NEW YORK CITY — Hines will open a 63,000-square-foot flexible workspace in Manhattan’s Hudson Square neighborhood under its proprietary coworking brand, The Square. The space at 205 Hudson St. formerly housed a WeWork facility and will be the brand’s first in New York City. The space will feature a variety of private suites, group meeting areas and amenity spaces. The opening is scheduled for later this summer.
NEW YORK CITY — XR Extreme Reach has signed a 13,400-square-foot office lease at The Spiral in Midtown Manhattan. The digital marketing firm is relocating its headquarters from 1633 Broadway to the 21st floor of the 66-story tower. Greg Conen and Sam Brodsky internally represented the landlord, Tishman Speyer, in the lease negotiations. Joe Messina and Seth Hecht of JLL represented the tenant.
CARY, N.C. — Accesso has executed 30,000 square feet of leases at Weston I, a two-building office property located at 1001 Winstead Drive in Cary, a suburb of Raleigh. The deals include 12,000 square feet in new leases and 18,000 square feet in renewals. New tenants include K&A Engineering, a global engineering consultancy, and Contiem Inc., an international content management company. Hall & Burns Wealth Management LLC and Western & Southern Life Insurance Co. are two of the tenants that have renewed at Weston I. Brian Carr and Brad Corsmeier of CBRE represented Accesso in the lease transactions. Accesso cites the property’s recently renovated lobby, fitness center and tenant lounge as helping drive the recent leasing activity.
CHICAGO — The American Dental Association (ADA) is relocating its headquarters to 401 North Michigan Avenue in Chicago. In the first quarter of 2025, the tenant will begin occupying the top three floors of the building and a portion of the 32nd floor for a total of 69,574 square feet. ADA’s lease encompasses 9.4 percent of the building’s total rentable space, bringing the occupancy to 88.4 percent. Tenants at the property have access to an outdoor work park, direct access to University of Chicago Gleacher Center conference facilities, a tenant lounge and conference center, Pine Street Kitchen, a 7,500-square-foot professionally managed fitness center and indoor valet parking. ADA’s move comes after spending 60 years at its previous headquarters at 211 East Chicago, which was sold to Lurie Children’s Hospital. Erica Marshall of Stream Realty Partners and Howard Meyer of Zeller represented ownership, Walton Street Capital. Jeff Liljeberg and Jaime Fink of JLL represented ADA.
CHICAGO — R.M. Chin & Associates has signed a 15,473-square-foot office lease at the newly renovated Canal Station building at 801 S. Canal St. in Chicago. The tenant represents clients in the aviation, buildings and transportation environments with program management, project management, construction management, and design and public involvement services. The lease marks the first at the property. Bill Sheehy and Brady Wolfe of CBRE represented the tenant, while Jeff Dowdell and Matt Whipple of Telos represented ownership, 601W. Purchased in 2019 by 601W, the former Northern Trust building began undergoing redevelopment in 2021. The six-story, 680,000-square-foot property features new windows; a new hospitality-focused amenity center with a fitness center, tenant lounge and 8,000-square-foot terrace; and a grand entrance and lobby with a four-story media wall. Gardner Builders was the general contractor, and Solomon Cordwell Buenz was the architect.
SYRACUSE, UTAH — JLL has arranged an equity placement for the Syracuse Medical Office Building development in Syracuse, approximately 30 miles north of Salt Lake City. CJ Kodani and Mark Root of JLL Capital Markets secured the equity through Chesnut Healthcare Real Estate for the developer, Fort Street Partners. Located at 3000 W. Antelope Drive, the 20,399-square-foot medical office building is fully pre-leased by three regional physical groups. Completed is slated for 2025.
TAMPA, FLA. — JLL has arranged the sale of 100 North Tampa, a 572,111-square-foot office tower in downtown Tampa’s central business district (CBD). At 42 stories, the high-rise is the tallest building in Tampa and was 83 percent leased at the time of sale. Hermen Rodriguez, Ike Ojala, Matthew McCormack, Robbie McEwan, Blake Koletic, Max Lescano and Hunter Smith of JLL represented the seller and procured the buyer in the transaction. Both parties requested anonymity, and the sales price was not disclosed. Amenities at 100 North Tampa include concierge service, a retail bank branch with ATMs, sundry shop, fitness center, conference rooms and a parking garage with electric vehicle charging stations and car detailing. The previous owner recently executed a $21 million renovation prior to the sale. Built in 1992, the tower has achieved LEED Gold, WiredScore Platinum and ENERGY STAR certifications, according to the property website.
NEW YORK CITY — HSBC Bank has signed a 35,400-square-foot office lease expansion at The Spiral, a 66-story tower located in Midtown Manhattan. The company initially signed a 20-year, 265,000-square-foot lease for its headquarters space in May 2022. Following the expansion, HSBC will occupy the entire 29th and 30th floors in addition to three podium floors and a recently opened wealth center at street level. Greg Conen and Sam Brodsky internally represented the landlord, Tishman Speyer, in the lease negotiations. Peter Riguardi, Matt Astrachan, Mitchell Konsker and Will McGarry of JLL represented HSBC.
HOUSTON — Credit union Wellby Financial has purchased 9.5 acres in southeast Houston for its new headquarters facility. The site is located near Baybrook Mall and about three miles from Wellby’s current headquarters office at 1330 Gemini St. The square footage of the new complex was not disclosed, but the project will be developed in phases, with construction scheduled to begin next year. Kelly Hutchinson of Colliers represented Wellby Financial in the land purchase. The seller and sales price were not disclosed.
HOUSTON — Cima Cash Handling America Inc., which provides computer hardware to count and track money, has signed a 3,400-square-foot lease at an industrial flex facility located at 15720 Park Row Drive in West Houston. According to LoopNet Inc., the building spans 28,800 square feet and was originally constructed in 1998. Jason Gibbons of the Finial Group represented the tenant in the lease negotiations. The name and representative of the landlord were not disclosed.
