SAN ANTONIO — Blakeley Commercial Real Estate (BCRE) has arranged a 12,446-square-foot medical office lease for the Center for Health Care Services in San Antonio. The tenant will occupy space at Legacy Oaks, a seven-building development located on Fredericksburg Road within the South Texas Medical Complex. Lynn Blakeley of BCRE represented the Center for Health Care Services in the negotiations. Lindsey Tucker and Carl Salvato of CBRE represented the undisclosed landlord.
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IRVING, TEXAS — Coldwell Banker Commercial (CBC) Alliance DFW has arranged a 10,525-square-foot office lease for Pegasus Info Tech Inc. in Irving. The larger single-story building, which was acquired and renovated over the past two years by Life Is A Skyway LLC, is located at 3001 N. Skyway Circle and includes 20,090 square feet. The tenant, a software company, will use the space as its new headquarters, relocating from 122 W. John Carpenter Freeway. Bret Messer of CBC Alliance DFW, who oversaw the recent upgrades, will continue to manage the property. Sharon Friedberg and Melanie Hughes of Bradford Commercial Real Estate represented Pegasus in the negotiations.
SAN DIEGO – The 90-unit Waterford Terrace Retirement Community in the San Diego submarket of La Mesa has received $10 million in financing. The independent living facility is located at 5580 Aztec Drive. It is managed by Sunshine Retirement Living. The seven-year, fixed-rate Fannie Mae loan was provided by KeyBank Real Estate Capital on behalf of La Mesa Retirement Residence Limited Partnership.
PORTLAND, ORE. — Clarion Partners, LLC has purchased a 134,000-square-foot distribution warehouse in Portland for an undisclosed sum. The Class A warehouse is located in the Airport Way industrial submarket. It is fully leased.
SAN BRUNO, CALIF. — Destination XL will soon open an 8,215-square-foot outpost at the San Bruno Towne Center. The center is located at 1202-1340 El Camino Real, just south of San Francisco. The big-and-tall clothing and shoe store is operated by Casual Male Retail Group. It was represented by Katie Singer and Jessica Birmingham of Terranomics Retail Services.
BOISE, IDAHO — Southshore Marketplace in Boise is being redeveloped by Pine Tree and Inland Real Estate Corporation. The 103,000-square-foot structure was formerly occupied by Kmart. The new project will be anchored by Gordmans Department Store.
SACRAMENTO, CALIF. – A 185-unit apartment complex in the Sacramento suburb of North Highlands has sold to Trion Properties for $9.3 million. The community is located at 5416 Jackson Street. It was built in 1986. CBRE’s Peter Stevens, Marc Ross and Will Blucher represented both the buyer and Texas-based seller in this transaction.
PLANTATION, FLA. — U.S. Capital Holdings Group has broken ground on the first phase of 321 North, a $300 million live-work-play development in Plantation. The first phase is the redevelopment of a seven-story, 160,000-square-foot office tower. The design team includes general contractor GHJ Construction Inc., a subsidiary of Beijing Construction Engineering Group International Co. Ltd. GHJ plans to finish construction in approximately one year. U.S. Capital Holdings has retained CBRE as leasing agent for the new office tower. The redevelopment is the first of five phases for 321 North, which is slated to finish construction in 2017.
CHARLESTON AND FLORENCE, S.C. — Faison Enterprises Inc., a private real estate developer and owner based in Charlotte, N.C., has acquired two retail centers in South Carolina. The properties include the 350,000-square-foot Ashley Landing in Charleston and the 113,922-square-foot Crossroads Center in Florence. Ashley Landing is 92 percent leased to tenants including Publix, Burlington Coat Factory, Dollar Tree, Big Lots, Wells Fargo, Harbor National Bank and First Federal of Charleston. Scott Adams of Adams and Wilson Properties represented Faison in the transaction. Crossroads Center is 96 percent leased to Hamrick’s, Planet Fitness, LifeWay and Dollar Tree. Berkeley Capital Advisors’ Charlotte office arranged the transaction.
WOODSTOCK, GA. — Grandbridge Real Estate Capital has closed a $27 million first mortgage loan to refinance a 308-unit apartment community in Woodstock, a northern suburb of Atlanta. Alan Tapie of Grandbridge’s Atlanta office originated the loan. The apartment community features a pool, fitness center with a yoga studio, cabanas, fire pits, business center, coffee bar and greenway access to downtown Woodstock.