NEW YORK CITY — KZA Realty Group has negotiated a 1,730-square-foot medical office lease for Compassionate Medical Practice in The Bronx. Located at 1776 Boston Road, the space is on the ground floor of the eight-story, 72-unit High Hawk apartment building, which features a total of 6,800 square feet of retail space. The lease term is 10 years. The property is located within walking distance of Crotona Park and offers convenient access to interstates 95 and 278.
Leasing Activity
MIAMI — Hong Kong-based Swire Properties, along with co-developers Whitman Family Development and Simon Property Group, has announced that five retailers are joining the tenant lineup at Brickell City Centre in Miami. Marabu, which recently opened its doors, is a Cuban-inspired restaurant headed by Cuban-American chef Alberto Cabrera. Opening in July are Indochino, a digitally native menswear suit retailer, and Est.33 Craft Brewery & Kitchen. Los Chinos, a Latino-Chinese fusion restaurant, will open later this summer. The restaurant will feature an after-hours speakeasy and outdoor patio space. Lastly, Lucid Motors, producer of electric cars, will open at the development this holiday season. Due to the COVID-19 pandemic, Brickell City Centre closed in March and reopened its doors May 22. The center includes a 500,000-square-foot, open-air shopping center; and five million square feet of office, residential and hotel space in Miami’s Brickell district.
Marketing Firm Nebo Signs 16,000 SF Office Lease Within The MET in Atlanta’s Adair Park District
by Alex Tostado
ATLANTA — Marketing firm Nebo has relocated its office headquarters to a 16,000-square-foot space within The MET Atlanta. The MET is a 1.1 million-square-foot space that features more than 150 tenants and is located at 680 Murphy Ave. in the city’s Adair Park neighborhood, two miles south of downtown Atlanta. Nebo, which was founded in 2004, moved into the new space June 1 on a 10-year lease. Nebo relocated from 1000 Marietta St., where it employed 100 workers. In the new space, Nebo expects to hire an additional 150 employees. The landlord, Atlanta-based Carter, acquired The MET in June 2018.
MOUNT OLIVE, N.J. — Cushman & Wakefield has negotiated a 102,839-square-foot industrial sublease for game publisher and manufacturer Breaking Games LLC in Mount Olive, located 50 miles west of New York City. The space is located within 200 International Drive, an approximately 217,500-square-foot industrial property that was constructed in 1984. The building features 24-foot clear heights, nine loading docks and approximately 6,000 square feet of office space. The property also offers convenient access to Interstate 80 and State Route 46. Stephen Sander of Cushman & Wakefield represented the sublandlord, Bosal USA, in the negotiations
JEFFERSONVILLE, IND. — Chicken Salad Chick is set to open its first restaurant in Indiana within the Louisville suburb of Jeffersonville. Located at 1520 Veterans Parkway, the restaurant is set to open on Tuesday, June 16. The first 100 guests will receive free chicken salad for a year. Chicken Salad Chick is following state guidelines for the coronavirus and will open the Jeffersonville restaurant at limited capacity with social distancing measures in place. The location features a drive-thru and outdoor seating. Karen and Jon Riddle of Derby City Chicks LLC are the new franchise owners.
MEDFORD, MASS. — Cresa has negotiated a 41,000-square-foot office lease for healthcare data collection company ERT in Medford, a northern suburb of Boston. The space is located within One Cabot Road, a 308,954-square-foot, Class A office building. The building features a 10,000-square-foot outdoor patio, fitness center and convenient access to the MBTA transit line. The lobby is undergoing renovations that will be complete this summer and will include a new coffee bar. ERT will move its office from Hood Park in Boston’s Charlestown neighborhood to One Cabot Road in January 2021. Jeff Baker and Matt George of Cresa represented ERT in the lease negotiations. Debra Gould, Rory Walsh and Juliette Reiter of Newmark Knight Frank represented the landlord, The Davis Companies.
DALLAS —Newmark Knight Frank (NKF) and E. Smith Advisors, a brokerage firm headed by former Cowboys running back Emmitt Smith, has secured a 50,000-square-foot office lease renewal at Campbell Centre in Dallas. John Wolf and Sara Fredericks of NKF represented the tenant, Istation, a provider of electronic education services, in the lease negotiations. The duo credited the Cowboys legend in facilitating their relationship with Istation, which is headquartered at the property. Haberman & Haberman owns Campbell Centre, a development that was built in 1978 and totals 322,382 square feet.
DALLAS — Stream Realty Partners has negotiated a 10,068-square-foot industrial lease renewal at Manana I-35 Business Center in northwest Dallas. The property is located at 10730-10768 N. Stemmons Freeway. Drew Feagin and Todd Poticny of Stream represented the landlord, DRA Advisors, in the lease negotiations. Whitebox Real Estate represented the tenant, Plant Interscapes Inc., a provider of plants and landscaping materials for office buildings.
PLAINFIELD, IND. — Mygrant Glass Co. has inked a 69,005-square-foot industrial lease at the newly built Gateway V distribution center located at 845 Airtech Parkway in Plainfield near the Indianapolis International Airport. California-based Mygrant is an independent distributor of auto glass. The company plans to move into the facility in the fourth quarter once interior improvements are completed. The 262,758-square-foot Gateway V, owned by HSA Commercial Real Estate, is now 75 percent leased. The other building tenants are Safran Nacelles and LifeNet. Developed on a speculative basis and delivered in 2019, Gateway V features a clear height of 32 feet, 30 truck docks, four drive-in doors, 185 car parking stalls and 70 trailer positions. Terry Busch and Jared Scaringe of CBRE represented ownership in the new lease. Michael Jeppesen of IPG Commercial and Michael Weishaar of Cushman & Wakefield represented Mygrant. HSA has developed six buildings totaling approximately 900,000 square feet at Gateway Business Park.
LENEXA, KAN. — DaVinci Roofscapes has signed a 66,883-square-foot industrial lease at 13900 W. 101st St. in Lenexa. The Lenexa-based company is a supplier of roofing and siding and is expanding its warehousing needs. Mike VanBuskirk, Chris Robertson, Seamus McLaughlin and Tommy Gentry of Newmark Grubb Zimmer negotiated the lease transaction. The 111,883-square-foot building is now fully leased. The landlord was undisclosed.