JACKSON, WIS. — The Council on Alcohol and Other Drug Abuse of Washington County Inc. has purchased a 5,464-square-foot office building located at N169 W21005 Meadow Lane in Jackson, about 30 miles north of Milwaukee. RE Investment Properties LLC sold the building at an undisclosed purchase price. In a move from West Bend to Jackson, the organization says the new location has more privacy for its rehabilitation and counseling efforts. David Buckley of Cassidy Turley Barry represented the seller in the transaction. Coldwell Banker represented the buyer.
JERSEY CITY, N.J. — The LeFrak Organization has arranged 11 new leases at 111 Town Square Place, a 15-story class-A office tower with 500,000 square feet of office, data and co-location space in Jersey City. The recent transactions totaled 51,699 square feet of space and include tenants Fulcrum Worldwide Inc., International SOS Assistance Inc., Constellation Brands Inc., Transcom, IT Cosmetics, Day & Zimmerman, SumRidge Partners, HCC Global, Clinical Mind, Carrier Domain and Park Ave Technologies. Brian Decillis of The LeFrak Organization, in conjunction with the Robert Rudin, Barry Zeller, Ed Duenas and David DeMatteis Cushman & Wakefield, represented the landlord in the transactions.
FRISCO, TEXAS — Hall Financial Group has broken ground on the 16th office building in the Hall Office Park in Frisco. The new 200,000-square-foot, eight-story office building will be located at 3001 Dallas Parkway. The new site has frontage on the Dallas North Tollway/Dallas Parkway. The new office building is slated for a mid-2014 completion. The building will feature a two-story atrium lobby with high-end finishes and artwork from The Hall Collection. The project team includes designer HKS Inc., general contractor Turner Construction and lender JPMorgan Chase.
DENVER — Guaranty Bank Building, a mid-rise office tower in Denver’s Central Business District, has received $62 million in first-mortgage and mezzanine financing. The 220,287-square-foot building is located at 1331 17th Street. In addition to serving as the headquarters to Guaranty Bank, the building is also home to businesses in the legal and energy sectors. Financing was arranged by Gordon Mickelson and Brock Yaffe of NorthMarq Capital’s Denver regional office.
MOUNTAIN VIEW, CALIF. – A 55,956-square-foot office building in downtown Mountain View has sold to Menlo Equities for $40 million. The Class A building is located at 303 Bryant Street. It is fully leased to Speck Products. The unnamed seller was represented by HFF’s Michael Leggett, Gerry Rohm and Dave Karol in this transaction.
SAN BERNARDINO, CALIF. — interchange Business Center, a 667,024-square-foot industrial center in San Bernardino, has sold to one of the U.S.’s largest privately held real estate advisors for an undisclosed sum. The three-building center is located at 1651 Interchange Drive. The seller was a partnership between Behringer Harvard and CT Realty Investors.
BOSTON — Wayfair.com has signed a 105,000-square-foot lease at Copley Place in Boston’s Back Bay area. The location will become Wayfair.com’s new corporate headquarters. The lease was signed with Simon Property Group Inc. (NYSE: SPG), landlord of Copley Place. The new space is 10 percent larger than Wayfair.com’s current offices at 177 Huntington Ave. and can be expanded as the company continues to grow. Wayfair.com is an online retailer of home goods. Michael Joyce, Jonathan Varholak and Thomas Ashe of Richards Barry Joyce & Partners represented Wayfair.com. Ogden White of CBRE New England represented Simon Property Group.
FORT WORTH, TEXAS — NAI Robert Lynn has arranged the purchase of 39,750 square feet of office/warehouse space at 1201 and 1225 Forum Way S. in Fort Worth. Michael Newsome of NAI Robert Lynn represented the buyer, Cowart Properties LLC, in the transaction. Noel Hutcheson of Colliers International represented the seller.
SAN BERNARDINO, CALIF. — interchange Business Center, a 667,024-square-foot industrial center in San Bernardino, has sold to one of the U.S.’s largest privately held real estate advisors for an undisclosed sum. The three-building center is located at 1651 Interchange Drive. The seller was a partnership between Behringer Harvard and CT Realty Investors.
ATLANTA — Medtech College has signed an 11-year lease for 16,000 square feet at 2800 Century Parkway in Atlanta, part of the Century Center office park. Medtech, a medical training school with locations in the Southeast and Midwest, currently has two Atlanta-area campuses. The space was previously occupied by AT&T before its recent consolidation. Dale Lewis of Cassidy Turley represented Medtech in the relocation of its Tucker campus to Century Center. Medtech can now provide training programs to the entire northeast Atlanta area. Jim Legg of Highwood Properties represented the landlord.