ROMULUS, MICH. — Crane Worldwide Logistics has signed a 136,500-square-foot industrial lease in Romulus. The property is located at 10725 Harrison Road. The company is an international logistics firm with 120 locations in 30 countries. Peter Rogers of CBRE represented the tenant in the lease transaction. Randall Allman of CBRE represented the owner, AEW Capital Management.
Leasing Activity
NEW YORK CITY — Lee & Associates has negotiated a 5,962-square-foot lease for WiredScore in Lower Manhattan. WiredScore has leased the entire second floor of 155 Wooster Street for three years, starting in September 2019. The company is more than doubling its office size from its previous location at 494 Broadway, where it occupied 2,700 square feet. Dennis Someck, Justin Myers and Conor Krup of Lee & Associates represented WiredScore in the negotiations. Someck and Myers also represented the landlord, Centurion Realty.
DALLAS — Common Desk, a locally based coworking concept, has moved its headquarters to Factory Six03, a 215,000-square-foot office building located in the West End area of Dallas. Common Desk opened an 18,000-square-foot coworking space at the property earlier this year. Granite Properties, a privately owned development and investment firm with five offices across the country, owns the building, which was formerly used as a warehouse. Common Desk now operates six coworking spaces in Dallas-Fort Worth, with a seventh coming soon to Trammell Crow Center.
CHICAGO — International coworking company Offix has opened its first U.S. office at Catalyst Lofts in Chicago’s Pilsen neighborhood. Offix occupies 6,394 square feet at 917 W. 18th St. Besides flexible workspace and private offices, Offix members have access to meeting rooms, business lobbies, a fully equipped kitchen and event lounge. Chad Schroedl and Adam Thomas of SVN Chicago Commercial represented the undisclosed landlord in the lease transaction. Leibel Moscowitz of Vandon Forbes Real Estate represented the tenant.
Madison International Signs Multiple Tenants to New 1,500 SF Queens Place Mall Food Court
by Alex Patton
NEW YORK CITY — Madison International Realty has signed multiple new leases and lease renewals with several food and beverage tenants in preparation for the opening of a new 1,500-square-foot food court at Queens Place Mall, located in the Elmhurst neighborhood of Queens. Dunkin Donuts and Mrs. Fields have both renewed leases at the 440,000-square-foot mall. In separate negotiations with three new tenants, Chipotle has leased 2,532 square feet, Teriyaki One has leased 1,134 square feet and TeaCups has leased 400 square feet. Diana Boutross, Alan Schmerzler, Ian Lerner and Brandon Singer of Cushman & Wakefield represented Madison International in the negotiations. Boutross and Lerner represented Chipotle, Dunkin Donuts, Mrs. Fields and TeaCups. Peter Yoon of Ripco represented Teriyaki One. Construction is slated for completion by summer 2020.
EDISON, N.J. — Twin Boro Physical Therapy has signed a 1,600-square-foot retail lease in Edison, located approximately 30 miles southeast of New York City. The property is situated within the 20,000-square-foot Colonial Village Shopping Center, which is 100 percent leased. Twin Boro specializes in orthopedic pediatrics, sports-related injuries and worker’s compensation cases. Steve Battista of Jeffrey Realty represented Twin Boro in the lease negotiations. Matthew Weiss of Weiss Realty represented the landlord, Colonial Village Associates LLC.
TULSA, OKLA. — CBRE has negotiated a 60,000-square-foot industrial lease at 5402 S. 129th East Avenue in Tulsa for an undisclosed warehouse and distribution tenant. David Glasgow, Matt Klimisch and Alex Powell of CBRE represented the landlord, Boardwalk 55 LLC, in the lease negotiations. The property, which is now fully leased, spans 200,000 square feet and features 28-foot ceiling heights, 20 dock-high doors and two drive-in doors.
BETHLEHEM, PA. — Coworking company Venture X has signed a 13,000-square-foot office lease for in Bethlehem, located about 50 miles north of Philadelphia. The space is situated within the 127,832-square-foot Gateway at Greenway Park mixed-use development, which includes space leased to Lehigh University and St. Luke’s University Health Network. The Venture X office is expected to be operational by January 2020. Jody King of CBRE represented the landlord, Dennis Benner of Ion Development, in the lease negotiation. King also represented Venture X.
EAST BRUNSWICK, N.J. —Toy wholesaler Y&W International Inc. has renewed a 10,000-square-foot industrial lease for in East Brunswick, located approximately 35 miles south of New York City. The building is situated within Edgeboro Corporate Center, a two-building, 84,000-square-foot flex property located one mile from the New Jersey Turnpike. The tenant will continue to utilize the building as a showroom and distribution center for its products. David Zimmel of Zimmel Associates represented the landlord, Denholtz Properties, in the lease negotiations.
HARTFORD, CONN. — O,R&L Commercial has negotiated a 7,114-square-foot medical office lease in Hartford. First Choice Health Centers Inc. will move into the entire second floor of 478 Burnside Avenue. The non-profit healthcare provider will offer a range of medical services including primary, pediatric and dental care. Thomas Wilks of O,R&L represented the landlord, Shafa Building LLC, in the lease negotiations. Wilks also procured the tenant.