PALO ALTO, CALIF. – Bill.com, a business bill pay company, has leased 22,683 square feet at Palo Alto Technology Center. The 259,157-square-foot center is located at 1800-1850 Embarcadero Road in Silicon Valley. Bill.com was represented by Chase Lyman, Mike Saign and Ben Stern of Cornish & Carey Commercial Newmark Knight Frank. The landlord, KBS Realty Advisors, was represented by Lyman, Randy Gabrielson and John McKenna of the same firm.
SCOTTSDALE, ARIZ. – Financial planning company LearnVest has leased 5,160 square feet at SkySong 2 in Scottsdale. The company is expanding and relocating from its original space in Tempe. It has signed a three-year lease at the property, which is also home to jobing.com, recruiting.com, Yodlee, ASU and Webfilings. LearnVest was represented by Matt Coxhead and Ryan Bartos of Cushman & Wakefield. The landlord, Holualoa Capital Management, was represented by Andrew Cheney of Lee & Associates Arizona.
CHICAGO — MT Food Services has selected The Missner Group to complete an office/warehouse renovation and build-out for its 60,000-square-foot facility located at 400 N. Noble St. in Chicago. The industrial facility features 40,000 square feet of warehouse space with 21-foot clear heights, six exterior docks and two drive-in doors, as well as 20,000 square feet of office space. Glen Missner is the principal overseeing the project and Curt Burns of The Missner Group is serving as project manager. Cornerstone Architects is providing architectural services for the project, which is scheduled for completion in April.
EAST HANOVER, N.J. — Griffin Capital Corp. has selected Jones Lang LaSalle to provide leasing and property management for Eagle Rock Executive Office IV, located 120 Eagle Rock Avenue in East Hanover. The firm will provide a full range of property management and transaction services for the Class A, 177,820-square-foot commercial office building. Dennis McConnell and Dan Spero make up the leasing team, and Beth Pereira and Mary Oppel comprise the property management team. Griffin Capital acquired the property from Columbia Property Trust in late 2013 as part of an 18-building nationwide portfolio acquisition.
YONKERS, N.Y. — Micromold Products has expanded and relocated to 7 Odell Plaza in Yonkers. The new 12,991-square-foot space is located within South Westchester Executive Park, which is owned by Mack-Cali Realty Corp. Howard Greenberg of White Plains, N.Y.-based Howard Properties represented the tenant in the transaction, while Mack-Cali was represented in-house by Ivan Abry. Terms and conditions of the lease were not disclosed.
HOUSTON — Moody Rambin has arranged the lease of 5,718 square feet of office space in Houston for Vericlaim Inc., a loss-adjusting and claims management company. The tenant will occupy a portion of the 2500 Wilcrest building, located at 2500 Wilcrest Drive on the city’s west side, in proximity to the Sam Houston Tollway. Griffin Jaggard and Kurt Kistler of Moody Rambin represented the property owner, IC Wilcrest LP, in the negotiations. David Husid of Newmark Grubb Knight Frank represented Vericlaim.
SAN FRANCISCO — CIM Group has acquired a five-story office building in San Francisco’s South Financial District for an undisclosed sum. The building is located at 246 1st Street. This is CIM’s fifth office acquisition in San Francisco.
ATLANTA — Lincoln Property Co. Southeast has arranged two leases totaling more than 22,500 square feet at 1165 Northchase Parkway, an office building in Atlanta’s Galleria/Cumberland submarket. The four-story property is located in the Northchase Office Park development. Hunter Henritze and Jeff Henson of Lincoln Property Co. Southeast represented the landlord, JP Partners, in both transactions. The transactions include Crane Materials International signing a five-year lease for 14,484 square feet and Pinkerton & Laws signing a five-year lease renewal/expansion for a total of 8,093 square feet. Ryan Cone of Cone Middour Partners represented Crane Materials in its lease negotiations, while Gary Waddell of Cushman & Wakefield represented Pinkerton & Laws in its lease renewal/expansion.
SKOKIE, ILL. — Sperry Van Ness Chicago Commercial has completed the sale of Sharp Corner School, which is situated on three acres at 9301 Gross Point Road in Skokie. The 69,300-square-foot property sold for $2.2 million to an undisclosed buyer. Vincent D’Amico and John Hancko of Sperry Van Ness LLC and Louis Fisher of Sperry Van Ness Auctions represented the undisclosed seller in the transaction.
MINNEAPOLIS — Knutson Construction has moved its corporate headquarters to a new space in Minneapolis. The new office is located at 7515 Wayzata Blvd, along I-394. Designed in partnership with Minneapolis-based HDR Architecture, the 25,000-square-foot building features an open floor plan, a 400-square-foot skylight, distinctive conference rooms, a multipurpose room and a 1,300-square-foot outdoor patio. The company formerly leased space at Colonnade Tower.