LOS ANGELES – GoJane is planning to relocate its corporate headquarters to Alameda Square in Downtown Los Angeles. The young women’s online fashion retailer is currently based in Ontario. It plans to relocate in March 2014. GoJane has signed a seven-year lease for 10,400 square feet inside the square’s Building 1, which is located at 777 Alameda. The company was represented by John Zanetos of CBRE. The landlord is EVOQ Properties.
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CHANTILLY, VA. — NAI KLNB, in conjunction with C-III Realty Services LLC, has arranged the $5.6 million sale of Wynwood I and II, a two-building office portfolio spanning 88,000 square feet. The office buildings are located at 5160 and 5180 Parkstone Drive in the Chantilly submarket of Fairfax County in northern Virginia. Kevin Goeller, Chris Kubler and Josh Simon of NAI KLNB represented the seller, US Bank NA, in the transaction. Larry Fitzgerald of Newmark Knight Grubb Frank represented the buyer, Chalmers Property Co., in the transaction.
ATLANTA — Cassidy Turley has arranged a 52,976-square-foot lease at Circle 75 Office Park in Atlanta’s Galleria/Cumberland submarket. The tenant, Centene Corp., a healthcare services provider, will relocate to the office space at 1100 Circle 75 Parkway. Centene will occupy floors five, six and 11 for an eight-year term. Kirk Diamond, April Hawkinson and Erin Smith of Cassidy Turley’s Atlanta office, along with Scott Bazoian of the firm’s St. Louis office, represented the tenant in the lease transaction. Matt Spickard and Greg Frankum of Transwestern represented the landlord, SK Commercial. Centene Corp. previously occupied 38,562 square feet of office space in nearby Smyrna, Ga.
MINNETONKA, MINN. — Paster Enterprises has purchased the Highland Bank Building, a 20,149-square-foot office property in Minnetonka, a southwest suburb of Minneapolis. Located at 1730 Plymouth Road, the building is anchored by a 5,517-square-foot Highland Bank and a 3,608-square-foot Avada Audiology & Hearing Care. Additional tenants include A&H Intermediaries, American Family Insurance, Carlstrom Jewelry, Chef’s Classic Fine Foods, Choice Insurance Agency, Elite Medical Scribes, Hannon & Sandler DDS, Lisa Verna, Lynn KlickerUthe and Slack & Young.
PHOENIX — MIG Real Estate has acquired Arcadia Gateway Center, an 89,835-square-foot office building in Phoenix, for an undisclosed sum. The Class A center is located at 4222 East Thomas Road near Arcadia Crossing and Desert Palm. It is currently 93 percent leased. Cushman & Wakefield represented the seller in this transaction.
RALEIGH, N.C. — Cassidy Turley has arranged $78.7 million in financing for The Forum, an office campus consisting of 635,380 square feet of space in Raleigh. The park, located on a 19-acre lot at the intersection of Strickland and Six Forks roads a mile from Interstate 540, is 96 percent leased. John Campanella and Paul Spellman of Cassidy Turley arranged the loan through an unnamed commercial bank.
DALLAS — Colliers International has brokered the sale of Oakbrook Plaza, a 176,872-square-foot office complex in the Southwestern Medical District of Dallas. The property, located at 1515-1575 W. Mockingbird Lane, includes a central seven-story tower surrounded by six single-story buildings. Creighton Stark and Ben Lurie of Colliers represented the seller in the transaction.
HOUSTON — Marcus & Millichap has brokered the sale of a 70,474-square-foot office property in Houston. The multi-tenant building, located at 8300 FM 1960 West, stands four stories and was fully leased at the time of the sale. Constructed in 1986, the site allows for easy access to Highway 290, Beltway 8 and Tomball Parkway. Ron Hebert and Christopher Jones of Marcus & Millichap marketed the asset on behalf of the seller, a real estate investment trust. The two also secured the buyer, a limited liability company, after fielding offers from nine different prospects.
HOUSTON — Piedmont Office Realty Trust will develop a new 302,000-square-foot office tower in its Enclave business park in Houston’s Energy Corridor. The firm plans to break ground in March 2014 on the 11-story, Class A structure, which will be located on a 4.7-acre parcel immediately north of the 1430 Enclave Parkway building. Enclave Place will be divided into 28,900-square-foot floor plates and also include a six-level parking garage. Gensler is the project architect, PMRG is serving as project manager, and Tellepsen Builders will work as general contractor. Piedmont expects to complete the tower in the second quarter of 2015.
PHOENIX — MIG Real Estate has acquired Arcadia Gateway Center, an 89,835-square-foot office building in Phoenix, for an undisclosed sum. The Class A center is located at 4222 East Thomas Road near Arcadia Crossing and Desert Palm. It is currently 93 percent leased. Cushman & Wakefield represented the seller in this transaction.