Leasing Activity

HOUSTON — Murex Petroleum Corp. has signed a 20,423-square-foot lease at 363 North Belt, an office building located at 363 N. Sam Houston Parkway in Houston. According to LoopNet Inc., the property was built in 1982 and totals 223,158 square feet. Terri Torregrossa and Kurt Kistler of Moody Rambin represented the landlord, TA Realty Associates, in the lease negotiations. Ryan Fassett and Josh Marcell, also of Moody Rambin, represented Murex.

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PLANO, TEXAS — Healthcare Associates of Texas, a full-service primary care provider, will relocate its corporate headquarters from Irving to a 20,258-square-foot space within International Business Park (IBP) in Plano, a northeastern suburb of Dallas. Matt Heidelbaugh and Cribb Altman of Cushman & Wakefield represented Healthcare Associates of Texas in its site selection and lease negotiations. Trevor Franke and Gini Rounsaville of Peloton Commercial Real Estate represented the landlord, IBP 7 LP. More than 100 employees will move into the new space, which is expected to be available for occupancy by March. . IBP is a 300-acre master-planned office park that features 24/7 security, onsite property management and maintenance, a fitness center, café and deli, basketball court, weekly food courts, event space and Booster Fuels, a fuel-delivery service.

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ARLINGTON, VA. — Public Broadcasting Service (PBS) has signed a 15-year lease to remain with landlord JBG Smith Properties. PBS will relocate from JBG Smith’s 2100 Crystal Drive asset in Arlington’s Crystal City district to JBG Smith’s asset situated at 1225 S. Clark St. in Arlington’s National Landing district. National Landing is a newly branded neighborhood encompassing parts of Pentagon City and Crystal City in Arlington and Potomac Yard in nearby Alexandria. The two assets are located less than a mile apart. PBS is expected to relocate in mid-2020, where it will occupy 120,328 square feet alongside March of Dimes, Conservation International and other nonprofits. Paul Darr, Dale Powell and Chaise Schmidt of Cushman & Wakefield represented PBS in the lease transaction.

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ATLANTA — The Dilweg Cos. has signed Steady, an Atlanta-based tech startup, to a full-floor lease at Centennial Tower located at 101 Marietta St. in downtown Atlanta. Steady gained fame when it beat out more than 1,000 competitors at Money Pitch at Money 20/20, the world’s largest innovation event. The startup company will occupy 20,060 square feet of space for six years. Centennial Tower recently underwent a $5 million renovation to improve amenities and workspace. Katherine Lynch of CBRE represented the landlord in the lease transaction, while Greg Baxendale of JLL represented the tenant.

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DALLAS — Another Round, an entertainment concept that combines miniature golf and alcoholic beverages, will open a 5,500-square-foot venue at 660 Fort Worth Ave., a creative retail and dining space under construction in west Dallas. The venue is expected to open this spring. Construction of the property, which is being developed by Dallas-based Oaxaca Interests, began in December.

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RICHMOND, VA. — Brother International Corp., a manufacturer of printing, labeling and sewing machines, has signed a 461,700-square-foot lease to fully occupy Richmond’s largest ever speculative warehouse building. Brother International is relocating from New Jersey and is expected to move in to the new warehouse in the second quarter of this year. Matt Anderson of Colliers International represented the landlord, Panattoni Development Co., and Gregg Christoffersen and Andy Zezas of JLL represented Brother International in the lease transaction.

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HOUSTON — NAI Partners has negotiated a 4,646-square-foot lease renewal and expansion at 5757 Woodway Drive in Houston for Luna Recovery, a local mental health provider that specializes in outpatient drug and alcohol addiction counseling. Taylor Wright of NAI Partners represented the tenant in the lease negotiations. Zachary Wolf of Braun Enterprises represented the landlord, 5757 Woodway Ltd., an entity owned by Braun Enterprises.

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PISCATAWAY, N.J. — Snack food manufacturer CLIO LLC has signed a 20,300-square-foot industrial lease in the Piscataway Corporate Center in Piscataway. CLIO will utilize the space at 141 Ethel Road West to manufacture and distribute their chocolate-dipped Greek yogurt bars. The property features 22-foot ceilings and energy-efficient HVAC systems. Jaime Zimmel of Zimmel Associates represented the owner, Denholtz Associates, in the transaction. Terms of the lease were not disclosed.  

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FORT WORTH, TEXAS — Caregiver Inc. has signed a 22,511-square-foot office lease at 4800 Overton Plaza in southwest Fort Worth that will serve as the company’s new headquarters. Pat McDowell and David Berzina of JLL represented Caregiver Inc. in the lease negotiations. Kirk Kelly of Transwestern represented the undisclosed landlord.

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CHICAGO — First Logistics, a third-party logistics company, has signed a 331,059-square-foot industrial lease in Chicago. The Illinois-based company is expanding from its current facility in Alsip and will occupy the new space immediately. Located at 2075 W. 43rd St., the speculative development spans 633,057 square feet and features a clear height of 32 feet. Known as Marina Crossings, the rail-served property is situated on 35 acres. Larry Goldwasser, Jason West, Colin Green, Matt Cowie and Michelle Maguire of Cushman and Wakefield represented the landlord, Marina Crossings Owner LLC, a joint venture between MAT Limited Partnership and institutional investors advised by J.P. Morgan Asset Management. Larry Hanley of Midwest Commercial Real Estate represented the tenant.

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