FAIRFIELD, N.J. — Questar, a provider of packaging products and services to the waste industry, has signed a 37,000-square-foot industrial lease in the Northern New Jersey community of Fairfield. Torsten Thaler, John Wilkinson, Chuck Fern, Jason Barton, Thomas Tucci and Stephen Shoemaker of Cushman & Wakefield represented Questar in the lease negotiations. Jack Shulman and Elliot Ferris represented the landlord, The STRO Cos.
AUSTIN, TEXAS — Arrive Logistics, a locally based freight brokerage firm, has signed a lease extension and expansion at MetCenter Business Park in Austin. The privately held company renewed its 78,000 square feet of space within Buildings 14 and 15 at MetCenter and also leased an additional 38,000 square feet within Building 15. Other tenants at MetCenter, which is owned by Dallas-based Mohr Capital, include Amazon, Ascension Seton, Texas Health & Human Services Commission and Power Home Remodeling.
ROSELLE, ILL. — Signode has signed a 360,709-square-foot industrial lease at 1600 Central Ave. in Roselle, a northwest suburb of Chicago. Signode, a global manufacturer of packaging and warehouse automation solutions, will open a global flagship facility for its Automation and Packaging Technologies (APT) platform following the completion of tenant improvements at the new site. Originally constructed as a build-to-suit for Sony Corp. in 1994, the building sits on 19 acres and features a clear height of 28 feet, 40 exterior docks and 46 trailer spots. The property is situated within the Turnberry Lakes Business Park, which offers convenient access to I-390 and O’Hare International Airport. Signode will house its APT platform at the new site, including manufacturing for a broad portfolio of equipment and a new, 100,000-square-foot customer experience center. Ron Behm and Jonathan Kohn of Colliers International Chicago represented the landlord, Prologis. Whit Heitman of CBRE represented Signode, which will occupy the entire building.
SCHAUMBURG, ILL. — Ally Financial has signed a 55,000-square-foot office lease at Schaumburg Towers in the Chicago suburb of Schaumburg. Ally, a digital financial services company, will relocate from Itasca, where it currently occupies 44,000 square feet. Ally expects to take occupancy of its new space in the third quarter of 2022. Located on American Lane, Schaumburg Towers is a two-building, 882,000-square-foot office complex. Owner America Landmark Properties has invested more than $20 million to renovate the property in the past few years. Steve Kling and David Florent of Colliers International represented ownership in the lease transaction, which brings the property’s occupancy up to 70 percent. Scott Ohlander of JLL represented Ally.
HOUSTON — Newmark has negotiated a 181,067-square-foot industrial lease extension at Building 11 within Central Green Business Park in Houston. John Luck, Griffin Rich, Chris Mason, John Beach, Reggie Beavan III, Andy Iversen, Joshua Brown and Trace Elrod of Newmark represented the tenant, GAC Energy & Marine Services, in the lease negotiations. Liberty Property Co. owns the facility.
PISCATAWAY, N.J. — LIXIL, a provider of water and housing products, has signed a 60,000-square-foot lease for its new headquarters at Middlesex Science Center, a 685,000-square-foot office and life sciences campus in the Northern New Jersey community of Piscataway. Keystone Property Group owns the campus, which formerly served as an office and data center for AT&T. Scott Lesh and Scott Stange of JLL represented the tenant in the lease negotiations. CBRE represented Keystone.
MIAMI — Microsoft, a Redmond, Wash.-based computer software and electronics retailer, will open a 50,000-square-foot office inside 830 Brickell in downtown Miami. Microsoft is the second major firm to join the tenant roster at 830 Brickell this year, along with private equity firm, Thoma Bravo, which will lease 36,500 square feet on the top two floors in the tower. 830 Brickell, a 55-story office building in the city’s Brickell district, is currently under construction. Slated for delivery in 2022, the 640,000-square-foot tower was designed by architecture firm Adrian Smith + Gordon Gill, with interiors done by Italian architecture and design company Iosa Ghini Associati. Community amenities will include a health and wellness center, restaurant, open-air rooftop lounge, private conference facility for tenants and 24-hour concierge service. Alexander Brown of Colliers International represented Microsoft in the lease negotiations. Andrew Trench, Brian Gale and Ryan Holtzman of Cushman & Wakefield represented the landlord in the transaction on behalf of developers, OKO Group and Cain International. Cushman & Wakefield is serving as the tower’s exclusive leasing agent.
CHICAGO — Transwestern Real Estate Services represented Art in Motion in its purchase of 7415 S. East End Ave., a 110,000-square-foot property in Chicago’s South Shore neighborhood. The purchase price was undisclosed. Art in Motion, a charter school that promotes creativity and artistic pursuits, plans to renovate the space with a new broadcast studio, recording studio, theater and classroom space. Renovations are slated for completion in time for the 2022-2023 academic year. Upon completion, the arts school will serve students in grades seven through 12. Art in Motion was founded in 2019 under Distinctive Schools, a nonprofit dedicated to supporting and accelerating the work of charter schools. Larry Serota and Alex Genova of Transwestern provided tenant advisory and workplace solutions services for Art in Motion.
CARROLLTON, TEXAS — NAI Robert Lynn has negotiated a 162,000-square-foot industrial lease expansion at 4717 Plano Parkway in the northern Dallas suburb of Carrollton. The deal essentially triples the Dallas-area footprint of the tenant, third-party logistics firm JB Hudco, to 240,000 square feet. Chad Albert of NAI Robert Lynn represented JB Hudco in the lease negotiations. George Billingsley represented the landlord, Billingsley Co., on an internal basis.
TULSA, OKLA. — Aristocrat Gaming, a manufacturer of slot machines and similar products, has signed a 137,500-square-foot lease for its new headquarters at 15336 E. Admiral Place in Tulsa. The property is under construction, with the warehouse component scheduled for completion this winter and the office component slated for a summer 2022 delivery. Dwayne Flynn and Ryan Shaffer of CBRE represented Aristocrat Gaming and the landlord, Tulsa-based Miller Investments & Properties, in the lease negotiations.