PARSIPPANY, N.J. — Hollister Construction Services has completed a 55,000-square-foot, interior fit-out for Pinnacle Food Group at 399 Jefferson Road in Parsippany. The project included the construction of new office areas, a lobby and a food service area. Gensler served as the architect for the project. Pinnacle Foods is a producer, marketer and distributor of branded food products.
ARLINGTON AND SUNNYVALE — Dallas-based Caddis Partners has sold two medical office buildings — The Texas Medical Clinic at Arlington in Arlington and Sunnyvale Medical Plaza in Sunnyvale — to an affiliate of American Realty Capital Healthcare Trust. Caddis Partners will continue to manage the properties. The Texas Medical Clinic at Arlington is 66,819 square feet and features space for 40 physicians. The property features an on-site lab, a sleep lab, a conference room and a women's center with diagnostic imaging. The medical office building was developed by Caddis Partners in 2010. Sunnyvale Medical Plaza is 48,910 square feet on the campus of the Texas Regional Medical Center at Sunnyvale. The 70-bed hospital was developed by Caddis Partners in 2009.
HOUSTON — Emser Tile has renewed its lease of a 417,350-square-foot distribution center, located at 9835 A Genard Road in Houston's Northwest submarket. First Industrial Realty Trust, the landlord, was self-represented by Royal Pratt. As of March 31, First Industrial's 3.6 million-square-foot portfolio in Houston was 99 percent leased.
HOUSTON — ICO Commercial has brokered the sale of 6,300 square feet of office/warehouse space, located at 14814 Park Almeda Drive in Houston. Nick Peterson and Payton Indermuehle of ICO Commercial represented the buyer, K&K Depeuter Investments, in the transaction. Clay Pritcett of NAI Houston represented the seller.
CARLSBAD, CALIF. — The Jefferson House I and Jefferson House II senior apartment projects in Carlsbad have received a total of $6.3 million to refinance. The loans were arranged by James Dick of Newmark Realty Capital’s San Diego office through Fannie Mae’s multifamily loan program.
PHOENIX — A 77,337-square-foot, Class A office building called 101 Corporate Center has sold to 101 Corporate Center LLC for $6.2 million. The building is located at 19820 N. Seventh Street in Phoenix. The center is currently 45 percent leased. The seller, Gregg Williams of Trident Pacific Real Estate, who was the court-appointed receiver for the asset, was represented by Glenn Smigiel, Bob Young, Steven Brabant, Rick Abraham, Ashley Brooks, Jim Bayless and Nancy Romanovsky of CBRE’s Phoenix office.
CARLSBAD, CALIF. — Linear LLC has signed a 72-month lease renewal for 53,022 square feet of office space at Carlsbad Corporate Center. The center is located at 1950 Camino Vida Roble in Carlsbad. Linear occupies about 44 percent of the building’s total 121,541 square feet. The company was represented by CBRE’s Rob Gunness. The landlord, Parallel Capital Partners, was represented by Dennis Visser of Cassidy Turley.
WASHINGTON, D.C. — Forest City Washington, the Mid-Atlantic hub of Forest City Enterprises, has started the adaptive reuse of the 30,000-square-foot Lumber Shed, a former industrial property located on Water Street in Washington, D.C. The property sits in The Yards, a 5.5 million-square-foot redevelopment of the former Navy Yard property in the Capitol Riverfront district of Washington, D.C. The two-level glass pavilion will feature five restaurants on the ground floor and office space on the upper level. Osteria Morini, an Italian restaurant concept of the Altamarea Group, has signed a 4,250-square-foot lease as the first restaurant tenant. Completion is slated for the third quarter of 2013.
PANAMA CITY BEACH, FLA. — Scenic Highway Partners, a subsidiary of Atlanta-based Freeman Partners, has acquired the remaining 42 condo units at the 145-unit Sterling Breeze Beach Resort, located at 16701 Front Beach Road in Panama City Beach, for $7.5 million. Amenities include a gulf-front infinity edge pool and spa, poolside wine bar and Internet cafe, state-of-the-art fitness center and covered parking. Bill Thomas of Edgewater Beach Realty represented the seller, Sterling Breeze Holdings, in the transaction.
LAKELAND, FLA. — The 233-lot Stoll Manor Mobile Home Park, a manufactured housing community located at 1123 Walt Williams Road in Lakeland, has sold for $2.15 million. Park amenities include a clubhouse, pool, playground and basketball court. Dan Mulkey of Marcus & Millichap's Tampa, Fla., office represented both parties in the transaction.