Wednesday, July 23, 2025
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Leasing Activity

Leasing ActivityMichiganMidwestOffice

Quicken Loans to Open Tech Office in Canada Across River from Detroit Headquarters

by Kristin Harlow

WINDSOR, CANADA — Detroit-based Quicken Loans and its family of affiliated companies has unveiled plans to open a new office location in the historic Old Fish Market Building in downtown Windsor, Ontario. The expansion into Canada will enable Quicken Loans to recruit top talent from Windsor, Toronto and Waterloo to support the growing need for additional technology talent, according to the company. Quicken Loans will lease more than 9,000 square feet of office space at the building, which is undergoing renovations that are expected to be completed in the first half of 2019. The company plans to grow the office to more than 100 tech workers.

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IllinoisIndustrialLeasing ActivityMidwest

Concept Laboratories Signs 119,388 SF Industrial Lease in Chicago

by Kristin Harlow

CHICAGO — Concept Laboratories Inc. has signed a 119,388-square-foot industrial lease at 4920 S. Central Ave. in Chicago. The designer and manufacturer of personal care and household products will relocate from 83,091 square feet at 4404 W. Ann Lurie Place when the lease commences in February 2019. The property on Central Avenue spans 461,750 square feet and includes 20 exterior docks, 12 interior docks and direct access to I-55. Mike Senner and Ned Frank of Colliers International represented the tenant in the lease transaction. Matt Mulvihill, Mitch Adams and Cal Payne of CBRE represented the landlord, Combined Warehouse Co.

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Leasing ActivityMidwestMinnesotaOffice

Merchant & Gould to Relocate Minneapolis Office

by Kristin Harlow

MINNEAPOLIS — Merchant & Gould, a full-service intellectual property law firm, has unveiled plans to relocate its Minneapolis office from the IDS Center to Fifth Street Towers. The firm will occupy 40,246 square feet on the 21st and 22nd floors beginning in August 2019. Paul Donovan, Jaclyn May and Jeremy Striffler of Cushman & Wakefield represented the tenant in the lease transaction. Jennifer Stumm of Cushman & Wakefield will oversee the buildout of the space on the client’s behalf.

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IndustrialLeasing ActivityTexas

JLL Negotiates 130,816 SF Industrial Lease in Greenville, Texas

by Taylor Williams

GREENVILLE, TEXAS — JLL has negotiated a 130,816-square-foot industrial lease at 1001 Ed Rutherford Drive in Greenville, a city located about 50 miles northeast of Dallas. Chris Stout and Craig Phelps of JLL represented the tenant, Pennsylvania-based Chelsea Building Products, and the undisclosed landlord in the lease negotiations. The property, which previously housed a plastic injection molding company, will be Chelsea’s second production facility in the U.S.

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IllinoisLeasing ActivityMidwestOffice

Assurance to Relocate Headquarters to Schaumburg, Illinois

by Kristin Harlow

SCHAUMBURG, ILL. — Assurance Agency Ltd. has signed a 75,000-square-foot office lease to relocate its headquarters to Woodfield Preserve Office Center in Schaumburg. Bill Elwood and Rob Graham of CBRE represented the landlord, Zeller Realty Group (ZRG), in the lease transaction. Jesse Van Dyke of JLL represented Assurance, which will relocate to the property in 2019. The independent insurance brokerage firm will occupy a portion of the first floor and the entire sixth floor. ZRG has significantly upgraded the property with new amenities such as two fitness centers, game rooms, conference centers, Wi-Fi lounges, full-service delis, community yoga classes and an outdoor courtyard.

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DevelopmentIndustrialLeasing ActivityMississippiSoutheast

Core5 Completes First Phase of 2.5 MSF Logistics Center in Metro Memphis

by Amy Works

HORN LAKE, MISS. — Atlanta-based Core5 Industrial Partners has completed its first two inventory buildings at DeSoto 55 Logistics Center, a business park in Horn Lake, a Mississippi town within the greater Memphis market. Situated along the Interstate 55 corridor, the 175-acre business park will feature more than 2.5 million square feet of Class A space once fully developed. The first phase included Building A1, a 581,475-square-foot cross-dock facility that is expandable to more than 1 million square feet, and Building B, a 300,000-square-foot, rear-loading building. Core5 has preleased 200,000 square feet of space within Building B to DSV Solutions, a global provider of supply chain solutions to customers across multiple industries. DSV will utilize the entire 200,000 square feet of an existing client’s distribution facility serving the Eastern United States. Dan Wilkinson, Allen Wilkinson and Brad Kornegay of Colliers International represented Core5 in the lease transaction, as well as the entire development.

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IndustrialLeasing ActivityTexas

Paper Company Renews 69,577 SF Industrial Lease in Irving

by Taylor Williams

IRVING, TEXAS — Canadian paper manufacturer Domtar has renewed its 69,577-square-foot industrial lease at 9001-9015 Sterling St. in Irving. According to LoopNet Inc., the Class B property was built in 1985 and totals 200,666 square feet. Canon Shoults of Holt Lunsford Commercial represented the landlord, Brookfield, in the lease negotiations.

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Leasing ActivityOfficeTexas

Common Desk to Open 18,085 SF Coworking Office Space in Dallas’ West End

by Taylor Williams

DALLAS — Dallas-based Common Desk will open Common Desk — Factory Six03, an 18,085-square-foot coworking office space in the West End area of Dallas. The opening is set for early next year. The space will be the company’s second location with Plano-based investment and development firm Granite Properties and its sixth location in North Texas. Tenants at the new space will have access to a rooftop lounge and a food hall.

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Leasing ActivityMichiganMidwestOffice

Solar Energy, Roofing Company Signs 17,986 SF Office Lease in Troy, Michigan

by Kristin Harlow

TROY, MICH. — Power Home Solar & Roofing has signed a 17,986-square-foot office lease at 500 Stephenson Highway in Troy. The Mooresville, N.C.-based company specializes in solar energy and roofing services. The Troy office will enable the company to address ongoing growth and expansion of call center operations. Aaron Smith and Mason Capitani of L. Mason Capitani CORFAC International represented the tenant in the lease transaction. The landlord was not disclosed.

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GeorgiaLeasing ActivityOfficeSoutheastTop Stories

Salesforce to Expand Regional Headquarters in Atlanta, Adding 600 New Jobs

by Jeff Shaw

ATLANTA — Salesforce (NYSE: CRM), a customer relationship software and services provider, is set to expand its regional headquarters in Atlanta. The company will grow its current footprint in The Atlanta Plaza, located in the city’s Buckhead district, which will now be known as Salesforce Tower Atlanta. The lobby, and each new floor set for occupancy by the company, will be renovated as part of the expansion. Salesforce currently occupies four floors of The Atlanta Plaza totaling 85,722 square feet. Following the expansion, the company will occupy seven floors and 158,163 square feet. The top floor of the building will also be transformed into an, “Ohana Floor,” which will offer an open hospitality space for Salesforce employees, customers and partners. The space will also be available for use by nonprofits and local education groups on weeknights and weekends at no cost. The expansion will allow the company to nearly double its Atlanta-based workforce of approximately 600 employees. Employees will begin moving into the newly renovated floors in 2019. “Atlanta is a fantastic market for world-class talent and we’re thrilled to grow our presence in the region,” says Warren Wick, executive vice president of commercial sales at Salesforce. “Many of our top customers call …

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