SAN FRANCISCO — Grubb & Ellis has represented Sierra Maestra Properties in its acquisition of 54,225 square feet of office space at 153 Kearny Street in downtown San Francisco. The purchase price for the five floors of space plus a mezzanine floor was not disclosed. Grubb & Ellis’ Daniel Cressman, Michael Taquino and Kyle Kovac represented the San Francisco-based buyer in the transaction; Amalgamated Bank of New York was the seller.
MIAMI — Sungard iWorks has sold a 54,000-square-foot office building to 2000 South Dixie Highway LLC for $4.92 million. Located at 2000 S. Dixie Highway in Miami, the property is 65 percent occupied; the seller will continue to occupy 35 percent of the building. John Crotty and David Metalonis of Colliers Abood Wood-Fay represented the seller. Holly Sime Realty's Scott Sime represented the buyer.
NEWTON, MASS. — R.W. Holmes Realty represented the tenant in the lease of office, R&D and production space in Newton. Sloan Valve Co. has inked a deal for an 18,000-square-foot property at 55 Border St. The company manufactures water-efficient solutions. Garry Holmes of R.W. Holmes Realty brokered the transaction on behalf of the tenant and the landlord, Border Realty Trust. Lease terms were not released.
NEW HAVEN, CONN. — Prometheus Research has signed a long-term lease for 11,720 square feet of office space at 55 Church Street in New Haven. The software and research informatics services company will occupy an entire floor at the property. The company provides clients with database services with a focus on biomedical and scientific research. Robert Adnopoz of Colliers Dow and Condon’s New Haven office represented the tenant. Ted Schaffer of Press/Cuozzo Commercial Services represented the landlord, 55 Church Street, a joint venture between The Rose Smart Growth Investment Fund I and Hurley 45-55 Church Street, an affiliate of The Hurley Group. Terms of the lease were not disclosed.
TAMPA, FLA. — Winston-Salem, N.C.-based BB&T has committed to leasing 51,000 square feet of space from Sterling American Property in its Park Tower office building after acquiring the asset holdings of Colonial Bank. The $11 million lease carries a 10-year term. BB&T will occupy more than three floors of office space and the first floor of retail space in the 36-story property, which is located at 400 N. Tampa St. in Tampa. Park Tower tenants include E Solutions Corp., Lykes Industries and a Tampa Bay Rays ticket office. Colliers Arnold's Claire Calzon represented the landlord. Anne-Marie Ayres of CB Richard Ellis represented BB&T.
WINTER PARK, FLA. — Children's Home Society of Florida has renewed a 26,515-square-foot lease with an undisclosed landlord in Winter Park. The property is located at 1265 S. Semoran Blvd. Elliott Jamison and Robbie McEwan of Realty Capital represented the landlord.
NEW HAVEN, CONN. — The law firm Kennedy Johnson D’Elia & Gillooly has signed a lease for 7,000 square feet of office space at 555 Long Wharf Drive in New Haven. Terms of the lease transaction were not disclosed. Joel Nesson of Press/Cuozzo Commercial Services represented the tenant in the transaction. The landlord is the Fusco Family.
DURHAM, N.C. — BPG Properties has sold a 106,000-square-foot, two-building office property to Summit Church for $9.5 million. The property is located on 23 acres at 2335 and 2415 Presidential Drive in Durham. Until now, the church has been leasing the 46,000-square-foot building at 2335 Presidential Drive. Pickett-Sprouse Real Estate's Vernon Averett represented Summit Church in the transaction.
CANTON, GA. — Aurelius Holdings and Highridge Partners have completed the $5.5 million 151 Main office property. The 24,000-square-foot facility is located at 151 W. Main St. in Canton. Mark Robillard Architects designed the space, which will be ready for occupancy this summer.
GAITHERSBURG, MD. — Hughes Network Systems has renewed its 77,199-square-foot lease with TA Associates Realty at 100 Lakeforest Blvd. in Gaithersburg. Hughes has leased space in the building for 24 years. The current lease extends the tenant's stay for another 7 years. McShea & Co.'s Bob Dickman, Bob Wrightson and Brian McCarthy represented the landlord.