News

705 Tri-State Parkway, Gurnee, Ill.

CBRE Brokers 255 KSF Lease for Weiman

The tenant will occupy the entire building at 705 Tri-State Parkway in Gurnee, Ill., following a lease expansion of 100,418 square feet.

Delany Commerce Center, Wakegan, Ill.

HSA Inks Lease With Eagle Foods for IL Warehouse

The tenant signed a 98,251-square-foot long-term lease at Delany Commerce Center in Waukegan, Ill., planning to move in in December, after built-to-suit improvements are finalized.

Advocate Outpatient Center, Chicago

Advocate Health Care to Bring New Center to Chicago

The firm plans to convert the space on Clark Street into a state-of-the-art facility by early 2018. The property was formerly occupied by The Sports Authority,

Boston Investor Buys 168 KSF North Dallas Office Asset

Albany Road Real Estate Partners purchased the 10-story Hillcrest Tower. At the time of sale, the 168,189-square-foot property was less than 10 percent vacant.

Gatehouse Affiliate Opens Downtown Dallas Hotel

An affiliate of Gatehouse Capital opened a 132-key hotel in Dallas next to the Baylor University Medical Center. Aimbridge Hospitality manages Home2 Suites by Hilton Dallas Downtown at Baylor Scott & White.

The Campus at San Diego Business Park

Murphy Development Inks 386 KSF in San Diego

The company secured five different leases at the 542,197-square-foot Campus at San Diego Business Park and the 2.1 million-square-foot Siempre Viva Business Park, both in Otay Mesa.

Rendering of exterior improvements at 24th at Camelback in Phoenix

Hines to Renovate Phoenix Office Campus

The company plans to invest up to $1 million to upgrade the exterior of 24th at Camelback, a 627,000-square-foot office complex. The refurbishment is scheduled for completion by the end of the year.

Gramercy JV Buys 280 KSF Inland Empire Office Building

Working on behalf of Founders Properties, NKF brokered the sale of Northpointe in San Bernardino. TPG Capital teamed up with Gramercy Property to purchase the five-story asset.

7000 Central Park

Tenants Announced for Atlanta’s 7000 Central Park

The Class A office tower, currently undergoing an extensive modernization process, is part of CBRE’s “5-Star Worldwide” program.

Piper Jaffray Renews Lease, Relocates to AZ Camelback Esplanade

Lee & Associates brokered the 3,900-square-foot renewal, relocation and expansion for the lessee. CBRE worked on behalf of LBA Realty, the landlord.