Southeast

GREENBELT, MD. — An affiliate of Harbor Group International has purchased Hanover Apartments from Federal Capital Partners and Angelo, Gordon & Co. for $39.5 million. The 320-unit property is located near the intersection of Capital Beltway and Interstate 95 in Greenbelt. The seller purchased Hanover in 2006 and has invested more than $9 million in upgrades to the property. Ideal Realty Group's Allen Manesh and Dean Sigmon brokered the sale.

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BALTIMORE COUNTY, MD. — Grand Lodge of Maryland Independent Order of Oddfellows has purchased a 25,500-square-foot retail building from St. John Properties for $1 million. The property, which is located in the 160,000-square-foot North Point shopping center in Baltimore County, has formerly housed a roller rink, a bingo hall and a flea market. The tenant will occupy the building during the first quarter of next year after a renovation.

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MIAMI — An affiliate of Phillips Edison and Co. has sold the 99,864-square-foot West Bird Plaza shopping center to an affiliate of Equity One for an undisclosed amount. The property, which is located at the intersection of Bird Road and Southwest 117th Avenue, is anchored by Publix and CVS/pharmacy. West Bird Plaza is 94 percent leased. Anthony Blanco, Jim Michalak and Lenard Williams of Plaza Advisors represented the seller.

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RICHMOND, VA. — Ty Underwood and Fain Hicks of NAI Brannen Goddard have represented both parties in the sale of Short Pump Station, a 91,369-square-foot shopping center. The property was listed at $32.5 million. Located at 11301 W. Broad St. in Richmond, the center houses Trader Joes, Ulta, PetCo, Verizon Wireless and Jimmy Johns. Short Pump Station was completed in 2008.

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