SKOKIE, ILL. — Turner Acceptance Corp., an auto loan company, has leased 40,816-square-foot at 4900 Howard in Skokie. The company is relocating from a smaller facility in Evanston. Whit Heitman, Sam Badger and Brad Weiner of Paine/Wetzel/TCN Worldwide represented the landlord, Walker Partners LLC, in the transaction. Baum Realty represented the tenant.
WOODBRIDGE, N.J. — Law firm Greenbaum Rowe Smith & Davis LLP has renewed its lease for 52,723-square-foot lease at Corporate Metro Center, located at 99 Wood Ave. S. in Woodbridge. The Corporate Metro Center is a Class A office building. Douglas Rowe of Colliers International New Jersey and Jackie Witmondt of Associated Realty represented the law firm in the transaction. Ed Duenes of Cushman & Wakefield represented the landlord, Cornerstone Real Estate Advisors.
ARLINGTON, VA. — Lowe Enterprises has commenced construction on the $70 million renovation of the 308,000-square-foot 1400 Crystal Drive, a 13-story office building located in the Arlington submarket of Crystal City. The redevelopment will include the addition of a floor-to-ceiling glass facade and expansion of existing floor plates. The building is designed to achieve LEED Gold Certification. Completion is slated for April 2013.
SKOKIE, ILL. — Turner Acceptance Corp., an auto loan company, has leased 40,816-square-foot at 4900 Howard in Skokie. The company is relocating from a smaller facility in Evanston. Whit Heitman, Sam Badger and Brad Weiner of Paine/Wetzel/TCN Worldwide represented the landlord, Walker Partners LLC, in the transaction. Baum Realty represented the tenant.
PITTSBURGH — Citizens Bank of Pennsylvania has signed a five-year lease renewal to remain the largest tenant at 525 Penn Place in Pittsburgh. The company occupies 147,500 square feet in the building. Robert Geiger of Cushman & Wakefield / Grant Street Associates Inc. represented the landlord, BNY Mellon in the transaction. CBRE Boston represented the tenant. Citizens Bank is a state-chartered bank with dual headquarters in Pittsburgh and Philadelphia.
NEW YORK CITY — SailThru, an email marketing firm, has signed a five-year lease at 10 Hudson Square in New York City. The company is relocating from its current office at 770 Broadway and will occupy 17,775 square feet. Jaime Addeo and Jack Petrie of CresaPartners represented the tenant in the transaction. Trinity Real Estate, the property owner, was represented in-house by Charles Laginestra and Marc Packman.
DALLAS — CASE Commercial Real Estate Partners has brokered four separate lease transactions totaling more than 139,000 square feet at the 838,000-square-foot The Centre Office Park, an 11-building master-planned office complex located at the southwest quadrant of Midway and Alpha roads in Dallas. Buddy Tompkins and Seth Thatcher of CASE's Dallas office represented the landlord, Daltex Centre, in all four lease transactions. Scott Bazoian of Cassidy Turley's St. Louis office and Craig Wilson of the firm's Dallas office represented Centene Corp. in its 62,674-square-foot lease; Todd Noonan of Stream Realty Partners' Dallas office represented TexasLending.com in its 67,390-square-foot lease; Nick Lee of Dallas-based NAI Robert Lynn represented VSSI in its 7,210-square-foot lease renewal/expansion; and Symphonic Source was self-represented by Ken Barth in its 1,918-square-foot lease.
HOOVER, ALA. — A 10,000-square-foot office building, located at 4 Riverchase Ridge in Hoover, has sold for $1.2 million. Dan Lovell and Walter Brown of Graham & Co.'s Birmingham, Ala., office represented MGA Properties and Myrick Gurosky & Associates, the sellers in the transaction. The buyer was Spyer Investments and Doozer Software.
LINCOLN, NEB. — The Physician Network (TPN) has signed a 25,597-square-foot office lease in the Assurity Center, located at 2000 Q St. in Lincoln. TPN is a subsidiary of Catholic Health Initiatives and the third-largest Catholic healthcare system. The company will occupy the fifth floor of Assurity Life Insurance Co.'s new 175,000-square-foot headquarters. Chris Vasek of the Lincoln office of NAI FMA Realty represented the landlord, Assurity Life Insurance Co., in the transaction. John Hyland, also of the firm's Lincoln office, represented the tenant.
PARSIPANNY, N.J. — Cole Real Estate Investments has acquired 8 Sylvan Wy. in Parsippany for $53 million. The 176,062-square-foot office building is located in the Mack-Cali Business Campus at 8 Sylvan Wy. The building serves as the global headquarters for The Medicines Co., a pharmaceutical company focused on the treatment of critical care patients. Jeffrey Dunne, Kevin Welsh, Steve Bardsley and Brian Schulz of CBRE's New York office and Sam Buckley of the firm's Saddle Brook, N.J. office represented the seller, The Hampshire Cos., in the transaction. The buyer was represented in-house by Robert Corry.