Leasing Activity

Sherwin Williams Signs 4,000 SF Retail Lease in Spring, Texas

by Taylor Williams August 31, 2020

SPRING, TEXAS — Sherwin Williams has signed a 4,000-square-foot retail lease at Harmony Commons Plaza, a newly built shopping center located in Spring, a northern suburb of Houston. The 11,207-square-foot center is located at the corner of Grand Parkway and Harmony Commons Drive. Tami Pearson of Waterman Steele represented Sherwin Williams, which expects to open in the fourth quarter, in the lease negotiations. Bob Conwell and Austen Baldridge of NewQuest Properties represented the landlord, B&B North American Investments LLC.

August 31, 2020

Leasing Activity New Jersey Northeast Retail

Madison Marquette to Handle Leasing of 383,000 SF Teterboro Landing Shopping Center in New Jersey

by Taylor Williams August 31, 2020

TETERBORO, N.J. — Madison Marquette has added Teterboro Landing, a 383,000-square-foot retail power center in Teterboro, about 20 miles northwest of New York City, to its leasing portfolio. The property was built in 2015 and was fully leased at the time of sale to tenants such as Panera Bread, BJ’s Brewhouse, Chick-fil-A, Habit Burger, European Wax and T-Mobile. BIT Teterboro Landing Shops Urban Renewal LLC owns the center.

August 31, 2020

Leasing Activity Midwest Office Ohio

Vanderlande Industries to Open Cincinnati Office in Governor’s Pointe Office Park

by Kristin Harlow August 31, 2020

MASON, OHIO — Vanderlande Industries has signed an office lease at Governor’s Pointe Office Park in Mason, about 25 miles northeast of Cincinnati. Amsterdam-based Vanderlande, a material handling and logistics automation company, will occupy the 4705 Duke Drive building beginning in October. The 141,000-square-foot building features a marketplace and break area on the first floor as well as outdoor seating and a walking trail. Scott Abernethy and Michelle Klingenberg of Cushman & Wakefield represented the landlord, Smith/Hallemann Partners. Jeff Bender and Seattle Stein of Cushman & Wakefield represented Vanderlande.

August 31, 2020

Acquisitions Illinois Industrial Leasing Activity Lee & Associates Midwest

Lee & Associates Negotiates Three Industrial Transactions in Chicago’s I-55 Corridor

by Kristin Harlow August 31, 2020

BOLINGBROOK AND WOODRIDGE, ILL. — Lee & Associates has negotiated three industrial transactions in Chicago’s I-55 corridor. In the first transaction, Tom Condon of Lee & Associates represented the buyer, Provender Partners, in the purchase of an 81,000-square-foot building located at 525 W. Crossroads Parkway in Bolingbrook. Vern Schultz of Colliers International represented the seller, West Liberty Foods. Second, Jeff Galante of Lee & Associates represented Champion Packaging in its 283,436-square-foot lease renewal and expansion at 2501 Internationale Parkway in Woodridge. Prologis owns the building. Last, Galante, along with colleagues Terry Grapenthin and Ryan Earley, represented owner Pritzker Realty Group on a 406,777-square-foot lease renewal at 555 Saint James Gate in Bolingbrook. The tenant was undisclosed.

August 31, 2020

Leasing Activity Midwest Retail Wisconsin

Caliber Collision Leases 9,071 SF in Fond du Lac, Wisconsin

by Kristin Harlow August 31, 2020

FOND DU LAC, WIS. — Caliber Collision has leased 9,071 square feet at 356 N. Peters Ave. in Fond du Lac, about 68 miles northwest of Milwaukee. The auto repair shop will occupy space at the former Forest Mall, which closed in January and is undergoing demolition. David Baker of Mid-America Real Estate-Wisconsin LLC represented the landlord, ATR Corinth Forest LLC. Tenant representation was undisclosed.

August 31, 2020

Leasing Activity Office Texas

HostGator Signs 38,582 SF Office Lease in Northwest Houston

by Taylor Williams August 28, 2020

HOUSTON — Web hosting firm HostGator has signed a 38,582-square-foot office lease at 5005 Mitchelldale St. in northwest Houston. According to LoopNet Inc., the property was built in 1981 and spans 75,900 square feet. Don Foster and Ed Prejean of JLL represented HostGator in the lease negotiations. Michelle Wogan and Paula Musa of Transwestern represented the landlord.

August 28, 2020

Leasing Activity Office Texas

Aviation Services Firm Signs 11,315 SF Office Lease in Irving

by Taylor Williams August 28, 2020

IRVING, TEXAS — G2 Secure Staff, which provides a range of services like cabin cleaning and customer support to the aviation industry, has signed a 11,315-square-foot office lease at Canal Centre, a 10-story office building located at 400 E. Las Colinas Blvd. in Irving. Lucas Kay, Garrett Gibbons Jr., Reggie Beavan III, Andy Iversen, Chris Mason, John Beach and Trace Elrod of Newmark Knight Frank represented the tenant in the lease negotiations. Sunwest Real Estate Group represented the landlord.

August 28, 2020

Leasing Activity New York Northeast Office

FTI Consulting Signs 120,720 SF Office Lease at 1166 Avenue of the Americas in Manhattan

by Taylor Williams August 27, 2020

NEW YORK CITY — FTI Consulting Inc., a publicly traded global advisory firm, has signed a 120,720-square-foot office lease at 1166 Avenue of the Americas in Manhattan. The company will occupy the 14th, 15th and 16th floors of the 1.6 million-square-foot building as its New York City headquarters. Paul Glickman, Jonathan Fanuzzi, Cynthia Wasserberger, Diana Biasotti and Jeffrey Sussman of JLL represented the landlord, Edward J. Minskoff Equities Inc., in the lease negotiations. Connor Faught, Brian Given, Sheena Gohil, Robert Gallucci and Jim Southard of Colliers International, along with in-house representatives Daniel Johnson and Chuck Cerria Jr., represented FTI Consulting. Trevor Adler and Ida Phair of law firm Stroock & Stroock & Lavan LLP advised the property owner in the transaction. Bruce Saber, Genta Stafaj and Samuel Grubner of DLA Piper LLP provided legal counsel to the tenant.

August 27, 2020

Leasing Activity Northeast Pennsylvania Retail

DSW Opens 15,616 SF Store at Fashion District Philadelphia

by Taylor Williams August 27, 2020

PHILADELPHIA — Designer Shoe Warehouse (DSW) has opened a 15,616-square-foot store at Fashion District Philadelphia, a shopping, dining and entertainment destination in the Center City neighborhood. DSW’s opening comes on the heels of the debuts of tenants such as Kate Spade Outlet and Industrious, as well as the re-openings of Candytopia and Wonderspaces. Pennsylvania Real Estate Investment Trust (PREIT) owns Fashion District Philadelphia.

August 27, 2020

Leasing Activity New York Northeast Office

CBRE Negotiates 12,900 SF Office Lease Expansion in Harrison, New York

by Taylor Williams August 27, 2020

HARRISON, N.Y. — CBRE has negotiated a 12,900-square-foot office lease expansion at 440 Mamaroneck Ave. in Harrison, located near the New York-Connecticut border. The tenant, Stillman Management Realty, renewed its 8,000-square-foot lease and committed to an additional 4,900 square feet. Bud Wiesenberg and Bob Caruso of CBRE represented the tenant in the lease negotiations. RPW Group owns the building.

August 27, 2020

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