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.
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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.
TULSA, OKLA. — CB Richard Ellis (CBRE) Capital Markets has arranged permanent financing in the amount of $85 million for Warren Place I & II, two Class A trophy assets totaling 959,928 square feet. Located at the southwest corner of 61st Street and Yale Avenue, the office building include tenants such as Linde Process Plants Inc., McKesson Corp., Petrohawk Energy Corp., Questar Corp., Semgroup LP, Apache Corp., DCP Midstream Partners, LP, and Trust Company of Oklahoma. Charles Foschini, Christian Lee, Christopher Apone and Gregory Greene of CBRE arranged financing through JP Morgan Chase Bank on behalf of Paramenter Realty Partners.
SAN DIEGO — A 10,650-square-foot office building will soon be reinvented as a retail center now that it has been sold to a couple who see potential for redevelopment. The office building is currently 96 percent leased. It sits on 0.9 acres and resides next to another building owned by the couple. The property is located at 6035 University Ave. The buyers were represented by Mark Caston and Rick Wu of Voit Real Estate Services’ San Diego office. The seller, Odom Family Trust, was represented by Tim Kerrigan of CB Richard Ellis.