Southeast

MERIDIAN COMPLETES STAYBRIDGE SUITES HOTEL IN KENTUCKY

by admin February 22, 2013

BOWLING GREEN, KY. — Meridian Design Build has completed the construction of an 85,000-square-foot Staybridge Suites Hotel in Bowling Green. The three-story, 124-unit hotel includes studio, one-, and two-bedroom layouts with fully-equipped kitchens. Hotel amenities include a fitness center, outdoor pool and on-site meeting rooms to accommodate the needs of business travelers and other extended-stay guests. The project team also included Adkisson & Associates Architects, Arnold Consulting Engineering Services and Dellisart LLC.

February 22, 2013

SEAFREIGHT SIGNS 148,750 SF LEASE IN DORAL

by admin February 22, 2013

DORAL, FLA. — SeaFreight Agencies Inc., a cargo and shipping solutions company, has signed a 148,750-square-foot industrial lease at the International CorporatePark, located at 9950 NW 17th St. in Doral. The deal makes SeaFreight the sole tenant in the Class A building, which includes 16,000 square feet of office space. Walter Byrd, Ben Eisenberg, Thomas Kresse and Carlos Gaviria of Transwestern represented the tenant in the transaction. Steve Medwin and Nick Wigoda of Jones Lang LaSalle represented the landlord, IndCor Properties.

February 22, 2013

Office Southeast

BRASFIELD & GORRIE AWARDED BURTON HILLS OFFICE BUILDING

by admin February 22, 2013

GREEN HILLS, TENN. — Brasfield & Gorrie has been select as the general contractor for the Burton Hills office project in Green Hills. The three-story, 110,000-square-foot building will sit atop a three-story parking deck. The project will include a separate, 60,000-square-foot parking deck. The facility will serve as the headquarters for Nashville-based AmSurg Corp. Construction of the 120-car parking structure will begin this month, with construction of the office building following in summer 2013. Hastings Architecture Associates is the project architect.

February 22, 2013

Mixed-Use Southeast

$100M MIXED-USE PROJECT MOVES FORWARD IN CLAYTON COUNTY

by admin February 21, 2013

ATLANTA — The Development Authority of Clayton County and the Clayton County office of Economic Development will move forward with plans to develop the $100 million University Station Town Center, a live-work-play community four miles south of Hartsfield-Jackson Atlanta International airport. The 165,000-square-foot development will be located near the National and State Archives facilities. The project will include 100,000 square feet of retail, a hotel with up to 100 beds, a maximum of 50,000 square feet of office space, and up to 20,000 square feet of senior living space. The project is already home to a soundstage where several recent projects have been filmed, including the upcoming Scary Movie 5.

February 21, 2013

Multifamily Southeast

JV ACQUIRES 312-UNIT JACKSONVILLE COMMUNITY

by admin February 21, 2013

JACKSONVILLE, FLA. — A joint venture between Behringer Harvard Opportunity REIT II and ApexOne Investment Partners has acquired Wimberly at Deerwood, a 312-unit apartment community located at 9727 Touchton Road in Jacksonville. The apartments include one, two or three bedrooms, nine-foot ceilings, wood flooring in the kitchens and entryways and full-size washers and dryers. The units average 914 square feet. Community amenities include a swimming pool, fitness center, business center and 60-person theater room. Behringer Harvard Opportunity REIT II is the controlling partner.

February 21, 2013

Retail Southeast

PUBLIX-ANCHORED MAHAN VILLAGE OPENS IN FLORIDA

by admin February 21, 2013

TALLAHASSEE, FLA. — Cousins Properties Inc., with Watkins Retail Group and New Horizon Retail, has completed the development of the 147,000-square-foot Mahan Village in Tallahassee. The $26 million project is located at Capital Circle and Mahan Drive. A 67,664-square-foot Academy Sports + Outdoors, along with a 45,600-square-foot Publix anchor the property. The Publix relocated to Mahan Village from a smaller store across the street from the project. The Academy Sports + Outdoors is the only location for the company in Tallahassee. Other tenants include Uncle Maddio's Pizza Joint, Bruegger's Bagels, Moe's Southwest Grill and H&R Block.

February 21, 2013

Multifamily Southeast

CONSTRUCTION UNDER WAY ON HINES' @1377 RESIDENCES

by admin February 21, 2013

ATLANTA — Hines has started construction of @1377, a 215-unit multifamily complex on Dresden Drive in Atlanta. The development represents the company's first for-rent residential project in the region. The four-story building will have an attached multi-level parking garage. Amenities will include a swimming pool, fitness center, Internet cafe and sports lounge. The project will also feature studios, and one- and two-bedroom units ranging in size from 468 to 1,537 square feet. General Contractor Urban Oaks Builders expects occupancy of the first units this October with final completion in December 2013. The Preston Partnership of Atlanta designed the project.

February 21, 2013

Industrial Southeast

BINSWANGER TO MARKET 350,000 SF INDUSTRIAL FACILITY IN S.C.

by admin February 21, 2013

BLYTHEWOOD, S.C. — Pinchal & Co. LLC has named Binswanger the exclusive agent for the sale of a 350,000-square-foot industrial building on 23.5 acres at 1091 Carolina Pines Drive in Blythewood. Constructed in 1999, the building includes reinforced concrete floors, 31- to 35-foot clear ceiling heights, 70 dock doors and 8,280 square feet of office space. The property overlooks I-77 and is located eight miles from I-20.

February 21, 2013

Office Southeast

CROCKER BUYS $33.2M FLORIDA OFFICE BUILDING VIA AUCTION.COM

by admin February 20, 2013

ORLANDO — Crocker Partners has completed its purchase of Orlando University Center, a 386,521-square-foot office complex near the University of Central Florida, for $33.2 million. The property, sold via Auction.com, represents the second largest office sale of 2012. The five-building complex is 70 percent occupied with 56 tenants. Colliers International represented the seller, LNR, in the transaction. The buyer was self-represented. Archetype Mortgage Capital provided the auction financing.

February 20, 2013

Office Southeast

PARTNERSHIP BUYS 125,000 SF DECATUR COURT

by admin February 20, 2013

DECATUR, GA. — A partnership between Redstone Investments and Weaver & Woodberry has acquired Decatur Court, a 125,000-square-foot office building in downtown Decatur. Capmark Bank, which took ownership of the property through foreclosure in early 2012, was the seller. The building is 70 percent leased and sits on five acres. Tony Swann of CBRE represented the seller in the transaction. Redstone was self-represented.

February 20, 2013

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