NASHVILLE, TENN. — Boyle Investment Co. has acquired Woodmont Centre, a two-building office park located at 102 and 104 Woodmont Blvd. in Nashville. The property is situated at near I-440 on the outskirts of the city’s Belle Meade neighborhood. The complex comprises a nine-story office building and a five-story office building connected by a shared lobby, along with a multi-level parking garage accommodating approximately 500 vehicles. The undisclosed seller began capital improvements to Woodmont Centre that Boyle Investment plans to complete. The sales price was not disclosed.
Office
CARLSBAD, CALIF. — RF Partners LLC has completed the disposition of a flex office and industrial property, located at 5935 Darwin Court in Carlsbad, to a private local owner-user investor for $14.2 million. Situated within the Carlsbad Research center, the two-story, 54,351-square-foot creative flex office building was built in 1991 and renovated in 2005 and 2024. Matt Pourcho, Dennis Visser, Matty Sunberg, Anthony DeLorenzo and Don Trapani of CBRE represented the seller in the transaction.
Mark IV Capital Sells Paradiso Medical Office Building in Scottsdale, Arizona for $13.3M
by Amy Works
SCOTTSDALE, ARIZ. — Mark IV Capital Properties has completed the sale of Paradiso, a two-story, multi-tenant medical office building in Scottsdale. Albany Road Real Estate Partners acquired the property for $13.3 million. The 59,445-square-foot asset features a large central courtyard with decorative fountains and seating areas, private entrances and balconies, covered breezeways, patios off several ground-floor suites and full-length storefront windows. The property is located at 11000 N. Scottsdale Road. Eric Wichterman, Alexandra Loye, Chris Toci and Mike Coover of Cushman & Wakefield represented the seller in the transaction.
CHICAGO — Vestian, a Chicago-based commercial real estate services firm, has recently secured three commercial leases in North Carolina for three global manufacturers. The deals include an industrial lease for HEYCO-Werk USA, a tech manufacturer for plastic injection and two-shot molding; a lease for a new experience center in Charlotte for corrugated box manufacturer BHS Corrugated; and an industrial lease for BICASA North America, a provider of technical lab furniture. Information on the landlords and specific locations were not released.
NEW YORK CITY — Locally based investment and development firm AmTrustRE has completed the acquisition of 260 Madison Avenue, a 22-story office building in Midtown Manhattan, for roughly $211 million. The approximately 570,000-square-foot building was constructed in 1952 and was roughly 68 percent leased at the time of sale. Tenants include Hanesbrands, MGM, Regus, McLaughlin & Stern and Marcus & Millichap. AmTrust plans to invest “significant capital” into interior and exterior improvements to the building. Darcy Stacom and William Herring of Stacom CRE, along with David Ash of Prince Realty Advisors, represented the seller, The Sapir Organization, in the transaction.
EWING, N.J. — JLL has brokered the sale of 100 and 200 Princeton South Corporate Center, a pair of office buildings totaling 267,830 square feet in Ewing, located just outside of Trenton. The four-story buildings were completed between 2007-2008 as part of a larger, six-building campus and were 52 percent leased at the time of sale to tenants in industries such as finance, insurance, accounting, pharmaceutical and healthcare. Jose Cruz, Jeremy Neuer, Michael Kavaler and Tom Romano of JLL represented the undisclosed, institutional seller in the transaction. The buyer was Hilton Realty Co.
MIAMI — The University of Miami has signed a 42,000-square-foot office lease at Building 1300 at Flagler Station in Miami. The university signed a 10-year lease for the space, and will occupy nearly one-third of the building for its healthcare system (UHealth) offices. The long-term lease deal also includes building-top signage for the university, which will elevate visibility for the brand. The University of Miami is expected to move into its new space in the second quarter of 2026. Building 1300 at Flagler Station spans four stories and features flexible floor plates and amenities including a fitness center, outdoor seating area and a meeting room. Hamilton Development originally acquired Building 1300 earlier this year as part of its acquisition of a 24.4-acre site at Flagler Station. Cameron Tallon of CBRE represented Hamilton Development in the lease negotiations.
Bolour Associates Originates $22.2M Refinancing for Village Business Park in Buena Park, California
by Amy Works
BUENA PARK, CALIF. — Bolour Associates, through its affiliate BA Debt Fund LLC, has provided a $22.2 million, 24-month office refinancing loan for Village Business Park in Buena Park. The loan provides capital to refinance and additional funds for future leasing needs to promote asset stability. CBRE represented the borrower in the financing. Spanning 144,000 square feet, the two-story buildings are located at 7000 and 7001 Village Drive. The multi-tenant buildings are currently 82 percent occupied. The property offers large and open floor plans, a generous 6:1,000 parking ratio and suites with immediate courtyard access for indoor and outdoor use.
BRYAN, TEXAS — Bayview PACE has provided $15.6 million in C-PACE financing for The Lumin, a 103,000-square-foot office project that is under construction in the Central Texas city of Bryan. The building, which is being constructed on a speculative basis, will be located within the 350-acre Lake Walk master-planned development and will include ground-floor retail space and an onsite parking garage. The borrower is Bryan-based William Cole Cos. Vaughn Construction is the general contractor for The Lumin, which is expected to be complete in spring 2027.
TAMPA, FLA. — A joint venture between Enverra Real Estate Partners and a New York City-based family office has acquired 1 North Dale Mabry, a 13-story, 260,000-square-foot office tower in the Westshore submarket of Tampa. The seller and sales price were not disclosed, but Business Observer Florida reports that Bridge Investment sold the property in a short-sale for $40 million, roughly five years after acquiring the property for $56.5 million. The office property offers floor-to-ceiling windows, a fitness center, conference facility and a renovated lobby. Additionally, 1 North Dale Mabry is home to various tenants such as Travelers Insurance, Marsh & McLennan Agency, Rissman Law Firm, Ideal Image and PCL Construction. Atlanta-based Enverra plans to invest $4 million to elevate the property with a coffee bar, landscaped outdoor terrace and upgrades to the current fitness center, conference facilities and other common areas.