WINCHESTER, VA. — Calkain Cos. has negotiated the $2.25 million sale of a 1.36-acre pad site occupied by Chick-fil-A, located in Rutherford Crossing in Winchester. Rick Fernandez and Betty Friant of Calkain Cos. represented the seller in the transaction. Andrew Fallon, also of Calkain Cos., represented the buyer.
Southeast
WASHINGTON, D.C. — The United Nations Foundation has signed an 85,000-square-foot office lease, located at 1750 Pennsylvania Ave. NW in Washington, D.C. The foundation, which currently operates in two locations, will expand and consolidate its operations in its new location in January 2014. Tina Weaver of CBRE Group represented the tenant in the lease transaction. Brendan Owen of Vornado represented the landlord.
ORLANDO, FLA — H&R REIT has purchased the 83,167-square-foot Regency Village, located at the intersection of Vineland Avenue and International Drive South in Orlando, for $16 million. Publix anchors the center, which is 97 percent leased. Michael Cleeman of Cohen & Co. represented the buyer in the off-market transaction. Helen Putterman, also of Cohen & Co., represented the seller, Cohen Commercial Properties.
NEW PORT RICHEY, FLA. — Blue Rock Partners has sold the 143-unit Park at Ashley Place, a multifamily property located on Vista Verde Drive in New Port Richey, for $8.05 million. The property is 95 percent occupied. Cole Whitaker and Jason Stanton of Hendricks & Partners represented the seller in the transaction.
HENDERSONVILLE, TENN. — P&M Investment Co. has broken ground on the $3.5 million, 20,000-square-foot Shoppes at Maple Corner, a retail center located at the intersection of Indian Lake Boulevard and Maple Drive in Hendersonville. Southeast Venture LLC, the leasing agent, has secured a 4,300-square-foot lease with Sola Salon Studios. Completion is slated for the end of 2012.
AMERICUS, GA. — The 97,760-square-foot Americus Village Retail Shopping Center, located in Americus, has sold for $2.5 million. Tenants include Fred's, Carmike Cinema, H&R Block, Edward Jones, Citi Financial and UPS Store. Ray Mokhberi of NAI Brannon Goddard represented the seller, PeopleSouth Bank, in the transaction. Charles Piazza and Eric Piazza of NAI New York City represented the buyer, A.J.J.M.D. Realty Corp.
FORT MYERS, FLA. — The 77-unit Peppertree Apartments, located at 3011 Broadway in Fort Myers, has sold for $2.3 million. Amenities include a swimming pool and laundry facility. Darron Kattan, Robert Goldfinger and Kevin Kelleher of Franklin Street represented the seller, a national bank, in the transaction. The buyer was an international investor.
JACKSONVILLE, FLA. — FaverGray plans to break ground next week on the $24.1 million, 300-unit Hacienda Club Apartments, a Class A multifamily community located at 8685 Baymeadows Road E. in Jacksonville. Amenities will include a pool, clubhouse, gazebos and a car care center. Fort Family Investments is the developer of the property and Group 4 Design is the project architect.
MOBILE, ALA. — Bodner Co. has sold the 270-unit Retreat at Schillinger, a Class A apartment complex located at 1313 Schillinger Road S. in Mobile, to LMS Cos. for $23 million. The property is 93 percent occupied. Amenities include a wellness center, resort-style swimming pool, dog resort, theater, ping pong table, pool table and meeting rooms. Sean Henry, John Weber and Chad DeFoor of ARA represented the seller in the transaction.
ALPHARETTA, GA. — STORE Capital Corp. has completed a $19.2 million sale-leaseback with Tappan Street Restaurant Group (TSRG) for five Taco Mac restaurants in Georgia and North Carolina, as well as the company's corporate headquarters in Alpharetta. The properties were leased back to TSRG under a long-term, triple-net lease.