GRAND PRAIRIE — B&E Industries has leased 72,865 square feet of office/warehouse space, located at 2895 133th St. in Grand Prairie. Michael Stanzel of NAI Robert Lynn's Dallas office represented the landlord, John Wilkerson, in the lease transaction. Shane Clark of Fort Worth-based PSC Consulting Services represented the tenant.
RICHMOND — Longhorn Excavators has sold 9,544 square feet of office/warehouse space, located at 8653 FM 2759 in Richmond, to Michael McGuire and Pamela McGuire. The McGuires will lease the property to WinSim Inc. Longhorn Excavators will move its operations to a 4,000-square-foot warehouse building, located at 1625 Cottonwood School in Rosenberg. Linda Scruton of RE/MAX represented the undisclosed landlord in the Rosenberg lease transaction. Glenn Nichols of Glenn Nichols Realty represented the buyer in the Richmond transaction. Jennifer Raymond with ICO Commercial represented Longhorn Excavators in both transactions.
PHOENIX — Aon Corporation and Apogee Physicians have both signed leases at Camelback Esplanade in Phoenix. Aon has leased 10,800 square feet, while Apogee is expanding its presence to about 15,400 square feet at the mixed-use project. It had previously occupied 10,843 square feet. Both tenants were represented by Vince Femiano of Transwestern. The Esplanade’s landlord, MetLife, was represented by Jerry Jacobs, Larry Downey and Michael Crystal of Cushman & Wakefield of Arizona.
WESTLAKE VILLAGE, CALIF. — Klein Friedlander LLP has opened a new firm in Westlake Village. The firm will focus on business, labor and employment and real estate-related litigation matters. It was established by Louis Klein and Dan Friedlander, formerly of Jackson DeMarco Tidus and Peckenpaugh P.C. The office is located at 2815 Townsgate Road, Suite 200.
NEW YORK CITY — Two Trees Management Co. has begun the first phase of a multimillion dollar renovation at 50 W. 23rd St. in Manhattan. The company purchased the 13-story office property for $130 million two years ago. Two Trees plans to modernize the lobby of the 106-year-old building by adding new lighting and re-cladding the walls and floor with a white fiberglass-reinforced concrete. Designed by Leeser Architecture, the restoration will also update the building's entrances, elevator cabs and facades. Tenants at the building include Yodle, an advertising company, and Stantec Consulting, an engineering firm. Completion of the interior is slated for this June, and exterior renovations are expected to be complete this November.
SAN RAFAEL, CALIF. — BioMarin Pharmaceuticals has leased 120,338 square feet at the San Rafael Corporate Center. The company will utilize an entire 83,315-square-foot building located at 770 Lindaro Street, in addition to 37,023 square feet on the second and fourth floors of 790 Lindaro Street. BioMarin plans to occupy this space in the spring. The firm was represented by Mark Maguire, Phil Arnautou and Luke Wilson of Colliers International. Trevor Buck and Steve Leonard of Cassidy Turley represented the landlord, Seagate Properties, in this transaction.
FORT MYERS, FLA. — Two office buildings totaling 18,944 square feet, located at 9351 Corkscrew Rd. and 21105 Design Park Ln. in Fort Myers, have been sold for $1.42 million. Stan Stouder of CRE Consultant's Fort Myers office represented Bank of America, the seller, in the transaction. Stephanie Miller and Bob Muller of Estero, Fla.-based Select Real Estate represented the buyer, First CZ Real Estate.
PORT WASHINGTON, N.Y. — The Nassau Industrial Development Agency has approved an economic development compact that will allow The NPD Group to undertake an $8 million renovation of its Port Washington headquarters. The 117,000-square-foot headquarters is located at 900 W. Shore Rd. NPD plans to expand the company's information technology center and develop a new entrance. The project is expected to be complete by September 2013.
DALLAS — Dallas-based KDC and Orlando, Fla.-based Estein & Associates USA have plans to develop a 400,000-square-foot, Class A office tower, located at the 75-acre Victory Park, a mixed-use center, in downtown Dallas. The 23-story property will feature eight floors of office space, 15 stories of parking, an upscale restaurant, a delicatessen and a fitness center. BOKA Powell will provide architectural services and design the property to achieve LEED certification. The office tower is slated for a late 2014 completion.
HOUSTON — Houston-based Highland Resources, Inc., has purchased the 100,875-square-foot 510 Bering, a six-story office tower located in Houston's San Felipe/Voss submarket. Highland was self-represented by Welden Johnston in the off-market transaction. David Schwarz and Tip Strickland of Grandbridge Real Estate Capital's Houston office represented the seller.