Leasing Activity

Washington Prime Signs Chipotle, Chicken Salad Chick to Leases at Mall at Johnson City in Tennessee

by Alex Tostado July 6, 2020

JOHNSON CITY, TENN. — Washington Prime Group (WPG) has signed Chipotle Mexican Grill and Chicken Salad Chick to the tenant roster of The Mall at Johnson City, a mall in Johnson City that is currently being redeveloped. The two eateries are expected to open in spring 2021. Other new and committed tenants include HomeGoods, which will replace the former Sears department store; Palmetto Moon, a Southern apparel retailer that opened in June; and Rose & Remington and Curve & Cloth, which are set to open next spring. WPG is renovating the interior common areas and exterior entrances, which will include aesthetic upgrades such as new seating, lighting, flooring and finishes. Existing tenants at the mall include Belk, Build-A-Bear Workshop, Champs Sports, Chick-fil-A, Dick’s Sporting Goods, Forever 21, GameStop, Hot Topic, JC Penney, Ulta Beauty and Victoria’s Secret. WPG reopened the mall in early May following a temporary shut down due to the COVID-19 outbreak.

July 6, 2020

Industrial Leasing Activity Texas

NAI Partners Negotiates 20,000 SF Industrial Lease Renewal in Metro Houston

by Taylor Williams July 6, 2020

STAFFORD, TEXAS — NAI Partners has negotiated a 20,000-square-foot industrial lease renewal at 10101 Stafford Centre Drive in the southwestern Houston suburb of Stafford. Chris Caudill of NAI Partners represented the undisclosed landlord in the lease negotiations. Jarret Venghaus of JLL represented the tenant, educational software provider Intelliworks LLC.

July 6, 2020

Industrial Leasing Activity Lee & Associates Texas

Lee & Associates Negotiates 126,100 SF Industrial Lease Renewal in Flower Mound, Texas

by Taylor Williams July 2, 2020

FLOWER MOUND, TEXAS — Lee & Associates has negotiated a 126,100-square-foot industrial lease renewal at 500 Enterprise Drive in the northern Fort Worth suburb of Flower Mound. According to LoopNet Inc., the property was built in 2003 and spans 462,200 square feet. Reed Parker of Lee & Associates represented the tenant, transportation and logistics firm BFS Services Inc., in the lease negotiations. Sarah Ozanne and Jeremy Kelly of Stream Realty Partners represented the landlord, New York-based Clarion Partners.

July 2, 2020

Industrial Leasing Activity Texas

Texas Wholesale Computers Signs 81,263 SF Industrial Lease in Metro Dallas

by Taylor Williams July 2, 2020

GARLAND, TEXAS — Texas Wholesale Computers, a supplier and distributor of finished computers, servers and accessories, has signed an 81,263-square-foot industrial lease at Miller Park North in the northeastern Dallas suburb of Garland. Josh Barnes and Ben Wallace of Holt Lunsford Commercial represented the landlord, Boston-based TA Realty, in the lease negotiations. Andy Goldston of Citadel Partners represented the tenant.

July 2, 2020

560-590-Bercik-Street-Elizabeth-New-Jersey

Industrial Leasing Activity New Jersey Northeast

NAI James Hanson Negotiates 49,300 SF Industrial Sublease in Elizabeth, New Jersey

by Taylor Williams July 2, 2020

ELIZABETH, N.J. — NAI James Hanson has negotiated a 49,300-square-foot industrial sublease for third-party logistics company Z Brothers Express Inc. in Elizabeth, a suburb of New York City. The space is located within a 143,756-square-foot, Class A industrial building at 560-596 Bercik St. The warehousing and distribution facility sits on 6.4 acres and features nine tailgates, one drive-in door and a clear height of 30 feet. Eric Demmers and Russell Verducci of NAI James Hanson represented the sub-landlord, RIM Logistics Ltd., in the lease negotiations. Rubicon Representation represented Z Brothers Express

July 2, 2020

Healthcare Leasing Activity New Jersey Northeast

North Jersey Dermatology Center Signs 1,343 SF Medical Office Lease in Parsippany

by Taylor Williams July 2, 2020

PARSIPPANY, N.J. — North Jersey Dermatology Center (NJDC) has signed a 1,343-square-foot medical office lease in Parsippany, approximately 35 miles west of New York City. The space is situated within Parsippany Commons, a three-story, 54,000-square-foot office building located at 3219 Route 46 East. The lease at Parsippany Commons marks NJDC’s fourth office location, joining its Rockaway, Clifton and Newfoundland offices. The company worked closely with Core Enterprises, the landlord’s in-house design and construction team, as well as Cerminara Architects, to design and execute the build-out of its new office space. Stephen Graziano of Colliers International represented the landlord, Larken Associates, in the lease negotiations.

July 2, 2020

Leasing Activity Northeast Pennsylvania Retail

NKF Negotiates 15,499 SF Retail Lease Renewal in South Whitehall, Pennsylvania

by Alex Patton July 1, 2020

SOUTH WHITEHALL, PA. — Newmark Knight Frank (NKF) has negotiated a 15,499-square-foot retail lease renewal for Grocery Outlet Inc. in South Whitehall, a western suburb of Allentown. Located at 4680 Broadway Road, the property is part of the 248,533-square-foot Tilghman Square shopping center, which offers convenient access to State Routes 22 and 309 and Interstates 78 and 476. Other tenants include New Vision Theaters, Dollar Tree and Staples. Grocery Outlet Inc. had previously leased the space for 14 years. Michael LaRue of NKF represented Grocery Outlet in the lease negotiations. Larken Associates is the landlord.

July 1, 2020

Leasing Activity Northeast Pennsylvania Retail

Charlie’s Pizza Signs 2,000 SF Retail Lease at Morrell Plaza in Philadelphia

by Alex Patton July 1, 2020

PHILADELPHIA — Charlie’s Pizza has signed a 2,000-square-foot retail lease at Morrell Plaza, a 103,000-square-foot shopping center that is located at the intersection of Frankford Avenue and State Route 13 in Philadelphia. A 63,000-square-foot ShopRite supermarket anchors the center. Other tenants include Northeast Cycle, Wingstop, Freedom Credit Union, Rite Aid, T-Mobile, Supercuts, Dunkin’ and Yamato Sushi & Hibachi. Sidney Singer of Levin Management Corp., which serves as the property’s exclusive leasing and managing agent, negotiated the lease on behalf of the landlord.

July 1, 2020

Industrial Leasing Activity Lee & Associates Texas

Lee & Associates Secures 198,854 SF Industrial Lease in Flower Mound, Texas

by Taylor Williams July 1, 2020

FLOWER MOUND, TEXAS — Lee & Associates has secured a 198,854-square-foot industrial lease at 1901 Lakeside Parkway in the northern Fort Worth suburb of Flower Mound for asset management and logistics firm TelTech Communications. Completed in 2019, the rear-load property features 32-foot clear heights, 180-foot truck courts and 38 trailer parking spaces. Tom Walrich of Lee & Associates represented the tenant in the lease negotiations. John Fulton and Brett Owens of Transwestern represented the landlord, Denver-based Black Creek Group.

July 1, 2020

Industrial Leasing Activity Texas

Boyd Commercial Negotiates 75,000 SF Industrial Lease Near Port Houston

by Taylor Williams July 1, 2020

LA PORTE, TEXAS — Boyd Commercial has negotiated a 75,000-square-foot industrial lease for Cottondale Wood Products, an Alabama-based supplier of wooden pallets for the petrochemical industry, in the southeastern Houston suburb of La Porte. The property is situated within two miles of Port Houston’s Barbour’s Cut Terminal. William Carpenter, Greg Barra and David Boyd of Boyd Commercial represented the tenant, which plans to take occupancy later this summer, in the lease negotiations. Jeff Everist of CBRE represented the landlord, Hines.

July 1, 2020

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