STAMFORD, CONN. — Recycling and sustainability organization Keep America Beautiful has signed an 8,500-square-foot office lease renewal in Stamford, located approximately 35 miles northeast of New York City. As part of the renewal agreement, the landlord agreed to pay for interior renovations, including a kitchen and restroom remodel and enhancements to the lighting and HVAC systems at the property, which serves as the organization’s headquarters. John Hannigan and Adam Cognetta of Choyce Peterson Inc. represented Keep America Beautiful in the lease negotiations. Larry Kwiat of SL Green Realty Corp. represented the landlord on an internal basis.
Leasing Activity
ALPHARETTA, GA. — Five Guys Taverns LLC has signed a lease to open Taffer’s Tavern at 33 S. Main St. in historic downtown Alpharetta in February 2020. The location will be the first in the nation for Taffer’s Tavern, which is backed by TV star Jon Taffer. Taffer is the host of “Bar Rescue.” The restaurant will be situated in the Liberty Hall building, directly across the street from City Hall. The building will feature the original bar, which was built in the 1700s and imported from England. Taffer’s Tavern will offer a menu that features a vacuum-sealed cooking method that doesn’t use traditional, commercial equipment. Locally based firm Chandlee and Sons Construction will serve as the general contractor. Five Guys Taverns plans to open four more restaurants across the state. The company has teamed with Fransmart, which also partners with companies such as Qdoba Mexican Grill and Five Guys, as its franchise development partner.
NEW YORK CITY — Agency for the Performing Arts (APA) has signed a 21,000-square-foot office lease for its New York headquarters in Midtown Manhattan. The talent agency will relocate from its current location at 135 West 50th Street to its new space on the 21st floor of 3 Columbus Circle in December. Marketing firm Young & Rubicam anchor the building and other tenants include office rental agency Emerge212, Nordstrom and Jazz at Lincoln Center. Savills represented APA in the lease negotiations. John Fanuzzai and Harley Dalton of JLL represented the landlord, The Moinian Group.
NEW YORK CITY — JLL has negotiated a 15,361-square-foot office lease for private investment firm Newlight Partners LP at the Mutual of America Building in Manhattan. Newlight Partners is relocating from 390 Park Avenue, also known as The Lever House, to the 25th floor of the 750,000-square-foot, Class A office building. The term of the new lease is 10 years. Alexander Chudnoff and Daniel Turkewitz of JLL represented Newlight Partners in the lease negotiations. Frank Doyle, David Kleiner and Betsy Buckley of JLL represented the landlord, Mutual of America Life Insurance Co.
DALLAS — Envy Gaming Inc., a Dallas-based company that owns multiple esports teams, will open a 20,872-square-foot training facility and expanded office headquarters at Victory Park in downtown Dallas. The new space will be located within a Class A office building at 3030 Olive St., adjacent to the American Airlines Center. Ryan Hoopes and Tom Sutherland of Cushman & Wakefield represented Envy Gaming in its property search and lease negotiations.
ELIZABETH, N.J. — Refrigerated warehouse user Superior Cold Storage & Logistics LLC has renewed its 30,000-square-foot industrial lease in Elizabeth, a western suburb of New York City. The property, located at 1161 E Broad St., offers 20-foot clear heights, three dock-high doors and three drive-in doors. Ed English, Ron Ganter, Tom Giannone and Paul Errigo of Avison Young represented Superior Cold Storage in the lease negotiations. Jason Crimmons of The Blau & Berg Co. represented the landlord, Linden Realty.
JERSEY CITY, N.J. — Levin Management Corp. (LMC) has negotiated two new retail leases totaling 10,000 square feet at Twin City Shopping Center, 95,000-square-foot shopping center in the western New York City suburb of Jersey City. Hook & Reel Cajun Seafood and Bar leased 8,350 square feet, and Apple Nail salon leased 1,650 square feet. The property’s dining options also include Taco Bell, Popeye’s Louisiana Kitchen, Wendy’s and Dunkin’. E.J. Moawad of LMC represented the landlord in both lease negotiations. Igal Nassim of Mason Asset Management represented Hook & Reel.
JOLIET, ILL. — Target Corp. has leased the entire 1.2 million-square-foot Rock Creek Logistics Center in Joliet, a southwestern suburb of Chicago. The Minneapolis-based retailer expects to fully occupy the building this month. Located at 3300 Channahon Road, the facility features a clear height of 36 feet, 350 trailer positions, four drive-in doors, 92 exterior dock doors and more than 400 car parking stalls. The building is less than one mile from I-80 and will provide easy access to the interstate via the Houbolt Road interchange. Traci Payette and Paige Rickert of CBRE represented Target in the lease transaction. Steve Connolly and Eric Tresslar of NAI Hiffman represented the landlord, The Opus Group. Opus served as the developer, design-builder, architect and structural engineer of record. The project was a joint venture partnership with AEW Capital Management LP.
STRATFORD, CONN. — Video game and prop rental company Arcade Specialties LLC has signed a 9,120-square-foot industrial sublease in Stratford, located approximately 15 miles southwest of New Haven. The company is moving its headquarters from 955 Connecticut Ave. in Bridgeport to 40 Mead St. in Stratford. Jon Angel of Angel Commercial LLC represented Arcade Specialties in the sublease negotiations. Hodson Realty represented the tenant. Arcade Specialties supplies retro arcade games, pinball machines, foosball tables and Chexx hockey tables for corporate and residential parties, prop rentals and photo shoots.
FRISCO, TEXAS — PowerSecure Lighting, a provider of LED lighting products, has signed a 75,000-square-foot industrial lease at the 216-acre Star Corporate Center development in Frisco. PowerSecure Lighting will serve as the anchor tenant at a 160,000-square-foot, rear-load building that will also function as the company’s new corporate headquarters. Cabot Properties and Stream Realty Partners originally broke ground on the building, which is now fully occupied, in January 2018.