Leasing Activity

Crescendo Collective Signs 8,700 SF Office Lease in Milwaukee’s Brewery District

by Kristin Harlow January 30, 2019

MILWAUKEE — Crescendo Collective has signed an 8,700-square-foot lease within The Factory Office Suites at The 42, an office development in Milwaukee’s Brewery District. The digital marketing firm will occupy the space later this year. Max Rasansky and Alyssa Geisler of CBRE represented the landlord, Scott Lurie. The Boerke Company represented the tenant. Office tenants at The 42 have access to a fitness center, coffee bar, rooftop deck and community lounge. Milwaukee Brewing Co. operates a brewery at the development. Approximately 35,000 square feet of space remains available for lease within the office portion.

January 30, 2019

Industrial Leasing Activity Western

Atisa Industrial Signs Dynasty Golf to Occupy 28,690 SF Manufacturing Plant in Tijuana, Mexico

by Amy Works January 30, 2019

TIJUANA, MEXICO — Atisa Industrial has signed a lease with Dynasty Golf to occupy the Coral Building at Pacifico Industrial Park in Tijuana. Dynasty Golf will utilize the 28,690-square-foot property to house golfing equipment manufacturing. This is the company’s first operation in Mexico. Octavio McFarland of NAI represented Atisa Industrial in the transaction.

January 30, 2019

Georgia Leasing Activity Office Southeast

WeWork Signs 100,300 SF Lease in Downtown Atlanta, Including Building-Top Signage

by Alex Tostado January 29, 2019

ATLANTA — WeWork has signed a multi-floor, 100,300-square-foot lease at Centennial Tower, an approximately 665,000-square-foot office tower located at 101 Marietta St. in downtown Atlanta. WeWork’s long-term lease deal includes building-top signage. WeWork, one of the world’s largest coworking space providers, plans to add 1,300 members to the new space. This is WeWork’s largest space of it six Atlanta locations and its first in downtown. Katherine Lynch and Chris Port of CBRE represented the landlord, The Dilweg Cos., in the lease agreement. Clinton McKellar and Sam Hollis of Cushman & Wakefield represented the tenant. Southeast Real Estate Business reported earlier this month that Dilweg signed tech startup company Steady to a full-floor lease within Centennial Tower.

January 29, 2019

Industrial Leasing Activity South Carolina Southeast

Domino’s Pizza Signs 68,000 SF Lease for New Industrial Facility in West Columbia, South Carolina

by Alex Tostado January 29, 2019

WEST COLUMBIA, S.C. — Domino’s Pizza has signed a 68,000-square-foot lease for a new processing and distribution facility in West Columbia. Construction is expected to begin in the first quarter of this year. Domino’s plans to add 75 jobs to the area. Hiring is scheduled to start in the fourth quarter of this year, with the facility being delivered in the second quarter of 2020. Ken Ashley, John Wilkinson and Whitney Hembree of Cushman & Wakefield, along with Lee Warfield of Cushman & Wakefield | Thalhimer, represented the tenant in the lease negotiations. The developer and landlord were not disclosed.

January 29, 2019

Leasing Activity Office Texas

NAI Partners Negotiates 19,865 SF Office Lease in Houston

by Taylor Williams January 29, 2019

HOUSTON — NAI Partners has negotiated a 19,865-square-foot office lease at 1360 Post Oak Blvd. in Houston for U.S. Well Services, a provider of hydraulic fracturing solutions. Dan Boyles and Liz Westcott-Brown of NAI Partners represented U.S. Well Services in the lease negotiations. Morgan Relyea Colt of Cushman & Wakefield represented the landlord.

January 29, 2019

Leasing Activity Michigan Midwest Restaurant Retail

Pizzeria Signs Lease for Fourth Location in Michigan

by Kristin Harlow January 29, 2019

CLARKSTON, MICH. — Crispelli’s Bakery & Pizzeria has signed a 3,892-square-foot lease in Clarkston. This will be the restaurant’s fourth location in Michigan. Crispelli’s will join T-Mobile, Great Clips and Jersey Mike’s at the new Shoppes of Clarkston development. Tjader Gerdom and Michael Murphy of Gerdom Realty represented the tenant in the lease transaction. Chris Jonna of CMP Real Estate Group represented the undisclosed landlord.

January 29, 2019

Leasing Activity Multifamily North Carolina Southeast

CBRE Arranges $33M in Acquisition Financing for Newly Built Apartment Complex in Durham

by Alex Tostado January 28, 2019

DURHAM, N.C. — CBRE Capital Markets has arranged $33 million in acquisition financing to Chaucer Creek Capital LLC for 54 Station, a 264-unit apartment community that was delivered in 2018. The buyer plans to add a 24-unit building, bringing the total number of buildings to 12 and the unit count to 288. Kristen Reilly and Nate Sittema of CBRE Capital Markets’ Debt & Structured Finance team arranged a bridge loan for the borrower through MF1, a mortgage REIT focused on the multifamily sector. Amenities at 54 Station include a swimming pool, outdoor kitchens, fitness center and a fire pit with lounge seating.

January 28, 2019

Leasing Activity Office Texas

Salesforce Signs Lease at 420,000 SF Office Tower in Dallas

by Taylor Williams January 28, 2019

DALLAS — San Francisco-based software company Salesforce has signed a lease at The Union, a mixed-use property located at 2300 N. Field St. in Dallas that includes a 420,000-square-foot office tower and a 31-story residential building. The square footage of space was not disclosed, but Salesforce has confirmed it to be at least 100,000 square feet. According to brokers, the deal was the largest office lease executed in Uptown Dallas when it closed in late 2018. Clay Vaughn and Preston Lynn of CBRE represented Salesforce in the lease negotiations. John Brownlee, Gini Rounsaville and Brooke Oliver of Peloton Commercial Real Estate represented the landlord. The lease brings The Union to 90 percent occupancy. The office component of The Union opened in October 2018. The entire development is expected to be complete by spring 2019.

January 28, 2019

Illinois Leasing Activity Midwest Retail

Tucker Development Secures Three Retail Leases for Mixed-Use Development in Chicago’s Fulton Market

by Kristin Harlow January 28, 2019

CHICAGO — Tucker Development has secured three new retail leases for its mixed-use development known as 900 West in Chicago’s Fulton Market. The retailers include Kinton Ramen, a Toronto-based ramen bar; Jeni’s Splendid Ice Creams; and Independence, an upscale menswear boutique. All three businesses plan to open their new locations sometime this year. Completed in 2017, 900 West is the adaptive reuse of 10 historic buildings in the 900 block of West Randolph Street. Together, the buildings offer more than 45,000 square feet of street-level retail space and 45,000 square feet of office space on the upper floors. The office space is fully leased by co-working provider Spaces and private equity firm Parker Gale. Current retailers include lululemon, Bluemercury and Bonci Pizzeria.

January 28, 2019

Leasing Activity Office Texas

CBRE Negotiates 13,371 SF Office Lease in Houston

by Taylor Williams January 25, 2019

HOUSTON — CBRE has negotiated a 13,371-square-foot office lease at 3737 Buffalo Speedway in Houston on behalf of The Houston Trust Co., and independent personal trust firm. The space will serve as the company’s new headquarters. Weldon Martin of CBRE represented the tenant in the lease negotiations. Madison Marquette represented the landlord, Houston 3737 Buffalo LP.

January 25, 2019

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