Leasing Activity

HOUSTON — Locally based brokerage firm Finial Group has negotiated a 50,600-square-foot industrial lease renewal in northwest Houston. The tenant is Book Trolls Management Inc., and the space is located at 9600 Bamboo Road. According to LoopNet Inc., the single-tenant property was built on 3.3 acres in 1977. Chase Tucker of Finial Group represented the undisclosed landlord in the lease negotiations.

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BESSEMER, ALA. — First National Realty Partners (FNRP) has signed a lease with OneLife Fitness to bring Tannehill Promenade, a 347,151-square-foot shopping center located at 4889 Promenade Parkway in Bessemer, to 98 percent occupancy. OneLife Fitness will occupy the former 57,455-square-foot JC Penney space — which has been vacant at the shopping center since 2017. The regional fitness operator offers group fitness classes, personal training, spa-like recovery areas and upscale gym equipment. The new club is slated to open in December, marking the brand’s first location in the Birmingham market. Earlier this year, FNRP also signed a lease with Aqua Dermatology for over 2,300 square feet at Tannehill Promenade. Other tenants at the property include Publix, Target, Ross Dress for Less, T.J. Maxx and Burlington.

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CHERRY HILL, N.J. — Dick’s Sporting Goods will open an approximately 120,000-square-foot store under its “House of Sport” brand at Cherry Hill Mall in metro Philadelphia. The store will feature a climbing wall, multiple golf bays with TrackMan simulators, an outdoor track and field and a multi-sport cage that can be used for baseball, softball, lacrosse and soccer. The opening is slated for some time next year. PREIT owns Cherry Hill Mall.

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FORT WORTH, TEXAS — Locally based brokerage firm Holt Lunsford Commercial has negotiated a 27,000-square-foot industrial lease in North Fort Worth. The tenant is lithium-ion battery provider NuEnergy Storage Technologies, and the space is located within Northern Crossing, a four-building development that features 24-foot clear heights. Matt Carthey with Holt Lunsford represented the landlord, GID, in the lease negotiations. Jeff Jackson of NAI Robert Lynn represented the tenant.

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HOUSTON — Locally based commercial developer Braun Enterprises has opened a 12,000-square-foot coworking space in Houston under its Urban Office brand. Designed by BwCollier Interior Design and built by Yellow Crown Construction, the space is located at 1500 Waugh Drive and offers private office suites ranging from 100 to 400 square feet. Additional features include conference rooms, complimentary beverages, a podcast studio, mother’s room and lounge space.

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PALM BEACH GARDENS, FLA. — Edens has added a new wave of retailers to join the roster at Downtown Palm Beach Gardens, a 403,000-square-foot open-air retail center in Palm Beach Gardens. Recently opened concepts include Skin Laundry, MeTime Salon, TINA Stephens, ZOE Boutique and Vagabond Kids Apparel. Committed tenants that will open soon include Pura Vida Miami, Crew Factory, Sweathouz, Tweeds Custom Suits, Humanaut Health, Van Leeuwen Ice Cream, Muse Paint Bar and Laser Away. Existing tenants include Whole Foods Market, REI, CMX Cinemas, Life Time Fitness, The Cheesecake Factory, Sweetgreen and Yard House, among others. In addition to the new retail concepts, Edens has revitalized Downtown Palm Beach Gardens with facade work, new decorative elements, landscaping, signage and outdoor furniture at the development’s “Northern Strand” area near the REI and CMX Cinemas. Other improvements include installing five new interactive digital directories and adding a cut-through running east-west through the development.

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OKLAHOMA CITY — Trader Joe’s has signed a 16,975-square-foot retail lease in northwest Oklahoma City for its first grocery store in the state capital and fourth in the state. The space is located within the 155,000-square-foot Rockwell-Northwest Shopping Center, and Trader Joe’s will join Hobby Lobby and Burlington as the center’s anchor tenants. Tom Blanton with Blanton Property Co. represented the California-based grocer in the lease negotiations. Elise Lopez and Jim Martin internally represented the landlord, JAH Realty. A tentative opening date has not yet been determined.

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PALM BEACH GARDENS, FLA. — Trademark Property Co. has added a new wave of tenants to join Legacy Place, a 427,000-square-foot, open-air lifestyle shopping center located in Palm Bach Gardens. The new tenants include three fitness concepts: Yoga Joint (now open), Jet Set Pilates (opening this summer) and EoS Fitness (30,000 square feet, now open). Additionally, Tampa General Hospital Cancer Institute plans to open an 18,000-square-foot clinic at Legacy Place in 2026, and Cabinet IQ of Palm Beach plans to open its store this summer. Existing tenants at Legacy Place include Total Wine & More, Barnes & Noble, Ethan Allen, The Container Store, Best Buy, Bungalow Palm Beach, Prime IV and The Good Feet Store. Trademark assumed management of the 48-acre property in May 2024.

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LIBERTYVILLE, ILL. — A Fortune 100 aerospace company has signed a 36,149-square-foot industrial lease at Libertyville 45 Corporate Center in the Chicago suburb of Libertyville. The development features two buildings totaling 334,299 square feet. The project includes 4,449 square feet of speculative office space, 48 docks, a clear height of 32 feet and above-standard parking counts. Keith Puritz, Marc Samuels, Brett Kroner and Eric Fischer of Cushman & Wakefield represented ownership, Oak Brook, Ill.-based MWI Property Group. The tenant is the first to lease space at the speculative development, which was completed this year.

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BALTIMORE — MCB Real Estate has added Streets Market, a regional chain of grocery stores, to Reservoir Square, a $170 million mixed-use development underway in Baltimore. The project spans eight acres along the 600-850 block of West North Avenue. MCB is also adding locally based development firm Blank Slate Development to the project team, which includes the state-backed West North Avenue Development Authority. Streets Market will occupy 12,000 square feet on a 1.5-acre parcel that will also house 8,000 square feet of additional retail space. The grocery store is part of Phase II at Reservoir Square, which will include housing, additional retail options and the new 63,000 square-foot home to the Mayor’s Office of Employment Development (MOED), which is slated to open in 2026. Phase I includes for-sale homes currently under construction.

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