NEW YORK CITY — Interactive Brokers Group has signed a 22,916-square-foot office lease expansion at 1133 Avenue of the Americas in Midtown Manhattan. The provider of automated brokerage services for securities trading is taking an additional 5,976 square feet on the 36th floor of the 45-story, 1.1 million-square-foot building. Tim Dempsey, Roger Griswold and Chris Hogan of CBRE represented the tenant in the lease negotiations. Tom Bow, Rocco Romeo and Nora Caliban represented the landlord, The Durst Organization, on an internal basis.
LANGHORNE, PA. — Locally based brokerage firm Roddy Inc. has negotiated a 20,160-square-foot industrial lease at 181 Wheeler Court in Langhorne, a northeastern suburb of Philadelphia. The 100,055-square-foot building sits on 7.4 acres near I-95, the Pennsylvania Turnpike and the New Jersey Turnpike. Sean Durkin of Roddy Inc. represented the tenant, Vintage Imports, in the lease negotiations. Andrew McGhee of Colliers represented the landlord, an affiliate of Los Angeles-based Ares Management Corp.
NEW YORK CITY — Newmark has arranged an 11,232-square-foot office lease at 461 Fifth Avenue in Midtown Manhattan. Designed by Skidmore, Owings & Merrill and completed in 1988, the building rises 28 stories and totals roughly 200,000 square feet. The lease term is 10 years, and the space spans the entire sixth floor. Brian Waterman, Scott Klau, David Waterman and Kevin Sullivan of Newmark represented the landlord, SL Green, in the lease negotiations. Ron LoRusso, Harley Dalton and Samantha Perlman of Cushman & Wakefield represented the tenant, investment management firm Lingotto US.
PROVO, UTAH — Target has signed a deal to occupy 135,000 square feet of retail space at Provo Towne Centre in Provo. Brixton Capital is currently remodeling the shopping center. The Target will include CVS/pharmacy, Starbucks Coffee, Ulta Beauty, Target Optical and an adult beverage department. Greely, Colo.-based Roche Construction Mountain West is the general contractor for Target, while Big D Construction Mountain West is the general contractor for Provo Towne Centre.
WESTLAKE, TEXAS — ECI Software Solutions has signed a 25,468-square-foot office lease in the North Texas city of Westlake The space is located within The Terraces, an eight-building, 1.1 million-square-foot development that was originally constructed as a campus for IBM and underwent a $25 million repositioning in 2021. Jeff Eckert of JLL represented the landlord, Chicago-based Glenstar, in the lease negotiations. Stephen Rury of Colliers represented the tenant.
FORT WORTH, TEXAS — Locally based brokerage firm Holt Lunsford Commercial has negotiated a 12,000-square-foot industrial lease renewal at Riverbend Business Park in northeast Fort Worth. The development comprises 1.4 million square feet across 32 buildings. William Wilson and George Jennings of Holt Lunsford represented the landlord, Riverbend Properties, in the lease negotiations. The tenant was steel fabricator Patriot Erectors.
ELGIN, ILL. — The Junkluggers of Chicago NW Suburbs has signed a 12,250-square-foot industrial lease at 425 Airport Road in Elgin. The junk removal, recycling and reuse business is expanding and relocating from another space in Elgin. The front quarter of the building is set up as a showroom, which The Junkluggers will utilize for its resale business, ReMix Market. Chris Mergenthaler of DarwinPW Realty/CORFAC International represented the tenant, while Don Meyer of Showplace Realty represented the private landlord.
LOUISVILLE, KY. — CBRE has opened its new 8,600-square-foot office on the fifth floor of Ormsby III, an office building located at 10200 Forest Green Blvd. in Louisville. The firm is relocating from One Paragon Centre at 6060 Dutchmans Lane. The new office is part of CBRE’s Workplace 360 program and showcases spaces that are designed to accommodate hybrid working, thus no desks are assigned. Teams are assigned to various neighborhood work areas where CBRE team members can work in any unoccupied space. The office has several different work areas including focus, huddle and conference rooms, as well as a library space with banquette seating. There is also a wellness room and an open-space lobby known as The Heart that features a large communal table, a digital media display with speakers near the entrance and a café for employees and guests. CBRE Design Collective designed the new Louisville office, which also features nods to the city’s history with Louisville Slugger bats decorating the conference room and aesthetic nods to the bourbon industry.
FORT WORTH, TEXAS — Restoration 1, which provides solutions for properties damaged by water, fire or mold, has signed a 10,060-square-foot industrial lease in North Fort Worth. The building at 13019 Harmon Road comprises six suites and features 25-foot clear heights. Jen Martin of TX Business Parks represented the landlord, an entity doing business as Harmon Condos LLC, in the lease negotiations. Richard Hitz of Bradford Commercial Real Estate Services represented the tenant.
ELGIN, ILL. — Sunset Healthcare Solutions has signed a 54,153-square-foot industrial lease at 2725 Alft Lane in Elgin. The lease brings the 108,307-square-foot building to full occupancy. Kenneth Franzese and John Cassidy of Lee & Associates represented the landlord, a private partnership. David Haigh of NAI Hiffman represented Sunset Healthcare Solutions, which is a national manufacturer and distributor of medical respiratory equipment for hospitals and private homes. The company is relocating from Bloomingdale.