Property Type

COHEN & ASSOCIATES BUYS TIERRA VISTA APTS. FOR $7.7M

by admin November 29, 2011

KISSIMMEE, FLA. — Los Angeles-based Cohen & Associates has purchased the 152-unit Tierra Vista Apartment Homes, located at 8700 Tierra Vista Cir. in Kissimmee, from Tierra Vista I LP. for $7.7 million. Amenities include a clubhouse, a swimming pool, a fitness center and a playground. Armand Tiberio, Dmitry Gourkine and Timothy Flint of Marcus & Millichap's Seattle office represented both parties in the transaction. Shlomi Ronen of Los Angeles-based Dekel Capital arranged financing for the property.

November 29, 2011

BON SECOURS SELLS MEDICAL CAMPUS FOR $6.8M

by admin November 29, 2011

BALTIMORE — Baltimore-based Bon Secours — Liberty Medical Center has sold a 117,000-square-foot, four-building medical campus, located at 2600 Liberty Heights Ave. in Baltimore, to the State of Maryland for $6.8 million. The property will be used for Baltimore County Community College. Gary Hooper of Cushman & Wakefield/Thalhimer's Richmond, Va., office represented the seller in the transaction.

November 29, 2011

Industrial Southeast

TRITON REAL ESTATE HOLDINGS BUYS WAREHOUSE FOR $3.5M

by admin November 29, 2011

NORTH CHARLESTON, S.C. — Englewood, Colo.-based Triton Real Estate Holdings has acquired a 75,000-square-foot warehouse, located at 4100 Carolina Commerce Pkwy. in North Charleston, from KST Holdings for $3.5 million. Milton Thomas of Charleston-based Anchor Commercial/CORFAC International represented the seller in the transaction. Woody Kapp from Daniel Island, S.C.-based Meyer Kapp & Associates represented the buyer.

November 29, 2011

Retail Southeast

REALTYLINK SELLS ULTA FOR $2.77M

by admin November 29, 2011

HENDERSONVILLE, TENN. — Greenville, S.C.-based RealtyLink has sold a 10,000-square-foot ULTA, located at 1032 Glenbrook Way in Hendersonville, to a Northeast-based private institutional investor for $2.77 million. RealtyLink developed the building and was self-represented by Tyson Glasser. Rich Cohen of Richco Realty represented the buyer.

November 29, 2011

Retail Southeast

CONSTRUCTION BEGINS ON 147,000-SQUARE-FOOT COSTCO

by admin November 29, 2011

SARASOTA, FLA. — Westfield has started construction on a 147,000-square-foot Costco at Sarasota Square, located at 8201 S. Tamiami Tr. in Sarasota. An AMC Theatre, Macy's, Sears and JCPenney anchor the center. Completion is slated for the summer of 2012.

November 29, 2011

Midwest Multifamily

CONNOR GROUP SELLS FAIRFIELD APARTMENTS FOR $23.5M

by admin November 29, 2011

FAIRFIELD, OHIO — The Connor Group, a Centerville-based real estate investment firm, has sold Timber Hollow Apartments in Fairfield for $23.5 million to Timber Hollow SPE LLC. The deal came five years after The Connor Group purchased the 368-unit community.

November 29, 2011

Midwest Retail

NEW HHGREGG OPENS IN OHIO

by admin November 29, 2011

ST. CLAIRESVILLE, OHIO —Indianapolis-based appliance and electronics store hhgregg has opened a new store in St. Clairesville, Ohio. The 27,051-square-foot store was newly renovated and is located at 67661 Mall Rd. in St. Clairsville. The store previously housed a TJ Maxx and a Kroger grocery store.

November 29, 2011

Industrial Midwest

INLAND COS. ARRANGES 27,750-SQUARE-FOOT FLEX LEASE

by admin November 29, 2011

PEWAUKEE, WIS. — Pentair Residential Filtration, which provides water solutions and technical products, has leased 23,750 square feet of flex space in the Pewaukee Commerce Center II, located at N25W23040 Paul Road in Pewaukee. Jim Larkin and Tom Shephard in the Milwaukee office of Inland Cos. represented landlord the transaction.

November 29, 2011

Industrial Northeast

PRISM CAPITAL ACQUIRES 230,000-SQUARE-FOOT INDUSTRIAL BUILDING

by admin November 29, 2011

CARTERET, N.J. — Prism Capital Partners has acquired a 230,000-square-foot industrial building at 700 Blair Rd. in Carteret for the purpose of relocating Berjé Inc.'s headquarters to the property from its Parkway Lofts site in Bloomfield, N.J. The move represents an expansion from Berjé, a distributor of essential oils and aromatic chemicals, and paves the way for the start of construction for Parkway Lofts, a multifamily adaptive reuse project. Prism purchased the building from BASF Corp. for an undisclosed amount.

November 29, 2011

Northeast Retail

ATHLETA OPENS FIRST STORE IN PHILADELPHIA

by admin November 29, 2011

PHILADELPHIA — Athleta, an apparel retailer catering to active women, has opened its first store in Philadelphia, located at 1722 Walnut St. Steven Gartner of Metro Commercial Real Estate represented Athleta in the 4,000-square-foot lease transaction. The landlord is Kaiserman Co. Inc.

November 29, 2011

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