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.
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.