Office

MAKE-A-WISH ILLINOIS RENEWS LEASE, EXPANDS OFFICE BUILDING IN CHICAGO

by admin February 14, 2013

CHICAGO — Make-A-Wish Illinois, the nonprofit organization that grants the wishes of children with life-threatening illnesses, is renewing and expanding its lease at 640 N. LaSalle St. The nonprofit will expand its office space by 80 percent to 10,787 square feet. The deal will bring the overall occupancy rate in the seven-story building to more than 90 percent. Make-A-Wish has been tenant in the building since 1988, when it leased approximately 995 square feet. Melissa Rubenstein and Brian Atkinson of Jones Lang LaSalle represented the building’s owner, MAC Management Co. Inc. Connor Kerr and Lisa Konieczka of CBRE represented Make-A-Wish in the deal.

February 14, 2013

REVAL.COM LEASES 7,076 SF OF OFFICE SPACE IN PARKVIEW TOWER

by admin February 14, 2013

KING OF PRUSSIA, PA. — Philadelphia-based Keystone Property Group has signed Reval.com Inc. to a 66-month lease for 7,076 square feet of office space at Parkview Tower in King of Prussia. The nine-story, Class A office building is 220,513 square feet and located at 1150 First Ave. Reval.com provides software on demand for treasury and risk management companies. Peter Strickler of DTZ, a UGL Co., represented Reval.com in the deal.

February 14, 2013

Northeast Office

HYPERACTIVE MULTIMEDIA LEASES 3,200 SF OF OFFICE SPACE IN QUINCY, MASS.

by admin February 14, 2013

QUINCY, MASS.— HyperActive Multimedia Inc., a multimedia service provider, has signed a lease for 3,200 square feet of office space at the landmark Willard Building, located at 1266 Furnace Brook Parkway in Quincy. The four-story office building is 44,997 square feet and was built in 1891. Richard McKinnon of locally based The Grossman Companies represented the tenant and the landlord in the deal.

February 14, 2013

Office Western

IMT CAPITAL BUYS SUNKIST BUILDING IN SHERMAN OAKS

by admin February 13, 2013

LOS ANGELES — IMT Capital LLC and its affiliate IMT Residential has purchased the Sunkist building in Sherman Oaks, a Los Angeles submarket, for an undisclosed sum. The building is located at 14130 Riverside Drive. It was constructed in 1971 and has served as Sunkist’s headquarters for more than 41 years. IMT plans to add a mixed-use project containing residential and retail components to the infill location.

February 13, 2013

Midwest Office

AUTISM SOCIETY LEASES 5,800 SF OF OFFICE SPACE IN WAUWATOSA, WIS.

by admin February 13, 2013

WAUWATOSA, WIS. — The Autism Society of Southeastern Wisconsin has leased 5,800 square feet of office space in Wauwatosa. The single-story building is located at 3720 N. 124th St. Stephen Provancher and Tim Janusz of NAI MLG Commercial represented the landlord, KL 124th Partners LLC, in the deal. The Autism Society provides awareness and educational resources for people with various forms of autism, their families and professionals.

February 13, 2013

Office Texas

TWO UPTOWN DALLAS OFFICE BUILDINGS SELL

by admin February 13, 2013

DALLAS — Colliers International North Texas has arranged the sale of two office buildings in Uptown Dallas totaling 188,893 square feet. The two office buildings are 3500 Oak Lawn and 4245 North Central Expressway. Creighton Stark and Ben Lurie of Colliers represented both the buyer, Caddo Holdings LLC, and the seller, California-based M West, in the transaction.

February 13, 2013

Office Western

IMT CAPITAL BUYS SUNKIST BUILDING IN SHERMAN OAKS

by admin February 13, 2013

February 13, 2013

Office Western

SCOTTSDALE OFFICE/FLEX SPACE SELLS FOR $4.3M

by admin February 12, 2013

SCOTTSDALE, ARIZ. – A 66,240-square-foot office/flex building in Scottsdale has sold to Helio Real Estate for $4.3 million. It is located at 8388 E. Hartford Drive. Helio was represented in-house by Adrian Evarkiou. The seller, H-B Perimeter, LLC, was represented by Jeff Adams, Mike Myrick and Alexandra Loye of NAI Horizon.

February 12, 2013

Office Western

WAKELY CONSULTING RENEWS, EXPANDS AT PYRAMID POINTE

by admin February 12, 2013

DENVER — Wakely Consulting Group has signed a 61-month lease renewal at Pyramid Pointe in Meridian. The lease also includes an 8,400-square-foot expansion at the Class A office building, which is located at 9777 Pyramid Court in the Denver submarket. The building is now 93 percent leased. The landlord, Westcore Properties, was represented in-house by John Fefley.

February 12, 2013

Office Southeast

WEST BOCA MEDICAL ARTS PAVILION SELLS FOR $12M

by admin February 12, 2013

BOCA RATON, FLA. — The 55,832-square-foot West Boca Medical Arts Pavilion in Boca Raton has sold to a national REIT for $12 million. The Class A medical office property was destroyed by Hurricane Wilma and purchased by 07-QCC-1088 LLC in 2008. The building was gutted, renovated and re-tenanted. SK Commercial Realty represented the seller in the transaction.

February 12, 2013

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