$96 million sale of Quest Diagnostics building closed by HFF in Santa Clarita, CA

Quest Diagnostics Lab and Offices, 27027 Tourney Road, Santa Clarita, CA

Ryan Gallagher

IRVINE, CA – HFF announced today that it has closed the $96 million sale of 27027 Tourney Road in Santa Clarita, California.  The property includes a 226,441-square-foot, Class A, state-of-the-art lab and office facility occupied by Quest Diagnostics in northern Los Angeles County, California.

HFF marketed the property on behalf of the seller, Clarion Partners.  The buyer is American Realty Capital Global Trust, Inc. 

Quest Diagnostics is the world’s leading provider of diagnostic testing and is one of the largest biomedical companies in the U.S.  Situated on a 14-acre site in Santa Clarita, the property is adjacent to Interstate 5 and is 40 miles from Los Angeles International Airport (LAX). 

The HFF investment sales team representing the seller was led by senior managing director Ryan Gallagher, managing director Mike McCann, director Andrew Harper and associate director Nick Foster. 

“This property is a true mission critical facility for the tenant.  We continue to see an abundance of liquidity for net lease opportunities across the country,” Gallagher said.

Andrew Harper

Clarion Partners has been a leading U.S. real estate investment manager for 32 years.  Headquartered in New York, the firm has offices in major markets throughout the U.S., in São Paulo, Brazil, and London, England, as well as a presence in Mexico. 

With more than $30 billion in total assets under management, Clarion Partners offers a broad range of real estate strategies across the risk/return spectrum to its more than 200 domestic and international institutional investors.  

More information about the firm is available at www.clarionpartners.com.

American Realty Capital Global Trust, Inc. (“ARC Global”) is a global sale-leaseback focused real estate investment trust.  

ARC Global seeks to purchase commercial properties with the objective of building a diversified pool of assets, emphasizing corporate sale-leaseback transactions involving single tenant properties.  

ARC Global’s primary geographic targets are concentrated in both the United States and Europe, with the remaining balance purchased elsewhere internationally.

For a complete copy of the company’s news release, please contact:

Olivia Hennessey

Public Relations Coordinator

HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046

tel 713.852.3403 | fax 713.527.8725 | www.hfflp.com

ohennessey@hfflp.com

Hold-Thyssen Negotiates Seven Lease Agreements Totaling Over 21,000 Square Feet at Park at Bay Plaza Office Center in Tampa, FL

  

Theresa Margaris

TAMPA, FL --- Hold-Thyssen Inc., a real estate services firm, recently negotiated seven leases – new, expansion and renewal agreements – that total 21,298 square feet of space in the Park at Bay Plaza office center, 9350 Bay Plaza Blvd. in Tampa off of E. Adamo Drive at U.S. 301.

R. Anthony Fisher, Vice President of Hold-Thyssen, Inc. in Tampa, said the leasing team of Timothy Sanford and Theresa Margaris negotiated all seven transactions representing the Landlord, Tampa Adamo, LLC.

The new tenants include Transformation Center Inc., a church organization who leased 2,190 square feet and an investment firm, Harbor Light Securities, Inc. who signed a new lease for 1,753 square feet.

Civil engineering firm Kisinger Campo & Associates Inc. renewed their 7,934 square foot space and expanded  into 1,556 additional square feet now occupying 9,490 square feet; Osmose Communications Services, Inc. renewed their 1,546 square feet and expanded into 1,476 additional square feet and now occupies 3,022 square feet; RP Henry & Associates renewed 2,436 square feet of space; Atlas Effect, LLC. renewed their 1,870 square feet and the physical therapy organization  Courtright & Associates renewed their 537 square feet

Hold-Thyssen manages and leases the 157,310 square foot Park at Bay Plaza office center, which has secured over 51,000 SF of new and renews leases during the past 6 months.

Headquartered in Winter Park, Fla., Hold-Thyssen provides commercial property and leasing and management services to institutional and private investor clients nationwide.  The 40-year old firm’s current portfolio includes more than 100 commercial properties throughout the United States.

For a complete copy of the company’s news release, please contact:

Larry Vershel or Beth Payan, Larry Vershel Communications Inc. 407-644-4142

Lvershelco@aol.com