Dealmakers
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NAIOP Dealmakers as of February 7, 2012
Industrial
NC, USA: Beacon Partners Grows Industrial Portfolio
Beacon Partners
Beacon Partners, one of the region's leading industrial and office developers, recently closed on the 2 million SF purchase of four Charlotte business parks: Century Place, Commerce Park, Granite Distribution Center and Carowinds Distribution Center. The acquisition brings Beacon's industrial portfolio to 5 million SF.
Contact: Robin Bookmiller, (704) 926-1389
FL, USA: Sold 8,000 Square Feet Industrial Space/Coral Springs
Total Real Estate Consultants
Bank owned property sold, 8,000 sq ft buyer is a pharmaceutical distribution business. Joe Pelayo represented the seller in the Coral Springs Corporate Park, build 2008. Corner unit office warehouse for $87.50 per square foot. Pelayo has been representing REO,Short sales & distress commercial properties in Coral Spring.
Contact: Joe Pelayo, CCIM, SIOR, CIPS, CDPE, EPRO, SFR, TRC, (954) 224-8773
CA, USA: 360 Commercial Partners Represents Vintage Design Incorporated, in Acquisition of 31,278 SQ FT Building
360 Commercial Partners
360 Commercial Partners represented Vintage Design Incorporated, in the acquisition of a 31,278 square foot industrial/R&D building located at 5 Whatney in Irvine. The company will utilize 5 Whatney as their corporate headquarters. Vintage purchased the property for an undisclosed amount from TKM Development, LLC.
Contact: Cristen, (949) 294-0655
VT, USA: Cushman & Wakefield Orchestrates 212,340-Square-Foot Lease Renewal for JELD-WEN
Cushman & Wakefield National Industrial
JELD-WEN, Inc. has signed a long-term lease renewal for 212,340 square feet of industrial space at 36 Precision Drive in North Springfield, Vt., announced Cushman & Wakefield. A global window and door maker based in Klamath Falls, Ore., JELD-WEN utilizes the site for product manufacturing for the New England region.
Contact: Evelyn Franicisco, (201) 796-7788
Office
NM, USA: TwoTrendsetting Masthead Buildings Sold To Private Equity Firm
Titant Development, Marcus & Millichap Real Estate
Titan Development announced the sale of a 191,175-square foot, two-building office portfolio in Albuquerque to Easterly Partners, a privately-held management firm headquartered in Washington, D.C. The sale was arranged by Marcus & Millichap Real Estate Investment Services and was in excess of $50 million dollars.
Green Development: LEED Gold
Contact: Drew Dolan , (505) 998-0163
CA, USA: Wind Water Realty Advisers Closed Transaction on a 16,854 SF Investment Deal
Wind Water Realty Advisers
Tibor Kelemen of Wind Water Realty Advisers represented California Pacific Homes in selling 3 leased investment properties totaling 16,854 SF in the Irvine Spectrum. The properties were acquired by E-Land Company & Triumshire International in an approximately $5,000,000 transaction.
Contact: Tibor Kelemen, (949) 231-5022 x103
KS, USA: Newmark Knight Frank Sells Southridge Medical Building
Newmark Knight Frank
Newmark Knight Frank has announced the $16.6 million sale of Southridge Medical Building, a 57,000 SF MOB adjacent to Saint Luke's South Hospital in Overland Park, KS, according to Michael Bennett, Senior Managing Director at the firm's downtown Chicago office.
KS Broker of Record: Bill White, White & Associates CRES
Contact: Brittany Diedrich, (312) 386-3152
MA, USA: Boston Young Men's Christian Union Evaluates Options For 48 Boylston Street, Boston
Richards Barry Joyce & Partners
The Boston Young Men's Christian Union hired RBJ to provide capital markets advisory services for 48 Boylston Street in Boston's Midtown area. 48 Boylston consists of 87,579 square feet of space, with office, retail, and the BYMCU's Gym and Athletic Club. The RBJ team includes Frank Petz, Thomas Ashe, and Garrett Hatton.
Contact: Dan Foley, (508) 272-0017
FL, USA: Ge Capital leases 49.980 RSF
Cushman & Wakefield
GE Capital leased 49.980 rsf in Flager center, Jacksonville, Florida. GE was represented by the Jacksonville Office Team, Buddy Register and Bob Retheerford. The location shall serve as a global clearing house for accounts receivable for GE customers.
Contact: Buddy Register, (904) 380-8341
WA, USA: Seattle Pioneer Square Office Portfolio Sale
Colliers
Dan Dahl and David Gurry, Senior Vice Presidents for Colliers, handled the disposition of three office buildings in Seattle on behalf of GE. The three historic buildings totaled 138,000 rsf and were 94% leased. Nicola-Crosby, of Vancouver BC, purchased the assets for $19.1M.
Contact: Dan Dahl, (206) 382-8543
TX, USA: KBS Strategic Opportunity REIT Adds 728,857 Square Feet
KBS Strategic Opportunity REIT
KBS Strategic Opportunity REIT and a joint venture partner have acquired a five-property office portfolio encompassing 728,857 square feet in Richardson, Texas, 12 miles north of Dallas . KBS-affiliated companies now own approximately 5.6 million square feet of commercial space in the greater Dallas/Fort Worth Metroplex.
Contact: Cindy Tullues, (714) 881-2310
Got a Deal to Report?
Dealmakers offers NAIOP members an opportunity to promote important commercial real estate transactions (15,000 square feet and over) including purchases, sales, major financing, awarding of property management contracts, groundbreaking and topping off, leases, land sales, mergers and acquisitions of office, industrial, retail and mixed-use developers. We do not cover company hirings, awards, company relocations, stock reports or other news. Note that coverage in Dealmakers is a NAIOP member privilege. Post your announcements online at http://www.naiop.org/membercenter/dealmakers/dealmaker_entry.cfm.
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