ALPHARETTA, NORCROSS AND SMYRNA, GA. — Atlanta-based OA Development has awarded Lincoln Property Co. Southeast the leasing assignment for four office properties in metro Atlanta. The properties include the 135,000-square-foot Lakeview 400 and 99,000-square-foot Bluegrass Promenade in Alpharetta; the 111,000-square-foot Northwoods Business Center in Norcross; and the 104,000-square-foot 2400 Lake Park Drive in Smyrna. Michael Howell and Hunter Henritze of Lincoln will handle the leasing for the four office properties.
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CHICAGO — Construction of a new office for law firm HeplerBroom LLC is slated to begin this March in Chicago. The firm is moving from its current location at 150 N. Wacker Dr. to 30 N. LaSalle Dr. Chicago-based Fitzgerald Earles Architects and Associates (FEAA) is designing the renovation of the existing 29th floor office suite, which consists of 17,309 square feet. HeplerBroom plans to move into the new space this July.
NEWPORT, N.J. — Antenna Software has expanded its headquarters at 111 Town Square Place in Newport. The company creates and manages mobile applications and websites. Antenna Software signed a 10-year lease for 22,000 square feet, which more than doubles its current space. The transaction also included a two-and-a-half year extension of the company's existing lease. Peter Hamburger, Harlan Hollander and Walter Shoenberg of Cushman & Wakefield's East Rutherford office represented the tenant in the transaction. Newport Center I Ltd. Partners, the building owner, was represented in-house by Thomas Traugott.
PITTSBURGH — Healthcare Trust of America Inc., a REIT, recently purchased Penn Avenue Place, an office building in Pittsburgh's central business district, for $54 million. Built in 1907, the 558,000-square-foot building was renovated in 1997 and is 99 percent leased. The property is located at 501 Penn Ave. Mark Popovich led the HFF team that represented the seller, an affiliate of Oxford Development Co., in the transaction.
LEXINGTON, KY. — Lexington-based NAI Isaac has negotiated the $2.67 million sale of two medical office buildings, located at 1713 and 1721 Nicholasville Rd. in Lexington, totaling 11,110 square feet. Al Isaac of NAI Isaac represented the sellers, EW Nicholasville and 1713 Nicholasville, LLC, in the transaction. The buyer was an undisclosed investor.
NEW YORK CITY — Investment Technology Group (ITG) has signed a new lease for 132,000 square feet at One Liberty Plaza in New York City. ITG is an independent research broker for global portfolio managers and traders. Under the 15-year lease agreement, ITG will occupy three floors of the property. The building is now 98 percent leased. Neil Goldmacher, Brian Goldman, Josh Friedman, John Hennessey and Merrill Roth of Newmark Knight Frank represented ITG in the transaction. Brookfield Office Properties, the landlord, was represented in-house by Duncan McCuaig and Sarah Pontius.
HOUSTON — California Credit Union has acquired 507, 519 and 523 N. Sam Houston Parkway E. buildings, located in the Sam Houston Plaza Business Park near the intersection of Interstate 45 and Sam Houston Parkway in Houston's Greenspoint submarket. The properties comprise 235,794 square feet of office space. Houston-based Moody Rambin Interests has been retained for property leasing and management services. Ann Woody will oversee the property management of the property and Terri Torregrossa will handle the property's leasing.
PLANO — Plano Data has expanded its lease by 16,386 square feet for a total 116,376 square feet of office space at Plano Business Park, a 283,559-square-foot office complex located at the intersection of Shiloh Road and Plano Parkway in Plano. Other tenants in the complex include ND SatCom and Enterprise Mobile. George Tanghongs and Brett Lewis of Lee & Associates' Dallas office represented the tenant in the lease transaction. Alan Clark and Paul Tichacek of JSC Realty Services' Dallas office represented the landlord, KBS REIT II.
ATLANTA — Parmenter Realty Partners has acquired the 350,000-square-foot Lenox Building, located at 3399 Peachtree Rd. NE in Atlanta, from Clarion Partners for $59.3 million, according to CoStar. The 19-story building includes a fitness center, structured parking, cafe and direct access to the MARTA Lenox station. John Davidson, Michael Holmes and Reginald Mackey of Cushman & Wakefield's Atlanta office represented the seller in the transaction. Cushman & Wakefield Sonnenblick Goldman arranged acquisition financing through GE Capital Real Estate.
NASHVILLE, TENN. — Ebon Falcon, an entity controlled by Dr. David Black, president of Aegis Sciences Corp., has purchased the 109,000-square-foot First Image building, located at 501 Great Circle Rd. in Nashville, for $8.7 million. Tenants include St. Thomas Health Services and Brown and Caldwell. Todd Alexander of Nashville-based Southeast Venture represented the seller, Embassy Square, in the transaction. Charley Hankla of Cassidy Turley's Brentwood, Tenn., office represented the buyer.