WESTWOOD VILLAGE, CALIF. — CBRE has brokered the sale of a multi-tenant retail and office property located at 1136-1140 Westwood Blvd. in Westwood Village. More LLC acquired the property from a private family trust for approximately $4 million. The two-story building features 6,340 square feet of retail and office space. Current tenants include D'Amores Pizza and a variety of office users. Alex Kozakov, Patrick Wade and Matthew Greenberg of CBRE represented the seller and the buyer in the..
LAWRENCEVILLE, N.J. — Vision Real Estate Partners has negotiated an 89,000-square-foot office lease at 1009 Lenox Drive in Lawrenceville, New Jersey, for software company Billtrust and 14,000 square feet for law firm Pelletieri at 989 Lenox Drive. The two properties are part of the 817,000-square-foot Class A Princeton Pike Corporate Center. Billtrust, a payment cycle management software company founded in 2001, has established its new headquarters at the campus.
DENVER — Pinnacle Real Estate Advisors has arranged the sale of an office building located at 1423 Race St. in Denver. George Wolf Memorial Trust purchased the property from Dave Chvosta for $1.7 million, or $323 per square foot. The property features 5,338 square feet of office space. Kevin Calame of Pinnacle Real Estate represented the buyer and seller in the deal.
SANDY SPRINGS, GA. — Mercedes-Benz USA (MBUSA) celebrated the grand opening of its new headquarters in Sandy Springs on Thursday. The 200,000-square-foot office building is located on a 12-acre campus near Ga. 400 in Atlanta’s Central Perimeter office submarket, roughly 14 miles north of downtown Atlanta. This move was years in the making, as MBUSA announced in January 2015 that it was moving its headquarters from Montvale, N.J., to Atlanta. Since that time the German automaker also won..
MARIETTA, GA. — Avison Young has arranged a 50,900-square-foot lease for First Data Corp., a leader in commerce-enabling technology and solutions, at 1600 Terrell Mill Road in Marietta. The office building is located less than three miles from the Atlanta Braves’ new home at SunTrust Park and 15 miles north of downtown Atlanta. Jillian Bailey, Rick Nash and Ben Parker of Avison Young arranged the lease on behalf of the landlord, Zamir Equities. The eight-year lease brings the building to..
DEARBORN, MICH. — Signature Associates has negotiated a 68,305-square-foot office lease renewal and expansion for Jackson Dawson Communications Inc. and its subsidiary Benmar Communications in Dearborn. The creative marketing and branding company, headquartered in Dearborn, occupies the space at 1 Parklane Blvd. Chris Secontine of Signature Associates represented both the tenant and the landlord, Fairlane Venture One LLC, in the lease transaction.
CHICAGO — Euromonitor International LLC has signed a 36,023-square-foot office lease at 1 N. Dearborn St. in Chicago. The independent provider of strategic market research will move its North American headquarters from 224 S. Michigan Ave. in October of this year. Euromonitor will occupy the 17th floor of the Central Loop office tower, which is owned by Beacon Properties. Tony Karmin and Corby Marx of Colliers International represented the tenant in the lease transaction. Jack O’Brien and..
HOUSTON — NAI Partners has negotiated a 54,891-square-foot office lease renewal at 2600 N. Loop West in Houston. Jon Silberman of NAI Partners represented the tenant, PFS Group LLC, a provider of accounts receivables solutions and programs, in the lease negotiations. The name and representative of the landlord were not disclosed.
ALPHARETTA, GA. — Atlanta Property Group (APG) has acquired One Point Royal, a 150,000-square-foot office building located at 4400 N. Point Parkway in Alpharetta, roughly 27 miles north of downtown Atlanta. The Atlanta Business Chronicle reports Tfo Reva Oa Opr LLC sold the building for $18.5 million. Samir Idris of Cushman & Wakefield arranged the transaction on behalf of the seller. The two-story building was constructed in 1996 and was 92 percent leased at the time of sale to 12..
SANDY SPRINGS, GA. — Transwestern has secured a 60,402-square-foot lease for Newell Brands Inc. at Morgan Falls Office Park, a five-building office complex located at 7840 Roswell Road in Sandy Springs, roughly 15 miles north of downtown Atlanta. Newell Brands, a Hoboken, N.J.-based marketer of consumer and commercial brands including Yankee Candle, Rubbermaid and Sharpie, will occupy almost all of Building 100. The lease brings the recently renovated building to full occupancy. Jeff Taylor..