Toshiba renews U.S. headquarters lease

Toshiba America Consumer Products recently renewed its 138,000-square-foot headquarters lease in Wayne, N.J., for an undisclosed amount.

This class A office/warehouse building, located at 82 Totowa Road, is owned by East Meadow Corp. and was built exclusively for Toshiba in the 1980s.

Featuring 22-foot ceilings, the property features 50,000 square feet of office space and 88,000 square feet of warehouse/distribution space, including six loading docks.  more...

Artist lofts acquired in NoHo

Transwestern arranged the sale of NoHo Lofts, a 292-unit luxury apartment community in North Hollywood, Calif., for $92.5 million.

J.H. Snyder Co. sold the property to Redwood Partners and Rockwood Capital.

NoHo Lofts is primarily comprised of loft-style units located at 11136 Chandler Blvd. in the NoHo Arts District, which is home to contemporary theaters, art galleries, cafes and interesting shops.

Transwestern is a privately held commercial real estate firm operating nationwide.

Parsippany office portfolio sells

A joint venture between Lincoln Property Co. and Goldman Sachs Whitehall Fund has sold a 207,671-square-foot office portfolio in Parsippany, N.J., for $21 million.

The partnership, LWS II Real Estate LP, shed buildings located at 199 Pomeroy Road and 959 Route 46 East.

The Pomeroy Road property is a three-story, 76,232-square-foot office building, which underwent a complete renovation in 1998. It was 85 percent leased with Magellan Health Services occupying the majority of the building at the time of sale.  more...