KERRVILLE, TEXAS — Gulf Avionics, an aerospace maintenance and repair firm, has relocated its headquarters and operations to a 7,000-square-foot space in the Central Texas city of Kerrville. The new facility will service aviation clients from the greater San Antonio area. Gulf Avionics, a division of E.H. Caddis & Co., which also owns Dallas-based RBR Aviation, plans to add 50 avionics and aerospace jobs to the local economy over the next five years.
CEDAR RAPIDS, IOWA — ColorCoat Inc. has signed a nearly 20,000-square-foot industrial lease at 551 60th Ave. in Cedar Rapids. The company will occupy roughly one-half of the newly constructed building and will use the space for painting vinyl windows and doors. Adam Gibbs of GLD Commercial represented ColorCoat in the lease. The landlord was undisclosed. ColorCoat plans to invest $400,000 and create 40 new jobs in Cedar Rapids. The company currently maintains nine manufacturing operations across the country.
NEW YORK CITY — Global private equity firm Hellman & Friedman has signed a 27,800-square-foot office lease at 425 Park Avenue, a 47-story tower in Midtown Manhattan that is nearing completion. The firm signed a 15-year lease and will relocate from the nearby Lever House building at 390 Park Ave. during the fourth quarter. Jonathan Serko, Barry Zeller, Andrew Ross, Richard Serko, Ed Donnery and Mike Middleton of Cushman & Wakefield represented Hellman & Friedman in the lease negotiations. Andrew Wiener and David Berkey represented the landlord, L&L Holding Co., on an internal basis.
EDWARDSVILLE, ILL. — FedEx Supply Chain has leased 769,500 square feet of industrial space at Lakeview Commerce Center in Edwardsville near St. Louis. FedEx will occupy the entirety of Lakeview V, which is located at 3919 Lakeview Corporate Drive. The lease brings FedEx’s total footprint in the area to more than 2 million square feet. Brian Kelley and Timothy Convy of Avison Young and Fischer & Co. represented FedEx in the lease. CBRE represented the owner, Panattoni Development.
CHICAGO — Codal, a digital development and consulting firm, has signed a 15,972-square-foot office lease at Chicago’s Old Post Office development. Relocating from 11 E. Hubbard St., the company is expanding by approximately 10,000 square feet and expects to take occupancy of its new space this summer. The firm currently has 50 employees and says it will more than double that headcount over the next few years. Eastlake Studio designed the space. Brad Serot and Tony Coglianese of CBRE represented Codal in the lease. Dan Heckman and Matt Whipple of Telos Group represented ownership.
LENEXA, KAN. — Centralized Supply Chain Services (CSCS) has joined the tenant lineup at The District at Lenexa City Center in Lenexa. Copaken Brooks is the owner and developer of the mixed-use development. CSCS is relocating from 8140 Ward Parkway to the second and third floors of Penn II, leasing approximately 6,500 square feet of office space. CSCS is a restaurant supply chain company and the exclusive purchasing agent for the Applebee’s and IHOP brands. Headquartered in Kansas City with an office in Glendale, Calif., the company provides procurement, inventory and distribution services for its clients. When fully developed, Lenexa City Center will consist of more than 2 million square feet, including civic components for the City of Lenexa, nearly 1 million square feet of office and retail space, and 375 residential units.
AUSTIN, TEXAS — Law firm Vinson & Elkins has signed a 50,273-square-foot office lease at Indeed Tower, a 673,000-square-foot office building under construction at 200 W. Sixth St. in downtown Austin. A joint venture between Trammell Crow Co. and Principal Real Estate Investors is developing the 36-story building, which is expected to be complete this summer. The law firm’s lease covers the entire 25h floor and part of the 26th floor.
AUSTIN, TEXAS — Cushman & Wakefield has negotiated a 19,601-square-foot office lease at Uplands Corporate Center in South Austin. Matt Frizzell and Kevin Granger of Cushman & Wakefield represented the landlord, San Francisco-based Drawbridge Realty, in the lease negotiations. The tenant, North Carolina-based engineering firm Kimley-Horn, will occupy part of a 124,080-square-foot building that is under construction and represents the second phase of the development.
CAMDEN, N.J. — Dependable Distribution Services, the largest cocoa bean storage company in North America, has signed a 71,445-square-foot industrial lease at 1120 Ferry Ave. in Camden, located near Philadelphia in Southern New Jersey. Marc Isdaner and Richard Gorodesky of Colliers International represented the tenant in the negotiations for the full-building lease. Ian Richman, also with Colliers, represented the undisclosed landlord.
DALLAS — Apollo Retail Specialists has signed a 40,000-square-foot office lease at 1100 N. 28th Ave. in Dallas near Dallas-Fort Worth International Airport. David Creiner, Frank Puskarich and Louis Pascuzzi of Newmark represented the tenant in the lease negotiations. CBRE represented the landlord, LIT Finance III LLC. Apollo Retail Specialists is a Florida-based firm that specializes in fixture install, merchandising resets, store remodels and other services for retailers.