CROWLEY, TEXAS — Redline Athletics, which provides training and coaching services for a variety of sports, has signed a 21,000-square-foot retail lease at 320 E. Main St. in Crowley, a southern suburb of Fort Worth. Chris Flesner of RESOLUT RE, formerly known as Retail Solutions, represented Redline Athletics in the lease negotiations. Jon McDaniel of NAI Robert Lynn represented the undisclosed landlord.
OAKWOOD VILLAGE, OHIO — Nichols Paper & Supply Co. has signed a 45,000-square-foot industrial lease in Oakwood Village, a southern suburb of Cleveland. The paper company is relocating its Cleveland distribution center to Oakwood Village. David Hexter and Jeffrey Calig of NAI Pleasant Valley represented the tenant in the lease transaction. The landlord was not disclosed.
PARK RIDGE, N.J. — NAI James Hanson has negotiated a 12,015-square-foot office lease renewal for Amica Mutual Insurance Co. in Park Ridge, a northwestern suburb of New York City. The space is located at One Maynard Drive, a three-story, 139,000-square-foot office building. Amica Mutual has been a tenant at the Class A building for nearly 20 years. The property is located near a fitness center and several retail centers, including the Wegmans-anchored Shoppes at Depiero Farm shopping center. Andrew Somple, Justin Allessio and Judy Troiano of NAI James Hanson represented the landlord, Sartak Holdings Inc., in the lease negotiations
STRATFORD, CONN. — Tapestry TeleHealth, a technology company that provides onsite and virtual healthcare to rural nursing facilities, has signed a 2,873-square-foot office lease in Stratford. The space is located at Merritt 8 Corporate Park, a 174,000-square-foot office complex. Yale New Haven Health Systems is the anchor tenant of the building. Randy Vidal of Vidal/Wettenstein LLC represented Tapestry TeleHealth in the lease negotiations. The landlord is a partnership of Merritt 8 Owner LLC and C/O Mountain Development Corp.
SUMTER, S.C. — Colliers International has arranged the $13.9 million sale of a triple-net leased, Walmart Neighborhood Market-occupied property in Sumter. Hutton Development developed and sold the 41,990-square-foot building, which is situated at 343 Pinewood Road, three miles south of downtown Sumter and 40 miles east of downtown Columbia. Walmart signed a new 13-year lease with the new owner, an undisclosed private investor based in Florida completing a 1031 exchange. Jereme Snyder of Colliers represented the seller in the transaction.
IRVING, TEXAS — Holt Lunsford Commercial has negotiated a 15,885-square-foot industrial lease at 2833 W. Airport Freeway in Irving. Canon Shoults and Maddy Canty of Holt Lunsford represented the landlord, Sealy Capital Management, in the lease negotiations. Todd Hubbard of NAI Robert Lynn represented the tenant, temperature-controlled logistics firm SCL Cold Chain.
EASTON, PA. — Domino’s Pizza has signed a 1,300-square-foot retail lease in Easton, approximately 70 miles north of Philadelphia. Located at 3011 William Penn Highway in William Penn Plaza shopping center, the retail space has been vacant for the last four years. Other tenants include Weis Supermarket, GameStop and several other retail businesses and restaurants. The new lease for the 1,300-square-foot space carries a 10-year initial term. The opening is slated for late spring or early summer 2020, in accordance with timelines established by the state regarding COVID-19. Seth Lacey and Scott Horner of Colliers International represented the landlord in the lease negotiations.
LENEXA, KAN. — Oak River Farms is moving its headquarters from Louisiana to The District at City Center Lenexa. The agribusiness will occupy 4,595 square feet on the fourth floor of Penn II beginning this summer. Founded in 2016, Oak River Farms works within farming, land management and onsite storage of grain. Travis Gage of CBRE represented the tenant in the lease transaction. John Coe and Ryan Biery of Copaken Brooks represented ownership, Copaken Brooks. When fully developed, City Center Lenexa 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.
SILVERDALE, WASH. — Sprouts Farmers Market, a Phoenix-based natural foods grocery, has opened a new store at 11066 Pacific Crest Place NW in Silverdale, about 33 miles west of Seattle. The Silverdale location will be the third Sprouts in Washington and will operate from 7 a.m. to 8 p.m. daily, in line with the grocer’s adjusted hours during the COVID-19 pandemic. The new Sprouts will feature a large produce section, deli, fresh sushi, olive bar, sandwich bar, salad bar and beer and wine. The new store will be the grocery anchor of Trails at Silverdale, a 200,000-square-foot shopping center housing tenants including HomeGoods, Ulta Beauty, Old Navy, Verizon Wireless, Sierra Trading Post, Sleep Number, Total Wine, Carter’s/OshKosh, DSW, MOD Pizza, Jersey Mike’s, Chipotle Mexican Grill, Habit Burger and Marshalls. El Segundo, Calif.-based CenterCal Properties LLC is the owner of the 30-acre shopping center. Sprouts employs more than 30,000 team members and operates over 340 stores in 23 states. According to its website, Sprouts is looking to fill approximately 2,000 roles across its network of stores, distribution centers and support offices.
BRIDGEWATER, N.J. — Pharmaceutical company PTC Therapeutics has signed a 101,500-square-foot office lease in Bridgewater, located approximately 50 miles west of New York City. The company signed a long-term lease to occupy three floors at The New Jersey Center of Excellence, an 800,000-square-foot life sciences and laboratory office complex. Amenities at the center include a cafeteria, fitness center and conference center. Other tenants include Kashiv Pharma LLC, Nestlé Health Science and Ashland Global. Dan Loughlin led a JLL team that represented the landlord, Thor Equities, in the lease negotiations.