Leasing Activity

Avison Young Arranges 691,275 SF Industrial Lease in Rock Hill, South Carolina

by John Nelson January 23, 2025

ROCK HILL, S.C. — Avison Young has arranged a 691,275-square-foot industrial lease at Legacy Park East, a Class A industrial park in Rock Hill, a South Carolina suburb of Charlotte. Chris Skibinski, Tom Tropeano, Henry Lobb and Abby Rights of Avison Young represented the landlord, Scannell Properties, in the lease transaction. The unnamed tenant is a leading manufacturer of sustainable packaging. Legacy Park East is located one mile from I-77 at 2087 Williams Industrial Blvd. The property’s four existing buildings are now fully leased, with the remaining three development sites able to accommodate distribution and manufacturing users.

January 23, 2025

Georgia Leasing Activity Mixed-Use Restaurant Retail Southeast

Five New Tenants Join Atlantic Station Roster in Midtown Atlanta

by John Nelson January 22, 2025

ATLANTA — Five new retailers and restaurants have joined the tenant roster at Atlantic Station, a 138-acre mixed-use development in Midtown Atlanta. Houston-based Hines, which has owned the retail portion of the property since 2015, recently signed donut and desserts eatery Yonutz; cookie concept Munster Cravings; candle-making experiential retailer Candleporium Fragrance House; and car wash and detailing shop Dirty Horse Paint Protection and Auto Detailing to the lineup. Additionally, Lucky Strike Entertainment has backfilled and rebranded Atlantic Station’s Bowlero bowling alley. Opened in 2005, Atlantic Station features 523,511 square feet of retail, entertainment and restaurant space; 2 million square feet of Class A office space, including offices for Microsoft; two full-service hotels; multiple apartments, lofts and luxury condo residences; and freestanding IKEA, Target and Dillard’s stores.

January 22, 2025

Leasing Activity Massachusetts Northeast Office

Commonwealth Financial Network Signs 151,765 SF Office Lease in Waltham, Massachusetts

by Taylor Williams January 22, 2025

WALTHAM, MASS. — Commonwealth Financial Network has signed a 151,765-square-foot office lease in Waltham, a western suburb of Boston. The provider of comprehensive services to the financial advisory community is taking space at 275 Wyman Street, a five-story, 300,000-square-foot building that is part of a larger 2.2 million-square-foot campus. CBRE represented the landlord, Hobbs Brook Real Estate, in the lease negotiations. Newmark represented the tenant, which plans to take occupancy of its new space in the first quarter of 2026.

January 22, 2025

Leasing Activity Office Texas

ECR Negotiates 20,122 SF Office Lease in Southeast Austin

by Taylor Williams January 21, 2025

AUSTIN, TEXAS — Equitable Commercial Realty (ECR) has negotiated a 20,122-square-foot office lease in southeast Austin. The tenant, locally based technology infrastructure provider Fathom5, will occupy space at Bergstrom Tech Center, a 208,374-square-foot facility that was originally constructed in 1986 for defense contractor Lockheed Martin. ECR represented the landlord, Boyd Watterson Asset Management, in the lease negotiations. Colliers represented the tenant.

January 21, 2025

Development Leasing Activity Mixed-Use North Carolina Restaurant Retail Southeast

Crosland, Core Sound Sign 11 Tenants to Wallbrook Mixed-Use Project Near Raleigh

by John Nelson January 21, 2025

ROLESVILLE, N.C. — Crosland Southeast and Core Sound Development has signed 11 new tenants to Wallbrook, an 80-acre mixed-use development located in Rolesville, roughly 17 miles northwest of Raleigh. Publix will anchor the property, which is scheduled to open its initial phase in mid-2025. The developers have preleased 21,000 square feet to tenants including restaurants, a dental practice, hair salon, massage parlor and Pilates gym. Additionally, Fifth Third Bank has signed a ground lease at an outparcel. Approximately 9,000 square feet of space is still available for lease at the property. Crosland is planning for a second phase with preleasing beginning this spring. Charlie Coyne and Matt Larson of CBRE are leading leasing efforts at Wallbrook, which will have 265,000 square feet of commercial space when fully built-out.

January 21, 2025

Leasing Activity New York Northeast Office

CBRE to Open 64,350 SF ‘Global Financial Headquarters’ Office in Manhattan

by Taylor Williams January 21, 2025

NEW YORK CITY — CBRE will open a 64,350-square-foot “global financial headquarters” office at 390 Park Avenue in Manhattan. The space spans six floors within the building, which is known locally as Lever House and recently underwent a $100 million capital improvement program. Coworking concept Industrious, which CBRE recently agreed to acquire, designed and will operate the space. Occupancy is slated for the fourth quarter. A partnership between WatermanClark and Brookfield Properties owns 390 Park Avenue.

January 21, 2025

Leasing Activity Office Texas

ECR Negotiates 30,884 SF Office Lease in Southeast Austin

by Taylor Williams January 20, 2025

AUSTIN, TEXAS — Equitable Commercial Realty (ECR) has negotiated a 30,884-square-foot office lease in southeast Austin. The tenant, Prometheus Security Group Global, will occupy space at Bergstrom Tech Center, a 208,374-square-foot facility that was originally constructed in 1986 for defense contractor Lockheed Martin. ECR represented the landlord, Boyd Watterson Asset Management, in the lease negotiations. Endeavor Real Estate Group represented the tenant.

January 20, 2025

Industrial Leasing Activity Texas

Coated Metals Group Signs 27,075 SF Industrial Lease in Buda, Texas

by Taylor Williams January 20, 2025

BUDA, TEXAS — Coated Metals Group has signed a 27,075-square-foot industrial lease in Buda, a southern suburb of Austin. The manufacturer of prefinished steel products is taking space at Building 7 of Buda Midway, a development whose second phase comprises four buildings totaling 382,000 square feet. Phase II buildings feature 30- to 32-foot clear heights and speculative office space. Leigh Ellis, Blake Patterson and Omar Nasser of AQUILA Commercial represented the landlord, United Properties, in the lease negotiations.

January 20, 2025

Illinois Leasing Activity Midwest Office

ComPsych Corp. Signs 50,000 SF Headquarters Lease at Prudential Plaza in Chicago

by Kristin Harlow January 20, 2025

CHICAGO — ComPsych Corp. has signed a 50,000-square-foot headquarters lease at Prudential Plaza in Chicago. The mental health, well-being and absence management company will move from NBC Tower, where it occupies 152,000 square feet, to the seventh floor of One Pru in the first quarter of 2027. Wanxiang America Real Estate Group owns the property. Annie Kwasigroch and Dan Heckman of Riverside Investment & Development represented ownership in the lease, while Brian Means and Kellen Monti of JLL represented ComPsych. Prudential Plaza began a multimillion-dollar renovation and rebranding campaign in late 2023 that is ongoing. A glass-enclosed walkway connecting One and Two Pru will is expected to be completed in the next 60 days, enabling tenants to flow between the expanded 72,000-square-foot amenity space across the 11th floor. Other upgrades include a new 20,000-square-foot conferencing center, new coworking spaces, a fully staffed bar with grab-and-go coffee and food options and an entertainment suite with two golf simulators. Additional renovations are underway such as cold plunges and infrared saunas for the fitness center. Later this year, the outdoor deck will be expanded to include a new pickleball court and bar area overlooking Millennium Park. Completed in 1955 and renovated in 2014, …

January 20, 2025

Industrial Leasing Activity Texas

Cintas Corp. Signs 32,880 SF Industrial Lease in Buda, Texas

by Taylor Williams January 17, 2025

BUDA, TEXAS — Cintas Corp. has signed a 32,880-square-foot industrial lease in Buda, a southern suburb of Austin. The Ohio-based provider of uniforms and cleaning supplies is taking space at Building 6 of Buda Midway, a development whose second phase comprises four buildings totaling 382,000 square feet. Phase II buildings feature 30- to 32-foot clear heights and speculative office space. Leigh Ellis, Blake Patterson and Omar Nasser of AQUILA Commercial represented the landlord, United Properties, in the lease negotiations.

January 17, 2025

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