Office

ATLANTA — Gables Residential has signed a full-floor lease at The Lenox Building in Atlanta, located at 3399 Peachtree Rd. in Atlanta. The company has signed a 10-year lease for approximately 21,000 square feet and will move its headquarters to the tower this fall. Gables Residential will relocate from its current headquarters at an office tower in the Vinings section of Atlanta. Billy Hobbs and Jason Jones with CRESA Partners represented Gables Residential in the transaction.

LAKE MARY, FLA. — Progress Energy has signed a 108,499-square-foot lease renewal with Duke Realty for the entire Northpoint III office building, which is located in Lake Mary’s Northpoint office park. Progress Energy’s subsidiary, Florida Power, has leased the space since 2001. Tampa, Fla.-based The Duncan Cos.’ Ronnie Duncan represented Progress Energy in the lease. Tim Perry served as in-house representation for Duke.

HOWARD COUNTY, MD. — Baltimore-based St. John Properties has entered into an agreement with Greenebaum and Rose, Associates, to build five to six buildings in the 600-acre Maple Lawn Maryland mixed-use development in Howard County. St. John is currently building two industrial spaces totaling 80,000 square feet in the Maple Lawn Business Park. When finished with its commitment, the firm will have constructed nearly 300,000 square feet of warehouse space in the development.

MENDOTA HEIGHTS, MD. — Patrick Minea of NorthMarq’s Minneapolis office has secured a $28 million loan for Mendota Office Center I-IV and American Corporate Center in Mendota Heights. The office properties contain a total of 420,216 square feet of space. State Farm Life Insurance Co. provided financing for the loans.

WILLIAMSBURG, VA. — Henry S. Branscome LLC has acquired a 20,000-square-foot office building from Wather-Thomas Family Development of New Town LLC for $2.41 million. The property is located at 5372 Discovery Park Blvd. in Williamsbug. Dawn Griggs of Thalhimer’s Newport News, Va., office brokered the sale.