Property Type

PUBLISHING COMPANY TAKES THREE FLOORS AT 200 S. MICHIGAN IN CHICAGO

by admin January 11, 2012

CHICAGO — Johnson Publishing Co., a Chicago-based media firm, has executed a long-term lease agreement for 40,000 square feet at 200 S. Michigan Ave. in Chicago. Johnson will occupy the top three floors of the 357,777-square-foot office building. Jeff Bernstein, Ben Azulay, Andrew DeMoss of Bradford Allen Realty Services represented the landlord, BPG Properties, in the transaction. David Herbert and Michael D'Angelo of UGL Services represented Johnson Publishing. Through its media division, the company publishes Ebony and Jet magazines, among others.

January 11, 2012

MERIDIAN SECURES $6.3 MILLION LOAN FOR SEVEN-STORY BRONX BUILDING

by admin January 11, 2012

NEW YORK CITY — Meridian Capital Group has negotiated $6.3 million in financing for the purchase of a seven-story multifamily building, located on Bronx Boulevard in the Bronx. A local savings bank provided the 10-year loan, which carries a 3.6 percent interest rate. Charles Grussgott of Meridian's New York office arranged the loan. The property includes 92 apartment units.

January 11, 2012

Industrial Northeast

B.U.L.U. BUYS 78,000-SQUARE-FOOT INDUSTRIAL BUILDING IN NEW HAMPSHIRE

by admin January 11, 2012

NASHUA, N.H. — Israeli-based investor, B.U.L.U. LLC has purchased a 78,000-square-foot flex/manufacturing building, located at 24 Simon St. in Nashua. The building is fully leased to Axysys Technologies, an imaging and optical systems manufacturer. Andrew Sandquist of CBRE Capital Markets Group represented the seller, Hampshire Co., in the transaction.

January 11, 2012

Civic Northeast

PRIVATE UNIVERSITY SIGNS LONG-TERM LEASE AT FULTON CROSSING

by admin January 11, 2012

NEW YORK CITY — Pace University has signed a new 20-year lease for 50,000 square feet at Fulton Crossing, located at 140 William St. in New York. The private university will occupy the entire seven-story property and use it for classrooms, faculty offices and performance space for Pace's dance programs. Peter Braus, James Wacht, Gabe Isaacs, Peter Levitan and Garry Steinberg of the New York office of Lee & Associates represented the landlord, Crikos LLC, in the transaciton. David Falk and Kyle Ciminelli of Newmark Knight Frank represented the tenant.

January 11, 2012

Seniors Housing Texas

CADDIS, MCFARLIN DEVELOPING ASSISTED LIVING FACILITY

by admin January 11, 2012

MURPHY — Dallas-based Caddis Partners and the McFarlin Group are developing the 78-unit Orchard Park of Murphy, a 90-bed assisted living facility located at the southeast corner of FM 544 and Brand Road in Murphy. The project is funded by Love Funding through the Department of Housing and Urban Development's 232 LEAN program. Good Neighbor Care will manage the day-to-day operations, Galier/Tolson/French is the project's architect and Weis Builders' Dallas branch is providing general contracting services. Construction is currently under way and completion is slated for the summer of 2012.

January 11, 2012

Industrial Texas

104,989-SQUARE-FOOT INDUSTRIAL FACILITY IN FORT WORTH SELLS

by admin January 11, 2012

FORT WORTH — High Street Equity Advisors has purchased a 104,989-square-foot industrial building, located at 5401 Alliance Gateway in Fort Worth. Todd Hubbard of NAI Robert Lynn represented the seller, 1085 Partnership Ltd., in the transaction.

January 11, 2012

Healthcare Texas

MEDPROPERTIES MAKES EQUITY INVESTMENT IN HEALTH CENTER

by admin January 11, 2012

FLOWER MOUND — MedProperties Holdings has made an equity investment in the 42,000-square-foot Flower Mound Health Plaza, a medical center being developed on a 5-acre site located at FM 2499 and Cross Timbers Road in Flower Mound. Caddis Partners is developing the property, which will begin construction this month and is slated for a December 2012 completion. Caddis has also made an equity investment in the property, along with several physician tenants.

January 11, 2012

Multifamily Texas

M&M BROKERS SALE OF DIAMOND LOCH APTS.

by admin January 11, 2012

NORTH RICHLAND HILLS — Marcus & Millichap has arranged the sale of the 138-unit Diamond Loch, an apartment community located at 6100 Glenview Dr. in North Richland Hills. Bard Hoover and Nick Fluellen of Marcus & Millichap's Dallas office represented the seller, a local limited liability company, and procured the buyer, a Dallas-based investor, in the transaction. Brian Adams of Marcus & Millichap Capital Corp.'s Dallas office arranged a 10-year Fannie Mae loan with a 30-year amortization schedule for the property.

January 11, 2012

Industrial Texas

SKYWALKER PROPERTY PARTNERS ACQUIRES INDUSTRIAL FACILITY

by admin January 11, 2012

JUSTIN — SkyWalker Property Partners has purchased a 43,259-square-foot, six-building industrial complex, located at 9534 Industrial Rd. in Justin, from Valliance Bank. Renee Efimoff of Arlington-based SCM Real Estate Services represented the buyer in the transaction. Michelle Hudson of Dallas-based Hudson Peters Commercial represented the seller. Jeff Givens and Todd Hawpe of Transwestern Dallas have been retained to market the property.

January 11, 2012

Industrial Western

ALL BODY FITNESS LEASES VALENCIA INDUSTRIAL BUILDING

by admin January 11, 2012

VALENCIA, CALIF. – All Body Fitness has signed a 62-month lease for a 36,498-square-foot industrial building in Valencia. The building is located at 28328 W. Witherspoon Parkway and was built in 2000. All Body Fitness was represented by Trevor Gale of Beitler Commercial. Dennis Marciniak andLarry McEwan of DAUM’s San Fernando Valley office represented the landlord, Young Generation Video.

January 11, 2012

Newer Posts

Older Posts

Upcoming Events

Sep
23