SAN DIEGO — LevitZacks, a public accounting firm, has leased a 14,424-square-foot office space in downtown San Diego. The new space is in 450 B Tower, which is located at 450 B St. The firm will relocate from nearby 701 B St. LevitZacks was looking to upgrade its headquarters, while creating a more efficient floor plan and reducing its real estate costs. JLL’s Joe Bernstein and Bill Fleck represented LevitZacks in the lease. The firm’s Julie Kilpatrick will oversee the build-out for LevitZacks. CBRE represented the landlord, Bollert/LeBeau Inc.
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FORT WORTH, TEXAS — Peloton Land Solutions, a Fort Worth-based consulting and engineering firm, has moved its corporate headquarters to Alliance Town Center, Hillwood Commons I in Fort Worth. The company has leased more than 11,000 square feet of the Class A office complex, located within the city’s 900-acre, mixed-use business community, AllianceTexas. Peloton has also appointed Travis Clegg as its new business development manager.
AUSTIN, TEXAS — St. Clair Commercial Realty (SCCR) has purchased seven industrial buildings totaling 211,000 square feet on Techni Center Drive in Austin. While all buildings are located on separate parcels and vary in size from 3,600 to 36,000 square feet, the firm intends to collectively rebrand them as the “Techni Center Business Park.” Ryan Wilson and Matt Fain of Equitable Commercial Realty procured the sale for SCCR and have been retained to handle leasing as well.
ARLINGTON, TEXAS — American Motorcycle Trading Co., a supplier of pre-owned motorcycles, has acquired the former Star-Telegram Plaza, a two-story, 37,800-square-foot building at 3201 Airport Freeway in Arlington. At the time of sale, the property, which includes both office and retail space, had been vacant for a full year. Renee Efimoff represented the buyer of record, B&B Family Partnership, while Greg Hoffman of Colliers International represented the seller, Aberfeldy Properties Inc., a Delaware-based corporation.
TEMPLE, TEXAS — JLL Capital Markets has completed the sale of the Brentwood Apartments, a 128-unit, garden-style multifamily complex located at 3000 W. Adams Ave. in Temple, to RDO Properties LLC. Featuring a swimming pool, clothing care center and covered parking space, the complex is situated on 12.8 acres that were included in the purchase. JLL’s Scott LaMontagne, Moses Siller and Zar Haro represented the seller, the Estate of Leonard Apt, in the transaction. Proceeds from the sale will be donated to the Jules Stein Eye Institute at UCLA’s Department of Pediatric Ophthalmology.
The Silver Group Brokers Sale of Single-Tenant Investment Property in Metro San Antonio
by John Nelson
NEW BRAUNFELS, TEXAS — The Silver Group has arranged the sale of a 2.1-acre parcel featuring a 12,000-square-foot facility at 244 Creekside Crossing in New Braunfels, a northern suburb of San Antonio. Christus Santa Rosa Healthcare most recently leased the property, which shares the intersection of Interstate 35 and FM 306 with the Town Center at Creekside and Resolute Hospital. The Silver Group represented both the buyer and the seller, whose names were not disclosed.
BOSTON — Affiliates of Rockwood Capital have completed the disposition of Courtyard Boston Logan Airport, located at 225 William F. McClellan Highway in Boston. The 12-story hotel features 351 guest rooms, 2,257 square feet of function space, an indoor swimming pool, fitness room, business center, complimentary shuttle service and Brinkley’s Restaurant & Lounge. Daniel Peek, Denny Meikleham, KC Patel and Alan Suzuki of HFF represented the seller in the transaction. The name of the buyer and acquisition price were not released.
Ariel Property Advisors Arranges Sales of Two Multifamily Properties in Manhattan Totaling $11.6M
by Amy Works
NEW YORK CITY — Ariel Property Advisors has brokered two transactions of multifamily properties in Northern Manhattan. In the first deal, an undisclosed buyer acquired a 15,300-square-foot property, located at 304 E. 147th St. in Hamilton Heights, for $7.3 million. The building features 33 residential units in a mix of studio, one- and two-bedroom layouts. Victor Sozio, Shimon Shkury, Michael Tortorici, Matthew Gillis and Joshua Kwilecki of Ariel Properties represented the buyer and undisclosed seller. In the second transaction, an undisclosed buyer acquired an 11,105-square-foot apartment building located at 422 Saint Nicholas Ave. in Central Harlem for $4.3 million. The building features two two-bedroom units and eight three-bedroom units, as well as 9,178 square feet of air rights for future development. Victor Sozio, Joshua Kwilecki and Matthew Gillis represented the buyer and undisclosed seller in the deal.
MIDDLETOWN, CONN. — Chozick Realty has arranged the sale of Wilcox Apartments, located at 305 S. Main St. in Middletown. Up Realty acquired the property from Hamilton Point Wilcox Investors for $7 million, or $86,420 per unit. The 81-unit property features 11 different floor plans, including flats, lofts and townhome-style apartments. Rick Chozick and Steve Pappas of Chozick Realty represented the seller and procured the buyer in the transaction.
GREENWICH, CONN. — Houlihan-Parnes Realtors has arranged a $3.2 million first mortgage for a retail and office building located at 79 E. Putnam Ave. in Greenwich. Christie Houlihan of Houhlian-Parnes secured the financing for the undisclosed borrower. The non-recourse loan has a fixed interest rate for seven years. The 20,000-square-foot building was fully leased at the time of financing.