PLANO — Intuit, the provider of services such as QuickBooks, Quicken and TurboTax, has renewed its 166,235-square-foot office lease at The Campus at Legacy located at 5601 Headquarters Dr. in Plano. Scott Collier and Steve Thelen of Jones Lang LaSalle represented Intuit. Piedmont Operating Partnership owns The Campus at Legacy, which Intuit has resided in since its opening in 2000.
LAS COLINAS — PVR Midstream, a subsidiary of Penn Virginia Resource Partners, has relocated its headquarters to Williams Square in Las Colinas, leasing 24,335 square feet at 5125 N. O'Connor Blvd. Previously, PVR Midstream occupied 16,000 square feet at 8080 N. Central Expressway. Brad Selner, Chelby Sanders and Brooke Armstrong of Jones Lang LaSalle represented PVR Midstream, while Mark Dickenson and Bill Brokaw of Cousins Properties represented the landlord, TIAA Realty.
CHICAGO — Chicago-based Holliday Fenoglio Fowler (HFF) has completed the sale of an $11.4 million, first-mortgage loan secured by a 12-property, self-storage portfolio in Indiana. An affiliate of First City Commercial Corp. purchased the loan for an undisclosed price. The loan has a 6.36 percent coupon and 7-year remaining life. The self-storage collateral, which is located throughout central and southern Indiana, totals 3,320 storage units and is owned and operated affiliates of Storage Express. Bill Mitchell, Stuart Salins, Aaron Swerdlin and Doug McCarron of HFF represented the seller, a undisclosed major Midwest insurance company, in the transaction.
PEARLAND — Delta Rigging & Tools has relocated its headquarters to the Shadow Creek Business Center in Pearland as it will take 7,800 square feet of Class A office space in December. Delta provides lifting products and services to the large and fragmented domestic lifting equipment and rigging industry, including hoists, winches, wire rope, synthetic slings, accessories and hardware. It serves a national footprint with a primary strength throughout the Texas Gulf Coast, Louisiana and the Rocky Mountains. Delta is relocating from its offices in Lake Jackson.
HENDERSON, NEV. — CB Richard Ellis has brokered Bank of America’s almost $1.4 million sale of approximately 27,584 square feet of office space, located at at 2920 N. Green Valley Pkwy. (Building 5) in Henderson, to S.A.L. Holdings LLC. CBRE’s Charles Moore, Christina Roush and Marlene Fujita represented the seller in the transaction.
WEST PALM BEACH, FLA. — Miller Construction Co., serving as general contractor, has completed the construction of a 30,000-square-foot facility for Republic Services. The company plans to use the office/maintenance facility for its West Palm Beach-based truck fleet. Located on 10 acres at 7329 Seventh Place N. in West Palm Beach, the two-story building features offices, a state-of-the-art maintenance shop and support space with locker rooms and training areas for more than 100 truck drivers. The property is pre-registered to achieve LEED certification. The project's design team included Falkanger Snyder Martineau & Yates, KAMM Engineering and Craven Thompson & Associates.
WARREN, MICH. — Mercurio Management Services has acquired an 8,580-square-foot building, which is located at 24920 Gibson in Warren. The buyer plans to use the property as a headquarters for its concession business. Michael Grammatico of L. Mason Capitani CORFAC International represented the buyer; Joe DePonio and Jason Capitani, also of L. Mason Capitani, represented the undisclosed seller in the transaction.
BEDFORD, MASS. — Acme Packet has relocated its headquarters from Burlington, Mass., to a larger facility in Bedford. Its new headquarters totals 123,000 square feet and is located at 100 Crosby Drive. The new space features a three-story atrium with a LED-lit glass feature as well as a café. Diversified Project Management provided project services for the headquarters. Other project team members included Chapman Construction, Spagnolo Gisness & Associates and Dyer Brown Architects.
WASHINGTON, D.C. — The GW Medical Faculty Associates (MFA) has purchased a nine-story building in Washington, D.C. Located at 2300 M St., the property offers 120,000 square feet of Class A office space. A partnership comprised of the Carlyle Group and AON sold the property for $49.5 million. The building is currently occupied by the German Embassy on a short-term, swing-space lease. When the embassy moves out in 2013 and 2014, the MFA will renovate the property and begin to occupy the 70,000 square feet vacated by the embassy. MFA plans to immediately occupy the building's existing vacant space. David Lipson, Arthur Greenberg, Vernon Knarr and Adam Schindler of Studley represented MFA; John Kevill and James Malloy of Jones Lang LaSalle represented the seller in the transaction.
EDWARDSVILLE AND CASEYVILLE, ILL. — BARBERMurphy Group has negotiated the sales of two properties in Southern Illinois. In the first transaction, Scott Credit Union purchased a 13.77-acre office development site at Illinois Route 143 and Staunton Road in Edwardsville. Florists' Mutual Insurance Co. dba Hortica sold the property for $1.39 million. The buyer plans to use the site for its 51,000-square-foot corporate headquarters building. Collin Fischer and Wayne Barber Jr. of BARBERMurphy represented the buyer. In the second transaction, UMB Bank N.A. sold an industrial property for $870,000 to John Reece LLC. The 27,946-square-foot property is located on 10 acres at 8118 Bunkum Road in Caseyville. Barber, Steve Zuber and Tara Lorenz-Keller of BARBERMurphy represented the seller in the transaction.