Leasing Activity

ST. CHARLES, MO. — Several new retail tenants are slated to open this spring and summer at The Streets of St. Charles, a mixed-use community near St. Louis owned and managed by Cullinan Properties Ltd. Cherry Blow Dry Bar opened on Wednesday, March 6. Next on the list is Play Street Museum, an interactive play environment set to open on Monday, March 25. Also scheduled to open this spring and summer are Narwhal’s Crafted, a frozen cocktail bar, and YogaSix. Cullinan Properties previously announced the addition of Elekta as the newest office tenant. The Streets of St. Charles is a 27-acre mixed-use development.

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Meachum-Crossing-Fort-Worth

FORT WORTH, TEXAS — Holt Lunsford Commercial has negotiated an industrial lease at Meachum Crossing, a 183,832-square-foot industrial facility in Fort Worth. Meachum Crossing features 30- to 32-foot clear heights, 31 overhead dock doors, 22 trailer parking spaces and an ESFR sprinkler system. Donnie Rohde and Matt Carthey of Holt Lunsford represented the landlord, Mapletree, in the lease negotiations. Bob Scully of CBRE represented the tenant, ITW Food Equipment.

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FORT WORTH, TEXAS — Team ProMark, a supplier of licensed sports merchandise, has relocated its headquarters from Colorado to Fort Worth, signing a 24,506-square foot office/warehouse lease at 5001 North Freeway. Nick Talley of Bradford Commercial Real Estate Services represented Team ProMark, which will occupy roughly half the space at the property for seven years, in the lease negotiations. Jeff Givens and Todd Hawpe of Transwestern represented the landlord, 5001 North Freeway LLC.

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NEW YORK CITY — Marketing technology company Contently has signed a 13,146-square-foot lease at 44 Wall St. in Manhattan’s financial district. The company will relocate its headquarters from 598 Broadway to a portion of the 13th floor of the 24-story tower. Contently is the content marketing solution for a number of brands, including American Express, Bayer, Dell Technologies, JPMorgan Chase, Marriott and Walmart. Contently was represented in the transaction by Freddie Fackelmayer, Anthony Dattoma, and Zach Breit of CBRE. The building owner, EQ Office, was represented by Zachary Price, Michael Rizzo, Jeffrey Fischer and Caroline Merck of CBRE.

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NEW BERN, N.C. — Columbia Development has signed leases with HomeGoods and Rack Room Shoes to anchor Phase II of New Bern Marketplace in New Bern, a town situated along the Neuse River near the Atlantic Ocean. HomeGoods will occupy 22,000 square feet of space while Rack Room Shoes will occupy 6,139 square feet. Phase II is underway with both stores expected to open in early 2020. Columbia Development is developing the 330,000-square-foot neighborhood center and recently opened the nation’s largest Harris Teeter, as well as other tenants including Academy Sports + Outdoors, Hobby Lobby, Ross Dress for Less and Ulta Beauty. Located at the intersection of Dr. Martin Luther King Jr. Boulevard and South Glenburnie Road, New Bern Marketplace is 90 percent leased. The Shopping Center Group represented the landlord in the lease transactions.

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DENTON AND ADDISON, TEXAS — Venture Commercial has executed two restaurant leases totaling 11,225 square feet in North Texas. The Lion & Crown, an English-style pub, will occupy 9,700 square feet at 101 W. Hickory St. in Denton, and 3 Natives Juice Bar has signed a 1,525-square-foot lease at 5100 Belt Line Road in Addison. In the first transaction, Greg Blandford of Venture Commercial represented the tenant, and Alex Payne of Axis Realty Group of Denton Inc. represented the landlord. In the second deal, Tim Henson of Venture Commercial represented the tenant and Amanda Throckmorton and Easley Waggoner, also with Venture Commercial, represented the landlord.

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CHICAGO — United Airlines has decided to keep its headquarters at Willis Tower in Chicago. The airline will partner with the building’s owner, Blackstone, to make major investments in transforming the workspace over the coming months and years. United plans to redesign workspaces to enable employees to better collaborate and use the latest technology. The investments are also part of an initiative to recruit and retain top talent from Chicagoland. The new agreement extends United’s existing 850,000-square-foot lease to March 31, 2033. Molly Carroll, Andrea Van Gelder, Kevin Rogers and Alexa Jennings of JLL represented United in the lease transaction. Blackstone is already in the midst of a $500 million renovation at Willis Tower for all tenants.

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NEW YORK CITY — Alliant Insurance Services Inc. has signed a lease to occupy 48,500 square feet at 101 Park Avenue, a 49-story office asset owned by H.J. Kalikow & Co. LLC in Midtown Manhattan. The office lease is for a period of 11 years. Alliant will occupy two floors at the property. Situated at the corner of Park Avenue and 40th Street, the property offers proximity to Grand Central Station, the Chrysler Building and the New York Public Library. Amenities at 101 Park Avenue include a parking garage, bank, dining options and concierge services. John Cefaly and Nicholas Dysenchuk of Cushman & Wakefield represented the landlord in the lease negotiations. Joseph Cabrera and David Glassman of Colliers International represented Alliant.

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TOLEDO, OHIO — Thyssenkrupp Supply Chain Services NA Inc. has signed a 119,952-square-foot industrial lease in Toledo. The 1.1 million-square-foot building is situated on 46 acres at 315 Matzinger Road. Ron Jurgenson of Reichle Klein Group represented the landlord, I.B.C. Inc. Jerry Malek of Reichle Klein and Peter J. Kepic of Colliers International represented the tenant. The lease is for four years and five months.

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