FORT WORTH, TEXAS — Dayton Superior Corp., an Ohio-based supplier of construction materials, has signed a lease renewal at 15124 Grand River Road in Fort Worth. The company will continue to occupy 51,101 square feet of office and warehouse space. Brian Gilchrist and Steve Koldyke of CBRE represented Dayton Superior in the lease negotiations. Michael Spain of Bradford Real Estate Services represented the landlord, SCG River Park Business Center LP.
HADDON HEIGHTS, N.J. — Premier Dermatology has signed a 5,214-square-foot medical office lease in Haddon Heights, a southeastern suburb of Philadelphia. Located at 500 Grove St., the 31,800-square-foot building was completed in 1975 and offers quick access to Interstate 295. Other tenants include clinical diagnostic company LabCorp, nonprofit healthcare company Virtua and American Water Co. Mike Scanzano of Wolf Commercial Real Estate (WCRE) represented Premier Dermatology in the lease negotiations. Ryan Barikian, also with WCRE, represented the landlord, 500 Grove Associates LLC.
NEW YORK CITY — Office leasing in Manhattan has slowed amid the global COVID-19 pandemic, according to a first-quarter 2020 office leasing report by Toronto-based brokerage firm Avison Young. According to the report, Manhattan saw approximately 7 million square feet of new leasing activity in the first quarter of the year, down from 8.4 million year-over-year. The firm reported that leasing volume was down more than 39 percent by the end of March, compared to March 2019. Additionally, eight office construction projects larger than 150,000 square feet have been halted as nonessential construction, and completion dates for those projects have been pushed back indefinitely. Several of those projects, including SL Green’s 1.6 million-square-foot One Vanderbilt in Midtown, have sizable prelease commitments from tenants including TD Bank and law firm Greenberg Traurig.
SAN ANTONIO — Locally based developer Worth & Associates has negotiated a 42,227-square-foot office lease at its Austin Highway Business Center to Goodwill San Antonio Business Services. Goodwill will use the space to expand its call center operations. Jeff Miller and Meredith Sheeder of JLL represented Goodwill, which took occupancy in late March, in the lease negotiations.
DALLAS — Security National Bank of Texas will open a 4,146-square-foot branch at 2300 N. Field St. to become the exclusive banking center of The Union Dallas, a mixed-use destination by RED Development. Services will include personal, business and private banking, treasury management, trust services, investment management and mortgages. The opening is slated for some time this spring.
HUMBLE, TEXAS — Wholesale distributor Lone Star Wire Rope Inc. has signed a lease at Parc Air 59, a 320,000-square-foot industrial development by Jackson-Shaw located in the northern Houston suburb of Humble. The company will occupy 26,010 square feet at Building 2, bringing the park’s overall occupancy rate to 70 percent. Beau Kaleel and Allison Bergman of Cushman & Wakefield represented Jackson-Shaw in the lease negotiations.
ARLINGTON HEIGHTS, ILL. — Entre Commercial Realty has negotiated a 12,000-square-foot industrial lease on behalf of Dealer Profit Solutions Inc. in Arlington Heights. The automotive consulting company will relocate from nearby Wheeling to occupy the space at 855 W. University Drive. The building features a clear height of 18 feet, one interior dock and one drive-in door. Brian Bocci of Entre represented the tenant. Tom Boucher of PSI Commercial represented the undisclosed landlord.
LOMBARD, ILL. — Trifecta Transport LLC has signed a 4,300-square-foot office lease in Lombard. The transportation logistics company will occupy the space at 300-350 E. 22nd St. on a 7.5-year lease. The company is relocating from Glen Ellyn. Ryan Moen and John Millner of Bradford Allen represented the undisclosed landlord. Aubrey Van Recken-Englund of NAI Hiffman represented the tenant.
WEST DEPTFORD, N.J. — JLL has brokered the $20.2 million sale-leaseback of a 183,000-square-foot industrial property in West Deptford, a southern suburb of Philadelphia. Located at 100 Friars Blvd., the warehouse and distribution property was 100 percent leased at the time of sale. The property houses the headquarters of the seller, ICS Corp. Inc. The building features 22- to 24-foot clear heights, 19 loading doors and convenient access to the New Jersey Turnpike. John Plower and Jim Cadranell led a JLL team that represented ICS Corp. Inc. in the transaction. Clarion Partners Real Estate Income Fund Inc. was the buyer.
NEW YORK CITY — Newmark Knight Frank (NKF) has negotiated the $10.2 million sale of the leasehold interest in a ground-floor retail property in the Greenwich Village neighborhood of Manhattan. The term of the leasehold is 70 years, and the property is leased to childcare provider Bright Horizons. Brian Segall and Jason Wecker represented the seller, a partnership of 644 Greenwich LLC and Premier Equities. The team also procured the buyer, 27-33 Realty Associates.