HOUSTON — Six office leases for a total of 146,987 square feet have recently been completed at Sage Plaza, a 519,966-square-foot, Class A office development located at 5151 San Felipe St. in Houston's Galleria/Uptown area. Bonnie Kelley of CB Richard Ellis (CBRE) represented the landlord, a fund managed by BlackRock, in all six transactions. Meanwhile, Rich Pancioli of CBRE represented Columbia Gas Transmissions in its 55,500-square-foot lease; Dan Foster of Jones Lang LaSalle (JLL) represented Science Applications in its 41,132-square-foot lease; David Bale of JLL represented OTC Global in its 21,150-square-foot lease; Chris Lewis of Griffin Partners represented Higginbotham Insurance Agency in its 20,841-square-foot lease; Steve Beigel of Studley represented Black & Veatch Corp. in its 6,255-square-foot lease; and Justin Leighton of Studley represented Global Ground Transport in its 2,109-square-foot lease.
Office
FRANKLIN, TENN. — Marcus & Millichap has arranged the $23 million sale of a two-building office building portfolio totaling 133,200 square feet, located at 1009 and 1021 Windcross Ct. in Franklin. Joseph Massa of the firm's Nashville, Tenn., office represented the seller, a local real estate partnership, and Drew Babcock and Scott Taylor of the firm's Columbia, S.C., office represented the buyer, Orlando, Fla.-based Windcross Realty.
PHOENIX — Cassidy Turley BRE Commercial has sold a 41,248-square-foot office building in Phoenix for $3.63 million. The buyer, Shea & Tatum LLC, is the parent company of Premier Hospice and Palliative Care. It plans to occupy about 5,000 square feet inside the building, bringing the property's total occupancy to 100 percent. The seller was JPMCC 2005-LDP2 Offices at 4530 LLC. This company was formed by US Bank as a trustee for the registered holders J.P. Morgan Chase Commercial Mortgage. JPMCC was represented by Cassidy Turley's Eric Wichterman, Mike Coover and Gordon Raguse. KW Commercial's Chad Dearmore represented Shea & Tatum.
FORT LAUDERDALE, FLA. — Colliers International has arranged the sale of a 25,000-square-foot office building, located at 2727 W. Cypress Creek Rd. in Ford Lauderdale, for $2 million to Camelot Properties of Florida. Robert Listokin and Sal Bonsignore of Colliers International's Fort Lauderdale office represented the seller, the Miller Family, and Iris Riley of Fort Lauderdale-based Trans State Commercial Realty represented the buyer.
BURLINGTON, MASS. — NAI Hunneman has completed a 58,000-square-foot lease at One Van de Graaff Drive in Burlington on behalf of inVentiv Health. Evan Gallagher of Boston-based NAI Hunneman represented the tenant and Dan Campbell of R.M. Bradley's Boston office represented the landlord, Mass Mutual.
NEWPORT BEACH, CALIF. — Voit Real Estate Services has sold an 11,684-square-foot office building in Newport Beach for $3,975,000 million. The buyer, whose name was not disclosed, plans to occupy the building. The property is located at 20062 Birch St. Carter Harrington and Steve Lane from Voit's Irvine office represented the seller, IT Construction, LLC. Michael Hartel, also of Voit's Irvine office, represented the buyer.
TUCKER, GA. — Levin Properties, Inc. has acquired Crescent Centre at Northlake, a 12-story Class A office building with an adjacent parking deck and lake at 100 Crescent Centre Pkwy. in Tucker, from LaSalle for $20.75 million. The 247,040-square-foot building was built in 1986 and renovated in 2006. Located near Northlake Mall, the office building will be managed by Resource Real Estate Partners and leased by Alta Properties Group. Tom Shafer and John Hinson of Resource Real Estate Partners represented LaSalle.
RICHMOND, VA. — Marcus & Millichap has arranged a $9.3 million loan for Vistas at Brookfield and Holland Place in Richmond, two office buildings totaling 152,000 square feet. The 10-year loan has a 30-year amortization schedule. Gerald Kray of the firm's Manhattan office arranged the financing through an investment bank.
NORTH PORT, FLA. — The 45,000-square-foot North Point Commons, a retail and office center located at 14800 S. Tamiami Trail in North Port, has sold to New York-based North Port, LLC, an affiliate of Saber Real Estate Advisors, for $2.1 million. North Port Commons LLC was the seller. Fort Myers, Fla.-based LandQwest has been retained to lease the property.
ORLANDO, FLA. — The General Services Administration (GSA) has signed a 10-year, 65,044-square-foot lease renewal at the 300,000-square-foot Research Commons, located at 12249 Science Dr. in Orlando, valued at more than $19 million. Tiffany Zullo of Orlando-based Tower Realty Partners represented the landlord, a joint venture between DRA Advisors and Tower Realty Partners. The tenant was self-represented by Jamie Thompson.