Office

Cadence-McShane-Construction-Voltabox-of-Texas

Cadence McShane Completes Headquarters for Voltabox of Texas in Metro Austin

by Haisten Willis October 28, 2015

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.

October 28, 2015

DC Building Group Moves into New Corporate Office in Las Vegas

by Nellie Day October 28, 2015

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.

October 28, 2015

Florida Office Southeast

Crocker Partners Signs Southeastern Grocers to 160,000 SF Office Lease in Jacksonville

by John Nelson October 28, 2015

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.

October 28, 2015

Loans Office Texas

HFF Arranges Sale, Financing of Two Class A Office Buildings in Metro Dallas

by Haisten Willis October 27, 2015

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.

October 27, 2015

Office Texas

Stream Realty Partners Relocates to One International Centre in San Antonio

by Haisten Willis October 27, 2015

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.

October 27, 2015

Midwest Office Ohio

Cushman & Wakefield Brokers $1.4M Sale of Office Building in Westerville, Ohio

by Christina Cannon October 27, 2015

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.

October 27, 2015

Michigan Midwest Office

NAI Wisinski Arranges 1,482 SF Office Lease in Grand Rapids

by Christina Cannon October 27, 2015

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.

October 27, 2015

Office South Carolina Southeast

NAI Avant Brokers $7M Sale of Office Building in Columbia

by John Nelson October 27, 2015

COLUMBIA, S.C. — NAI Avant has brokered the $7 million sale of Broad River Commons, a 135,675-square-foot office building located at 2340 Broad River Road in Columbia. The property is located one block from I-20 and a quarter mile from I-26. Denver-based Northstar Commercial Partners was the buyer. Jeff Hein and Roger Winn, Jr. of NAI Avant brokered the sale. NAI Avant recently represented an undisclosed tenant in leasing 63 percent of Broad River Commons’ available space.

October 27, 2015

California Mixed-Use Office Western

ASB, Blatteis & Schnur Break Ground on At Mateo Mixed-Use Project in Los Angeles

by Nellie Day October 27, 2015

LOS ANGELES — ASB Real Estate Investments and Blatteis & Schnur have broken ground on At Mateo, an $80 million mixed-use project in downtown Los Angeles. The project will be located at the corner of Palmetto and Mateo streets in the Arts District. At Mateo will include nearly 125,000 square feet of open-air retail and 50,000 square feet of creative office space that will be situated in four buildings on a former 3.5-acre industrial site. It will be designed with re-purposed materials, including bricks, cobblestones and laminated beams, as a homage to the Arts District. The project will eventually include 30 to 35 chef-driven restaurants, eateries, boutiques and retail stores. At Mateo is scheduled for completion in the fourth quarter of 2016. Architect Keith Ray master planned the development.

October 27, 2015

California Loans Office Western

HFF Arranges $42.7M Refinancing for Samaritan Medical Tower in Los Angeles

by Nellie Day October 27, 2015

LOS ANGELES — HFF has arranged a $42.7 million loan for Boulevard Investment Group to refinance Samaritan Medical Tower, a 146,354-square-foot medical office building in Downtown Los Angeles. The tower is located at 1127 Wilshire Blvd. The building is situated directly across the street from Good Samaritan Hospital, a 408-bed academic medical center affiliated with both USC’s and UCLA’s schools of medicine. Samaritan Medical Tower was originally built in 1964. It was extensively renovated in 2000 and 2014. The 10-year, fixed-rate CMBS loan features interest-only payments throughout the entire term. HFF’s Marc Schillinger worked on behalf of the borrower.

October 27, 2015

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