PORTSMOUTH, N.H. — CB Richard Ellis – New England (CBRE) has negotiated a lease for 11,000 square feet of office space at 282 Corporate Dr. in Portsmouth. The space will be occupied by Elbry’s Networks, Inc. Kent White of CBRE’s Portsmouth office represented the undisclosed landlord and procured the tenant in the transaction. Terms of the lease were not disclosed.
Northeast
LEOMINSTER, MASS. — The Stubbledine Company/CORFAC International has completed the sale of a 152,000-square-foot industrial building, located at 163 Pioneer Dr. in Leominster. The building is a single-story, rail-served manufacturing facility that is situated on 13.3 acres. It is fully leased to three tenants. The Stubbledine Company represented the buyer, Framingham, Mass.-based AIS Development, as well as the seller, AP Realty. The acquisition price was not disclosed.
NEW YORK CITY — Livingston, N.J.-based Jarmel Kizel Architects & Engineers is completing design and structural engineering work for a new 7,300-square-foot T.G.I. Friday’s restaurant, located at 1780 Gun Hill Rd. in the Bronx, New York City. The restaurant will be able to seat 330 and completion is scheduled for this month. Jarmel Kizel is working with the franchise owner, Livingston-based Briad Group, as well Vornado Realty Trust, the owner of the shopping center in which the new restaurant will be located. T.G.I. Friday’s will be occupying a pad site. Jarmel Kizel has worked with Briad Group on 20 Friday’s locations in New Jersey, New York, Connecticut, California and Arizona.
EASTON, MASS. — Framingham, Mass.-based Parsons Commercial Group has brokered a lease for 15,000 square feet of turn-key space at Easton Industrial Park, located in Easton. Vestcom New Century, a provider of retail marketing and business communications services, will occupy space within 5 Norfolk Avenue, a single-story, 20,000-square-foot flex building. Parsons Commercial Group represented the tenant in lease negotiations. The landlord is Atlantic Management Corp. The lease represented an expansion for Vestcom New Century.
BRIDGEWATER, N.J. — United Parcel Services (UPS) has renewed its lease for 26,000 square feet at Bridgewater Business Park, located in Bridgewater. The park comprises 19 flex buildings totaling approximately 423,000 square feet and is owned by New Jersey-based Denholtz Associates. Terms of the lease were not disclosed.
CONN., N.J., PA., AND MASS. — Metro Commercial represented PetSmart in securing multiple leases throughout the Northeast. In Connecticut, Metro Commercial closed an 18,500-square-foot lease at North Haven Crossing in North Haven, a 28,500-square-foot lease at Putnam Bridge Plaza in Glastonbury, and a 17,800-square-foot lease at Brookside Plaza in Enfield. In New Jersey, Metro Commercial secured a 26,700-square-foot lease on Route 70 in Marlton and a 26,000-square-foot lease at Brick Plaza in Brick. In Pennsylvania, Metro negotiated an 18,000-square-foot lease at Monroe Retail Center in Selinsgrove. And finally, in Massachusetts, Metro Commercial completed a 28,000-square-foot lease at the Pacer Building in Woburn. Metro Commercial also secured three leases in Virginia, and two leases in Canada for the retailer. Metro Commercial’s Tom Londres represented PetSmart in the transactions.
BLOOMFIELD, CONN. — Griffin Land has signed a long-term, full building office lease with KMC Music, Inc., a subsidiary of Fender Musical Instruments Corp. The single-story, 40,344-square-foot facility is located at 55 Griffin Rd. South within the Griffin Center business park in Bloomfield. The 600-acre master planned business park, which was planned and developed by Griffin Land, is situated within easy access to Exits 37 and 38 off Interstate 91; just south of Bradley International Airport. In-park amenities include the newly opened Vito’s by the Water restaurant and function facility, the SS&C SummerWind Performing Arts Center, ponds, and walking trails. Other tenants located in the park include Comcast, Connecticut Light & Power, DaVita, Johnson Controls, Phillips Medical, T-Mobile and TRC Environmental Solutions. Construction of the tenant improvements are already underway, and include remodeling of the reception area, renovations to the open and private office areas, a cafeteria, a multi-purpose meeting/conferencing room, a sound room, and a photo studio. KMC Music is set to occupy the premises in July. Larry Levere of Sentry Commercial, in conjunction with Gary Gregg of CRESA Real Estate Partners represented the tenant in the lease negotiations.
LEVITTOWN, PA. — Sonic, the largest drive-in restaurant chain in America, officially opened for business at Levittown Town Center in Levittown. The restaurants 5,000-square-foot stand-alone store joins other retailers such as Home Depot, Wachovia, and Taco Bell at the 468,675-square-foot retail center. Owned by DLC Management Corp., the center is approximately 85 percent leased. Additional retailers opening this summer include Wal-Mart Supercenter, Ross Dress for Less, Advance Auto Parts, Famous Footwear, Dollar Tree, Deb Shops, GameStop, Sally Beauty, CiCi’s Pizza and many more. Levittown Town Center is slated for completion this summer.
BUFFALO, N.Y. — J.R. Militello Realty/CORFAC International has negotiated a 35,767-square-foot lease at One HSBC Center in Buffalo. Carey Anderson, Jim Militello and Jerry Workman of J.R. Militello Realty brokered the long-term lease renewal for the Consulate General of Canada. The brokers also represented the landlord, Seneca One Realty, in the lease negotiations. In addition to lease renewal, the Consulate also expanded its office space by nearly 50 percent. One HSBC Center features 1.2 million square feet of Class A office space.
PARAMUS, N.J. — Hasbrouck Heights, N.J.-based DMR Architects has been selected to design a new landscaping facility for Bergen County Special Services at the school’s Paramus campus. The building will contain 7,950 square feet of classroom space, a 1,000-square-foot greenhouse and 5,000 square feet of outdoor landscaping and gardening areas. The building will contain a garage area, a classroom with demonstration space, a computer lab and a biology lab. The greenhouse will be able to simulate a variety of environmental types. The project will be constructed on the site of a former maintenance and storage facility, which will be demolished prior to the beginning of construction. The construction timetable was not released.