MILLBURN, N.J. — Icebox Cryotherapy, a rehabilitative physical therapy concept, has opened its flagship studio at Plaza at Short Hills in the Northern New Jersey community of East Rutherford. Dean Tselepis and Joe Brendel of Newmark represented Icebox Cryotherapy in the lease negotiations. Other tenants at the property include SoulCycle, Club Pilates, Kings Supermarket and Chase Bank. The name and representative of the landlord were not disclosed.
EAST POINT, GA. — Duke Realty’s Atlanta office has acquired a larger space at Camp Creek Business Center in East Point and signed a lease extension and expansion with Ashley Furniture Industries LLC, a current tenant at the park. Ashley Furniture will be the sole occupant of the 336,960-square-foot facility located at 4505 N. Commerce Drive. Jeff Maris of Ashley Furniture explained why the furniture company decided to move. “Four years ago, we found the space at Camp Creek Business Center and our needs were met. In 2020, as we experienced increased demand and company growth, Duke Realty was able to help us find additional space very quickly and with limited disruption,” said Maris. Duke Realty’s Camp Creek development in East Point is 98 percent leased to tenants including FedEx, Amazon, Dick’s Sporting Goods and The Home Depot. Duke Realty is an industrial-only property REIT based in Indianapolis.
NEW YORK CITY — Transit Wireless has signed a 32,499-square-foot office lease at 1400 Broadway in Manhattan. Michael Gottlieb, Susan Kahaner, Jennifer Ogden and Martin Cottingham of Avison Young represented the tenant, which is relocating to the 37-story building from 1350 Broadway, in the lease negotiations. Scott Klau, Erik Harris, and Neil Rubin of Newmark, along with internal agents Keith Cody and Shanae Ursini, represented the landlord, Empire State Realty Trust.
FORT WORTH, TEXAS — Newmark has negotiated a 257,500-square-foot industrial lease extension at 4900 Alliance Gateway in Fort Worth. Louis Pascuzzi, Jim Cooksey, Trace Elrod, Chris Mason, John Beach, Reggie Beavan III, Andy Iversen, David Creiner, Brad Mason and Jack Brewer of Newmark represented the tenant, Ed Tucker Distributor Inc., in the lease negotiations.
EDWARDS, COLO. — Avison Young Capital Markets has arranged the sale-leaseback of All Points North Lodge, a comprehensive wellness and treatment campus in Edwards, approximately 20 minutes west of Vail. WC Acquisition Holdings LLC acquired the asset from All Points North Lodge (APN Lodge) for $57 million. The seller will lease back the building as part of a long-term deal. Opened in March 2020, the 77,000-square-foot facility offers addiction and mental health treatments, trauma therapy, crisis management, coaching and personal development workshops, concierge medicine, athletic performance programs and advanced practices and activities. The patient-centered facility recently underwent a $20 million improvements program. Jonathan Hipp, Richard Murphy, Stan Wyrwicz and Rich Egitto of Avison Young Capital Markets represented the seller in the deal.
ELGIN, ILL. — Conor Commercial Real Estate has completed the lease-up of Building Two at Northwest Pointe III in Elgin. Continental Packaging leased 48,360 square feet on the west side, while an undisclosed plastics company leased 137,522 square feet on the east side. Both companies will use the property for warehouse and office space. Ken Franzese and John Cassidy of Lee & Associates represented Conor in the lease transactions. Dan Benassi of Entre Commercial Realty represented the plastics company while Jimmy Kowalczyk and David Saad of CBRE represented Continental Packaging. The 163,080-square-foot Building One is still available. Northwest Pointe III is Conor’s third development within Northwest Corporate Park.
NEW YORK CITY — Art logistics company Maquette Fine Art Services has signed an industrial lease expansion at The Matsil Building in the Long Island City area of Queens. The company has committed to an additional 56,200 square feet to bring its total footprint to 150,910 square feet. Chris Pachios and Forrest Mas of North River Co., which owns the 282,350-square-foot property in a joint venture with North Colony Asset Management, negotiated the lease. The deal brings the building, which also houses tenants such as Ralph Lauren and Motorola, to full occupancy. Maquette also recently opened a new storage and operating facility in metro Boston.
MCKINNEY, TEXAS — Lee & Associates has negotiated two industrial leases totaling 91,992 square feet at McKinney Trade Center, an industrial development by ML Realty that is located on 24 acres in the northern Dallas suburb of McKinney. Blount Fine Foods Corp. preleased 28,212 square feet, and L&S Plumbing Partnership Ltd. preleased 63,780 square feet. Adam Graham and Ken Wesson of Lee & Associates represented ML Realty in both sets of lease negotiations. Brett Lewis of Lee & Associates represented Blount Fine Foods, and Kent Smith and Stephen Cooper of NAI Robert Lynn represented L&S Plumbing.
FORT LAUDERDALE, FLA. — GreenWise Market has opened a new location in Fort Lauderdale. The grocer occupies the ground floor of The Main Las Olas building on Southeast Third Avenue. The 27,758-square-foot store is the first GreenWise Market to be located in a multiuse high-rise. The owner of the tower is a joint venture between Fort Lauderdale-based Stiles Corp. and San Francisco-based Shorenstein Properties, according to South Florida Business Journal. GreenWise Market is a grocery concept owned and operated by Publix Super Markets. The new store is the eighth location in the United States and features health-conscious and gourmet foods, as well as vitamins, nutritional supplements, natural soaps and shampoos, meats, seafood, made-to-order meals and grab-and-go foods like sandwiches and pizza. The Fort Lauderdale GreenWise Market also features a mural by Steven Teller depicting a variety of tropical plants common to South Florida.
THE WOODLANDS, TEXAS — NAI Partners has negotiated a 16,000-square-foot office headquarters sublease for exploration firm Ring Energy at 1725 Hughes Landing Blvd. in The Woodlands, about 30 miles north of Houston. Charlie Neuhaus and Harry Holmes of NAI Partners represented the tenant, which is relocating from Midland, in the lease negotiations. Jerrod McQuain of JLL represented the sublandlord.