LOMIRA, WIS. — Badger Lomira LLC has purchased 55,826 square feet of space for an undisclosed price. The property is located at 990 Richard St. in Lomira. Curt Pitzen and Jon Packee of NAI MLG Commercial represented the seller, R.E. Phelon Co., in the transaction.
BROOKFIELD, WIS. — 3MG Future Investments has acquired a 33,145-square-foot office building, which is located at 165 Bishops Way in Brookfield. The property sold for $1.63 million. The seller was not disclosed. Joe Lak and Mike Wanezek of Inland Cos. brokered the transaction.
SUFFOLK, VA. — Harbour View Medical Arts I has sold the 49,000-square-foot Harbour View Medical Arts office building to Health Care REIT for $12.5 million. The property is located at 5838 Harbour View Blvd. in Suffolk. Thalhimer's Casey J. O'Hearn and Rik King, II, brokered the sale.
MIAMI — Barclays has signed a $9 million lease with Testa Immuebles en Renta S.A. at the Mellon Financial Center in Miami. The banking firm will continue to lease 24,153 square feet of space for its Latin American Regional Office for the next 10 years. Flagler Real Estate Services' Jack Lowell and Adriana Jimenez represented the landlord. The 30-story Mellon Financial Center is located at 1111 Brickell Ave.
SCHILLER PARK AND BURR RIDGE, ILL. — Krusinski Construction Co. is building out a 13,000-square-foot space for the Government Services Administration (GSA), which is a tenant at 5100 N. River Road in Schiller Park. Additionally, Krusinski recently completed a 37,000-square-foot build-out project for GSA in the same building, which is owned by RREEF. Reitan Architects provided architectural services for both projects. In Burr Ridge, the company is fast-tracking an interior renovation project for Quinlan & Fabish Music Co. The project includes a 5,000-square-foot office expansion to the existing 54,000-square-foot building. The new space will include an instrument repair space with speciality work stations and an ultrasonic room. Ware Malcomb is providing architectural services for the project.
BAY CITY, MICH. — Hoty Builders has completed the construction of a 7,980-square-foot office building in Bay City. The property, which is located at 1115 Washington St., is owned by Bay City GSA Properties. The facility is leased to the U.S. General Services Administration and houses the Social Security Administration. Additional details of the project were not disclosed.
WASHINGTON, D.C. — The Washington Department of Health has signed a 150,000-square-foot lease with CIM Group for office space at Union Square, which is located at 899 N. Capitol St. in Washington's NoMa neighborhood. Renovations are currently under way at the property, which consists of two nine-story buildings. The buildings were designed to LEED Silver standards and are connected by a common central plaza.
TOLEDO, OHIO — Toledo-based Bostwick Braun has acquired a 19,000-square-foot, build-to-suit office property in Toledo. Located at 7349 Crossleigh Court – Lot 6, the property sold for $2.5 million. CB Richard Ellis|Reichle Klein’s Dean Skillman represented the buyer; the seller, Toledo-based RL West Properties, represented itself in the transaction.
HOPKINTON, MASS. — Colliers Meredith & Grew has arranged an $8.5 million loan for the refinancing of an office/R&D portfolio located in Hopkinton. The portfolio comprises four buildings located at 97, 99, 103-105 and 107-109 South St. Its 173,917 square feet of space is fully leased, with pharmaceutical company Lonza Hopkinton occupying a majority of it. The loan carries an 8-year term and a fixed interest rate. Genworth Financial was the borrower and Southfield Properties I, II and III LLC was the borrower. John Broderick of Colliers' Capital Market Group facilitated the transaction.
MCKINNEY, TEXAS — KDC will develop and market the 160-acre corporate district of the 250-acre Craig Ranch employment district. Valued at $364 million, the corporate district is located on State Highway 121 near the North Texas Tollway in McKinney. The firm is targeting tenants looking for a build-to-suit space for either new corporate headquarters or a relocation. Craig Ranch also contains a 90-acre medical district; 45 percent of that space has already been reserved by The Cooper Fitness Center & Spa, Cooper Clinic, The Hospital at Craig Ranch and Tuscarora.