InSite Buys Site for Multi-Tenant Retail Project in Fairview Park, OH
InSite Real Estate purchased a 1.79-acre site for a multi-tenant retail project at 21077 Center Ridge Road in Fairview Park, OH. InSite signed a long-term ground lease with Red Robin for a 5,215 SF single-tenant building and sold a 22,000 SF pad site to Panda Express for a 2,233 SF single-tenant building. Both buildings will be completed in the third quarter of 2017. Panda Express offers Chinese-cuisine-inspired dishes at over 1,700 company-owned and operated locations throughout North America. Red Robin Gourmet Burgers and Brews, or simply Red Robin, is a chain of over 500 casual dining restaurants throughout the United States.
InSite Signs 1,200 SF Lease Renewal with Cricket Wireless in Waukegan, IL
InSite Real Estate signed a long-term lease renewal with Cricket Wireless at 3035 Belvidere Road, a 14,180 SF multi-tenant retail building owned by InSite, in Waukegan, IL. Cricket Wireless is a prepaid wireless service provider, offering voice, text, and data and is a wholly owned subsidiary of AT&T.
InSite Buys Site for 28,720 SF Fresh Thyme Farmers Market Build-to-Suit in St. Peters, MO
InSite Real Estate purchased a 3.70-acre site and signed a long-term lease with Fresh Thyme Farmers Market, an InSite build-to-suit program client, for a 28,720 SF single-tenant retail building at 3600 St. Peters Parkway in St. Peters, MO. The building will be completed in the fourth quarter of 2017. Fresh Thyme Farmers Market is a full-service specialty grocer focusing on fresh, healthy, natural, and organic offerings with plans to open 80 stores in the Midwest by 2019.
InSite Extends 338,140 SF Industrial Lease with Trane in Vidalia, GA
InSite Real Estate signed a 338,140 SF lease extension and expansion with Trane at 100 Brinson Road, a 540,000 SF rail-served industrial building owned by InSite, in Vidalia, GA. Trane is a global provider of indoor comfort solutions and services and a brand of Ingersoll Rand.
InSite Extends 201,860 SF Industrial Lease with Dot Foods in Vidalia, GA
InSite Real Estate signed a 201,860 SF lease extension and expansion with Dot Foods at 100 Brinson Road, a 540,000 SF rail-served industrial building owned by InSite, in Vidalia, GA. Dot Foods is the largest foodservice redistribution company in the United States. Dot offers over 105,000 products from 600 food industry manufacturers.
InSite Completes 28,709 SF Fresh Thyme Farmers Market Build-to-Suit in Canton, MI
InSite Real Estate completed a 28,709 SF single-tenant building for Fresh Thyme Farmers Market, an InSite build-to-suit program client, at 43480 Ford Road in Canton, MI. A full-service specialty retailer focusing on value-priced fresh, healthy, natural and organic offerings, Fresh Thyme is scheduled to open 80 stores by 2019.
InSite Signs 62,000 SF Industrial Lease Expansion with Rapid Displays in Chicago, IL
InSite Real Estate signed a 62,000 SF industrial lease expansion with Rapid Displays at Lincoln Business Center, an 835,000 SF multi-tenant industrial building owned by InSite, located at 4100 West 76th Street, Chicago, IL. Rapid Displays, an industry leader in retail merchandising solutions, now occupies 407,420 SF in the building.
InSite Completes 170,000 SF Cott Beverages Industrial Build-to-Suit in Sikeston, MO
InSite Real Estate completed a 170,000 SF build-to-suit expansion to Cott Beverages’ existing industrial building at 301 Larcel Drive in Sikeston, MO. Cott Beverages produces, packages, and distributes a wide selection of bottled and canned carbonated beverages under private label and branded names worldwide.
InSite Extends 2.3M SF Industrial Lease with General Motors in Ypsilanti, MI
InSite Real Estate signed a 2.3M SF long-term lease extension with General Motors Company at 2625 and 2885 Tyler Road, a 2.4M SF rail-served industrial building owned by InSite in Ypsilanti, MI. GM is one of the world’s largest automakers.
InSite Completes 10,772 SF Portillo's Build-to-Suit in Deerfield, IL
InSite Real Estate completed a 10,772 SF single-tenant retail building for Portillo’s Hot Dogs at 700 West Lake Cook Road in Deerfield, IL. Portillo's is a chain of over 40 restaurants located in five states that specializes in serving Chicago-style food.
InSite Extends 138,000 SF Industrial Lease with Silvercote in Macedonia, OH
InSite Real Estate signed a 138,000 SF lease extension with Silvercote at 9600 Valley View Road, a 293,400 SF multi-tenant industrial building owned by InSite, in Macedonia, OH. Silvercote manufactures laminated insulation for steel and wood frame buildings.
InSite Buys 58-Acre Site for 500,000 SF Fiat Chrysler Automobiles Industrial Build-to-Suit in Romulus, MI
InSite Real Estate purchased a 58-acre site and signed a long-term lease with Fiat Chrysler Automobiles (FCA) US LLC for a 500,000 SF single-tenant build-to-suit industrial building at I-275 and Pennsylvania Road in Romulus, MI. The building will be completed in the third quarter of 2017. FCA US, a member of the world’s seventh largest automaker, Fiat Chrysler Automobiles N.V., designs, engineers, manufactures, and sells vehicles under the Chrysler, Jeep, Dodge, Ram, and Fiat brands.
InSite Completes 3,500 SF Build-to-Suit for Aspen Dental in Galesburg, IL
InSite Real Estate completed a 3,500 SF single-tenant building for Aspen Dental, an InSite build-to-suit program client, at 2506 Volunteer Drive in Galesburg, IL. Aspen Dental is a dental services organization that provides non-clinical business services to licensed, independent dentists in more than 450 Aspen Dental practices in communities across 28 states.
InSite Completes 3,050 SF Raising Cane's Redevelopment in Gilbert, AZ
InSite Real Estate completed the redevelopment of a 3,050 SF retail building for Raising Cane’s, an InSite build-to-suit program tenant, at 2370 South Val Vista in Gilbert, AZ. Raising Canes is a Louisiana-based chain of over 180 company-operated and franchised restaurants known for its quality chicken finger meals.
InSite Extends 51,000 SF Industrial Lease with Team Athletic Goods, Inc. (TAG) in Shelbyville, TN
InSite Real Estate signed a 51,000 SF long-term industrial lease extension with Team Athletic Goods, Inc. (TAG) at One Sharpie Way, a 475,942 SF industrial building owned by InSite, in Shelbyville, TN. TAG is a sporting goods brand dedicated to providing innovative and high quality athletic equipment, apparel, and uniforms to individuals, teams, and organizations across the world.
InSite Forms European Industrial Property Team
InSite Real Estate is pleased to announce the formation of a European Industrial Property Team focused on acquisition and development opportunities throughout Europe. InSite has hired Kevin Van den Daelen to serve as Director – European Industrial Property. For additional information, contact Kevin at kvandendaelen@insiterealestate.com.
InSite Completes 6,900 SF Multi-tenant Retail Building in Hickory, NC
InSite Real Estate completed a 6,900 SF multi-tenant retail building leased to Mattress Firm, an InSite build-to-suit program client, and Pie Five Pizza Co. at 2115 US Highway 70 East in Hickory, NC. Mattress Firm is one of the nation’s premier specialty bedding retailers, offering a broad selection of both traditional and specialty mattresses, bedding accessories, and related products. Pie Five Pizza Co. is the leading brand in the rapidly growing fast-casual pizza space, offering individual handcrafted pizzas with fresh ingredients made to order in less than five minutes.
InSite Completes 2,700 SF Popeyes Build-to-Suit in DeKalb, IL
InSite Real Estate completed a 2,700 SF single-tenant retail building for Popeyes Louisiana Kitchen at 1127 West Lincoln Highway in DeKalb, IL. Popeyes has more than 2,000 locations worldwide. The menu includes chicken and seafood with a Cajun twist and sides such as red beans and rice, jambalaya and biscuits.
InSite Signs 6,657 SF Office Lease with Transamerica in Burr Ridge, IL
InSite Real Estate signed a lease with Transamerica for 6,657 SF at 1333 Burr Ridge Parkway, a 150,000 SF multi-tenant office building owned by InSite, in Burr Ridge, IL. The Transamerica Corporation is an American holding company for various life insurance companies and investment firms doing business primarily in the United States, offering life and supplemental health insurance, investments, and retirement services.
InSite Completes 6,000 SF Mattress Firm Build-to-Suit in Baxter, MN
InSite Real Estate completed a 6,000 SF single-tenant retail building for Mattress Firm, an InSite build-to-suit program client, at 14242 Dellwood Drive in Baxter, MN. Mattress Firm is one of the nation’s premier specialty bedding retailers, offering a broad selection of both traditional and specialty mattresses, bedding accessories, and related products.