more_sales_and_leases

GHP Office Realty Brokers $4M Sale of Mixed-Use Property Sale in Yonkers

by Amy Works October 23, 2014

YONKERS, N.Y. — GHP Office Realty has arranged the sale of a three-story mixed-use building located at 1179 Yonkers Ave. in Yonkers. Juster Development purchased the property for $4 million or $200 per square foot. The building features 20 rent-regulated apartments and seven retail stores. Jamie Schwartz of GHP Office Realty represented the seller, a private New York City investor, in the deal. Gary Juster and Michael Juster, principals of Juster Development, served as in-house representation for the buyer. John Dunne of Lynn, Gartner, Dunn & Covello LLP provided legal counsel for the seller, while Steven Hirsch of Hirsch & Gibaldi LLP was counsel for the buyer.

October 23, 2014

Industrial Texas

HFF Brokers Sale of Industrial Property in North Houston

by Haisten Willis October 23, 2014

HOUSTON — HFF has brokered the sale of Cypress Business Center, a 103,979-square-foot flex distribution center in Houston. HFF marketed the property on behalf of the seller, Cypressbrook Co. Industry Capital, on behalf of an affiliated fund, which purchased the center for an undisclosed amount. Cypress Business Center is located just off I-45 and Cypress Creek Parkway at 301-305 Wells Fargo Drive in north Houston. The property is 74 percent leased to tenants including AutoZone, DKNXT, DynaQual, Charis Bible College, Premiere Safeguard and Speed Printing & Office Supply. Rusty Tamlyn and John Indelli led HFF’s investment sales team.

October 23, 2014

Office Texas

Henry S. Miller Arranges Lease of Office Property in Dallas

by Haisten Willis October 23, 2014

DALLAS — Henry S. Miller has arranged the lease of a 36,092-square-foot office and warehouse building in Dallas. Dan Spika of Henry S. Miller’s Dallas-Fort Worth office worked on behalf of the tenant, Procraft Cabinetry. Mitch Pruitt represented the landlord, Prologis. The building is located in Prologis Dallas Corporate Center One at 2230 LBJ Freeway.

October 23, 2014

Industrial Texas

NAI Houston Arranges 14,700 SF Industrial Lease in Houston

by Haisten Willis October 23, 2014

HOUSTON — NAI Houston has arranged the lease of a 14,700-square-foot industrial space located in Houston to RST Global Solutions Gulf of Mexico LLC. John Ferruzzo and Michael Keegan of NAI Houston represented the landlord, Woodvine Capital Partners LTD. Greg Egan of Leasesquarefeet.com represented the tenant, RST Global Solutions Gulf of Mexico.

October 23, 2014

Colorado Industrial Western

Armstrong Steel Corporation Leases Space in Englewood

by Nellie Day October 23, 2014

ENGLEWOOD, COLO. – Armstrong Steel Corporation has leased 34,652 square feet of industrial space in Englewood. The space is located at 3755 South Lipan Street. Armstrong was represented by Buzz Joerdens of Real Property Associates. The landlord, Consolidated Steel Services, was represented by Alec Rhodes, Tyler Smith and Aaron Valdez of Cassidy Turley.

October 23, 2014

California Retail Western

In-N-Out Burger Leases Space at the Shoppes at Westlake Village

by Nellie Day October 23, 2014

LOS ANGELS – In-N-Out Burger has leased 3,800 square feet at the Shoppes at Westlake Village. The retail center is located just off the 101 freeway at Lindero Canyon Road in the Los Angeles submarket of Westlake Village. The burger chain was represented by Keith Kleinman and Mark Esses of California Realty Group. The landlord, Selleck Development Group, was represented by Lee & Associates.

October 23, 2014

Industrial South Carolina Southeast

Alliance Partners Acquires Viking Warehouse in Spartanburg

by John Nelson October 23, 2014

SPARTANBURG, S.C. — Alliance HSP Spartanburg LLC, an affiliate of Alliance Partners HSP LLC, has acquired the Viking Warehouse, a 350,000-square-foot warehouse/distribution facility in Spartanburg. Campbell Lewis of CBRE represented Alliance in the transaction. The facility is comprised of two warehouse buildings located on a 28.7-acre site at 2071 Fryml Drive. The property was formerly occupied by American Fast Print but was vacant at the time of sale. Alliance plans to invest in capital improvements to the property and reposition it from a Class C asset to a Class A asset. Completion of the renovation is expected for spring 2015. Campbell Lewis and John Scott of CBRE will be responsible for leasing Viking Warehouse, and Steve Campbell of CBRE will oversee property management.

October 23, 2014

Midwest Office Wisconsin

KW Commercial Midwest Arranges Sale of 18,372 SF Office Property in Hudson, Wis.

by Danielle Everson October 22, 2014

HUDSON, WIS. — KW Commercial Midwest has arranged the sale of an 18,372-square-foot, single-story multi-tenant office/flex center in Hudson. Gateway Business Center is located at 1301 Gateway Circle. The building includes six office suites and a 2,400-square-foot mezzanine office. Tom Baker and Dave Finigan of the Eagan, Minn.-based office of KW Commercial Midwest represented the seller, Eagle Valley Bank, and the buyer, private investors.

October 22, 2014

Hospitality Texas

M&M Arranges Sale of Holiday Inn Express in San Angelo

by Haisten Willis October 22, 2014

SAN ANGELO, TEXAS — Marcus & Millichap has arranged the sale of Holiday Inn Express San Angelo, a 68-room hotel. Chris Gomes and Allan Miller of Marcus & Millichap’s San Antonio office marketed the property on behalf of the seller, a limited liability company. Gomes procured the buyer, a private investor. The property is located at 4613 Houston Harte Expressway, near Highway 67. Amenities include a business center, gym, pool and spa.

October 22, 2014

Retail Texas

Nutrition Nation Opens in Metro Dallas

by Haisten Willis October 22, 2014

CARROLLTON, TEXAS — Nutrition Nation, a sports and nutritional supplement retailer, has signed a lease for 2,100 square feet in Carrollton, a Dallas suburb. The new location will open in November at the southeast corner of Trinity Mills and Marsh Lane. Maury Levy and Robert Luleff of UCR Dallas represented the landlord, 2810 East Trinity Mills Road Holdings. Khan Dynasty LLC represented the tenant.

October 22, 2014

Newer Posts

Older Posts