Tuesday, May 5, 2026
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Leasing Activity

114-Fifth-Avenue-Manhattan
Leasing ActivityNew YorkNortheastOffice

Capital One Signs 60,000 SF Office Lease Expansion at 114 Fifth Avenue in Manhattan

by Taylor Williams

NEW YORK CITY — Capital One has signed a 60,000-square-foot office lease expansion to occupy an additional three floors at 114 Fifth Avenue, a 19-story building in Manhattan’s Flatiron District. The 352,000-square-foot building was originally constructed in 1910 and redeveloped in 2014. The lender now occupies 116,296 square feet across six floors. A joint venture between Columbia Property Trust, Allianz Real Estate and L&L Holding Co. owns the property. David Berkey of L&L Holding internally represented the landlord in the lease negotiations. Dale Schlather and Greg Herman of Cushman & Wakefield represented Capital One.

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CivicLeasing ActivityNortheastPennsylvania

Cushman & Wakefield Negotiates 31,718 SF Lease at The Washington in Philadelphia

by Taylor Williams

PHILADELPHIA — Cushman & Wakefield has negotiated a new lease at The Washington, a historic building located within Philadelphia’s Independence Mall. The tenant, Lighthouse Immersive & Impact Museums, will open a 31,718-square-foot exhibition gallery on the building’s ground floor next spring. Brian Young, Jack Meyers, Howard Traul and Dan Brogan of Cushman & Wakefield represented the locally based landlord, Keystone Development + Investment, in the lease negotiations.

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Leasing ActivityOfficeTexas

Quanex Signs 16,545 SF Office Lease in Houston’s Memorial City District

by Taylor Williams

HOUSTON — Quanex Building Products Corp. has signed a 16,545-square-foot office lease at 945 Bunker Hill Road in Houston’s Memorial City district. Brad MacDougall and Warren Alexander internally represented the landlord, MetroNational, in the lease negotiations. Andy Iversen, John Luck and Kaitlyn Duffie of Newmark represented the tenant, which plans to move into the 14-story building in September 2023.

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IndustrialLeasing ActivityNew YorkNortheast

Duro Dyne Signs 82,064 SF Industrial Lease in Bay Shore, New York

by Taylor Williams

BAY SHORE, N.Y. — Duro Dyne Corp., a manufacturer and distributor of sheet metal accessories and equipment for HVAC systems, has signed an 82,064-square-foot industrial lease at 158 Candlewood Road in the Long Island community of Bay Shore. The tenant is expanding from its adjacent location at 81 Spence St. Leslie Lanne, Doug Omstrom and Max Omstrom of JLL represented the landlord, Rockefeller Group, in the lease negotiations. Paul Leone and Phil Heilpern of CBRE represented Duro Dyne.

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IllinoisIndustrialLeasing ActivityMidwest

Stripmasters Services Signs 161,000 SF Industrial Lease in Decatur, Illinois

by Kristin Harlow

DECATUR, ILL. — Stripmasters Services Inc. has signed a 161,000-square-foot industrial lease at Commerce Park in Decatur, about 40 miles east of Springfield. Commerce Park is situated on 147 acres near I-72. Queenanne Realty LLC, a Chicago-based subsidiary of New Jersey-based Weiss Realty Co. Inc., owns the property. Weiss plans to expand the park over the next several years. Stripmasters is a commercial and industrial blasting, painting and power coating company that services the Midwest region.

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IndustrialLeasing ActivityNew YorkNortheast

Duro Dyne Signs 82,064 SF Industrial Lease in Bay Shore, New York

by Taylor Williams

BAY SHORE, N.Y. — Duro Dyne Corp., a manufacturer and distributor of sheet metal accessories and equipment for HVAC systems, has signed an 82,064-square-foot industrial lease at 158 Candlewood Road in the Long Island community of Bay Shore. The tenant is expanding from its adjacent location at 81 Spence St. Leslie Lanne, Doug Omstrom and Max Omstrom of JLL represented the landlord, Rockefeller Group, in the lease negotiations. Paul Leone and Phil Heilpern of CBRE represented Duro Dyne.

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IndustrialLeasing ActivityMichiganMidwest

Hello Fresh Signs 28,800 SF Industrial Lease in Madison Heights, Michigan

by Kristin Harlow

MADISON HEIGHTS, MICH. — Meal kit company Hello Fresh has signed a 28,800-square-foot industrial lease at 32701 Edward Ave. in Madison Heights, a northern suburb of Detroit. Sean Jamian of Dominion Real Estate Advisors LLC represented the undisclosed landlord. Colin McCausland of JLL represented the tenant in the five-year lease.

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IndustrialLeasing ActivityMichiganMidwest

Hello Fresh Signs 28,800 SF Industrial Lease in Madison Heights, Michigan

by Kristin Harlow

MADISON HEIGHTS, MICH. — Meal kit company Hello Fresh has signed a 28,800-square-foot industrial lease at 32701 Edward Ave. in Madison Heights, a northern suburb of Detroit. Sean Jamian of Dominion Real Estate Advisors LLC represented the undisclosed landlord. Colin McCausland of JLL represented the tenant in the five-year lease.

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Leasing ActivityNew YorkNortheastOffice

Standard Motor Products Signs 75,000 SF Office Lease Renewal in Queens

by Taylor Williams

NEW YORK CITY — Standard Motor Products has signed a 75,000-square-foot office lease renewal in the Long Island City area of Queens. The automotive parts manufacturer and distributor, which was founded in 1919, will remain at its namesake building for another 10 years. William Elder, Andrew Ackerman and Walter Rooney represented the landlord, RXR Realty, in the lease negotiations on an internal basis. William Korchak and Jim McCahon of JLL represented Standard Motor Products.

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Leasing ActivityNew YorkNortheastOffice

Standard Motor Products Signs 75,000 SF Office Lease Renewal in Queens

by Taylor Williams

NEW YORK CITY — Standard Motor Products has signed a 75,000-square-foot office lease renewal in the Long Island City area of Queens. The automotive parts manufacturer and distributor, which was founded in 1919, will remain at its namesake building for another 10 years. William Elder, Andrew Ackerman and Walter Rooney represented the landlord, RXR Realty, in the lease negotiations on an internal basis. William Korchak and Jim McCahon of JLL represented Standard Motor Products.

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