Leasing Activity

Knotel Signs 27,000 SF Office Lease in Manhattan

by Alex Patton September 17, 2019

NEW YORK CITY — Knotel, a New York-based flexible workspace provider, has signed a 27,000-square-foot lease at 240 West 35th Street, a 165,000-square-foot class A office building in Manhattan. The space will comprise the entire 7th, 8th and 18th floors of the property. Essential Design + Build will renovate the space with both open offices and closed meeting rooms. Knotel plans to move into the space in fall 2019. Colin Godwin and John Cinosky of Atco Brokerage Services represented the landlord, ATCO Properties & Management internally in the lease negotiations. Douglas Regal, Jamie Katcher and Sebastian Infante of Cushman & Wakefield represented Knotel.

September 17, 2019

Leasing Activity Midwest Ohio Retail

Makers Social to Join Tenant Lineup at River & Rich in Columbus, Ohio

by Kristin Harlow September 17, 2019

COLUMBUS, OHIO — Makers Social has joined the retail tenant lineup at River & Rich in the East Franklinton neighborhood of Columbus. The arts and crafts cocktail bar will occupy approximately 1,900 square feet. Guests will be able to choose from over 40 different projects to make while enjoying cocktails and local beers. Makers Social expects to open this winter. Casto owns River & Rich, a 230-unit apartment building that opened this summer. Designed with local art in mind, there are several murals within the project, which features 30,000 square feet of retail space. Roy G Biv, a nonprofit art gallery, is the marquee tenant at the property.

September 17, 2019

Leasing Activity Michigan Midwest Restaurant Retail

GPS Hospitality Opens 3,600 SF Burger King in Roseville, Michigan

by Kristin Harlow September 17, 2019

ROSEVILLE, MICH. — GPS Hospitality Inc. has opened a new Burger King restaurant at 26640 Gratiot Ave. in Roseville, just south of I-696. Burger King occupies approximately 3,600 square feet on a 1.3-acre site. Tjader Gerdom and Larry Siedell of Gerdom Realty & Investment represented GPS Hospitality in the lease transaction. Founded in 2012, GPS Hospitality is a Burger King, Pizza Hut and Popeyes franchisee, operating more than 475 restaurants.

September 17, 2019

Industrial Leasing Activity Texas

NAI Partners Negotiates 49,911 SF Industrial Lease in Houston

by Taylor Williams September 16, 2019

HOUSTON — NAI Partners has negotiated a 49,911-square-foot industrial leased at 3401 Navigation Blvd. in Houston for CRI Inc., a locally based furniture installation company. Michael Keegan and John Ferruzzo of NAI Partners represented the tenant in the lease negotiations. Bob Berry and Grant Hortenstine of Avison Young represented the landlord, Stonelake Capital Partners LLC.

September 16, 2019

Connecticut Industrial Leasing Activity Northeast

Angel Commercial Negotiates 76,000 SF Industrial Lease in Stratford, Connecticut

by Alex Patton September 13, 2019

STRATFORD, CONN. — Angel Commercial LLC has negotiated a 76,000-square-foot industrial lease in Stratford, located approximately 50 miles southwest of Hartford. The property features one drive-in door and three dock doors. The tenant, Unger Enterprises Inc., is a manufacturer of professional cleaning and maintenance tools. Brett Sherman of Angel Commercial represented Unger in the transaction. The landlord is Exeter Property Group.

September 13, 2019

Indiana Industrial Leasing Activity Midwest

Aerospace Firm Signs 56,592 SF Industrial Lease in Plainfield, Indiana

by Kristin Harlow September 12, 2019

PLAINFIELD, IND. — Aersopace firm Safran Nacelles Services Americas LLC has signed a 56,592-square-foot industrial lease at the Gateway V distribution center in Plainfield near the Indianapolis International Airport. HSA Commercial Real Estate owns the property, which is located at 845 Airtech Parkway. The firm, based in Paris, France, entered into a 10-year lease and plans to take occupancy in December after relocating from a smaller facility within the market. Terry Busch and Jared Scaringe of CBRE represented ownership in the lease transaction. Zak Mirkowski and Taylor Wood of Savills represented the tenant. Developed on a speculative basis, the 262,758-square-foot Gateway V features a clear height of 32 feet, 30 truck docks, four drive-in doors, 185 car parking stalls and 70 trailer positions. The facility is now 50 percent leased. LifeNet Health, a provider of transplant solutions, leased 68,175 square feet earlier this year.

September 12, 2019

Leasing Activity New York Northeast Office

JLL Negotiates 27,811 SF Office Lease in New York City

by Alex Patton September 12, 2019

NEW YORK CITY — JLL has negotiated a 27,811-square-foot office lease for Marquee Brands LLC at 330 West 34th. Street in New York City. Designed by Schulze & Weaver, the 682,000-square-foot building was completed in 1926. Mitchell Konsker, Alexander Chudnoff, Benjamin Bass and Harrison Potter of JLL represented Marquee in the transaction. Josh Glick and Jared Silverman represented the landlord, Vornado Realty Trust, in-house.

September 12, 2019

Leasing Activity New York Northeast Retail

The Feil Organization Leases 9,389 SF to Three Restaurants in New York City

by Alex Patton September 12, 2019

NEW YORK CITY — The Feil Organization has leased 9,389 square feet of retail space to three restaurants at 7 Penn Plaza, a 357,000-square-foot building in Manhattan. Sticky’s Finger Joint, Sweetgreen and Naya Express will join Starbucks and The Juice Shop on the ground floor of the building, with all three restaurants expecting to open within the next few months. Randall Briskin represented The Feil Organization internally in all three transactions. Jacqueline Klinger of The Shopping Center Group represented Sweetgreen, and Adam Langer of SRS Real Estate Partners represented Sticky’s Finger Joint and Naya Express.

September 12, 2019

Acquisitions Georgia Leasing Activity Office Southeast

Cobb Chamber Sells Headquarters Building in Atlanta, Will Move Office Near SunTrust Park

by Alex Tostado September 11, 2019

ATLANTA — The Cobb County Chamber of Commerce has sold its headquarters building located at 240 Interstate N. Parkway in Atlanta to Pope & Land for an undisclosed price. The Cobb Chamber and other tenants, including the Cumberland Community Improvement District and Cobb Community Foundation, will relocate to the 10th floor of 1100 Circle 75, where they will occupy 17,517 square feet of office space by early 2020. SK Commercial Realty is the owner and landlord.The new office space is located across from The Battery Atlanta and SunTrust Park, home to Major League Baseball’s Atlanta Braves. The new space will feature meeting rooms, event spaces, modern workspaces, huddle rooms to foster collaboration and a bistro-style break room. Chad Koenig and Trey Dove of Cushman & Wakefield represented Cobb Chamber in the lease negotiations, and Andrew Walker of Colliers International represented the on the sale of its former headquarters building. Rule Joy Trammell + Rubio will serve as the architectural design firm and Darden will serve as project manager of building out the space. Choate Construction will serve as the general contractor. Turnerboone is the project’s furnishings vendor, and Unified Technology Systems is providing the audio-visual design and installation.

September 11, 2019

Leasing Activity Midwest Missouri Office

Digital Marketing Agency Signs 10,000 SF Office Lease in Clayton, Missouri

by Kristin Harlow September 11, 2019

CLAYTON, MO. — Anvil Analytics + Insights, a branding and digital marketing agency, has signed a multi-year lease to occupy 10,000 square feet at 7730 Carondelet in Clayton. The new space more than doubles the size of the agency’s previous location in Chesterfield. Anvil expects to occupy the new space beginning this month. Blaise Tomazic of JLL represented the tenant in the lease transaction. The landlord was not disclosed.

September 11, 2019

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