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Work-Shop-Dallas
Leasing ActivityRestaurantRetailTexas

Seven Retail Tenants Join 216,500 SF Work/Shop Mixed-Use Development in North Dallas

by Taylor Williams

DALLAS — Seven new tenants have joined the roster at Work/Shop, a 216,500-square-foot mixed-use development in North Dallas. EVO Entertainment Prestonwood debuted at the development in November, and Local Jonny’s, MAI (My Aesthetics Intelligence), Rose Couture Nail Bar and [solidcore] are slated to open later this year. Toast and juice bar Toastique will also open this month and eatery Crisp & Green is now open. Houston-based Triten Real Estate owns Work/Shop, which features 81,500 square feet of retail space in addition to 135,000 square feet of office space and 30,000 square feet of green space.

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IndustrialLeasing ActivityLee & AssociatesTexas

Lee & Associates Negotiates 167,120 SF Industrial Lease in Brookshire, Texas

by Taylor Williams

BROOKSHIRE, TEXAS — Lee & Associates has negotiated a 167,120-square-foot industrial lease in the western Houston suburb of Brookshire. The tenant, SOLogistics, has leased the entirety of Westside 10 Industrial Park, a front-load building that features 32-foot clear heights, 38 dock doors, two overheard doors, 145-foot truck court depths and parking for 227 cars and 15 trailers. Robert McGee, Taylor Schmidt and Austin Bartula of Lee & Associates represented the landlord, a partnership between Growth Capital Partners and Phelan Development Co., in the lease negotiations. Will Clay of JLL represented SOLogistics.

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Thompson-Road-Distribution-Center-Baytown
DevelopmentIndustrialTexas

Triten Real Estate Completes 130,755 SF Industrial Project Near Port Houston

by Taylor Williams

BAYTOWN, TEXAS — Locally based developer Triten Real Estate Partners has completed Thompson Road Distribution Center, a 130,755-square-foot industrial project located near Port Houston in Baytown. The site spans eight acres, and the building features 32-foot clear heights, 18 dock-high doors, two drive-in ramps, 80 trailer drops and 62 car parking spaces. Method Architecture designed the project, and Angler Construction served as the general contractor. Boyd Commercial is the leasing agent.

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Leasing ActivityRestaurantRetailTexas

Game Time to Open 69,105 SF Entertainment Center in North Houston

by Taylor Williams

HOUSTON — Game Time, a Florida-based entertainment concept that includes bowling, arcade games and dining will open a 69,105-square-foot center in North Houston. The space within the 140,377-square-foot Willowbrook Pavilion shopping center, which is owned by NewQuest Properties, was formerly home to IT’Z Entertainment. The theater portion of that space has since been backfilled by EoS Fitness, which plans to open this summer. Game Time signed the 10-year lease after acquiring the former anchor tenant’s furniture, fixtures and equipment.

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IndustrialLeasing ActivityOfficeTexas

Freedom Furniture & Design Signs 15,340 SF Lease at Industrial Flex Building in Irving

by Taylor Williams

IRVING, TEXAS — Freedom Furniture & Design has signed a 15,340-square-foot lease at Royal Jetstar Tech Center, a 92,052-square-foot industrial flex facility in Irving. The lease term is seven years, and the tenant plans to take occupancy in May. Jason Finch and Michael Spain of Bradford Commercial Real Estate Services represented the landlord, an entity doing business as Pre DFW Airport LLC, in the lease negotiations. Daniel Rudd of Avison Young represented the tenant.

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Petrocelli-Surgical-Pavilion-Manhasset
DevelopmentHealthcareNew YorkNortheast

Skanska USA Completes $560M Healthcare Project on Long Island for Northwell Health

by Taylor Williams

MANHASSET, N.Y. — General contractor Skanska USA has completed the Petrocelli Surgical Pavilion, a $560 million healthcare project in the Long Island community of Manhasset for Northwell Health, the state’s largest provider. Skanska USA broke ground on the 288,000-square-foot project, which is located on the 756-bed North Shore University Hospital campus, in spring 2020. The facility houses 18 operating rooms, including three hybrid rooms with advanced imaging, along with 132 intensive care rooms. The Petrocelli Pavilion will also serve as the home of the Sandra Atlas Bass Heart Hospital.

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Northgate-One-Camden
AcquisitionsAffordable HousingMultifamilyNew JerseyNortheast

Hudson Valley Property Group Buys 321-Unit Affordable Housing Building in Camden, New Jersey

by Taylor Williams

CAMDEN, N.J. — Hudson Valley Property Group has purchased Northgate One, a 321-unit affordable housing building located in the Southern New Jersey city of Camden. The 21-story building was originally constructed in 1963, and the majority of the units are reserved for households earning 60 percent or less of the area median income. The new ownership plans to rehabilitate the property with infrastructural upgrades, mechanical system replacements and in-unit bathroom, kitchen and apartment safety improvements. The project is expected to last about two years and will be funded with a mix of federal and state tax credits as well as private capital, including a $40.7 million FHA loan originated by PGIM Real Estate.

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AcquisitionsNew YorkNortheastOffice

Cushman & Wakefield Brokers $27M Sale of Manhattan Office Building

by Taylor Williams

NEW YORK CITY — Cushman & Wakefield has brokered the $27 million sale of a 17,185-square-foot office building located at 25 E. 22nd St. in Manhattan’s Flatiron District. Audrey Cappell, whose three nonprofit organizations previously occupied the six-story building, sold the asset to Japanese publishing and comic book company Kodansha USA. The nonprofits are relocating to a nearby property to accommodate their growth. The building also housed Nike’s New York City office in the 1990s. Craig Waggner, John Ciraulo, Jack Stephen, Carri Lyon and Mark Mandell of Cushman & Wakefield brokered the deal.

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DevelopmentIndustrialNew YorkNortheast

Venture One, Affinius Deliver 123,970 SF Spec Industrial Project on Long Island

by Taylor Williams

HAUPPAGE, N.Y. — A partnership between Chicago-based Venture One Real Estate and New York City-based Affinius Capital has delivered a 123,970-square-foot speculative industrial project in the Long Island community of Hauppage. The site at 49 Wireless Blvd. is located within Hauppage Innovation Park, and the building features a clear height of 36 feet, 130-foot truck court depths and parking for 131 cars and 40 trailers. Cushman & Wakefield is marketing the property for lease.

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AcquisitionsMassachusettsNortheastRetail

Freudenheim Partners Arranges $7.3M Sale of Metro Boston Retail Building

by Taylor Williams

FRAMINGHAM, MASS. — Boston-based brokerage firm Freudenheim Partners has arranged the $7.3 million sale of a 31,199-square-foot retail building in Framingham, located on the western outskirts of the state capital. The building at 280 Worcester Road was constructed in 1930, according to LoopNet Inc. Leigh Freudenheim of Freudenheim Partners represented the seller, Bosse Framingham Turf LLC, in the transaction. Cindy Laughrea of Engel & Volkers represented the buyer, William Marsh Holdings LLC.

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