COPPELL, TEXAS — Addison-based Biel Partners has brokered a 19,000-square-foot office/warehouse lease for Triathlon Battery Solutions Inc. The company is a United States incorporated entity with investment backing from its German parent, Triathlon Batterien GmbH. The new location will be Triathlon’s headquarters within the United States. Triathlon supplies clients with lead-acid and lithium-ion batteries powering equipment such as electric forklifts and pallet jacks, electric industrial trucks and mobile lifting platforms. Triathlon occupied its new space at 631 Southwestern Blvd., Suite 140 in Coppell earlier this month and will hold a grand opening ceremony in October. Jeremy Kelly of Stream Realty Partners represented the landlord, ML Realty, in the lease deal.
RICHARDSON, TEXAS — Aprima Medical Software Inc., a provider of electronic health records, practice management and revenue cycle management solutions for medical practices, has signed a lease for its 55,000-square-foot corporate headquarters at 1010 E. Arapaho Road in Richardson. The facility will house 250 Aprima employees, who will be relocating from other north Texas facilities, including the company’s current headquarters in Carrollton. Aprima expects to occupy the new facility beginning in August. The new headquarters will house Aprima’s corporate administrative functions, product development, customer support, training and project management and revenue cycle management operations. John Roper of CBRE represented the tenant in lease negotiations. Momentum Commercial Realty’s Roy Greenberg and Bryan Lurie handled negotiations on behalf of the property owner. Dallas-based Momentum Commercial Realty recently acquired the three-story office building known as 1010 Arapaho, in which Aprima’s new headquarters will be based.
STAMFORD, CONN. — Choyce Peterson Inc. has brokered a 24,000-square-foot office lease on behalf of Cara Therapeutics Inc. The company plans to relocate its headquarters to the new space at 107 Elm St. within Stamford Plaza in Stamford. On-site amenities of the property include a cafeteria, conference facility, fitness center, sundries shop, dry cleaner, plus a car wash and detailing service. Cara Therapeutics relocated from One Parrot Drive in Shelton, Conn. John Hannigan and Adam Cognetta of Choyce Peterson represented the tenant in the transaction. The landlord, RFR Realty LLC, was represented in-house by Margaret Carlson, Steve Lash and Ed Wissell.
NORTHFIELD, ILL. — Reed Construction will complete a 545,000-square-foot renovation and build-out for Medline Industries Inc. in Northfield, approximately 20 miles northwest of Chicago. Medline, a global medical supply manufacturer and distributer, will relocate its headquarters to the facility, which was the former headquarters for Kraft Foods. Medline’s current headquarters in Mundelein, Ill., will stay open for the next several years. The renovation will include interior demolition and a rebuild of the existing space, followed by construction of new offices, meeting rooms, break areas and more. The construction is slated for completion this November. Partners by Design is providing architectural services, and MB Real Estate is representing the owner.
PEWAUKEE, WIS. — The Dickman Company Inc./CORFAC International has arranged a 20,242-square-foot office and industrial lease in Pewaukee, approximately 20 miles west of Milwaukee. TF Final Mile LLC will occupy Suite 200 in the building, which is located at W233 N2800 Roundy Circle W. Byrne Family Limited Partnership & 3RP LLC is the landlord. Samuel M. Dickman Jr. and Samuel D. Dickman of The Dickman Company represented the landlord in the transaction. Bill Langhoff of Colliers International represented the tenant.
JERSEY CITY, N.J. — American Realty Advisors has acquired 30 Montgomery Street, a 16-story boutique office tower located in the Hudson Waterfront submarket of Jersey City. Rubenstein Partners and Onyx Equities sold the 315,385-square-foot building for $101 million. At the time of sale, the building was 71.6 percent leased to 46 tenants. David Bernhaut, Andrew Merin and Gary Gabriel of Cushman & Wakefield represented the seller.
TEWKSBURY, MASS. — Rubenstein Partners has received $28.1 million in refinancing for the Center at Innovation Drive in Tewksbury. The recently rebranded property, formerly known as 495 Business Center, comprises four conjoined buildings located at 200, 300, 400 and 500 Innovation Drive. The complex features 706,000 square feet of office, manufacturing and warehouse space. Cambridge Savings Bank provided the financing. The facility is currently undergoing an interior and exterior renovation and capital improvement plan, which is slated for completion later this year. The redevelopment will transform the facility into a creative office complex.
SOUTHFIELD, MICH. — Friedman Integrated Real Estate Solutions has arranged an 8,746-square-foot lease for The Steinberg Law Firm, which will occupy space in the Onyx office building in Southfield, approximately 15 miles northwest of Detroit. The space will serve as the firm’s new headquarters, which was formerly located in Farmington Hills. Located at 29777 Telegraph Road, Onyx is a four-story building situated on 11.9 acres. The recently renovated building features amenities such as a sundry shop, café, conference facility and on-site management. Other new tenants to the building include Fras-le North America, Bogdahn Consulting, Dynamic Wealth Solutions and Szura-Delonis. David Friedman, Jordan Friedman and Greggory Kent of Friedman represented the landlord in the transaction.
WASHINGTON, D.C. — Skanska has signed a $60 million contract with the District of Columbia Water and Sewer Authority to construct its new administrative headquarters building in Washington, D.C. Skanska will build the new headquarters over an operating pump station. The 150,694-square-foot building will house roughly 350 D.C. Water and Sewer employees. The project is targeted for LEED Platinum certification. Skanska will break ground on the facility this year with an expected completion for December 2017.
TAMPA, FLA. — HRE/Sefira Cypress LLC, a joint venture between Highline Real Estate Capital and Sefira Capital, has closed on its $13.1 million purchase of Cypress Point Office Park in Tampa. Cypress Point is a six-building, 165,000-square-foot office park located at 10004-10014 Dale Mabry Highway. The park was 88 percent leased at the time of sale. Longtime CREC principal David Moret formed Highline Real Estate Capital in February 2016, and Cypress Point was the inaugural purchase for the company. Mijael Attias and Aby Galsky formed Sefira Capital in September 2015. Jeffrey Morris and Bret Felberg of JLL represented the seller, Tomorrow VII Cypress LP, in the sale. Tarik Bateh of JLL’s capital markets group arranged acquisition financing through TD Bank on behalf of the new ownership group. HRE/Sefira Cypress LLC has selected Focus Real Estate Services to provide management and leasing services for Cypress Point.