FRISCO — Wells Core Office Income REIT has acquired Duke Bridges I and II, two Class A office buildings in Frisco that are fully leased to T-Mobile West Corp. and EFA Processing. Built in 2006, the buildings contain 284,198 square feet and are located on Warren Parkway. Norcross, Ga.-based Wells was represented internally by Keith Willby.
ASHEVILLE, N.C. — A local investment group has purchased the 57,000-square-foot Biltmore School Building, located on Hendersonville Road in Asheville, to restore the structure and create professional office space. Rick Grant of Asheville-based Beverly-Grant is leading the development team and Alan McGuinn of CJMW Architecture's Asheville office will oversee the project, which will include restoring the facade with original design elements and upgrading major systems including plumbing, electrical and high-efficiency HVAC. The total expected cost is $12 million.
EAST WINDSOR, N.J. — GHP Office Realty has sold the 66,000-square-foot 104 Windsor Center, located in East Windsor, N.J., on behalf of the seller, a group of private investors. Thomas Romano of Newmark Knight Frank's Princeton, N.J., office represented the buyer, a New York City-based private investor who owns several other Princeton area properties.
MANCHESTER, N.H. — Danais Realty Group has purchased the 12-lot, 126-acre Phase I of the Northwest Business Park at Hackett Hill from the City of Manchester for $2.8 million. Danais plans to build up to 1.2 million square feet of office, R&D, manufacturing, warehouse and distribution space on the currently undeveloped site. CB Richard Ellis is the listing agent for the Northwest Business Park.
DENVER — Jones Lang LaSalle has leased 17,000 square feet of Class A office space at Republic Plaza to Unicom Capital. The investment management firm is a current resident of the 56-story office tower, and will expand its occupancy by 7,000 square feet. Peter Schippits, senior vice president at Jones Lang LaSalle, represented the landlord, Brookfield Office Properties, in the lease transaction. Scott Mueller, vice president of Unicom, and Phillip Larson of Larson Bushell, represented Unicom Capital.
PLANTATION, FLA. — CB Richard Ellis Capital Markets arranged the sale of the 135,819-square-foot office building Southpointe I, located at 7850 SW 6th Ct. in Plantation, to Government Properties Income Trust for $40.75 million. Christian Lee, Charles Foschini and Christopher Apone of CBRE's Miami office marketed the property on behalf of the seller, Federal Partners.
CHICAGO — Bankers Life & Casualty Insurance Co., a wholly owned subsidiary of CNO Financial Group, has signed a 134,724-square-foot lease at 111 E. Wacker Drive in Chicago's East Loop. The tenant will occupy four floors of the 32-story tower for an 11.5-year term. Bankers L&C will relocate from 600 West Chicago to the new space next February. Brian Whiting and Jack McKinney, Jr., of J.F. McKinney & Associates represented the landlord, Parkway Properties, in lease negotiations. Lisa Konieczka of CB Richard Ellis represented Bankers L&C. Criag McKesson of Jones Lang LaSalle helped arrange the early termination of the lease for the space's current tenant, Health Care Service Corp.
FISHERS, IND. — AHEPA National Housing Corp., a nonprofit developer of affordable senior housing, has held the ribbon cutting for its new corporate headquarters. The developer and its subsidiary, AHEPA Management Co., have relocated to the 6,000-square-foot building, which is located within the Prairie View at Crosspoint office park at 10706 Sky Prairie St., from space it had previously been leasing on Shadeland Ave. in Indianapolis. The general contractor for the project was Quinn Construction, and the construction manager was R.A. Dine Co.
LIVINGSTON — Cadence McShane Construction Co. has completed the 50,793-square-foot build-to-suit office headquarters for Sam Houston Electric Cooperative, Inc. The new single-story office building is located at 1157 E. Church St. in Livingston. Sam Houston Electric Cooperative provides electricity to areas of East Texas and ranks as one of the largest of the 65 electric cooperatives in Texas, maintaining 6,000 miles of power lines and serving more than 51,000 members.
FRISCO — AmerisourceBergen Specialty Group (ABSG), a provider of specialty pharmaceutical services, has signed a new full-floor lease for an additional 30,222 square feet at 3200 Internet Blvd. in Frisco, expanding its group headquarters at Hall Office Park. ABSG now fully occupies 3200 Internet Blvd. and 3101 Gaylord Pkwy., two of the 15 buildings within Hall Office Park. ABSG signed its first lease at the office park for 213,672 square feet in 2007, taking all of 3101 Gaylord Pkwy. and two floors at 3200 Internet Blvd. In 2008, the company added 18,308 square feet at 3200 Internet Blvd. Kim Butler and Tammy Lomonaco of Hall Financial Group handled negotiations on behalf of Hall Financial Group, the owner and landlord. Meanwhile, Randy Garrett of Transwestern's Dallas office and Dan Knudson of Newport Beach, Calif.-based DAUM Commercial Real Estate Services represented ABSG.