PASCO COUNTY, FLA. — Dallas-based CoastOak Group has acquired Connerton from Terrabrook, the previous developer, for an undisclosed price. Located in central Pasco County, the 4,800-acre, mixed-use master planned community is the only “New Town” currently under construction in the greater Tampa Bay area. As planned the community will feature approximately 8,500 residential units and more than 3 million square feet of commercial space for office, industrial and retail uses. The community currently features onsite shopping, a long-term acute care facility, a soon-to-open elementary school, Club Connerton, neighborhood parks and conservation areas.
HOBE SOUND, FLA. — DiVosta Investments has purchased the Bank of America building in Hobe Sound for $1.87 million or $127 per square foot. Built in 1972, the two-story, approximately 14,686-square-foot office property was 100 percent occupied at the time of acquisition. William Strauss, David Donnellan, Todd Weintraub and Warren Sears of CB Richard Ellis represented the seller, Evanston, Ill.-based Bridge Road LLC, in the transaction.
VIRGINIA BEACH, VA. — Amerigroup Corp. has signed a lease for 30,528 square feet of office space at Corporate Center VI in Virginia Beach. Additional details of the transaction were not released. Donald Crigger of CB Richard Ellis represented the tenant; Gerald Keller of Pembroke Commercial represented the undisclosed landlord in the transaction.
ORLANDO, FLA. — Fisher Auction Co. and Cushman & Wakefield have completed a bulk sale of condominium units at The Vue at Lake Eola, a 375-unit multifamily property in Orlando. An undisclosed buyer from Rio de Janeiro, Brazil, placed the highest bid on the portfolio, which includes 145 condominium units and approximately 8,000 square feet of retail space. The portfolio sold for $25.9 million. Fisher and Cushman & Wakefield conducted the bulk-buy auction.
APOPKA, FLA. — Quality Custom Distribution Services (QCD), a subsidiary of Golden State Foods Corp., has leased 60,058 square feet of warehouse space at Northwest Distribution in Apopka. The company will provide logistics services for Chick-fil-A and Starbucks Coffee. The facility offers dry good storage and distribution, as well as 15,000 square feet of cooler/freezer space. QCD plans to move into the facility in August. Quentin Caruso of Realty Capital Advisors and Dallas-based Corporate Realty Advisors represented the tenant; Robert Rebman and Lyle Nelsen of Winter Park, Fla.-based Rebman Properties represented the landlord, Oakmont Industrial Group, in the transaction. Terms of the transaction were not disclosed.
NORCROSS, GA. — Georgia-based Alta Telecom Inc. has signed a lease for 30,375 square feet of office space within Peachtree Technology Center, which is located at 5854 Peachtree Corners East in Norcross. Located in Suite 100, the new space includes a 5,000-square-foot data center. Kevin Creel and Joe Grace of CresaPartners Atlanta represented the tenant; Bryan Heller of TPA Realty Services the landlord, Peachtree Technology, in the transaction. Terms of the lease were not released.
ORLAND, FLA. — Fort Myers, Fla.-based J.L. Wallace Construction has commenced the renovation of the VA Consolidated Patient Account Center in Orlando. The project includes the renovation of the entire third floor, as well as the redesign of 48,000 square feet of space to accommodate offices, work stations, conference rooms and training areas. Additionally, the project will include the addition of an elevator tower. Hickory, N.C.-based Atriax Group is providing architectural services for the project.
MARCO ISLAND, FLA. — Ariyan LLC has acquired a 6,000-square-foot property in Marco Island. Located at 551 Collier Blvd., the property sold for $1 million. The sellers were Dennis and Marilyn Downes. Doris Taylor of CB Richard Ellis’ Fort Myers/Naples, Fla., office brokered the transaction.
PRATTVILLE, ALA. — Marcus & Millichap has completed the disposition and sale of a retail property in Prattville. Located at the corner of Cobb’s Ford Road and Legend’s Parkway, the 3,388-square-foot property sold for $1.46 million. The property is currently occupied by AT&T Wireless. Alvin Mansour, Phil Sambazis and Edwin Greenhalgh of Marcus & Millichap represented the seller in the transaction; Andrew Chason and Matt Fitzgerald, also of Marcus & Millichap, represented the Florida-based buyer.
MCLEAN, VA. — Freddie Mac has appointed Mike McRoberts to vice president of Multifamily Production and Sales. In this position, McRoberts is responsible for the origination and purchase of conventional multifamily loans nationwide, the Program Plus Seller/Servicer network and the four multifamily regional sales offices. Previously, he served as vice president and national head of underwriting and credit for Freddie Mac’s multifamily division. Before joining the company in 1992, McRoberts served at First Maryland Mortgage Corp. and First Interstate Mortgage Corp.