Leasing Activity

NEW YORK CITY — Tech company Monacle Vision Inc. has signed a 10-year, 2,000-square-foot office lease at 268 Metropolitan Ave. in the Williamsburg neighborhood of Brooklyn. The company will use the new space as a coworking office aimed at tech companies and ventures. Monocle Vision Inc. creates image capturing solutions for commercial retail use and will continue to provide this service from its Manhattan office. Moshe Akiva led the Tri State Commercial Realty team that represented Monocle Vision Inc. in the lease negotiations. Tri State Commercial represented the landlord, All Year Management.

FacebookTwitterLinkedinEmail

CHICAGO – Huron has renewed its 134,000-square-foot headquarters lease in Union Tower located at 550 W. Van Buren St. in Chicago. Colliers International’s David Burden and Michael Marrion represented Huron in the lease negotiations, and Cushman & Wakefield represented the building landlord, Onni Group. Huron is a global management consulting company offering services to the healthcare, higher education, life sciences and commercial industries. Onni Group owns the 17-story, 332,000-square-foot office building and has aided Huron in its tenant improvements as well as agreeing to additional upgrades to common areas of the building. The building is currently undergoing renovations to its fitness center and tenant lounge, with expected completion by the end of the year.

FacebookTwitterLinkedinEmail

CRANBURY, N.J. — Cushman & Wakefield has negotiated a 233,000-square-foot industrial lease for pharmaceutical manufacturer CMIC CMO USA in Cranbury, a northeastern suburb of Trenton. The company will be the sole occupant of the facility, which was previously leased to Sun Pharmaceutical and will retain much of the same research and manufacturing equipment. Shawn Straka, Chuck Fern, Todd Elfand, Jason Barton, Thomas Tucci, Stephen Shoemaker, Paul Giannone, Kevin Carton, Jaclyn Marques, Elizabeth Rouse and Joseph Vacca of Cushman & Wakefield represented the tenant in the lease negotiations. Gary Hans of Matrix Development represented the landlord, which was undisclosed.

FacebookTwitterLinkedinEmail

GLEN ROCK, N.J. — Glen Rock Pediatric Dentistry LLC has signed a 2,300-square-foot office lease in Glen Rock, a northwestern suburb of New York City. The practice will occupy a corner suite of 201 Rock Road, a 30,000-square-foot building leased to a mix of medical, retail and office users. Randy Horning and Darren Lizzack of NAI James Hanson represented the landlord, 201 Glen Rock Road LLC, in the lease negotiations. Joe Lobardi and John Masserano of Masserano Real Estate & Consulting LLC represented the tenant.

FacebookTwitterLinkedinEmail

ITASCA, ILL. — Keyence Corp. has signed an industrial lease for 80,849 square feet at Building II in Bridge Point Itasca, a three-building industrial campus currently under development in Itasca. Keyence, a manufacturer of automation sensors, barcode readers, measuring instruments and digital microscopes, is the first tenant to sign a lease at the 741,621-square-foot project. Bridge Development Partners is the landlord. Keyence is slated to take occupancy in the third quarter of 2020. Building II, spanning 247,176 square feet, will feature a clear height of 32 feet, 34 exterior docks, two drive-in doors and parking for 234 cars. Chris Nelson and Jeffrey Janda of Lee & Associates represented Bridge in the lease transaction. David Haigh of NAI Hiffman and Mike Nicholson of Acclaim Group represented Keyence.

FacebookTwitterLinkedinEmail

DOWNERS GROVE, ILL. — Crown Castle has leased 48,000 square feet of office space at Highland Landmark II in Downers Grove. The provider of communications infrastructure is consolidating all five of its Chicago-area locations into the new space. Highland Landmark II, located at 3025 Highland Parkway, is a 284,000-square-foot building within a 42-acre office park. Amenities include a deli, conference center and fitness center. David Burden, Tom Berarducci and Jay Kyle of Colliers International represented Crown Castle in the lease transaction. Jeff Shay and Karla Harmon of JLL represented the building owner, James Campbell Co.

FacebookTwitterLinkedinEmail

LEWISVILLE, TEXAS — Paint manufacturer and retailer Benjamin Moore has opened its 238,00-square-foot distribution center at 121 Lakepointe Crossing in the northern Dallas suburb of Lewisville. The company is relocating its local distribution operations from a 70,000-square-foot facility in Mesquite, a property that will continue to serve as a manufacturing plant. The company moved into its new space earlier this month. Mark Collins, Dean Collins and Bill Brown of Cushman & Wakefield represented Benjamin Moore in its site selection and lease negotiations.

FacebookTwitterLinkedinEmail
mccarthy-bristol-pa

BRISTOL, PA. — Pennsylvania-based McCarthy Tire Service has signed a 48,485-square-foot retail lease in Bristol, a southern suburb of Trenton. McCarthy offers tire sales, repair and 24-hour roadside assistance for commercial trucks. The company will use the new location to consolidate its Bensalem and Philadelphia stores. Sean Durkin of Roddy Inc. represented McCarthy in the lease negotiations. John Bown III represented the landlord, Industrial Investments Inc., in-house.

FacebookTwitterLinkedinEmail

HOUSTON — The Toasted Yolk Café, a breakfast eatery founded in 2010, will open three new restaurants in the Houston area in early 2020, raising its total store count to 14. The company will open restaurants at Westmont Shopping Center in Beaumont, The Shoppes of Cypress Mill in Cypress and The Crossing at Katy Fulshear in Katy during the first two months of the new year. Paul Vernon and Campbell Vise of Henry S. Miller represented Toasted Yolk Café in the lease negotiations. Following these openings, the restaurant will have 14 locations throughout the Houston area.

FacebookTwitterLinkedinEmail

GRAND RAPIDS, MICH. — Galactic Toys & Collectibles has opened its second location at 4174 Alpine Ave. NW in the Comstock Park area of Grand Rapids. The store spans 3,862 square feet. The Grand Rapids-based retailer’s first location is on 28th Street near Woodland Mall. Galactic sells toys, board games, action figures and other collectibles. Jon Greenen of Colliers International handled leasing on behalf of Galactic.

FacebookTwitterLinkedinEmail