Property Type

LOUISVILLE, KY. — Cinemark Holdings Inc. has opened a new 10-screen, all-digital movie theater at the Mall St. Matthews in Louisville. The theater, located at 5000 Shelbyville Road, will feature wall-to-wall and floor-to-ceiling screens, enhanced sounds systems and digital presentation in every auditorium. The theater will also feature a Cinemark XD: Extreme Digital Cinema, which will include the latest sound technology, as well as a Barco DLP digital projector, which offers the brightest light standards in the industry, according to Cinemark. A lobby bar will serve beer and wine along with a concession stand, which will serve popcorn, fountain beverages and candy brands.

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ANDERSON, S.C. — Moline, Ill.-based McLaughlin Body Co. has acquired the 427,337-square-foot Santens of America facility at 5121 Old Pearman Dairy Road in Anderson for $7 million. The industrial property is situated on 93 acres and will serve as McLaughlin Body Co.'s new subsidiary location to serve their clients in the region. The company manufactures operator protection systems, including cab enclosures and metal components for construction, military, agriculture and other heavy-duty vehicles. Charles Whitmire Jr. and Elliott Fayssoux of Cushman & Wakefield | Thalhimer represented the seller, KBC Anderson Associates, in the transaction.

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RALEIGH, N.C. — ICF Technology, a technology, management and policy consulting firm based in Fairfax, Va., has signed a new lease for 11,604 square feet of office space in Raleigh. The company plans to consolidate its two Raleigh-Durham offices into the Meridian Corporate Center, located at 2635 Meridian Parkway. Ryan Lawrence of Jones Lang LaSalle represented the tenant in the transaction.

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CHARLESTON, S.C. — Memphis, Tenn.-based Vital Records Control has renewed its lease for 79,972 square feet of warehouse and distribution space at North Rhett III, part of a four-building industrial park in Charleston. The park is located just off I-26, a short distance from the Port of Charleston. Vital Records Control provides information management and document storage solutions for businesses. Chambers Street Properties is the property landlord.

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KANSAS CITY, KAN. — Red Development has received $39.9 million in equity financing for the acquisition of Legends Outlets Kansas City. The property is a 1.2 million-square-foot outdoor mall located 12 miles west of downtown Kansas City, and is 94 percent leased. Kevin O’Grady and Matt Grant of Cohen Financial, working with Artis Advisors, secured the financing from a New York private equity firm.

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DES MOINES, IOWA — Denver-based Baceline Investments LLC has purchased Clocktower Square, a 142,356-square-foot retail center in West Des Moines for $6.9 million. Clocktower Square is currently 68 percent leased and includes tenants T.J. Maxx, Starbucks, Office Max and Tires Plus. Situated on 11 acres, the shopping center is located on 28th St. and University Ave. The property was originally constructed in 1983 and renovated in 1997.

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BUZZARDS BAY, FALMOUTH AND NEW BEDFORD, MASS. — Love Funding has closed three loans totaling $22.7 million for a skilled-nursing portfolio throughout Massachusetts. The facilities include Royal Cape Cod Nursing and Rehabilitation Center in Buzzards Bay, Royal Falmouth Nursing and Rehabilitation Center in Falmouth, and Royal Taber Street Nursing and Rehabilitation Center in New Bedford. The centers offer a combined total of 270 beds and are operated by Royal Health Group. Leonard Lucas of Love Funding has secured the loans through the U.S. Department of Housing and Urban Development’s Section 232/223(f) LEAN loan program for long-term care facilities.

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NEW YORK CITY — Colliers International has arranged a long-term, 16,506-square-foot lease for the American Institute of Chemical Engineers at 120 Wall St. in New York City. The nonprofit organization, which includes more than 45,000 members in more than 90 countries, is relocating from 3 Park Ave. The 34-story Class A office tower spans 615,000 square feet. The nonprofit will occupy the entire 23rd floor, later this year.

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