Leasing Activity

JLL Negotiates Two Office Leases Totaling 95,000 SF in Secaucus, New Jersey

by Taylor Williams October 12, 2020

SECAUCUS, N.J. — JLL has negotiated two office leases totaling 95,000 square feet at 500 Plaza Drive in the New York City metro of Secaucus. Hartz Mountain Industries signed a new lease for 54,000 square feet, and AXA Equitable Life Insurance Co. renewed its lease for 41,000 square feet at the Class A building. David Stifelman and Timothy Greiner of JLL represented the landlord, Manulife Investment Management, in both lease negotiations. Geoffrey Schubert of CBRE represented Hartz Mountain Industries, and Matthew Astrachan of JLL represented AXA Equitable Life Insurance. The 11-story, 461,525-square-foot building is located within the 200-acre Harmon Meadow development at the junction of the New Jersey Turnpike and State Route 3.

October 12, 2020

Leasing Activity Office Texas

Cushman & Wakefield Negotiates 104,841 Office Sublease at Legacy Union One in Plano

by Taylor Williams October 12, 2020

PLANO, TEXAS — Cushman & Wakefield has negotiated a 104,841-square-foot office lease at Legacy Union One, a 318,852-square-foot building in Plano. The tenant, energy exploration firm Denbury Inc., has subleased three floors from Prosperity Bank and one floor from Aimbridge Hospitality to house its new headquarters. About 300 Denbury employees will work in the new office space, which offers direct access to the Shops at Legacy and the Legacy West corporate campuses. Mike Wyatt, Travis Boothe and Maureen Kelly Cooper of Cushman & Wakefield represented Denbury in the lease negotiations.

October 12, 2020

Illinois Leasing Activity Midwest Restaurant Retail

Whiskey Hill Brewery to Open at Quincy Station Under Development in Westmont, Illinois

by Kristin Harlow October 12, 2020

WESTMONT, ILL. — Whiskey Hill Brewery & Kitchen has leased 3,740 square feet at Quincy Station in Westmont, about 18 miles west of Chicago. The company will operate a restaurant and bar at the new space. Whiskey Hill currently operates a production facility and tap room in Westmont. Restaurant industry veterans Matt Weil and Rob Salerno founded the company in 2018. Michael O’Connor of Holladay Properties negotiated the new lease at Quincy Station, which is a residential and retail project slated for completion in December 2021.

October 12, 2020

Leasing Activity New York Northeast Office

Youth Development Organization Signs 18,467 SF Office Lease in East Harlem

by Taylor Williams October 9, 2020

NEW YORK CITY — Getting Out Staying Out (GOSO), a youth and career development and nonprofit organization, has signed an 18,467-square-foot office lease at 2283 Third Ave. in East Harlem. The seven-story, transit-served building was constructed in 2006 and spans 50,908 square feet. Lindsay Ornstein, Stephen Powers, Jake Cinti and Ned Pierrepont of Transwestern represented the landlord, Rockfeld Group, in the negotiations for the 10-year lease. Reeves McCall, Anthony Manginelli and Ryan Alexander of CBRE represented the tenant.

October 9, 2020

Florida Leasing Activity Office Southeast

Heritage Insurance Signs 88,643 SF Headquarters Lease in Tampa’s Westshore District

by Alex Tostado October 8, 2020

TAMPA, FLA. — Heritage Insurance has signed a 10-year, 88,643-square-foot office lease to move its headquarters to Westshore City Center in Tampa. The company will fully occupy the building, which is situated in the Westshore District at 1401 N. Westshore Blvd., five miles west of downtown Tampa. The tenant expects to move in in the second quarter of 2021. Heritage Insurance is currently headquartered in nearby Clearwater. Heritage Insurance plans to house 350 employees at the property upon move-in, with plans to expand to 700 employees in the next five years. Tampa-based Ally Capital Group acquired Westshore City Center in 2019 and is currently implementing a $10 million renovation program. Matt Alexander and Chad Rupp of Franklin Street represented the landlord in the lease negotiations.

October 8, 2020

90-Arboretum-Drive-Newington-New-Hampshire

Leasing Activity New Hampshire Northeast Office

Cushman & Wakefield Negotiates 50,000 SF Office Lease in Newington, New Hampshire

by Taylor Williams October 8, 2020

NEWINGTON, N.H. — Cushman & Wakefield has negotiated a 50,000-square-foot office lease at 90 Arboretum Drive in Newington, located in the southeast corner of the state. Designed by Boston-based SGA Architects, the property is the first commercial office building in New England to be constructed with manufactured timber elements. Denis Dancoes, Thomas Farrelly and Sue Ann Johnson of Cushman & Wakefield represented the owner, Farley White Interests, in the transaction. Kent White of The Boulos Company represented the undisclosed tenant.

October 8, 2020

Leasing Activity Massachusetts Northeast Retail

GreenStar Herbals Opens 13,000 SF Cannabis Dispensary in Dracut, Massachusetts

by Taylor Williams October 8, 2020

DRACUT, MASS. — GreenStar Herbals has opened a 13,000-square-foot cannabis dispensary for recreational use in Dracut, located north of Boston near the Massachusetts-New Hampshire border. The store is GreenStar’s third and offers a variety of flower, edible, tincture and salve products. Vantage Builders Inc., a metro Boston-based design-build and construction management firm, handled the build-out of the space, which also includes a consultation area and a break room and locker area for employees.

October 8, 2020

Leasing Activity Office South Carolina Southeast

Serendipity Labs to Open 20,372 SF Coworking Office in Mount Pleasant, South Carolina

by Alex Tostado October 7, 2020

MOUNT PLEASANT, S.C. — Serendipity Labs will open a 20,372-square-foot coworking space within Portside at Ferry Wharf by the end of this month. The developer and landlord is Atlanta-based Holder Properties. The building is situated at 75 Port City Landing, five miles north of downtown Charleston and along Cooper River. The office space will have COVID-19 guidelines in place, including touchless check-in and registration. Serendipity Labs will feature offices, meeting and focus rooms, retreats for nursing mothers, prayer and meditation, and a work lounge, each with their own air ducts. Kristie Roe of Colliers International | South Carolina represented the tenant in the lease negotiations. Rye, N.Y.-based Serendipity Labs operates more than 35 locations in 19 states.

October 7, 2020

Leasing Activity Office Texas

Common Desk to Open 24,140 SF Coworking Space in Houston’s Westchase District

by Taylor Williams October 7, 2020

HOUSTON — Common Desk, a Texas-based provider of flexible office solutions, will open a 24,140-square-foot coworking space at 2500 CityWest, a 578,284-square-foot office building in Houston’s Westchase neighborhood. The space will be Common Desk’s third in the Houston area. Win Haggard Jr. and Vince Strake of Cushman & Wakefield, along with internal representative Dennis Tarro, represented the landlord, a partnership between Patrinely Group and USAA Real Estate, in the lease negotiations.

October 7, 2020

Leasing Activity NAI Office Texas

NAI Partners Negotiates 17,210 SF Office Lease for Aegis Chemical Solutions in North Houston

by Taylor Williams October 7, 2020

HOUSTON — NAI Partners has negotiated a 17,210-square-foot office lease for Aegis Chemical Solutions, a provider of water treatment solutions, at 4560 Kendrick Plaza Drive in North Houston. Jason Whittington of NAI Partners represented the tenant in the lease negotiations. Logan Greer of Insite Realty Partners represented the landlord, EastGroup Properties LP.

October 7, 2020

Newer Posts

Older Posts

Upcoming Events

Aug
06