Property Type

SPIRITS PRODUCER SIGNS NEW HEADQUARTERS LEASE IN NYC

by admin May 10, 2012

NEW YORK CITY — Penrod Ricard USA has signed a lease for 82,300 square feet of office space at 250 Park Ave. in New York City. Penrod, a producer and importer of spirits and wines, will use the space for its U.S. headquarters. The company plans to relocate all employees from its Manhattan office and some employees from its Purchase, N.Y. office to the new building. David Hoffman, Robert Billingsley and Wendy Miller of Cassidy Turley represented the building owner, AEW Capital Management, in the transaction. Snezana Anderson, Michael Geoghegan and Christopher Corrinet of CBRE represented the tenant.

May 10, 2012

GE ENERGY TO OPEN $10M TRAINING FACILITY

by admin May 10, 2012

HOUSTON — GE Energy will invest $10 million into the development of a 50,000-square-foot oil and gas training facility, located at GE's Drilling System Technology Center in Houston. The facility is slated to open in the fourth quarter of 2012, and will create approximately 100 new technical jobs.

May 10, 2012

Civic Texas

S&P COMPLETES $4M PARK AND RIDE FACILITY

by admin May 10, 2012

LEAGUE CITY — Satterfield & Pontikes Construction has finished the construction of a $4 million Park and Ride facility for Gulf Coast Center MHMR Connect Transit, located at the University of Texas Medical Branch Victory Lakes campus in League City. The project includes a 1,872-square-foot terminal building and parking for more than 400 cars. PGAL provided architectural and design services, and The Goodman Corporation and the Office of Facilities Planning & Construction for UTMB-Galveston provided management services.

May 10, 2012

Industrial Texas

CADENCE MCSHANE FINISHES 253,838 SF TI ASSIGNMENT

by admin May 10, 2012

HOUSTON — Cadence McShane has completed the construction on a 253,838-square-foot tenant improvement assignment for an industrial property, located within the Guhn Road Distribution Center at 6535 Guhn Road in Houston. Cadence McShane worked on behalf of Forum Energy Technologies, completing a 20,000-square-foot office component and customized research and development space. Richard Moody Architects provided architectural services for the project.

May 10, 2012

Hospitality Texas

HOLIDAY INN SELECT NORTH DALLAS SELLS

by admin May 10, 2012

DALLAS — A 364-room Holiday Inn Select North Dallas, located at 2645 LBJ Freeway in Dallas, has been sold. The 217,789-square-foot, two-tower hotel features 14,223 square feet of meeting space and an indoor/outdoor atrium pool. Hank Wolpert of Colliers International's Dallas office represented the seller, LNR Property, in the transaction.

May 10, 2012

Multifamily Texas

HUDSON REALTY CAPITAL PROVIDES $5.6M MULTIFAMILY LOAN

by admin May 10, 2012

HOUSTON — Hudson Realty Capital has funded a $5.6 million bridge loan for a 275-unit, garden-style apartment complex, located in Houston's Sharptown/Westwood submarket. The 232,895-square-foot complex is 92 percent occupied and featues two swimming pools, a courtyard, laundry facilities, covered parking and patio/balconies for the units. The loan is being used toward the property's acquisition and capital improvements on behalf of the borrower, a multifamily property owner.

May 10, 2012

Multifamily Western

LA SERENA AT THE HEIGHTS RECEIVES $24.4M IN FINANCING

by admin May 10, 2012

HENDERSON, NEV. – The 360-unit La Serena at the Heights in Henderson has received a $24.4-million loan. The non-recourseFHA financing was provided by Red Mortgage Capital, LLC.

May 10, 2012

Multifamily Western

THE PROSPECT APARTMENTS SELLS FOR $3M

by admin May 10, 2012

LONG BEACH, CALIF. — The 10-unit Prospect Apartments in Long Beach has sold to H. & W. as J.T. or assignee for $3,045,000. The apartment community, located at 145 Prospect Ave., was completely rebuilt in 2010. The seller, a private investor, offered financing for 30 years at a 4 percent interest rate. The seller was represented by Robert Stepp of Hendricks & Partners’ West Los Angeles office.

May 10, 2012

Industrial Western

BOULDER ELECTRIC VEHICLE LEASES 27,714SF AT CHATSWORTH INDUSTRIAL FACILITY

by admin May 10, 2012

CHATSWORTH, CALIF. — Boulder Electric Vehicle has leased a 27,714-square-foot industrial building in Chatsworth. The building will allow the company to expand its manufacturing operation that is currently based in Boulder, Colo. The new center is located at 9655 Irondale Ave. Boulder Electric Vehicle was represented by Mike Fowler and Ben Stapleton of Jones Lang LaSalle Los Angeles.

May 10, 2012

Office Western

VERIFICATIONS SIGNS 20,179-SF LEASE AT WARNER CROSSING BUSINESS PARK

by admin May 10, 2012

TEMPE, ARIZ — Hiring solutions provider Verifications has signed a five-year lease for 20,179 square feet inside the Warner Crossing Business Park in Tempe. The lease is valued at $1.3 million. Verifications plans to utilize this space, located at 8260 South Hardy Drive, as its new Western service center. The company was represented by Mike Beall of Cushman & Wakefield. The business park’s ownership group, a West Coast special servicing company, was represented by Scott Nelson and Troy Nelson of Voit’s Phoenix office.

May 10, 2012

Newer Posts

Older Posts

Upcoming Events

Sep
15