre-leasing Sixteen30, a new $60 million luxury apartment community in Plainfield, about 35 miles southwest of Chicago. Located at 14750 S. Wallin Drive, the 284-unit property features eight buildings arranged around a 7,500-square-foot clubhouse. Amenities include a pool, fitness center, bocce court, demonstration kitchen, outdoor grilling area, pet spa and 24-hour package room. First move-ins are expected to begin later this summer. Units range in size from 600 to 1,500 square feet and monthly rents range from $1,485 to $2,850. Chicago-based Studio 222 Architects designed the project and Wingspan’s sister company Nicholas & Associates served as the general contractor. Lincoln Property Co. will oversee leasing and property management.

August 3, 2021

Leasing Activity New York Northeast Retail

X-Golf Signs 6,200 SF Lease at Samanea Mall in Westbury, New York

by Taylor Williams August 3, 2021

WESTBURY, N.Y. — X-Golf, an entertainment concept that features golf simulations and food and beverage offerings, has signed a 6,200-square-foot lease at Samanea Mall in the Long Island village of Westbury. Matthew Kucker, Jordan Baruch and Herb Agin of Colliers International, along with internal agent Dominic Coluccio, represented the landlord, Lesso Mall Development, in the lease negotiations. Bradley Diamond of Parallel Realty represented the tenant, which will backfill a space previously occupied by David’s Bridal. Other entertainment concepts at Samanea Mall include Dave & Buster’s and Empire Adventure Park.

August 3, 2021

Leasing Activity New York Northeast Retail

CycleBar, Pure Barre to Open Fitness Studios on Manhattan’s Upper East Side

by Taylor Williams August 3, 2021

NEW YORK CITY — CycleBar and Pure Barre, two concepts owned by Xponential Fitness, have signed 10-year leases to open exercise studios at 1151 Third Avenue, a 14,820-square-foot building on Manhattan’s Upper East Side. The fitness users will share a 5,300-square-foot space that spans the entire second and third floors. The Feil Organization owns 1151 Third Avenue, which was originally built in 1910. With these leases, the property is now fully leased. The fitness studios opened on July 28.

August 3, 2021

Newer Posts

Older Posts