27A — October 25 - November 7, 2019 — M id A tlantic
Real Estate Journal
www.marej.com
M id A tlantic R eal E state J ournal
ICHMOND, VA — Masa Corporat i on renewed its lease of DeRegibus handles lease negotitaion of 14,960 s/f Cushman & Wakefield Thalhimer inks 55,910 s/f lease R lease negotiations on behalf of the tenant.
GHP Office Realty acquires 56,000 s/f flex office building in Armonk, NY
ARMONK, NY — GHP Of- fice Realty, LLC has ac- quired 28 Kaysal Court in Armonk, in an off-market sale. The property is comprised of a 56,000 s/f flex building, on- site back-up generator, two loading docks, and close to 200 parking spaces. The property is currently 81% leased to six tenants. GHP has plans to renovate the loading dock area to create a more modern façade as well as upgrade some mechanics within the building for more efficiency. Nicholas Pepe of Bianco Pepe , the seller of 28 Kaysal Court, was represented by Do- menickD’Apice of Standard Realty Corp. Attorney Elizabeth Smith
of Goldberg Weprin Finkel Goldstein, LLP represented GHP in the transaction. First American Title arranged the title for the deal. GHP has recently acquired over 830,000 s/f of commercial space in Westchester. They continue to invest in the lo- cal market by investing mil- lions in capital improvements. Their most recent acquisitions include two office complexes in Elmsford and Valhalla. GHP Office is the current owner and operator of Taxter Corporate Park at 555-565 Taxter Rd., which is a two- building 371,224 s/f complex in Elmsford and 115-117 Ste- vens Ave., which is a 182,630 s/f two-building complex in Valhalla.
handled the lease negotiations. Five Guys leased 2,700 s/f in Shops at Stratford Hills at 7101 Forest Hill Ave. in the City of Richmond. James Ashby IV and Reilly Marchant handled the lease negotiations. Starbucks leased 2,228 s/f at 6980 Forest Hill Ave. in the City of Richmond, VA. Nicki Jassy and Pete Waldbauer handled the lease negotiations on behalf of the tenant. Buehler & Berryhill Finan- cial Partners, LLC leased 1,503 s/f at 250 Wylderose Commons, Suite 202 in Chesterfield Coun- ty. Jack Hoade handled the
Trilogy Hair Salon renewed its lease of 1,400 s/f at 3217 Skipwith Rd. in Henrico Coun- ty. Michael Shaia handled the lease negotiations. Edward Jones leased 1,200 s/f at 13867 Village Place Dr. in Chesterfield County. Annie O'Connor handled the lease negotiations on behalf of the tenant. ZaZoli Sweets, LLC renewed its lease of 1,177 s/f at 308 Libbie Ave. in the City of Rich- mond. Michael Shaia handled the lease negotiations.
55,910 s/f at 2218 Station Rd. in Ches- terfield Coun- t y . E v a n Magrill han- dled the lease negotiations. P r o d u c - tiveAV leased
Evan Magrill
14,960 s/f at 1600 Belleville Street in the City of Richmond. Isaac DeRegibus handled the lease negotiations. The Juicy Crab leased 5,850 s/f in Southgate Square at 44-100 Southpark Blvd. in Co- lonial Heights. Alicia Brown and ReillyMarchant handled the lease negotiations. Forest Ambulance Service, Inc. leased 4,655 s/f in Gaskins Centre at 3801-3827 Gaskins Rd. in Henrico County. Gregg Beck handled the lease ne- gotiations on behalf of the tenant and Evan Magrill and Dean Meyer represented the landlord. Collector's Haven renewed its lease of 3,000 s/f at 6112- A Lakeside Ave. in Henrico County. Richard Thalhimer FCP acquires Portofino Apts. in Atlanta, GA for $19 million CHEVY CHASE, MD — FCP announced the $19 mil- lion acquisition of Portofino Apartments, a 234-unit garden apartment community at 1250 Brockett Rd. in the Atlanta, GA suburb. The acquisition marks FCP’s 6th investment in the Atlanta area this year, bringing the firm’s Atlanta portfolio to 2,164 units. FCP assumed an existing Fannie Mae loan as part of the trans- action. “Portofino Apts. are located in an improving submarket with excellent access to ma- jor transportation corridors,” said FCP VP, Alex Cath- cart . “Portofino adds to FCP’s growing portfolio of workforce housing communities, provid- ing residents with one of the most affordable options in the Atlanta area.” Pinnacle Management , currently man- aging 18 communities for FCP throughout the Southeast, will manage the property, which is located 15 minutes from recent FCP investments, Estuary and Mirador at Peachtree.
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