NEWPORT BEACH, CALIF. — Bank of America has leased 88,000 square feet of office space in Newport Beach. The space is located at 520 Newport Center Drive. It is directly across from Fashion Island. Merrill Lynch, Private Banking and Investments, Commercial and Business Banking, will occupy the space. The landlord is Irvine Company Office Properties.
LOS ANGELES — Abrams Artists Agency has leased 15,650 square feet at the Pacific Design Center’s RedBuilding in Los Angeles. The center is located at 8687 Melrose Ave. Abrams is a talent and literary agency. It represents up-and-coming acting talent, as well as established celebrities in film, television and theater. Robert Cavaiola of Savills Studley represented the firm. The landlord, Cohen Brothers Realty, was represented in-house by Marc Horowitz, as well as by JLL’s Josh Wroble.
HOUSTON — Cousins Properties has completed its multi-million dollar renovation at 3 Greenway Plaza, part of the 4.4 million-square-foot Greenway Plaza campus. The completed renovations include a redone lobby and concourse levels, with marble tile and wood finishes, new lighting fixtures and furniture, commissioned art installations throughout and updated parking garage elevator banks. Cousins is also working on a new, 12,000-square-foot fitness center and improvements to The Shops at Greenway Plaza, set to be completed in the second quarter of 2016. These are the first common area upgrades at Greenway Plaza since 1998.
CEDAR PARK, TEXAS — The Austin office of Cadence McShane Construction Co. has completed the 23,150-square-foot headquarters and manufacturing facility for Voltabox of Texas Inc. The build-to-suit facility is located on a six-acre site at 1500 Volta Drive that Voltabox acquired from master developer TIG Real Estate Services. It is part of Scottsdale Crossing Commerce Park. Voltabox of Texas, and Voltabox Deutschland GmbH are suppliers of lithium ion batteries for all types of vehicle-based and stationary uses. The building is the firm’s first North American operation. Cadence McShane constructed the facility utilizing a steel frame and insulated tilt-wall panels. The main entrance and office component of the headquarters facility feature a glass curtain wall exterior accented with red metal panels complementing the Voltabox brand. The interior of the building includes a 20-foot clear height and four dock doors.
LAS VEGAS — DC Building Group has moved into its new 6,000-square-foot corporate office in Las Vegas. The space is located at 101 E. Warm Springs Road. The general contractor previously occupied a smaller space in the valley. After its staff grew by more than 65 percent, however, DC Building found it needed a larger space. The firm was previously known as Danoski Clutts Building Group.
JACKSONVILLE, FLA. — Crocker Partners has signed Southeastern Grocers, the parent company of Winn-Dixie and Bi-LO, to a 160,000-square-foot lease at Prominence office park in Jacksonville. Located at Baymeadows Road and I-95, the office park will serve as the supermarket chain’s new corporate headquarters. The long-term lease comes midway into the office park’s $8 million overhaul. Renovations will begin soon on the four-story Building 200, and Southeastern Grocers will occupy the building in full when the company relocates in early 2016. JLL represented Crocker Partners in the transaction, and CBRE represented Southeastern Grocers.
ADDISON AND IRVING, TEXAS — HFF has arranged the sale of and financing for The Meridian and The Belvedere, two Class A office buildings totaling 241,539 square feet in Addison and Irving. HFF marketed the properties on behalf of the seller, Klabzuba Realty. CREA Investments purchased the two buildings for an undisclosed amount free and clear of debt. Additionally, HFF secured floating-rate acquisition financing on behalf of the new owner through a regional bank. The Meridian is located at 1425 Greenway Drive in the Las Colinas master-planned business and residential community. The six-story property is 90 percent leased and spans 100,359 square feet. Situated at 14881 Quorum Drive in Addison, The Belvedere is located in the far north Dallas market along the Dallas North Tollway. The 141,180-square-foot, nine-story building is 80 percent leased.
SAN ANTONIO — Stream Realty Partners, a national real estate development, services and investment firm, has relocated to an expanded office at One International Centre located at 100 N.E. Loop 410 in north-central San Antonio, where it occupies the entire 15th floor. Stream’s San Antonio office has grown over the years to employ nearly 30 people. The firm specializes in leasing, property management and construction management for more than 4.2 million square feet of office, industrial and retail projects.
WESTERVILLE, OHIO — Cushman & Wakefield has brokered the sale of an office building in Westerville, a northeastern suburb of Columbus. Linda Aselin of Powell, Ohio, sold the 14,993-square-foot, Class B asset to 575 Westar Crossing LLC for $1.4 million. The facility was built in 2003 and is located at 575 Westar Crossing. Todd Barcus and John Boll of Cushman & Wakefield represented the seller. The building was constructed for National Auto Care Corp. in 2004, but NAC recently downsized and moved out of the building. The new owner plans to invest in the property and create a multi-tenant complex.
GRAND RAPIDS, MICH. — NAI Wisinski of West Michigan has arranged the lease of a 1,482-square-foot office property in Grand Rapids. Lectronix Inc. signed a five-year lease at an office property located at 2627 E. Beltline Ave. The facility was formerly a Bank of America retail branch and will now serve as the engineering and design center for Lectronix. Mary Anne Wisinski Rosely and Jason Makowski of NAI Wisinski represented the landlord, Goudzwaard Financial Center LLC. Patrick Mohney of Berkshire Hathaway represented the tenant. Lectronix will occupy the building starting Nov. 1 of this year.