Leasing Activity

HOUSTON — NAI Partners has negotiated a 4,646-square-foot lease renewal and expansion at 5757 Woodway Drive in Houston for Luna Recovery, a local mental health provider that specializes in outpatient drug and alcohol addiction counseling. Taylor Wright of NAI Partners represented the tenant in the lease negotiations. Zachary Wolf of Braun Enterprises represented the landlord, 5757 Woodway Ltd., an entity owned by Braun Enterprises.

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PISCATAWAY, N.J. — Snack food manufacturer CLIO LLC has signed a 20,300-square-foot industrial lease in the Piscataway Corporate Center in Piscataway. CLIO will utilize the space at 141 Ethel Road West to manufacture and distribute their chocolate-dipped Greek yogurt bars. The property features 22-foot ceilings and energy-efficient HVAC systems. Jaime Zimmel of Zimmel Associates represented the owner, Denholtz Associates, in the transaction. Terms of the lease were not disclosed.  

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FORT WORTH, TEXAS — Caregiver Inc. has signed a 22,511-square-foot office lease at 4800 Overton Plaza in southwest Fort Worth that will serve as the company’s new headquarters. Pat McDowell and David Berzina of JLL represented Caregiver Inc. in the lease negotiations. Kirk Kelly of Transwestern represented the undisclosed landlord.

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CHICAGO — First Logistics, a third-party logistics company, has signed a 331,059-square-foot industrial lease in Chicago. The Illinois-based company is expanding from its current facility in Alsip and will occupy the new space immediately. Located at 2075 W. 43rd St., the speculative development spans 633,057 square feet and features a clear height of 32 feet. Known as Marina Crossings, the rail-served property is situated on 35 acres. Larry Goldwasser, Jason West, Colin Green, Matt Cowie and Michelle Maguire of Cushman and Wakefield represented the landlord, Marina Crossings Owner LLC, a joint venture between MAT Limited Partnership and institutional investors advised by J.P. Morgan Asset Management. Larry Hanley of Midwest Commercial Real Estate represented the tenant.

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BRASELTON, GA. — Havertys has renewed its 808,000-square-foot lease for its distribution center at 1090 Broadway in Braselton. The Atlanta-based retailer of residential furniture and accessories sells home furnishings online and through its 120 stores in 16 states. Lee Cardwell and Price Weaver of Colliers International’s Atlanta office represented Havertys in the lease transaction. Doug Smith and Joseph Kriss of Seefried Properties represented the landlord, UBS Realty Investors LLC.

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MELROSE PARK, ILL. — ODW Logistics Inc. has leased an entire 343,410-square-foot industrial building in Melrose Park. The property, which features railway access, includes 84 truck-level docks, 17 trailer positions, 10 rail doors, 120 car parking spaces, two air freight doors and 30,000 square feet of office space. John Joyce of Transwestern represented the landlord, TSP Melrose Park LLC. Dan McGillicuddy of JLL represented the tenant.

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ST. LOUIS — Lawrence Group, the developer for City Foundry STL, has unveiled that the 30,000-square-foot food hall at the mixed-use project is now 50 percent preleased. The lineup of food vendors is exclusive to the development and St. Louis. Tenants include CropCircle, serving country fair-type foods; Good Day, offering crepes and breakfast sandwiches; Hello Poke, serving fresh poke and seafood; Lost & Found, a burger and pizza joint; Juice Box Central, a drink station with juices and smoothies; Mokyu Mokyu, selling ice cream with a Japanese and Korean flair; Press Waffle Co.; serving made-to-order waffles; Sumax, known for its Middle Eastern hummus and wraps; and UKraft; offering breakfast bowls, sandwiches, and soups. City Foundry STL is the adaptive reuse of the former 10-acre Century Electric Foundry complex in St. Louis’ Midtown neighborhood. The $210 million first phase will include 122,000 square feet of restaurant and entertainment space, 105,000 square feet of shops and 107,000 square feet of office space. Additional tenants will be announced this spring. Phase I is slated to begin opening in mid-2019.

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ATLANTA — The Shopping Center Group has signed two tenants to join the renovated Ford Factory Lofts along the Atlanta BeltLine’s Eastside Trail. The addition of Rina’s Kitchen and Ponce Dental Group brings the project’s occupancy rate to 70 percent. Ford Factory Lofts is on the street and trail side of the BeltLine and adjacent to the Kroger redevelopment. Rina’s Kitchen signed a 10-year lease for 2,425 square feet of space facing the BeltLine. The restaurant will serve Israeli street food. Ponce Dental Group also signed a 10-year lease for 3,300 square feet of space facing the new Kroger. Construction has begun on both spaces. Other tenants at Ford Factory Lofts include Xfinity, Chin Chin, Carriage Cleaners and Heavenly Foot Massage. Originally built by the Ford Motor Co. in 1914, the four-story building along Ponce de Leon Avenue was once home to one of the earliest automotive assembly plants in the Southeast, building classic cars such as the Ford Model T.  The 150,000-square-foot building was later used by the U.S. Army Department of Defense before its conversion into residential lofts in 1987.

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CHICAGO — Mondelez International, a global snacks company, has leased 905 West Fulton Market in Chicago for its new headquarters. The company will relocate from Deerfield, Ill. Mondelez will occupy all 77,100 square feet of office space within the five-story building as well as 6,150 square feet of retail space. Thor Equities Group is the landlord for the property, which is still under construction. The building has three distinct facades, contiguous floor plates, a landscaped terrace and green roof, and 300 square feet of retail frontage. Approximately 10,000 square feet of retail space remains available for lease. The building is scheduled for completion in summer 2019, and Mondelez is planning to relocate in April 2020.

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BIRMINGHAM, ALA. — Shipt, a same-day delivery marketplace based in Birmingham that was purchased by Target Corp. in December 2017, will become the anchor tenant of Shipt Tower, currently known as Wells Fargo Tower. The 30-story, 514,893-square-foot building is located at 420 20th St. North in Birmingham’s central business district. According to local media outlets, Shipt signed a 60,000-square-foot lease with building owner Hertz Investment Group, and Philip Currie of J.H. Berry Commercial Real Estate represented Shipt in the lease negotiations. The tallest skyscraper in Birmingham will undergo renovations in Shipt’s space, the lobby and common areas, and will bear the Shipt logo in 2020. Bill Smith launched Shipt in 2014 in his hometown of Birmingham and has expanded its service to cover 250 markets across the country. Last summer, Shipt announced its intentions to keep its headquarters in Birmingham and create an additional 881 jobs. The company will maintain its headquarters in the nearby John Hand Building.

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