Retail

WINSTON-SALEM, N.C. — A 10,125-square-foot CVS/pharmacy, located in Winston-Salem, has sold for $3.45 million. The freestanding building is leased to CVS/pharmacy through Jan. 31, 2023. Terry Marks of New Hope, Pa.-based National Net Lease Investors represented the buyer, a Pennsylvania-based investor, in the all-cash transaction. The seller was a North Carolina-based developer.

CHAPEL HILL, N.C. — The 42,370-square-foot, 433-unit Ironclad Self Storage, located at 102 Vickers Rd. in Chapel Hill, has sold for $3.11 million. Joy Godbold of Percival McGuire Commercial Real Estate and Argus Self Storage Sales Network represented the seller, W. Mitchell, in the transaction. Phoenix-based Amerco Real Estate, the buyer, also purchased an additional 5 acres for future expansion.

LARGO, FLA. — Fort Lauderdale, Fla.-based Integra Real Estate Corp. has acquired a 10,300-square-foot shopping center, located at U.S. 19 and East Bay Drive in Largo. Tenants include FedEx Kinko's and Einstein Bros. Bagels. Joe Tyszko of Insite Real Estate represented the seller, a private investor, in the transaction. The buyer was self-represented by Michael Rechter.

BETHESDA, MD. — Silverspot has signed a 50,000-square-foot lease at the 1 million-square-foot Rock Spring Centre, a mixed-use development located along Old Georgtown Road and Rock Spring Drive in Bethesda. The Peterson Cos. and DRI Development Services plan to break ground this summer on the project, which will include 549,900 square feet of office space, 210,000 square feet of retail space, the 12-screen Silverspot movie theater, a 40,000-square-foot health club, a 200-room hotel and 161 residential units. Silverspot, which is slated for completion in spring 2014, will offer a full-service cafe and bar, lounge area and concession stand. Bill Miller and Alex Walker of Transwestern represented the development team in the transaction. Mathew Focht and Sierra Group represented the tenant.

WASHINGTON, D.C. — Farmers Restaurant Group (FRG) and North Dakota Farmers Union have selected Artisan Partners Construction Services to oversee construction of the 10,000-square-foot Farmers, Fishers & Bakers restaurant in Georgetown at Washington Harbour in Washington, D.C. The $2.5 million project involves the build out of the former restaurant, which was destroyed in a flood in April 2011. Construction is expected to begin this month with completion slated for late fall 2012.