FORT MEADE, MD. — Skanska USA has signed a $30.8 million contract with the U.S. Army Corps of Engineers to construct the U.S. Army’s Asymmetric Warfare Group (AWG) complex in Fort Meade. The project includes the demolition and construction of three new buildings located within the current AWG complex, including the new 75,000-square-foot headquarters building, a 2,700-square-foot visitor control center and a 7,000-square-foot vehicle maintenance and fabrication facility. The project is under way and is scheduled for completion in December 2015. Additionally, the U.S. Army has the option to select Skanska to construct a fourth building, a 15,000-square-foot facility for the Department of Public Works on a site approximately one mile away.
Southeast
GREENVILLE, S.C. — Lee & Associates has closed the sale of a former Sam’s Wholesale Club for $3.25 million in Greenville. The buyer, Verdae Properties, plans to incorporate the acquisition into a larger development, as it also owns adjacent properties. The former Sam’s Wholesale Club is located at 2519 Laurens Rd. in Greenville. The 133,143-square-foot facility was built in 1986.
MARIETTA, GA., AND GREENVILLE, S.C. — Waypoint Residential has acquired The Hamptons at East Cobb in Marietta for an undisclosed price. The 196-unit multifamily complex was constructed in 1997 and is 96 percent leased. The Hamptons at East Cobb is located along Roswell Road near the Atlanta submarkets of Buckhead, Cumberland/Galleria and Central Perimeter. Additionally, Waypoint Residential has purchased a 223-unit multifamily complex known as Garden District located 20 miles outside of Greenville. It was built in 2008 and is 96 percent leased. Waypoint Residential is based in Greenwich, Conn., and has offices in Atlanta and Boca Raton, Fla. The firm owns and manages approximately 10,000 multifamily units across seven states.
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.
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.