TAMPA, FLA. — Robert Hernandez of NorthMarq Capital's Tampa office arranged $3.75 million in first-mortgage financing through its relationship with Thrivent Financial for Lutherans for the 90,214-square-foot Kennedy Square, located at 4950 W. Kennedy Blvd. in Tampa, on behalf of Kennedy Square Investors. Tenants include GSA, Wachovia, Barbizon Modeling and National Louis University. Financing was based on a 10-year term with a 10-year amortization schedule.
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QUINCY, MASS. — Cushman & Wakefield's Sonnenblick Goldman (CWSG) has arranged a 5-year, fixed-rate, $13 million mortgage in support of Synergy Investment & Development's $25 million acquisition of 200 Newport Ave. in Quincy from ING Clarion Partners. The loan was provided by Principal Global Investors through its subsidiary Principal Life Insurance Co.
SALT LAKE CITY — CB Richard Ellis’ Salt Lake City office has sold two office buildings in Utah County. The 60,000-square-foot Thai Properties was sold to Reynolds Construction for $9.2 million. CBRE’sKreg Peterson, Eli Mills and Tucker White represented the seller, Thai Properties, LLC. James Mecham, an office specialist with CBRE, represented Reynolds Construction. The 81,000-square-foot Canyon River Center was sold to Ace Real Estate Ventures for an undisclosed amount. Mills and White represented the seller, Florida-based LNR Property. Laurie Adair, an office specialist with CBRE, represented Ace Real Estate Ventures. Both office buildings were paid for in cash. Thai Properties is located in Lehi, while Canyon River Center is in Provo.
FRANKLIN, TENN. — Marcus & Millichap has brokered the $23 million sale of a two-buildling office portfolio totaling 133,200 square feet, located at 1009 and 1021 Windcross Ct. in Franklin. Both buildings are currently 100 percent leased to United Healthcare. Joseph Massa of Marcus & Millichap's Nashville, Tenn., office represented the seller, a local real estate partnership managed by Preston Ingram. Drew Babcock and Scott Taylor of Marcus & Millichap's Columbia, S.C., office represented the buyer, Orlando-based Windcross Realty.
SALEM, N.H. — Needham, Mass.-based Equity Industrial Partners has selected Integrated Builders for a fit-out contract totaling 100,000 square feet of commercial space, located at 9 Northeastern Blvd. in Salem, a 660,000-square-foot warehouse/light manufacturing facility. Integrated Builders will provide fit-outs for 74,000 square feet of warehouse and 26,000 square feet of office space for nora systems. The McKenna Group Ltd. is the project architect.
QUINCY, MASS. — Clarion Partners recently sold the 145,752-square-foot, Class A office building Josiah Quincy Building, located at 200 Newport Ave. in Quincy, for $25 million. The eight-story building features a two-story atrium lobby and flexible 22,000-square-foot floor plates. Robert Griffin, Jr., Edward Maher, Jr., David Pergola and Brian Doherty of Cushman & Wakefield's Boston office represented the seller and procured the buyer, an affiliate of Boston-based Synergy.
GREENWICH, CT. — Freepoint Commodities has signed a lease for 23,160 square feet of space at the 425,000-square-foot Greenwich Office Park, a Class A property located in Greenwich. The location will serve as its corporate headquarters. David Block and Michael Siegel of CB Richard Ellis' Stamford, Ct., office represented the asset manager, ING Clarion Partners. Eric Goldschmidt of Scarsdale, N.Y.-based Goldschmidt & Associates represented Freepoint Commodities.
SACRAMENTO, CALIF. — Colliers International has assisted private investment group West Taron Holdings with the purchase of the former AAA Cal Center for about $7.1 million. The 108,780-square-foot building was built in 2001 and resides at 9700 West Taron Drive. Collier’s Heath E. Charamuga, Erik Neese, and Ben Praterrepresented the buyer, which is a long-time client of the firm’s Sacramento office. Jones Lang LaSallerepresented the seller, AAA.
BETHESDA, MD. — Reznick Group has signed a 105,000-square-foot lease to move its headquarters to 7501 Wisconsin Ave. in Bethesda. Glenn Meltzer of Bethesda-based The Ezra Company represented the tenant in the transaction. The building is also owned by the firm's current landlord, B.F. Saul. The location offers expansion rights to accommodate future growth on contiguous floors.
DUBLIN, OHIO — A 45,000-square-foot, Class A office building located at 6397 Emerald Pkwy. in Dublin has been sold. Andrew Jameson and Daniel Dunsmoor of Colliers International's Columbus, Ohio, office represented the buyer, Trinity Holdings Group. The seller was Duke Realty. Jameson and Dunsmoor will also lease the property.