Office

CONSTRUCTION COMPLETE FOR 96,481-SQUARE-FOOT OFFICE BUILDING

by admin April 15, 2009

SAN DIEGO — Clem Abrams has completed the development of Abrams Westview Plaza, a 96,481-square-foot, Class A office building located along Interstate 15 in the Scripps Ranch area of San Diego. The three-story multi-tenant facility features tilt-up concrete wall panels, limestone tile accents, high performance glazing and an overhead glass canopy supported by cantilevered steel framing highlights. Additionally, the property offers a two-level, 69,000-square-foot parking structure. Bycor Construction served as general contractor for the project. Smith Consulting Architects provided architectural services. Tom Nicholas and Pat Rohan of Cushman & Wakefield are leasing agents for the property.

April 15, 2009

33,502-SQUARE-FOOT BUILD-TO-SUIT FACILITY FETCHES $5.1 MILLION

by admin April 15, 2009

PHOENIX — Orange, Calif.-based American Technologies has acquired a 33,502-square-foot build-to-suit facility at Parkside Business Center, which is located on the northeast corner of Parkside Lane and 23rd Avenue in Phoenix. Phoenix-based LGE Corp. sold the property for $5.1 million. Bill Bayless, Andrew Brigham and David Consani of CB Richard Ellis represented the buyer; Bob Kling of Lee & Associates Commercial Real Estate Services represented the seller in the transaction.

April 15, 2009

Office Southeast

PIZZUTI COS. TO DEVELOP KENNEDY SPACE CENTER OFFICE PARK

by admin April 14, 2009

ORLANDO, FLA. — The Orlando office of the The Pizzuti Cos. will begin site work later this year on the 315,000-square-foot Exploration Park, a 60-acre office park on the grounds of the Kennedy Space Center in Orlando. The project, a partnership between Space Florida and NASA, will feature office and lab space and high-bay facilities. A 25,000-square-foot office building, which can be expanded to 50,000 square feet, will be the first property constructed in the multi-phase project. Jones Edmunds & Associates will provide engineering work, O’Brien/Atkins Associates and HuntonBrady Architects will design the park and RUSH Construction will serve as the general contractor.

April 14, 2009

Office Southeast

132,000-SQUARE-FOOT OFFICE BUILDING CHANGES HANDS

by admin April 14, 2009

OAK RIDGE, TENN. — Heritage Center has sold a 132,000-square-foot office building to Cornelius, N.C.-based Manhattan Project, an affiliate of Fulcra Enterprises, for $2 million. The property, Building K1007, is located in the East Tennessee Technology Park in Oak Ridge. Building K1007 was built in 1960 and is currently leased to Bechtel Jacobs Co. The technology park encompasses seven buildings, four of which have been sold to Fulcra in an effort to release government-owned buildings to parties in the private sector. Maribel Koella and Matt Fentress of Knoxville, Tenn.-based NAI Knoxville brokered the sale.

April 14, 2009

Northeast Office

CLAREMONT CORPORATE CENTER ADVANCING

by admin April 14, 2009

SUMMIT, N.J. — Construction is advancing for Claremont Corporate Center, a 46,576-square-foot, Class A office building located at 535 Springfield Ave. in Summit. The project utilizes the existing Risk Mansion, a turn-of-the-century stone building, and adds a modern office component to it. The project will feature a two-story main lobby with a glass curtain wall and a 20-foot stone wall façade. The building also includes 98 underground parking spaces and 40 surface spaces. Claremont Realty Group has already signed a lease to occupy the first floor of the historic portion of the building. Completion of Claremont Corporate Center is scheduled for the third quarter. The owner is Greenock Capital Management. Jeffrey Heller and William McCaffrey of CB Richard Ellis are undertaking leasing of the property.

April 14, 2009

Northeast Office

GVA SMITH MACK NEGOTIATES 104,461-SQUARE-FOOT OFFICE LEASE

by admin April 14, 2009

PHILADELPHIA — GVA Smith Mack has negotiated the renewal and relocation of Fox Rothschild’s 104,461-square-foot lease at 2000 Market Street, a 29-story, Class A office building located in the central business district of Philadelphia. The law firm will move to the 19th through 21st floors of the building and will continue to occupy the 12th floor. The lease carries a 15-year term. Jim Mullarkey of GVA Smith Mack represented the building’s landlord, RREEF. Fox Rothschild was represented by Doug Simon and Jud Wambold of Tactix Real Estate Advisors.

April 14, 2009

Northeast Office

BIOSCIENCE COMPANY RENEWS 107,000-SQUARE-FOOT LEASE

by admin April 14, 2009

BEVERLY, MASS. — Life sciences firm Thermo Fisher Scientific has renewed its lease for more than 107,000 square feet of laboratory and office space at Cummings Center, located in Beverly. The company uses the space to develop and manufacture a wide range of water analysis instruments. Stephen Cook of Grubb & Ellis represented the tenant in lease negotiations. The landlord, Woburn, Mass.-based Cummings Properties LLC, was represented in-house by Steve Drohosky. Terms of the lease were not disclosed. The Cummings Center campus is home to more than 500 businesses, including Microsoft, Merrill Lynch, Goldman Sachs, Oxford Global Resources, Liz Claiborne, Wells Fargo, Hasbro, Bright Horizons and Garber Travel. Additionally, more than 30 life sciences occupy space within the campus, which features fitness centers, two full-service banks, daycare facilities, five restaurants, on-site bus service and a branch of North Shore Community College.

April 14, 2009

Office Western

DARIM VISION CORP. ACQUIRES OFFICE SPACE AT MONTEVINA

by admin April 14, 2009

LIVERMORE, CALIF. — Darim Vision Corp. has purchased a 3,600-square-foot freestanding office building in Montevina, a 250,000-square-foot Class A office and R&D complex in Livermore. Darim plans to move its United States-based headquarters to the new building. Located at 3110 Constitution Dr., the property sold for approximately $1.21 million $337 per square foot. John Hone of Cornish & Carey Commercial represented the buyer; Hone, Jim Peterson and Andrew Zink of Cornish & Carey Commercial represented the seller, ExTerra Realty Partners, in the transaction.

April 14, 2009

Midwest Office

SUMMIT COMPLETES RENOVATION OF NEW AFN HEADQUARTERS

by admin April 13, 2009

NILES, ILL. — Summit Design + Build has completed an extensive renovation and tenant build-out for the new corporate headquarters of AFN Transportation Management, located at 7230 N. Caldwell Ave. in Niles. The logistics company will be relocating from Deerfield, Ill., to an existing 38,932-square-foot office building. The renovated space features a front entrance with a glass atrium, private offices, conference rooms, a training room with tiered floors, an executive board room, a kitchen and a vending area. The project also included the construction of a workout facility with plasma-screen televisions, locker rooms, steams rooms and a shower area; an outside patio with a grilling area; an enclosed, heated parking garage, and a 200-space surface parking lot. Architectural services were provided by Cornerstone Architects.

April 13, 2009

Northeast Office

SHELDON GROSS BRINGS OCCUPANCY AT 80 MAIN STREET TO 95 PERCENT

by admin April 13, 2009

WEST ORANGE, N.J. — Sheldon Gross Realty have arranged five leases at 80 Main Street, a five-story, Class A office building located in West Orange. These most recent lease brings occupancy in the 102,000-square-foot office building to more than 95 percent. Law firm Eschen, Frenkel, Weisman and Gordon LLP expanded its existing lease at the property to 7,700 square feet. Law firm Sachs Maitlin renewed its lease for 6,000 square feet. Sheldon Gross Realty itself renewed its lease for 3,430 square feet within the building. Accounting firm Aberbach Zolin & Co. signed a new lease for 2,000 square feet. Finally, law firm Mescall & Acosta expanded its existing lease to 1,200 square feet. Neil Gewirtzman and Barbara Gross of Sheldon Gross Realty are the exclusive leasing agents for the property.

April 13, 2009

Newer Posts

Older Posts

Upcoming Events

Aug
06