POWAY, CALIF. — Cushman & Wakefield has brokered Thunderbird Resorts’ $1.6 million acquisition of a single-story, freestanding office/flex building located at 12255 Parkway Centre Dr. in Poway. The international provider of branded casino entertainment and hospitality services will relocate to its new 8,025-square-foot corporate headquarters in November. Cushman & Wakefield’s Mickey Morera and James Duncan represented both the buyer and the seller, San Diego Employers Association, in the transaction.
JACKSONVILLE, FLA. — Fortegra Financial has leased 58,000 square feet at Flagler's Deerwood South business park, which is located at 10151 Deerwood Park Blvd. in Jacksonville's Southside. Locally based Fortegra plans to relocate its corporate headquarters to the new property, which has a lease term of 11 years. Ross Carrier provided in-house representation for Flagler; Craig McCaw and Andy Davidson of MB Real Estate, along with Brad Chrischilles of CNL Commercial Real Estate, represented Fortegra Financial in the transaction. Terms of the lease were not disclosed.
NATICK, MASS. — Parsons Commercial Group has sold an office building in Natick to Waltham, Mass.-based Legacy Real Estate Ventures for $3.5 million. The two-story, 30,000-square-foot property is located at 11 Huron Drive. Locally-based Middlesex Bank provided acquisition financing.
HOUSTON — EnerVest, a Houston-based oil and gas company, has expanded by 36,721 square feet and renewed its headquarters lease for a total of 117,316 square feet in First City Tower, located at 1001 Fannin in downtown Houston. Chip Colvill and Michael Anderson of Colvill Office Properties represented the landlord, FC Tower Property Partners, an affiliate of JMB Realty of Chicago. Meanwhile, Tim Relyea of Cushman & Wakefield of Houston represented EnerVest. First City Tower is a 1.3 million-square-foot, 49-story office building bounded by Fannin, McKinney, San Jacinto and Lamar streets in Houston's central business district.
GRAND PRAIRIE — Bright Realty has been awarded the management and leasing assignment for the 102,000-square-foot National Health Insurance building located at 1901 N. Hwy. 360 in Grand Prairie. The six-story building will leased by Bright Realty's Tony Albanese.
CHESAPEAKE, VA. — Seacoast Electric Company has completed the disposition of 800 Seaboard Avenue in Chesapeake. The property offers 58,052 square feet of Class A office/warehouse space. The facility is currently leased to EIS Inc. dba Seacoast Electric Company. 800 LLC, a John Lee & Associates related partnership, acquired the property for $2.1 million.
WESTMINSTER, CALIF. — Marcus & Millichap has brokered the $3.215 million sale of an 18,960-square-foot office property located at 202 & 210 Hospital Circle in Westminster. The brokerage firm’s Pasha Darvishian represented the LLC seller in the transaction involving a private-investor buyer.
HOUSTON — Intertek Testing Services has signed two leases totaling 58,672 square feet in Houston. The company sublet 44,338 square feet of office space at Two Riverway, and Intertek Oil, Chemical and Agriculture Division leased 14,334 square feet of office space at 801 Travis St. Don Foster and Chad Beck of Jones Lang LaSalle represented the tenant in both transactions. Meanwhile, Scott Wegmann of Cushman & Wakefield and Justin Leighton of Studley represented the sub-landlord, CB&I, at Two Riverway office building.
SAN DIEGO — Lowe Enterprises has completed the $188.5 million first phase of the County Operations Center and Annex redevelopment located along Overland Avenue in the Kearny Mesa area of San Diego. Designed by RJC Architects, the first of three phases consists of two 150,000-square-foot, four-story, steel-frame office buildings and a seven-level, 1,800-space parking structure. Approximately 1,100 employees from nine county departments, including General Services, Library, Aging & Independence Services, Sheriff, Purchasing & Contracting, Public Works, Auditor, Environmental Health and Parks & Recreation, have begun to relocate to the new buildings. Construction of the project’s next phase is slated to begin in January 2011.
NEW YORK CITY — Non-profit organization International Planned Parenthood Federation – Western Hemisphere has acquired an office condo in Lower Manhattan from Empire State Development Corp. for $9 million. The condo, which totals approximately 26,000 square feet, comprises the entire ninth floor of 125 Maiden Lane, a 17-story, 350,000-square-foot office condo tower. The Colliers International team of Richard Warshauer, Robert Tunis and Eric Ferriello partnered with Gary Curry of Cornerstone Group to represent the seller. Suzanne Sunshine of S. Sunshine & Associates represented the buyer.