Monday, September 15, 2025
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FloridaLeasing ActivityOfficeSoutheast

Siemens Energy Signs 242,000 SF Office Lease at Lake Nona Town Center in Orlando

by Abby Cox

ORLANDO, FLA. — Global energy technology leader Siemens Energy has signed a lease totaling more than 242,000 square feet to relocate its Orlando offices to 6876 Marwick Lane within Lake Nona Town Center’s newest office building. The company will transfer its existing Alafaya Trail workforce to Lake Nona by 2027. Siemens’ lease is now considered the largest office lease in Orlando since 2009 and among the top three biggest in the city’s history, according to CoStar Group. Lake Nona Town Center was planned and developed by Tavistock Development Co.

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Leasing ActivityMidwestOfficeOhio

Jones Day Signs 382,019 SF Office Lease Renewal at North Point Tower in Cleveland

by Kristin Harlow

CLEVELAND — Jones Day, a 130-year-old global law firm headquartered in Cleveland, has signed a 382,019-square-foot office lease renewal at North Point Tower in Cleveland. Jared Friedman and David Gimple of Friedman Real Estate negotiated the 10-year lease, which includes 30,622 square feet in the 1001 Building and 351,397 square feet encompassing the entire 901 Building. Friedman represented the landlord and also provides property management services for the two-building complex.

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DevelopmentMidwestOfficeWisconsin

Greiner Construction Breaks Ground on 10,000 SF Lumber Exchange Coworking Space in Hayward, Wisconsin

by Kristin Harlow

HAYWARD, WIS. — Greiner Construction has broken ground on The Lumber Exchange, a 10,000-square-foot coworking and gathering space at the corner of Main Street and Highway 63 in Hayward, a city in northwest Wisconsin. Designed to support local workers, entrepreneurs, creatives, nonprofits and community leaders in the area, the project replaces a commercial space that had been vacant for 15 years. The project site once hosted some of Hayward’s earliest landmarks, including the Pion Hotel, Giblin Hotel, Walker Hotel and the Hayward Building. The Lumber Exchange is expected to open in summer 2026. The Chequamegon Area Mountain Bike Association and the Sawyer County/Lac Courte Oreilles Economic Development Corp. have committed to long-term leases of office space within the building. The project will include flexible work areas, private offices, phone booths, conference rooms, event space, a coffee bar and second-level deck overlooking Main Street. The building will also host community programming, workshops and gatherings. The Lumber Exchange is the first commercial development for Carson Kipfer, whose background includes building companies in the technology arena for both the sports and insurance industries. Additional project team members include Cuningham and Spider Lake Trading.

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INC @ 2401
AcquisitionsNorth CarolinaOfficeSoutheast

CBRE Negotiates Sale of INQ @ 2401 Office Building in Charlotte

by Abby Cox

CHARLOTTE, N.C — CBRE has negotiated the sale of INQ @ 2401, a 162,372-square-foot office building located in the Crown Point neighborhood of Charlotte. Patrick Gildea, Matt Smith, Joe Franco and Stephanie Spivey of CBRE represented the sellers, DRA Advisors and Mainstreet Capital, in the transaction. Messer Financial, a long-term tenant that brought the property to full occupancy, was the buyer. The sales price was not released. Originally constructed in 1989 and renovated in 2016 with nearly a $6 million investment, the single-story building can now accommodate larger, back-office users and features 25-foot vaulted ceilings and direct tenant access.

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AcquisitionsIndustrialOfficeTexas

Oxford Partners Arranges Sale of 18,000 SF Industrial Flex Building in Spring, Texas

by Taylor Williams

SPRING, TEXAS — Locally based brokerage firm Oxford Partners has arranged the sale of an 18,000-square-foot industrial flex building in Spring, a northern suburb of Houston. According to LoopNet Inc., the single-tenant building at 1271 Rayford Bend Road was constructed on 2.5 acres in 2013. Nathan Buckhoff and Matt Rogers of Oxford Partners represented the seller, Texas Properties Ltd., in the transaction. Kevin Caywood of Stream Realty Partners represented the undisclosed buyer.

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Leasing ActivityOfficeTexas

Lakeview Loan Servicing Signs 9,684 SF Office Lease in Flower Mound, Texas

by Taylor Williams

FLOWER MOUND, TEXAS — Florida-based Lakeview Loan Servicing has signed a 9,684-square-foot office lease in Flower Mound, located north of Fort Worth. The space is located within the 138,500-square-foot Lakeside International Office Center. Daryl Mullin and Lauren Halstedt of JLL represented the landlord, Realty Capital Management, in lease negotiations. Independent broker Amber Linville Gibson represented the tenant.

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IndustrialLoansNew JerseyNortheastOffice

JLL Arranges Refinancing of 114,622 SF Industrial, Office Property in Eatontown, New Jersey

by Taylor Williams

EATONTOWN, N.J. — JLL has arranged the refinancing of West Ridge Corporate Campus, a 114,622-square-foot industrial and office property located in the Northern New Jersey community of Eatontown. The 11.1-acre campus consists of three 12,000-square-foot office buildings and two industrial flex buildings totaling 36,160 and 42,462 square feet. Michael Klein, Ryan Carroll and Tyler Caricato of JLL arranged the seven-year loan through an undisclosed insurance company on behalf of the borrower, Bollerman Cos.

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IllinoisLeasing ActivityMidwestOffice

Clayco, Prime Group Ink 75,633 SF of Office Leases at Chicago’s Historic Jewelers Building

by Kristin Harlow

CHICAGO — Clayco and its development subsidiary CRG, along with The Prime Group Inc., have inked 75,633 square feet of new leasing activity at the historic 35 E. Wacker Drive, known as The Jewelers Building in Chicago. Madison Rose has led the leasing efforts. The latest activity includes a 25,445-square-foot headquarters relocation by Sheridan Capital Partners, a 21,664-square-foot expansion by Clayco/CRG and a 21,666-square-foot renewal by architecture firm SmithGroup. JLL’s Pat Schenk and Bill Rogers represented Sheridan Capital Partners, a private equity firm focused on healthcare investments that is relocating from the Wrigley Building. Clayco expanded its footprint to 91,785 square feet and extended its lease term to 2035. The Jewelers Building has served as Clayco’s Chicago headquarters for more than 15 years. SmithGroup renewed its lease in a multi-year deal. Other recent renewals that bring the total to 75,633 square feet include Aprio and Selective Search. The Jewelers Building was constructed in 1926. Recent renovations to the building include new high-efficiency building systems and sustainability features. Amenities include a conference center, fitness facility and private parking garage.

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Leasing ActivityOfficeTexas

Maven Opens 12,000 SF Coworking Space at Sundance Square in Downtown Fort Worth

by Taylor Williams

FORT WORTH, TEXAS — The Maven, a coworking concept designed specifically for female professionals and entrepreneurs, has opened a 12,000-square-foot space at Sundance Square, a shopping and dining destination in downtown Fort Worth. The space will feature furnished offices, flexible desk layouts, lounges, dining areas, a lactation room, private meeting spaces and a conference room. Local brokerage firm LanCarte Commercial Real Estate is leasing the space.

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AcquisitionsMarylandOfficeSoutheast

St. John Properties Purchases 295,000 SF Office Portfolio in Baltimore County

by John Nelson

HUNT VALLEY, MD. — Locally based St. John Properties Inc. has purchased a three-building office portfolio within North Park, a business park in Baltimore County. The properties span 295,000 square feet combined and are located at 4, 6 and 10 N. Park Drive in Hunt Valley. The portfolio is leased to tenants including Travelers Insurance, RCM&D, AP Benefits Advisors and AECOM. Onsite amenities include a conference center with catering kitchen, fully equipped fitness center, walking trails and a full-service deli. Gerry Trainor, Jim Cardellicchio and Rowan Miller of Transwestern represented the undisclosed seller in the transaction, and Sean Doordan and Alex Lyons represented St. John Properties internally. The sales price was also not disclosed. The new ownership plans to invest in capital improvements within the newly acquired portfolio, including new HVAC equipment, landscaping, signage and updated common areas. The North Park acquisition brings St. John Properties’ Baltimore County holdings to more than 4.6 million square feet.

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