Leasing Activity

CHAMBERSBURG, PA. — Sportsman’s Warehouse Holdings Inc. (NASDAQ: SPWH) will open a new store at 3285 Black Gap Road in Chambersburg, located roughly midway between Pittsburgh and Philadelphia in the southern part of the state. A grand opening celebration will take place Thursday, Sept. 24 through Friday, Sept. 26. The store will be the fourth Sportsman’s Warehouse in Pennsylvania and will offer more than 60,000 region-specific items including brand-name hunting, fishing, camping, shooting, apparel and footwear merchandise.

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WESTBURY, N.Y. — Bloomingdale’s Furniture will open a 25,000-square-foot store at Samanea Mall in Westbury, located on Long Island, in spring 2021. Matthew Kucker and Jordan Baruch of Colliers International represented the landlord in the lease negotiations. Brian Schuster of Ripco Real Estate represented Bloomingdale’s. Samanea Mall originally opened in 1997 and is currently undergoing a multimillion-dollar renovation.

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DALLAS — Coca-Cola Southwest Beverages, a Dallas-based bottler of the soft drink giant, has signed an office lease at Lincoln Centre, a 1.6 million-square-foot office campus located at 5420 LBJ Freeway in North Dallas. Matthew Schendle and Clint Madison of Cushman & Wakefield represented the landlord, Nuveen Real Estate, in the lease negotiations. Conor McCarthy and Greg Biggs of JLL represented the tenant, which expects to move in to its new space next year. The square footage of the lease was not disclosed.

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SAN ANTONIO —Dick’s Sporting Goods has opened a new store at San Pedro Crossing, a retail center located at the junction of NW Loop 410 and San Pedro Avenue in San Antonio. Lincoln Property Co. owns the shopping center, which is located across the street from North Star Mall and also houses tenants such as The Container Store, Barnes & Noble and Office Depot. The store will be the Pittsburgh-based retailer’s fifth in the San Antonio area. The square footage of the new store was not disclosed.

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MORGANTOWN, W.VA. — Hibbett Sports has opened a 5,600-square-foot store within Morgantown Mall. The Birmingham, Ala.-based sports retailer offers brands such as Nike, Under Armour, Jordan, The North Face and Adidas. The new location implements the company’s new store design, which features an open concept, phone charging stations and other amenities for customers to experience. The mall location also offers online, pick-up in-store and curbside pick-up shopping options. Morgantown Mall is located at 9235 Mall Road, three miles southwest of downtown Morgantown and three miles south of West Virginia University.

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BATAVIA, ILL. — Second City Prints has signed an 86,251-square-foot industrial lease at 1020 Olympic Drive in Batavia. Midwest Industrial Funds purchased the 121,321-square-foot building in 2019 and renovated it to create more efficient space for multiple tenants. There is currently 35,000 square feet of space available for lease. Tom Curtis, John Moysey and Fort Richardson of Avison Young represented Midwest Industrial Funds in the lease transaction with Second City Prints. Brendan Sheahan of Darwin Realty represented the tenant. Second City Prints, which is moving from another Batavia facility, provides merchandise printing, webstore management and tour merchandise fulfillment services for the music industry. The company produced concert merchandise prior to COVID-19 but now supports the concert, entertainment and gaming industries through e-commerce.

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ATLANTA — Piedmont Office Realty Trust, a metro Atlanta-based office REIT, has signed financial tech firm Deluxe Corp. to a 172,000-square-foot office lease at Glenridge Highlands II in Atlanta. The 20-story office tower is located at 5565 Glenridge Connector in Atlanta’s Central Perimeter submarket. Deluxe plans to bring approximately 700 jobs to metro Atlanta with more to come in the near future. The company plans to invest approximately $12 million to construct, build-out and furnish the space at Glenridge Highlands II. Piedmont Office Realty Trust owns the 424,000-square-office building, as well as the adjacent Glenridge Highlands I, and is planning to develop a new 250,000-square-foot office tower on the campus.

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HUMBLE, TEXAS — Metro Dallas-based Kratos Building Products has signed a 28,080-square-foot industrial lease at Building 2 at Parc Air 59, a 320,000-square-foot development in the northern Houston suburb of Humble. North Texas-based Jackson-Shaw is the owner and developer of the property, which is 91 percent leased following this transaction.

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HANOVER PARK, ILL. — Chicago Electric has signed a 46,559-square-foot industrial lease at Turnberry Lakes Business Center in Hanover Park. The company, which offers products, systems and machine solutions for automation in industries with an emphasis on corrugated containers, plastic processing and building materials, is expanding from a 14,000-square-foot location in Carol Stream. The new building, located at 865 Muirfield Drive, features an office and showroom. Michael Marconi, Joe Karmin and Justin Lerner of Transwestern Real Estate Services represented Chicago Electric.

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MIAMI BEACH, FLA. — J. Goldman & Co. LLP, an independent investment management firm, has signed an eight-year lease for 3,318 square feet of office space and a 700-square-foot covered terrace at The Yukon Miami. J. Goldman, which already leases 1,223 square feet on the fourth floor of the Class A office building, broke Florida’s per square foot rental rate pricing record with the new lease at $92 per square foot. The 88,148-square-foot Yukon Miami is situated at 119 Washington Ave. in Miami Beach’s South of Fifth enclave. The property features 9,081 square feet of ground-floor retail space and a rooftop development opportunity. The owner, an entity known as Yantra 119 LLC, is listing Yukon Miami for sale at $45 million. The Global Consulting Organization and longtime landlord representative The Company Real Estate are marketing the property on behalf of the ownership.

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