SAN ANTONIO — A partnership between Urdang Value-Added Fund and Griffin Partners has sold two office buildings totaling 325,000 square feet to Segundo Navarro Office for an undisclosed price. The 194,399-square-foot Union Square I and the 131,186-square-foot Union Square II are located near the airport in San Antonio. The buildings have a combined occupancy of close to 95 percent. CB Richard Ellis' Todd Mills represented the sellers.
PLANTATION, FLA. — The Chrysalis Center has purchased the two-story Bank of America office building from BB Plantation for $2.7 million in a 1031 exchange. The property is located at 3800 W. Broward Blvd. in Plantation. Chrysalis will occupy the second floor, and Bank of America will continue to operate from the first floor. Paul White, Isabel Fine and Miguel Salvat of Keller Williams Commercial represented the buyer. Southeast Properties' Laurie David-Roe represented the seller.
WASHINGTON, D.C. — Skanska USA will break ground this month on the partially completed, Class A office building at 1015 Half St. in Washington. Completion is expected in December. Washington Design Group served as architect on the LEED-Silver project, which is being developed by Douglas Wilson Cos. and is being built to the General Services Administration's construction standards.
FRASER, MICH. — HOPE Center of Macomb has inked a deal to lease a facility in Fraser. Located at 33222 Groesbeck Highway, the property offers 27,148 square feet. Jason Capitani and Chris Steele of L. Mason Capitani brokered the transaction by representing the tenant and the landlord, Groesbeck Development Group. Terms of the lease were not released.
JACKSONVILLE, FLA. — Vistakon has signed a 77,157-square-foot lease renewal with Eola Capital for space in Capital Plaza at Deerwood Park. The office building is located at 10301 Deerwood Park Blvd. in Jacksonville. Grubb & Ellis|Phoenix Realty Group's Jim Sebesta represented the tenant. Michael Loftin served as in-house representation for Eola Capital.
TAMPA, FLA. — Tampa-based Allee Holdings has sold an 11,858-square-foot office building to Tradition Properties Armenia for $1.55 million. The property is located at 111 S. Armenia Ave. in Tampa. Grubb & Ellis|Commercial Florida's Richard Andretta and Rob Turner represented the seller.
FARMERS BRANCH, TEXAS — Illinois-based Lawson Products has sold a 54,000-square-foot office/warehouse building to a private buyer for an undisclosed price. The property is located at 4335 N. Beltwood Parkway in Farmers Brach. Tony Gilbert of Capital Property Advisors represented the buyer. Ric Kanatzar and Adam Petrillo of Studley represented the seller.
FOUNTAIN HILLS, ARIZ. — Cassidy Turley BRE Commercial has completed the $3.1 million sale of a 42,126-square-foot Class B office building at Red Rock Business Center, located at 17100 E. Shea Blvd. and 9624 N Monterey Road in Fountain Hills. Lincoln, Neb.-based BRM Arizona LLC purchased the 50 percent-leased building from CTF5-Firerock LLC. Cassidy Turley’s Eric Wichterman and Mike Coover represented both the buyer and seller in the transaction.
ORLANDO, FLA. — Bodek and Rhodes, an activewear wholesaler, has signed a 140,015-square-foot lease renewal with Duke Realty Corp. for space in the Parksouth Distribution Center. The property, Parksouth B, is located at 2500 Principal Row in Orlando. Tim Perry served as in-house representation for Duke.
SANDUSKY, OHIO — Hoty Builders has completed the construction of an 8,200-square-foot office building in Sandusky. Located at 252 Wayne St., the property is leased to the United States General Services Administration and occupied by the Social Securities Administration (SSA).