The firm, which employs approximately 850 total team members is leasing the entire 48,604-square-foot. MPC-25B, located at 10600 Marks Way, which will provide Space Coast Credit Union space for future staffing expansion in its southern markets.
The six-story hotel will sit on 6.8 acres and feature a 25,000-square-foot conference center with a ballroom, full-service restaurant and bar, and a rooftop lounge area.
In another significant transaction in the region, Essex Realty Group reports it has brokered the recent $6.025-million sale of the former Maybelline headquarters at 5935 N. Clark St. in Edgewater, IL.
The loan collateralized by Emerson Lofts was provided by New York City-based Madison Realty Capital and allows Manhattan Building Co. to complete the first phase of the fully approved project and fund pre-development on three subsequent phases.
The automobile finance firm will occupy a portion of the third floor of the Class A, 260,382-square-foot building owned by Onyx Equities, which is currently undertaking a capital improvement program.
The space in Frisco's Star Corporate Center offers a good tenant solution, given industrial land is very scarce in the northern suburbs and proximity to major industrial markets is a significant distance.
The 26,174-square-foot property is fully leased by Allegheny Health Network, a subsidiary of Highmark Health Inc. No financial terms of the transaction were released.
Following the Oct. 31 ceremony, Circle Squared Alternative Investments and the PRC Group broke ground on City Line East, a 198-unit luxury apartment project that will also include 8,564 square feet of retail space.