Brokerage
Primark to Open First Store in the Midwest
The company leased an entire building on Chicago’s State Street from The Georgetown Co., marking the largest deal closed on this retail corridor since 2014.
Savills Facilitates Lease Renewal for Chicago Architecture Firm
Robert Sevim, Eric Feinberg and Joe Learner worked on behalf of Skidmore, Owings & Merrill, while JLL represented the landlord. SOM occupies three floors in the Railway Exchange Building.
Frozen Assets Leases 125 KSF Facility in Northlake, IL
CBRE’s Steve Livaditis represented the tenant, while John Suerth and Jason Lev worked on behalf of landlord Bridge Development Partners.
Cawley Chicago Facilitates 3 Office Leases in the O’Hare Market
The transactions total 17,432 square feet, with architecture and engineering firm Kellermeyer Godfryt Hart and distribution company RelaDyne occupying the largest spaces.
Google’s Canada Home to Add $120M Expansion
The search giant is reportedly more than doubling its office footprint in the adaptive reuse project in Kitchener, Ontario. Allied Properties REIT and Perimeter Development Corp. will build the 11-story project.
Charlotte Lands Lowe’s for $153M Tech Hub
The home improvement retailer plans to fill the new, 357,000-square-foot innovation center in the city’s South End neighborhood with as many as 2,000 professionals.
Newmark Knight Frank Arranges 200 KSF Lease in NJ
The tenant at the industrial property in Parsippany is Vitaquest International, a manufacturer of nutraceuticals, which will use the facility for both production and distribution.
ITG Brands Renews 238 KSF Industrial Lease in Tampa
The renewal marks the largest transaction of the past 12 months in the Tampa Bay industrial market. Cushman & Wakefield represented the owner in the negotiations.
Rockefeller Group Inks 139 KSF Industrial Lease
Protempo US Ltd. has joined existing tenant Home Chef in the distribution building in San Bernardino, Calif., which is now fully occupied. 4F Capital purchased a neighboring asset last year.
NAREE Report: The Next Evolution of Flexible Space
Open-space strategies are expanding in coworking and permanent office configurations alike, as tenants demand new options for work, as well as the incorporation of natural light and other wellness features.