HOUSTON — Gainer, Donnelly & Desroches, an accounting firm, has relocated offices and is leasing more than 45,000 square feet of space at Two Riverway, an office building located in Houston. The accounting firm will take on the office building's 15th and 16th floors.
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SAN DIEGO — A 31,421-square-foot office building located at 9980 Carroll Canyon Road in San Diego has sold to National University for $5.6 million. The university plans to use this building for administrative and educational purposes. National University was represented by John Bucher of John Bucher Real Estate. The seller, Rancho Santalina, LLC, was represented by Brian Mulvaney, Bruce Sanders, Paul Brown and Matthew Bean of Voit’s San Diego office.
WOODLAND HILLS, CALIF. — Patriot National Insurance Group has leased 14,557 square feet of office space at LNR Warner Center IV in Woodland Hills. The company plans to use the space for its regional headquarters. Patriot National was represented by Dan Sanchez and Jim Cahlin of Jones Lang LaSalle. The landlord, LNR, was represented by Sanchez.
SILVER SPRING, MD. — A joint venture between Bernstein Management and Spectrum Partners has purchased the 288,392-square-foot Tech Center 29, a four-building office/flex portfolio located off Route 29 in Silver Spring, for $31.1 million from Cleveland-based DDR Corp. The portfolio is 93 percent leased. Jonathan Carpenter and James Wellschlager of Cassidy Turley represented the seller in the transaction.
NEW ALBANY, OHIO — Gladstone Commercial Corp. has purchased an 89,000-square-foot office building in New Albany for $13.3 million. The property includes a three-story office building connected to a two-story research and development facility. The building is leased to CV Management Corp., a wholly owned subsidiary of Commercial Vehicle Group (CVG). CVG is a global supplier of complete cab systems in the heavy-duty truck, construction and agricultural equipment markets.
NEW YORK CITY — Technology firm Kenshoo Inc. has signed a 6-year lease for 10,210 square feet of office space at 80 Broad St. in New York City. Hal Stein, Adam Leshowitz and Todd Stracci of Newmark Grubb Knight Frank represented the landlord, an affiliate of Savanna, in the transaction. Ruth Colp-Haber of Wharton Property Advisors represented the tenant.
SCOTTSDALE, ARIZ. — Sorenson Communications has leased 19,959 square feet at Riverwalk Arizona, a 187-acre mixed-use business park in Scottsdale. Sorenson was represented by Keith Lammersen, Jim Sadler and Jason Moore of Jones Lang LaSalle. The landlord, The Alter Group, was represented in-house by Kurt W. Rosene and by Mike Beall and Chris Walker of Cushman & Wakefield of Arizona.
MOBILE, ALA. — Burton Property Group has purchased the 70,819-square-foot BB&T Centre, a four-story office building located at 41 West Interstate 65 Service Road in Mobile. The building is anchored by BB&T and serves as the offices for the Mitchell Co., Wilkins Miller Hieronymus, Wells Fargo and Sen. Jeff Sessions. Josh Burmeister of SRS Real Estate Partners’ Mobile office represented Burton Property Group in the sale.
NORTHBROOK, ILL. — Tokyo-based Astellas Pharma US has opened its $150 million corporate campus in Northbrook, a site that serves as the company's North American headquarters. The 446,000-square-foot facility includes a covered parking structured, fitness center and high-tech conference center. GlenStar Properties served as the developer for the project and MB Real Estate was the project manager. The project team also included Goettsch Partners, SmithGroupJJR, WMA Consulting Engineers and Power Construction Co. Astellas is Japan's second-largest drugmaker.
JERSEY CITY, N.J. — The Bank of Tokyo-Mitsubishi has signed a 17-year, 100,274-square-foot lease expansion at Harborside Financial Center in Jersey City, bringing the bank's total leased space to 261,957 square feet. The lease is pertains to space at the 725,600-square-foot Harborside Plaza 3. Fred Smith and Curtis Foster of Cushman & Wakefield represented the tenant in the transaction. The landlord is Mack-Cali Realty Corp.