SCOTTSDALE, ARIZ. — Buchanan Street Partnershas purchased a Perimeter Center building in Scottsdale for an undisclosed sum. The 66,800-square-foot office/flex building is located within the master-planned Perimeter Center at 8388 E. Hartford Drive. It was mostly vacant at the time of sale.
ROSEVILLE, CALIF. — Ellis Partners LLC has acquired a nine-building office portfolio in Roseville for an undisclosed sum. The portfolio contains a total of 670,000 square feet along the region’s Douglas Boulevard. The buildings are located in the Summit at Douglas Ridge, Olympus Corporate Centre, Johnson Ranch Corporate Center and Roseville Corporate Center. Chris Lemmon, Todd Eschelman and Zac Collie of Cornish & Carey Newmark Knight Frank will serve as the portfolio’s exclusive leasing agents. The seller was Hines U.S. Core Office Fund. Hines will handle the portfolio’s property management.
ORLANDO, FLA. — Boca Raton, Fla.-based Crocker Partners has acquired Orlando University Center, a five-building office portfolio, for approximately $33 million on Auction.com. The 386,512-square-foot portfolio includes three office buildings on Lake Lynda Boulevard and two office buildings on Corporate Boulevard in Orlando. The office park portfolio is 70 percent occupied by local, regional and national tenants including Woolpert Inc., Zenith Insurance, the Social Security Administration and Dignitas. Fred Beasley and Bret Felberg of Colliers International Central Florida and John Crotty of Colliers International South Florida represented the seller. Crocker Partners represented itself. LNR was the special servicer for the office portfolio.
NASHVILLE, TENN. — Birmingham, Ala.-based Regions Bank has signed a 12.5-year, 100,000-square-foot lease at One Nashville Place, a 37-story Class A office tower in Nashville’s downtown business district. Daymark Realty Advisors manages One Nashville Place on behalf of an investment group comprised of individual owners. The Regions Bank location will house approximately 225 employees and serve as the headquarters for the company’s Mid-Atlantic region and Middle Tennessee area. Other tenants at One Nashville Place include Merrill Lynch, Ernst & Young, National Association of State Boards of Accountancy and IBM.
WALTHAM, MASS. — MarketOne International, a global digital marketing and B2B telemarking service provider, has signed a 21,674-square-foot office lease at 610 Lincoln St. S. in Waltham. The company will relocate its U.S. headquarters in Maynard, Mass. to the new facility. John Boyle and Connor Barnes of Cassidy Turley represented the tenant in the transaction. Chip Batchelder of Wyman Street Advisors represented the landlord, Hobbs Brook Management LLC.
FARMERS BRANCH — Stream Realty Partners has arranged the sale of the 181,961-square-foot One Colinas Crossing, a six-story office building located in Farmers Branch. JDA Software occupies 50 percent of the property, and the buyer, TIB-The Independent BankersBank, will move its headquarters to the remainder of the property. Jamie Jennings and Keith Fisher of Stream Realty Partners represented the seller, PacTrust, in the transaction. Robert Deptula of Transwestern represented the buyer.
SCOTTSDALE, ARIZ. — Buchanan Street Partners has purchased a Perimeter Center building in Scottsdale for an undisclosed sum. The 66,800-square-foot office/flex building is located within the master-planned Perimeter Center at 8388 E. Hartford Drive. It was mostly vacant at the time of sale.
ROSEVILLE, CALIF. — Ellis Partners LLC has acquired a nine-building office portfolio in Roseville for an undisclosed sum. The portfolio contains a total of 670,000 square feet along the region’s Douglas Boulevard. The buildings are located in the Summit at Douglas Ridge, Olympus Corporate Centre, Johnson Ranch Corporate Center and Roseville Corporate Center. Chris Lemmon, Todd Eschelman and Zac Collie of Cornish & Carey Newmark Knight Frank will serve as the portfolio’s exclusive leasing agents. The seller was Hines U.S. Core Office Fund. Hines will handle the portfolio’s property management.
LOS ANGELES – A 46,213-square-foot office building in the Los Angeles submarket of Brentwood has sold to WLA Wilshire, LLC for $15.5 million. It is located at 11859 Wilshire Blvd. WLA was represented by Andrew Jennison of Industry Partners. The seller, 11859 Wilshire, LLC, was represented by Roger Beck and Gelena Skya-Wasserman of Charles Dunn Company. The seller had previously occupied the building as PCS, a communications company that has since moved to Texas.
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.