GARLAND, TEXAS — Garden Ridge, a home décor superstore, has leased 146,600 square feet of warehouse space at Logistics Pointe/Garland, a 1.1 million-square-foot dry storage and warehouse center. The property is located at 2600 McCree Road in Garland. David Sours and Kevin Kelley of CBRE represented the landlord, Westmount Realty Capital LLC, a Dallas-based real estate investment firm. Nathan Lawrence of CBRE represented Garden Ridge in the lease transaction.
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SAN JOSE, CALIF. – Spansion has leased 154,600 square feet within two buildings at Ridder Park Technology Center in North San Jose. The new lease will include 124,592 square feet at 1001 Ridder Park Drive and 30,041 square feet at 1717 Fox Drive. Other notable tenants at the center include Ex’pression Center for New Media and the County of Santa Clara. The landlord, Hines Development, was represented by Steve Horton and Kelly Yoder of Cassidy Turley and CBRE’s Jeff Houston and Sherman Chan. Hines sold the building to Cole Capital earlier this year.
SALT LAKE CITY — Gold’s Gym Express and ULTA Beauty and Cosmetics have signed on as tenants at Brickyard Plaza in Salt Lake City. Brickyard Plaza is a 306,000-square-foot community shopping center at the corner of 1300 East and 3300 South. Gold’s Gym Express will occupy a 23,000-square-foot space that will open this September. ULTA will absorb a 10,000-square-foot space that was formerly occupied by Shoe Carnival. They will join other notable tenants at Brickyard Plaza, including TJ Maxx, Home Goods, Kohl’s, Ross, Office Max, Dress Barn, Rue 21, Sally Beauty and Tuesday Morning. The landlord, Yacoel Properties LLC, was represented by Chris Hatch and Joe Mills of Mountain West Retail-Investment and Newmark Grubb ACRES.
CAMARILLO, CALIF. — Gold Coast Health Plan has leased 33,671 square feet of office space in Camarillo. The property is located at 711 E. Daily Drive in the Ventura County submarket. The public entity, which is governed by the Ventura County Medi-Cal Managed Care Commission, will be relocating from a 16,000-square-foot office in nearby Oxnard. Gold Coast was represented by CBRE’s Michael Slater and Tom Dwyer. The landlord was not named.
MEDFORD, ORE. — The 30-unit Cedarwood Apartment complex in Medford has sold to Orchard Park Apartments LLC for $2.2 million. The community is located at 427 NE Thurston Ave. It was built in 1977 and recently renovated. The LLC was represented by Wade Six of VI Commercial Real Estate LLC. The seller, Cedarwood Holdings LLC, was represented by Ron Ross and Terry O’Neil of Compass Commercial.
LYNNWOOD, WASH. — Radia, Inc., PS has leased 23,000 square feet at Redstone Corporate Center I in the Seattle submarket of Lynnwood. The 202,000-square-foot, Class A office building is located at 19020 33rd Ave. W., across from the Alderwood Mall. The lease will commence this October. The radiology provider was represented by Dan Foster and Cameron Gellatly of Flinn Ferguson. The landlord, PCCP LLC and Talon Private Capital, was represented by JLL’s Daniel Seger and Brent Jackson.
CHARLOTTE, N.C. — Embassy Suites Hotels and developer BPR Properties have begun construction on Embassy Suites Charlotte Uptown, a 250-suite hotel at 401 E. Martin Luther King Jr. Blvd. The hotel, which will feature 7,000 square feet of meeting space and an on-site restaurant, is slated to open in June 2016. The hotel will be the ninth Embassy Suites in North Carolina, and it will feature a 24-hour fitness center, business center and an indoor pool.
SANFORD, FLA. — CBRE has arranged the sale of Boulevard Plaza, a 107,117-square-foot shopping center located at 300 W. Lake Mary Blvd. in Sanford. Branch Properties purchased the asset from The Sandefur Cos. for $12.2 million. The property is leased to CVS/pharmacy, Burger King, Papa John’s, Qdoba, H&R Block and Trustco Bank. Albertson’s, Boulevard Plaza’s anchor tenant that ceased operations in 2010, continues to pay its rent obligations. Cliff Taylor and Daniel Baker of CBRE represented The Sandefur Cos. in the transaction.
WESLEY CHAPEL, FLA. — Franklin Street Real Estate Services has brokered the $2.4 million sale of a Tuffy Auto Center and Dairy Queen at 27329 Wesley Chapel Blvd. in Wesley Chapel. The sale represents the second half of a 1031 tax-deferred exchange for the buyer, a Kentucky-based corporation. Rafeal Wright and Jonathan Graber of Franklin Street represented the seller, J&J Wesley Chapel LLC, an Illinois-based company. Franklin Street also procured the buyer.
WASHINGTON, D.C. — The Greysteel Co. has brokered the sale of Minnesota Flats, a 16-unit multifamily property located at 1840 Minnesota Ave. S.E. in Washington, D.C.’s Anacostia neighborhood. Ari Firoozabadi, Kyle Tangney, John Mullen, Caleb Brown, Lance Ahmadian, Mike Bediones and Jake Ying of Greysteel represented the seller, Washington Living Trust, in the transaction.