Leasing Activity

TROY, MICH. — Turbo Mortgage Funding 2 LLC has signed a 2,800-square-foot office lease at North Troy Corporate Park in Troy. Jordan Friedman of Friedman Real Estate represented the tenant in the lease transaction. Robert Gagniuk and Marc Hames of Friedman represented the undisclosed landlord. Turbo Mortgage Funding is a Farmington Hills, Mich.-based mortgage broker.

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PHILADELPHIA — CBRE has negotiated a 44,000-square-foot life sciences headquarters lease for biotechnology firm Biomeme at 401 N. Broad St. in Philadelphia. The new headquarters includes space for lab, office and manufacturing uses. Christian Dyer of CBRE represented the landlord, Netrality Data Centers, in the lease negotiations. The representative of the tenant was not disclosed. Since acquiring the 11-story building in 2014, Netrality Data Centers has invested for more than $50 million in capital improvements.

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Majestic Square

CHARLESTON, S.C. — Target has signed a 30,000-square-foot retail lease at Majestic Square, a mixed-use and office building located at 211 King St. in downtown Charleston’s historic district. The Beach Co., a locally based real estate developer and owner, is the landlord of Majestic Square. Majestic Square is located on the corner of King and Market streets in the heart of Charleston’s walkable neighborhood. Dotan Zuckerman of Zuckerman Co., along with Beach Commercial, represented the landlord, Majestic Square LLC, an affiliate of The Beach Co. Rich Barta of CORE Properties represented Target Corp. An opening date will be announced closer to the store’s opening.

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FORT WORTH, TEXAS — Moving and delivery service provider Gozova has signed a 67,883-square-foot industrial lease at 6633 Oak Grove Road in Fort Worth. According to LoopNet Inc., the property was built in 2017 and totals 270,282 square feet. Tanja McAleavey of Younger Partners represented the tenant in the lease negotiations. The name and representative of the landlord were not disclosed.

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Cityside-Waltham

WALTHAM, MASS. — Bank of America has signed a 23,330-square-foot office lease expansion at Cityside, located at 1025-1075 Main St. in the western Boston suburb of Waltham. Ryan Romano, Tom Hansen and Malcolm See of CBRE represented the tenant in the lease negotiations. Rob Byrne and Liz McLaughlin of Cushman & Wakefield represented the landlord, locally based investment firm The Davis Cos.

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PRINCETON, N.J. — Avison Young has negotiated a 48,511-square-foot office headquarters lease for immunotherapy company CytoSorbents Corp. at 305 College Road East in Princeton. The tenant is relocating from Monmouth Junction. Thomas Giannone, Ronald Ganter, Edward English, Paul Errigo III and Tracey Kasper of Avison Young represented CytoSorbents in the lease negotiations. The representative of the landlord, National Business Parks, was not disclosed.

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One-Cabot-Road-Medford-Massachusetts

MEDFORD, MASS. — Inkbit, a technology firm known for its innovations in 3D printing, has signed a 38,300-square-foot office lease for its new headquarters at One Cabot Road in Medford, a northern suburb of Boston. Joseph Pearce and Michael Frisoli of Newmark represented the tenant in the lease negotiations. Debra Gould and Rory Walsh, also with Newmark, represented the landlord, locally based investment firm The Davis Cos.

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Bridge Point Commerce Center

MIAMI GARDENS, FLA. — Bridge Development Partners has signed City Furniture to a 286,991-square-foot lease at Bridge Point Commerce Center in Miami Gardens. The Fort Lauderdale-based home furnishing retailer signed a long-term lease to fully occupy Building C and will utilize the space as a new distribution center. Located on a 185-acre site at 4310 NW 215th St., Bridge Point Commerce Center offers Florida Turnpike frontage. The park is located 21 miles from Miami International Airport and 19 miles from Fort Lauderdale. Phase I of the Class A industrial park, which includes three buildings totaling 1.1 million square feet, was delivered in January 2021 and is now more than 80 percent leased. HapCor, a grocery distributor and retailer to the Caribbean and Latin America, is another tenant in the project’s first phase. Site work is underway for Phase II, which encompasses two buildings totaling 1.5 million square feet. Bridge Development expects to complete the second phase in early 2023. Divisible to 40,000 square feet, the first two buildings in Phase I total 286,991 square feet and feature 32-foot clear heights, and the third building is a 534,816-square-foot, cross-dock facility with 36-foot clear heights. Divisible to 80,000 square feet, Phase II …

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FORT WORTH, TEXAS — Dallas-based Holt Lunsford Commercial has negotiated a 40,625-square-foot industrial lease within Suffolk Business Park in Fort Worth. George Jennings and Thomas Grafton with Holt Lunsford represented the landlord, DFW SD Industrial. Gibson Duwe of Transwestern represented the tenant, Jess Hall’s Serendipity, a provider of food seasonings and sauces.

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AUSTIN, TEXAS — Furniture and appliance retailer Conn’s HomePlus has signed a 40,000-square-foot retail lease at Capital Plaza, a shopping center located at the junction of IH-35 and Cameron Road in Austin. Matt Epple and Britt Morrison of Weitzman represented the undisclosed landlord in the lease negotiations. Sean Murphy of CLD Realty represented Conn’s HomePlus. Other tenants at the center include Target, Ross Dress for Less, Boot Barn, Foot Locker and Walgreens.

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