Leasing Activity

Live Nation Entertainment Becomes First Tenant of Office Building in Miami’s Wynwood Arts District

by Alex Tostado May 10, 2019

MIAMI — Live Nation Entertainment has signed an 8,000-square-foot lease at Wynwood Annex in Miami. East End Capital and The Related Group are developing Wynwood Annex, which is slated to open this summer and will offer 52,000 square feet of office space in the Wynwood Arts District. The building’s suites range from 6,300 to 8,000 square feet. The building also offers a covered outdoor conference center, rooftop terrace, 322 parking spaces and 4,424 square feet of retail space. Gordon Messinger and Ericka Witkowski of Cushman & Wakefield represented East End Capital and The Related Group in the lease transaction. Clay Sidner of Newmark Knight Frank represented Live Nation.

May 10, 2019

Leasing Activity New York Northeast Office

Knotel Signs Lease for 14,160 Office Space in Manhattan

by Taylor Williams May 10, 2019

NEW YORK CITY — Knotel, a provider of flexible office space, has signed a lease to open a 14,160-square-foot office space at 101 Fifth Avenue, an office building in Manhattan that is owned by Eretz Group. The space will span two floors at the 11-story property and raises Knotel’s total footprint across the city to 40 locations totaling 580,881 square feet. Greg DiGioia and Michael Morris of Newmark Knight Frank represented Knotel in the lease negotiations.

May 10, 2019

Leasing Activity New York Northeast Office

Madison Realty Capital Relocates to 20,000 SF Office Space in Midtown Manhattan

by Taylor Williams May 9, 2019

NEW YORK CITY — Private equity firm Madison Realty Capital has relocated its New York City headquarters to a 20,000-square-foot space located at 520 Madison Ave. in Midtown Manhattan. After spending 12 years at 825 Third Avenue, the company will now occupy the 35th floor at its new high-rise building, which is located between 53rd and 54th streets. Adam Doneger, Anthony LoPresti and Ethan Silverstein of Cushman & Wakefield represented Madison Realty Capital in the lease negotiations for the new space. Tishman Speyer owns the building, which offers approximately 1 million square feet of office space.

May 9, 2019

Industrial Leasing Activity Midwest Wisconsin

Menasha Packaging Renews 113,778 SF Industrial Lease in Cudahy, Wisconsin

by Kristin Harlow May 9, 2019

CUDAHY, WIS. — Menasha Packaging Co. has renewed its 113,778-square-foot industrial lease in Cudahy, about seven miles south of Milwaukee. The property is located at 6185 S. Ace Industrial Drive. Bill Langhoff of Colliers International brokered the lease transaction. The landlord was not disclosed. Menasha Packaging is an independent, retail-focused packaging and merchandising solutions provider.

May 9, 2019

Georgia Industrial Leasing Activity Southeast

Logistics Firm Signs 408,600 SF Industrial Lease in Atlanta

by Alex Tostado May 8, 2019

ATLANTA — Broadrange Logistics, a third-party logistics provider, has signed a full-building industrial lease for 408,600 square feet in Atlanta’s Fulton Industrial submarket. The Atlanta-based firm offers air, ocean, trucking and warehouse logistics services to several major companies including Amazon, Wayfair, Drive Medical, SP Richards and Smith Cooper. The facility is located at 105 Kendall Park Lane, 13 miles west of Atlanta Hartsfield-Jackson International Airport and 16 miles west of downtown Atlanta. Bob Robers and Brian Monaghan of Cushman & Wakefield represented the tenant in the lease transaction. LaSalle Investment Management is the landlord. Brian Alcorn of Cushman & Wakefield will oversee build-out of the space, though details of the build-out were not disclosed.

May 8, 2019

Florida Industrial Leasing Activity Southeast

Cushman & Wakefield Arranges 192,454 SF Warehouse Lease Renewal in Metro Miami

by Alex Tostado May 8, 2019

MIAMI LAKES, FLA. — Cushman & Wakefield has arranged a 192,454-square-foot warehouse and distribution lease renewal for Miami International Freight Solutions (MIFS) in Miami Lakes. MIFS fully occupies the facility, which is situated at 14100 NW 60th Ave. in Miami Lakes Business Park East, 10 miles north of Miami International Airport. The property was built in 1971 and sits on 13.2 acres. It offers numerous loading points, 10,000 square feet of executive offices and a fully secured truck staging and storage yard. Wayne Ramoski and Gian Rodriguez of Cushman & Wakefield represented MIFS in the lease negotiations. Carlos Velasquez and Rene Vivo of The Vivo Group represented the landlord, San Francisco-based Terreno Realty Corp.

May 8, 2019

Industrial Leasing Activity New York Northeast

JLL Negotiates 103,000 SF Industrial Lease on Long Island

by Taylor Williams May 8, 2019

SYOSSET, N.Y. — JLL has negotiated a 103,000-square-foot industrial lease at 225 Underhill Blvd. in Syosset, a city on Long Island. The property, located about 32 miles east of Midtown Manhattan, features 19-foot ceiling heights and more than 3,000 square feet of office space. Max Omstrom, Doug Omstrom and Kyle Crennan of JLL represented the tenant, One Stop Properties, a real estate development firm based in Long Island City. The landlord, Balrich Realty Corp., was represented internally.

May 8, 2019

Industrial Leasing Activity Texas

Holt Lunsford Secures 30,833 SF Industrial Lease Renewal in Metro Dallas

by Taylor Williams May 8, 2019

GARLAND, TEXAS — Dallas-based Holt Lunsford Commercial has secured a 30,833-square-foot industrial lease renewal at 2450-2462 Merrit Drive in Garland, a northeastern suburb of Dallas. Josh Barnes and Ben Wallace of Holt Lunsford represented the landlord, Taurus Investment Holdings. Shirley Laymance of CBRE represented the tenant, Carrier Enterprise LLC.

May 8, 2019

Leasing Activity New York Northeast Office

Tommy Hilfiger Expands Lease to 220,000 SF at Manhattan Office Tower

by Taylor Williams May 7, 2019

NEW YORK CITY — Apparel designer and retailer Tommy Hilfiger has committed to an additional 14,054 square feet of office space at 285 Madison Avenue in Manhattan as part of a lease renewal and expansion. The company now occupies 220,000 square feet at the 26-story, Class A property, which is located at the corner of Madison Avenue and 40th Street. Matthew Astrachan, Mitchell Konsker and Steven Bauer of JLL represented PVH Corp., the parent company of Tommy Hilfiger, in the lease transaction. Konsker, along with JLL associates Alexander Chudnoff, Dan Turkewitz and Diana Biasotti, represented the landlord, RFR Realty, in the lease negotiations. Leasing agents A.J. Camhi and Ryan Silverman also represented RFR Realty on an internal basis.

May 7, 2019

Georgia Healthcare Leasing Activity Southeast

Cushman & Wakefield Arranges 16,000 SF Medical Office Lease in Atlanta

by Alex Tostado May 6, 2019

ATLANTA — Cushman & Wakefield has arranged a 16,000-square-foot lease for Piedmont Internal Medicine P.C., a private healthcare practice based in Atlanta, to join Northwest Medical Center in Atlanta’s Buckhead district. Harrison Street and HealthAmerica Realty Group began renovations on Northwest Medical Center, which is situated at 3280 Howell Mill Road, in 2015. Piedmont Internal Medicine is expected to move into the space this September. The first-floor space will include access to wheelchair ramps, patient drop-off and covered pathways from the parking garage. George Olmstead and Brandon Wallace of Cushman & Wakefield represented the tenant in the lease negotiations. Tommy Tift III, James McClintock and Wheeler Briggs of HealthAmerica Realty represented the landlord internally.

May 6, 2019

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