INDEPENDENCE, KY. — Balluff Inc., a German automation supplier, is expanding its U.S. headquarters in Independence, located in northern Kentucky. The expansion will add 24 full-time jobs and the company will invest $6 million in the project. The U.S. headquarters now employs more than 150 people and has been based in Independence since 1983. The company expanded twice before, in 1994 and 2001. The company's new 48,000-square-foot building is scheduled for completion in March 2014. The Kentucky Economic Development Finance Authority preliminarily approved tax incentives up to $300,000 for the company through the Kentucky Business Investment program.
FAIRFAX, VA. — Exxon Mobil Corp. has selected Cassidy Turley to market its 117-acre campus in Fairfax, as it prepares to relocate its local operations to a consolidated site in The Woodlands, a suburb of Houston. The property, located at 3225 Gallows Road, includes five buildings with 1.3 million square feet of office space. The site also includes 1 million square feet of parking structures and 92 acres of undeveloped land.
CHARLOTTE, N.C. — Crescent Communities has broken ground on the $33.6 million Alexander Village, a 63-acre mixed-use development in Charlotte's University Research Park. Phase I will include the construction of Crescent Alexander Village, a 320-unit apartment community on Senator Royall Drive, just south of Mallard Creek Church Road. Plans for Alexander Village also include a hotel, up to 75,000 square feet of retail and 250,000 square feet of office. Crescent expects to begin preleasing the apartments this fall and have the first units available for occupancy in early 2014.
ST. JOHNS, FLA. — St. Johns Medical Ventures LLC has acquired 2 Doctors Village Drive in St. Johns, a 10,944-square-foot freestanding emergency room built in 2012, for $3 million. Giles Stevens of Lee & Associates represented the buyer in the transaction. Josh Pardue of Stan Johnson Co. represented the seller, Jacksonville Medical Center Development LLC.
NORFOLK, VA. — Mid-Atlantic Maritime Academy has leased 20,833 square feet of office space at 5301 Robin Hood Road in Norfolk Commerce Park II. The three-story, Class A property includes a renovated lobby, onsite cafe and onsite management. Perry Frazer and Matt Wilbricht of CBRE | Hampton Roads represented the landlord, Norfolk Commerce Park II, in the transaction. Don Crigger of CBRE | Hampton Roads represented the tenant.
MIAMI GARDENS, FLA. — Marcus & Millichap has arranged the $8.2 million sale of Dolphin Plaza, a 93,991-square-foot shopping community at 17201-17237 N.W. 27th Ave. in Miami Gardens. The property, which is 90 percent occupied, is anchored by a recently renovated Winn-Dixie. Additional tenants include Foot Locker, BP Gas Station, Rent-A-Center and Rainbow Fashions. Jason Yukins of Marcus & Millichap represented the buyers, business partners from Canada, in the transaction.
GREENSBORO, N.C. — Parkstone Capital has selected The Woodlark Cos. as management operating partner for The District, a 228-bed student housing property near the University of North Carolina in Greensboro. Woodlark will lead an $800,000 renovation and rebranding effort that includes interior renovations, new landscaping, parking lot repairs and enhancements to the pool and the pool deck. Woodlark's total management portfolio is 18,962 beds, and its ownership portfolio is 13,807 beds.
COLUMBIA, S.C. — South Carolina United FC, the state's largest youth soccer club, has acquired 24.5 acres of land in Columbia to develop a facility consisting of six full-sized soccer fields and related amenities. The facility, located along the I-20 corridor, will serve as the club's central training facility for its junior academy and select-level soccer players. It will also serve as an additional venue for its recreational soccer players. Rob Lapin of NAI Avant represented the buyer in the transaction.
SAVANNAH, GA. — An affiliate of Noble Investment Group has acquired the Staybridge Suites Savannah Historic District, a 104-room extended-stay hotel located at 301 E. Bay St. in Savannah. The five-story property was completed in 2006 and is comprised of both newly constructed and historic building features, such as a restored 1870s-era banquet facility. The sale also included an adjacent, 16,200-square-foot development site. Daniel Peek, Holden Lim, Max Comess, Christopher Lingerfelt and Alexandra Lalos led the HFF team that represented the seller, Savannah Hospitality Properties LLC, in the transaction.
MIAMI — Littler Mendelson P.C., a labor law firm, and Studley, a commercial real estate services firm, have signed long-term leases for 17,137 square feet and 7,580 square feet, respectively, at Wells Fargo Center in Miami. The leases have an estimated value of more than $14 million. The firms will join tenants such as Wells Fargo Bank and Deloitte in the 750,000-square-foot Class A tower. Brian Gale of Taylor & Mathis represented the owner, MetLife, in the transaction. Carter Hopkins of CBRE represented Littler Mendelson and Studley was self-represented by Greg Katz.