REBusinessOnline

Hercules Inc. Signs 111,062 SF Industrial Lease in Northwest Houston

HOUSTON — Hercules Inc., an Alabama-based manufacturer of polyethylene products, has signed a 111,062-square-foot industrial lease in northwest Houston. The company will occupy roughly half the space at Park 8, a 242,760-square-foot distribution center owned by Avera Cos. and AEW Capital Management. Completed in April 2020, the cross-dock building features 36-foot clear heights, 130-foot truck court depths and an ESFR sprinkler system. Jim Autenreith and J.W. Wall III of Moody Rambin …

LifeMD Signs 7,500 SF Office Lease at 236 Fifth Avenue in Midtown Manhattan

NEW YORK CITY — Telemedicine provider LifeMD Inc. has signed a 7,500-square-foot office lease at 236 Fifth Avenue, an 11-story building in Midtown Manhattan that was originally built in 1907. The owner, Kaufman Organization, acquired the property in 2018 and implemented a value-add program. Grant Greenspan and Jared Sternberg represented the landlord on an internal basis in the lease negotiations. Joshua Berg of Newmark represented the tenant, which plans to take occupancy of the space in …

BDO Digital Inks Lease, Becomes First Major Corporate Tenant at Former McDonald’s Campus in Suburban Chicago

OAK BROOK, ILL. — Accounting and advisory firm BDO USA LLP has signed a lease for 28,000 square feet of Class A office space in Oak Brook for the headquarters of its subsidiary, BDO Digital LLC. The company is the first major corporate tenant at Oak Brook Reserve, the redevelopment of the former McDonald’s campus. The firm expects to take occupancy in the fourth quarter of 2022.Oak Brook Reserve offers more than 400,000 square feet of office space and 2.5 miles of walking and biking …

Teradyne Signs 42,696 SF Office Lease in Deer Park, Illinois

DEER PARK, ILL. — Teradyne has signed a 42,696-square-foot office lease at The Reserve at Deer Park in the Chicago suburb of Deer Park. The tenant will occupy the entire sixth floor of the 351,425-square-foot building, which is located at 21440 W. Lake Cook Road. Teradyne, an automatic test equipment designer and manufacturer, expects to take occupancy in June 2022. The office layout will include lab components. JLL’s Doug Shehan, Rick Benoy and Julie Koelzer represented building ownership, …

Miro Signs 72,000 SF Office Lease at Colorado Tower in Downtown Austin

AUSTIN, TEXAS — Miro, an online whiteboard platform designed for distributed team collaboration, has signed a 72,000-square-foot office lease at Colorado Tower in downtown Austin. Owned by Atlanta-based Cousins Properties, the 373,334-square-foot building opened in 2015 and offers two onsite restaurants, a fitness center and conference facilities. Mark Harris and Jake Ragusa of JLL represented Miro, which plans to occupy three floors beginning next spring, in the lease negotiations. Rachel …

Hemogenyx Pharmaceuticals Signs 10,000 SF Life Sciences Lease in Manhattan

NEW YORK CITY — Hemogenyx Pharmaceuticals, which develops therapies to make bone marrow transplants safer and more accessible, has signed a 10,000-square-foot life sciences lease at the Mink Building in Manhattan. The tenant will relocate from the Downstate campus of State University of New York (SUNY). Owned by The Janus Property Co., the 150,000-square-foot Mink Building is located within the Manhattanville Factory District, adjacent to Columbia University and City College on the Upper West …

3M Signs 410,000 SF Industrial Lease Renewal in DeKalb, Illinois

DEKALB, ILL. — Multinational conglomerate 3M has signed a 12-year lease renewal for its 410,000-square-foot distribution hub in DeKalb, about 65 miles west of Chicago. The property is located at 1211 Fairview Drive. Jenny Aust Turner of Cresa represented 3M in the lease. Modiv Inc., a California-based REIT, is the building

Apex Capital Signs 61,944 SF Office Headquarters Lease in Downtown Fort Worth

FORT WORTH, TEXAS — Freight factoring firm Apex Capital Corp. has signed a 61,944-square-foot office headquarters lease at Bank of America Tower in downtown Fort Worth. Pat McDowell and Matt Montague of JLL represented the tenant in the lease negotiations. Robert Gamblin represented the landlord, City Center Management, on an internal basis. Apex Capital plans to take occupancy of its new space next

Lee & Associates Negotiates 301,995 SF Industrial Lease in Fort Worth

FORT WORTH, TEXAS — Lee & Associates has negotiated a 301,995-square-foot industrial lease at Everman Distribution Center in Fort Worth. The property is located within Carter Distribution Center and features 38-foot clear heights, 280-foot truck court depths, 196 car parking spaces, 92 trailer parking spaces and 22 dock-high doors. Trey Fricke and Reid Bassinger of Lee & Associates represented the landlord, The Hollingsworth Cos., in the lease negotiations. Tom Golarz and James Ewing …

Celero Commerce Renews 27,000 SF Office Lease in Rosemont, Illinois

ROSEMONT, ILL. — Celero Commerce, a financial tech company, has renewed its 27,000-square-foot, full-floor office lease at Pointe O’Hare in Rosemont. The Class A office tower is located at 9550 W. Higgins Road. Celero inherited the Chicago-area office following its acquisition of Transnational Payments in October 2020, marking the sixth acquisition for the company since its formation in November 2018. Celero has approximately 260 employees with continued plans for expansion. Campbell …

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