ANNA, TEXAS — Locally based developer JPI, in partnership with the City of Anna, has begun leasing Parmore Anna Senior Living, a luxury independent living community located approximately 50 miles north of Dallas. The property will be the first of its kind in Anna and JPI’s second installment in its new line of senior housing developments. The Anna Housing Finance Corp. is also a partner on the project. The 150,000-square-foot community will span over nine acres and include 185 apartments. Rents start at $1,100 per month for a one-bedroom unit.
HOUSTON — Engineering and industrial services firm Acuren Inspection has signed a 10,829-square-foot industrial lease renewal in northwest Houston. The space is located within Four Seasons Business Park, a 204,532-square-foot development that was constructed on 11.8 acres in 2011, according to commercialcafé.com. John Buckley and Jack Gaffney III of locally based brokerage firm Finial Group represented the undisclosed landlord in the lease negotiations. Judd Harrison of KBC Advisors represented the tenant.
DALLAS — Lee & Associates has brokered the sale of a 9,800-square-foot industrial building in West Dallas. According to LoopNet Inc., the single-tenant building at 9101 Sovereign Row was originally constructed in 1957. Stephen Williamson of Lee & Associates represented the undisclosed seller in the transaction. Turner Peterson of Mercer Co. represented the buyer, Apel Construction Services.
NEW YORK CITY — CBRE has negotiated a 132,000-square-foot office lease at 295 Fifth Avenue in Midtown Manhattan. The tenant, global law firm Quinn Emanuel Urquhart & Sullivan, will relocate to floors eight through 10 of the 17-story, 700,000-square-foot structure, which is known locally as The Textile Building. The owner, a partnership between Tribeca Investment Group, PGIM Real Estate and Meadow Partners, recently completed a $350 million capital improvement program at the property. David Hollander, Peter Turchin, Mary Ann Tighe, Brett Shannon, Liz Lash and Hayden Pascal of CBRE represented ownership in the lease negotiations. Lewis Miller, Greg Maurer-Hollaender and Cara Chayet, also with CBRE, represented the tenant.
NEW YORK CITY — Locally based brokerage firm Rosewood Realty has arranged the $10.7 million sale of a portfolio of four multifamily buildings totaling 17 units in Brooklyn. The portfolio includes a five-unit building at 461 Lorimer St.; a four-unit building at 110 S. Second St.; a two-unit structure at 384 S. Second St.; and a six-unit property at 211 Johnson Ave. Each of the buildings rises three stories and was built between 1910 and 1920. Ben Khakshoor, Alex Fuchs, Aaron Jungreis and Eli Shayestehpour of Rosewood represented the buyer, Mendel Gold, and the seller, a private family, in the transaction.
LEWISBURG, PA. — Cushman & Wakefield has brokered the $6.5 million sale of a 133,239-square-foot industrial building in Lewisburg, located north of Harrisburg in the central part of the Keystone State. The building features seven dock doors, a clear height of 21 feet and 13,239 square feet of office space. Gerry Blinebury, Brendan McGeary and Hunter Kessell of Cushman & Wakefield represented the seller, SK Realty, in the transaction. The buyer was an entity doing business as JasPinLin Lewisburg LLC.
PRINCETON, N.J. — The Container Store has opened a 15,000-square-foot shop at The Square at West Windsor in Princeton. The store is the retailer’s 100th nationally and sixth in New Jersey. Anchored by Lowe’s and Trader Joe’s, the 220,000-square-foot shopping center is also home to tenants such as Ethan Allen, Mattress Firm, Chipotle Mexican Grill, Starbucks and Fidelity Investments. Blake Shanaphy of JLL represented the tenant in the lease negotiations. Michael Gartenberg represented the landlord, New Jersey-based Garden Commercial, on an internal basis.
NEW YORK CITY — Accounting firm Marcum Asia has signed an 8,851-square-foot office lease expansion at 7 Penn Plaza in Midtown Manhattan. The tenant now occupies a total of 14,870 square feet on the eighth floor at the 18-story, 357,000-square-foot building. Steve Kaplan of Norman Bobrow & Co. represented Marcum Asia in the lease negotiations. Andrew Wiener and David Turino represented the landlord, The Feil Organization, on an internal basis.
SAVANNAH, GA. — CBRE has provided a $27.7 million acquisition loan for Canvas at Savannah, a 300-unit, garden-style affordable housing community located at 5110 Garrard Ave. in Savannah. Blake Cohen of CBRE’s Atlanta office originated the Freddie Mac loan on behalf of the borrower, Miami-based One Real Estate Investment. The seller was not disclosed. Built in 2003 and recently renovated, Canvas at Savannah features one-, two- and three-bedroom units averaging a little more than 1,000 square feet in size. Amenities include a fitness center, coffee bar, package lockers and a resort-style swimming pool.
MIAMI — CP Group has executed 38,731 square feet of leasing activity at Citigroup Center, a 34-story office tower in downtown Miami spanning 810,000 square feet. The deals include six new tenants and two lease renewals, one with an expansion. New tenants coming to the tower include Trion Properties, Lithium Capital Management, Kili Topco Ltd., Marex Solutions, Pisec Group and the Miami Downtown Development Authority. Steven Hurwitz, Doug Okun and Madeline Fine of JLL represented CP Group in the lease transactions. Last month, CP Group leased retail space on the ground level to Cactus Club Café, a restaurant chain based in Canada. Recent capital improvements at Citigroup Center include a new lobby, café, valet service program, new speculative office suites and health and wellness programs for tenants. Four of the new tenants will occupy the tower’s new spec suites.