SAN FRANCISCO — CIM Group has acquired the office building that resides at 330 Townsend in San Francisco’s South of Market (SOMA) district. The purchase price was not disclosed. The building is situated near the CalTrain San Francisco Station and the new Central Corridor transit line, which is currently under construction. It is currently 98 percent leased to a variety of creative and professional services firms.
CARY, N.C. — Carolina Center for ABA and Autism Treatment has signed an 11,583-square-foot lease to fully occupy a building located at 111 MacKenan Drive in Cary's MacGregor Office Park. The company will double the size of its previous space. The Carolina Center for ABA and Autism Treatment offers locations in Cary, Charlotte and Fayettville, N.C., and provides in-home and clinic-based services for children with autism. The organization's Cary location includes a mock classroom clinic for customers interested in the design and structure found in a school-based classroom. Deborah Boucher of Cassidy Turley represented the tenant in the transaction.
BROOKFIELD, WIS. — Hendricks Commercial Properties LLC has purchased the Gateway Business Center in Brookfield for $6.1 million. The 72,510-square-foot technology and flex center is located at 3235-3275 Intertech Drive, about 12 miles west of Milwaukee. The seller was Westminster Gateway LLC. Tom Shepherd of Colliers International | Wisconsin represented the seller. The two-building multi-tenant center was built in 1997 and is anchored by TW Telecom, a networking and data solutions provider. Hendricks was self-represented in the transaction
OAK BROOK, ILL. — Toymaker TOMY International is relocating its North American headquarters to the Commerce Plaza office complex in Oak Brook, a western suburb of Chicago. TOMY, which is moving from the nearby 1111 W. 22nd Street building has signed a long-term lease with Arden Realty Inc. for 24,649 square feet at 2015 Spring Road. By moving to Commerce Plaza, TOMY is able to create a more open, creative and updated work environment in terms of technology and design, according to Randy Peltier, vice president of marketing, technology and operations at Jones Lang LaSalle (JLL). Todd Schaefer of JLL represented TOMY, which manufactures and markets toys under popular and classic licensed properties, in the transaction. Laura Quayle of Arden Realty and Jeff Shay, Bruce Renwick and Karla Harmon of JLL represented Arden.
HOUSTON — Laurus Corp., a private real estate investor and developer, has acquired the Gateway I and II office buildings in Houston. The two Class A buildings total 270,000 square feet and are located at 15333 John F. Kennedy Drive. The six-story and eight-story office buildings feature a courtyard, vaulted ceilings and marble floors in the lobby, covered driveway, full service cafe and a five-story parking structure. Laurus will invest capital for upgrades and renovations to the lobby, corridors and bathroom facilities.
DALLAS — Goodson Acura has purchased a 12,000-square-foot office building, located at 2710 Oak Lawn Ave. in Dallas, for its corporate offices. Eliza Solender of Solender/Hall represented the seller, Cancer Support Community, in the transaction. Russell Cosby and Doug Carignan of Jones Lang LaSalle represented Goodson Acura.
SAN FRANCISCO — CIM Group has acquired the office building that resides at 330 Townsend in San Francisco’s South of Market (SOMA) district. The purchase price was not disclosed. The building is situated near the CalTrain San Francisco Station and the new Central Corridor transit line, which is currently under construction. It is currently 98 percent leased to a variety of creative and professional services firms.
SAN JOSE, CALIF. — Nimble Storage has signed an eight-year lease for a 165,000-square-foot Silicon Valley office campus. The lease is valued at more than $31 million. The newly redesigned, three-building complex is located at River Oaks Parkway and Zanker Road in San Jose. Nimble Storage was represented by Steve Lico and David Tipton of Cresa Partners. The landlord, Bixby Land Company, was represented by Steve Horton, Kelly Yoder and Erik Hallgrimson of Cassidy Turley.
CHARLESTON, S.C. — Bridgeview Properties has acquired an office portfolio of three properties at 4275 Bridgeview Drive, 4355 Bridgeview Drive and 4340 Corporate Road in Charleston, for $8 million. Built in the late 1980s, the properties total more than 112,000 square feet. Two tenants, Serco and NCO, occupy 60 percent of the space. The buyer plans to completely gut and upgrade the interior of 4340 Corporate Road. R. Milton Thomas of Lee & Associates represented the buyer and seller, the Estate of Morton Needle, in the transaction.
SAN JOSE, CALIF. — Nimble Storage has signed an eight-year lease for a 165,000-square-foot Silicon Valley office campus. The lease is valued at more than $31 million. The newly redesigned, three-building complex is located at River Oaks Parkway and Zanker Road in San Jose. Nimble Storage was represented by Steve Lico and David Tipton of Cresa Partners. The landlord, Bixby Land Company, was represented by Steve Horton, Kelly Yoder and Erik Hallgrimson of Cassidy Turley.