MARYLAND HEIGHTS, MO. — World Wide Technology Inc. (WWT) has opened a new headquarters facility at its campus in Maryland Heights, about 20 miles northwest of St. Louis. The two-story, 57,200-square-foot building will accommodate WWT’s rapid growth an, according to the company. The facility includes an open space layout, a 150-seat auditorium, digital signage and a briefing center. Green technologies were included in the construction, such as plastic reflective roofing, motion sensors, efficient plumbing and recycled building materials. M+H Architects, O’Toole Design, Legacy Building Group and Keeley Construction are the design team for the project. The address for WWT’s new headquarters building is 701 Fee Fee Road.
NEW YORK CITY — Colliers International has arranged an eight-year, 17,000-square-foot relocation and expansion at 469 Seventh Ave. in New York City for Summit Business Media. The B2B media and information company, which serves the insurance, financial services and investment advisory markets, will occupy the entire 10th floor. Summit will move from its 475 Park Ave. location into its new expanded space by July. Eric Meyer and Martin Meyer of Colliers arranged the lease on behalf of the building owners. Alan Wildes of Cushman & Wakefield represented the tenant in the transaction.
NEW YORK CITY — Rocco’s Tacos and Tequila Bar has signed a 15-year lease to occupy 14,500 square feet at 339 Adams St. in Brooklyn. The location is the first in New York City for the Florida-based chain, which offers Mexican food and several brands of tequila. Ross Spitalnick of Muss Development and RKF’s Ariel Schuster and Brian Segal represented the landlord, Muss Development LLC. The Shopping Center Group represented Rocco’s Tacos in the transaction.
NORWOOD, N.J. — Alfred Sanzari Enterprises has hired NAI James E. Hanson to serve as exclusive leasing agent for an industrial/flex park in Norwood, located about 10 miles northeast of Paramus. The properties are located at 335, 375 and 385 Chestnut St. and 10 Maple St. and include almost 167,000 square feet of space. The NAI Hanson team of Michael Walters, Andrew Somple and Nicholas Herrick are serving as the leasing agents for the properties. Sanzari recently completed a number of upgrades at the complex, which now features freshly painted warehouse space, new office windows, new front awnings and loading dock improvements.
BOSTON — Interior construction is now complete for The Perseus Books Group’s new 12,000-square-foot office, located at 44 Farnsworth St. in Boston. The nine-story building includes 96,000 square feet of office space, according to CoStar Group. The independent publishing company is relocating from Cambridge to the new space. The Perseus Books Group is moving 30 employees into the new space, as well as one of their divisions, Da Capo Press. Construction Coordinators Inc. provided construction management services, and Leslie Saul & Associates was the architect for the project.
COPPELL, TEXAS — ML Realty Partners LLC, an industrial real estate investment company, has acquired a 457,000-square-foot industrial portfolio in Coppell. The Class A portfolio includes five distribution buildings in Park West Commerce Center, located just north of the Dallas/Fort Worth International Airport.
AUSTIN, TEXAS — Transwestern has arranged the sale of Commerce Center South, three Class A industrial properties totaling 155,545 square feet in Austin's Southeast Industrial submarket. The property is 100 percent leased and is situated on a 35.3-acre development site. Hale Umstattd, Leah Gallagher and Luke Wheeler of Transwestern represented the seller, PacTrust, in the transaction. Commerce Center South is the first Austin acquisition for the buyer, Pennsylvania-based Stoltz Real Estate Partners. The company plans to expand its Austin portfolio in the future by buying office, industrial and retail properties. Stoltz purchased Commerce Center South through its investment vehicle, SREF IV.
HOUSTON — Trust Tobacco Co. has acquired a 83,000-square-foot industrial facility, located at 7604 Kempwood Drive in Houston. The property consists of 44,000 square feet of office space and 39,000 square feet of HVAC warehouse. Reed Vestal and Taylor Schmidt of the Finial Group represented the seller in the transaction.
ARLINGTON, TEXAS — Amerco Real Estate Co. has purchased a 76,448-square-foot industrial property, located at 2901 E. Pioneer Parkway in Arlington. Stan McClure of CBRE represented the seller, Loh International LP, in the transaction.
ONTARIO, CALIF. — Ontario Gateway Center, a 220,930-square-foot power center, has received $25.2 million in financing. The center is located at 4420 Ontario Mills Parkway in Ontario. The 10-building property is fully occupied. Anchors include Toys “R” Us and Babies “R” Us. Ross is scheduled to open at the center in late 2013. The loan features a 10-year term and a 3.75 percent fixed interest rate. Financing was arranged by HFF’s Paul Brindley and Steven Paskhover on behalf of an affiliate of Zelman Development Company and Grayburn Properties. The funds were provided by Deutsche Bank.