Leasing Activity

Carr Signs Coworking Firm Industrious to 25,000 SF Lease at Arlington Office Building

by John Nelson April 26, 2019

ARLINGTON, VA. — Carr Properties has signed coworking firm Industrious to a 25,000-square-foot lease at 2311 Wilson, a new LEED Gold-certified office building situated one block from the Court House Metro station in Arlington. The Chicago-based coworking firm plans to occupy the entire third floor at 2311 Wilson by the first quarter of 2020. Carr has recently inked deals with boutique fitness concept Solidcore and For Five Coffee at the office building, which was delivered in 2018. Amenities include a two-story lobby, glass curtain walls, column-free floor plates, onsite daycare, dedicated park, fitness center, shared rooftop space, conference center, secure bike room and electric car charging stations.

April 26, 2019

Industrial Leasing Activity Texas

Plastics Distributor Signs 6,000 SF Industrial Lease in San Antonio

by Taylor Williams April 25, 2019

SAN ANTONIO — Harrington Industrial Plastics, one of the nation’s largest distributors of plastic products, has signed a 6,000-square-foot industrial lease at 4030 Naco-Perin Blvd. in northeast San Antonio. Roger Hill and Kyle Mueller of JLL represented the landlord, Aguja Holdings LLC, in the lease negotiations. The representative of the tenant was not disclosed.

April 25, 2019

Leasing Activity Michigan Midwest Office

UBS Opens First Detroit Office in Woodward Shopping District

by Kristin Harlow April 25, 2019

DETROIT — UBS Financial Services Inc. has opened its first Detroit office in the historic downtown Woodward shopping district. The 11,000-square-foot office represents an expansion of UBS’s investment in the metro area. The office spans two buildings and has six meeting rooms, a flexible breakout area and a coffee bar. Visitors will be greeted by a large black-and-white map of Detroit behind the reception area. Bedrock owns the property, which was designed by architecture firm Smith, Hinchman & Grylls. UBS is a global wealth management firm.

April 25, 2019

Goodman-Industrial-Center-Murray-Hill-East-Rutherford

Industrial Leasing Activity New Jersey Northeast

Logistics Firm Signs 100,031 SF Industrial Lease in East Rutherford, New Jersey

by Taylor Williams April 25, 2019

EAST RUTHERFORD, N.J. — Global third-party logistics firm OmLog has signed a 100,031-square-foot industrial lease at Goodman Industrial Center Murray Hill in East Rutherford, N.J., located across the Hudson River from Manhattan. OmLog, which leased the entire facility, has its North American headquarters in nearby Seacaucus, N.J. Goodman Industrial Center Murray Hill, which is owned by California-based Goodman Group, features 20-foot clear heights and 7,000 square feet of office space. The property also offers convenient access to I-80, the New Jersey Turnpike and multiple international airports.

April 25, 2019

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Industrial Leasing Activity Texas

Holt Lunsford Negotiates 70,400 SF Industrial Lease in Metro Dallas

by Taylor Williams April 24, 2019

GARLAND, TEXAS — Dallas-based Holt Lunsford Commercial has negotiated a 70,400-square-foot industrial lease at Miller Road Business Center in Garland, a northeastern suburb of Dallas. According to commercialcafé.com, the Class A property was built in 2002 and totals 382,000 square feet. Josh Barnes and Ben Wallace of Holt Lunsford represented the landlord, Boston-based TA Realty. John Hendricks of CBRE represented the tenant, J&C Warehousing LLC.

April 24, 2019

Leasing Activity New York Northeast Office

Med Review Renews, Expands Office Lease at 199 Water Street in New York City

by Taylor Williams April 24, 2019

NEW YORK CITY — Med Review, a subsidiary of the New York County Health Services Organizations that provides healthcare assessment services, has inked a deal to lease 72,439 square feet of office space at 199 Water Street in New York City. As part of the deal, the firm is taking an additional 35,454 square feet on the seventh floor, while also renewing its 36,985-square-foot space that spans the entire 27th floor. Built in 1984, 199 Water Street was renovated in 2014 to offer upgraded signage and lighting, as well as to add a new parking garage and tenant amenities. Brett Greenberg and Adam Rappaport represented the landlord, Jack Resnick & Sons, on an internal basis, along with John Cefaly, Robert Constable, Ethan Silverstein, Stephen Bellwood and Myles Fennon of Cushman & Wakefield. Mark Ravesloot and Bill Iacovelli of CBRE represented Med Review. Other tenants at the 1.1 million-square-foot property include The Howard Hughes Corp. and Allied World Insurance Co.

April 24, 2019

Leasing Activity Massachusetts Northeast Office

Trammell Crow Co. to Open New Office in Boston

by Taylor Williams April 24, 2019

BOSTON — Dallas-based developer Trammell Crow Co. will open a new office in Boston. Charles Leatherbee, who joins the company from Skanska USA Commercial Development and most recently served as executive vice president in that firm’s Boston office, will head the new Trammell Crow office beginning Monday, May 6. The exact location and square footage of the new office is still being negotiated. The company hopes to announce that information in the coming weeks. Trammell Crow CEO Matt Khourie cited Boston’s diversified economy and deep pool of talent as key reasons behind the company’s decision to open the Boston office, which will offer development services for office, multifamily, life sciences and industrial product.

April 24, 2019

Leasing Activity New York Northeast Office

Real Estate Consulting Firm Signs 10,024 SF Office Lease in Midtown Manhattan

by Taylor Williams April 24, 2019

NEW YORK CITY — Real estate consulting firm Vanbarton Group has signed a 10,024-square-foot office lease at Penn Plaza, located at 132 W. 31st St. in Manhattan’s Midtown area. The lease term spans seven years. Mitchell Konsker, Matthew Astrachan, Adam Haber and Kyle Young of JLL represented the tenant in the lease negotiations. Gabe Marans and Justin Greenstone of Savills Inc. represented the landlord, ExecOnline. The company is relocating from 860 Broadway.

April 24, 2019

Leasing Activity Michigan Midwest Retail

Gerdom Realty Completes Lease-up of First Phase of Shopping Center Development in Michigan

by Kristin Harlow April 23, 2019

SHELBY TOWNSHIP, MICH. — Gerdom Realty & Investment has completed the lease-up of Phase I at The Shops at Nottinghill in Shelby Township. The final tenant, Devine Nails, leased a 2,131-square-foot space. The nail salon plans to open in the third quarter of this year. Mike Murphy, Tjader Gerdom and Larry Siedell of Gerdom represented the landlord. Phase II of the shopping center will include up to 5,000 square feet.

April 23, 2019

Leasing Activity Retail Southeast Tennessee

Local Brewery, Coffee Shop to Join Sylvan Supply Project in Nashville

by Alex Tostado April 22, 2019

NASHVILLE, TENN. — Bearded Iris Brewery and Barista Parlor, both local to Nashville, have signed leases to join the tenant lineup at Sylvan Supply in Nashville. Atlanta-based Third & Urban and Chevy Chase, Md.-based FCP are renovating the 96-year-old mill on Charlotte Avenue into a six-building, 130,700-square-foot mixed-use development that will feature office space, outdoor areas and 32,850 square feet of retail and dining space. Bearded Iris Brewery, named for Tennessee’s state flower, will brew experiential batches exclusive to the location, as well as its full portfolio of beer. Barista Parlor will offer coffee and breakfast. Sylvan Supply is expected to open this year and both Iris Bearded Brewery and Barista Parlor are expected to move in early next year. Elliott Kyle of Equitable Property Co. represented the developers in the lease transactions.

April 22, 2019

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