WOODSTOCK, ALA. — ThyssenKrupp Materials North America, a producer of steel, plans a $13 million, 100,000-square-foot materials processing and distribution center in Woodstock. The property will have four lines for processing materials such as carbon steel, aluminum and stainless steel to support the operations of the company’s Ken-Mac Metals and ThyssenKrupp Steel Services divisions. Ogden Deaton of Graham & Co. represented ThyssenKrupp Materials in the site selection and development.
Southeast
STOCKBRIDGE, GA. — Ackerman Medical, a division of Atlanta-based Ackerman & Co., has broken ground on its newest medical office building, the 60,000-square-foot Piedmont Physician Center in Stockbridge. The $11 million, three-story Class A building will be located at the entrance of Piedmont Henry Hospital at the intersection of Eagle’s Landing Parkway and Rock Quarry Road. It is set to open in October 2013 and is 60 percent leased. Piedmont Healthcare has taken 15,000 square feet on the second floor and OrthoAtlanta has secured the entire third floor. Henry Physician Center is being privately developed and is owned by a venture of Ackerman Medical, Commercial Assets Group and local physicians on long-term ground leases. John Willig of Ackerman Medical and Mike Tallant of Commercial Assets Group are leasing the property.
DUNEDIN, FLA. — The 74,200-square-foot Granada Plaza, a grocery-anchored neighborhood center, has sold for $10.8 million in Dunedin. Danny Finkle and Luis Castillo of HFF represented the seller, Odyssey DP I LLC, an entity affiliated with Lakeland, Fla.-based Odyssey Diversified Properties Inc. H&R REIT purchased the retail property that sits on a 6.92-acre site at 1491-1575 Main St. in Dunedin. It is 86 percent leased to tenants including Publix, Curves, UPS Store, Hair Cuttery and Firehouse Subs.
NASHVILLE, TENN. — Birmingham, Ala.-based Regions Bank has signed a 12.5-year, 100,000-square-foot lease at One Nashville Place, a 37-story Class A office tower in Nashville’s downtown business district. Daymark Realty Advisors manages One Nashville Place on behalf of an investment group comprised of individual owners. The Regions Bank location will house approximately 225 employees and serve as the headquarters for the company’s Mid-Atlantic region and Middle Tennessee area. Other tenants at One Nashville Place include Merrill Lynch, Ernst & Young, National Association of State Boards of Accountancy and IBM.
WASHINGTON, D.C. — An office building at 1718 Connecticut Ave. in Washington, D.C., has sold for $14.4 million. Richard McBride and Roy Ayers of McBride Real Estate Services Inc. represented both the seller, PRI Inc., and the buyer, an entity operated by telecommunications executive Dave Schaeffer. The 47,569-square-foot office building was built in 1982 and is fully leased. Tenants include the law firm of Katz, Marshall & Banks, Policy Study Associates, Electronic Privacy, and Martell & Associates.
YORK, S.C., AND ATLANTA — Blanchard Real Estate Capital has acquired a 152,000-square-foot Walmart Supercenter at 970 Liberty St. in York. Joe Montgomery and Tony D’Ambrosio of Colliers International represented the unlisted seller. Blanchard has also acquired the former State Bank and Trust at 4241 Roswell Rd. in Atlanta. The 7,300-square-foot building is an outparcel to Chastain Square Shopping Center, which is anchored by Publix. The company plans to redevelop the former bank.
ATLANTA — Mark Sixour and Bill Ireland of HFF have arranged a $20.6 million in refinancing for Parkwood Plaza, a 210,919-square-foot Class A office building in Atlanta. The 10-year, fixed-rate securitized loan was secured through The Goldman Sachs Group Inc. Parkwood Plaza is located at 1300 Parkway Circle in Atlanta’s Cumberland/Galleria submarket.
ANDERSON, S.C. — Brad Walker of Grandbridge Real Estate Capital has closed a $3.1 million first mortgage loan for Anderson Crossing Apartments, a 152-unit multifamily community in Anderson. Fannie Mae provided the funding for the 10-year fixed-rate loan, which features a 30-year amortization.
SILVER SPRING, MD. — Social & Scientific Systems Inc. has renewed its 88,230-square-foot, long-term lease at Silver Spring Plaza at 8757 Georgia Ave. in Silver Spring. Jim Cahill, Joe Judge and Bob Shue of Jones Lang LaSalle represented the tenant, and Marc Witowski of WPC represented the landlord, Washington Property Co.
OVIEDO, FLA. — Central Florida Regional Hospital, an affiliate of Hospital Corp. of America, has broken ground on a $9.7 million freestanding emergency department on 26 acres at the intersection of Red Bug Lake Road and State Road 417 in Oviedo. The 11,000-square-foot, state-of-the-art satellite facility will operate as a full-service emergency room providing 24/7 emergency care for both pediatric and adult patients. It will also offer comprehensive emergency services including a dedicated trauma room as well as laboratory and imaging services. The single-story emergency care center will include 12 private patient care rooms, a waiting area, nurse station, restrooms and support areas. It will open next fall and employ 35 full-time staff and four emergency care physicians. Charles Perry Partners Inc. (CCPI) is the healthcare project’s construction manager. CCPI specializes in healthcare, institutional, educational, government and commercial construction.