Leasing Activity

City of Tucker Signs 22,000 SF Lease to Consolidate City Hall, General Administration Services

by Alex Tostado April 1, 2020

TUCKER, GA. — The City of Tucker in metro Atlanta has signed a 22,000-square-foot lease at 1975 Lakeside Parkway to consolidate its City Hall and general administration services. The City has been operating in a 4,860-square-foot space since incorporating four years ago. Cresa Global Inc. represented the City in the lease negotiations, and Cresa’s project management team will build out the space. Construction is expected to begin in mid-April with an expected move-in date at the end of June. The new City Hall is situated 14 miles east of downtown Atlanta.

April 1, 2020

Industrial Leasing Activity New Jersey Northeast

MetroMultimedia Signs 18,000 SF Industrial Lease in Hackensack, New Jersey

by Alex Patton April 1, 2020

HACKENSACK, N.J. — Audiovisual technology company MetroMultimedia has signed an 18,000-square-foot industrial lease at 211 S. Newman St. in Hackensack, a northwestern suburb of New York City. The landlord, The Stro Companies, acquired the property in June 2019 and implemented a capital improvement plan that included upgrades to the roof, parking area, truck court, windows and façade, and also expanded the building’s loading capabilities. Andrew Somple, Scott Perkins and Justin Allessio of NAI James Hanson represented the landlord in the lease negotiations. MetroMultimedia was represented internally.

April 1, 2020

Leasing Activity Office Texas

NRG Energy Signs 24,555 SF Office Lease Renewal at Parkway Center in Plano

by Taylor Williams April 1, 2020

PLANO, TEXAS — NRG Energy, a nuclear electric power generation firm based in Houston and Princeton, New Jersey, has signed a 24,555-square-foot office lease renewal at Parkway Center III in the northern Dallas suburb of Plano. The 153,314-square-foot, Class A building offers a deli, conference centers and two structured garages. Kim Lyon and Scott Hobbs of Cushman & Wakefield represented NRG Energy in the lease negotiations. Matt Weiser of Stream Realty Partners represented the landlord.

April 1, 2020

Georgia Leasing Activity Retail Southeast

TSCG Arranges Retail Leases for Publix, Five Guys in Metro Atlanta

by Alex Tostado March 31, 2020

MARIETTA, GA. — TSCG has secured two leases for Publix and Five Guys Burger and Fries to join the retail lineup at East Cobb Crossing in Marietta. The new Publix store will span 37,395 square feet. and Five Guys will occupy an outparcel previously leased to Del Taco. The fast-casual hamburger chain is renovating the 2,478-square-foot building and expects to open later this year. Other tenants at East Cobb Crossing include Dick’s Sporting Goods, Party City, Ashley Furniture Homestore, Arby’s, Dog City Bakery and Capozzi’s NY Pizza. TSCG represented the landlord, East Cobb Crossing LLC, in the negotiations.

March 31, 2020

Industrial Leasing Activity Texas

Finial Group Arranges 42,979 SF Industrial Lease Renewal in Houston

by Taylor Williams March 30, 2020

HOUSTON — Locally based brokerage firm Finial Group has arranged a 42,979-square-foot industrial lease renewal at 15882 Diplomatic Plaza Drive in Houston for Elbi of America LP, a manufacturer of water storage, heating and treatment systems. Doc Perrier and Jack Parsons of Finial Group represented the tenant in the lease negotiations. Dayne Wunderlich of InSite Realty Partners LP represented the undisclosed landlord.

March 30, 2020

Leasing Activity New Jersey Northeast Office

Wolf Commercial Negotiates 3,400 SF Office Lease in Burlington, New Jersey

by Alex Patton March 30, 2020

BURLINGTON, N.J. — Wolf Commercial Real Estate (WCRE) has negotiated a 3,400-square-foot office lease for Innovative Life of New Jersey LLC in Burlington, a northeastern suburb of Philadelphia. The space is situated within Burlington Professional Campus, which is located at 1900 Mount Holly Road. The tenant is a regional division of Innovative Life Solutions Inc., a disability services organization based in the Washington, D.C., metro area. Ryan Barikian of WCRE represented the tenant in the lease negotiations. Barikian also represented the landlord and developer of the property, Zaman International Development LLC.

March 30, 2020

Leasing Activity Retail Southeast Virginia

Big Lots Signs 36,815 SF Lease to Anchor The Shops at England Run in Northern Virginia

by Alex Tostado March 27, 2020

FREDERICKSBURG, VA. — Big Lots has signed a lease to anchor The Shops at England Run, a retail center in Fredericksburg. The Big Lots store will span 36,815 square feet and is expected to open this fall. England Run is located at the intersection of Warrenton Road and Plantation Drive, 50 miles south of Washington, D.C. The landlord, MTH Management, has also signed leases with Goodwill, PNC, H&R Block, Taco Bell, Pancho Villa Mexican Restaurant and Skrimp Shack.

March 27, 2020

Healthcare Leasing Activity Texas

NAI Partners Arranges 48,400 SF Healthcare Build-to-Suit Lease in Metro Houston

by Taylor Williams March 27, 2020

PEARLAND, TEXAS — NAI Partners has arranged a 48,400-square-foot build-to-suit lease at 11200 Broadway St. in Pearland for HCA Houston Healthcare, which plans to open a Healthcare Center for Clinical Advancement at the site by early 2021. The healthcare provider has signed a long-term lease at the property, which will feature high-fidelity hospital simulation labs, connected classrooms and debriefing rooms where the health system’s nearly 7,000 nurses will receive ongoing clinical education and training. Griff Bandy and Joe Bright of NAI Partners represented HCA in the lease negotiations. A second HCA Healthcare Center for Clinical Advancement is planned for a location north of Houston.

March 27, 2020

Leasing Activity Michigan Midwest Retail

Two New Tenants to Open at West Oaks Shopping Center in Novi, Michigan

by Kristin Harlow March 27, 2020

NOVI, MICH. — Milan Laser and US Mattress will soon join the tenant lineup at West Oaks Shopping Center in Novi. Milan Laser will occupy the 1,624-square-foot space formerly home to GameStop. US Mattress will take the 2,600-square-foot space formerly occupied by Art Van Pure Sleep. Tjader Gerdom, Larry Siedell and Michael Murphy of Gerdom Realty & Investment represented the landlord, RPT Realty. West Oaks is located at I-96 and Novi Road, directly across the street from Twelve Oaks Mall.

March 27, 2020

Industrial Leasing Activity Texas

Holt Lunsford Negotiates 16,610 SF Industrial Lease Renewal in Lewisville, Texas

by Taylor Williams March 26, 2020

LEWISVILLE, TEXAS — Locally based brokerage firm Holt Lunsford Commercial has negotiated a 16,610-square-foot industrial lease renewal at 405 State Highway 121 Bypass in the northern Dallas suburb of Lewisville. Andrew Gilbert of Holt Lunsford represented the landlord in the lease negotiations. Jeff Boykin of Boykin Partners represented the tenant, healthcare solutions provider Careview Communications.

March 26, 2020

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