MIAMI — Avison Young has arranged two leases totaling 184,718 square feet. within Dolphin Commerce Center in Miami. Roca Tile USA signed a 134,383-square-foot lease renewal and expansion, adding 25,745 square feet to its footprint within the business park. FastKit Corp., a custom packing and printing company, renewed its 50,335-square-foot lease. Dolphin Commerce Center spans 750,000 square feet about 15 miles west of downtown Miami and about 10 miles west of Miami International Airport.
FRISCO, TEXAS — Keurig Dr Pepper (NYSE: KDP) will relocate its Texas headquarters from Plano to a 350,000-square-foot office space at The Star in Frisco. The build-to-suit property will serve as the company’s second headquarters alongside its current office in Burlington, Mass. Approximately 1,100 employees work in the current Plano location, which KDP has occupied since 1998. The new space is expected to be available for occupancy in 2021.
DALLAS — CBRE Hana, the newly formed coworking subsidiary of the Los Angeles-based full-service real estate firm, will open its first space within PwC Tower at Park District, a 500,000-square-foot office building in Dallas. The space will offer private office suites, conferencing facilities and event space, and the location offers walkability to the Uptown and Arts District areas, as well as Klyde Warren Park. The space is expected to open in mid-2019.
CARROLLTON, TEXAS — Lee & Associates has negotiated a 55,232-square-foot industrial lease at 2080 McDaniel Drive in the northern Dallas metro of Carrollton. Nathan Denton of Lee & Associates represented the tenant, Buzzballz, a provider of alcoholic beverages, in the lease negotiations. Gil Stroube and Michael Peinado of Lincoln Property Co. represented the landlord, Prologis.
HOLLAND, MICH. — Martin Commercial Properties has negotiated three retail leases totaling 6,300 square feet at Holland Town Center. The tenants include Michigan Pantry, MBH Stores and Art as a Lifestyle. Robert Lotzar of Martin represented the undisclosed landlord in each of the lease transactions. The retail center, located at 12330 James St., was recently renovated.
CAMBRIDGE, MASS. — Google has signed a 15-year lease for 362,000 square feet at 325 Main St. in the Kendall Square neighborhood of Cambridge. The lease agreement brings Google’s total footprint in Cambridge to more than 800,000 square feet. The new, 16-story building at 325 Main St. will include approximately 400,000 rentable square feet. The property will replace the existing 115,000-square-foot building currently on site. Construction is expected to commence later this year and be completed in 2022. Boston Properties is developing the new, 16-story building at 325 Main St.
ATLANTA — Emory Healthcare has signed a 28,000-square-foot lease at Baltimore Block across from Emory University Hospital Midtown in Midtown Atlanta. Emory Healthcare will move its finance and materials management operation to the newly leased space. Baltimore Block is a recently renovated historic office development that was originally built in 1885. Gamma Real Estate and Meltzer Properties acquired the asset in 2015 and completed a $4.5 million renovation. The 104,000-square-foot building is now 91 percent leased. Claire Ross and Mike Werner of JLL represented the landlord, in the lease transaction. Bruce Propst of Cushman & Wakefield represented the tenant.
AUBURN HILLS, MICH. — Colliers International has negotiated a 137,560-square-foot industrial lease at 50 Continental Drive in Auburn Hills for Samsung SDI America Inc. Magnum Industrial Building Co. will complete a $62.7 million high-volume battery pack manufacturing facility on behalf of the tenant. The facility will serve as the center of Samsung’s automotive battery operations, as well as its North American headquarters, research and development tech center and manufacturing operations. Samsung is expected to occupy the space this spring. Peter E. Kepic and Peter J. Kepic of Colliers International represented the landlord, Joel Nosanchuk, in the lease transaction.
LINCOLNSHIRE, ILL. — Manhard Consulting has signed a 17,989-square-foot office lease at 1 Overlook Point within Lincolnshire Corporate Center. Manhard Consulting is a full-service civil engineering and surveying firm. The company was previously based in Vernon Hills. The office property recently underwent a renovation with a new amenity center. Nicholas Panarese of Van Vlissingen and Co. represented the landlord, Van Vlissingen and Co.
CHANDLER, ARIZ. — Z Modular, a division of Zekelman Industries, has signed a 10-year lease for industrial space at 6205 S. Arizona Ave. in Chandler. The manufacturer of prefabricated steel structures for commercial buildings will occupy 222,000 square feet at the property. The modular structures are constructed in-house with final assembly occurring on-site, where the steel modules are stacked and connected together. The company plans to hire approximately 150 new employees to the region and will invest $17 million in tenant improvements and equipment, including a significant amount of robotic machinery. Stein Koss and Tom Louer of Lee & Associates, along with Kristina Hayes with KW Commercial, handled the deal.