NEW YORK CITY — Berenberg Capital Markets LLC has signed deals to renew and expand its office headquarters space at 1251 Avenue of the Americas in Midtown Manhattan. The company has renewed its 31,700-square-foot lease for the entire 53rd floor and will expand by 30,700 square feet to occupy the entire 52nd floor. Mitchell Konsker, Alexander Chudnoff and Benjamin Bass of JLL represented the tenant in the lease negotiations. David Falk and Peter Shimkin of Newmark represented the landlord, Mitsui Fudosan America. The 2.4 million-square-foot building was originally constructed in 1971.
EATONTOWN, N.J. — New Jersey-based brokerage firm R.J. Brunelli & Co. LLC has negotiated a 45,600-square-foot healthcare lease at Monmouth Plaza in the Central New Jersey borough of Eatontown. The tenant, Hackensack Meridian Health, plans to open a new outpatient and urgent care facility at the site in the second quarter of next year. Richard Brunelli of R.J. Brunelli & Co. represented the owner, Monmouth Plaza Enterprises LLC, in the lease negotiations. Danielle Brunelli of R.J. Brunelli & Co. procured the tenant, which was represented in negotiations by Jeffrey Babikian of CBRE.
HOUSTON — TricorBraun, a designer and distributor of packaging supplies, has signed a 70,106-square-foot industrial lease at Ella West Crossing, a 221,363-square-foot development in East Houston. The property, which is located within Pinto Business Park, features 32-foot clear heights, an ESFR sprinkler system and 67 trailer parking spaces. Kelly Landwermeyer, Craig Bean and John Kruse of Dallas-based Holt Lunsford Commercial represented the landlord, Seefried Industrial Partners, in the lease negotiations. Steve Schmid and Will Condrey of Cresa represented the tenant.
SPRING, TEXAS — Common Desk, a Dallas-based provider of coworking and flexible workspace solutions, has opened a 26,750-square-foot space at City Place, a mixed-use development located in the northern Houston suburb of Spring. Chrissy Wilson and Matt Pruitt of JLL, along with internal agents Phillip Moore and Dennis Tarro of Patrinely Group, represented the landlord in the lease negotiations. Patrinely Group owns the building in partnership with USAA Real Estate. Common Desk also recently opened a 25,000-square-foot space at HALL Park in Frisco.
TEXARKANA, TEXAS — Cherokee Federal, a contractor that serves the construction, engineering, manufacturing and defense industries, has signed two new lease agreements with TexAmericas Center (TAC) to accommodate the company’s expansion. Cherokee Nation Red Wing, a defense contractor serving the Red River Army Depot, will lease a 19,228-square-foot light manufacturing space at 154 Service St. This move represents an expansion of the company’s existing 126,00-square-footprint at 312 Panther Creek Drive on TAC’s central campus. In addition, the company’s aerospace and defense department will lease 4,000 square feet of office space at 342 Texas Ave. TexAmericas Center owns and operates roughly 12,000 development-ready acres of land and about 3.5 million square feet of commercial and industrial product that serve four states.
HUTTO, TEXAS — Titan Development has launched Phase II of Titan Innovation Business Park, located in the northern Austin suburb of Hutto, with the acquisition of 100 acres that will ultimately be developed into six buildings. Titan has negotiated a 52,500-square-foot build-to-suit lease with Kval Inc., a manufacturer of door machinery, as the inaugural tenant of Phase II. Construction of Kval’s facility, which is expected to bring about 80 new jobs to the area, is scheduled to begin in August and to last about a year. This is the fifth project funded by Titan Development’s Real Estate Fund II, which focuses on investments in the industrial and multifamily spaces.
OVERLAND PARK, KAN. — CreativeOne is the newest tenant to join the Aspiria office campus in Overland Park. The financial services company will relocate to 25,000 square feet at the former Sprint campus. CreativeOne expects to take occupancy of its new space in January 2022. Bryan Johnson of Colliers International handled the lease transaction on behalf of the tenant. Amenities at Aspiria include a 68,000-square-foot fitness center, multiple dining rooms, conference centers, outdoor spaces and comprehensive security. Owner Occidental Management plans to develop the surrounding 60 acres with more than 1 million square feet of additional office space, 380,000 square feet of retail and restaurant space, a 120-room hotel and 600 multifamily units.
WALTHAM, MASS. — Abcam, a United Kingdom-based developer and distributor of biological reagents and tools for research, drug discovery and diagnostics, has signed a 100,000-square-foot life sciences lease in the western Boston suburb of Waltham. The company will occupy space at The Gauge, a former research and development facility that was recently repositioned to attract life sciences users. Paul Delaney and John Coakley of Cresa represented Abcam in the lease negotiations. Mike O’Leary and Duncan Gratton of Cushman & Wakefield represented the landlord, Hilco Redevelopment Partners.
PHILLIPSBURG, N.J. — CBRE has negotiated a 607,269-square-foot industrial lease in Phillipsburg, located on the New Jersey-Pennsylvania border. The tenant, Italian logistics form OMLog, will occupy space within Building 3 at Bridge Point 78, a 3.9 million-square-foot master-planned development by Bridge Industrial and PGIM Real Estate. Jake Terkanian, Mindy Lissner and Vincent Ranalli of CBRE represented the landlord in the lease negotiations. Kevin Dudley, also with CBRE, represented the tenant.
NEW YORK CITY — Building materials supplier City Lumber has signed a 73,000-square-foot headquarters lease at 84-00 73rd Ave. in the Glendale area of Queens. The property includes warehouse and office space, as well as 32,500 square feet of outdoor space for additional storage or parking needs. The lease term is 12 years, and the rental rate equates to $23 per square foot. Josh Berger and Alex Lubin of Norman Bobrow & Co. represented the tenant in the lease negotiations. The name and representative of the landlord were not disclosed.