WILLIAMSBURG, VA. — Henry S. Branscome LLC has acquired a 20,000-square-foot office building from Wather-Thomas Family Development of New Town LLC for $2.41 million. The property is located at 5372 Discovery Park Blvd. in Williamsbug. Dawn Griggs of Thalhimer’s Newport News, Va., office brokered the sale.
NEW YORK CITY — The Kaufman Organization has brokered a 15,536-square-foot office lease at 1250 Broadway, a 39-story, 670,000-square-foot tower located in Manhattan, New York City. Gabriels Technology Solutions will occupy the fully built, Class A space for a 5-year term. The technology provider is relocating from a smaller office on Hudson Street. Michael Heaner and Daniel Kahn of Kaufman represented the tenant. Eric Levy, Brad Siderow and A.J. Camhi of Murray Hill Properties represented the undisclosed landlord. The price of the lease was not released, but the asking price for the space was $50 per square foot.
LOS ANGELES — International law firm McKenna Long & Alridge LLP (MLA) has signed a long-term lease to occupy 62,418 square feet of office space at One California Plaza in downtown Los Angeles. The Class A+ space is located on two and one half floors at 300 S. Grand Ave. The firm plans to relocate to the space after tenant improvements are completed later this year. The deal in valued in excess of $30 million. Whitley Collins, Darren Eades, Tom McDonald and Tony Morales of Jones Lang LaSalle represented MLA in the deal. Maguire Properties, the landlord, was represented in-house by Josh Wrobel.
LOUISVILLE, KY. — St. Louis-based Charter Communications has signed a 99,923-square-foot lease renewal with Faulkner Real Estate for space in Ormsby Park Place. The 170,000-square-foot office building is located at 10300 Ormsby Park Place in Louisville. Faulkner Real Estate was represented in house by Jeff Ellison. Christopher Wood of UGL Equis’ Chicago office, Tim Stewart of the firm’s Cincinnati office and Brenda Lewis of the firm’s Greenwood Village, Colo., office represented the tenant.
NEWARK, DEL. — CB Richard Ellis (CBRE) has completed the sale of the Bowman Building, a 15,233-square-foot office building located in Newark. The single-story building is situated on 3.81 acres at 900 Prides Crossing. It is currently configured as an auditorium on the former Bank of America campus. CBRE'S Dan Rattay represented the buyer, Medical Society of Delaware, which plans to relocate its headquarters to the building. John Kaczowka and Brian Hopkins, also of CBRE, represented the seller, The Buccini/Pollin Group.
4,810-SQUARE-FOOT OFFICE/RETAIL BUILDING TRADES HANDS HUNTINGTON BEACH, CALIF. — Michael Lawrence of Marcus & Millichap’s Newport Beach, Calif., office represented a private investor in the disposition of a 4,810-square-foot office/retail property in Huntington Beach. Built in 1913, the property, which offers views of Huntington Beach Pier and the Pacific Ocean, is located at 117 Main St. The asset sold for $2.8 million.
CHERRY VALLEY, ILL. — Ragnar Benson Construction has completed One Bell Valley Commons, a Class A office project located in Cherry Valley. The three-story, 69,600-square-foot building is situated on 4.39 acres at the entrance to Bell Valley Commons Subdivision. Ragnar Benson also completed the tenant build-out for accounting firm McLadrey. The developer of the project was C-Bro Ltd. Development Group.
CHICAGO — The U.S. General Services Administration (GSA) has signed a lease for 28,080 square feet of space at Congress Center, a Class A office building located in Chicago's West Loop. The GSA already leases 113,458 square feet of the building, a 16-story, approximately 520,000-square-foot structure situated at 525 W. Van Buren St. The GSA plans to take occupancy of the new space by mid-2010. Mark Parrish of Grubb & Ellis' Chicago office, with assistance from the company's Washington, D.C.-based Government Services Group, represented the landlord, Grubb & Ellis Realty Investors. Jason Volpe and Jason Lichty of Studley represented the GSA.
NEW YORK CITY — International law firm Holland & Knight has subleased 82,551 square feet of office space at Rockefeller Plaza in Manhattan, New York City. The firm will occupy floors 11 through 13 and part of the second floor of the building, which is located at 31 W. 52nd St. Holland & Knight is subleasing from law firm Clifford Chance. The space is ready for immediate occupancy, but Holland & Knight plans to construct a new reception area and conference center. It will take occupancy in January 2010. Ted Rotante, Michael Cohen and Andrew Roos of FirstService Williams represented Holland & Knight in negotiations. Stu Eisenkraft, Andrew Sussman, Brad Needleman and Laurence Briody of CB Richard Ellis represented Clifford Chance. Rockefeller Plaza totals 30 stories and contains 729,011 square feet of office space. It is owned by Paramount Group.
NASHVILLE, TENN. — Emdeon has signed a lease with Solomon Airpark for 34,200 square feet of office space in its Airpark Center East property in Nashville. The 15-year lease is worth more than $8.5 million. The tenant plans will use the build-to-suit space, which will be complete by the end of next year, for a data center. Joel McAlister of Colliers Turley Martin Tucker’s Nashville office represented the tenant.