CHICAGO — Hoffman Estates, Ill.-based Leopardo has completed a 40,000-square-foot office expansion and renovation of the corporate headquarters of Envestnet. The wealth advisory company is located at the Jewelers Building at 35 E. Wacker Dr. in Chicago. The company’s new offices, which take up a one-and-a-half floors of the building, feature high-end finishes such as French limestone and organic French Walnut-veneered wall panels and pivot doors, red oak stained parquet wood flooring and full-height interior glass partitions. Leopardo served as the general contractor, with Baumann Studios providing architectural services.
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PITTSBURGH — Renovation is underway on the C.I. Applegate Building, formerly known as 225 Ross Street, in Pittsburgh. After purchasing the building in February, developer Dominic Applegate of Applegate Snayd Industries, renamed the building and began an extensive renovation. The 26,000-square-foot building features six stories of office space and nearly 4,700 square feet of street-level retail. Jared Imperatore, the retail brokerage and leasing manager spearheading the property’s marketing and J.R. Yocco of Grant Street Associates have already executed lease agreements with Subway and Crazy Mocha Coffee Company for the building’s first-floor retail space. The renovation will include new signage, awnings, outdoor seating areas and a garage door that will open the Crazy Mocha location to the retail storefront on Third Avenue. Additional upgrades include power washing of the exterior brick and adding window flower boxes and large stationery flower pots near the entrances to each retail space. Crazy Mocha and Subway are slated to open in late summer.
LIVINGSTON, N.J. — Adam Silver and Wayne Kasbar of Grubb & Ellis have negotiated a 153,030-square-foot lease on behalf of Verizon New Jersey. The company will be taking space at Eisenhower Corporate Campus, which is located at 290 West Mt. Pleasant Ave. in Livingston. To meet certain parking requirements, a 400-car parking garage was built by the owner, Eastman Companies, for Verizon at the new location. Furthermore, the building has access to public transportation and nearby amenities, which accomplished Verizon’s objectives.
WALTHAM, MASS. —Davis Marcus Partners, a venture between Marcus Partners and The Davis Companies, in partnership with Prudential Real Estate Investors, has completed a $30.9 million refinancing with Capital One for 117 West St. located on its Reservoir Woods East campus in Waltham. The refinancing includes both the 138,000-square-foot recently upgraded building and the adjacent 500,000 square feet of recently permitted, developable land. The building is fully leased to Verizon and houses its FiOS testing, design and engineering functions. Together, Reservoir Woods East and West provide a campus environment with 120-acres of wooded landscape in Waltham between the Massachusetts Turnpike and Route 2 at exit 27 off Rt. 128/US I95.
GRAND PRAIRIE, TEXAS — Arlington, Texas-based SCM Real Estate has brokered a new lease at Brookhollow Riverside, a Class A office property located in Grand Prairie. Lea+Elliott will occupy 8,200 square feet of the 118,131-square-foot building, which is located 2505 N. State Highway 360. SCM’s Theron Bryant represented the undisclosed landlord. The tenant was represented by Bryan Graham of CB Richard Ellis. Terms of the lease were not disclosed.
SAN DIEGO — Philadelphia-based GVA Smith Mack has negotiated the lease renewal of 12205 World Trade Drive in San Diego. Johnson Matthey Inc. has resigned its lease for 35,094 square feet of office space. Jeff Mack of GVA Smith Mack represented the tenant in the transaction. The value of the lease was not disclosed.
ORLANDO, FLA. — Siemens Shared Services has leased 29,500 square feet of space in University Corporate Center III, located in the Quadrangle Business Park at 11474 Corporate Blvd. in Orlando. Greg Morrison and Emily Zinaich of Orlando-based Morrison Commercial Real Estate represented the landlord, and The Princeton Group’s Lee Orisi represented Siemens. This is the third lease Morrison Commercial has executed at University Corporate Center III in the past 90 days. The property is currently 94 percent leased.
ST. LOUIS — Duke Realty Corp. has leased 104,700 square feet of office space to ESSENCE Healthcare in the northwest St. Louis suburb of Maryland Heights, Mo. The space is located within an office building at 13900 Riverport Dr. in Duke’s Riverport Business Park. ESSENCE was represented by David Kelpe of Colliers Turley Martin Tucker; Whitaker Varley and Matt Hrubes of Duke negotiated the deal in-house on behalf of the landlord. 13900 Riverport is one of seven buildings situated within the office and industrial park, which is located near Lambert International Airport, as well as interstates 70 and 270. Approximately 18 acres remain available for purchase of build-to-suit development.
CHICAGO — Jones Lang LaSalle (JLL) has negotiated four leases totaling approximately 200,000 square feet within One Financial Plaza in downtown Chicago. JLL’s Michael Curran and Mark Gunderson represented building owner Behringer Harvard, which owns the property via its Behringer Harvard REIT I Inc. investment program, in the lease transactions. Chicago Trading Company signed a new 87,400-square-foot lease within the 40-story, approximately 1 million-square-foot tower. The tenant is relocating from the Chicago Board of Trade Building in May 2010, and will be moving into One Financial Place’s trading floors, as well as the fourth and fifth floors of the office tower. Mark Keebler and Brad Serot of CB Richard Ellis negotiated the deal on behalf of Chicago Trading Company The Chicago Stock Exchange has renegotiated its lease within One Financial Place, ceding the fourth and fifth floors of the building’s 440 South LaSalle complex and moving to the seventh floor of the office tower. The tenant will occupy approximately 50,000 square feet, reducing its footprint by approximately 60,000 square feet. Lisa Davidson and Rich Schuham of Studley represented Thee Chicago Stock Exchange. The Comptroller of the Currency renewed its 40,000-square-foot lease, represented by Schuham and Joe Learner of Studley. MF …
PHOENIX — Climatec has selected McShane Construction Co. for the renovation and remodeling of the company’s 103,000-square-foot corporate office building, which is located at 2851 W. Kathleen Rd. in Phoenix. The project calls for the partial demolition and reconstruction of the facility, which will include the incorporation of several of Climatec’s extensive product lines. Additionally, the renovations include redesign of interior spaces and entryway of the facility, and replacement of mechanical, electrical and plumbing systems. Dick & Fritsche Design Group is providing architectural services for the project, which is slated for completion this month.