LAKEWOOD, COLO. — Fox Point Commons, a 55,024-square-foot office and retail complex, has sold to Kensington, LLC for $2.5 million. It is located at 13655-13701 West Jewell Ave. Kensington, which purchased Fox Point as a 1031 Exchange property, was represented by Matt Ritter of Pinnacle Real Estate Advisors. The unnamed seller was represented by TJ Smith of Colliers International.
RANCHO CUCAMONGA, CALIF. — Inland Empire Health Plan (IEHP) has leased 207,000 square feet at the Atrium at Empire Lakes in Rancho Cucamonga. It will move into its new headquarter space in the second quarter of 2013. The company is relocating from San Bernardino. IEHP was represented by Studley’s Joshua Gorin, Steve Pisarik, Mark Sullivan, and Roi Shleifer and Tom Pierik of Lee & Associates. The landlord,Torchlight Investors/Kelly A. McLaren,was represented by Phil Woodford, John Oien and Vindar Batoosingh.
SAN JOSE, CALIF. – Nutanix has subleased 31,000 square feet of space at 1740 Technology Drive in San Jose. The company had previously occupied about 15,000 square feet at neighboring 1735 Technology Drive. The new sublease will allow Nuatnix to expand its headquarters. The new space is located in a Class A, 206,876-square-foot office building. Nutanix was represented by Joe Brady and Mike Mordaunt of Cresa San Jose. The sub-landlord, Namco Bandai, was represented by Paul McNamus and John McMahonof Colliers International.
CHARLOTTE, N.C. — Trinity Capital Advisors has sold NASCAR Plaza to Parkway Properties for a reported $100 million. The 20-story, 390,000-square-foot LEED Silver-certified office building is located at 550 S. Caldwell St. in downtown Charlotte. Trinity Capital Advisors purchased NASCAR Plaza in a joint venture with Rubenstein Partners in December 2010. The building’s occupancy grew from 37 to 88 percent under Trinity Capital Advisors and Rubenstein Partners’ ownership. Chiquita Brands International relocated its corporate headquarters to NASCAR Plaza under the former ownership.
BOSTON — Clarion Partners has acquired six office properties in Boston's Seaport District for $129.3 million. The 407,500-square-foot Fort Point portfolio is 96 percent occupied. The seller was a joint venture between Angelo, Gordon & Co. and National Development. The sale includes a 94,314-square-foot property at 33-41 Farnsworth St.; 34 and 44 Farnsworth St., featuring 24,387 and 93,824 square feet, respectively; 332 and 374 Congress St., which includes 34,412 and 96,236 square feet, respectively; and the 64,204-square-foot 263 Summer St. Ben Sayles and Coleman Benedict led the HFF team that represented the seller in the transaction.
RANCHO CUCAMONGA, CALIF. — Inland Empire Health Plan (IEHP) has leased 207,000 square feet at the Atrium at Empire Lakes in Rancho Cucamonga. It will move into its new headquarter space in the second quarter of 2013. The company is relocating from San Bernardino. IEHP was represented by Studley’s Joshua Gorin, Steve Pisarik, Mark Sullivan, and Roi Shleifer and Tom Pierik of Lee & Associates. The landlord, Torchlight Investors/Kelly A. McLaren, was represented by Phil Woodford, John Oien and Vindar Batoosingh.
SAN JOSE, CALIF. – Nutanix has subleased 31,000 square feet of space at 1740 Technology Drive in San Jose. The company had previously occupied about 15,000 square feet at neighboring 1735 Technology Drive. The new sublease will allow Nuatnix to expand its headquarters. The new space is located in a Class A, 206,876-square-foot office building. Nutanix was represented by Joe Brady and Mike Mordaunt of Cresa San Jose. The sub-landlord, Namco Bandai, was represented by Paul McNamus and John McMahon of Colliers International.
DALLAS — Colliers International North Texas has arranged the sale of the 147,252-square-foot Advancial Tower, a 17-story Class A office tower located at 1845 Woodall Rogers Freeway in uptown Dallas. The office tower overlooks the newly delivered Klyde Warren Park and has a tenant roster including Advancial, Omniplan, GroupM and Genesco. Jim Graham, Creighton Stark and Ben Lurie represented the buyer in the transaction. Charter Holdings was the seller. Greg Grainger and David Quisenberry of Colliers will handle leasing and managing responsibilities for the tower.
CHICAGO — Marcus & Millichap Capital Corp. has arranged a $13.5 million refinancing loan for an office building and two multi-tenant retail properties in Illinois. Dean Giannakopoulos of Marcus & Millichap secured the seven-year loan, which amortizes at different schedules for each property (from 15 to 20 years). The loan-to-value is 75 percent. The office property is located in Chicago's River North neighborhood, and is fully occupied by local tenants. The two retail assets are located in Mt. Prospect and Woodstock.
BOSTON — Skanska USA Commercial Development Inc. has purchased Parcel L1 in Boston's Seaport District, with plans to develop a 455,000-square-foot office building on the site. Located in the 23-acre, mixed-use Seaport Square development, the parcel is located at the corner of Seaport Boulevard and Boston Wharf Road. Boston Seaport LLC, a partnership between Morgan Stanley and Boston Global Investors, was the seller. Skanska acquired the land and development rights for $33 million and contributed an additional $4.5 million to Seaport Square's public realm improvements. The site is adjacent to Parcel K, the property Skanska bought last year with Wining Properties.