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.
ATLANTA — Morris, Manning & Martin law firm has negotiated taking the top six floors, totaling approximately 140,000 square feet, of the Campanile Building in Atlanta. The company will move its headquarters from the Atlanta Financial Center where it currently leases 114,000 square feet. The landlord of the building is Dewberry Capital. Jones Lang LaSalle represented the tenant in the transaction.
WASHINGTON, D.C. — Cassidy Turley has arranged $13.5 million in debt financing for the 74,234-square-foot, Class A office building located at 1111 18th Street in Washington, D.C. The property is 100 percent leased to the GSA. Phil Mudd and Christian Miles of Cassidy Turley's Washington, D.C. office procured the loan from a life insurance company on behalf of the owner, Jack I. Bender & Sons, a partnership affiliated with principals of Blake Real Estate. Steve Lustgarten of Blake Real Estate represented the partnership in loan negotiations.
LENEXA, KAN. — Meritex has signed three leases, totaling 147,120 square feet of space, at Meritex Lenexa Executive Park, an underground multi-tenant office/warehouse facility in Lenexa. Bryne Custom Woodworking renewed its 15,000-square-foot lease; Ink Cycle renewed its lease of 107,120 square feet; and Service Pak signed a new 25,000-square-foot lease. No brokers were involved in the transactions.
STAMFORD, CONN. — CB Richard Ellis (CBRE) has brokered the sale of One Dock Street, an 85,723-square-foot office building located in Stamford, for $15.8 million. The building was 87 percent leased at the time of the closing. The property is situated at the entrance to the new Harbor Point project that is under development. The CBRE team of Jeffrey Dunne, Steven Bardsley and David Gavin represented the seller, Antares One Dock LP. The team also procured the buyer, a joint venture between Meritage Properties and ClearRock Properties.
JERSEY CITY, N.J. — Merrill Lynch, now a division of Bank of America, has renewed its office lease at 95 Greene St. in Jersey City. The financial institution occupies all of the eight-story, 300,000-square-foot building. The building's landlord, SJP Properties, is currently pursuiing LEED for Existing Buildings certification for it.
GOLETA, CALIF. – Hayes Commercial Group has leased 98,828 square feet of office and warehouse space to Network Hardware Resale. The company’s 41,228-square-foot headquarters will be located at 6500 Hollister Ave. The 57,600 square feet of industrial space will be located at 80 Coromar Drive. Network Hardware Resale specializes in computer network hardware. Having recently grown to a more than $200-million operation, the company felt in needed more space on the South Coast.
NAPA, CALIF. – Seavest Healthcare Properties has purchased two medical office buildings through a trust servicer, who had foreclosed on both properties in early 2010. Located at 1100 Trancas St., this two-building, 65,000-square-foot complex is adjacent to Queen of the Valley Medical Center, Napa’s only acute care hospital. This is Seavest’s fourth California-based acquisition in the past few months. The healthcare real estate fund is based out of White Plains, New York.