Office

Darland Completes Construction of 58,950 SF Office Building in West Omaha

by Kristin Harlow July 16, 2020

WEST OMAHA, NEB. — Darland Construction Co. has completed construction of Pacific Springs Center II, a 58,950-square-foot Class A office building in West Omaha. The two-story property is located at the northwest corner of 168th and Pacific streets. The project features 40,000 square feet of spec office space as well as an underground parking garage. The area, known as Pacific Springs Vista, has experienced a flurry of new development in the past several years thanks to a growing residential market and the area’s convenient access to the nearby West Dodge Expressway, according to Darland. Avant Architects was the project architect. Investors Realty is handling management and leasing.

July 16, 2020

Leasing Activity Office Texas

Tax Software Provider Ryan Signs 66,750 SF Office Lease in Uptown Houston

by Taylor Williams July 16, 2020

HOUSTON — Ryan LLC, a Dallas-based provider of tax services and software, has signed a lease to relocate its Houston office to a 66,750-square-foot space at Park Towers in Houston’s Uptown/Galleria neighborhood. The property consists of two 18-story buildings totaling 545,242 square feet. Doug Little, David Baker, Kelli Gault and Jack Scharnberg of Transwestern represented the landlord, Regent Properties, in the lease negotiations. The representative of the tenant was not disclosed.

July 16, 2020

Development Office Retail Texas

KRS Realty Completes 12,000 SF Office, Retail Redevelopment Project at Fort Worth Stockyards

by Taylor Williams July 16, 2020

FORT WORTH, TEXAS — KRS Realty Advisors has completed a redevelopment project at the historic Fort Worth Stockyards that adds 12,000 square feet of office and retail space to the local supply. Austin-based apparel company Tecovas has signed a retail lease for 3,474 square feet at the property. KRS purchased the property in February and began renovating shortly thereafter. Stream Realty Partners is handling leasing.

July 16, 2020

211-Benigno-Boulevard-Bellmawr-New-Jersey

Acquisitions New Jersey Northeast Office

Yada Property Management Buys 40,000 SF Office Property in Bellmawr, New Jersey

by Taylor Williams July 16, 2020

BELLMAWR, N.J. — New Jersey-based Yada Property Management has purchased a 40,000-square-foot office property in Bellmawr, a southern suburb of Philadelphia. The two-story building is located at 211 Benigno Blvd. within Interstate Business Park, a 40-building office and industrial development that houses large corporate users such as Amazon, FedEx and Singer Equipment Co. Scott Mertz of NAI Mertz represented the seller, Choice Services International LLC, in the transaction.

July 16, 2020

California Development Office Western

Lowe, Related Fund Management Start Construction of 113,000 SF Office Building in Los Angeles

by Amy Works July 15, 2020

LOS ANGELES — A joint venture between Lowe and Related Fund Management (RFM) has commenced construction of a nine-story office building located at 2130 Violet St. in Los Angeles’ Arts District. Lowe and RFM recently formed a partnership for the Violet Street development, which Lowe has been planning since 2017. The 113,000-square-foot building will feature 27,000-square-foot open floorplates, high ceilings, operable windows and energy-efficient building systems and HVAC. The building’s top four floor will be dedicated to contemporary and flexible office space, with substantial terraces allowing for increased circulation of fresh air and connected indoor/outdoor work and meeting spaces. The property will also feature a 3,000-square-foot rooftop deck with lounge seating, tables and chairs for tenants use. As part of the development, the joint venture is installing public infrastructure, including sidewalks, crosswalks, a traffic signal, tree grates, street lighting and landscaping along Violet Street. Ware Malcomb is serving as architect and Swinerton is serving as general contractor for the project, which is slated for completion in early 2022. Mike Condon Jr., Pete Collins, Scott Menkus and Brittany Winn of Cushman & Wakefield are handling leasing for the development. Todd Tydlaska and Mike Caprio of CBRE, along with Mike Condon of …

July 15, 2020

Development Office Texas

Westdale, StreetLights Open 310-Unit Hamilton Apartments in Dallas’ Deep Ellum District

by Taylor Williams July 14, 2020

DALLAS — Westdale Real Estate Investment & Management and StreetLights Residential have opened The Hamilton, a 310-unit apartment community in the Deep Ellum neighborhood of Dallas. The 26-story building is located within The Epic mixed-use development and features studio, one-, two- and three-bedroom units that are furnished with custom cabinetry, floor-to-ceiling windows and built-in desks. Amenities include a pool, outdoor entertainment space with fire pits, resident bar, fitness center, media space and 23,000 square feet of attached retail and restaurant space. Rents for studio units start at $1,685 per month, according to apartments.com.

July 14, 2020

Leasing Activity Office Texas

Global Finance Firm Signs 250,000 SF Office Lease at 600 Travis Street in Downtown Houston

by Taylor Williams July 14, 2020

HOUSTON — An undisclosed global financial services firm has signed a 250,000-square-foot office lease at 600 Travis Street, a 1.7 million-square-foot building in downtown Houston that is also known as the JPMorgan Chase Building. The 75-story property, which is the tallest building in the city, will soon be renovated to upgrade its lobby, exterior plaza, collaborative workspace and conference center. Michael Anderson, Diana Bridger and Margaret Elkins of Cushman & Wakefield, along with Chanse McLeod of law firm Hunton Andrews Kurth LLP represented the landlord, a partnership between Hines and Cerberus Capital Management, in the lease negotiations.

July 14, 2020

Leasing Activity Office Texas

SkyWalker Property Partners Expands, Relocates DFW Office Headquarters

by Taylor Williams July 14, 2020

GRAND PRAIRIE, TEXAS — Locally based investment firm SkyWalker Property Partners has expanded and relocated its metroplex office headquarters to Brookhollow Riverside, a 119,314-square-foot building in Grand Prairie that the company originally purchased in 2006. SkyWalker relocated from Arlington, where it has operated for the past 12 years, and has since added three full-time professionals to its team.

July 14, 2020

Leasing Activity Office Texas

Poynter Commercial Negotiates 20,270 SF Office Lease in Houston

by Taylor Williams July 14, 2020

HOUSTON — Poynter Commercial Properties Group has negotiated a 20,270-square-foot office lease expansion at 11700 Katy Freeway in Houston. The 14-story property spans 325,000 square feet. Kevin Poynter and Peyton Poynter of Poynter Commercial represented the landlord, an affiliate of ATCAP Partners, in the lease negotiations. David Bale and Don Foster of JLL represented the tenant, human resource consulting firm Robert Half International.

July 14, 2020

Loans New York Northeast Office

PGIM Real Estate Provides $100M Loan for Refinancing of 52 Broadway Office Building in Manhattan

by Taylor Williams July 14, 2020

NEW YORK CITY — PGIM Real Estate has provided a $100 million loan for the refinancing of 52 Broadway, a 19-story, 426,000-square-foot office building located two blocks from the New York Stock Exchange in Manhattan. The borrower was a joint venture between Jack Resnick & Sons and Ruben Cos. Resnick acquired the building, which was originally constructed in 1898, in 1978 and implemented an extensive renovation and expansion to add six more floors. Today, the building is net leased on a long-term basis to the United Federation of Teachers.

July 14, 2020

Newer Posts

Older Posts