POOLER, GA. — Atlanta-based Ben Carter Enterprises plans to break ground on a $200 million, 560,000-square-foot luxury outlet mall in Pooler, a Savannah, Ga. suburb, next spring. The Outlet Mall of Georgia projects to open in the summer of 2014 with four anchor retailers on a 170-acre site that offers space for more retail and hotel construction. Savannah-based Kern-Coleman & Co., an engineering and architectural firm, is working on The Outlet Mall of Georgia with Ben Carter Enterprises.
Southeast
WOODSTOCK, GA. — Northside Cherokee Towne Lake Medical Office Building broke ground recently at 900 Towne Lake Pkwy. in Woodstock, approximately 25 miles north of Atlanta. Northside Hospital will lease the entire four-story, 100,817-square-foot medical office building that will house outpatient healthcare services and physician practices. Indianapolis-based Duke Realty is developing the medical office building as well as a three-story, 350-space parking garage that will complement surface parking spaces. Duke Realty Towne Lake Development LLC, a wholly owned entity of Duke Realty LP, will own the medical office building when completed in August 2013. Lyman Davidson Dooley Inc. is the project architect and Brasfield & Gorrie is the general contractor.
CHALMETTE, LA. — St. Bernard Parish Hospital, the first full-service hospital built in greater New Orleans since Hurricane Katrina seven years ago, opened recently. The $91 million, three-story, 113,300-square-foot, 40-bed hospital and a three-story, 69,000-square-foot medical office building are located at 800 W. Judge Perez Dr. in Chalmette, five miles southeast of downtown New Orleans. St. Bernard Parish Hospital Service District (HSD) owns both facilities and Brookfield, Wis.-based Hammes Co. is the program manager for the publicly owned hospital that includes a 10-bed intensive care unit. The medical office building houses physician suites, outpatient rehabilitation and administrative offices. The facilities are located on an 11.5-acre site donated by Arlene and Joseph Meraux Charitable Foundation. The HSD has an option on another eight-acre donation from the foundation.
TALLAHASSEE, FLA. — The $2.4 million, 9,000-square-foot Midtown Centre, a retail property at 1321 Thomasville Rd. in Tallahassee’s Midtown submarket, is under construction. Osborne & Co. is developing Midtown Centre and Omni Construction is the project contractor. CRA Architects is designing the retail property to complement the nearby Los Robles neighborhood’s architecture.
WASHINGTON, D.C. — The Woodner, a 1,072-unit Class B multifamily property in Washington, D.C.’s Mount Pleasant neighborhood, received $74.75 million in financing from Berkeley Point Capital LLC. Two 13-story buildings connected by a lobby comprise The Woodner at 3636 and 3640 16th St. The buildings are owned by separate but related entities and the transaction was underwritten as two separate loans. Proceeds will be used to pay off six existing loans maturing in June 2013 and to provide additional funds for upgrades to the art deco-style common areas. Rob Cantizano of Berkeley Point Capital’s Bethesda, Md. office led the transaction.
ATLANTA — Charlie Heard has been named The Sembler Company’s vice president of development and Southeast market leader based in the firm’s Atlanta office. His duties include pursuing new shopping center development opportunities in Georgia, South Carolina, North Carolina, Tennessee and Virginia. Heard has more than 25 years of real estate experience in retail and residential development as well as commercial land sales in the Southeast. His past retail clients include Publix, Kroger, Target, The Home Depot, Best Buy, CVS/pharmacy and Walgreen’s.
ATLANTA — Boca Raton, Fla.-based Crocker Partners has acquired the 18-story, 432,000-square-foot Class A Prominence office building in Atlanta’s Buckhead submarket for $105 million. Crocker Partners owns and manages approximately 2.5 million square feet of office space in the Atlanta market. “Our strategy focuses on top-tier assets in second-tier cities,” says Tom Crocker, managing partner with Crocker Partners. TIAA-CREF and Equity Office Properties sold the property, which was under contract this past summer.
LADY LAKES, FLA. — Orlando, Fla.-based CNL Healthcare Trust and Vero Beach, Fla.-based Harbor Retirement Associates (HRA) have broken ground on the $21.6 million HarborChase of Village Crossing, an assisted living community on Route 441 across from The Villages Regional Hospital in Lady Lakes. The community will include a two-story building with 96 units and approximately 91,000 square feet of space. HRA will provide management services upon the community’s completion in late 2013.
LEXINGTON, VA. — Nelson Street Realty LLC, an affiliate of Charlotte, N.C.-based Morgan Property Group, has sold 3.14 acres of land on East Nelson Street and U.S. Route 11A in Lexington for $2.1 million. Altoona, Pa.-based Sheetz Inc., a family owned and operated convenience store chain, has signed a ground lease for the development of a convenience store. The City of Lexington approved the land for construction late last summer. Marcus & Millichap represented Nelson Street Realty and Marstellar Realty represented the unlisted buyer.
LAKE WORTH, FLA. — An 18-acre parcel of land at 4411 S. Congress Ave. in Lake Worth has sold for $2 million to Morguard Coral Lakes LLC, an affiliate of Kenner, La.-based Morguard Management Co., that is approved for 169 townhouses. FCB Palm Beach Holdings LLC, an affiliate of Florida Community Bank, sold the site that is located west of Palm Beach State College and north of JFK Medical Center. Fort Lauderdale, Fla.-based Brenner Real Estate Group’s Reese Stigliano represented Morguard Coral Lakes and the seller was self-represented.