HOUSTON — Colliers has negotiated a 48,000-square-foot lease in the Jersey Village area of northwest Houston. According to LoopNet Inc. the building at 7420 Security Way was built in 2006 and totals 191,594 square feet. Barrett Gibson and David McMahon of Colliers represented the tenant Hospitality Solutions Inc., which also recently subleased 26,847 square feet of space in North Houston to an unnamed user, in the lease negotiations. The name and representative of the landlord were not disclosed.
ATLANTA — Shriners Children’s, a global pediatric healthcare system, has signed a multi-floor lease for research-and-development space at Science Square Labs, a 368,213-square-foot laboratory and office tower in Midtown Atlanta. The project, owned and developed by Trammell Crow Co., is part of Georgia Tech’s 18-acre Science Square innovation district. Shriners Children’s Research Institute will feature next-generation laboratories, modern collaborative workspaces and advanced technology infrastructure. The move is expected to bring more than 470 jobs to Atlanta. With Shriners Children’s new lease, Science Square Labs is now 83 percent leased to tenants including Duracell, Georgia Tech & Emory BioMedical Engineering faculty labs, the Georgia Department of Agriculture, Portal Innovations and Osmose. Eric Ross, Jessica Doyle and Graham Little of CBRE represented Trammell Crow Co. in the lease negotiations.
MIAMI — Blanca Commercial Real Estate (Blanca CRE) has arranged a 78,315-square-foot office lease at Waterford Business District in Miami. ADP, a global HR and payroll solutions provider, will relocate its current Miami office at 10200 Sunset Drive to the Waterford campus at 65th Avenue and 7th Street, adjacent to Miami International Airport. Juan Ruiz, Andres del Corral, Jack Davidson, Tere Blanca and Jessy Aguila of Blanca CRE represented the undisclosed landlord in the lease negotiations. Other recent leases executed at the 250-acre Waterford campus include Carnival Corp., Assurant and Verizon, among other major firms.
BEVERLY HILLS, CALIF. — Cain International has provided updates on One Beverly Hills, a 17.5-acre mixed-use project in metro Los Angeles that is valued at roughly $10 billion. Luxury fashion brand Dolce & Gabbana, as well as restaurants Casa Tua Cucina and Los Mochis, have been confirmed as three of the first tenants within the development’s 200,000-square-foot retail district, which is planned to ultimately feature 45 shopping and dining options. In addition, construction is underway on Aman Beverly Hills, which will consist of a 78-suite hotel, two residential towers, a private club and 10 acres of botanical gardens and open space. The latter element will connect The Beverly Hilton hotel, which is currently being renovated, and the Waldorf Astoria Beverly Hills hotel.
EDEN PRAIRIE, MINN. — Seven retail tenants are now open or coming soon at Eden Prairie Center in the Twin Cities suburb of Eden Prairie. PRVDR, now open, is located on the lower level of Center Court near Niko Niko. Totaling 1,300 square feet, the locally owned boutique is one of two locations in Minnesota that offers men’s fashion apparel, t-shirts, hoodies, hats and sneakers. Umi’s for Men, expected to open in late October, will offer men’s fashion in a 1,409-square-foot store on the upper level near Auntie Anne’s. Opening later this year, Wings Credit Union will occupy 3,800 square feet on the upper level near Target. The nonprofit institution is Minnesota’s largest credit union. Reborn Salon features a new expansion. The 2,361-square-foot salon, located on the upper level near Visionworks, is owned and operated by local stylist Bella Roberts. Phenix Salon Suites, now open, offers salon suites, development tools and education to support independent beauty professionals operating their own businesses. The 6,244-square-foot salon features 35 suites on the lower level near Gyu Mai Japanese BBQ. The location marks the sixth in Minnesota. Also now open is the U.S. Army Career Center. The 1,178-square-foot service center is located on the …
HOUSTON — Partners Real Estate has negotiated a 50,995-square-foot industrial lease in northwest Houston. The space is located within Building F of the property at 6410 Langfield Road and can support manufacturing usage. Travis Land and Braedon Emde of Partners represented the landlord in the lease negotiations. Gary Lawless and Kyle Willard of Cresa represented the tenant. Both parties requested anonymity.
HOUSTON — Colliers has negotiated a 26,847-square-foot industrial sublease in North Houston. According to LoopNet Inc. the building at 14440 John F. Kennedy Blvd. is one of two within the 192,000-square-foot Interwood Business Center. Barrett Gibson and David McMahon of Colliers represented the sublessor, Hospitality Solutions Inc., in the sublease negotiations. The name and representative of the sublessee were not disclosed.
LOCUST GROVE, GA. — Cresa has arranged a 250,041-square-foot industrial lease at 3090 Highway 42 in Locust Grove, about 36 miles south of Atlanta. The tenant is Power Grid Components (PGC), a Blackstone portfolio company that manufactures and distributes advanced components for utility transmission and power distribution. The firm has locations in the Southeast, New York, the Midwest and Canada. Michael Herz and Waite Buckley of Cresa’s New York City office, along with Tom Tindall and Brooks Morris of Cresa’s Atlanta office, represented PGC in the lease negotiations. The landlord was Granite REIT.
DEER PARK, ILL. — Four new retail tenants have signed leases to open at Deer Park Town Center in the Chicago suburb of Deer Park. LaserAway, now open, occupies an 1,819-square-foot store next to Sleep Number and offers laser hair removal technology and treatments. Eye care retailer Warby Parker will open in November. The 2,512-square-foot store is currently under construction and located near Banana Republic. Also opening in November, American Eagle will occupy 5,800 square feet. The space next to Bath & Body Works is currently under construction. Toastique, opening in winter 2025, serves gourmet toast, juice and coffee. The 1,400-square-foot restaurant will be the first Illinois location for the brand. Managed by JLL, Deer Park Town Center is an outdoor lifestyle shopping center that is home to more than 60 retail, restaurant and service brands.
HOUSTON — Locally based brokerage firm Finial Group has negotiated an 18,812-square-foot industrial lease expansion and renewal in West Houston. According to LoopNet Inc., the property at 16670-16700 Park Row Drive was built in 1999 and totals 42,070 square feet. Jason Gibbons and Andrew Bischoff of Finial Group represented the undisclosed landlord in the transaction. The tenant is The Bayou City Hemp Co. Inc.