JERSEY CITY, N.J. — Kessler Rehabilitation Center will open a 125,000-square-foot office and clinic at the Harborside mixed-use campus in Jersey City. The space spans the top two floors of Building 6 and can support creative office, production studio, medical and retail uses. Jamie Drummond, Dan Reider and John Crawford of Newmark represented the landlord, American Equity Partners, in the lease negotiations. A tentative opening date was not announced.
HOUSTON — Black Stone Minerals has signed a 55,082-square-foot office lease renewal at 1001 Fannin in downtown Houston. The locally based energy company also renewed its lease in 2023 at the 49-story, 1.3 million-square-foot building, which recently underwent a multimillion-dollar capital improvement program. Chip Colvill and Brad Beasley of Partners Real Estate represented the landlord, JMB Realty, in the lease negotiations. Trey Strake and David Guion of Cushman & Wakefield represented Black Stone Minerals.
CINNAMINSON, N.J. — Cushman & Wakefield has negotiated a 1.2 million-square-foot industrial lease at Box Park Logistics Center in the Southern New Jersey community of Cinnaminson. The tenant was not disclosed, but the Philadelphia Business Journal reports that the new user is logistics firm Performance Team. The recently refinanced warehouse has adjacent land available for a build-to-suit facility of up to 300,000 square feet. Building features include a clear height of 40 feet, four drive-in doors, 188-foot truck court depths, an ESFR sprinkler system and parking for 549 cars and 216 trailers. John Gartland, Jonas Skovdal, Bill Waxman, Mindy Lissner and Sean Duncan of Cushman & Wakefield, along with internal agents Mark Glagola and J.C. Hay, represented the landlord, Logistics Property Co., in the lease negotiations. Eric Demmers of NAI Hanson represented the tenant.
BALTIMORE — PricewaterhouseCoopers LLP (PwC), one of the “big four” global accounting firms, has leased space for its new Baltimore regional headquarters. The company has leased 23,000 square feet of office space at the Rye Street Market building within Baltimore Peninsula, a $5.5 billion master-planned development in south Baltimore. PwC is moving from 100 E. Pratt St. and will take occupancy at Baltimore Peninsula in late 2026, according to the Baltimore Business Journal. MAG Partners and MacFarlane Partners lead the development team for Baltimore Peninsula, which includes Under Armour founder Kevin Plank’s Sagamore Ventures and Goldman Sachs Asset Management’s Urban Investment Group. Other office tenants at the Rye Street Market building include the Baltimore Ravens NFL team, Longeviti Neuro Solutions, OBM, Chambers and MAG Partners, according to local media outlets.
INGLEWOOD, CALIF. — Five new tenants have signed leases to join the Shops at Hollywood Park, the 390,000-square-foot retail district located within the larger Hollywood Park mixed-use development in Inglewood. The new round of leases — which total 13,000 square feet — includes food-and-beverage concepts Raising Cane’s, The Melt, Panini Kabob Grill, Lan Noodle and Rhythm Bar and Lounge. Hollywood Park is owned, developed and operated by Los Angeles Rams owner Stanley Kroenke. Hollywood Park spans 300 acres across 890,000 square feet. In addition to retail, the development features hospitality, residential, office and entertainment space, as well as public parks. Construction of Hollywood Park Studios, a film studio and Olympic broadcast facility, is scheduled to begin at the property this summer. Additional retail tenants include Cinépolis Luxury Cinemas, JD Sports, Iconix Fitness, Cosm and The Meeting Spot, with Phenix Salon Suites, Code Next Lab and Verizon Wireless opening soon.
ATLANTA — Atlanta-based Lalani Ventures, in partnership with Ravine, will open a 181,000-square-foot live music and performance venue at Underground Atlanta, a shopping and entertainment district situated in the Five Points neighborhood of south downtown Atlanta. Following the closure of its former location in 2021, Ravine’s new location, Ravine at Underground, will feature two stages with covered indoor and outdoor event space. One stage will accommodate 6,000 guests, while the other stage will accommodate 2,500 patrons. Ravine at Underground will join additional entertainment venues at Underground Atlanta, including The Masquerade, a four-hall concert venue; The Frisky Whisker, a sound gallery and art space that includes a cat research and therapy center; and a 30,000-square-foot event hall.
CHICAGO — Glenstar has executed three office leases totaling 100,000 square feet at Presidents Plaza, a two-tower, 831,442-square-foot office complex situated near the Chicago O’Hare International Airport. A joint venture between Glenstar and a private investor purchased the property in October 2024. FM, a global commercial property insurance and loss prevention company, will relocate its regional office from Park Ridge, Ill., to a 40,000-square-foot space at Presidents Plaza. Formerly known as FM Global, the company has a network of offices in the U.S. and internationally. Glenstar also executed a 40,000-square-foot lease with Do It Best, a Fort Wayne, Ind.-based home improvement retailer that acquired True Value last year. In the third lease, current tenant Meitheal Pharmaceuticals signed a 20,000-square-foot expansion that doubles its footprint to 40,000 square feet. Presidents Plaza ownership is investing $16 million in improvements across the two buildings. A golf simulator is slated to open this summer. Spec suites are also being constructed. These improvements add to the property’s $34 million in renovations completed in 2022 that included the redevelopment of a three-story atrium lobby, three-level health club, fully renovated lounge, café with seating and conference center.
NAPERVILLE, ILL. — Core Industrial Realty has negotiated a long-term industrial lease totaling 159,000 square feet at 1301 Frontenac Road in the Chicago suburb of Naperville. The building features 8,000 square feet of office space, ample loading space and more than 8,000 amps of power. Noel Liston and Nick Krejci of Core Industrial Realty represented the undisclosed landlord. Joe Karmin of Transwestern represented the tenant, CCS, an equipment and supply distribution company.
NEW CANEY, TEXAS — Havertys Furniture will open a 41,500-square-foot showroom at Valley Ranch, a master-planned development located northeast of Houston in New Caney. The space will feature an open layout and will be the third in the greater Houston area for the Atlanta-based retailer. The opening is slated for the fall. Signorelli Co. owns Valley Ranch.
NEW YORK CITY — New York University (NYU) has signed a long-term lease for more than 1 million square feet at 770 Broadway in Lower Manhattan. The 1.1 million-square-foot building is adjacent to the university’s campus and is currently home to a number of tenants that occupy about half the space, and NYU plans to assume the existing leases of these users. Grocer Wegman’s will remain a tenant within the building’s retail space. The first stage of NYU’s programming for 770 Broadway will involve the conversion of vacant floors to science and technology uses, including laboratories, classrooms and workstations, as a means of consolidating faculty and research initiatives under a single collaboration hub. Law firm Fried Frank advised NYU on the transaction, which the academic institution estimates will reduce rental expenses by more than $800 million over the first 30 years.