DORAL, FLA. — Miami-based Amadeus North America has selected Stiles Construction for its $5 million, 105,000-square-foot build-out for its new headquarters, located at 3470 Northwest 82nd Ave. in Doral. Stiles will build-out the majority of the corporate space, which will be geared toward functionality and hurricane storm protection.
LAKE MARY, FLA. — CRM Florida Properties has sold the 48,662-square-foot office building, located at 1097 Sand Pond Rd. in Lake Mary, to Meritas for $3 million. Greg Morrison, Damien Madsen and Lisa Bailey of Orlando, Fla.-based Morrison Commercial Real Estate represented the seller. Miguel de Arcos of Sperry Van Ness' Lake Mary office represented the buyer, who plans to convert the building into a dormitory for Lake Mary Preparatory School.
WOODLAWN, MD. — Lockheed Martin Corp. has renewed its 41,580-square-foot lease of office space in the Michael Building, located at 1506 Woodlawn Dr. in Woodlawn. Richard Blue, Jr., Paul Obrecht and Krager Sanders of Timonium, Md.-based Blue & Obrecht Realty represented the landlord, Colony Realty Partners, and Stuart Rienhoff of Jones Lang LaSalle's Baltimore office represented the tenant.
KANSAS CITY, MO. — Overland Park, Kan.-based Haith & Co. has brokered the sale of an 84,273-square-foot office building located at 7501 NW Tiffany Springs Pkwy. in Kansas City, less than three miles from Kansas City International Airport. The buyer was KC Residence LLC and the seller was Charford Inc. Zac Haith of Haith & Co. represented the seller and was tapped to lease the property by the buyer. The acquisition price was not released but the property traded for 25 percent of new construction costs.
BOSTON — Boston-based Synergy Investment & Development has sold the 50,673-square-foot Church Green Building, located at 101 Summer St. in Boston, to a Synergy/Independencia joint venture for $11.5 million. Bill Crean, Kevin Kennedy and Andrea Matteson of CB Richard Ellis' Boston office arranged the repositioning.
HOUSTON — HFF has closed the sale of and arranged financing for 4600 Highway 6 North, a three-story, 53,037-square-foot office building in northwest Houston. HFF marketed the property on behalf of the seller, the Brookfield Real Estate Opportunity Fund, a division of Brookfield Asset Management. Rockwell Management Corp. represented the buyer. Renovated in 2007, the complex is 82 percent leased to tenants including JPMorgan Chase and the Attorney General's office. HFF arranged the acquisition financing through ViewPoint Bank.
DALLAS — Bradford Commercial Real Estate Services has been chosen by Younan Properties Inc. to market the 12-story, 187,644-square-foot Galleria Plaza at 4851 LBJ Freeway in Dallas. Galleria Plaza's lead tenant is Benefit Mall, which occupies two floors totaling 37,691 square feet. Sharon Friedberg and Melanie Hughes of Bradford are tasked with leasing the office property that is currently 72 percent occupied. Friedberg and Hughes also lease Younan's NCP III at 12801 N. Central Expressway and 9400 NCX.
VIRGINIA BEACH, VA. — The four-story, 77,622-square-foot Windwood Centre, a Class A office building located at 780 Lynnhaven Pkwy. in Virginia Beach, has sold for $8.45 million. Jason Oliver and Alexander Divaris of Viginia Beach-based Divaris Real Estate's Investment Sales Group represented the seller, Centralia Associates, a Berman Kappler Properties partnership. The buyer was Virginia-based Continental Capital Management.
SCHAUMBURG, ILL. — Deerfield, Ill.-based Janko Group has purchased Parkway Corporate Place in an off-market deal. The property consists of three single-story office buildings totaling 161,000 square feet. Tenants at the 58 percent leased property include ITW, Samsung, Career Education Corp. and Group Administrators. Janko has tapped the CB Richard Ellis team of Rob Graham and Dan Bessey to lease the property. The seller and purchase price were not released. This latest deal is one of three recent transactions completed by Janko in the Chicagoland market. The company purchased the note for an office building in Vernon Hills and acquired the former Holiday Inn Select in Naperville. It already owns Remington Business Center in Schaumburg as well as 850 and 900 Arlington Heights Road in Itasca.
BUFFALO GROVE, ILL. — NorthMarq Capital has secured $15 million in first-mortgage financing for a five-story, 132,581-square-foot office building located at 485 Half Day Road in Buffalo Grove. Constructed in 2001 by the borrower, Millbrook IV LLC, the Class A property is occupied by Walgreens, Production Services and Ambius. The loan carries a 10-year term and a 25-year amortization schedule. Jeff Cherner of NorthMarq's Chicago office arranged the loan between Millbrook and the lender, Advantus Capital Management.