more_sales_and_leases

NAI Hanson Arranges Sale of 26,000 SF Industrial Building in South Hackensack, New Jersey

by Amy Works February 3, 2017

SOUTH HACKENSACK, N.J. — NAI James E. Hanson has brokered the sale of an industrial building located at 262 Green St. in South Hackensack. Alan Party Rental acquired the 26,000-square-foot building from A&E Green Realty, Rosemont Court Associates and Dody Road Associates for an undisclosed price. The freestanding building features 2,500 square feet of office space, 40 parking spaces, two tailgates and one drive-in door. Jeff DeMagistris and Thomas Vetter of NAI Hanson represented the sellers in the deal.

February 3, 2017

Industrial Northeast Pennsylvania

LBP Manufacturing Signs 101,935 SF Industrial Lease in Jessup, Pennsylvania

by Amy Works February 3, 2017

JESSUP, PA. — LBP Manufacturing has signed a lease for 101,935 square feet of industrial space at 7 Alberigi Drive in Jessup. The national food packaging manufacturer will occupy space at Endurance Real Estate Group’s three-building I-81/NEPA Bulk-Industrial Portfolio. Daniel Walsh and Gerry Blinebury of Cushman & Wakefield represented the landlord, an affiliate of Endurance, while Jason Webb, Lee Fittipaldi and Kris Bjorson of JLL represented the tenant in the deal.

February 3, 2017

Illinois Midwest Office

Home Chef Signs 29,095 SF Office Lease at the Wrigley Building in Chicago

by Kristin Harlow February 3, 2017

CHICAGO — Home Chef has signed a 29,095-square-foot office lease at the Wrigley Building in Chicago. The site will serve as the weekly meal delivery service’s new headquarters. Home Chef previously occupied headquarters space at 225 West Ohio St. The company will occupy the 14th floor of both the North and South Wrigley Towers, which are connected by a sky bridge. John Skalla and Craig Nadborne of Bradford Allen competed the lease transaction on behalf of Home Chef. The transaction is a sublease between Home Chef and Extreme Reach, which was represented by John Ziesmer and Kevin Moore of Avison Young.

February 3, 2017

Industrial Texas

Cypressbrook Arranges 40,352 SF Industrial Lease in Houston

by Amy Works February 2, 2017

HOUSTON — Cypressbrook Co. has arranged the lease of industrial space at Prologis Pine Forest, an industrial park located at 575 W. 38th St. in Houston. SRG Ventures, a custom furniture maker, will occupy 40,352 square feet of space at the development. John Hornbuckle and Joyce Sterling of Cypressbrook Co. represented the tenant, while Beau Kaleel and Allison Hall of Cushman & Wakefield represented the landlord, PrologisWN2 LLC, in the transaction.

February 2, 2017

Office Texas

Colliers Brokers 30,137 SF Office Lease in Uptown Dallas

by Amy Works February 2, 2017

DALLAS — Colliers International has arranged the lease of office space at Rosewood Court, an office building located at 2101 Cedar Springs Road in Dallas’ Uptown district. CyrusOne LLC, a data center solutions and colocation services provider, will relocate its corporate headquarters to 30,137 square feet at the property. David Wetherington, Tyler Howarth and Chelsea Story of Colliers International represented the tenant, while Mike Wyatt and Travis Boothe of Cushman & Wakefield represented the undisclosed landlord in the deal.

February 2, 2017

Industrial New Jersey Northeast

Endurance, Thackeray Partners Acquire 305,250 SF Warehouse Facility in Mount Laurel, New Jersey

by Amy Works February 2, 2017

MOUNT LAUREL, N.J. — An affiliate of Endurance Real Estate Group and Thackeray Partners have purchased a warehouse and distribution facility located at 2000 Bishop Gate Blvd. in Mount Laurel. An undisclosed corporate user sold the 305,250-square-foot property for an undisclosed price. The property features 30-foot clear ceiling heights, 25 dock-high loading doors, an ESFR sprinkler system and Comcast fiber service. CBRE represented the seller in the transaction.

February 2, 2017

Multifamily Northeast Rhode Island

CBRE/NE Negotiates Sale of 85-Unit Apartment Building in Rhode Island

by Amy Works February 2, 2017

PROVIDENCE, R.I. — CBRE/New England has arranged the sale of Grant Mill, an apartment building located in Providence. Brady Sullivan Rhode Island Properties sold the 85-unit building to an affiliate of Heritage Properties for an undisclosed price. Converted from a mill building into an apartment property in 2009, Grant Mill features 85 units in a mix of one-, two- and three-bedroom units, a community room with billiards, fitness center, media room, resident storage, 111 surface parking spaces and 28 garage parking spaces. Simon Butler and Biria St. John of CBRE/NE represented the seller and procured the buyer in the deal.

February 2, 2017

New York Northeast Office

Royal Bank of Canada Renews 400,000 SF Office Lease in Lower Manhattan

by Amy Works February 2, 2017

NEW YORK CITY — Royal Bank of Canada has renewed its 400,000-square-foot lease of office space at 200 Vesey Street at Brookfield Place New York in Lower Manhattan. RBC Capital Markets, the corporate and investment banking arm of Royal Bank of Canada, will continue to occupy floors 6 (partial), 8-12, 14 and 25 (partial) at the 51-story office tower until 2032. Bruce Mosler, Ethan Silverstein, Dale Schlather, Al Edwards, John Bestill and Chuck Scott of Cushman & Wakefield represented the tenant. The landlord, Brookfield Properties, was represented in-house.

February 2, 2017

Northeast Pennsylvania Retail

Bennett Williams Commercial Arranges Sale of 70,692 SF Retail Center in East Hempfield, Pennsylvania

by Amy Works February 2, 2017

EAST HEMPFIELD, PA. — Bennett Williams Commercial has brokered the sale of Wheatland Shopping Center, a retail center located at 1761-1835 Columbia Ave. in East Hempfield. Nico Wheatland LLC acquired the 70,692-square-foot property from Homewood Realty for an undisclosed price. Chad Stine and Brad Rohrbaugh of Bennett Williams Commercial represented the buyer, while Stine, Rohrbaugh and Gary Russell of Bennett Williams represented the seller in the deal.

February 2, 2017

Multifamily Utah Western

The Gate at Canyon Ridge Apartments in Ogden Changes Hands

by Nellie Day February 2, 2017

OGDEN, UTAH — A California-based buyer has acquired The Gate at Canyon Ridge, a 167-unit multifamily property in Ogden, for an undisclosed sum. The community is located at 1455 Valley Drive. The property is located near the mouth of Ogden Canyon and features an overlook of Ogden Valley and the Great Salt Lake. James Wadsworth and Greg Barratt of Berkadia executed the transaction. The seller is also based in California.

February 2, 2017

Newer Posts

Older Posts

Upcoming Events

May
07