HOUSTON — Locally based developer Midway has topped out CITYCENTRE Six, a 320,000-square-foot office building in West Houston. The 19-story building is being developed adjacent to a new half-acre urban plaza, which was designed by OJB Landscape Architecture, within the 47-acre mixed-use development of the same name. Partners Real Estate is the marketing agent for the project, which is 65 percent preleased to a single anchor tenant. Completion is scheduled for next spring.
Office
CHARLOTTE, N.C. — Trimont, a global provider of commercial real estate loan services, has signed a lease to occupy 67,935 square feet at One South, a 40-story office tower located in Uptown Charlotte. The company plans to move into its new space, which will span three full floors, in January. John Flack and Taylor Ferguson of Savills represented Trimont in the lease transaction. John Hannon, Tim Arnold and Rhea Greene of Trinity Partners represented the undisclosed landlord. One South has had recent announcements of more than 125,000 square feet of office leases, including Deriva Energy (formerly known as Duke Energy Renewables), Dole Food Co.’s U.S. headquarters, Shumaker, Robert Half, Protiviti, Huntington National Bank and The Siegfried Group, as well as Krazy Curry, Ace No. 3 and Pet Wants. The property recently underwent $9 million of capital improvements. Amenities at One South include One Athletics, a 30,000-square-foot fitness facility that features an indoor pickleball court, fitness classes and high-end equipment and locker room facilities. Other amenities include a full-service café and cocktail bar, golf simulator, gaming lounge and a flexible event space with a retractable glass wall overlooking Trade and Tryon streets.
DURHAM, N.C. — Durhamite Holdings, a locally based, privately owned real estate investment group, plans to renovate and rebrand SouthCourt, a 139,282-square-foot office building in Durham. Planned renovations include a fully redesigned main lobby, exterior improvements, a multipurpose room for tenant events and meetings and a new amenity complex featuring a hotel-style lounge, game room, collaboration space and a kitchen and bar. Durhamite also plans to revitalize the building’s outdoor seating areas and create access to Joe Van Gogh Café on the ground level. The property, rebranded as Durhamite SouthCourt, will also house Orenge South Durham, a 17,000-square-foot coworking space with private offices. Dennis Hurley of JLL is leading the leasing efforts at Durhamite SouthCourt, which will soon welcome two new tenants: RVE and Gameday Men’s Health.
HOUSTON — Locally based brokerage firm Oxford Partners has negotiated an 11,258-square-foot office sublease in West Houston. The space is located within the building at 2050 W. Sam Houston Parkway S. According to LoopNet Inc., the building was constructed in 2013 and spans 333,000 square feet. Vincent Vega of Oxford Partners represented the sublessee in the negotiations. Rob Johnson of Hughes Marino represented the sublessor.
BLOOMINGTON, ILL. — AXIS 360 Commercial Real Estate has arranged the sale of a 16,998-square-foot office building located at 2712 McGraw Drive in Bloomington. Formerly occupied by Insight CPAs & Financial PLLC, the property features floor-to-ceiling windows, sky lights, 11 private offices, cubicle space and conference rooms. Meghan O’Neal-Rogozinski and Mike O’Neal of AXIS 360 brokered the transaction. The buyer was locally based Hjerpe & Tennison CPAS LLC.
Brinkmann Constructors Completes 150,000 SF Office, Manufacturing Facility for Super Radiator Coils in Mesa, Arizona
by Amy Works
MESA, ARIZ. — Brinkmann Constructors has completed a build-to-suit office and manufacturing facility in Mesa for Super Radiator Coils. Founded in 1928, the family-owned engineering and manufacturing company specializes in industrial heat exchangers and ancillary products used in a variety of applications, including power generation, gas compression, HVAC, industrial refrigeration, data center and electronics cooling, wind tunnels and semiconductor manufacturing. Designed by Ware Malcomb, the 150,000-square-foot property includes 18,000 square feet of Class A office uses, an engineered clean room area and the capacity to expand by another 50,000 square feet. The facility’s fully air conditioned manufacturing area is equipped with extra-thick cement flooring to accommodate an array of specialized machinery, overhead cranes and above-ground testing tanks. The facility features individual employees lockers, a large break room on the main floor and a coffee bar/quick mart. Additionally, the 11-acre site is equipped with EV charging stations and the structure design incorporates the correct roof loading and electrical infrastructure to accommodate future solar panel installation.
NEW YORK CITY — Nonprofit organization ElderServe Health has signed a 14,551-square-foot office lease renewal in the Midwood area of Brooklyn. The space is located on the second floor of the building at 1630 E. 15th St., which was constructed in 2006. Bert Rosenblatt, Peter Sabesan and Alex Gerome of Cresa represented the tenant, which does business as RiverSpring Health Plans, in the lease negotiations. Mike Taylor represented the landlord, Lincoln Property Co., on an internal basis.
HOUSTON — Fort Worth-based investment firm Canyon Creek Real Estate has acquired Westchase Park I and II, a two-building, 579,032-square-foot office complex in West Houston. The 15.2-acre campus’ two buildings are connected by an 8,000-square-foot amenity center with a full-service cafe, conference center, fitness center and an outdoor seating area. The new ownership plans to make capital improvements to the property and has tapped Stream Realty Partners as the new leasing agent. The seller and sales price were not disclosed.
ROYAL OAK, MICH. — KJ Commercial has assisted Citizens State Bank (CSB) in the multi-parcel land assemblage for its new headquarters in the Detroit suburb of Royal Oak. After evaluating a range of opportunities, including existing buildings and redevelopment sites, the team decided that a ground-up development was the optimal long-term plan. Kevin Jappaya, David Jappaya and Preston Rabban of KJ Commercial identified a site in the Woodward Avenue corridor and negotiated the off-market purchase of the adjacent property, enabling the assemblage of the necessary acreage for CSB. The transaction closed simultaneously with two separate sellers. A timeline for construction was not provided.
DIAMOND BAR, CALIF. — Gantry has secured a $9 million loan to refinance a maturing loan on an office building in Diamond Bar, a suburb 28 miles east of Los Angeles. Located at 20955 Pathfinder Road, the three-story building offers 65,000 square feet of rentable space. The property was 98 percent occupied at the time of financing. Topher Van Mourick of Gantry represented the borrower, a private real estate investor. The three-year, fixed-rate loan was secured from one of Gantry’s correspondent life company lenders. Gantry will service the loan.