BUFFALO, GROVE, ILL. — CBRE has arranged the lease of a 15,000-square-foot industrial space in Buffalo Grove, located about 30 miles north of Chicago. Zach Graham, Keith Puritz, Brett Kroner and Ryan Bain of CBRE assisted The Shamrock Cos. in its five-year lease of the industrial property, located at 1367-1407 Barclay Blvd. Adam Heffner and Dan Prendergast of Darwin Realty represented the landlord, TA Associates Realty, in the deal. Shamrock is a multichannel marketing company headquartered in Westlake, Ohio, with sales and distribution offices located across the country.
ATLANTIC CITY, N.J. — A partnership between Edison Investment Advisors and Sencit Properties has sold a 14-story apartment tower in Atlantic City to an unidentified buyer, who also owns an adjacent property called Metropolitan Plaza. The 201-unit affordable housing project is one block from the new Revel Resort & Casino and includes an attached parking garage, newly renovated units and a 24-hour security guard. Jason Starkman of Starkman Realty Group represented both parties in the transaction.
BEDFORD, MASS. — The Massachusetts Army and Air National Guard have opened the nation's first Joint Forces Headquarters building at Hanscom Air Force Base, located two miles south of Bedford. The 120,000-square-foot office building is Phase I of a two-phase, two-wing, 200,000-square-foot facility. The building will serve as the administrative, war-time and domestic response headquarters for more than 8,000 soldiers, airmen and civilians. CTA Construction Co. built Phase I of the project and Kleinfelder/SEA Consultants provided design services.
BOSTON — Brown Brothers Harriman, the oldest privately held financial institution in the U.S., has signed a 410,000-square-foot lease at 50 Post Office Square in Boston. The company will relocate its 2,000 employees to the new space this fall following substantial upgrades to the interior of the building. Andy Hoar, Ogden White, David Fitzgerald and Tim Lyne of CBRE — N.E. Partners and Alex Randall and Katie Murphy of Goodwin Procter LLP represented the building owners, CV Properties LLC and Bentall Kennedy, in the the transaction. Rob Griffin, Dave Martel and Gil Dailey of Cushman & Wakefield and Paul Jakubowski and Kevin Bernier of WilmerHale LLP represented the tenant. CV Properties and Bentall Kennedy acquired the property from Verizon Communications Inc., which previously occupied the space, in 2008.
TROY, N.Y. — Marcus & Millichap has arranged the $3.9 million sale of Troy Plaza, a 129,343-square-foot retail property at 120 Hoosick St. in Troy. Joseph French of Marcus & Millichap represented the seller, a financial institution, in the transaction. He also secured the buyer, a private investor.
DEVENS, MASS. — Colliers International's capital markets group has arranged a $13.7 million loan for 112 Barnum Road, a 448,000-square-foot industrial asset in Devens. A joint venture between Calare Properties and Hackman Capital Partners acquired the property, which served as the former Evergreen Solar headquarters, earlier this year. Tom Welch and David Douvadjian of Colliers arranged the five-year, nonrecourse loan through Unibank for Savings.
BAYTOWN, TEXAS — Marcus & Millichap has arranged the sale of Goose Creek Retirement Community, a 391,064-square-foot vacant hospital building located at 1101 Decker Drive in Baytown. Doug O'Toole and Rod Llanos of Marcus & Millichap's Houston office represented the seller, a financial institution, in the transaction. O'Toole also secured and represented the buyer, a limited liability company.
SUGAR LAND, TEXAS — Colliers International has secured the sale of the two-story, 15,543-square-foot Sweetwater Professional Plaza, an office property located at 4610 Sweetwater Blvd. in Sugar Land. The office property has been fully leased since its construction in 2002. Kolbe Curtice and Corbin Janssen of Colliers International represented the seller, Sweetwater Professional Plaza LP, in the transaction. Andy Hsu of AA Realty represented the buyer, 4610 Sweetwater LLC.
AUSTIN, TEXAS — The Houston office of Q10 Kinghorn, Driver, Hough & Co. (KDH) has arranged $22.26 million in acquisition financing for a 308-unit, Class A multifamily community located in Austin. The property is 99 percent occupied. Ray Driver III, Matt Franke and Ben Johnson of KDH arranged the loan through Great-West Life & Annuity on behalf of the borrower, a Canadian investor.
SAN ANTONIO — SRS Real Estate Partners has arranged the sale of a Chick-fil-A ground lease, located at 18310 Blanco Road in San Antonio. The property is located across from a Whole Foods and Super Target. Jason Middlebrook of SRS Real Estate Partners represented the seller in the transaction. The buyer was an out-of-state entity.