GALESBURG, ILL. — Corteva Agriscience has leased 300,000 square feet at a former Maytag facility located at 1801 Monmouth Blvd. in Galesburg, about 45 miles northwest of Peoria. Corteva is an agricultural chemical and seed company. Phoenix Investors owns the building, which has been vacant since Maytag closed the plant over a decade ago. Phoenix purchased the facility in June 2019. Corteva will take occupancy this fall once renovations are completed.
Leasing Activity
PHOENIX — Empire Metal Products Inc. has leased a 42,000-square-foot industrial building in Phoenix. David Wilson and Carter Wilson of DAUM Commercial Real Estate Services negotiated the 10-year lease on behalf of the tenant and the landlord, a private investor. Empire, a metal production company specializing in sheet metal, stainless steel, aluminum and copper, is relocating and expanding from its current Phoenix headquarters. Empire’s new facility sits on 2.2 acres at 2362 W. Shangri-la Road within the Metro Industrial Center. The fully air-conditioned building features a clear height of 18 feet and 125 car parking spaces.
IRVING, TEXAS — Lee & Associates has negotiated a 375,000-square-foot industrial lease for meal kit provider HelloFresh at 2700 Market St. in Irving. The newly built facility, which is located within Gateway Logistics Center, will function as the company’s largest distribution center. Trey Fricke and Reid Bassinger of Lee & Associates’ DFW office, along with Dennis Smeck and Justin Myers of the firm’s New York City office, represented HelloFresh in the lease negotiations. Mark Hayes of HPI Real Estate Services & Investments represented the landlord. HelloFresh expects to take occupancy of the facility in March 2021.
AUSTIN, TEXAS — Auctane, a subsidiary of stamps.com and a provider of software for the e-commerce industry, has signed a 105,385-square-foot office lease at The Grove at Shoal Creek, a mixed-use development located at 4301 Bull Creek Road in Austin. Developed by a joint venture between MileStone Community Builders and Castletop Capital, The Grove at Shoal Creek is a 76-acre destination with office, retail and residential uses. John Gump and Kelly Woodruff of CBRE represented Auctane in the lease negotiations. Travis Dunaway of Endeavor Real Estate Group represented the landlord.
HOUSTON — Energy firm Momentum Midstream has renewed its 22,575-square-foot office lease renewal at 600 Travis St. in downtown Houston. Mark Russell of Newmark Knight Frank represented the tenant in the lease negotiations. Michael Anderson, Diana Bridger, Margaret Elkins and Brad Beasley of Cushman & Wakefield represented the landlord, a partnership between Hines and Cerberus Capital Management. At 75 stories, 600 Travis is the tallest building in Texas and offers a 7,000-square-foot fitness center, a 280-seat auditorium and 12 floors of parking.
JERSEY CITY, N.J. — Locally based provider Englewood Health will open a 53,222-square-foot medical office at 2 Journal Square, a 325,000-square-foot building in Jersey City. The space will include medical offices for orthopedics, pain medicine, primary care, diabetes, OB/GYN, cancer, cardiology, pulmonology, urology and colorectal surgery. In addition, there will be onsite urgent care, breast screening and imaging, an infusion center and a laboratory. Greg Barkan, Remy deVarenne and Sam Bernhaudt of CBRE represented Englewood Health in the 15-year lease agreement. GAIA Real Estate owns the building and recently completed a multimillion-dollar renovation of it.
LEVITTOWN, N.Y. AND MILFORD, CONN. — Wren Kitchens, a United Kingdom-based designer and manufacturer of kitchens, has signed leases in the Long Island city of Levittown and in the Connecticut city of Milford to open retail showrooms. The spaces will span 19,500 and 21,350 square feet, respectively. Adam Weinblatt and Marc Frankel of Newmark Knight Frank represented Wren Kitchens in the lease negotiations. Brian Schuster of Ripco Real Estate represented the landlords. Both showrooms are scheduled to open by late 2020 or early 2021.
Coworking Provider Firmspace to Open 27,000 SF Office in Atlanta’s Buckhead District
by Alex Tostado
ATLANTA — Firmspace will open a new 27,000-square-foot “proworking” space in Atlanta’s Buckhead district. Different from traditional coworking space, Firmspace Atlanta will offer members more privacy in the form of private offices, floor-to-ceiling walls and sound-masking technology. Firmspace is targeting individuals who aren’t satisfied working from home or with traditional coworking spaces. Firmspace Atlanta is equipped to address COVID-19 concerns, with common areas being electrostatically disinfected and members being required to wear masks. The space is located within the Sovereign Building at 3344 Peachtree Road NE, 10 miles north of downtown Atlanta. The office’s soft opening to members will be Tuesday, Sept. 8.
DALLAS — JLL has negotiated an 8,178-square-foot office lease at Lake Highlands Tower in Dallas. The building was recently renovated to include a new fitness center, expanded café and tenant lounge and an upgraded conference room. Lauren Halstedt, Ashley Curry and Garrett Nerren of JLL represented the landlord, Malouf Interests, in the lease negotiations. Eric Deuillet of Structure Commercial represented the tenant, Dallas-based physician management services firm 99 Healthcare Management.
SPRING, TEXAS — Sherwin Williams has signed a 4,000-square-foot retail lease at Harmony Commons Plaza, a newly built shopping center located in Spring, a northern suburb of Houston. The 11,207-square-foot center is located at the corner of Grand Parkway and Harmony Commons Drive. Tami Pearson of Waterman Steele represented Sherwin Williams, which expects to open in the fourth quarter, in the lease negotiations. Bob Conwell and Austen Baldridge of NewQuest Properties represented the landlord, B&B North American Investments LLC.