Southeast

INMAN, S.C. — Ridge Point Church of God has sold a 17,275-square-foot building to Breakthrough Outreach Center for an undisclosed amount. The property is located at 640-660 Lyman Rd. in Inman, S.C. Deborah Williams of Re/MAX Adventure Realty in Spartanburg, S.C., represented the buyer. The seller was represented by Deanna Hemberger of Greenville, S.C.-based Bentley Commercial/CORFAC International.

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GREENVILLE, S.C. — A joint venture between Charlotte, N.C.-based Flagship Capital Partners and Baltimore-based Alex. Brown Realty has purchased the 45,000-square-foot Eastside Medical Center from Hotzfam Trusts for an undisclosed amount. The property is located on Enterprise Boulevard in Greenville. Grandbridge Real Estate Capital’s Rob Vaughn arranged financing. Brannen Edge and Bill Transou represented Flagship in house, and the seller was represented by Colliers Keenan’s Bucky Tarleton, who works in the firm’s Greenville office.

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NAPLES, FLA. — Naples-based CORE Construction Florida has been selected to construct a new museum for the Marco Island Historical Society in Naples worth $2.86 million. The property will encompass a 6,242-square-foot living history hall and an 11,000-square-foot building for exhibits and offices. The property will include a specially designed vault to house the Key Marco Cat, a Calusa Indian wood carving unearthed by Frank Hamilton Cushing in 1895. Delivery of the property is expected in January.

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DELMAR, MD. — Kraus Development, a subsidiary of Baltimore-based Leonard Kraus Co., has purchased a Delmar warehouse from an undisclosed seller for an undisclosed price. The property, located at 503 S. Maryland Ave., can be broken up into units ranging from 6,375 square feet to 50,000 square feet. This gives the space a variety of loading configurations, office spaces and ceiling heights. John McClellan of Salisbury, Md.-based Sperry Van Ness – Miller Commercial Real Estate brokered the sale.

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CASSELBERRY, FLA. — LaSalle Investment Management has borrowed $18.25 million for its 408-unit Harbor at Lake Howell apartment complex. The property, which sits on 34 acres at 1280 Vinings Lane in Casselberry, is 90 percent leased. Apartment amenities include two swimming pools, a tennis court, a fitness center and a business center. Freddie Mac financed the 7-year, adjustable-rate loan. John Rose of Holliday Fenoglio Fowler’s Dallas office and Paul Stasaitis and Elliott Throne of the firm’s Coral Gables, Fla., office secured the loan.

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WASHINGTON, D.C. — Perseus Realty LLC has taken out a $103.5 million loan against a 309,480-square-foot, Class A office building in Washington. The financing replaces an acquisition loan for the property, located at 1110 Vermont Ave. N.W. The building is 78 percent leased to the advertising firm WPP, Streamsage, Tompkins Construction and 21 additional tenants. Lindsay Stroud of Washington-based Perseus Realty Capital secured the 3-year, fixed-rate loan.

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LEHIGH ACRES, FLA. — Coconut Grove, Fla.-based Carlisle Development Group has opened its 100-unit Heron Pond II Apartments senior living complex. Located at 8421 Heron Pond Dr. in Lehigh Acres, the $14 million complex contains 60 one-bedroom units and 40 two-bedroom units. Residents benefit from on-site health fairs, free medical testing and seminars on financial counseling. The two-story property includes two community clubhouses, a pool, a fitness center, a barber shop and a library. Each unit features roll-in shower stalls, grab bars and scald-control faucets.

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