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NEW YORK CITY-Two weeks after closing on its $158-million acquisition of the 33-story property, the Taconic Investment Partners/New York State Common Retirement Fund venture secures a major loan for the asset.
CYPRESS, CA-The manufacturing company inks a 62-month lease for industrial space at 6185 Phyllis Dr. The new tenant is joining current occupants Foxconn and GTECH in the facility.
WOODLAND HILLS, CA-The insurance company takes 30,000 sf of space in a Warner Center office park owned by the REIT. The move will combine and expand two existing claims offices in Woodland Hills and Ventura.
ATLANTA-An 84,000-sf diagnostic and cancer-treatment facility adjacent to Union Regional Medical Center in Charlotte, NC, is slated to open in October. The new building and renovation of a 37,000-sf acute-care facility are funded by $25 million in A-rated revenue bonds.
CHICAGO-Steven D. Fifield's 17-story, 420,000-sf West Loop office tower will be 100% occupied by the company that once flirted with a relocation to the Glenview Naval Air Station redevelopment project.
BEE CAVE, TX-John Hagy Custom Homes veers into the office arena, taking on a 12,000-sf project in Bee Cave. The two-story building has been pre-leased to three real estate companies, all with projects now under way in western Travis County.
MIDLOTHIAN, TX-Dealmakers look ahead to the next closing now that Target has its deed to 124 acres at TXI/RailPort. Ground officially breaks as site work starts next week for the 1.35-million-sf center. Four deals for another 700,000 sf are in talking stages.
SCOTTSDALE, AZ-The buyers of the Sir Lancelot, a class C complex with a desirable Scottsdale address, ante up $15,000 more than the asking price to win the face-off with $1.2 million. The property, says the broker, is a prime repositioning candidate.
AURORA, CO-The Denver office of Minneapolis-based Opus Northwest, headed by John W. Shaw, will develop the 270-bed, 900,000-sf hospital in Fitzsimons. Opus Northwest also will redevelop the former Children's Hospital site.
CARSON, CA-TA Associates of Boston acquires the headquarters of Kenwood electronics for $15.3 million in a sale-leaseback. The industrial facility also serves as a distribution hub for Kenwood.