STAMFORD, CONN. — Clal Insurance has acquired Glenview House, for $69.1 million. The 146-unit multifamily property is located at 25 Glenbrook Road in Stamford. Glenview House includes one- to three-bedroom rental apartments. The property includes a retail space leased by Walgreens. The four-story residential building includes a 24-hour fitness center, concierge and business center. Waterton Associates LLC will oversee the management and leasing activities at the property. Glenview House is currently more than 95 percent leased. Glenview House represents Clal’s second acquisition in Stamford in just one month. In August, Clal closed on a 49 percent stake in 75 Tresser, a 344-unit mid-rise apartment rental community.
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KILLINGLY, CONN. — Cassidy Turley has arranged a 147,878-square-foot industrial lease in Killingly. C&M Technologies, a manufacturer of wire and cable cords, has leased space located at 349 Lake Road. The company is relocating to this site from 51 S. Walnut St. in Wauregan, Conn. The property includes 12 loading docks and two drive-in doors, as well as 40 acres of excess land available for additional build-to-suit space. The property also features 15,600-square-feet of air-conditioned office space. Kevin Hanna and Sean Teague of Cassidy Turley represented C&M Technologies in the transaction. Keith Kumnick of Colliers International represented the landlord, the Grossman Cos.
BRONX, N.Y. — Simone Development Cos.has arranged 38,700 square feet of new leases at its Metro Center Atrium, which is nearing completion in the Bronx. The 370,000-square-foot office/retail/hotel complex is located at the 42-acre Hutchinson Metro Center campus. MetroPlus Health Plan, the insurance plan of the New York City Health and Hospitals Corp., is leasing 17,000 square feet of office space for its new Crisis Center at the Metro Center Atrium. In addition, IAC Acoustics, a leading supplier of sound control products, has leased 10,000 square feet of space for its executive offices, and Community Resource Center has leased 4,300 square feet of executive office space at the Metro Center Atrium. Applebee’s has also leased 7,400 square feet on the ground floor of the complex.
CHICAGO — Essex Realty Group Inc. has arranged the $2.6 million sale of 3301 N. Clark St. in Chicago. The seven-unit, mixed-use property is located in the heart of Chicago’s Lakeview neighborhood. Doug Imber and Kate Varde of Essex Realty Group represented the undisclosed seller. Jim Darrow and Jordan Gottlieb represented the undisclosed buyer.
MILWAUKEE — The Dickman Company Inc./CORFAC International has brokered the sale of a 70,000-square-foot industrial building in Milwaukee for an undisclosed price. The property is located at 6000-6066 N. 76th St. Samuel M. Dickman Jr. and Samuel D. Dickman of the Dickman Company Inc. represented the buyer, 76th Street Industrial LLC. Travis Tiede and Adam Matson of NAI MLG Commercial represented the seller, STI Florist LLC.
NOVI, MICH. — L. Mason Capitani CORFAC International has arranged the lease of a 3,813-square-foot industrial building in Novi. Sumika Polymers North America, a subsidiary of the Sumitomo Chemical Group, has signed a five-year lease for the property located at 45525 Grand River Ave. Sumika Polymers North America is a chemical corporation servicing the automotive industry. The company is consolidating two of its divisions into one regional headquarter location. Gary Grochowski of L. Mason Capitani represented the tenant in the transaction.
MINNEAPOLIS — Mid-America Real Estate has arranged the lease of a 6,400-square-foot retail space in Minneapolis. Merchant, which will be the first restaurant by acclaimed Chef Gavin Kaysen, will occupy space at 211 N. 1st St. The new restaurant is expected to open in November 2014. Carrie Charleston of Mid-America represented Merchant in the transaction.
SCOTTSDALE, ARIZ. — Hayden Crossing, a 63,446-square-foot neighborhood retail center in Scottsdale, has sold to 919 Hillsdale LLC for $14 million. The center is located at 8015-8035 E. Indian School Road. Notable net lease tenants include Bashas’ and Walgreens. The seller, Hayden Crossing Shopping Center LLC, was represented by Ryan Schubert and Michael Hackett of Cassidy Turley’s Retail Capital Markets Group.
SANTA ANA, CALIF. – A 105,199-square-foot office property in Santa Ana has sold to BW America Development LLC for $12 million. The building is located at 901 Civic Center Drive. It was only 8.2 percent occupied at the time of sale. The seller, Civic Center Professional Building Inc., was represented by Tom Nguyen of NAI Capital’s Asia Pacific Group.
FRESNO, CALIF. — Mission Village, a 52,950-square-foot shopping center in Fresno, has sold to MCS Guardian Properties LLC for $8 million. The center is located at 335-393 E. Shaw Avenue, and 4965 and 4987 N. Fresno Street. It is anchored by a new 24-Hour CVS/pharmacy. The center was built in 1979. It is 83 percent occupied. MCS Guardian was represented by Greg Bethke of Manco Abbott. The seller, a private Orange County investment company, was represented by Eric P. Wohl of Hanley Investment Group Real Estate Advisors.