MIAMI BEACH, FLA. — SIKON Construction of Deerfield Beach, Fla., has broken ground on an 84,000-square-foot grocery project at 1800 West Ave. in Miami Beach. The property was designed by api(+) Architects. The property includes a 28,000-square-foot The Fresh Market store with a two-story parking deck on top. Delivery is expected during the fourth quarter.
Southeast
TAMPA, FLA. — FL-4 Carlsbad has sold the 132-unit Valencia Village Apartments to an undisclosed LLC based in Corpus Christi, Texas, for $1.93 million. The property is located at 13408 Grand Prix Way in Tampa. Evan Kristol, Still Hunter, III, and Francesco Carriera of Marcus & Millichap represented both parties in the transaction.
PALM BAY, FLA. — Susan Morris and Kane Morris-Webster of Colliers Arnold's Orlando, Fla., office have brokered the $1.5 million sale of Osler Medical Pavilion between two undisclosed parties. The 17,790-square-foot property faces Palm Bay Road in Palm Bay.
SUNRISE, FLA. — GL Commercial has acquired seven outparcels at the Fountains of Miramar shopping center from a private party for an undisclosed price. The property is located at the intersection of Miramar Parkway and Dykes Road in Sunrise. Four of the outparcels are occupied by Chick-fil-A, JP Morgan Chase, Shell Station and Benihana. Further details of the transaction were not disclosed.
ORLANDO, FLA. — Shelton Granade and Luke Wickham of CB Richard Ellis' Orlando office represented a private seller in the sale of the 360-unit Waterways apartment complex to an undisclosed buyer. The sales price was not released. The Orlando property was built in 1988 and is currently 76 percent occupied.
COLUMBIA, S.C. — Midtown at Forest Acres, a 695,000-square-foot enclosed shopping mall located in Columbia, has been sold. The lender-owned mall traded for $4.42 million, or $6.37 per square foot. Occupancy at the center, which is situated at 3400 Forest Drive, is currently 48 percent. Anchors include Belk, Parisian, Dillard's, Barnes & Noble, Regal Cinemas and TGI Friday's. Bill Kohlhepp of the Fort Lauderdale, Fla., office of Marcus & Millichap and Bill Buford, Jr., of the firm's Clinton, S.C., office represented the seller, Richland Joint Venture Group LLC. Columbia-based R. Leon Jones Realty represented the undisclosed buyer.
THOMASTON, GA. — Diamond Alternative Energy has purchased a 41,000-square-foot manufacturing facility from a private buyer for an undisclosed amount. Located in the Thomaston-Upson County Industrial Park at 300 McIntosh Parkway in Thomaston, the property will be used as a bio-fuel manufacturing plant. James L. Jackson of Macon, Ga.-based Jackson & Jackson represented the seller.
ALTAMONTE SPRINGS, FLA. — Physicians Associates has purchased a 24,102-square-foot office from an undisclosed seller for $3.4 million. The property is located at 235 N. Westmonte Drive in Altamonte Springs. Jason Bantel of Realty Capital represented the buyer. The firm's Austin Caruso, Quentin Caruso and Brian Caruso represented the seller.
NAPLES, FLA. — CR South has purchased the 115,000-square-foot Marquesa Plaza from Marquesa Plaza LLC for $11 million. The shopping center is located at the intersection of Livingston and Pine Ridge roads in Naples. Marquesa is 50 percent leased to Starbucks Coffee, Anytime Fitness, Carvel Ice Cream and 16 additional tenants. CR South is a partnership between Continental Realty Corp. and Forman Capital.
ASHLAND, VA. —Daniel, Daniel & Daniel LP has sold a 58,684-square-foot flex property in Ashland to Purnell Furniture Services Inc. for $2.25 million. The property is located at 11223 and 11237 Leadbetter Road. Clifford Porter of Porter Realty Co. represented the seller. Grant Massie Land Co.'s Ned Massie represented the buyer.