Leasing Activity

BENSENVILLE, ILL. — American Bear Logistics Corp. has signed a 56,264-square-foot industrial lease at 1065 Thorndale Ave. in the Chicago suburb of Bensenville. Chris Nelson and Calvin Gunn of Lee & Associates represented the landlord, Prologis. Nick Krejci of CORE Industrial Realty represented the tenant, which is a logistics company that focuses on integrating international freight forwarding, warehouse management, U.S. inland road transportation and import/export customs declaration services.

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HOUSTON — Noble Corp. has signed a 110,250-square-foot office lease in West Houston. The global offshore drilling contractor is taking three floors at Building 1 at the 39-acre CityWestPlace, with occupancy slated for early 2025. Mark O’Donnell, Jim Bell and Jennifer Meehan of Savills represented the tenant in the lease negotiations. J.P. Hutcheson and Rima Soroka internally represented the owner, a partnership between Parkway and Midway.

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BLOOMINGTON, MINN. — Burns & McDonnell, an engineering, construction and architecture firm, has signed a 67,000-square-foot office lease at Norman Pointe II in Bloomington. Michael Gelfman and Nate Karrick of Colliers represented ownership. The lease marks one of the largest office leases in the Minneapolis market this year, according to Colliers. Burns & McDonnell previously occupied 45,000 square feet at 8201 Norman Center Drive in Bloomington. Built in 2007, Norman Pointe II is located at 5600 American Blvd. at the I-494 and Highway 100 interchange. The 10-story building totals 331,447 square feet and offers amenities such as a café, 100-person conference center, fitness center, daycare and covered parking. Doug Fulton and Rob Youngquist of Avison Young represented Burns & McDonnell, which secured building signage. Norman Pointe II is now 95 percent leased.

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1251-Avenue-of-the-Americas

NEW YORK CITY — Daiwa Capital Markets America Inc. (DCMA) has signed a 20-year, 44,100-square-foot office lease in Midtown Manhattan. The financial services firm will occupy the entire 49th floor at 1251 Avenue of the Americas. Erik Schmall and Scott Weiss of Savills represented DCMA in the lease negotiations. David Falk and Peter Shimkin of Newmark represented the landlord, Mitsui Fudosan America. A tenant-only conference facility is under construction at the building, and the lobby was recently renovated. Three new food-and-beverage concepts are also set to open at the building in the coming weeks.

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HOUSTON — Locally based brokerage firm Cypressbrook Co. has negotiated a 41,274-square-foot industrial sublease in North Houston. According to LoopNet Inc., the building at 16420 W. Hardy Road was constructed in 1983 and totals 77,499 square feet. John Hornbuckle of Cypressbrook represented the subtenant, third-party logistics firm EN Group Corp., in the lease negotiations. Cape Bell of CBRE represented the sublandlord, Atosa Catering Equipment Inc.

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NEW YORK CITY — GrowthCurve Capital LP has signed a 13,350-square-foot office lease in Midtown Manhattan. The private equity firm is relocating from 1301 Avenue of the Americas to the 33rd floor of the 990,000-square-foot building at 250 W. 55th St. Peter Turchin, Caroline Merck, Arkady Smolyansky and Ali Gordon of CBRE represented the landlord, Boston Properties, in the lease negotiations. Jonathan Luttwak and James Cassidy of DHC Real Estate Services, along with Louis D’Avanzo of Cushman & Wakefield, represented the tenant.

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LENEXA, KAN. — Block & Co. Inc. Realtors has completed the lease-up of a former Stein Mart anchor space at Orchard Corners shopping center in Lenexa near Kansas City. Petco leased the remaining 18,500-square-foot endcap space and will join Sierra in backfilling the 37,000-square-foot space formerly occupied by Stein Mart. David Block of Block & Co. represented ownership in the leases with Petco and Sierra. Anchor tenants at Orchard Corners include Nordstrom Rack, TJ Maxx, HomeGoods and Michaels.

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MARIETTA, GA. — Poag Development Group, a Memphis-based company formerly known as Poag Shopping Centers, has signed five new tenants at Avenue West Cobb in Marietta, roughly 20 miles northwest of downtown Atlanta. The Peach Cobbler Factory has opened a 1,400-square-foot restaurant at the property, with restaurant Le’ Zia scheduled to open later this month in a 9,580-square-foot space. Additionally, lifestyle brand J.Jill has signed a 3,840-square-foot lease and is scheduled to open this fall, along with Spirit Halloween, which will occupy 9,980 square feet at the center on a temporary basis. Jim ‘N Nick’s Community Bar-B-Q will also join the tenant lineup, opening a 5,874-square-foot restaurant this winter. JLL manages the property on behalf of Poag. Existing tenants at Avenue West Cobb include Barnes & Noble, Bob Steele Salon, GameStop, Jos. A. Bank, Panera Bread and Ted’s Montana Grill.

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NEW YORK CITY — Stark Office Suites has signed an 11,816-square-foot office lease in Midtown Manhattan. The provider of executive suites and virtual workspace solutions is taking a full floor at 825 Third Avenue, a 530,000-square-foot building that recently underwent a $150 million capital improvement program. Tom Bow, Ashlea Aaron, Sayo Kamara and Bailey Caliban internally represented the landlord, The Durst Organization, in the lease negotiations. Craig Lemle and Roi Shleifer of Savills represented the tenant.

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DALLAS — Law firm Cooper & Scully PC has signed a 47,900-square-foot office lease renewal at Founders Square in downtown Dallas. The seven-story 274,010-square-foot building at 900 Jackson St. was originally constructed in the early 20th century as a warehouse for the Higginbotham-Bailey-Logan Co. dry goods company and was converted to office use in 1984. Rhett Miller and Sam Bass of Stream Realty Partners represented the landlord, Charter Holdings Inc., in the lease negotiations. John Ellerman and Jeff Ellerman of CBRE represented the tenant.

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