HIXSON, TENN. — Carolina Holdings Inc., a Greenville, South Carolina-based retail developer, has delivered and opened a new Verizon Wireless store in Hixson, about nine miles northeast of Chattanooga. Carolina Holdings and Verizon are jointly pursuing LEED certification for the new 4,585-square-foot property. The project team includes architect McMillan Pazdan Smith, civil engineer LeCraw Engineering and general contractor Dooley Mack Constructors. Certus Bank provided construction financing for the project.
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CHARLOTTE, N.C. — Bojangles’ Restaurants Inc. has opened its 600th restaurant, located on Galleria Boulevard off Monroe Road in Charlotte. The Charlotte-based chicken chain expects to open 55 to 60 locations throughout the Southeast this year, adding new restaurants in more than 25 market areas including Atlanta; Birmingham, Alabama; Orlando; Richmond, Virginia; and Nashville, Knoxville and Tri-Cities, Tennessee. This year’s expansion is part of Bojangles’ long-term growth plan to have 1,000 locations open by 2020.
GAINESVILLE, FLA. — CA Student Living has broken ground on NEXT LEVEL GAINESVILLE with joint venture partner Fields Holdings near the University of Florida. The property will contain approximately 170 apartments and about 600 bedrooms. NEXT LEVEL will be a heavily amentized, urban-infill project with a podium-level swimming pool, hot tub, fitness and tanning facilities and both private and group study lounges. The fully furnished apartments will feature modern, open floor plans, stainless steel appliances, quartz countertops, European cabinetry, flat-screen televisions and closet organizers. Holchauser Blatter Architects of Santa Barbara, California designed the property. The general contractor, Beal Derkenne Construction (BDC), has built numerous projects for CA Student Living, including NEXT LEVEL TUCSON, opening in August near the University of Arizona.
TALLAHASSEE, FLA. — Parkland Development Corp. has opened Forum at Tallahassee, a 785-bed luxury student housing community designed by Forum Architects near Florida State University. Forum at Tallahassee’s amenities include an 11,000-square-foot outdoor pool deck and recreation area that features a beach entry pool, gas grills, a large spa and cabana lounges. The community’s clubhouse incorporates indoor basketball and volleyball courts with bleacher seating, a two-story fitness center with TechnoGym equipment, yoga room and three tanning beds. In addition, students have access to a full-service concierge desk, high-tech business center with Macs and PCs, multiple study rooms, complimentary high-speed internet, a Wii gaming room with dual life-size screens, coffee lounge, media center and a pet park with pet washing stations. The fully gated community offers elevator access to one-, two-, and four-bedroom floor plans. Unit interiors include granite countertops, 42-inch upper cabinets, nine-foot ceilings, crown molding, stainless steel appliances and wood-grain plank-style flooring. In addition, apartment homes include 50-inch flat screen TV’s, in-unit laundry rooms with full-size washer and dryers, and covered patios and walk-in closets in select units. Greystar manages the community and offers roommate matching.
SHOREWOOD, ILL. — Grocery store operator Roundy’s Inc. will open a Mariano’s upscale supermarket in Shorewood, approximately 43 miles southwest of Chicago. A grand opening for the new store, located at 950 Brook Forest Ave., is set for Tuesday, July 15. The Shorewood location is the 10th Mariano’s to open of the 11 former Dominick’s locations acquired by Roundy’s in December 2013. The newest Mariano’s location will add 450 new jobs to the community. Across its 26 locations, Mariano’s has created approximately 10,750 jobs in the last four years. The Shorewood store will provide fresh-squeezed fruit and vegetable juices, house-made Italian sausage and signature Bella cupcakes. The supermarket will also include wines from all regions, a specialty cheese shop as well as a bakery. Mariano’s Shorewood will also offer Vero authentic Italian coffee and gelato shop featuring premium coffees fresh-roasted locally and homemade gelato; a floral department; an International aisle highlighting global cuisine; a dietitian; and a full-service pharmacy.
CHICAGO — Reed Construction will complete the renovation of a new simulation lab for Rush University Medical Center in Chicago this August. The property is located at 1717 W. Congress Parkway. The project for Rush University Medical Center will feature the renovation of the existing space to create a new, cutting-edge simulation lab. Simulation labs are learning environments designed to bridge theory and practice in a safe, interactive educational setting. The 8,200 square foot build-out will include the addition of multiple labs, control rooms, debriefing rooms and the associated infrastructure. Scott Pickands, Reed Construction’s executive vice president and project executive, will lead the construction team. Proteus Group is providing architectural services for the project. Rush is a nonprofit healthcare, education and research enterprise comprised of Rush University Medical Center, Rush University, Rush Oak Park Hospital and Rush Health. Rush University Medical Center encompasses a 664-bed hospital serving adults and children.
ROCHESTER HILLS, MICH. — L. Mason Capitani CORFAC International has brokered the sale of a multi-tenant industrial facility to an undisclosed buyer in Rochester Hills. Based on the current net operating income, the 49,686-square-foot building traded at a 9.8 percent capitalization rate. The facility, located at 2703-2727 Product Drive, was fully occupied at the time of sale. TI Automotive and Gexpro are currently tenants at the building. Jason Capitani and Garry Rogers of L. Mason Capitani represented the seller, Kevin Buchanan, in the transaction.
MILWAUKEE — The Dickman Co. Inc./CORFAC International has arranged the lease of a 30,000-square-foot industrial space in Milwaukee. Wenniger Compressor Co. will occupy space located at 3745-55 N. Richards St. Samuel M. Dickman Jr., Samuel D. Dickman and Anthony Huenerbein of the Dickman Co. represented the landlord, Richards Industrial LLC, in the transaction. Tony Haning of Jones Lang LaSalle represented the tenant, Wenniger Electric doing business as Wenniger Compressor Co.
NEW YORK CITY — Eastern Consolidated has arranged the sale of 37-10 Crescent Street, a warehouse property in Long Island City. GMS Seashore sold the 18,000-square-foot property to 37-10 Crescent Street LLC for $6.5 million. A limousine company, whose lease expires in May 2015, currently occupies the one-story building. The lease includes one five-year option and demolition clause that may be exercised with a six-month notice. The asset site totals 36,552 buildable square feet. Peter Carillo and Chad Ian Sinsheimer of Eastern Consolidated represented the seller in the transaction. Additionally, Carillo procured the buyer for the deal. The attorney for the seller was Farrel Fritz, and Seth Stein, Esq. was the attorney for the buyer.
GROTON, MASS. — Senate Construction Corp. has begun construction for the second phase of development at Boynton Meadows, a mixed-use development in Groton. The second phase will include 15 townhouses, ranging from 2,000 to 2,500 square feet with additional walkout and basement space. The second phase is slated for completion in November. The first phase, which is located on Main Street, includes mixed-use first-floor office and retail space, which is occupied by a yoga studio, bakery and dental office. Maugel Architects has designed the mixed-use project to incorporate the colonial architecture of the community while including modern features. Mount Laurel Development LLC is developing the project, which is financed by Bank of New England.