DUBLIN, VA. — Supertel Hospitality has sold a 99-unit Comfort Inn to Vrindavan Hospitality for an undisclosed amount. The Dublin hotel is located on more than 8 acres of land and features an on-site restaurant. A West Virginia community bank provided financing to the buyer, who plans on renovating the property. David Mumford and Ed James of Newport News, Va.-based The Mumford Co. represented the seller. During the past 10 years, Mumford Co. has represented Supertel in more than 30 transactions.
Southeast
HENRICO COUNTY, VA. — Three Way Logistics has signed a lease with an undisclosed landlord for 85,417 square feet of warehouse space at Interport Business Center. The property is located at 4810 Eubank Road in Henrico County. Thalhimer's Evan Magrill, N. Dean Meyer and Dawn Calabrese brokered the transaction.
ORLANDO, FLA. — Roger B. Kennedy Inc. has completed construction of the 30,000-square-foot Kirkman Plaza in Orlando. The two-story property is located at 485 S. Kirkman Road. Emergency Insurance Restoration Services is developing the project, which was designed by Orlando-based CPH Engineers.
FAYETTEVILLE AND GREENVILLE, N.C. — Carlie C's IGA has leased a 44,000-square-foot retail space from an undisclosed landlord in Cliffdale Corners. The property, located at the intersection of Cliffdale and Reilly roads in Fayetteville, formerly housed a Winn-Dixie. Drew Logan and David Allen of the Shopping Center Group's Raleigh, N.C., office represented the landlord in the 10-year lease. Logan and Allen represented both parties in Ollie's Bargain Outlet's 30,160-square-foot lease from an undisclosed landlord. Located in the Rivergate Shopping Center at the intersection of Greenville Boulevard and 10th Avenue, the space was formerly occupied by a Piggly Wiggly.
WEST PALM BEACH, FLA. — The law firm Lewis, Longman & Walker has signed an 11-year lease with Gaedeke Group for 15,742 square feet in its Northbridge Centre office development. The property is located at 515 N. Flagler St. in West Palm Beach. Occupancy of the 288,131-square-foot building is now 64 percent. Touchstone Webb Realty Co.'s Laureen Hunter represented the tenant. Kirk Fetter served as in-house representation for the landlord.
PINELLAS PARK, FLA. — Marcus & Millichap has brokered the sale of a 1,425-square-foot Church's Chicken between two undisclosed parties for $615,000. The Pinellas Park restaurant is used as a training location. Ron Schultz and John Brigel of Marcus & Millichap's Tampa, Fla., office represented the seller. Paul Bitonti and Brenton Baskin of the firm's Newport Beach, Calif., office represented the California-based buyer.
EDGEWATER, MD. — Regency Centers has broken ground on the 271,803-square-foot Village at Lee Airport, a mixed-use center anchored by a 62,911-square-foot Giant Food. Located on Maryland Avenue in Edgewater, the property will also house Panera Bread, Hong Kong Express and Subway. A 75,000-square-foot residential area is also part of the plans. Completion is expected late this year.
RALEIGH, N.C. — Regency Centers and Cary, N.C.-based WelCor Development will break ground Wednesday on the $20 million Market at Colonnade, located at the intersection of Six Forks Road and Colonnade Center Drive in Raleigh. The project will include a 40,000-square-foot Whole Foods Market and 17,000 square feet of additional retail space. Market at Colonnade was designed to LEED standards and is expected to generate 120 construction jobs and 160 permanent jobs. Delivery is slated for 2011.
PALMETTO BAY, FLA. — Master Builders of South Florida has broken ground on the Palmetto Bay Village Hall in Palmetto Bay. Designed by Boca Raton-based JMWA Architects, the property will be built to LEED Gold specifications. The two-story building will include offices for the mayor, the village commissioners, the police department and other village government departments. Completion is slated for November.
COLUMBIA, TENN. — Charles Warner of Baker Storey McDonald Properties has brokered Realty Income Corp.'s sale of a 7,500-square-foot former Hollywood Video location to Aaron's Inc., part of a three-property deal valued at $2.06 million. The building, located at 803 S. James Campbell Blvd. in Columbia, will be converted into a Aaron Rents store. The other stores are located in Arkansas and Ohio. Warner, with the help of the firm's Sheldon Griffen, has also brokered BSM Creekside's sale of a 2,500-square-foot building formerly occupied by Regions Bank to Kroger Limited Partnership I for $735,000. The property is located at 1000 S. James Campbell Blvd.