JACKSONVILLE, FLA. — Global Income Trust, a real estate investment trust, has acquired an 817,632-square-foot distribution center in Jacksonville for $42.5 million. The Class A industrial building is located within the 1,500-acre Imeson International Industrial Park. It is fully leased to Samsonite LLC, a subsidiary of Samsonite International S.A., the world’s largest travel luggage company, and serves as the primary North American distribution center for Samsonite.
Southeast
COLUMBIA, S.C. — CMC Construction Services Warehouse, located at 500 Huger St. in Columbia, has sold to Arnold Realty Co., completing an assemblage of properties to be redeveloped for the University of South Carolina. The industrial property adds 1.6 acres to the University development, which will be constructed as a state-of-the-art student housing project that will serve as a gateway to the University’s campus at Blossom and Huger streets. The complete development site totals four acres. Keith Moore of CBRE/Columbia represented Arnold Realty Co.
NORTH CHARLESTON, S.C. — Faber Centre, a four-story, 97,000-square-foot Class A office building, has sold to LAF Brothers Properties LLC in North Charleston. Atlanta-based Holder Properties and Charleston, S.C.-based Durlach Associates developed the property in a joint venture. It is currently 94 percent leased to regional and national office tenants. Colliers International represented both parties in the transaction.
MIAMI — An affiliate of Doral, Fla.-based The Easton Group has acquired two adjacent industrial buildings totaling 58,954 square feet at 3939 and 3901 N.W. 27th St. in Miami, just east of the Miami International Airport, for $2.9 million. The existing tenant, GA Telesis, signed a five-year lease as part of the transaction. GA Telesis markets, sells and leases aircraft engines. Espirito Santo Bank handled the transaction’s financing.
TAMPA, FLA. — Monument Leasing Co. has sold a 25,800-square-foot warehouse for approximately $1 million to 7902 Anderson Road Crossings LLC, which plans to occupy the building after significant renovations. The building is located in a predominately<
TAMPA, FLA. — Florida-based Stevens Construction has started construction of a multi-phase revitalization of Florida Hospital Tampa. The master project includes both interior and exterior updates to the building, located at 3100 E. Fletcher Ave. in Tampa. Exterior updates include 202,732 square feet of updated exterior vertical wall surface, the addition of more than 30,000 square feet of impact-rated glass windows on the South, Main and North Towers, and new lighting features. The interior renovation of 355 patient rooms will include new flooring and painting. Florida Hospital Tampa will remain operational throughout the entire project, which is set for completion in the summer of 2014.
PENSACOLA, FLA. — Prudential PenFed Realty, a full-service real estate company serving the Northeast, Mid-Atlantic and Southeastern United States, has acquired Pensacola-based Prudential Coastal Properties, a full-service real estate agency that serves northwest Florida’s residential and commercial properties. Prudential Coastal Properties has been in business for 12 years and will be renamed Prudential PenFed Realty.
MAULDIN, S.C. — Siemens Industry Inc., a maker of mechanical and electrical drive equipment, plans a new 45,600-square-foot assembly and manufacturing facility in Mauldin. The industrial property will place the company’s products closer to machine builders and manufacturers in the Southeast. “The announcement of this plant adds to Siemens’ ability to be a single-source provider of integrated drive train solutions for the industry,” says Doug Keith, president of Siemens Drive Technologies Division.
HICKORY, N.C. — Beachwood, Ohio-based Chase Properties Ltd., an owner and operator of community shopping centers, has acquired the 144,000-square-foot Valley Corners from Collett & Associates. The shopping center is located directly on Highway 70 in Hickory and is anchored by Michaels, Ross Dress For Less, Ashley Furniture and PETCO. Other tenants include Rack Room Shoes, Dressbarn, Cato, McDonald’s, Olive Garden and Chili’s. David Webb of Berkeley Capital Advisors brokered the transaction.
WASHINGTON, D.C. — Chevy Chase, Md.-based Federal Capital Partners (FCP) has sold the 297-unit Allegro Apartments, located in Washington, D.C.’s Columbia Heights neighborhood, to an institutional buyer. The mixed-use property includes a 247-space underground parking garage and more than 6,000 square feet of retail space. Dave Nachison and Alan Davis of HFF represented FCP.