RICHMOND, VA. — Cushman & Wakefield | Thalhimer has arranged a 35,849-square-foot office lease at Park Central III in Richmond. The one-story office building is located at 8831 Park Central Drive. Mac Wilson and James Stikeleather of Cushman & Wakefield represented the landlord in the transaction. The tenant, Universal Health Services Inc., is a Fortune 500 hospital management company.
Southeast
CHARLOTTE, N.C. — Capital Advisors Inc., a full-service commercial mortgage banking firm based in Charlotte, has signed a definitive merger agreement with Dickinson, Logan, Todd & Barber Inc. (DLTB), a commercial mortgage banking firm serving insurance company lenders. The merged company will operate under the Capital Advisors name and will be headquartered in Charlotte. The new company will also have regional production offices in Raleigh, Greensboro, Greenville, Columbia, Atlanta, Birmingham and Jacksonville. Additionally, C. Cooper Willis, president of Capital Advisors, will serve as president of the merged operation, which will service more than $1.5 billion for its insurance company lenders.
FORT MYERS, FLA. — GMA Architects & Planners has completed Discovery Village, a new seniors living community in Fort Myers. The 121,000-square-foot community includes three wings for independent living, assisted living and Alzheimer residents. The new building features courtyard gardens, a theater, game room, living room with a fireplace and bar, fitness facilities and a pool. The rest of the design team includes Development Consulting LLC, interior designer IAK Florida Design and general contractor DeAngelis Diamond Construction.
CELEBRATION, FLA. — Cushman & Wakefield has arranged a $17.4 million acquisition loan for 163 unsold condominium units in the 210-unit Mirasol at Celebration. Mike Ryan, Brian Linnihan and Jeff Walker of Cushman & Wakefield’s Atlanta office arranged the loan on behalf of the buyers, affiliates of Walton Street Capital LLC and Levin Realty Associates. Jay Ballard, Ken Delvillar and Lindsey Pfaender of Cushman & Wakefield’s Orlando office represented the seller in the transaction.
MANASSAS, VA. — Aztec Group Inc. has secured $8 million in financing for Self Storage Plus Manassas, a 697-unit, 73,400-square-foot self storage facility in Manassas. The property, built in 2008, is located at 11840 Sudley Manor Drive. Charles Penan and Howard Taft arranged the 10-year loan with a fixed 5.15 interest rate through Goldman Sachs on behalf of the borrower, a self storage developer, owner and operator based in Washington, D.C. The loan features a 30-year amortization schedule.
KEY WEST, FLA. — Inland American Lodging Group Inc., a subsidiary of Inland American Real Estate Trust Inc., has purchased the Hyatt Key West Resort and Spa in Key West for approximately $76 million. Hyatt Hotels Corp. will continue to manage the resort under a new management agreement. The resort has 118 guestrooms, Shor American Seafood Grill, Blue Mojito Pool Bar and Grill, Jala Spa, a heated outdoor swimming pool and whirlpool, a sundeck, poolside cabanas, a gym and three meeting/event spaces totaling 2,500 square feet. Hyatt has sold seven of its hotels or resorts for more than $500 million so far this year. The Key West resort is Inland American’s 14th hotel purchase in 2013.
CORAL GABLES, FLA. — HFF has arranged the $38.7 million sale of Plaza San Remo, a Whole Foods-anchored retail condominium at 6701 Red Road in Coral Gables. Plaza San Remo is the retail component of a seven-story, 180,000-square-foot mixed-use development that includes retail, medical office condominiums and a 739-space parking garage. The property, which was built in 2007, was 99 percent leased at the time of sale. Danny Finkle, Luis Castillo and Kim Flores of HFF represented the seller, LIC Coral Gables Retail Inc., a Germany-based investment group, in the transaction. The seller was also advised by Dallas-based Phoenix Property Co. The buyer, an institutional investor, purchased the property clear and free of debt.
ORLANDO, FLA. — Boca Raton, Fla.-based Halvorsen Holdings has completed Town Park Shopping Center, a Publix-anchored retail property located at the intersection of Woodbury Road and East Colonial Drive in Orlando. In addition to Publix, the 64,000-square-foot shopping center’s current tenant roster includes Anytime Fitness, Hair Cuttery, TJ’s Seafood and a pizza chain. Three of the four outparcels are occupied by McDonald’s, Cheddars and Wawa.
NASHVILLE, TENN. — Cushman & Wakefield | Cornerstone’s healthcare practice group has arranged a 109,751-square-foot office lease at Burton Hills Office Park in Nashville’s Green Hills submarket. The building is under development and is expected to be delivered in 2015. AmSurg Corp. is leasing space in the three-story building, which will feature three levels of underground parking. The new space will house 350 of AmSurg’s employees and will eventually serve as the firm’s corporate headquarters. Dick Fleming, Terry Smith, Ben Burns and Henry Trost of Cushman & Wakefield | Cornerstone represented AmSurg in the transaction.
AUGUSTA, GA. — Skanska USA has erected the last steel beam for the J. Harold Harrison, M.D. Education Commons building, a three-story, 172,000-square-foot building on Georgia Regents University’s campus in Augusta. The cost of construction was $76.5 million. The building will house two 300-seat auditoriums, a 26,620-square-foot simulation library, 13 learning communities, classrooms and Medical College of Georgia administrative offices. The new building, which Skanska USA will complete by fall 2014, will allow the university to increase the class size of the Medical College of Georgia from 230 to 300 students by 2020 and the College of Dental Medicine to increase its class size from 63 to 100 by 2016.