Leasing Activity

Altitude Trampoline Park to Open in Appleton, Wisconsin

by Kristin Harlow November 1, 2018

APPLETON, WIS. — Altitude Trampoline Park has signed a 33,247-square-foot lease to open its first Wisconsin facility in Appleton. The property is located at 4914 Integrity Way. The indoor trampoline park will include a ropes course, ninja course, rock wall, extreme dodge ball, zip lines and foam pits. John Day of The Woodmont Company and Patrick Owens of Transwestern represented the tenant in the lease transaction. Mark Pucci and Adam Figurin of Colliers International represented the landlord, Alliance Development.

November 1, 2018

Acquisitions Industrial Leasing Activity New Jersey Northeast

Cushman & Wakefield Arranges Sale-Leaseback of Industrial Facility in Parsippany

by David Cohen October 30, 2018

PARSIPPANY, N.J. — Cushman & Wakefield has arranged the sale and leaseback of a 540,103-square-foot industrial facility in Parsippany. The sales price was undisclosed. Located at 100 Jefferson Road, the property currently serves at the global headquarters for the seller, PNY Technologies. Gary Gabriel, Kyle Schmidt, Andrew Merin, David Bernhaut, Brian Whitmer and Ryan Larkin of Cushman & Wakefield represented PNY Technologies in the transaction. The buyer was a joint venture between Turnbridge Equities and Harbor Group International. PNY Technologies leased back approximately 25 percent of the building on a long-term basis, leaving 400,000 square feet of industrial space for Turnbridge Equities to rent. Turnbridge and HGI have commenced a $4.5 million capital improvement program at the facility that will include new parking and loading areas, new office space and building entrances, as well as new mechanical systems.

October 30, 2018

Leasing Activity Retail Texas

RealtyLink Unveils New Tenants at 270,000 SF Retail Center in Terrell, Texas

by Taylor Williams October 30, 2018

TERRELL, TEXAS — RealtyLink LLC, a developer specializing in retail and restaurant properties, has unveiled the latest round of tenants that will open stores at Crossroads at Terrell, a 270,000-square-foot center being developed about 30 miles east of Dallas. The newest retailers, which are expected to open their stores during the third quarter of 2019, include Petco, GoWireless and Sport Clips. Previously announced tenants at the center include Hobby Lobby, Five Below, Marshalls and Rack Room Shoes. CBRE is marketing the center for lease.

October 30, 2018

Industrial Leasing Activity Texas

Newsom Design Extends 119,083 SF Industrial Lease in Metro Dallas

by Taylor Williams October 30, 2018

FARMERS BRANCH, TEXAS — Newsom Design LLC, which produces building signage and other marketing materials, has extended its 119,083-square-foot industrial lease at 13780 Benchmark Drive in Farmers Branch, a northern suburb of Dallas. Blake Kendrick of Stream Realty Partners represented the landlord, DRA Advisors, in the lease negotiations. Landry Commercial Inc. represented the tenant.

October 30, 2018

Illinois Leasing Activity Midwest Retail

It’Sugar Opens 2,000 SF Store at Chicago’s Navy Pier

by Kristin Harlow October 30, 2018

CHICAGO — It’Sugar has opened a 2,000-square-foot store at Chicago’s Navy Pier. Founded in 2006, the candy retailer has approximately 100 locations across the country and worldwide. The store at Navy Pier offers a “Taste of Chicago Box,” which features products that originated in Chicago including Tootsie Rolls, Razzles, Baby Ruth, Juicy Fruit, Charleston Chew, Sugar Daddy and Chuckles. Other current tenants at Navy Pier include Build-A-Bear Workshop, Garrett Popcorn Shops, Giordano’s, Harry Caray’s Tavern, Bubba Gump Shrimp Co., McDonald’s and Starbucks. Gregory Kirsch, Corey Black and Larry Kling of Newmark Knight Frank represented It’Sugar in the lease.

October 30, 2018

Industrial Leasing Activity Texas

Door Manufacturer Signs 172,120 SF Industrial Lease in Irving

by Taylor Williams October 29, 2018

IRVING, TEXAS — Chase Industries, a Cincinnati-based manufacturer of custom traffic doors, has signed a 172,120-square-foot industrial lease within Liberty Park GSW in Irving. The company will occupy all of Building 1, the shell construction of which is expected to be complete this week. Kurt Griffin, Nathan Orbin and David Eseke of Cushman & Wakefield represented the landlord, Liberty Property Trust, in the lease negotiations. Colliers International represented Chase Industries.

October 29, 2018

Leasing Activity Office Texas

Video Streaming Company to Open 10,000 SF Office in Denison, Texas

by Taylor Williams October 26, 2018

DENISON, TEXAS — Swagit Productions LLC, a Dallas-based video streaming company, will open a 10,000-square-foot office in Denison, a city in north Texas near the Oklahoma border. The company’s new facility will be located along State Highway 84 and will be remodeled in advance of the opening. The move is expected to create up to 40 new jobs, with hiring slated to begin this winter and operations commencing in spring 2019. Kent Smith of NAI Robert Lynn represented Swagit in the lease negotiations.

October 26, 2018

California Industrial Leasing Activity Western

Amazon Leases 1.1 MSF Industrial Building at NorCal Logistics Center in Stockton, California

by Amy Works October 26, 2018

STOCKTON, CALIF. — Amazon has signed a lease with CT Realty to occupy a newly constructed, 1.1 million-square-foot industrial building at NorCal Logistics Center in Stockton. Located at 4532 Newcastle Road, the fulfillment center offers proximity to Burlington Northern Santa Fe, Union Pacific intermodal facilities, SR-99 and interstates 5, 205 and 580. Terms of the lease were not disclosed. The transaction marks the completion of CT’s approximately 1.7 million-square-foot first phase of the 345-acre NorCal Logistics Center, following the sale of two completed buildings, totaling 575,127 square feet, to Prologis in June. CT Is underway on the second phase of the development: five buildings, totaling 2.7 million square feet, built as a mix of speculative and build-to-suit projects.

October 26, 2018

Healthcare Illinois Leasing Activity Midwest Retail

Quincy Medical Group to Backfill Former Bergner’s Store at Quincy Mall in Western Illinois

by Kristin Harlow October 26, 2018

QUINCY, ILL. — Quincy Medical Group plans to open a new surgery and cancer treatment center at Quincy Mall in central western Illinois. The healthcare provider will occupy about half of the approximately 105,000 square feet on two floors of the former Bergner’s space. Quincy Medical Group will also have the opportunity for expansion on both first and second floors. Cullinan Properties Ltd. owns and manages the mall. The firm continues to identify new national retail tenants for the mall. Three new restaurants opened at the property within the last year.

October 26, 2018

Development Leasing Activity Office Southeast Virginia

KPMG to Move to 20-Story Office Tower Under Construction in Tysons, Virginia

by Amy Works October 25, 2018

TYSONS, VA. — KPMG, one of the world’s Big Four accounting firms, has signed a lease to occupy up to seven floors of The Boro, an under construction 20-story office tower in Tysons. The Meridian Group and Rockefeller Group are co-developing the tower, with Skanska constructing the Gensler-designed building. KPMG plans to relocate approximately 1,830 employees from its current office at 1676 International Drive in Tysons to the new property in 2019. The move brings preleasing to more than 60 percent ahead of construction completion, with approximately 178,000 square feet remaining at the tower. Additional committed tenants include Hogan Lovells, a global law firm, TEGNA, Whole Foods Market and Kerasotes Showplace Theatres. Situated on 15 acres, the transit-oriented property will feature office, retail, restaurant and outdoor space. The LEED Gold-designed tower features nine- to 10-foot ceilings, efficient floorplans and a rooftop terrace. Rob Faktorow and Terry Reiley of CBRE represented the landlords, while Phil Leibow and Bill Craig of JLL represented KPMG in the lease.

October 25, 2018

Newer Posts

Older Posts