Office

146,385-SQUARE-FOOT OFFICE BUILDING LEASED

by admin July 23, 2009

SANTA CLARITA, CALIF. — Advanced Bionics, a U.S.-based manufacturer of cochlear implants, has signed a 10-year lease for Summit Oaks, a five-story office building located within Valencia in Santa Clarita. The 146,385-square-foot property is owned by the developer, which is a joint venture between Parker Properties and DEXUS Property Group. The tenant is consolidating two locations into the new space, which is located at 28515 Westinghouse Place. Craig Peters, Doug Sonderegger and Bennett Robinson, also of CB Richard Ellis, represented the tenant; Doug Marlow and David Solomon of CB Richard Ellis represented the owners in the transaction. The value of the lease was not disclosed.

July 23, 2009

LEAPFROG SERVICES LEASES ATLANTA OFFICE SPACE

by admin July 22, 2009

ATLANTA — Leapfrog Services has signed a lease with Duke Realty for 23,622 square feet of space in its Druid Chase office development. The 80,249-square-foot building, located at 1190 W. Druid Hills Dr. in Atlanta, is now 91 percent leased. Cushman & Wakefield’s John O’Neill and Allison Bittel represented the tenant, and Wes Hardy served as in-house representation for Duke Realty.

July 22, 2009

Northeast Office

FHO PARTNERS NEGOTIATES LEASE IN WESTWOOD

by admin July 22, 2009

WESTWOOD, MASS. — FHO Partners has negotiated a 33,857-square-foot lease renewal for office space at 20 Southwest Park in Westwood. The space was leased by Acumentrics Corp. Owned by Maric, Inc., Southwest Park is strategically located I-95 and Route 1. Sean Teague and Leeanne Rizzo of FHO represented Acumentrics Corp.

July 22, 2009

Office Western

10,568-SQUARE-FOOT OFFICE PROPERTY SELLS FOR $3.45 MILLION

by admin July 22, 2009

IRVINE, CALIF. — AFCowan has purchased a 10,568-square-foot office property in Irvine. Located at 17772 Cowan, the property sold for $3.45 million. Greg Sargenti of Voit Real Estate Services represented the buyer; David Bolt and Chip Wright of CB Richard Ellis represented the seller, Carmen LLC, in the transaction.

July 22, 2009

Midwest Office

TRANSWESTERN NEGOTIATES LEASE FOR WH TRADING

by admin July 21, 2009

CHICAGO — Transwestern has brokered a 7-year, 17.983-square-foot office lease on behalf of WH Trading in downtown Chicago. The proprietary trading firm has tripled its office space through its expansion into space located within the 31-story, 553,884-square-foot 125 South Wacker Drive office tower. Tony Karmin and Corby Marx of Transwestern negotiated the lease on behalf of WH Trading; Samuel Schaefer represented the undisclosed landlord.

July 21, 2009

Office Southeast

160,000-SQUARE-FOOT OFFICE BUILDING SOLD

by admin July 20, 2009

FAIRFAX COUNTY, VA. — Fairfax, Va.-based Chalmers Property Co. has purchased the 160,000-square-foot Three Flint Hill office building from Three Flint Hill Limited Partnership for an undisclosed amount. The eight-story property is located in the Flint Hill Office Park at 3201 Jermantown Rd. in Fairfax County.

July 20, 2009

Office Southeast

AT&T LEASES 186,275 SQUARE FEET OF OFFICE SPACE

by admin July 20, 2009

ORLANDO, FLA. — AT&T Corp. has leased 186,275 square feet of office space from a joint venture between Tower Realty Partners and The Praedium Group. The space is located in the Oak Ridge Office Park in Orlando. Tiffany Zullo of Tower Realty represented the owner.

July 20, 2009

Northeast Office

MASSEY KNAKAL COMPLETES TWO SALES TOTALING $2.1 MILLION

by admin July 20, 2009

MINEOLA AND NEW YORK, N.Y. — Massey Knakal Realty Services has brokered two sales in the New York City metropolitan area. In the first transaction, the company arranged the sale of two office buildings, located at 372 and 378 Willis Ave. in Mineola. Both buildings contain two stories; the first building totals approximately 4,700 square feet and the second totals 2,200 square feet. Massey Knakal’s Nalini Chugh arranged the transaction. The buildings traded for $1.2 million. In the second transaction, Massey Knakal’s Eric Greenfield handled the $900,000 sale of an approximately 4,200-square-foot community facility located at 150 Kenilworth Place in Brooklyn’s Flatbush neighborhood. The buyer is a neighborhood developer that plans to use part of the building as his rental office and lease the remaining space to a retailer that caters to college students.

July 20, 2009

Midwest Office

LEOPARDO COMPLETES $4.3 MILLION OFFICE RENOVATION

by admin July 17, 2009

CHICAGO — Leopardo has completed a $4.3 million renovation for the 22,000-square-foot Chicago office of the international law firm Jones Day. Located at 77 W. Wacker Dr., the office had its executive conference floor remodeled with a more modernized look. Along with an upgrade HVAC and cabling infrastructure, the floor also received 15 new or upgraded meeting rooms, five administrative offices and a café/break room. Leopardo served as the general contractor with Gensler as the architect.

July 17, 2009

Midwest Office

TRANSWESTERN COMPLETES 10-YEAR LEASE FOR OFFICE TOWERS

by admin July 17, 2009

ROLLING MEADOWS, ILL. — Transwestern has completed a 10-year, 23,682-square-foot lease renewal at Continental Office Towers in Rolling Meadows for Associated Agencies. The Class A building, which is located at 1701 Golf Rd., consists of three 12-story office towers. The firm received tenant improvement dollars to renovate the space, flexible expansion rights and monument signage rights.

July 17, 2009

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