ATLANTA — Lincoln Property Co. Southeast has arranged office lease renewals totaling 30,048 square feet at Eleven Seventeen Perimeter, a Class A office building in Atlanta’s North Fulton submarket. Hunter Henritze and Michael Howell of Lincoln Property Co. represented the unnamed landlord in the transactions, which include: Troy University renewing its 13,291-square-foot lease. Kathleen Burke of Cresa Atlanta represented Troy. Visionaire Partners renewing its 6,273-square-foot lease. Pete Shelton of Colliers International represented Visionaire. Care Solutions renewing its 5,681-square-foot lease. Ryan Cone of Cone Middour Partners represented Care Solutions. CURE Childhood Cancer renewed and expanded its lease to 4,803 square feet. Greg Kindred of Richard Bowers & Co. represented the tenant.
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GLEN BURNIE, MD. — First Potomac Realty Trust has signed Skyline Technology Solutions to an 11-year lease for 28,753 square feet at Aviation Business Park in Glen Burnie. Aviation Business Park features three single-story, Class A office buildings totaling 120,285 square feet. The property is located about two miles from Baltimore-Washington International Airport. The transaction with Skyline brings the park to 70 percent occupancy.
CHICAGO — Amata Office Centers, an office suites provider, will open its sixth shared office center on May 1. The 16,950-square-foot center occupies the entire 24th floor of the building in the West Loop located at 150 S. Wacker Drive. The office center features more than 50 private office suites, seven open workstations, six large team rooms, three conference rooms, a café and lounge, and Amata’s Cognac room. The center also includes an open loft concept, gigabit Ethernet connection and video games in the lounge.
LISLE, ILL. — Morgan & Harbour Construction has completed a 21,000-square-foot office building build-out for Glory Global Solutions Inc., a provider of cash management solutions for banks and retailers. The office building is located at Warrenville Road in Lisle, a western suburb of Chicago. The space underwent an interior renovation, which included the construction of two kitchens, multiple conference rooms and private offices. The facility also features a video conference room, a demonstration center, a full product showroom and two IT rooms with a controlled access system. The building is energy code compliant. The Morgan & Harbour Construction team consisted of Ben Warriner, Mike Costanzo and Kieran Towe. INTERFORM provided the architectural and design services. Studley provided Glory Global Solutions with advisory and project and management services. Glory Global Solutions relocated its Illinois offices from another location in Lisle.
LOS ANGELES — North Ranch Office Building in the Los Angeles submarket of Westlake Village has sold to Chippewa Enterprises for $7.7 million. The 45,000-square-foot building is located at 31225 La Baya Drive. It was 48 percent leased at the time of sale. Jeff and Travis Albeeof Sperry Van Ness represented both the all-cash exchange buyer and the unnamed seller in this transaction.
OAK BROOK, ILL. — J.C. Anderson Inc. has been selected to complete a 20,000 square-foot office build-out for Millennium Trust Co. within Commerce Plaza, an office building in Oak Brook. Commerce Plaza, located at 2001 Spring Road, will undergo an interior build-out to add additional space on the third floor of the building. The full-floor remodel will include construction on open workspaces, private offices, training areas and a large multi-purpose room. This is the second project for J.C. Anderson with Millennium Trust. Dan Burnette is the project manager for the build-out. Ryan Kingsmill is the project superintendent for J.C. Anderson. Cannon Design will provide architectural services. CBRE is the project manager.
DRAPER, UTAH — Lone Peak Center, an 87,672-square-foot office building in Draper, has received $14.5 million in refinancing. The center is located at 11747 Lone Peak Parkway, just 20 miles south of Salt Lake City. The proceeds were used to pay off existing senior debt, among other uses. Lone Peak was built in 2007. It is currently 99 percent leased. The building serves as one of nine global customer service support centers for EMC Corporation, the world’s largest provider of data storage systems. It is also the corporate headquarters for O’Currance, a direct response telesales service provider. The center’s original developer, DBSI Group of Companies, experienced bankruptcy liquidation in 2010. The sponsor, a San Francisco-based real estate investment and asset management firm, purchased the REO property from M&I Bank, which is now BMO Harris. Financing was provided by Thorofare Capital.
CORAL GABLES, FLA. — CBRE has arranged the sale of Douglas Entrance, a Class A 467,325-square-foot landmark office campus in Coral Gables. Miami-based Banyan Street Capital and Los Angeles-based Oaktree Capital Management partnered to acquire the five-building project from Chicago-based Pearlmark Real Estate Partners for approximately $100.8 million. The property was 82 percent leased at the time of sale. Douglas Entrance, located at the intersection of S.W. 37th Avenue and S.W. 8th Street, includes modern high-rise towers, street-level retail, boutique office suites and meeting spaces. The building, which is LEED Silver-certified and an Energy Star-rated project, is also listed on the National Register of Historic Places. The CBRE team representing the seller included Christian Lee, JoséLobón, Charles Foschini and Chris Apone. Eric Groffman, Josh Gibbons and Andrea Lopez of Transwestern assisted the CBRE team in the transaction.
WASHINGTON, D.C. — Akridge, a real estate services company, has signed law firm Brown Rudnick LLP to a 35,000-square-foot lease renewal at The Homer Building for seven years. The Homer Building, located atop Metro Center station a few blocks away from the White House, includes a rooftop terrace with views of the D.C. skyline, a full-service fitness facility and a 12-story atrium. The Homer Building is LEED Gold-certified, Energy Star-rated and has received a BOMA 360 Performance Building designation. The building also received BOMA's International Office Building of the Year award. Mitsui Fudosan America, a majority shareholder of Akridge, owns the Homer Building. Susan Thomas and Brittany Kalkstein of Cushman & Wakefield represented Brown Rudnick in the lease transaction. Wil Pace and Greg Tomasso of Akridge provided landlord representation. Akridge provides property management services at the building.
FORT LAUDERDALE, FLA. — 110 Tower, a LEED Gold-certified, Class A office building in downtown Fort Lauderdale’s Central Business District, has leased more than 40,000 square feet to a variety of commercial tenants. 110 Tower recently completed a comprehensive $15 million interior and exterior renovation, which included the addition of ground-floor retail, upgrades to the lobby and interior common areas, enhancement of primary mechanical systems and installation of a unique exterior lighting system. The building now hosts more than 800 full-time employees. Law firms Lewis Brisbois Bisgaard & Smith; Fort Lauderdale Executive Office Suites; the Broward Safety Council; and Cole, Scott & Kissane, P.A. are among the established businesses at the tower. Subway is now open in 110 Tower’s ground floor and Trial Copy, a litigation consulting firm specializing in electronic data discovery, computer forensics custom trial graphics and heavy litigation copy services, sits in 110 Tower’s lobby level. Laurel Oswald of Cushman & Wakefield handles office-leasing responsibilities for 110 Tower.