Leasing Activity

Pappas Properties Signs Publix to 50,000 SF Lease at Cadia Matthews Development in Metro Charlotte

by Abby Cox July 28, 2025

MATTHEWS, N.C. — Development firm Pappas Properties has executed a 50,000-square-foot lease with Publix to anchor the retail component of Cadia Matthews, an 82-acre master-planned community located in Matthews, a southeastern suburb of Charlotte. The new Publix store will feature a full-service pharmacy with a drive-thru. Construction is scheduled to begin in summer 2026 and will employ approximately 150 associates upon completion. According to The Charlotte Observer, the store is expected to open by late 2027. Along with the Publix, Cadia Matthews will feature a mix of retail and dining options, as well as a community park with a performance stage. The Morgan Cos. represented Publix Super Markets in the lease negotiations.

July 28, 2025

Development Illinois Industrial Leasing Activity Midwest

Seefried Preleases 190,606 SF Spec Distribution Facility in Mount Prospect, Illinois

by Kristin Harlow July 28, 2025

MOUNT PROSPECT, ILL. — Seefried Industrial Properties has preleased O’Hare Logistics Center 16, a 190,606-square-foot speculative distribution facility located at 1305 E. Algonquin Road in Mount Prospect. Accelerated Global Solutions, an air cargo and freight forwarding services company, is expanding its operations into the new property upon completion. Situated on a 13-acre site, O’Hare Logistics Center 16 is located six miles north of the Chicago O’Hare International Airport and features immediate access to I-90 and I-294. Jonathan Kohn and John D’Orazio of Colliers represented the tenant, while Jason Lev, John Suerth and Jimmy Kowalczyk of CBRE represented Seefried. FCL Builders is the general contractor, Kimley-Horn is the civil engineer and Harris Architects is the architect of record.

July 28, 2025

Acquisitions Industrial Leasing Activity North Carolina Southeast

JLL Brokers Sale of 250,541 SF Industrial Facility in Durham Leased to LifeScience Logistics

by Abby Cox July 25, 2025

DURHAM, N.C. — JLL Capital Markets has brokered the sale of LifeScience Logistics at Durham 85, a 250,541-square-foot industrial facility situated at 2360 Ferrell Road within Durham 85 Industrial Park. The facility, which is located 10 miles from Research Triangle Park, is fully leased by LifeScience Logistics LLC, a supply chain service provider in the healthcare and pharmaceutical industries. The facility features 32-foot clear heights, ESFR fire suppression and energy-efficient LED lighting throughout the property. Dave Andrews, Pete Pittroff, Michael Scarnato and Mike Lewis of JLL represented the seller, a joint venture between Scannell Properties and Manulife Investment Management, in the transaction. Mississippi-based EastGroup Properties purchased the facility for an undisclosed price.

July 25, 2025

Leasing Activity North Carolina Office Southeast

Ferncroft Capital Completes Renovations for 330 South Tryon Office Building in Uptown Charlotte

by Abby Cox July 25, 2025

CHARLOTTE, N.C. — Ferncroft Capital has completed several renovations at 330 South Tryon, a 65,544-square-foot boutique office building in Uptown Charlotte. The property’s refresh includes new finishes throughout the building and enhanced features in the lobby, elevator cabs and parking garage; a modernized exterior with signage opportunities for prospective tenants; and flexible floorplates to accommodate a variety of users. Home to the Charlotte Regional Business Alliance, the five-story office building currently has 38,338 square feet of office space available for lease. Elizabeth McMillan, Emily Hill and Kennedy Fertitta of JLL are leading leasing efforts at the property on behalf of Ferncroft Capital.

July 25, 2025

Industrial Leasing Activity Northeast Pennsylvania

Filter King Opens 61,600 SF Manufacturing, Distribution Facility in Bethlehem, Pennsylvania

by Taylor Williams July 25, 2025

BETHLEHEM, PA. — Filter King LLC, a provider of customized HVAC parts, has opened a 61,600-square-foot manufacturing and distribution facility in the Lehigh Valley city of Bethlehem. Regional developer J.G. Petrucci Co. owns the building, and The Lehigh Valley Economic Development Corp. assisted Filter King in its site selection process. Filter King, which now has an operational footprint of 200,000 square feet across three states, says the opening of the Bethlehem facility could result in the creation of as many as 120 new jobs.

July 25, 2025

Industrial Leasing Activity New Jersey Northeast

Calibre Scientific Signs 119,325 SF Industrial Lease in Somerset, New Jersey

by Taylor Williams July 24, 2025

SOMERSET, N.J. — Calibre Scientific has signed a 119,325-square-foot industrial lease in the Northern New Jersey community of Somerset. The manufacturer and distributor of life sciences products is taking space at Cottontail Logistics Center, a two-building, 236,000-square-foot development. Gary Politi and Michael Viera of JLL represented the tenant in the lease negotiations. Kevin Dudley, Chad Hillyer and Kate Granahan of CBRE represented the landlord, CBRE Investment Management, which bought the property earlier this summer.

July 24, 2025

Industrial Leasing Activity New Jersey Northeast

Hackensack Packaging Solutions Inks 11,015 SF Industrial Lease in Northern New Jersey

by Taylor Williams July 24, 2025

HACKENSACK, N.J. — Restaurant supply store Hackensack Packaging Solutions has inked an 11,015-square-foot industrial lease in its namesake town in Northern New Jersey. According to LoopNet Inc., the building at 24 E. Wesley St., which is now fully leased, was completed in 1967 and features a clear height of 14 feet. Chris DeLorenzo and Carolina Gutierrez internally represented the landlord, Alfred Sanzari Enterprises, in the lease negotiations. The tenant was self-represented.

July 24, 2025

Florida Leasing Activity Restaurant Retail Southeast

New Retailers, Restaurants Lease Space on Lincoln Road in Miami Beach

by John Nelson July 23, 2025

MIAMI BEACH, FLA. — The Lincoln Road Business Improvement District (BID) has announced a new wave of retailers and restaurants opening on Lincoln Road, the retail high street of Miami Beach. The new concepts include All’Antico Vinaio, an Italian sandwich concept that will occupy 1,793 square feet at 647 Lincoln Road; Che by Chelsey, an apparel concept that opened its 675-square-foot boutique at 830 Lincoln Road in May; and Davinci Gelato, which opened its 1,350-square-foot gelato shop at 645 Lincoln Road in May. Other newcomers will include Prince Street Pizza and Negroni Caffe & Sushi Bar, which will open before the end of the year, as well as Noble 33’s Mediterranean dining concept Meduza Mediterrania, which will open in 2026. Additionally, Victoria’s Secret and PINK have relocated to a newly built-out space spanning 7,500 square feet at 900-904 Lincoln Road, and Beverly Hills-based Alo Yoga will open a new flagship spanning 13,480 square feet at 100 Lincoln Road, a space that has been vacant for a few years.

July 23, 2025

Leasing Activity Office Texas

Brightline Dealer Advisors Signs 10,601 SF Office Lease at HALL Park in Frisco

by Taylor Williams July 23, 2025

FRISCO, TEXAS — Brightline Dealer Advisors has signed a 10,601-square-foot office lease at HALL Park in Frisco. The automotive insurance brokerage firm is relocating from nearby Addison and has committed to The Tower at HALL Park, a 16-story building, for 10 years. Michael Griffin of Transwestern represented the tenant, which plans to take occupancy of its new space in November, in the lease negotiations. Kim Butler, Rena Padachy and Brad Gibson represented the landlord, HALL Group, on an internal basis.

July 23, 2025

Industrial Leasing Activity New Jersey Northeast

Scentbird Signs 116,530 SF Industrial Lease in Somerset, New Jersey

by Taylor Williams July 23, 2025

SOMERSET, N.J. — Scentbird has signed a 116,530-square-foot industrial lease in the Northern New Jersey community of Somerset. The provider of customized fragrance subscriptions is taking space at Cottontail Logistics Center, a two-building, 236,000-square-foot development. Nicholas Klacik of CBRE represented Scentbird in the lease negotiations. Kevin Dudley, Chad Hillyer and Kate Granahan, also with CBRE, represented the landlord, CBRE Investment Management, which bought the property earlier this summer.

July 23, 2025

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