CARY, N.C. — Global Knowledge Training LLC has signed an $18 million lease renewal with Intercontinental Real Estate Corp. to stay in the 373,077-square-foot Regency Lakeview office property for an additional 12 years. Regency Lakeview is located on Regency Parkway in Cary. The company has slowly expanded its lease since 1997 and now occupies more than 70,000 square feet. Frank Baird and Bret Muller of Capital Associates represented the tenant. The landlord was represented by Spectrum Properties.
Southeast
WEST PALM BEACH, FLA. — Miller Construction Co. has broken ground on a 30,000-square-foot office/flex building for Republic Services of Palm Beach. The building, which will be built to LEED standards, is located on a 10-acre site at 7329 7th Place North in West Palm Beach. Miller will install a reflective roof, an efficient HVAC system and efficient light fixtures to fulfill green requirements. The space includes 12,000 square feet for offices, an 18,000-square-foot maintenance shop, locker rooms and training areas. Delivery is slated for June.
WARNER ROBBINS, GA. — Atlanta-based Benning Construction Co. will build a 30,000-square-foot movie theater for the Georgia Theatre Co. in Warner Robbins. The 10-screen Houston Lakes Stadium Cinemas will seat 2,000 people. Benning is expected to complete the project in May.
COLUMBUS, GA. — Atlanta-based Choate Construction will soon begin renovating 103 units in the Luther Wilson Homes affordable housing development in Columbus. The property is located at 3400 8th Ave. Bradfield, Richards, Rhodes & Associates designed the project, which includes all-new interior upgrades of the units. Two playgrounds and a pavilion will also be constructed on the property.
HALLANDALE BEACH, FLA. — Forest City has opened The Village at Gulfstream Park, a 500,000-square-foot mixed-use property in Hallandale Beach. The development, which consists of 410,000 square feet of retail space and 90,000 square feet of office space, has been built around the Gulfstream Park Racetrack and Casino. The center is currently 80 percent leased. Tenants include Crate & Barrel, Pottery Barn, Williams-Sonoma and Lilly McKay.
ST. PETERSBURG, FLA. — Douglas Wilson Cos. has taken over as receiver of the 193-unit Nautica Apartments in St. Petersburg. Located on 5th Avenue, the property features a spa, a fitness center and a clubhouse. The Continental Group, Douglas Wilson's management division, will undertake a thorough renovation of the community.
GREENSBORO, N.C. — Laboratory Corp. of America Holdings has signed a lease for 72,000 square feet in the Meadowview Crossing office complex and will invest $4 million into the building during the next 3 years. The Greensboro property will eventually house 373 employees. The tenant received $248,791 in grants from Guilford County, $373,000 from the city of Greensboro and $275,000 from the One NC Fund. A number of organizations, including the Greensboro Economic Development Alliance and the N.C. Department of Commerce, assisted in the transaction.
MACON, GA. — Keystone Automotive has signed a lease with Rooker for 22,000 square feet in the 100,000-square-foot I-16/Ocmulgee East Industrial Park in Macon. The property is a joint venture between Rooker and the Macon-Bibb County Industrial Development Authority. Features include 28-foot ceilings and ESFR sprinklers. Murphy Taylor & Ellis' Albert Edge represented the tenant. Bilijack Bell of Wilson, Hull & Neal represented the landlord.
JACKSONVILLE, FLA. — Football Fanatics has signed a lease with First Winthrop for a 553,151-square-foot property in Jacksonville. The space is located at 5233 Commonwealth Ave. Colliers Dickinson's Guy Preston represented the tenant in the transaction. Bryan Bartlett and John Richardson of Grubb & Ellis|Phoenix Realty Group represented the landlord.
BALTIMORE, MD. —Healthcare Trust of America has signed a purchase agreement with an undisclosed party for the 101,400-square-foot Triad Technology Center. The buyer will purchase the property, located on the Johns Hopkins University Bayview Medical Center Research Campus in Baltimore, for $29.25 million. The space is fully leased to the federal government and houses the National Institute on Aging's Intramural Research Program, the National Institute on Drug Abuse and the National Human Genome Research Institute.