AVENTURA, FLA. — Continental Real Estate Companies (CREC) will lease and market Aventura View, a 106,500-square-foot office building in Aventura. The property, which was previously known as Concorde Centre II, was recently acquired by Steelbridge Capital. Steven Hurwitz and Douglas Okun of CREC will oversee the leasing and marketing of Aventura View. Steelbridge Capital will manage the property and is preparing a series of upgrades for the building, including renovations to all common areas and a reconfigured parking lot. Aventura View is located at 2999 NE 191st St. in Aventura.
Southeast
WASHINGTON, D.C. — First Potomac Realty Trust, an owner of office and industrial properties in the Washington, D.C., area, and its development partner Perseus Realty LLC have named the development and leasing teams for Storey Park, a mixed-use project at 1005 First St. N.E. in Washington, D.C. The development is situated on a former Greyhound Bus Terminal and is being designed by HKS Architects. The broker teams contributing to the project are Doug Mueller and Evan Behr of Jones Lang LaSalle, Lisa Stoddard and Kristen Braun of CBRE, and Joe Delogu, David Alperstein and Eugene Smith of FD Stonewater. The project will include 65,000 square feet of retail space including restaurants, shops and boutique retailers. Storey Park will be situated in the heart of the NoMa district and will provide access to Union Station, Capitol Hill, the East End and downtown Washington, D.C.
JACKSONVILLE, FLA. — Samsonite has signed a 240,000-square-foot lease for a distribution center at 10089 N. Main St. in Jacksonville’s Imeson International Industrial Park. Aaron Zarle, Bryan Bartlett and John Richardson of Grubb & Ellis/Phoenix Realty Group represented the landlord, Dalfen America Corp. The brokerage firm also represented W.P. Carey & Co. LLC in the sale of the property to Dalfen in September 2012.
MIAMI — The former Regal Kitchens property, which includes 8.6 acres of land and a 171,000-square-foot warehouse at 8600 N.W. South River Dr. in Miami, has sold to a Chile-based company for $7 million. The buyer, Megacenter, specializes in reconditioning similar buildings in Chile. The site is the company’s first purchase in the United States and it plans to renovate the existing building. Megacenter will divide the building into a warehouse and full-service office suites for lease, ranging in size from 4,000 to 20,000 square feet. Mort Fetterolf, Xavier Cossard and Michael Fay of Colliers International South Florida represented both parties in the transaction.
SHEPHERDSTOWN AND PARSONS, W. VA. — Boston Capital has invested in the rehabilitation of two seniors housing communities in West Virginia. The 24-unit Lowe Gardens Apartments in Shepherdstown and the 31-unit Tucker Manor Apartments in Parsons will be rehabilitated with tax credit equity from the Low Income Housing Tax Credit (LIHTC) program. The general partners are affiliated with Maryland-based T.M. Associates Inc. along with the Telamon Corp., a non-profit organization based in North Carolina.
ATLANTA — Invest Atlanta, the official economic development authority for the City of Atlanta, and The PNC Financial Services Group have provided $24 million in new markets tax credits to fully fund Phase I of The National Center for Civil and Human Rights, a museum under way in downtown Atlanta. Phase I will include 42,000 square feet of exhibit and special event space. Invest Atlanta allocated $13 million in tax credits through its affiliate Atlanta Emerging Markets Inc., secured from the U.S. Department of the Treasury, and PNC provided $11 million. The Center’s $65 million Phase I is now fully funded. The three-story museum will include a gallery for the Morehouse College Martin Luther King Jr. Collection and the civil rights and human rights exhibitions.
JACKSONVILLE, FLA. — Rosemont Realty has acquired a three-building, 288,147-square-foot Class A office complex called Concourse in Jacksonville from Northwestern Mutual for an undisclosed price. Concourse fronts Interstate 95 on Belfort Road and includes three fourstory office buildings built between 1998 and 2001. It is 88 percent occupied with tenants DeVry University, SJ&P advertising agency, Diversified Clinical Services, Meridian Technologies, Pulte Homes and others.
ATLANTA — Atlanta-based Peachtree Hotel Group has acquired two non-performing hotel first mortgage notes including a 135-room Hilton Garden Inn in Virginia and a 60-room Best Western in Florida from a regional bank. Peachtree Hotel Group has a diversified ownership and third-party management portfolio, and heavily targets the most recognized hotel brands in the select and limited-service categories. The company has completed 31 acquisitions during the past 24 months.
DAVIE, FLA. — Lloyd Berger and Joe Byrnes of Fort Lauderdale, Fla.-based Berger Commercial Realty represented Robert Malt in the $3.4 million sale of a 9.8-acre site at 3501 S.W. 46th St. in Davie. The site will be held by 3501 Burris Road LLC for future development. Pat Montalbano of Montalbano Commercial Realty represented the buyer.
LEXINGTON, N.C. — The Roseview Group, a private real estate investment and advisory firm, has represented a bank advisory client on the $2.55 million sale of a 16,740-square-foot shopping center shadowed by Walmart in Lexington. Roseview directed the leasing and management of the center through CBRE. Mike Burkard and Steve Shields of CBRE represented the seller in the transaction.