PITTSBURGH — ALTO Fund II, in a joint venture with M&J Wilkow Ltd., has acquired Plaza at the Pointe, a 149,943-square-foot community shopping center located in Pittsburgh’s Parkway West Corridor. The 94-percent occupied center includes tenants Bed Bath & Beyond, Party City and Old Navy. The name of the seller and sales price were not released.
HALTOM CITY AND CARROLLTON, TEXAS — Stream Realty Partners has negotiated two office property sales in Texas. In the first deal, Animal Intrusion Systems Holdings Co. sold a 7,687-square-foot office property located at 3330 N. Beach St. in Haltom City to CFH Transportation Services for an undisclosed price. Luke Davis and Mackenzie Ford of Stream Realty Partners represented the seller. In the second transaction, H&A Brothers purchased a 58,989-square-foot building located at 1501 Luna Road in Carrollton from Nu Vista Series 1D LLC. Ryan Boozer of Stream Realty Partners represented the buyer, while Lee & Associates LP represented the seller in the deal.
NEWARK, CALIF. — SAS Automotive Systems has pre-leased OMP Eureka Landing, a 142,188-square-foot advanced manufacturing property in Newark. The project will be located at 39888 Eureka Drive. It is situated two blocks west of Interstate-880 and less than five miles from Tesla’s Fremont plant. OMP Eureka Landing represents SAS’s first West Coast outpost where it will bring new manufacturing jobs to the Bay Area. Colliers International’s Mark Triska and Sanjiv Chadha represented SAS.
PORTLAND, ORE. — Alliance Residential Co. has purchased a 30,000-square-foot development site in Portland’s Pearl District for $5.8 million. The site is located at 1400 N.W. Raleigh St. It previously housed a 28,000-square-foot industrial building that has since been demolished. Alliance has already broken ground on a new 147-unit, six-story apartment building known as Broadstone Reveal. The project will also feature ground-floor retail. Gary Griff, Jim Lewis and Paul Carlson of Cushman & Wakefield’s Capital Markets team represented the seller, Diller Properties LLC.
GARLAND, TEXAS — Lee & Associates has brokered the sale of an industrial building located at 2701 National Drive in Garland, roughly 18 miles northeast of Dallas. An undisclosed buyer acquired the 8,056-square-foot property for an undisclosed sum. Brett Lewis and Taylor Stell of Lee & Associates represented the undisclosed seller, while Dana Duckworth of Coldwell Banker represented the buyer in the deal.
HOUSTON — Boyd Commercial/CORFAC International has arranged a lease for office space at 12 Greenway Plaza in Houston. Comcast of Houston LLC will occupy 18,133 square feet within the 15-story, 254,920-square-foot building. David Boyd of Boyd Commercial/CORFAC represented the tenant, while Warren Savery of Cousins Properties represented the landlord internally in the transaction.
DALLAS — Fox Restaurants Concepts has signed a lease for 5,500 square feet of restaurant space at The Union Dallas. The company plans to open a North Italia restaurant at the location in 2018. The modern, full-service pizza and pasta restaurant will be located on the ground level of the 800,000-square-foot office, residential and retail project in Dallas’ Uptown district. The property is owned by RED Development.
NEW YORK CITY — Cushman & Wakefield has arranged the sale of The Clarke, two contiguous buildings located at 222-224 W. 21st St. in Manhattan’s Chelsea neighborhood. Slate Property Group sold the property to a local investor for $29.4 million. The five-story buildings contain a total of 22,437 square feet and 27 free-market apartment units, including two Section 8 units, in a mix of one-, two-, three-, four- and five-bedroom layouts. Brock Emmetsberger and James Nelson of Cushman & Wakefield, along with David Schechtman, Lipa Lieberman and Abie Kassim of Meridian Capital Group, represented the seller. Jingying Wu of Sagewood Equity represented the buyer in the deal.
NEW YORK CITY — Seagis Property Group has acquired two warehouse buildings adjacent to JFK International Airport in Queens. The properties total 60,000 square feet. The name of the seller and acquisition price were not released. The acquisition complements Seagis’ existing JFK holdings, which total 850,000 square feet in 45 buildings.
CUMBERLAND, R.I. — Sweeney Real Estate & Appraisal has arranged the sale of a four-acre redevelopment site located at 15 Jones St. in Cumberland. Civic RI Central Falls Charter I LLC acquired the property for $1.3 million. Existing structures on the site include a 13,960-square-foot retail space and a 10,000-square-foot warehouse space. The buyer plans to demolish both buildings for the construction of a new charter school. Thomas Sweeney of Sweeney Real Estate & Appraisal brokered the deal.