HODGKINS, ILL. — LaGrange Crane Inc., a crane rental services company, has signed a 138,994-square-foot industrial lease renewal and expansion at 6800 Santa Fe Drive in Hodgkins, an industrial suburb of Chicago. The tenant currently occupies 74,766 square feet. Ryan Mullins and Nick Krejci of Core Industrial Realty represented the tenant. The landlord was undisclosed.
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Cost-Effective Strategies, Future-Proofing for Multifamily Internet Infrastructure
In the rapidly evolving landscape of multifamily technology, owners and operators face a critical challenge to staying competitive. As demand for high-speed internet and robust connectivity grows, it is essential to adapt quickly. However, constantly upgrading infrastructure can be prohibitively expensive and time-consuming. The solution lies in future-proofing properties — building an adaptable infrastructure that can support unknown future technological needs. “Future-proofing is a matter of having infrastructure capable of supporting what we don’t know we will want later,” says Matt Williamson, lead sales engineer at Pavlov Media, which provides Wi-Fi, fiber-optic internet service and managed digital services to multifamily properties. Future-proofing involves implementing scalable and flexible communication systems that accommodate both current and emerging digital demands. By focusing on future-proofing, multifamily properties can meet residents’ increasing expectations for high-speed internet and comprehensive Wi-Fi coverage while also reducing operational costs and enhancing overall efficiency. Balance Current Needs with Future Trends “Multifamily residents now expect extremely high-speed internet connections in their units and throughout the entire property, including common areas like gyms, conference rooms, pools and walking paths,” Williamson says. Residents want robust internet connections for activities such as streaming, video calls and remote home monitoring. The importance of upload speeds …
MIAMI — Tom Brady Enterprises (TBE) Capital Management has signed an 8,415-square-foot office lease at THE WELL Bay Harbor Islands, a mixed-use project currently under development in Miami. TBE will relocate its headquarters to a 113,000-square-foot office building located at 1177 Kane Concourse within the development. Scheduled to open in 2025, the office building is currently 35 percent preleased. Blanca Commercial Real Estate, which serves as the leasing agent for THE WELL Bay Harbor, represented the landlord, Terra, in the lease negotiations. Colliers and Current Real Estate Advisors represented TBE. Upon completion, THE WELL Bay Harbor will also feature an eight-story condominium building, more than 22,000 square feet of amenities and a restaurant. Tom Brady Enterprises manages all business ventures of retired football player Tom Brady, including his portfolio of brands, which includes sportwear company BRADY Brands, wellness brand TB12, production company Religion of Sports and Autograph, which is dedicated to fan engagement. Brady played in the NFL for 23 seasons and won seven Super Bowls, six with the New England Patriots.
DALLAS — DFA Dairy Brands Fluid, a supplier of fresh milk, has signed a 26,203-square-foot industrial lease in the Owenwood area of Dallas. Holt Lunsford Commercial Investments owns the building at 5200 E. Grand Ave. Canon Shoults, Josh Barnes and Mitch Cantwell of Holt Lunsford’s brokerage division represented the landlord in the lease negotiations. The tenant was self-represented.
HOUSTON — Great Big Game Show, an entertainment concept that centers on interactive drawing, building, guessing and wagering challenges, will open a venue in West Houston. The space is located within the 47-acre CITYCENTRE mixed-use development, adjacent to The Escape Game, whose creators also conceived Great Big Game Show. The opening is slated for the fall. A partnership between Parkway and Midway owns CITYCENTRE.
WESTBURY, N.Y. — Empire Adventure Park, an entertainment concept that features esports, laser tag, trampolines and obstacle courses, has opened a 35,572-square-foot center in the Long Island village of Westbury. The center is situated within Samanea New York, a 750,000-square-foot shopping, dining and entertainment destination. Empire Adventure Park joins a tenant roster that includes Dave & Buster’s, The Cheesecake Factory, Bloomingdale’s Furniture Outlet, X-Golf and 99 Ranch Supermarket. Lesso Mall Development owns the property, which is now 78 percent leased.
AURORA, ILL. — Green Bay Packaging Inc. has signed a 74,000-square-foot industrial lease at 2200 Sullivan Road in Aurora. Noel Liston and Nick Krejci of Core Industrial Realty represented the landlord, Panattoni Development, which developed the 356,000-square-foot building. Now occupied by two tenants, the facility has one remaining available space of 96,150 square feet. The property features a clear height of 36 feet, six exterior docks, one grade-level door and office spaces. Mike Plumb of Lee & Associates represented Green Bay Packaging.
ALLEN, TEXAS — Amphenol Fiber Systems International (AFSI) has preleased a 94,413-square-foot industrial building in Allen, a northeastern suburb of Dallas. The manufacturer of harsh-environment fiber optic cables is taking space at 121 Technology Park, a development by Stillwater Capital, that will serve as its new headquarters. Mike Kay of Colliers represented the tenant in the lease negotiations. Ken Wesson of Lee & Associates represented the landlord. Occupancy is slated for October.
PLANO, TEXAS — Cadence McShane Construction Co. has signed a 16,242-square-foot office headquarters lease at One Legacy Circle, a 214,110-square-foot building in Plano. Garrison Efird and Steven Blankenship of Newmark represented the tenant in the lease negotiations. Jared Laake of Bradford Commercial Real Estate Services represented the landlord, an affiliate of Gildenson Real Estate. Occupancy is slated for early 2025.
NEWARK, DEL. — AirJoule, which provides atmospheric water harvesting services, has signed a 30,000-square-foot industrial lease in Newark, Del. The space can support both manufacturing and office operations, and AirJoule is also leasing 500 square feet at The Innovation Space in Wilmington’s DuPont Experimental Station for research and development activities. The company expects to invest about $15 million in its Newark operation and hire about 60 people over the next several years.