Leasing Activity

MiTek Leases 412,921 SF Industrial Space in Tolleson, Arizona

by Amy Works August 25, 2020

TOLLESON, ARIZ. — MiTek, a diversified global supplier of services and products to the residential and commercial construction sectors, has expanded its presence in Arizona by leasing 412,921 square feet of industrial space in two manufacturing facilities in Tolleson. The company renewed its lease for 259,200 square feet at 7890 W. Lincoln Street for a term of more than eight years. Additionally, MiTek signed a 10-year lease for 153,721 square feet of space at 7506 W. Lincoln Street. The company plans to relocate some out-of-state operations to the facility at 7506 W. Lincoln St., with occupancy beginning on Nov. 1, 2020. Payson MacWilliam, Don MacWilliam and Chris Reese of Colliers International in Arizona worked with Kevin Gallagher of Colliers St. Louis to represent MiTek in both lease transactions. John Werstler, Cooper Fratt and Pat Feeney of CBRE represented the landlord in the lease at 7506 W. Lincoln Street. The two Class A facilities are located within Tolleson Corporate Park and owned by California State Teachers’ Retirement System.

August 25, 2020

Illinois Industrial Leasing Activity Midwest

Imperfect Foods Expands Cold Storage Lease by 45,000 SF in Northlake, Illinois

by Kristin Harlow August 24, 2020

NORTHLAKE, ILL. — Imperfect Foods has signed a long-term lease to expand its cold storage operations at Bridge Point Northlake by 45,000 square feet. Formerly known as Imperfect Produce, the company now occupies a total of 106,000 square feet at the cold storage facility in Northlake, about 17 miles west of Chicago. Imperfect Foods says the expansion was in effort to meet the exponential increase in demand for delivered food and household products brought on by the COVID-19 pandemic. Bridge Development Partners and PGIM Real Estate are the landlords. Jason Lev and John Suerth of CBRE brokered the lease transaction on behalf of both parties. Bridge Point Northlake totals 480,464 square feet of cold storage freezer and cooler space, of which 39,000 square feet remains available for lease.

August 24, 2020

Illinois Leasing Activity Midwest Retail

Duluth Trading Opens New Store in Orland Park, Illinois

by Kristin Harlow August 24, 2020

ORLAND PARK, ILL. — Duluth Trading Co. has opened a new store in Orland Park within metro Chicago. This is the 64th location for Duluth Trading, which offers men’s and women’s casual wear, workwear and accessories. The store is located at 29 Orland Square Drive. Duluth Trading is based in Mount Horeb, Wis.

August 24, 2020

Industrial Leasing Activity Texas

BFS Services Signs 126,100 SF Industrial Lease Extension Near Fort Worth

by Taylor Williams August 24, 2020

FLOWER MOUND, TEXAS — Logistics firm BFS Services Inc. has signed a 126,100-square-foot industrial lease extension at Lakeside Trade Center in the Fort Worth metro of Flower Mound. According to LoopNet Inc., the property was built in 2003, renovated in 2005 and totals 462,200 square feet. Building features include 30-foot clear heights and 148-foot truck court depths. Jeremy Kelly and Sarah Ozanne of Stream Realty Partners represented the landlord, New York-based Clarion Partners, in the lease negotiations. Lee & Associates represented the tenant.

August 24, 2020

Leasing Activity NAI Office Texas

NAI Partners Negotiates 6,500 SF Office Lease for Resource Data in West Houston

by Taylor Williams August 24, 2020

HOUSTON — NAI Partners has negotiated a 6,500-square-foot office lease at 15915 Katy Freeway in West Houston for software developer Resource Data Inc. Griff Bandy and Joe Bright of NAI Partners represented the tenant in the lease negotiations. Michael Sieger, Lesley Rice and Andy Parrish, also with NAI Partners, represented the landlord, Dornin Investments.

August 24, 2020

Industrial Leasing Activity Texas

Rowe Casa Organics Leases 4,700 SF of Industrial Space at TexAmericas Center in Texarkana

by Taylor Williams August 24, 2020

TEXARKANA, TEXAS — Rowe Casa Organics, a provider of household and personal products made from organic materials, has leased 4,700 square feet of industrial space at TexAmericas Center in Texarkana. The company is effectively tripling its space at a newly renovated building. TexAmericas Center is an owner-operator of 12,000 developable acres and 3 million square feet of commercial space that serves Texas, Louisiana, Oklahoma and Arkansas.

August 24, 2020

Leasing Activity Northeast Pennsylvania

Markward Negotiates 150,000 SF Industrial Sublease in Allentown, Pennsylvania

by Taylor Williams August 24, 2020

ALLENTOWN, PA. — Locally based brokerage firm Markward Group has negotiated a 150,000-square-foot industrial sublease at Iron Run Distribution Center in Allentown. Del Markward and Mike Capobianco of Markward Group, along with Brian Lenahan of Premier Development, represented the sublandlord, True Value, in the lease negotiations. The trio also represented the subtenant, third-party logistics firm ShipHero. Prologis owns the building.

August 24, 2020

Healthcare Leasing Activity Life Sciences Northeast Office Pennsylvania

CBRE Arranges Two Life Sciences Leases Totaling 13,067 SF in Blue Bell, Pennsylvania

by Taylor Williams August 24, 2020

BLUE BELL, PA. — CBRE has arranged two life sciences leases totaling 13,067 square feet at PROTECS Innovation Center, a 50,000-square-foot lab and life sciences building in the northern Philadelphia suburb of Blue Bell. Molecular diagnostics firm KorGene committed to 8,259 square feet, and pharmaceutical and biotechnology firm ThirdLaw Technologies inked a deal for 4,808 square feet. Paul Touhey and Cody Lehrer of CBRE represented the landlord, 4 Valley Square Group LP, in the lease negotiations.

August 24, 2020

Healthcare Leasing Activity Northeast Pennsylvania

Tower Health to Open 4,200 SF Clinic at Bradford Plaza in West Chester, Pennsylvania

by Taylor Williams August 24, 2020

WEST CHESTER, PA. — Tower Health Urgent Care will open a 4,200-square-foot clinic at Bradford Plaza, a 161,000-square-foot retail center located at 700 Downington Pike in West Chester. The grocery-anchored center houses tenants such as Petco, Dollar Tree and Orangetheory Fitness. Sidney Singer of New Jersey-based Levin Management Corp. represented the landlord in the lease negotiations. Michael Reese of Jackson Cross Partners represented the tenant.

August 24, 2020

Georgia Leasing Activity Office Southeast

Boeing Signs 21,000 SF Office Lease Near Robins Air Force Base in Central Georgia

by Alex Tostado August 21, 2020

WARNER ROBINS, GA. — The Boeing Co. has signed a 21,000-square-foot office lease in Warner Robins. The aerospace company will occupy three suites within the 39,000-square-foot building located at 691 Wellborn Road. Boeing expects to move into the space in January. Built in 2004, the property is situated less than one mile from Robins Air Force Base. Patrick Barry of Coldwell Banker Commercial Eberhardt & Barry represented the undisclosed landlord in the lease transaction.

August 21, 2020

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