Weekly Wrap-Up of Largest Reported Workplace Leases Include: FNB, OC School Preparedness Coalition, EZE Castle Integration, CRA International and more
Haverty Furnishings Cos. Signs Seven-Year HQ Extension at The Centrum at Glenridge
Haverty Furniture Cos. (NYSE: HVT) has accepted a seven-year extension that will keep the furnishings retailer’s long time home offices at the Centrum at Glenridge in Atlanta. The 186,826-square-foot, eight-story office building has actually housed the corporate workplaces of Haverty’s given that 1999. The seller, which occupies 48,000 square feet across the top 2 floors of the structure in an offer that likewise consists of signs, chosen to re-up its lease prior to the deal’s expiration in September. Chris Dean and Reid Freeman Jr. of Stream Real estate worked out the extension on behalf of Ascentris/Origin, while John Shlesinger of CBRE represented Haverty’s. By Betsy Gardner FNB Signs Anchor Lease at Downtown Raleigh Job, Paves Method for 22-Story High-Rise The downtown Raleigh skyline is set to undergo an expansion following news Pittsburgh-based FNB Corp.( NYSE: FNB)< a href=" http://www.costar.com/News/Article/FNB-Signs-Anchor-Lease-at-Downtown-Raleigh-Project-Paves-Way-for-22-Story-High-Rise/191305 ” target =” _ blank” > agreed to an anchor lease that will pave the way for a brand-new 22-story workplace and residential advancement to be called FNB Tower.
Located at 501 Fayetteville St., the approximately $110 million task will bring more than 150,000 square feet of Class An office, 242 houses and street-level retail area to a site fronting City Plaza one block from the Raleigh Convention Center and Shaw University in Raleigh’s main business district.
The property will act as the local headquarters of FNB Corp., the moms and dad business of First National Bank and owner of Raleigh’s Yadkin Bank. The company will at first occupy 40,000 square feet in the structure with an option to expand, and run a retail count on the ground flooring.
Gregg Broujos and Kathy Gigac of Colliers International, in cooperation with David Thor of JLL, worked out FNB’s lease on behalf of the firm. By Vicente Garces
OC School Preparedness Union Leases 18,000 SF Orange County School Readiness Union, Inc. signed a 17,516-square-foot workplace lease at 7700 Southland Blvd. in Orlando, FL.
The two-story, 58,900-square-foot office building was built in 1983 in the Orlando Central Park submarket of Orange County, within the Entrance Service Park.
Nathan Eissler of Avison Young represented the proprietor, Surterre LLC. By Desirae Cole
EZE Castle Combination Restores Lease at 529 Fifth Ave.
EZE Castle Combination, a tech firm with a concentrate on the financial investment management industry including hedge funds and private equity companies, has renewed its lease at 529 5th Ave. in New york city City with a brand-new seven-year offer. The lease will keep the firm in 17,925 square feet on the seventh floor.
This offer comes after Silverstein residential or commercial properties completed a remodelling of the building which offered updated functions such as turnstiles, updated shop fronts and marble floors and walls.
Ben Friedland, Michael Movshovich and Taylor Scheinman of CBRE represented the occupant. Roger Silverstein, Joseph Artusa and Camille McGratty with Silverstein Properties represented the property owner in-house. By Joseph Miles Barkley
CRA International Leases Extra 17,000 SF in Manhattan.
Charles River Associates (CRA) signed an 11-year lease for an additional 16,587 square feet on the 25th flooring of 1411 Broadway.
CRA currently inhabits 25,261 square feet on the building’s 35th flooring, providing the occupant a total of practically 42,000 square feet there through 2028.
Paul Amrich, Neil King, Emily Jones and Patrice Meagher with CBRE represented the property owner, Ivanhoe Cambridge, Inc., in lease negotiations. By Laura Hart
Lyndra to Open Expanded Office/Lab at 65 Grove.
Lyndra, Inc., a health care business establishing ultra-long acting oral drug shipment technologies, signed a lease for 14,450 square feet in the office building at 65 Grove St.
in Watertown, MA. Lyndra will move from 134 Coolidge Ave. to its expanded area on the third flooring of 65 Grove later this year, signing up with Bosch Thermotechnology Corp. which signed a 17,188-square-foot lease earlier this year for its brand-new northeast head office.
Daniel Krysiak, Philip Giunta and George Nugent of Newmark Knight Frank represented the proprietor, Cresset Development. Commonwealth Standard Realty represented the renter. By LaShawnda Sharp
TCN Takes 14,112 SF in Kettering.
TCN, a behavioral health service organization, rented 14,112 square feet in the office building at 3085 Woodman Dr. in Kettering, OH.
TCN will share the three-story, 72,636-square-foot building with tenants such as Systech Environmental Corp., Robert K Jones Insurance coverage, Vernon F. Glaser & & Associates, and Centerville Bellbrook times.
Amber Wenzler and Tony Witt of Cushman & & Wakefield represented the proprietor in the lease settlements. By Bethany Mauney
South Denver Gastroenterology Signs Office Lease.
South Denver Gastroenterology, a medical supplier committed to the research study, medical diagnosis and treatment of conditions of the digestion system, signed a 10-year lease at 3911 Ambrosia St. in Denver. South Denver Gastroenterology will occupy 13,579 square feet in Building One. The two-story building totals 20,985 square feet and is located in the Meadows Town Center in the Parker/Castle Rock submarket. Matt Call, Ian Elfner and Heather Taylor of NavPoint Property Group represented the proprietor in the transaction. By April Cruse BB&T Leases 13,000 SF in Charleston. Banks&BB&T signed a five-year workplace lease for 12,561 square feet at 174 Meeting St. in Charleston, SC. The four-story office complex totals 60,000 square feet and lies in the Historic
District of Downtown Charleston. BB&T’s lease includes the majority of the 3rd floor. Buddy Gray and Jeff Mixson of Holder&Residence represented the landlord.
By Charles E. Stevens