SUNNYVALE, CALIF. — Financial Engines has leased 80,995 square feet of office space at Moffett Towers in Sunnyvale. The firm, which provides investment management and advice to employees in retirement plans, will utilize this space for its headquarters starting in June 2012 after tenant improvements have been completed. It currently occupies 50,000 square feet at 1804 Embarcadero Road in Palo Alto. Financial Engines was represented by David Thede, Jack Troedson and Ben Stern of Cornish & Carey Commercial Newmark Knight Frank. Jay Paul Company’s Moffett Towers was represented by Phil Mahoney, also of Cornish & Carey, who handles the property’s leasing efforts.
MONTEREY, CALIF. – The new 20,000-square-foot student services center has opened at Monterey Peninsula College in Monterey. The adaptable building houses the college’s financial aid, developmental disabilities support, registration and academic offices, which were previously scattered throughout the campus. The sustainable student services center was designed by HGA Architects & Engineers and built by Swinerton Builders.
MINNEAPOLIS — WNC & Associates has provided $8.3 million in financing to United Properties for the acquisition and renovation of the Ford Center in Minneapolis. Located at 429 N. Fifth St., the project is slated to deliver more than 270,000 square feet of office space. When complete, the building will serve as the national headquarters of HGA Architects and Olson Advertising. The firms will occupy a combined 215,000 square feet.
OLD WESTBURY, N.Y. —Stalco Construction has completed the $1.2 million construction of a 4,200-square-foot bursar office, waiting lobby and 2,600-square-foot financial aid office at the State University of New York's The College at Old Westbury campus in Old Westbury. Stalco served as general contractor and Kliment Halsband Architects designed the interiors.
MCALLEN — LNR Partners has sold a 24,708-square-foot office building, located in the Executive Business Center at 801 E. Fern Ave. in McAllen. Rob Chandler of Houston-based Moody Rambin Investment Services represented the seller in the transaction.
CAMBRIDGE — New Boston Fund, a commercial real estate investment and management firm, has sold a two-story office property at 70 Fawcett St. in Cambridge for a reported $13.6 million. New Boston Fund and Cabot, Cabot & Forbes negotiated the sale on behalf of the buyer, O'Connor Capital Properties. O'Connor plans to convert the property into a 429-unit residential community. The property currently houses a 141,000-square-foot office building.
GREENVILLE, S.C. — TD Bank has plans to undergo a $17.1 million renovation of its 300,000-square-foot corporate operations, located at 200 Carolina Point Pkwy. in Greenville. As a result, TD Bank will create more than 1,400 jobs in the next 3 to 5 years. The buildings are designed to achieve LEED Gold certification. Construction is slated to begin in early 2012.
CLEARWATER, FLA. — AmeriLife Group has signed a 70,706-square-foot lease at the 146,000-square-foot Prestige Place, a two-building office park located at 2600-2650 McCormick Dr. in Clearwater. Alan Feldshue and Melanie Jackson of Colliers International's Tampa Bay, Fla., office represented the tenant in the lease transaction. Hans Kaunath and Judy Healey of Tampa, Fla.-based Ciminelli Real Estate Services of Florida represented CW Capital Asset Management, the landlord.
CRYSTAL LAKE, ILL. —Aptargroup, a leading supplier of clinical dispensing systems, has signed a 91,267-square-foot lease at 450 Congress Parkway in Crystal Lake. Dan Benassi and Dan Jones of Entre Commercial Realty's Schaumburg, Ill. office represented Aptargroup in the transaction. Tyler Hardy and Anne Arnold of Grubb & Ellis represented the landlord, Cobalt Capital Partners.
FAIRFIELD, N.J. — PPI Time Zone Inc., an electronic manufacturing services company, has signed a long-term, 30,000-square-foot office lease at 11 Madison Ave. in Fairfield. James Scancarella and Edward English of CresaPartners' New Jersey office represented PPI Time Zone in the transaction. Greg Sabato and Tom Consiglio of Resource Realty represented the landlord, The Richards and Robbins Group. PPI Time Zone plans to relocate its headquarters from its current location in Paterson, N.J.