SAN DIEGO — Drawbridge Acquisitions LLC has acquired Via del Campo Court, a 188,072-square-foot corporate office campus in the San Diego submarket of Rancho Bernardo for $26 million. The two-building campus is located at 16710 and 16750 Via del Campo Court, just north of the I-15 and SR-56 intersection. Via del Campo is fully leased to Northrop Grumman through 2016. Drawbridge represented itself in this transaction, while the seller, WAM Via del Campo LP, c/o WAM Development Group, was represented by Rick Reeder and Brian Driscoll of Cassidy Turley’s San Diego office.
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VANCOUVER, WASH. — Columbia Shores Office Building, a 41,592-square-foot property in Vancouver, has sold to Columbia Shores SPE LLC for $6.7 million. The Class B building is located on SE Columbia Shores Boulevard. It is fully leased to six tenants, including SmartRG, Schlage Lock and Columbia Resources. The LLC was represented by Todd VanDomelen and Charles Conrow of Norris & Stevens, Inc. – TCN Worldwide. The seller, 501 SE Columbia Shores SPE LLC, was represented by Eric Fuller of Eric Fuller & Associates.
MINNEAPOLIS — Law firm Norton Rose Fulbright has signed an 18,505-square-foot, full-floor lease at RBC Plaza, a 40-story office tower in Minneapolis. Managed by Cushman & Wakefield/NorthMarq, RBC Plaza is a 678,045-square-foot tower located at 60 S. Sixth St. and 555 Nicollet Mall. KBS Real Estate Investment Trust III owns the building. RBC Plaza is currently undergoing renovations, which includes the conversion of two floors from retail into office space. Improvements also include the addition of a new conferencing center, full fitness facility with showers, lockers and secured bicycle storage. The improvements are slated for completion in fall 2014. Sonja Dusil of Cushman & Wakefield/NorthMarq represented KBS REIT III in the transaction. Landon Helm and Jim Bailey of Cushman & Wakefield represented Norton Rose Fulbright. The law firm is set to move into the new space in November.
TROY, MICH. — L. Mason Capitani CORFAC International has arranged the lease of a 9,760-square-foot office building in Troy for Tebis America, a software company that develops CAD/CAM systems for the automobile and aircraft industry. The property is located at 400 E. Big Beaver Road. Mason Capitani and Garry Rogers represented both the landlord and the tenant in the transaction.
BRISTOL, PA. — New York-based Angelic Real Estate has arranged a $9.6 million loan for the acquisition of Island View Crossing, an office building in Bristol. Located along the Delaware River northeast of downtown Philadelphia, the 180,000-square-foot property is currently leased to Lenox and Strategic Distribution, among others. The property was converted from a soap factory into an office building. Gabriel Silverstein and Louis D’Lando of Angelic led the financing team, which secured the loan. The undisclosed borrower plans to upgrade the building’s common areas and amenities.
HAYWARD, CALIF. — Corsair Components has leased 63,512 square feet of space at Winton Industrial Center in Hayward. The center is located at 2660 West Winton Ave. The high-performance PC gaming company will expand its operations from its Fremont headquarters and Hayward satellite facility. Corsair Components is doing business as Corsair Memory. The landlord, Winton Industrial Center LLC, was represented by Greig Lagomarsino, Rick Keely and Nick Ousman of Colliers International’s Oakland office.
SAN DIEGO — Western States has acquired a 36,936-square-foot office building in the San Diego submarket of Sorrento Mesa for $6.3 million. The corporate headquarters building is located at 10540 Heater Court. It is fully leased to Cobham Defence Electronics. Bryce Aberg, Brant Aberg and Brian Driscoll of Cassidy Turley Commercial Real Estate Services in San Diego represented both Western States and the unnamed seller in this transaction.
TUCSON, ARIZ. – A 15,000-square-foot office building in Tucson has sold to Redyns Development for $4.2 million. The building is located at 2070 W. Rudasill. Redyns was represented by Russell W. Hall and Stephen D. Cohen of Cushman & Wakefield | PICOR. The seller, Fountains Medical Plaza Investors, was represented by CBRE’s David Montijo and Mike Sandahl.
PHOENIX – The Arizona Super Bowl Host Committee has leased 7,535 square feet at Renaissance Square in Downtown Phoenix. The 965,000-square-foot, Class A office complex is located along North Central Avenue. The committee was represented by CBRE’s Brad Anderson. The landlord, Hines, was represented by Jerry Noble of Cushman & Wakefield.
RALEIGH, N.C. — JLL has brokered the $6.8 million sale of a 98,780-square-foot office building located at 3600 Wake Forest Road in Raleigh. The buyer, Local Government Federal Credit Union (LGFCU), a not-for-profit financial cooperative, will make capital improvements in order to bring the property to Class A status, according to JLL. LGFCU was considering a build-to-suit opportunity in downtown Raleigh before deciding to purchase 3600 Wake Forest. Michael Morgan of JLL represented LGFCU in the transaction. Justin Dauncey of JLL will manage the building renovations and site improvements for LGFCU.