GOODYEAR, ARIZ. — Saint-Gobain Glass Corporation has leased 140,000 square feet of manufacturing space at a facility in Goodyear located at 17300 W. Broadway Road. The energy-efficient building material company was represented by Tom Louer of Lee & Associates in Phoenix and Chris Robinson of Fischer & Associates. The landlord, BT Goodyear LLC, a subsidiary of BET Investments, was represented by Joe Porter, Pat Feeney, Dan Calihan and Rusty Kennedy of CBRE’s Phoenix office.
ALEXANDRIA, VA. — Cassidy Turley has brokered the $21 million sale of a 129,564-square-foot office building, located at 601 N. Fairfax St. in Alexandria. Jayne Shister of Cassidy Turley's Washington, D.C., office represented the undisclosed seller in the transaction. The buyer was 601 NF Associates, which plans to convert the building to residential use.
BOCA RATON, FLA. — Colliers International has arranged the sale of two office buildings in Boca Raton for a total of $6.7 million. Robert Listokin and Peyton Moore of Colliers International's Fort Lauderdale, Fla., office negotiated the sale of 10 separate office condominiums totaling 27,503 square feet, located at 4800 N. Federal Highway at Sanctuary Centre in Boca Raton. Listokin and Moore represented the seller in the transaction, First Southern Bank, and procured the buyer, Sanctuary Centre Partners. In a separate transaction, Los Angeles-based Aptium Oncology sold the 31,632-square-foot Boca Raton Comprehensive Cancer Center, located at 21020 N. State Road 7 in Boca Raton. Listokin and Moore represented the seller in the transaction.
GREENSBORO, N.C. — Coastal Apartment Advisors has brokered the $1.52 million sale of the 36-unit Wendover Ridge Apartments, located at 514 Coapman St. in Greensboro. Coastal Apartment Advisors represented the seller, CW Capital, and procured the undisclosed buyer.
CARY, N.C. — Walton Street Capital has sold the 176-room Woodland Terrace, a senior housing community located at 300 Kildaire Woods Dr. in Cary. CLW Health Care Services Group represented the seller in the transaction. The buyer was a Prudential-related entity. Kisco Senior Living, which was a minority partner for both the buyer and seller, will continue to manage the property.
OVIEDO, FLA. — NorthMarq Capital has arranged $17.75 million in first mortgage financing for the 240-unit Oviedo Grove, a multifamily property located on Oviedo Grove Circle in Oviedo. Lamar Sarra of the firm's Jacksonville, Fla., office secured the 7-year loan with a 30-year amortization schedule through Freddie Mac.
GRAND BLANC, MICH. — Ciena Healthcare has broken ground on the $8.5 million, 74-room Grand Blanc Care Center, a skilled nursing community located at 1330 Grand Pointe Ct. in Grand Blanc. The 68,000-square-foot facility will include short-term rehabilitation and long-term care suites, six bariatric rooms, a rehabilitative therapy room and a spa. Completion is slated for the summer of 2012.
MILWAUKEE — Micro Center has purchased a 5.7-acre former car dealership, located at 11221 and 11333 W. Burleigh St. in Milwaukee, from Michael S. Polsky, the court-approved receiver of the property, for $1.35 million. Don Zien of CBRE's Milwaukee office along with Joel Schneider of Atlas Partners' Chicago office represented the seller in the transaction.
ALTON, ILL. — NorthMarq Capital has arranged a $1.15 million, 2-year construction loan for a 2,714-square-foot Burger King, located at Homer Adams Parkway and Gold Road in Alton. Jeff Chaney, David Garfinkel and Mike Afentoullis of NorthMarq's St. Louis office secured the loan on behalf of the borrower, KS Real Estate. The property is fully leased to Burger King for 20 years.
NEW YORK CITY — A joint venture between Savanna and the Feil Organization, both based in New York City, has acquired the 375,000-square-foot 21 Penn Plaza, a 17-story office building located at the southeast corner of West 31st Street and Ninth Avenue in New York City. The joint venture has retained Brian Feil and David Turino of Jeffrey Management Corp., an affiliate of the Feil Organization, as the property manager and leasing agent. The property is currently 95 percent leased to tenants such as Saks & Co., Central Parking, Langan Engineering and Joseph Loring & Associates. The seller was a joint venture led by GHG Realty.