DEERFIELD, ILL. — Quest Software, a software company, has signed a lease for 19,288 square feet of office space within the 38,000-square-foot building at 875 Weiland in Deerfield. Elise Couston and Bradley Weiner of Paine/Wetzel/TCN Worldwide represented the landlord, Deerfield & Weiland LLC, in the transaction. Royce Sharf and Kevin McLennan of Studley repesented Quest Software.
TAYLOR, MICH. — Aspen Dental, a dental care provider, has inked a 3,200-square-foot lease at the northwest corner of Eureka and Racho roads in Taylor, about 18 miles outside of Detroit. Gabe Schuchman, Tony Schmitt and Samantha Tullio of Mid-America Real Estate-Michigan represented the tenant in the transaction.
EAST WINDSOR, N.J. — Inland Real Estate Acquisitions has acquired 100 SciPark, a 65,552-square-foot office and laboratory building in East Windsor, for $17.6 million. Built in 2010, the property is fully occupied by the Elementis Worldwide subsidiary of Britain's Elementis PLC. The company, which will use the space for its world headquarters, converts organic chemicals and minerals into polymers for use in paints, cosmetics and other products. Andrew Merin, David Bernhaut, Gary Gabriel, Kyle Schmidt and Nick Karali of Cushman & Wakefield represented the seller, Woodmont Properties, in the transaction. They also secured the buyer.
GREENBURGH, N.Y. — Houlihan-Parnes Realtors has arranged a $4 million first mortgage loan for Greenburgh Shopping Center in Greenburgh. The 62,000-square-foot shopping center is located at 77-97 Knollwood Rd. The 5-year, non-recourse loan has a fixed rate of 4.5 percent, with a 30-year amortization schedule. Houliha-Parnes arranged the loan through a local bank and the borrower has the option to extend the loan for an additional 5 years.
NEWTON, MASS. — Sarben Realty Corp. has purchased 59-75 Wyman St., a 15-unit apartment complex in Newton, for $3.4 million. The property is fully leased and includes three, five-unit brick buildings. The site is located near the Massachusetts Bay Transportation Authority's Green Line. Carl Christie, Dan McGee and Henry Lieber represented the seller, Waban Realty LLC, in the transaction. They also procured the buyer.
NEW YORK CITY — Beech Street Capital has arranged a $16.8 million Fannie Mae loan for the refinancing of Allerton Avenue, a 144-unit apartment complex in the Bronx. Allerton Avenue consists of three separate parcels in the Bronxdale neighborhood. The property is 96 percent occupied. David Hayum of Meridian Capital Group originated the fixed-rate, 7-year loan, which has a 30-year amortization schedule.
TULSA, OKLA. — Steadfast Income REIT has acquired the 336-unit Sonoma Grande, an apartment community located in Tulsa, for $32.2 million. The property is 91 percent occupied and features a resort-style swimming pool with cabanas, an outdoor gourmet kitchen, fitness center, a tanning salon, playground and detached garages. Steadfast now has more than $200 million invested in 13 apartment communities in Illinois, Iowa, Kansas, Kentucky, Missouri and Oklahoma.
SAN ANTONIO — Kotel Investments has purchased a 40,330-square-foot industrial property, located at 12066 Starcrest Drive in north central San Antonio. The property consists of five tenants, including Soccer Factory and Ducati of San Antonio. Joshua Swank of Alamo Real Estate Brokers represented the buyer in the transaction.
KILLEEN — SRS Real Estate Partners has brokered the sale of the 10,200-square-foot Shops in Killeen, a shopping center located at 1100 Lowe's Blvd. in Killeen. The shopping center is fully leased. Jason Middlebrook of SRS Real Estate Partners represented the seller in the transaction.
AUSTIN — Oxford Commercial has arranged the lease of 31,298 square feet of industrial space at Tuscany 2, located at 9011 Tuscany Way in Austin. Joe Brockman of Oxford Commercial represented the tenant, Sherri Hill, in the lease transaction. Ace Schlameus of HPI represented the landlord. Oxford Commercial is a Cushman & Wakefield Alliance member.