EL MONTE, CALIF. — Mutual Trading Co., a Japanese food, beverage and restaurant supply specialist, has leased 299,786 square feet of space at Goodman El Monte Logistics Center, an industrial facility under development at 4300 Shirley Ave. in El Monte. Goodman Group owns and manages the project, which will be a two-building, 1.2 million-square-foot tech-enabled logistics facility, with additional leasing opportunities available for up to 935,657 square feet. Slated for delivery fourth-quarter 2019, the property will feature 36-foot clear heights, minimum 185-foot concrete truck courts, 164 trailer stalls, 24/7 operations and site security, 147 dock doors, offices to suit, an ESFR sprinkler system, a LEED-certified shell, and close proximity to major freeways, airports and ports. Mutual Trading Co. is upgrading and consolidating its five previous locations into one by expanding to a bigger and more modern facility to support its U.S. growth. The company plans to move into the new space in November.
PHILADELPHIA — Children’s Hospital of Philadelphia (CHOP) has signed a 54,000-square-foot office lease expansion at the Wanamaker building, a 1.4 million-square-foot office and retail property located in the Center City neighborhood of Philadelphia. Following this transaction, CHOP will occupy more than 300,000 square feet across six floors. The building owner, a partnership between Rubenstein Partners LP and Amerimar Enterprises Inc., is entering the final phase of a capital improvement program for the building, which was originally built in 1911 to house Wanamaker’s, one of America’s first department stores.
NEW YORK CITY — Shakespeare & Co., a chain of bookstores that was founded in 1983, will open its first store in Lower Manhattan when it assumes occupancy of a 2,300-square-foot space at 230 Vesey St. in January 2020. The store, which will be located within the 14-acre Brookfield Place complex on the Hudson River, will include a children’s book section and café. In addition, the store will host monthly book club events in its communal area.
CHICAGO — Brown Bag Seafood Co. will open its newest location in Willis Tower. The fast-casual seafood concept will be located in Catalog, the 300,000-square-foot dining and retail area at the base of the office tower. Catalog is currently under construction. Willis Tower is undergoing a $500 million renovation project, the biggest transformation in the building’s 46-year history. The first phase is expected to be open to the public in late 2019. Brown Bag Seafood Co. joins Convene, Urbanspace, Shake Shack, Sweetgreen, Starbucks and Market Creations. The Willis Tower location will be Brown Bag’s sixth restaurant. Willis Tower, formerly Sears Tower, is a 110-story skyscraper and is the tallest building in Chicago.
ORLANDO, FLA. — WeWork has signed a three-floor lease within downtown Orlando’s SunTrust Center. This is the first Orlando location for the New York-based coworking giant, which will occupy more than 70,000 square feet and accommodate more than 1,000 members who will have access to the onsite fitness center and conference center. The landlord, Piedmont Office Realty Trust, recently unveiled plans for upgrades at SunTrust Center, which is located at 200 Orange Ave. Renovations will include upgrading the lobby and adding a rooftop terrace and food hall. Terms of WeWork’s lease were not disclosed.
JOLIET, ILL. — Accuride Corp. has fully leased a 291,728-square-foot industrial building at Rock Run Business Park in Joliet. The speculative building was completed in the fourth quarter of 2018. It features a clear height of 36 feet, 38 dock doors, 234 parking spaces and build-to-suit office options. Accuride, a manufacturer of premium automotive parts, will consolidate two of its Chicago-area facilities in Batavia and Naperville. Mike Fonda, Chris Lydon, Chris Tecu and Brian Pomorski of Avison Young represented the developer, IDI Logistics, in the lease transaction. Mark Urbanowicz and Matt Burton of Mohr Partners represented the tenant.
NEW YORK CITY — Rochester, New York-based grocer Wegmans will open a 74,000-square-foot store within the Admirals Row redevelopment project located on Flushing Avenue in Brooklyn. The grand opening is scheduled for Sunday, Oct. 27. The store, which will be the company’s first location in New York City, is expected to create about 350 full- and part-time jobs. Wegmans Brooklyn will carry more than 60,000 individual products and offer second-floor mezzanine space with a bar serving food, wine, beer and spirits.
NEW YORK CITY — Global investment management firm Bardin Hill Investment Partners has signed a 28,045-square-foot office lease at 299 Park Avenue in Midtown Manhattan. The firm, which is relocating from 477 Madison Avenue, will occupy the entire 24th floor of the 42-story building beginning in November. The lease term is 12 years. Chris Corrinet and Neil King of CBRE represented Bardin Hill in the lease negotiations. Marc Packman, Clark Briffel, Peter Shimkin, Andrew Sachs, Eric Cagner and David Falk of Newmark Knight Frank represented the landlord, Fisher Bros. 299 Park Avenue is a 1.2 million-square-foot office building located between 48th and 49th streets next to the Waldorf-Astoria Hotel and Grand Central Terminal. Other tenants at the property include Capital One and UBS.
AVENTURA, FLA. — Colliers International has negotiated an office lease for Biorasi to occupy two stories and 37,856 square feet of space at Harbour Centre in Aventura. Harbour Centre is a 217,000-square-foot office building situated at 18851 N.E. 29th Ave., 20 miles north of downtown Miami. Biorasi, a global research organization that partners with pharmaceutical, medical device and biotech companies to navigate clinical trials and bring products and treatments to market faster, signed a 10-year, $20 million lease at the office building. The lease required the early termination of two other tenants in order to accommodate Biorasi’s requirements. This lease brings the building’s occupancy to 93 percent. Jonathan Kingsley and Stephen Rutchik represented the landlord, C-III Capital Partners, and tenant in the transaction. Debborah Frank of Chicago-based Golub Cos. was a consultant to Biorasi in the transaction.
HOUSTON — Local developer Midway has signed retail leases with three new tenants at CITYCENTRE, a 47-acre mixed-use destination in Houston that opened in 2010. New retailers include handbag and accessories provider Brahmin, which will open a 1,000-square-foot store; Lubbock-based City Bank, which will occupy 4,000 square feet; and Tiff’s Treats, which has signed a 1,430-square-foot lease. Lilly Golden and Blair Golden of Evergreen Commercial represented Midway in the lease negotiations. Brad Downs of The Auber Group represented Brahmin, and Jonathan Probst with The Retail Connection represented Tiff’s Treats, both of which are slated to open this fall. CITYCENTRE features 350,500 square feet of retail and dining space, 625,000 square feet of Class A office space, 35 brownstone residences, 1,155 upscale apartment and loft units, the 171-room Four Points by Sheraton–CITYCENTRE and 255-room Hotel Sorella CITYCENTRE.