PHILADELPHIA — Entrepreneur Justin Meshberg has opened Silk Screen Studios, a 22,774-square-foot creative workspace in Philadelphia. The space is located within the former Process Screen Manufacturing building in the city’s Fishtown neighborhood and houses 57 workstations. Space range in size from 200 to 600 square feet and are equipped with high-speed internet, in-unit climate control options and app-controlled entrances. Members also have access to a bike room, package room and kitchenettes on each floor.
RALEIGH, N.C. — KBS and Kane Realty Corp. have inked two office lease deals at Bank of America Tower, an 18-story, 300,322-square-foot office tower in Raleigh’s North Hills district. The deals include a 28,658-square-foot lease with Brightly Software for a full floor. The new space will also serve as the global headquarters of the tenant’s parent company, Siemens Industry Inc. The other lease is a 3,000-square-foot expansion for Eva Garland Consulting, bringing the tenant’s total footprint to the tower to nearly 15,000 square feet. Located at 4242 Six Forks Road, Bank of America Tower is LEED Gold-certified and features six levels of covered parking and a conference center.
DALLAS — Shorenstein Investment Advisers, a privately owned office and multifamily owner-operator based in San Francisco, has acquired International Plaza II, a 388,000-square-foot office building in North Dallas. The 15-story building was recently redeveloped and now features nearly 50,000 square feet of new amenity space, including a full-floor food hall, a coffee and wine bar, multiple indoor and outdoor tenant lounges, fitness center and conference facilities. The seller and sales price were not disclosed. International Plaza II was 93 percent leased at the time of sale.
CLEAR LAKE, TEXAS — New York-based investment firm Fullerton Properties has sold Atrium Crest, a 107,529-square-foot office building in Clear Lake, a southeastern suburb of Houston. The building was most recently renovated in 2004 and was 79 percent leased at the time of sale. Marty Hogan of JLL represented Fullerton Properties in the transaction. Patrick Hill of Colliers represented the undisclosed buyer.
GRAND RAPIDS, MICH. — Hygge Design + Build, a design and construction firm specializing in custom homes, has opened its new workspace and showroom at 251 State St. in the heart of Grand Rapids. The new location is a repurposed gas station located in the city’s Heritage Hill Historical District. Hillary Taatjes Woznick and Todd Leinberger of NAI Wisinski of West Michigan represented the undisclosed seller, while Becky Vandenbroek represented Hygge on an internal basis.
HOBOKEN, N.J. — LIPTON Teas & Infusions will open a 15,183-square-foot office at Waterfront Corporate Center in Hoboken. The beverage maker is taking a full floor at Building 2 of the 1.5 million-square-foot development, which is owned by New York City-based SJP Properties. SJP Project Solutions, an affiliate of the owner, recently completed the build-out of the space.
SUNRISE, FLA. — CBRE has brokered the sale of Lake Shore Plaza II, a 128,550-square-foot office building located at 1300 Concord Terrace in Sunrise, roughly 19 miles west of Fort Lauderdale. Miami-based Galium Capital purchased the five-story property for an undisclosed price. Christian Lee, Sean Kelly, Amy Julian, Andrew Chilgren, Tom Rappa and Matthew Lee of CBRE represented the undisclosed seller in the transaction. Built in 2008, Lake Shore Plaza II is situated in South Florida’s Sawgrass Park submarket and features a double-height lobby atrium and floor-to-ceiling windows with hurricane-impact glass.
DUNWOODY, GA. — Marketwake, a marketing consultancy based in Atlanta, has signed a 17,395-square-foot office lease at Campus 244, a 12-acre mixed-use development underway in Atlanta’s Central Perimeter submarket. The tenant will occupy space within an adaptive reuse of a three-story, 1970s-vintage office building located at 244 Perimeter Center Parkway in Dunwoody that is being redeveloped into a five-story mass timber property spanning 400,000 square feet. The Georgetown Co., Beacon Capital Partners and RocaPoint Partners are the developers behind Campus 244. Aileen Almassy, Will Porter and Rob Kuppersmith of Cushman & Wakefield represented the landlords in the lease negotiations, while Ellis Murray of Capital Real Estate Group represented Marketwake. The new lease brings Phase I of Campus 244 to 90 percent occupancy, with approximately 46,000 square feet of office space remaining available on the top floor. Phase II will include a new Class A, 300,000-square-foot tech office and life sciences building that is expected to be completed in 2027. Also on the horizon for Campus 244 is the 145-room Element by Westin Atlanta Perimeter hotel set to open this fall.
ST. LOUIS — Henderson Cos., the parent company of Henderson Engineers and Henderson Building Solutions, has opened an office in downtown St. Louis, establishing the company’s 14th office location. The office is situated in The PwC Pennant Building within Ballpark Village. Founded in 1970, Henderson specializes in building systems design as well as design-build construction management and commissioning. The company has worked on projects in the St. Louis area since 1979, including buildings for national brands such as Shake Shack, Tiffany & Co., Verizon and Walmart, as well as standalone developments like the ongoing SSM Health Cardinal Glennon Children’s Hospital. The company has 1,000 employees nationwide.
WOODLAND HILLS, CALIF. — Northmarq has secured $23.9 million in refinancing for Topanga & Victory, an office building located at 6325 and 6355 Topanga Canyon Blvd. in Woodland Hills. The 165,336-square-foot property offers office and medical office space, an upgraded lobby space and ample parking. David Blum of Northmarq’s Newport Beach Debt + Equity team arranged the permanent fixed-rate, internal refinancing for the undisclosed borrower through a correspondent relationship with a national commercial mortgage-backed securities platform. The transaction, which had a sub-60 percent loan-to-value ratio, was structured on a 5-year, interest-only term.