BOCA RATON, FLA. — The Kroger Co. has signed a 35,000-square-foot lease to relocate to Boca Raton Innovation Campus (BRiC). The space within 4700 Exchange Court is roughly the same size as Kroger’s previous space across the street, but was designed to be more efficient, such as having it in one contiguous space rather than broken up. The space serves as Kroger’s national headquarters supporting its digital businesses, including vitacost.com, which Kroger acquired in 2017. Mitchell Millowitz of Newmark Grubb Knight Frank represented Kroger in the lease transaction. Danielle Vennett of Crocker Partners and Jeff Kelley of CBRE represented the landlord.
Leasing Activity
NEW YORK CITY — Kelley Drye & Warren LLP, a New York-based law firm, has signed a 103,000-square-foot office lease at 3 World Trade Center in Manhattan. The firm will move to the 66th, 67th and 68th floors of the building in 2020, and will be the first law firm in the building. Other tenants in the building include advertising company GroupM, beverage company Diageo, mattress retailer Casper, and Hudson River Trading. Mary Ann Tighe, Ken Meyerson, Adam Foster, Evan Haskell, Steve Eynon, David Caperna and Rob Hill of CBRE represented the landlord, Silverstein Properties, in the transaction. Patrick Heeg and Ryan McKinney of Transwestern represented Kelley Drye.
WARREN, N.J. — JLL has negotiated a 35,000-square-foot office lease in Warren, about 30 miles west of New York City. Bohler Engineering, an Atlanta-based civil engineering company, will occupy the first two floors of 30 Independence Boulevard by March 2020. The engineering firm is relocating to the building from 35 Technology Drive in Warren. Griffin Capital was represented by Timothy Greiner, Dennis McConnell and Daniel Spero of JLL represented the landlord, Griffin Capital, in the transaction. Scott Lesh, Scott Stange Sr. and Daniel Loughlin of JLL represented Bohler.
HOUSTON — Empyrean Benefits Solutions Inc., a software provider for human resource departments, has signed a 108,109-square-foot office lease at Pinnacle Westchase, located at 3010 Briarpark Drive in Houston. David Husid, Derek Myers and Taylor Scheps of Newmark Knight Frank represented the tenant in the lease negotiations. Stream Realty Partners represented the landlord, Pinnacle Tenant LLC.
DALLAS — Bluebeam Inc., a California-based software developer for the construction industry, has inked a 20,000-square-foot office lease at One McKinney, a 15-story office building in Uptown Dallas. Robbie Baty, Shannon Nehrig, Shaun Stiles and Katie Cowan of Cushman & Wakefield represented the tenant in the lease negotiations. Elliot Prieur and Allison Johnston Frizzo represented the landlord, Gaedeke Group, on an internal basis.
FORT WORTH, TEXAS — Discount merchandiser Ollie’s Bargain Outlet has opened a 39,000-square-foot store at Camp Bowie West Center, a shopping center in Fort Worth. The property, which is currently undergoing a renovation project to upgrade facades, lighting and landscaping, offers proximity to both Interstates 30 and 820. Todd Hubbard, Jon McDaniel and Bobby Montgomery of NAI Robert Lynn represented the landlord, Sutherland Building Material Centers, in the lease negotiations. Ollie’s carries goods in more than 15 categories, including electronics, flooring and toys. Earlier this year, the retailer opened a 615,060-square-foot distribution hub in nearby Lancaster, Texas.
MOONACHIE, N.J. — Team Resources, a New Jersey-based firm, has negotiated a 23,000-square-foot industrial lease for New York-based wholesale merchandiser Icon Trade Services in Moonachie, a western suburb of New York City. The single-story warehouse features two loading docks, a drive-in door and an 18-foot ceiling height. David Knapel of Team Resources represented Icon in the lease negotiations, as well as the landlord, which was undisclosed.
NEW YORK CITY — Cushman & Wakefield, has negotiated a 5,500-square-foot retail lease for French beauty product chain Sephora in downtown Brooklyn. The retail space is located within the Atlantic Terminal Mall, across from the Barclays Center. The new store is scheduled to open in October. Brandon Singer, Ian Lerner, Alan Schmerzler and Diana Boutross of Cushman & Wakefield represented the landlord, New York-based Madison International, in the lease negotiations. Virginia Pittarelli of Crown Retail Services represented Sephora.
ARLINGTON HEIGHTS, ILL. — Tropical Smoothie Cafe, a fast-casual concept known for its smoothies and tropical food, is opening its 800th location. The restaurant, located at 115 W. Rand Road in Arlington Heights, is set to open this Friday, Sept. 6. Tropical Smoothie Cafe has grown at a rapid pace this year, opening its 750th location in May. Existing franchisee Hani Halloun, along with first-time franchisees Edward Joubran and Martin Khoshaba, will own and operate the new Arlington Heights location. There are currently seven Tropical Smoothie Cafe locations in the Chicago market, with 18 more in the pipeline.
FORT WORTH, TEXAS — Dallas-based Holt Lunsford Commercial has secured a 20,000-square-foot industrial lease at Mercantile Distribution Center in Fort Worth. Thomas Grafton and George Jennings with Holt Lunsford represented the tenant in the lease negotiations. Andrew Ward with Mercantile Partners represented the landlord.