KIRKLAND, WASH. — Newmark Realty Capital has arranged a $64 million loan for Carillon Point in Kirkland. Located on 26 acres of waterfront land along Lake Washington, the property features 445,000 square feet of office space, the 100-room Woodmark Hotel and a 200-slip marina. Michael Taylor of Newmark’s Seattle office secured the financing through John Hancock Life Insurance Co. The 20-year loan has a 25-year amortization schedule.
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SALISBURY, MD. — Habitat for Humanity of Wicomico County has purchased a 10,000-square-foot office and warehouse property from an undisclosed seller for an undisclosed price. The building is spread across 0.68 acres at 908 Isabella St. in Salisbury. Bradley Gillis of Salisbury-based Sperry Van Ness – Miller Commercial Real Estate represented Habitat for Humanity, and the firm’s Brent Miller and Rick Tilghman represented the seller.
CINCINNATI — Cincinnati-based Al. Neyer Inc. and an entity affiliated with Dayton, Ohio-based Dayton Hydraulic Company have completed the disposition of The Office at 444 West Third Street in downtown Cincinnati. The three-story, 150,000-square-foot property sold to dunnhumbyUSA for $17 million. The buyer currently is the building’s principal lessee. Mike Hartmann of Colliers Turley Martin Tucker represented the buyer in the lease and acquisition.
JERICHO, N.Y. — Long Island, N.Y.-based Metropolitan Realty Associates has moved its headquarters from Garden City, N.Y., to 500 N. Broadway in Jericho. Established in 2002, Metropolitan Realty owns more than 700,000 square feet of office space on Long Island, including the Business and Research Center at Garden City in Garden City, N.Y.; Sunrise Business Center in Great River, N.Y.; and the Jericho Atrium in Jericho, N.Y.
LOS ANGELES — Evan’s First LLC has disposed of an 18,858-square-foot office building, which is located at 2100 Sawtelle Blvd. in Los Angeles. 2100 Sawtelle Blvd LLC, a group of 1031 Exchange buyers, acquired the property for $5.8 million. The three-story garden-style property was 65 percent occupied at the time of acquisition. T.C. Macker and Craig Newlands of Coldwell Banker Commercial WESTMAC represented the seller; Justin Altemus of The Altemus Company represented the buyer in the deal.
SAN DIEGO — Grubb & Ellis|BRE Commercial’s Capital Market Group has arranged a $12.6 million loan for 3525 John Hopkins Court LLC. The loan is for a 48,233-square-foot wet lab facility located in San Diego’s Torrey Pines submarket. Gary Goss of Grubb & Ellis|BRE Commercial arranged the transaction.
ROSEVILLE, CALIF. — Adventist Health System West has leased more than 37,000 square feet of space at 1101 Creekside Ridge Drive in Roseville. The two-story building offers 88,000 square feet of office space. Tom Bacci of Grubb & Ellis represented the tenant; Jon Walker, also of Grubb & Ellis, represented the landlord, RREEF America REIT II Corp., in the transaction. Additional terms of the lease were not released.
CORAL GABLES, FLA. — Florida East Coast Realty has completed the 130,00-square-foot 2020 Ponce office building. The 14-story property, located on Ponce de Leon Boulevard in Coral Gables, includes ground-floor retail and a six-level parking garage. Build-outs are currently underway on 90,000 square feet of preleased space.
TAMARAC, FLA. — Tamarac Commons LLC has acquired the 27,828-square-foot Tamarac Commons office development from Yomtob Acquisitions for $2.57 million. The two-building property is located at 7300-7310 W. McNab Rd. in Tamarac. Scott O’Donnell, Dominic Montazemi, Miguel Alcivar and Kirk Nelson of CB Richard Ellis’ Fort Lauderdale, Fla., office brokered the sale.
SYRACUSE, N.Y. — Michael James of NorthMarq Capital has secured $3.5 million in financing for a 74,000-square-foot Syracuse office building. Located at 225 Greenfield Parkway, the property houses Brookfield Renewable Power. The 10-year loan, which carries a 25-year amortization schedule, was financed by a federal credit union.