MILWAUKEE — Ross Innovative Employment Solutions (IES) has relocated from northwest Milwaukee to 7800 W. Brown Deer Road in Milwaukee. The 40,282-square-foot space will serve as the workforce development company’s new Milwaukee office. The building has been vacant since 2017 when Monster.com relocated downtown. Founded in the 1970s, Ross IES partners with state and local agencies to design and implement job readiness and workforce development programs. Ben Anderson and Jim Larkin of Colliers International represented Ross IES in the lease transaction. Mike Wanezek and Joe Moritz of Colliers represented the landlord, Hudson Americas.
Leasing Activity
LIBERTYVILLE, ILL. — Medline has unveiled plans to open a 140,000-square-foot sales support center in Libertyville, a northern suburb of Chicago. The company will consolidate nearly a dozen teams totaling 600 employees at the center, which will be the seventh Medline facility in Lake County. Most of the employees will be relocating from the company’s Northfield headquarters or its Mundelein business campus. Both locations have reached capacity. In the last three years, Medline has increased its Chicago-area jobs by 34 percent. Medline provides clinical and supply chain resources to healthcare systems and independent facilities across the continuum of care.
NEW YORK CITY — Investment advisory firm Neville, Rodie & Shaw Inc. (NRS) has signed a 10-year office lease extension for its 7,300-square-foot space at 200 Madison Avenue in the Grand Central neighborhood of Manhattan. NRS will remain in its space on the 20th floor of the 26-story building, which it has occupied for more than 30 years, through 2031. NRS was represented internally in the lease negotiations. Andrew Conrad and Matt Coudert represented the building owner, a partnership of George Comfort & Sons, Loeb Partners Realty and Jamestown, also on an internal basis.
BOSTON — Tango Therapeutics, a biotechnology company that develops treatments for cancer patients, has signed a 65,000-square-foot office lease in the Fenway neighborhood of Boston. Tango will move its headquarters to 201 Brookline Avenue, a 500,000-square-foot, Class A lab and office building that is currently under construction and slated for completion later this year. Local developer Samuels & Associates owns the property. Jon Varholak, Eric Smith and McKenna Teague of CBRE represented Tango in the lease negotiations.
SAN ANTONIO — EVO Entertainment, an entertainment retail concept that combines bowling, movies, games, food and beverages, will open an 80,000-square-foot venue at Escala in San Antonio. The center will feature 10 movie screens, 12 bowling lanes, a restaurant and bar, arcade and virtual reality games, a ropes course and private event space. Metro Dallas-based N3 Real Estate is the developer of Escala, a shopping center located at the intersection of State Highway 151 and Military Drive on the city’s northwest side. The venue will be the seventh for EVO, which primarily operates in Central Texas, and is scheduled to open in January 2021.
FRISCO, TEXAS — Addus HomeCare, a provider of comprehensive home caregiving and support services, has signed a 75,000-square-foot lease at The Offices Two at Frisco Station, located north of Dallas, for its new headquarters. The company will relocate from its current 31,000-square-foot space to the 210,000-square-foot building, which is located within the 242-acre Frisco Station mixed-use development, this fall. The developer, VanTrust Real Estate, is currently preleasing a third office building at the site that is expected to be complete in early 2021.
MIAMI GARDENS, FLA. — Bridge Development Partners has signed HapCor, a grocer in the Caribbean and Latin America, to a 114,808-square-foot industrial lease within Bridge Point Commerce Center in Miami Gardens. Phase I of the industrial park was delivered in late 2019 and includes three buildings spanning 1.1 million square feet. The buildings feature 32-foot clear heights and are divisible by 40,000 square feet. At full build-out, the property will comprise 2.1 million square feet. The asset is situated on 185 acres at 3900 NW 215th St., 20 miles from both Miami International Airport and Fort Lauderdale-Hollywood International Airport. Tom O’Loughlin and David Albert of CBRE represented the landlord in the lease transaction. Tom Viscount and Wayne Schuchts of Avison Young represented the tenant.
SCHAUMBURG, ILL. — Misumi USA has signed a 47,716-square-foot office lease at Schaumburg Corporate Center in Schaumburg. Located adjacent to Woodfield Mall, the property is a 1 million-square-foot, three-building office complex. Glenstar, which acquired the asset in 2017, has completed $30 million in property improvements, including a new parking garage and conference center as well as renovations to the atrium, fitness center, elevators, bathrooms, lobbies and entrances. Founded in 1988, Misumi is a factory automation, press die and plastic mold application company, serving the automotive, medical manufacturing, consumer packaging and aerospace industries. The company is relocating from 1717 Penny Lane in Schaumburg, where it leased 32,000 square feet. Misumi plans to take occupancy of the new space in June 2020.
ARLINGTON, TEXAS — Lee & Associates has negotiated a 44,800-square-foot industrial lease at 400 International Parkway in Arlington. According to LoopNet Inc., the property features 22-foot clear heights, 88-foot truck court depths and 2,351 square feet of office space. Corbin Blount and Adam Graham of Lee & Associates represented the tenant, Go Green Industries, a provider of recycling services, in the lease negotiations. Mark Graybill and Colton Rhodes, also with Lee & Associates, represented the landlord, Lightning Propco II.
KATY, TEXAS — Emler Swim School will open a 4,900-square-foot facility at 6823 S. Fry Road in the western Houston suburb of Katy on May 4. The Katy school, which will be the company’s sixth in the Houston area, will feature a maximum four-foot deep and year-round 90-degree saltwater pool and heated air. Emler Swim School, which was founded in 1975, offers more than 20 classes and levels for students as young as two months old.