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Valley National announced on Feb. 13 it planned to engage in a sale/leaseback on a total of 29 properties that includes 28 branches and one corporate location for a total aggregate purchase price of approximately $107 million.
Three new leases at West Half signed recently total 7,487 square feet and include Union Kitchen Grocery, which will open its fourth location in DC totaling 3,931 square feet.
Intuition, LLC, which also has offices in Clearwater and Tallahassee, FL and Tempe, AZ, will relocate 175 employees from its current Jacksonville offices at 9428 Baymeadows Rd. to the complex in the fourth quarter of this year.
The company, which also has offices in Charlotte, NC, reports that Justin Siemens has been named president, Carolinas. Siemens is now responsible for sourcing, evaluating, and structuring new development and acquisition opportunities throughout the region.
The property adjacent to Interstate 85 at 117 Valentine Industrial Parkway totals 1.021 million square feet and was recently completed by USAA Real Estate/Seefried of Atlanta.
In conjunction with the deal, which is expected to close within the next 45 days, the two firms in a joint announcement reported that Roseview Group CEO Vince Costantini will serve as CEO of the combined firm.
In early 2019, WeWork announced its first lease in Tampa in the Tampa Heights district. WeWork at The Heights will be located at a mixed-use development being built at 2002 N. Tampa St. on the northern end of Downtown Tampa.