CHICAGO — Mag Mile Capital has opened its headquarters office in a new custom-built location in Chicago’s West Loop. The new office is located at 1141 W. Randolph St. within the Fulton Market district. It features a loft-style design with private rooftop access. Mag Mile celebrated the opening with an evening reception for its team, clients, partners and vendors in October. Mag Mile Capital, a full-service commercial real estate mortgage and investment banking firm, now has seven offices across the country. Rushi Shah serves as president and CEO.
YORK, PA. — ROCK Commercial Real Estate has negotiated a 19,000-square-foot industrial lease for Continental Paper Grading in York, located approximately 55 miles north of Baltimore. The space is located at 3635-3725 Board Road, a 152,700-square-foot industrial complex with 12 drive-in doors and 26 docks. The landlord is Fielder Enterprises. Ted Turnbull and Jason Turnbull of ROCK brokered the transaction.
NEW YORK CITY — Non-profit community development organization Westhab has a signed an 8,233-square-foot office lease at Union Crossing, a 275,000-square-foot office building in the Bronx. The eight-story building was formerly a warehouse, and following renovations earlier this year, now offers office, light industrial and ground-floor retail space. With a lease term of 10 years, Westhab is the building’s first tenant since the renovation and its space will be built out. Madison Realty Capital, The Bluestone Group, Altmark Group and Gali Management partnered with JRT Realty to lease Union Crossing.
CHERRY HILL, N.J. — NAI Mertz has negotiated a 3,600-square-foot office lease for third-party collection agency Grimley Financial in Cherry Hill, an eastern suburb of Philadelphia. The company will move from its previous location in Haddonfield to the new space within Cherry Hill Plaza, a 100,000-square-foot, Class A office building. Joe Riggs of NAI Mertz represented Grimley Financial in the lease negotiations. Markeim Chalmers Inc. represented the landlord.
CHICAGO — Fifield Cos. has signed leases with three restaurants and one retailer to occupy ground-floor space at its Logan Apartments in Chicago. Big Wig Tacos, Jersey Mike’s Subs, K-Fire Korean BBQ and Verizon will occupy a combined 6,800 square feet. Target previously leased 27,000 square feet at the new complex and will serve as the anchor retail tenant. The 220-unit Logan Apartments is slated to open in spring 2020. It is situated on the site of the former Mega Mall in the Logan Square neighborhood.
MORRISTOWN, N.J. — CBRE has negotiated a 16,970-square-foot office lease for insurance company NFP at Mount Kemble Corporate Center, a Class A office complex in Morristown, located approximately 30 miles west of New York City. The property, located at 350-360 Mount Kemble Ave., offers a cafeteria, fitness center, walking path and conference center. Daniel Casey and Greg Barkan of CBRE represented the landlord, a partnership between The Birch Group and Vision Properties, in the lease negotiations. Jeffrey Babikian and Conor Dolan of CBRE represented NFP.
BAYTOWN, TEXAS — JLL has negotiated a 67,427-square-foot industrial lease at Cedar Crossing Distribution Center in the eastern Houston metro of Baytown. According to LoopNet Inc., the property was built in 2014, spans 540,000 square feet and features 30-foot clear heights. Richard Quarles and David Holland of JLL represented the landlord, Mountain West, in the lease negotiations. The tenant was locally based firm Merih Cotton Corp.
NEW YORK CITY — Lee & Associates has negotiated a 5,600-square-foot retail lease for restaurant group Quality Branded on the ground floor of 2 Bank Street in Manhattan. Quality Branded owns and manages the Quality Meats, Quality Eats and Quality Italian Steakhouse restaurants. Brad Schwarz and James Ficelman of Lee & Associates represented the landlord in the lease negotiations. Taryn Brandes of Brand Urban represented Quality Branded.
IRVING, TEXAS — Connecticut-based IT consulting firm Gartner Inc. has signed a 54,920-square-foot office lease expansion at Las Colinas Connection 1 in Irving. According to LoopNet Inc., the property was built in 1999 and spans 231,681 square feet. Randy Cooper, Matt Heidelbaugh, Amber Roberts, Lou D’Avanzo and Andy May of Cushman & Wakefield represented the tenant in the lease negotiations. Sarah Hinkley of Thirty-Four Commercial and Joel Pustmueller of JLL represented the landlord, Piedmont Office Realty Trust.
DETROIT — H&M is set to open on Thursday, Nov. 21 in Detroit. Spanning approximately 25,000 square feet, the new location at Bedrock-owned 1505 Woodward Ave. will be among 18 other H&M stores throughout the state of Michigan. The fashion retailer will offer women’s, men’s and kids clothing in addition to accessories. Customers in line on opening day will have access to coupons. Approximately 20 employees will work at the store. Sweden-based H&M was the first global fashion company to launch in-store recycling of garments.