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April 6, 2021
Subject: Leases (LSE)
Asking Rent for Ground-Floor Retail Space in Manhattan Falls 13.4 Percent in 1Q
Commercial Real Estate Direct Staff Report The average asking rent for ground-floor retail space in Manhattan was $618/sf in the first quarter, down 13.4 percent from a year earlier, according to CBRE. That was a 5.1 percent decrease from the ...
Thirty-One to Fully Lease Large Warehouse in Flower Mound, Texas
Dallas Business Journal Thirty-One Gifts is fully leasing a 651,518-square-foot warehouse at 951 Garden Ridge Parkway in the Dallas suburb of Flower Mound, Texas. The industrial property will serve as a distribution center for the company, which is relocating from ...
Manhattan Office Leasing Volume Declines 48.1 Percent in 1Q
Commercial Real Estate Direct Staff Report A total of 4.25 million square feet of office leases were signed in Manhattan in the first quarter, a 48.1 percent decline from the 8.19 million sf of leases inked at the same time ...
WeWork Vacates More Manhattan Office Space
Crain's New York Business WeWork has vacated the 48,000 square foot of office space it had been leasing at 349 Fifth Ave. in Manhattan. Zar Property owns the eight-story building, which is between Fifth and Madison avenues, across from the ...
Logistics Firm to Lease More Than 350,000 SF of Industrial Space in DeSoto, Texas
Dallas Morning News Gulf Relay has agreed to lease more than 350,000 square feet of industrial space in the Dallas suburb of DeSoto, Texas. The Clinton, Miss., third-party logistics provider is taking its space at the Crossroads Trade Center 1 ...
Yokohama to Fully Lease Dallas-Area Warehouse
Dallas Business Journal Yokohama Tire Corp. has agreed to fully lease a recently-built industrial property in Wilmer, Texas, about 16 miles southeast of Dallas. The Japanese tire manufacturer signed a long-term lease for Intermodal III, a 431,630-square-foot warehouse at 600 ...
Pharma Company Fully Leases 85,000-SF Life-Sciences Building in Rockville, Md.
Bisnow TCR2 Therapeutics Inc. has signed a lease to fully occupy the 85,000-square-foot life-sciences building at 9950 Medical Center Drive in Rockville, Md. The Cambridge, Mass., pharmaceuticals company will use the facility to manufacture cell therapies for cancer patients. Its ...
Mattress Manufacturer to Fully Lease Industrial Building Near Charlotte, N.C.
Charlotte Business Journal Mlily USA has agreed to fully lease a 277,290-square-foot industrial building in the Charlotte, N.C., suburb of Rock Hill, S.C. The China-based mattress manufacturer, which is owned by Healthcare Co. Ltd., is taking its space at the ...
Amazon Leases 520,000-SF Warehouse in Baltimore
Baltimore Business Journal Amazon.com Inc. has signed a lease for a 520,000-square-foot warehouse in Baltimore. The building will be part of the Tradepoint Atlantic project that a venture of Redwood Capital Investments and Hilco Global is developing on the site ...
Wayfair Opening 1.2Mln-SF Distribution Center in Suburban Baltimore
Baltimore Business Journal Wayfair LLC has signed a lease to occupy a 1.2 million-square-foot distribution center that’s under construction in Aberdeen, Md., about 30 miles northeast of Baltimore. The online home furnishings company plans on moving into the building late ...
