Property Type

SCHAUMBURG, ILL. — Glenstar Properties has executed 12 office leases totaling 154,000 square feet at its Schaumburg Corporate Center in the Chicago suburb of Schaumburg. The lease signings include 89,000 square feet of new leases and 65,000 square feet of renewals. Schaumburg Corporate Center is a three-building office complex totaling 1 million square feet. Among the leases was global banking firm Citigroup’s new lease for 49,400 square feet across two floors. Citigroup will relocate from its current Northwest suburban office location in January. Additionally, an unnamed data analytics company signed a lease for 24,700 square feet and will relocate its 125 employees in November. The 10 additional lease signings were for spaces ranging in size from 834 to 27,000 square feet. Bill Saviski and Christian Domin of Glenstar represented ownership in the lease with Citigroup, while Gary Fazzio and James Otto of CBRE represented the tenant. On the lease with the data analytics company, Saviski represented ownership, while Fazzio and colleague Paul Diederich represented the tenant. About 76 businesses are located at Schaumburg Corporate Center. Some of the larger tenants include Misumi USA, American Agricultural Insurance Co., Pronto Finance and Munich RE Specialty Group NA Inc. Glenstar completed a $30 …

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CHICAGO — Total Quality Logistics (TQL), a logistics company specializing in shipping needs and supply chain efficiencies, has signed a 36,322-square-foot office lease at The National, a 20-story office building totaling 600,830 square feet in Chicago’s Central Loop. Germany-based Commerz Real owns the property, which is located at 125 S. Clark St. TQL’s new lease represents a 5,000-square-foot expansion over its previous office at 328 S. Jefferson St. Eric Myers, Kathleen Bertrand and John Nelson of Transwestern Real Estate Services represented the landlord, while Jon Milonas and James Otto of CBRE represented the tenant. Originally built in 1907 and designed by Daniel Burnham, The National is designated as a Chicago landmark. The building was renovated in 2015 to include a new fitness center, tenant lounge and outdoor terrace. The renovation also included the addition of Revival Food Hall, a 24,000-square-foot dining marketplace that features local restaurants in a grab-and-go setting.

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CHICAGO — Urban Innovations has negotiated seven office leases at its buildings in Chicago’s River North neighborhood. Altec Solutions Inc., a recruiter for manufacturing and engineering careers, signed a lease for 3,484 square feet at 325 W. Huron St. Michael Graham of CBRE represented the tenant. Aptus Architecture renewed a 2,394-square-foot lease at 325 W. Huron St. Jason Schulz of The J. Rich Co. represented the architecture firm. Blue Chip Marketing Worldwide signed a lease renewal for 6,784 square feet in 720 N. Franklin St. Chris Cummins of JLL represented the tenant. Challenger Logistics International Inc., a logistics and supply chain management firm, inked a 2,895-square-foot lease at 444 N. Wells St. Isabelle Montagne and Brian Means of JLL represented the tenant. Consulting firm Communication Research Associates Inc. leased a 1,500-square-foot space at 325 W. Huron St. Jaquis Covington of JLL represented the firm. Arts organization Ingenuity Incorporated Chicago renewed its lease at 440 N. Wells St. Michael Schneider of X10 Commercial represented the organization. NuHaus Corp. signed a 1,479-square-foot lease for a millwork showroom at 445 N. Wells St. Stephen Di Padua of Berkshire Hathaway represented the tenant. Aaron Zaretsky and Candice Marek represented ownership on an internal basis …

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LAKE ST. LOUIS, MO. — Spellman Brady & Co. has completed the interior design for the clubhouse and leasing office of Citrine, a luxury apartment community in Lake St. Louis, a northwest suburb of St. Louis. Mill’s Properties owns the community. Spellman Brady was responsible for specifying and procuring the furniture, artwork and accessories for the clubhouse and leasing office. The 2,685-square-foot clubhouse features a fitness center, dog park, pet spa and community lounge with a bistro café. Spellman Brady collaborated with GMA Architects and ARCO Construction Co. on the project.

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BENSENVILLE, ILL. — Apex Industrial Automation, an industrial equipment and motor supplier, has acquired a 14,400-square-foot industrial building in the Chicago suburb of Bensenville for an undisclosed price. Apex will occupy over half of the building, which is located at 222-224 Williams St. The remainder of the building will be occupied by an existing tenant. Jerry Sullivan of DarwinPW Realty/CORFAC International represented the buyer, while Robert DeSalvo of Sierra Realty represented the seller, a private trust.

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DALLAS — Bolour Associates, an investment firm based in Southern California, has sold a 7,190-square-foot medical office building located at 12222 Coit Road in North Dallas. David Zoller and Corbin Tanenbaum of Weitzman represented Bolour in the transaction as well as in its original acquisition of the property in 2022. Justin Utay of NAI Robert Lynn represented the undisclosed buyer.

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HOUSTON — Vard Marine Inc., a provider of naval architecture and marine engineering services, has signed a 6,694-square-foot office lease at 1311 Broadfield Blvd. in Houston’s Energy Corridor area. According to LoopNet Inc., the building was constructed in 2000 and totals 155,407 square feet. D.J. Hale of Oxford Partners represented the tenant in the lease negotiations. Jack Russo of JLL represented the landlord.

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Public-Storage-Midtown-Manhattan

NEW YORK CITY — A joint venture between The Davis Cos., a Boston-based development and investment firm, and Highland Development Ventures has completed a 6,000-unit self-storage facility at 155 West 29th St. in Manhattan’s Chelsea neighborhood. Public Storage will operate the facility, which rises 18 stories and spans roughly 180,000 net rentable square feet. Project partners included Mancini Duffy (architect of record), Cauldwell Wingate Construction (general contractor), GEA Consulting Engineers (mechanical, electrical, plumbing and fire protection engineer) and McNamara Salvia (structural engineer).

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655-Third-Avenue-Manhattan

NEW YORK CITY — Empire State Development has signed a 117,181-square-foot office headquarters lease at 655 Third Avenue in Midtown Manhattan. The state’s chief economic development agency will occupy five full floors of the 30-story, 425,000-square-foot building, which was originally constructed in 1958. Tom Bow, Ashlea Aaron and Bailey Caliban internally represented the landlord, The Durst Organization, in the lease negotiations. Moshe Sukenik and Brian Cohen of Newmark, along with Joan Brothers of Manhattan Boutique Real Estate, represented Empire State Development.

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WESTBURY, N.Y. — Locally based developer Terwilliger & Bartone Properties has begun leasing Cornerstone Westbury, a 112-unit apartment complex located in the Long Island community of Westbury. Phase I of the project totals 72 units and will be complete this fall, while Phase II consists of 58 units that are scheduled to come on line in early 2024. Residences come in studio, one- and two-bedroom floor plans, with 18 units reserved as workforce housing. Amenities include a fitness center, clubhouse and a rooftop patio. Information on starting rents was not disclosed.

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