Leasing Activity

EDWARDSVILLE, ILL. — FedEx Supply Chain has leased 769,500 square feet of industrial space at Lakeview Commerce Center in Edwardsville near St. Louis. FedEx will occupy the entirety of Lakeview V, which is located at 3919 Lakeview Corporate Drive. The lease brings FedEx’s total footprint in the area to more than 2 million square feet. Brian Kelley and Timothy Convy of Avison Young and Fischer & Co. represented FedEx in the lease. CBRE represented the owner, Panattoni Development.

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CHICAGO — Codal, a digital development and consulting firm, has signed a 15,972-square-foot office lease at Chicago’s Old Post Office development. Relocating from 11 E. Hubbard St., the company is expanding by approximately 10,000 square feet and expects to take occupancy of its new space this summer. The firm currently has 50 employees and says it will more than double that headcount over the next few years. Eastlake Studio designed the space. Brad Serot and Tony Coglianese of CBRE represented Codal in the lease. Dan Heckman and Matt Whipple of Telos Group represented ownership.

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LENEXA, KAN. — Centralized Supply Chain Services (CSCS) has joined the tenant lineup at The District at Lenexa City Center in Lenexa. Copaken Brooks is the owner and developer of the mixed-use development. CSCS is relocating from 8140 Ward Parkway to the second and third floors of Penn II, leasing approximately 6,500 square feet of office space. CSCS is a restaurant supply chain company and the exclusive purchasing agent for the Applebee’s and IHOP brands. Headquartered in Kansas City with an office in Glendale, Calif., the company provides procurement, inventory and distribution services for its clients. When fully developed, Lenexa City Center will consist of more than 2 million square feet, including civic components for the City of Lenexa, nearly 1 million square feet of office and retail space, and 375 residential units.

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Indeed-Tower-Austin

AUSTIN, TEXAS — Law firm Vinson & Elkins has signed a 50,273-square-foot office lease at Indeed Tower, a 673,000-square-foot office building under construction at 200 W. Sixth St. in downtown Austin. A joint venture between Trammell Crow Co. and Principal Real Estate Investors is developing the 36-story building, which is expected to be complete this summer. The law firm’s lease covers the entire 25h floor and part of the 26th floor.

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AUSTIN, TEXAS — Cushman & Wakefield has negotiated a 19,601-square-foot office lease at Uplands Corporate Center in South Austin. Matt Frizzell and Kevin Granger of Cushman & Wakefield represented the landlord, San Francisco-based Drawbridge Realty, in the lease negotiations. The tenant, North Carolina-based engineering firm Kimley-Horn, will occupy part of a 124,080-square-foot building that is under construction and represents the second phase of the development.

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CAMDEN, N.J. — Dependable Distribution Services, the largest cocoa bean storage company in North America, has signed a 71,445-square-foot industrial lease at 1120 Ferry Ave. in Camden, located near Philadelphia in Southern New Jersey. Marc Isdaner and Richard Gorodesky of Colliers International represented the tenant in the negotiations for the full-building lease. Ian Richman, also with Colliers, represented the undisclosed landlord.

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DALLAS — Apollo Retail Specialists has signed a 40,000-square-foot office lease at 1100 N. 28th Ave. in Dallas near Dallas-Fort Worth International Airport. David Creiner, Frank Puskarich and Louis Pascuzzi of Newmark represented the tenant in the lease negotiations. CBRE represented the landlord, LIT Finance III LLC. Apollo Retail Specialists is a Florida-based firm that specializes in fixture install, merchandising resets, store remodels and other services for retailers.

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ROUND ROCK, TEXAS — NAI Partners has negotiated a 12,946-square-foot retail lease at The Triangle Center, located at 2000 Mays St. N. in the northern Austin suburb of Round Rock. Joe DeCola of NAI Partners represented the undisclosed landlord in the lease negotiations. The tenant was Genuine Parts Co., a replacement automotive parts retailer headquartered in Atlanta.

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1130-Commerce-Blvd.-Conshohocken-Pennsylvania

CONSHOHOCKEN, PA. — Green Chef, a meal kit provider that was acquired by HelloFresh in 2018, has signed a 170,160-square-foot industrial lease renewal and expansion in Conshohocken, a northern suburb of Philadelphia. The company’s expanded space is located at 1130 Commerce Blvd., a 386,026-square-foot, cross-dock distribution center that is owned by Indianapolis-based Duke Realty. Dennis Someck and Justin Myers of Lee & Associates represented Green Chef in the lease negotiations. Scott Henderson represented Duke Realty on an internal basis.

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BOLINGBROOK, ILL. — Apparel retailer AKIRA has signed a long-term lease for a 352,338-square-foot warehouse located at 150 E. Crossroads Parkway in Bolingbrook. AKIRA will use the space for warehouse, fulfillment and e-commerce operations, while its office and headquarters will remain in Chicago. The facility features a clear height of 30 feet and 46 exterior loading docks. It is situated less than one mile from I-55. Noel Liston and Nick Krejci of Darwin Realty/CORFAC International represented AKIRA in the lease transaction and worked with the retailer on the consolidation of several warehouses. Keith Stauber and Steve Ostrowski of JLL represented building ownership.

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