Office

CALIFORNIA ALUMINUM MAKER TO MOVE HEADQUARTERS TO CHICAGO

by admin March 18, 2013

CHICAGO —Century Aluminum has signed a lease for 16,146 square feet of office space at One South Wacker in downtown Chicago. The publicly traded aluminum maker will move its headquarters from Monterrey, Calif. to the Windy City later this year. Paul Petricca and Melissa Rubenstein of Jones Lang LaSalle completed the transaction on behalf of the building’s owner, Norfolk, Va.-based Harbor Group International, which acquired the 40-story, 1.2-million-square-foot building from TIAA-CREF in December. Michael Cello and Tim Lisy of DTZ represented Century Aluminum in the transaction.

March 18, 2013

MAGELLAN BEHAVIORAL HEALTH EXTENDS 8,798 SF OFFICE LEASE

by admin March 18, 2013

FARMINGTON, HILLS, MICH. — Magellan Behavioral Health Inc. has extended its 8,798-square-foot office lease at 34705 W. Twelve Mile Road in Farmington Hills, a northwest suburb of Detroit. Chris Secontine and John Gordy of Signature Associates represented the landlord, Investors Warranty of America Inc., in the transaction. Magellan Behavorial Health, a long-term tenant at the building, is a division of Magellan Health services and focuses on patients with behavioral issues.

March 18, 2013

Northeast Office

CLARUS GROUP, CARLIN & WARD SIGN LEASES AT FLORHAM PARK CORPORATE CENTER

by admin March 18, 2013

FLORHAM PARK, N.J. —The Clarus Group LLC and Carlin & Ward P.C. have signed leases at Florham Park Corporate Center, a 226,000-square-foot, Class A office property in Florham Park, N.J. The Clarus Group signed a lease for 5,375 square feet at 25 B Vreeland Road, which is located just off the Columbia Turnpike near Eisenhower Parkway. Fred P. Hyatt of Jones Lang LaSalle represented the Clarus Group. Bryn Cinque and James Bailey of Colliers represented the landlord in the transaction. Additionally, Carlin & Ward, a law firm, renewed its lease of 5,894 square feet of office space at Florham Park. John Osborne of Bergman Real Estate Group represented the landlord, while Jeremy Neuer, Peter Shikar and Robert Norton of CBRE represented Carlin & Ward in the transaction.

March 18, 2013

Office Texas

BOKA POWELL COMPLETES STREAM REALTY'S DALLAS HEADQUARTERS

by admin March 18, 2013

DALLAS — BOKA Powell, a Dallas-based architecture and design firm, has completed the interior design work of Stream Realty's new 35,000-square-foot headquarters space in the Trammell Crow Center in downtown Dallas. Stream Realty occupies the 28th floor and portions of the 26th floor in the office building, located at 2001 Ross Ave. in Dallas' arts district. The headquarters houses approximately 150 employees. The new office space includes an open floor plan, floor-to-ceiling windows, modular work stations, a cluster of conference rooms and a large lobby.

March 18, 2013

Office Texas

HARTMAN INCOME REIT BUYS PARKWAY PLAZA I & II

by admin March 18, 2013

DALLAS — Houston-based Hartman Income REIT has purchased Parkway Plaza I & II, two office buildings totaling 136,283 square feet in Dallas. The properties are located at the intersection of Spring Valley and Dallas North Tollway. Hartman purchased the office buildings through an affiliate, Hartman Short Term Properties XX Inc., from Merit Texas Properties LLC. The office buildings' tenants include JPMorgan Chase, GHA and RTW Advisors. Tom Strohbehn and Scot Farber of Cushman & Wakefield represented the seller in the transaction. The buyer was self-represented by Dave Wheeler, Julian Kwok and Matt Blasi.

March 18, 2013

Northeast Office

ALLOY DIGITAL SIGNS A SUBLEASE FOR 29,416 SF OF OFFICE SPACE IN NYC

by admin March 15, 2013

NEW YORK CITY — Alloy Digital LLC has signed a six-year, 28,416-square-foot sublease at 498 Seventh Ave. in New York City. The Class A office building spans 880,000 square feet. Alloy Digital was represented by Alexander Chudnoff, executive managing director, and Dan Turkewitz, senior vice president, of Jones Lang LaSalle in the transaction. Howard Fiddle and Joe Mangiacotti of CBRE Inc. represented the sublandlord, Liquidnet Holdings. George Comfort & Sons Inc. owns the building. Alloy Digital will occupy the entire 19th floor at 498 Seventh Ave. The digital media firm is relocating to the Times Square District office building from its previous offices at 151 W. 26th St.

March 15, 2013

Office Texas

CBRE MARKETING TWO MACARTHUR RIDGE IN LAS COLINAS

by admin March 15, 2013

IRVING, TEXAS — Hines has selected CBRE to be the marketing advisor for Two MacArthur Ridge, a six-story, 250,869-square-foot office building in Irving's Las Colinas submarket. The office building, located at 909 Hidden Ridge Drive, includes a four-story parking garage and is currently 99.5 percent leased. The office building houses the corporate headquarters of La Quinta Inns Inc. and MedSynergies Inc. Additionally, the office building recently added a new tenant-shared conference facility and an upscale fitness center. Gary Carr, John Alvarado and Eric Mackey of CBRE will represent Hines in its marketing campaign.

March 15, 2013

Office Western

FIVE CENTERPOINTE OFFICE BUILDING CHANGES HANDS IN LAKE OSWEGO

by admin March 14, 2013

LAKE OSWEGO, ORE. – The 113,910-square-foot Five Centerpointe office building in Lake Oswego has sold to Urban Renaissance Investment Partners Ifor an undisclosed amount. The center is located in the Kruse Way submarket. The office building is currently 85 percent leased.The buyer was represented by Buzz Ellis andAndrew Rosengartenof Jones Lang LaSalle. The seller, a pension fund, was also represented by Ellis.

March 14, 2013

Office Western

REGUS CORPORATION LEASES 16,324 SF AT PROMENADE CORPORATE CENTER

by admin March 14, 2013

SCOTTSDALE, ARIZ. — Regus Corporation has leased 16,324 square feet of office space at Promenade Corporate Center in Scottsdale. The center is located at 16427 N. Scottsdale Road. The Class A office buildings are 87 percent occupied. Regus was represented by CBRE’s Kevin Calihan. The landlord, Excel Promenade Office LLC, was represented by Jeffrey Wentworth and Sean Spellman of Cassidy Turley Arizona’s Office Group.

March 14, 2013

Office Southeast

L4 CAPITAL SELECTS CASSIDY TURLEY TO MARKET COURTHOUSE SQUARE OFFICE COMPON

by admin March 14, 2013

LEESBURG, VA. — Developer L4 Capital Partners has selected Cassidy Turley to lease the office component of Courthouse Square, a mixed-use development in downtown Leesburg. The project is slated to begin construction in the fourth quarter of 2013 and includes 110,560 square feet of Class A office and retail space. Bert Harrell, Anthony Chang and Chris Darlingof Cassidy Turley will market the property, which is located across the street from the Loudoun County Courthouse at the intersection of Church and Loudoun streets. The $45 million project is scheduled for completion in 2015. The office component will feature four outdoor terraces, green-roof systems, bicycle storage and a shower room. The development will also include 21,300 square feet of retail and restaurant space.

March 14, 2013

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