TOLLESON, ARIZ. — Southern Calif.-based BlackRidge Real Estate Group has acquired the 5-building, 96,050-square-foot Tolleson Commerce Center, located in Tolleson, from Johnson Bank for $4.1 million. Three of the buildings are leased and the two remaining buildings, each with 14,000 square feet, are available. The seller was represented by Kent Baker of Tempe, Ariz.-based The Benjamin Group.
Office
GAHANNA, OHIO — JP Morgan Chase Bank has leased 68,619 square feet of office space at 823 Tech Center Dr. in Gahanna from American Electric Power. Tom McGarity and Brian Douglas of Cassidy Turley's Columbus, Ohio, office were the sole brokers in the transaction.
VAN NUYS, CALIF. — Belmont, Calif.-based Embarcadero Capital Partners has sold the two-building, 267,955-square-foot, Class A office property known as Sherman Plaza East & West for $49.5 million. The building is currently 95 percent leased. The buyer, Calabasas, Calif.-based Majestic Investments, assumed the existing $39 million loan which carries a 5.9 percent interest rate. Bob Safai of Los Angeles-based Madison Partners represented the seller.
MOORPARK, CALIF. — Ensign-Bickford Aerospace & Defense has purchased a 265-acre office/manufacturing/warehouse campus located at 14370 White Sage Rd. in Moorpark for a undisclosed price. The buildings total approximately 166,628 square feet. The buyer was represented by Bill Kiefer of NAI Capital's Ventura County office and Tim Foutz of the firm's Encino office. The seller, WP Carey & Co., was represented by Nick Gregg of CB Richard Ellis' Ventura County, Calif., office and Sterling Champ of the firm's Universal City, Calif., office.
EL SEGUNDO, CALIF. — A 157,000-square-foot, Class A office building located at 2300 E. Imperial Hwy. in El Segundo has sold of $25.3 million. The seller, an undisclosed financial services firm, was represented by Marc. D. Renard and Manfred Schaub of Cushman & Wakefield's Los Angeles office, Michael Roberts of Cushman & Wakefield's San Diego office and Chris Sinfield of Cushman & Wakefield's Los Angeles County office.The buyer was Indonesia-based V.C.I. Corporation.
CHANTILLY, VA. — Chantilly BioPharma signed a 10-year lease for 79,776 square feet at Avion Flex Tech I & II, located at 3701 and 3725 Concorde Pkwy. in Chantilly. Avion Flex Tech I & II are within the 188-acre Avion Business Park, a business campus containing 19 buildings. Tom Cresce and Chris Lucey of Cassidy Turley's Vienna, Va., office handled the leasing.
FORT LAUDERDALE, FLA. — Fort Lauderdale-based Dodmi purchased a 9,000-square-foot, single-tenant medical office building, located at 2540 N.E. 9th St. in Fort Lauderdale, for $1.92 million. The seller was Fort Lauderdale-based Leela Holdings. Ken Morris of Fort Lauderdale-based Morris Southeast Group/CORFAC International was the sole broker in the transaction.
CHICAGO — A 155,900-square-foot building in Chicago was purchased by Denver, Colo.-based DCT Industrial Trust for $3.4 million from an undisclosed seller. The building is currently 35 percent leased. Broker information was not provided.
HOUSTON — Piedmont Office Realty Trust, a public REIT specializing in Class A office properties, has selected Colvill Office Properties to lease its recently purchased 1200 Enclave property. The six-story, 149,683-square-foot Class A office building is located in Houston's Energy corridor along Interstate 10 West. Part of Enclave Park, 1200 Enclave has an attached four-level parking garage and 26,300-square-foot floor plates. Chip Colvill, Ronnie Martin and Michael Anderson of Colvill Office Properties will handle leasing for 1200 Enclave. The Enclave office park is home to Dow Chemical, Sysco, Shaw Engineering and Gulf States Toyota.
TAMPA, FLA. — Penn-Florida Companies and Edge Principal Advisors formed a joint venture to purchase two east Tampa office buildings, the 187,5000-square-foot Lakeview Center office campus and the 85,063-square-foot Eastpointe office building, from East Tampa, LLC, for an undisclosed price. The joint venture plans to renovate Lakeview Center, with completion set for this summer. No brokers were involved in the transaction.