HOUSTON — Locally based brokerage firm Oxford Partners has negotiated a 10,150-square-foot office sublease in Houston’s Greenway District. The sublessee, law firm Webster Vicknair MacLeod, is taking space at 24 Greenway Plaza, a 510,000-square-foot building that is owned by Granite Properties. Ryan Hartsell of Oxford Partners represented the law firm in the sublease negotiations. Nick Terry of Rifle CRE represented the sublessor, Wyatt Ranches of Texas LLC.
JERSEY CITY, N.J. — IAVI has signed a 29,782-square-foot life sciences lease in Jersey City. The nonprofit scientific research organization will relocate its vaccine design and development operations from the Brooklyn Army Terminal to the 350,000-square-foot building at 95 Greene St., which was originally built as a manufacturing facility for Colgate Palmolive. John Isaacs, Joseph DeRosa and Conor Dolan led the CBRE team that represented the tenant in the lease negotiations. RegenLab USA did the same relocation earlier this year.
HOUSTON — Avison Young has arranged a 104,013-square-foot office headquarters lease in Houston. The tenant, Camden Property Trust, will relocate from Greenway Plaza to floors 25 through 29 at Williams Tower, a 1.4 million-square-foot building located at 2800 Post Oak Blvd. in Houston’s Galleria neighborhood. Anthony Squillante and Dustin Devine of Avison Young represented the tenant, which plans to take occupancy next fall, in the lease negotiations. Warren Savery and Nina Seyyedin of CBRE represented the landlord, Atlanta-based Invesco Real Estate.
ROSWELL, GA. — Hardware retail chain Ace Hardware has opened its 5,000th domestic store. Dubbed Fixit Ace Hardware, the store is located in Roswell, roughly 20 miles north of Atlanta. Additionally, the Oak Brook, Ill.-based retailer opened its 100th new store of the year in Henderson, Nev., last month. Ace Hardware, which operates more than 5,800 outposts globally, plans to open an additional 200 stores by the end of this year, which marks 100 years of business for the brand.
SECAUCUS, N.J. — Abra Health has signed a 24,908-square-foot retail sublease in Secaucus. The operator of pediatric primary care and dental clinics is backfilling a space previously occupied by The Vitamin Shoppe and will utilize the space to centralize its billing operations and establish a call center. Jeff Kolodkin and Andrew Kirshenbaum of Newmark represented Abra Health in the lease transaction.
WEST SACRAMENTO, CALIF. — Brennan Investment Group has acquired a three-building manufacturing facility in West Sacramento and simultaneously leased the property back to the seller, Manna Beverages & Ventures. Totaling 213,000 square feet, the assets are located at 2150 and 2286 Stone Blvd. and 1691 Cebrian St. Manna is a leading beverage manufacturer specializing in co-packing, co-manufacturing and distribution of juices, teas and carbonated beverages. Terms of the transaction were not released.
FORT WORTH, TEXAS — F.O.H. Events has signed a 23,465-square-foot industrial lease in Fort Worth. The provider of services for entertainment venues is expanding and relocating its headquarters space to 8803 Forum Way on the city’s south side from a space across town that was roughly a third of that size. Shane Benner of Bradford Commercial Real Estate Services represented the tenant in the lease negotiations. Benson Williams of LanCarte Commercial represented the landlord, Dundee Investments LLC.
MILLSTONE, N.J. — Soligent has signed an industrial lease in the Central New Jersey community of Millstone. The distributor of clean energy products and services will occupy just under half of a 132,930-square-foot building. The space features a clear height of 32 feet, 4,000 square feet of office space and battery charging stations inside the warehouse for electric forklifts. Peak Construction Corp. is handling the build-out of the space. Boston-based Cabot Properties owns the building.
CHICAGO — Cushman & Wakefield has negotiated a 30,000-square-foot lease on behalf of Padel Chicago LLC for the first padel location in the city. Padel combines the elements of tennis, squash and pickleball. The property is located at 219 N. Paulina St. Chip Evans of Cushman & Wakefield represented the main investors, Lakeshore Sport & Fitness and Fabian Gosselin, in lease negotiations with the building owner, Walnut Street Properties. Lakeshore Sport & Fitness owns and operates large, multi-sport facilities. Gosselin is a Chicago venture-capital investor whose family has owned and operated a global hospitality and restaurant company for three decades. The Chicago padel facility, slated to open in the first quarter of 2025, will feature five indoor courts. Amenities will include private member lounges, locker rooms, coworking space and a coffee shop and bar.
LAFAYETTE, LA. — GBT Realty Corp. has executed leases with new retailers at River Marketplace, a 168,000-square-foot shopping center in Lafayette. J. Crew Factory, Sephora and lululemon have signed leases to occupy a freestanding, 16,700-square-foot building within the shopping center that once housed Books-A-Million, which shuttered earlier this year. All three retailers are expected to open in early 2025. A final 3,450-square-foot space remains available for lease in the building. Situated on a 43-acre site, River Marketplace is anchored by a Super Target. The property is currently 99 percent leased to tenants including Ross Dress for Less, Total Wine & More, Rack Room Shoes, Cato, 2nd & Charles, Toasted Yolk Café, Buckle, Crumbl Cookies and Games Workshop.