Leasing Activity

Multiply, Orion Genomics Sign Office Leases at City Foundry Development in St. Louis

by Kristin Harlow May 18, 2018

ST. LOUIS — Digital publishing and technology firm Multiply and DNA technology company Orion Genomics have signed office leases at City Foundry in St. Louis. Together, the two companies will occupy 30,000 square feet and add almost 100 employees to the development. Previously announced leases at City Foundry include Alamo Drafthouse Theaters, Punch Bowl Social and Fassler Hall. Construction is expected to begin this summer with completion slated for the second half of 2019. Steve Smith is the developer of the $187 million mixed-use project, which involves the adaptive reuse of the former Century Electric Foundry complex. S.M. Wilson is the construction manager and Lawrence Group is the architect.

May 18, 2018

Leasing Activity New York Northeast Office

Law Firm Blank Rome Signs 138,000 SF Lease in Midtown Manhattan

by David Cohen May 17, 2018

NEW YORK CITY — Rockefeller Group has signed Blank Rome to a 138,000-square-foot office lease at 1271 Avenue of the Americas. Blank Rome will occupy floors 15 through 17, as well as part of the 14th floor. The law firm plans to relocate from the Chrysler Building in 2019. Ken Rapp, David Kleinhandler, Tim Dempsey and Zachary Weil of CBRE represented Blank Rome in the transaction. Built in 1959, the 48-story skyscraper was originally designed by Harrison & Abramovitz & Harris, the architects for all of Rockefeller Center. 1271 Avenue of the Americas is currently undergoing extensive renovations designed by the architectural firm Pei Cobb Freed & Partners. The project began in 2016 and is slated to be complete by the end of 2019. Major League Baseball and Mizuho Americas have also recently signed leases at the building.

May 17, 2018

Alabama Development Leasing Activity Mixed-Use Restaurant Retail Southeast

RCP Signs Three Restaurant Concepts to Join $350M MidCity Project in Huntsville

by Camren Skelton May 17, 2018

HUNTSVILLE, ALA. — RCP Cos. has signed three restaurant concepts to join the tenant lineup at MidCity, a $350 million mixed-use development under construction in Huntsville. Two celebrity-driven dining concepts — Wahlburgers and Rascal Flatts — will open first-to-market locations at the project. Wahlburgers, owned by reality TV and movie star brothers Mark, Donnie and chef Paul Wahlberg, will open a 4,000-square-foot location at the development. The location will be Wahlburgers’ second in Alabama. Construction on the restaurant is expected to begin this year, with a scheduled opening in 2019. Rascal Flatts — named for and endorsed by the country music band of the same name — will open a 7,500-square-foot restaurant that will feature a Southern-inspired menu, live entertainment, sound stage, a bar and retail space. Currently und er design, Rascal Flatts will be located across the bridge from Topgolf. Upon opening in 2019, the location will mark the restaurant’s first in the Southeast. In addition, Alchemy Lounge, a coffee house that offers an assortment of coffee, craft beer and other beverages and treats, will open at The Camp, MidCity’s music and arts outdoor entertainment venue. Currently under construction, the venue is scheduled to open in June. The new …

May 17, 2018

Kentucky Leasing Activity Retail Southeast

CBL Properties Inks Lease with Entertainment Retailer to Backfill Former Macy’s in Louisville Mall

by Camren Skelton May 17, 2018

LOUISVILLE, KY. — CBL Properties has signed a lease with Round1 Bowling & Amusement at Jefferson Mall, a 904,967-square-foot regional mall in Louisville. The announcement is part of the first phase of the property’s redevelopment plans. The new-to-market entertainment concept will backfill the space formerly occupied by Macy’s. Construction on the new space is currently underway. Round1 offers bowling, an arcade, karaoke, billiards, food and beverages. As of May 2018, the Japanese-based company had 21 locations in the United States. The new location at Jefferson Mall will be the retailer’s first in Kentucky. Chattanooga, Tenn.-based CBL Properties is also in the planning stages for the redevelopment of the Sears building at Jefferson Mall, which will include a mix of dining, entertainment and retail.

May 17, 2018

Leasing Activity Midwest Office Wisconsin

ISG to Move into WaterMark Building in Downtown Green Bay, Wisconsin

by Kristin Harlow May 17, 2018

GREEN BAY, WIS. — Architecture, engineering, environmental and planning firm ISG is moving into the WaterMark building in downtown Green Bay. The firm will occupy 14,000 square feet. ISG is currently designing its new space on the third floor and anticipates a September 2018 move-in. After acquiring Raasch Associates in September 2016, ISG has grown its Green Bay presence by more than 40 percent. Three Sixty Real Estate Solutions LLC developed the six-story WaterMark building, which anchors the CityDeck, a community venue for dining and outdoor concerts.

May 17, 2018

Leasing Activity New York Northeast Office

Cushman & Wakefield Arranges 90,000 SF of Leases at Office Tower in White Plains

by David Cohen May 16, 2018

WHITE PLAINS, N.Y. — Cushman & Wakefield has arranged two new leases and six lease renewals totaling 90,000 square feet at the Westchester One, a 21-story, 907,000-square-foot office tower in White Plains. The property is located at 44 S. Broadway in the central business district of White Plains. Cushman & Wakefield served as the exclusive leasing agent for building owner Argent Ventures. The two new leases included a 9,982-square-foot lease for nursing agency Senior Home Care and a 3,286-square-foot lease for Cognetic Capital Advisors. The renewals included a 46,682-square-foot lease by insurance broker Willis Towers Watson; a 17,728-square-foot lease by French banker Societe Generale; and an 8,974-square-foot lease by Trans-Continental Credit and Collection. Additionally, software company Nexant will relocate from the fourth floor to 5,951 square feet on the fifth floor. Argent Ventures is in the process of a multi-million-dollar capital improvement plan that will include an expanded and updated cafeteria, enhanced lobby finishes, parking garage renovations and elevator upgrades.

May 16, 2018

Industrial Leasing Activity Michigan Midwest

Battery Solutions Signs 94,000 SF Industrial Lease in Milford, Michigan

by Kristin Harlow May 16, 2018

MILFORD, MICH. — Battery Solutions has signed a 94,000-square-foot industrial lease in Milford, about 40 miles northwest of Detroit. The property, located at 2950 Holtz Drive, will serve as the battery recycling company’s North American headquarters. Jim Montgomery of Signature Associates represented both the tenant and the landlord, Holtz Drive SW.

May 16, 2018

Iowa Leasing Activity Midwest Retail

Lucky Brand Opens at 300,000 SF Outlets of Des Moines

by Jeff Shaw May 14, 2018

ALTOONA, IOWA — Fashion retailer Lucky Brand has opened at the 300,000-square-foot Outlets of Des Moines in Altoona. The 5,500-square-foot store is the first Iowa location for the retailer, according to the Des Moines Register. Lucky Brand will carry vintage-inspired denim, apparel and accessories for men and women at the new location. New England Development opened the Outlets of Des Moines in October 2017. Lucky Brand joins tenants such as Nike Factory Store, LOFT Outlet, Brooks Brothers, Converse, Tommy Hilfiger and Vera Bradley.

May 14, 2018

Leasing Activity Midwest Office Wisconsin

HSA Bank Extends Office Lease in Milwaukee, Plans Expansion

by Kristin Harlow May 11, 2018

MILWAUKEE — HSA Bank, a division of Webster Bank NA and provider of consumer-directed health accounts, has extended the lease on its 57,517-square-foot office space in Milwaukee. The bank is also expanding by 10,725 square feet. HSA Bank is located on the second floor of Schlitz Park’s RiverCenter building at 1515 N. RiverCenter Drive. The office is home to 335 employees. Ned Purtell and Jenna Maguire of Founders 3 Real Estate Services represented Schlitz Park in the lease transaction. Drew Saunders and Dan Jessup of JLL represented the tenant. The expansion is expected to be complete this summer.

May 11, 2018

Illinois Industrial Leasing Activity Midwest

Toshiba Signs 58,760 SF Industrial Lease in Elk Grove Village, Illinois

by Kristin Harlow May 11, 2018

ELK GROVE VILLAGE, ILL. — Toshiba Machine Co. has signed a 58,760-square-foot industrial lease in Elk Grove Village. The building, located at 695 Touhy Ave., will serve as a supplemental facility, complementing Toshiba’s existing U.S. headquarters facility located at 755 Greenleaf Ave., also in Elk Grove Village. The new location will house research and development and distribution operations for Toshiba’s Plastic Injection and Machine Tools divisions. Chris Lydon of Avison Young represented the tenant in the lease transaction. Al Caruana and Britt Casey of Cushman & Wakefield represented the undisclosed landlord.

May 11, 2018

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