Office

WAYFAIR.COM SIGNS 105,000 SF LEASE IN BOSTON

by admin May 1, 2013

BOSTON — Wayfair.com has signed a 105,000-square-foot lease at Copley Place in Boston’s Back Bay area. The location will become Wayfair.com’s new corporate headquarters. The lease was signed with Simon Property Group Inc. (NYSE: SPG), landlord of Copley Place. The new space is 10 percent larger than Wayfair.com’s current offices at 177 Huntington Ave. and can be expanded as the company continues to grow. Wayfair.com is an online retailer of home goods. Michael Joyce, Jonathan Varholak and Thomas Ashe of Richards Barry Joyce & Partners represented Wayfair.com. Ogden White of CBRE New England represented Simon Property Group.

May 1, 2013

NAI ROBERT LYNN BROKERS FLEX OFFICE PURCHASE

by admin May 1, 2013

FORT WORTH, TEXAS — NAI Robert Lynn has arranged the purchase of 39,750 square feet of office/warehouse space at 1201 and 1225 Forum Way S. in Fort Worth. Michael Newsome of NAI Robert Lynn represented the buyer, Cowart Properties LLC, in the transaction. Noel Hutcheson of Colliers International represented the seller.

May 1, 2013

Office Western

INTERCHANGE BUSINESS CENTER IN SAN BERNARDINO CHANGES HANDS

by admin May 1, 2013

SAN BERNARDINO, CALIF. — interchange Business Center, a 667,024-square-foot industrial center in San Bernardino, has sold to one of the U.S.’s largest privately held real estate advisors for an undisclosed sum. The three-building center is located at 1651 Interchange Drive. The seller was a partnership between Behringer Harvard and CT Realty Investors.

May 1, 2013

Office Southeast

MEDICAL TRAINING SCHOOL TAKES SPACE IN ATLANTA

by admin April 30, 2013

ATLANTA — Medtech College has signed an 11-year lease for 16,000 square feet at 2800 Century Parkway in Atlanta, part of the Century Center office park. Medtech, a medical training school with locations in the Southeast and Midwest, currently has two Atlanta-area campuses. The space was previously occupied by AT&T before its recent consolidation. Dale Lewis of Cassidy Turley represented Medtech in the relocation of its Tucker campus to Century Center. Medtech can now provide training programs to the entire northeast Atlanta area. Jim Legg of Highwood Properties represented the landlord.

April 30, 2013

Northeast Office

MACK-CALI SELLS NEW JERSEY PROPERTY FOR $72.3M

by admin April 30, 2013

BRIDGEWATER, N.J. — Mack-Cali Realty Corp. (NYSE: CLI) has sold its 55 Corporate Drive office building in Bridgewater for $72.3 million. The four-story, 205,439-square-foot Class A property was sold to a subsidiary of Cole Corporate Income Trust Inc., an entity managed by Cole Real Estate Investments. The building, which was developed by Mack-Cali as a build-to-suit for Sanofi-Aventis, was completed in early 2011. Adam Spies, Kevin Donner and Neill Wessell of Eastdil Secured LLC represented Mack-Cali in this transaction.

April 30, 2013

Northeast Office

EMERGE212 OPENS TWO OFFICES IN NYC

by admin April 30, 2013

NEW YORK CITY — Emerge212, a Manhattan boutique office environment service provider, has celebrated the grand opening of two new workspace centers at 3 Columbus Circle (3CC) and 125 Park Avenue in Manhattan. The centers total 90,000 square feet of flex office space. The 60,000-square-foot office at 3CC, which has recently undergone a $175 million redevelopment program, is situated on the 15th and most of the 16th floors of the 26-story building. The 30,000-square-foot office at 125 Park Avenue occupies the top two floors, 25 and 26. David Silverman of New York City-based Loffredo Brooks Architects designed the interiors of 3CC and 125 Park Avenue. Features of the new offices include private phone booths, a water/coffee bar and oversized boardrooms. Approximately 50 percent of 3 Columbus Circle is preleased and about 25 percent is preleased at 125 Park Avenue. SL Green owns both properties.

April 30, 2013

Northeast Office

THE NAVIGATORS GROUP SIGNS 36,782 SF LEASE

by admin April 30, 2013

STAMFORD, CONN. —The Navigators Group Inc. has signed a long-term lease to occupy the entire eighth floor — totaling 36,782 square feet — at 400 Atlantic St. in Stamford. The international specialty insurance holding company will relocate its corporate headquarters from Rye Brook, N.Y., bringing with it an additional 200 jobs. Navigators joins a tenant roster at the 15-story, 500,000-square-foot Class-A office tower that includes corporations such as Charter Communications, UBS, American Express, The Santander Group and Harman Kardon. The Landis Group is the landlord at 400 Atlantic St.

April 30, 2013

Office Texas

TEXAS CAPITAL BANK EXTENDS LEASE, EXPANDS IN RICHARDSON

by admin April 30, 2013

RICHARDSON, TEXAS — Stream Realty has arranged a 170,000-square-foot lease expansion and extension with Texas Capital Bank at 2350 Lakeside in Richardson. Tommy Nelson and Jeff Schweitzer of Stream Realty represented the landlord, Lakeside Tower, in the transaction. Terry Quinn of Cresa Dallas represented Texas Capital Bank.

April 30, 2013

Office Texas

TRANSWESTERN TO LEASE OFFICE COMPONENT OF MIXED-USE CENTER

by admin April 30, 2013

HOUSTON — Transwestern's Houston office has been awarded the office leasing assignment for a new 125,000-square-foot, Class A office building slated to begin construction in Houston. The office building will be part of LaCenterra at Cinco Ranch, a 34-acre Main Street-style town center development located in the master-planned community of Cinco Ranch. The mixed-use center is fully leased to more than 50 retailers and restaurants and includes 90,000 square feet of office space. Houston-based Vista Cos. and Denver-based Amstar formed a partnership to develop and manage the mixed-use development. The new office building is part of Phase II of development, which will include the addition of 130,000 square feet of retail space and a 300-unit luxury residential project. Phase II will also include the construction of an outdoor event center called Central Green, which is being developed in partnership with the Willow Fork Drainage District.

April 30, 2013

Office Texas

LAW FIRM LEASES OFFICE SPACE IN ROLEX BUILDING

by admin April 30, 2013

DALLAS — Cassin & Cassin LLP, a Manhattan-based law firm, has leased 3,060 square feet of office space at the Rolex building, a seven-story, 155,550-square-foot office building in Uptown Dallas. The building, built in 1984, is credited as the first office building in Uptown Dallas. The landlord, Harwood International, was self-represented by Jihane Boury. Phil Puckett of CBRE represented the tenant, along with Joseph Cassin and Ron Uretta of Cassin & Cassin. With the new lease, the Rolex building is 86 percent occupied.

April 30, 2013

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