SAN MARCOS, TEXAS — Colliers has negotiated a 31,760-square-foot industrial lease in San Marcos, located roughly midway between Austin and San Antonio. The tenant, Ohio-based supplier OTC Industrial Technologies, is taking space at Clovis Crossing, a newly constructed development that comprises two buildings totaling 213,125 square feet. Shane Woloshan, Nolan Babb, Travis Hicks, Chase Clancy and Michael Modesett of Colliers represented the tenant in the lease negotiations. Carter Thurmond, Nash Frisbie and Bailey Sousa of Transwestern represented the landlord, New Jersey-based Denholtz Properties.
Leasing Activity
PLANO, TEXAS — The Chicago School of Psychology has signed an 18,566-square-foot office lease in Plano. The space is located within the five-story building at 6275 W. Plano Parkway that offers amenities such as a fitness center, conference facilities and onsite café. Trevor Franke and Gini Rounsaville of JLL represented the landlord, Billingsley Co., in the lease negotiations. Dean Collins of Cushman & Wakefield represented the tenant.
NAPERVILLE, ILL. — KeHE Distributors LLC has renewed and expanded its lease at Naperville Corporate Center in the Chicago suburb of Naperville. The wholesale food distributor’s lease now totals 91,102 square feet after an expansion of 17,000 square feet. Joe Stevens and Steve Degodny of Transwestern Real Estate Services (TRS) represented building ownership, Real Capital Solutions. KeHE will occupy the entirety of the building at 1245 Diehl Road.
TOTOWA, N.J. — Wise Foods has signed a 61,000-square-foot industrial lease in the Northern New Jersey community of Totowa. The Pennsylvania-based snack maker is taking space at 70 Maltese Drive, an 84,000-square-foot building that features a clear height of 16 feet, 10 loading docks and two drive-in doors. Andrew Stypa, Daniel Badenhausen and Kyle Janoczkin of Lee & Associates represented the tenant in the lease negotiations. Cushman & Wakefield represented the landlord, Boston-based Longpoint.
ATLANTA — Life Time has opened its newest 65,000-square-foot gym, marking the eighth location in Atlanta and the first in DeKalb County for the Minnesota-based fitness brand. Located on eight acres at 1515 Sheridan Road NE, the Life Time North Druid Hills athletic club made its debut on Monday, Dec. 16 and is now offering waitlist sign-ups for potential members. The club offers a range of 150 classes with five boutique studios for barre, cycling, group fitness, yoga and Pilates, as well as dedicated spaces for its Signature Group Training programs Alpha, GTX and UltraFit. Additional amenities include multiple pickleball courts, strength and cardio equipment, a five-lane indoor pool, dedicated workout recovery spaces, LifeSpa and LifeCafé services, dressing rooms and childcare services. Life Time’s outdoor space also features a bistro, beach club, pool deck, private cabanas and chairs, 12 racquet sport courts and a courtside lounge and bar. Life Time recently renovated its existing gym in Peachtree Corners and plans to open a new gym in Atlanta’s Central Perimeter area next year.
HOUSTON — Locally based brokerage firm Finial Group has negotiated a 24,500-square-foot industrial lease in northwest Houston. According to LoopNet Inc., the building at 11602 Canyon Trail Drive was originally built in 2011. Christian Villarreal of Finial Group represented the undisclosed landlord in the lease negotiations. The name and representative of the tenant were also not disclosed.
ADA, MICH. — Concierge Medicine of West Michigan has opened a 3,200-square-foot office at 6741 E. Fulton St. in Ada. Founded by family medicine physicians and twin sisters, Dr. Lara Baatenburg and Dr. Jana Baatenburg, the practice offers a membership-based healthcare model. Kaleb Antonides, Jordan Day and Hillary Taatjes Woznick of NAI Wisinski of West Michigan assisted the tenant in leasing and build-out of the space.
WAKEFIELD, MASS. — Boston-based Eastern Bank has signed a 51,751-square-foot office lease in Wakefield, a northern suburb of Boston. The space is located within the 155,000-square-foot building at 601 Edgewater Drive, which is part of a larger 1 million-square-foot campus known as The Edge. Newmark represented the landlord, Hobbs Brook Real Estate, in the lease negotiations. Cushman & Wakefield represented Eastern Bank, which plans to take occupancy in the third quarter of next year.
CONROE, TEXAS — Avison Young has negotiated a 27,200-square-foot industrial lease in Conroe, about 40 miles north of Houston. The tenant is Membrane Platforms, and the space is located within NorthStar Industrial Park, a five-building, 79-acre development. Drew Coupe and Dawson Smith of Avison Young represented the landlord, BAUER Group, in the lease negotiations. Ron Wickes of Walzel Properties represented the tenant.
CBRE Arranges Three Office Leases at First Citizens Bank Plaza in Uptown Charlotte Totaling 87,266 SF
by John Nelson
CHARLOTTE, N.C. — CBRE has arranged three office loans totaling 87,266 square feet at First Citizens Bank Plaza, a 23-story office tower located at 128 S. Tryon St. in Uptown Charlotte. Kris Westmoreland, Stephanie Spivey and Joe Franco of CBRE represented the landlord, Dornin Investment Group, in the lease negotiations. The deals included a 20,897-square-foot lease with IT staffing firm Dexian, a 31,838-square-foot lease for an unnamed global IT services and consulting firm and a 34,531-square-foot lease with an unknown branch of the federal government. The U.S. General Services Administration (GSA) signed the third lease with Dornin on behalf of the end user. First Citizens Bank Plaza was recently renovated and features a new lobby, boutique fitness center, tenant amenity hub with lockers and showers, bicycle parking and storage, upgraded restrooms, new lobby and MOA Korean BBQ, a 5,000-square-foot restaurant and bar on the first floor.