NEW BERN, N.C. — Henderson, N.C.-based Variety Wholesalers has signed a 58,000-square-foot lease at the 140,000-square-foot Furniture Fair Shopping Center, located at 2800 Neuse Blvd. in New Bern. The company plans to open a Rose's Discount Store at the property this summer. Walt Crayton of New Bern-based Crayton Commercial, along with Fred Morton of New Bern-based Morton Cos., represented the landlord, Jacksonville, N.C.-based Boomtown Furniture.
WASHINGTON, D.C. — The 236,054-square-foot 801 9th Street NW, located in Washington, D.C., has sold for $147.5 million. The eight-story property is fully leased on a triple-net basis to the United States Mint through September 2019. Stephen Conley, Jim Meisel, Dek Potts and Andrew Weir of HFF's Washington, D.C., office represented Wereldhave USA, the seller, in the transaction. J Street Cos. represented the buyer, NSP Ventures.
TAMPA, FLA. — Orlando, Fla.-based Roger B. Kennedy, Inc. has broken ground on a $9 million, 57,025-square-foot LA Fitness, located at 301 S. Dale Mabry Hwy. in Tampa. In addition, the firm will construct a 292-space, 97,787-square-foot parking garage. St. Petersburg, Fla.-based ARC3 Architecture designed the property, which is slated for completion in November 2012.
NASHVILLE, TENN. — A joint venture between H.G. Hill Realty Co. and Southeast Venture have plans to build the 90-unit 12 South Lofts, a mixed-use project located at 2310 12th Ave. S. in Nashville. In addition to the multifamily units, the building will include 9,800 square feet of ground floor retail. Construction is expected to begin mid-April with completion slated for summer 2013.
ST. PETERSBURG, FLA. — Marcus & Millichap has arranged the $5.25 million sale of the 144-unit Gateway Apartments, located at 2000 Gandy Blvd. in St. Petersburg. Michael Regan and Francesco Carriera of Marcus & Millichap's Tampa, Fla., office represented the seller, a special servicer, in the transaction and procured the buyer, a private investor.
STONE MOUNTAIN, GA. — The 474-unit Park Springs, a continuing care retirement community located at 500 Springhouse Cir. in Stone Mountain, has received $47.3 million in refinancing. Richard Swartz, Phil Anderson, Jay Wagner and Aaron Rosenzweig of Cushman & Wakefield Sonnenblick Goldman's Boston office arranged the financing on behalf of the borrower, Isakson Living. Bank of America and Atlantic Capital Bank provided the financing.
ORLANDO, FLA. — Orlando-based CNL Lifestyle Properties has entered into an agreement to acquire four assisted living communities in Georgia from Solomon Holdings III Dogwood Four for $80 million. The properties include Dogwood Forest in Alpharetta, Dogwood Forest of Eagles Landing in Stockbridge, Dogwood Forest in Fayetteville and Dogwood Forest in Gainesville. The company expects to close the purchase in May.
WESLEY CHAPEL, FLA. — Adventist Health System has selected Alter+Care to develop the 100,000-square-foot Wellness Plaza at Florida Hospital Wesley Chapel, a three-story wellness facility and medical office building located in Wesley Chapel. The 50,000-square-foot wellness center will include a 25-meter lap pool, warm water therapy pool, locker rooms, an indoor walk/jog track, massage services, group exercise studios, conference rooms, cardio and free weights equipment, a heart-healthy cafe, logo shop and disease management and wellness education programs. The remainder will be leased to physicians and ancillary healthcare service providers. Completion is slated for fall 2012.
CULPEPER, VA. — The 95,477-square-foot Culpeper Marketplace Shopping Center, located at the intersection of James Madison Highway and Nalles Mill Road in Culpeper, has sold. The property is 98 percent leased to tenants, which include Kohl's, Famous Footwear, Anytime Fitness and Buffalo Wild Wings. Bob Sanner of Cassidy Turley's San Francisco office represented Menomonee Falls, Wis.-based Continental Properties Co., the seller, in the transaction. The buyer was Culpeper Marketplace Associates, an affiliate of Virginia Beach, Va.-based Wheeler Interests.
ST. PETERSBURG, FLA. — BB&T Bank has sold the 19,045-square-foot San Martin Village Retail Center, located at 10690 Gandy Blvd. in St. Petersburg, to Hamza Investment Properties for $1.4 million. Dennis Bush, Frank Boullosas and Elliott Ross of Clearwater, Fla.-based The Ross Realty Group represented the seller in the transaction. Michelle Smith of Tampa, Fla.-based Ocean Blue Realty represented the buyer.