Leasing Activity

KANSAS CITY, MO. — Superior Moving & Storage has signed an 86,363-square-foot industrial lease at Copaken Brook’s Downtown Business Park in Kansas City. The property is located at 3177 Mercier St. A local moving company founded in 1914, Superior began leasing 35,000 square feet at the building in 2014 for storage purposes. The company sold a separate facility and consolidated all operations at the Mercier Street property.

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DAVISON, MICH. — Domino’s Pizza has leased 3,000 square feet at Davison Village Shopping Center in Davison, about 10 miles east of Flint. Domino’s will occupy space that was formerly home to YaYa’s Chicken. The property, which is anchored by The Salvation Army, is located on State Road. Michael Murphy and Tjader Gerdom of Gerdom Realty & Investment represented Domino’s in the lease transaction.

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NEW YORK CITY — Hickory Lane Capital Management has signed a 2,100-square-foot office lease for its new headquarters in Manhattan’s Garment District. The firm signed a three-year lease for space on the seventh floor of an office building located at 530 Seventh Ave. The building features a 30,000-square-foot co-working space, which serves as an amenity to all tenants and offers additional office spaces and conference rooms. Brian Neugeboren, Nicole Goetz and Alicia Parente of Savitt Partners represented the undisclosed landlord. Christina Combias of Voro Real Estate represented Hickory Lane.

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RICHARDSON, TEXAS — Newline Interactive Inc., a manufacturer of corporate interactive displays, has signed a 48,160-square-foot industrial lease at Parc Northeast, a 434,640-square-foot industrial development located in the northeastern Dallas suburb of Richardson. Josh Barnes of Holt Lunsford Commercial represented the landlord, Jackson-Shaw, in the lease negotiations. Parc Northeast, a newly built speculative property, is now 50 percent leased.

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HOUSTON — NAI Partners has arranged a 13,400-square-foot industrial lease renewal at 1499 N. Post Oak Road in Houston for Niche Importing Group LLC. The company specializes in matching U.S. wholesalers and retailers with Asian manufacturers. The property, which is located on the city’s northwest side and was recently renovated, features 16-foot clear heights. Shaffer Braun of NAI Partners represented the undisclosed landlord in the lease negotiations.

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DANVILLE, ILL. — Cresco Labs has opened its sixth cannabis dispensary in Illinois in the city of Danville, which is located in the eastern part of the state near the Indiana border. The dispensary is located at 369 Lynch Drive. Sunnyside Danville spans 4,800 square feet and is open seven days a week. Additional Sunnyside dispensaries are located in Chicago’s Wrigleyville, Elmwood Park, Buffalo Grove, Rockford and Champaign. Cresco plans to open additional stores in Chicago as well as locations in South Beloit and Schaumburg.

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Summit-at-Las-Colinas

IRVING, TEXAS — The American Athletic Conference has signed an 18,000-square-foot office lease at The Summit at Las Colinas in Irving for its new headquarters. The company will relocate its 30 employees later this summer from Providence, R.I., where it has been based since 1979. Conor McCarthy and Jeremy McGown of JLL represented the conference in the lease negotiations. James Esquivel and Ahnie Sheehy, also with JLL, represented the landlord, Gemini Rosemont Commercial Real Estate. The 19-story, 376,000-square-foot Summit at Las Colinas currently houses tenants such as the College Football Playoff, Nexstar Media, JPMorgan Chase and General Motors. Renovations to the building’s common areas will begin later this year. The American Athletic Conference, formerly known as the Big East, comprises 11 members and includes two Texas educational institutions: the University of Houston and Southern Methodist University.

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RUTHERFORD, N.J. — NAI James Hanson has negotiated a 3,000-square-foot office lease for janitorial service provider Adamas Building Services LLC in Rutherford, a northwestern suburb of New York City. The space is located at 75 Orient Way, a 23,501-square-foot office building, and offers convenient access to the Garden State Parkway and the New Jersey Turnpike. The tenant is relocating from its previous office in Newark. Darren Lizzack and Randy Horning of NAI James Hanson represented the landlord, 75 Orient Way LLC, in the lease negotiations.

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  On May 21, Shopping Center Business, Western Real Estate Business and California Centers magazines hosted “California Retail Reboot: How Will California’s Retail and Restaurant Sector Recover Post-Coronavirus?” Experts from California’s retail sector gathered to discuss the future of California retail and how to ensure the success of tenants and their properties. Topics discussed include the following: ​How will California retailers, restaurants and developers adapt? How will landlords and retail property owners support tenants and customers? What do brokers and investors need to know about the retail landscape and changes due to COVID-19? Panelists: Jonathan Lorenzen of Allen Matkins (moderator) Kyle Kavanaugh of Main + Main Howard Samuels of Samuels & Company Matthew Berger of Brixmor Property Group Jeff Kreshek of Federal Realty Investment Trust Philip D. Voorhees of CBRE Webinar sponsors: Allen Matkins is a California-based law firm with more than 200 attorneys in four major metropolitan areas of California: Los Angeles, Orange County, San Diego and San Francisco. The firm’s areas of focus include real estate, construction, land use, environmental and natural resources; corporate and securities, real estate and commercial finance, bankruptcy, restructurings and creditors’​ rights, joint ventures and tax; labor, employment; and trials, litigation, risk management and alternative dispute resolution in all of …

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TAMPA, FLA. — Commercial Fitness Concepts has signed a 43,474-square-foot industrial lease at Building 200 within 301 Business Center in Tampa. Building 200 offers 32-foot minimum clear heights, 180-foot truck court and an ESFR sprinkler system. With Commercial Fitness Concepts’ new lease, the building is now fully occupied, with US Venture leasing the other 127,720 square feet. Located on East Columbus Drive, 301 Business Center spans 68 acres and is situated in Tampa’s East Industrial submarket, nine miles east of downtown Tampa. John Jackson, Jessica Mizrahi and JT Faircloth of Cushman & Wakefield represented the landlord, McDonald Development, in the lease negotiations. Commercial Fitness Concepts sells new and used gym equipment for commercial use.

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