LINCOLNSHIRE, ILL. — Melinta Therapeutics, an antibiotics company, has signed a four-year office lease renewal at Tri State International in Lincolnshire. The company occupies 8,876 square feet on the second floor. Dan Fernitz, Matt Alexander and Milan Gacanovic of Bradford Allen represented ownership in the lease transaction. Henry Lee and Max Zwolan of JLL represented the tenant.
Leasing Activity
FORT WAYNE, IND. — Waterfield Capital LLC has renewed its 4,030-square-foot office lease at 7221 Engle Road in Fort Wayne. The investment company occupies space at 7221 Engle Road. Brady Gardner and Kevin Ellis of Sturges Property Group represented both the tenant and the landlord, Midwestern Office Park Acquisition LLC, in the lease transaction.
DALLAS — Elite Mattress LLC has inked a 40,485-square-foot industrial lease renewal at 5200 E. Grand Ave., located in eastern Dallas. Canon Shoults and Josh Barnes of Holt Lunsford Commercial represented the landlord, Holt Lunsford Commercial Investments, in the lease negotiations. The representative of the tenant was not disclosed.
FRISCO, TEXAS — Premier Health Solutions, a provider of administration and management services to the healthcare industry, has signed a 17,350-square-foot office lease at Hall Office Park in the northern Dallas suburb of Frisco. Clay Vaughn and Preston Lynn of CBRE represented the tenant in the lease negotiations. Brad Gibson and Kim Butler of Hall Financial represented the landlord on an internal basis. The 162-acre Hall Office Park features more than 2.5 million square feet of office space and amenities such as multiple restaurants and food trucks, a fitness center, bank branch, car care center, wine lounge and event room.
Community Health Resources Signs 11,060 SF Office Lease Building in Willimantic, Connecticut
by Alex Patton
WILLIMANTIC, CONN. — Nonprofit healthcare provider Community Health Resources (CHR) has signed an 11,060-square-foot office lease for an entire single-tenant building in Willimantic, located approximately 25 miles east of Hartford. The property is located at 1310 Main St. in the Tyler Square retail center. CHR offers a range of behavioral healthcare services pertaining to mental illness, addictions, trauma and homelessness. Bob Pagani of Colliers International represented CHR in the lease negotiations. Ron Lyman of Lyman Real Estate represented the landlord, Norwich Realty Inc.
COPPELL, TEXAS — CBRE has negotiated a 152,274-square-foot industrial lease renewal at 200 Northpoint Drive in Coppell, located near DFW International Airport. According to LoopNet Inc., the property was built in 2006 and totals 549,848 square feet. Brian Gilchrist and Tim Vogds of CBRE represented the tenant, HVAC manufacturing firm Hart & Cooley, in the lease negotiations. The name and representative of the landlord were not disclosed.
FRISCO, TEXAS — Magellan Health, a Fortune 500 healthcare provider based in Phoenix, has signed an 8,000-square-foot lease at The Offices Two at Frisco Station on the northern outskirts of Dallas. VanTrust Real Estate developed the 210,000-square-foot speculative property, which now has more than a third of its space leased to healthcare providers. The building is 75 percent leased overall. VanTrust has begun preleasing The Offices Three at Frisco Station and expects to complete that project in early 2021.
PLAINFIELD, N.J. — Family Dollar has expanded its retail lease to 10,000 square feet in Plainfield, a southwestern suburb of New York City. The retailer previously leased 6,000 square feet in a building located at 227 E. Front St. and will expand by an additional 4,000 square feet into the adjacent former furniture store. Family Dollar also plans to remodel its original space. Danielle Brunelli and Pete Nicholson of R.J. Brunelli & Co. represented Family Dollar in the lease negotiations. The landlord was undisclosed.
R.J. Brunelli Negotiates 25,067 SF Retail Lease for Fitness Center in Yardville, New Jersey
by Alex Patton
YARDVILLE, N.J. — R.J. Brunelli & Co. has negotiated a 25,067-square-foot retail lease for fitness chain Jersey Strong in Yardville, a southeastern suburb of Trenton. The fitness center will be located within Dover Park Plaza, a 56,000-square-foot retail center at 1-23 Sunnybrae Blvd. Other tenants include a CVS pharmacy and several restaurants. Robert Kwiatkowski of R.J. Brunelli represented Jersey Strong in the lease negotiations. Danielle Brunelli and Peter Miller, also with R.J. Brunelli, represented the landlord.
DALLAS — Locally based firm HBL Towing & Recovery has signed a 121,105-square-foot industrial lease renewal at 5200 E. Grand Ave. in Dallas. Canon Shoults and Josh Barnes represented the landlord, Holt Lunsford Commercial Investments, on an internal basis. The representative of the tenant was not disclosed.