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WINDSOR, CT-Griffin Land, the real estate division of Griffin Land & Nurseries Inc. of New York City, reports that it has acquired the remaining 70% interest in two, 80,000-sf office buildings that are part of the Griffin Center office complex here.
CAMDEN, NJ-In an expansion, Better Choice will move into its new facility from a 26,000-sf leased space nearby. NJEDA helped put together the financing package.
GREENWOOD VILLAGE, CO-The Dallas-based investment vehicle of real estate legend Trammell Crow pays $32.3 million for the 198,197-sf asset owned by James Campbell's estate. It was 99% leased when it was sold by Steve Suecthing and Leslee Superchi of Trammell Crow.
OAKLAND, CA-Crystal Pacific Mattress signs a five-year deal in Oakland for 35,000 sf and Berkeley Process Control negotiates a deal in Richmond for 21,000 sf.
WHEELING, IL-Schaumburg-based Durable Packaging International pays $9.9 million for Ohio-based Moen Faucet's building at 750 Northgate Pkwy., eliminating the need for multiple, overlapping subleases in the O'Hare submarket.
PHILADELPHIA-Richard F. Smith Jr. moves up to Oncor manager of the Wayne, PA-based company specifically to provide Philadelphia-based clients with real estate services in metropolitan areas around the world. He joined Smith Mack in December 2000.
DALLAS-One is a "north of $5.8 million" purchase of a 220,000-sf, class A high-rise in Shreveport's CBD. The other deal begins as a 43,000-sf pad site sale and ends in a build-to-suit lease with the developer of a retail center in Monroe.
TAMPA, FL-Pinellas Plaza LLC, a private Tampa, FL-based investment group, paid the Clinton, MS-based telecommunications company $6.3 million for a 124,983-sf, class A office building built in 1990 at an estimated $125 per sf, or about $15.6 million.
LONDON-Capital & Regional has sold its 50% stake in the Capital Hill Partnership, owner of the 160,000-sf Maybird Centre in Stratford-Upon-Avon, Warwickshire, to its partner Hermes Property Unit Trust.
AUSTIN-Aspyr Media gains double the office space in a relocation from the central submarket to the historic Kreisle Building. The firm wasn't necessarily looking at the downtown, but the property and terms make the deal fly.