ATLANTA — Brookfield Properties has opened a new Dick’s Sporting Goods and Golf Galaxy at Cumberland Mall, an enclosed regional mall in Atlanta’s Cumberland-Galleria district. According to the Atlanta Business Chronicle, Dick’s Sporting Goods will occupy the 70,000 square feet formerly leased to Sears. The Golf Galaxy, which will be adjacent to the Dick’s Sporting Goods, will offer in-store services and apparel and footwear from companies such as DSG, Tommy Armour, CALIA by Carrie Underwood, Field & Stream, Fitness Gear, Nike, Adidas, Yeti, The North Face, Callaway and TaylorMade. Golf Galaxy is a subsidiary of Pittsburgh-based Dick’s Sporting Goods. The stores will also host a grand opening event beginning today. In early July, Brookfield unveiled plans to redevelop the eastern portion of Cumberland Mall into a mixed-use property featuring 445,000 square feet of office space, 312 multifamily residences, 31,200 square feet of retail and restaurant space and 10 bus bays. Brookfield hopes to complete Cumberland Mall’s phased redevelopment in 2025.
TAMPA, FLA. — Marcus & Millichap has arranged the sale of an Extra Space Storage facility in Tampa. The 713-unit, 83,270-square-foot property is situated at 9343 E. Fowler Ave., 13 miles northeast of downtown Tampa. The facility sits on six acres and features a covered loading bay, 24-hour surveillance and four concrete buildings. Charles LeClaire and Adam Schlosser of Marcus & Millichap represented the seller, a joint venture between Florida-based Flagship Cos. Group and Chicago-based Blue Vista Capital Management, in the transaction. Current property manager Extra Space Storage, a self-storage REIT based in Utah, acquired the property for an undisclosed amount.
WARNER ROBINS, GA. — The Boeing Co. has signed a 21,000-square-foot office lease in Warner Robins. The aerospace company will occupy three suites within the 39,000-square-foot building located at 691 Wellborn Road. Boeing expects to move into the space in January. Built in 2004, the property is situated less than one mile from Robins Air Force Base. Patrick Barry of Coldwell Banker Commercial Eberhardt & Barry represented the undisclosed landlord in the lease transaction.
ELIZABETH, N.J. — NAI Hanson has brokered the sale-leaseback of an 8.2-acre industrial property at 349-369 First St. in Elizabeth, located just south of Newark. The site is located approximately one mile from the Port of New York/New Jersey and three miles from Newark Liberty International Airport. Christopher Todd and Scott Perkins of NAI Hanson represented the buyer, Illinois-based CenterPoint Properties, in the transaction. Marc Imrem, J.D. DeRosa and Colby Moore of Transwestern represented the undisclosed seller.
SEA BRIGHT, N.J. — New Jersey-based Innzen Hospitality has nearly completed the renovation of the BeachWalk Hotel in the coastal city of Sea Bright. The project includes the addition of 37 more rooms for a total of 76, as well as upgrades to the hotel’s amenity spaces. The property also offers 40 dock slips and 80 parking spaces. Life Hospitality will manage the newly renovated hotel.
HOUSTON — JLL has provided a Freddie Mac loan of an undisclosed amount for the refinancing of Hanover Southampton, a 206-unit apartment community in Houston’s West University neighborhood. The property was built in 2015 and features an average unit size of 1,435 square feet. Amenities include a 10,000-square-foot lounge, rooftop pool, fitness center, a theater room and valet dry cleaning services. Cortney Cole and Dustin Selzer of JLL originated the seven-year, fixed-rate loan on behalf of the borrower, a partnership between Hanover Co. and State Farm Insurance.
HOUSTON — Energy giant Chevron has a signed lease to be the inaugural tenant at The Ion, a 300,000-square-foot office building in Midtown Houston. The Ion is a redevelopment of the former Sears building at 4201 Main St. that targets both entrepreneurial startups and established corporate users. Houston-based Rice Management Co. owns the building, which is set to open next spring. The square footage of Chevron’s lease was not disclosed.
CORPUS CHRISTI, TEXAS — Montecito Medical Real Estate has acquired two outpatient imaging centers totaling 28,517 square feet in Corpus Christi. The buildings were fully leased to Radiology & Imaging of South Texas at the time of sale. Michael Moreno, Kyle Mackulak and Rahul Chhajed with Matthews Real Estate Investment Services brokered the deal. The seller was not disclosed.
VICTORIA, MINN. — Bethesda, a national Christian organization that provides homes and other services for people with intellectual and developmental disabilities, is opening Bethesda Cornerstone Village Victoria, located at 1519 82nd St. in Victoria, on Tuesday, Sept. 1. Offering apartments and villas, the community is restricted to adults age 55 or older and independent adults with intellectual and developmental disabilities. Bethesda Cornerstone Village Victoria will feature 37 apartment homes and 15 villa homes, with up to 20 percent of the residences serving people with a disability who live independently. Homes will feature granite countertops, stainless steel appliances, in-unit laundry, soundproofing and patios or balconies. Villa homes offer attached one- or two-car garages and apartment homes feature an underground parking garage. Community amenities will include a community center for events and activities and a fitness center with an array of exercise machines and classes. Lutheran Church Extension Fund provided financing for the housing community, which was designed by New York-based QPK Design. Kraus-Anderson served as general contractor and construction manager for the development.
CHICAGO — Wolcott Group has completed the sale of a six-building multifamily portfolio in Chicago’s Kenwood neighborhood. An undisclosed buyer acquired the portfolio for $17.9 million, or $88,112 per unit. Comprising 204 units, the properties are located at 4001 S. Ellis Ave., 4433 S. Greenwood Ave., 4737 and 4746 S. Ingleside Ave., 4500 S. Drexel Blvd. and 811 E. 46th St. The portfolio also includes some affordable housing communities whose apartments are reserved for households that meet eligibility requirements. The buyer plans to upgrade units as they turn over and lease additional units that were previously offline. Chicago-based Interra Realty’s David Goss, Jon Morgan, Ted Stratman and Lucas Fryman represented the seller and buyer in the transaction.