BALTIMORE — MdBio Foundation has sold the 56,000-square-foot MdBio Research Center to Rockville, Md.-based Emergent BioSolutions for $7.85 million. The property sits on 5.3 acres at 5901 E. Lombard St. in Baltimore. Mike Norris, Adam Nachlas, Henry Bernstein and Robert Scheer of Scheer Partners brokered the sale.
Southeast
JACKSONVILLE, FLA. — Comcast of Greater Florida/Georgia has signed a 106,253-square-foot lease with Flagler for space in Deerwood North, located at 4600 Touchton Rd. in Jacksonville. Four buildings totaling 500,000 square feet comprise the business park. Comcast will move into four floors in the property early next year. Ross Carrier served as in-house representation for Flagler. David Fahey of Binswanger represented Comcast.
TAMPA, FLA. — Marcus & Millichap has brokered the sale of the 83-unit Tampa Heights Apartments between two private parties for $3 million. The property is located at 4817 Temple Heights in Tampa. Michael Regan and Francesco Carriera of Marcus & Millichap’s Tampa office brokered the transaction.
GAITHERSBURG, MD. — Beacon Place LLC has borrowed $20.88 million to finance the acquisition of Beacon Place at the Kentlands, a 240-unit apartment complex located at 916 Beacon Square Court in Gaithersburg. The 10-year loan carries a 2-year interest-only term and a 30-year amortization. The apartment, which was built in 1991, is 94 percent leased and features a fitness center, a clubhouse and a car wash. Brendan Coleman of Walker & Dunlop secured the loan.
SPARTANBURG, S.C. — Healthcare Trust of America will soon purchase the 108,500-square-foot Mary Black Medical Office Building from an undisclosed seller for $16.25 million. The property is located on the campus of Mary Black Memorial Hospital in Spartanburg. The property, which was built in 2006, is 65 percent occupied.
GREENSBORO, N.C. — Market Street Storage, a venture between Gateway Holdings of Winston Salem, N.C., and Return Holdings of Charlotte, N.C., has opened the nearly 100,000-square-foot Gateway Storage Solutions. The 8.3-acre property is located at 3939 W. Market St. in Greensboro. Gateway Storage is a repositioned warehouse formerly operated by Flav-O-Rich Dairy. Landmark Builders of the Triad provided construction services, and High Point Bank provided financing for the project.
ASHLAND CITY, TENN. — Jacksonville, Fla.-based Summit Contracting Group will soon start construction of The Vantage Pointe Homes at Marrowbone Heights for Montgomery, Ala.-based Vantage Pointe Homes. The 200-unit property is spread across nine buildings in Ashland City.
AUSTELL, GA. — Atlanta-based QR Capital has purchased the 146-unit Kingsley Village Apartments from Freddie Mac for an undisclosed amount. The purchase is the firm’s first deal since its inception 5 months ago. Kingsley Village is located on 12 acres in Austell. Cushman & Wakefield’s Atlanta office brokered the sale.
TAMPA, FLA. — Humana Medical Plan has signed a 170,051-square-foot lease renewal worth $18.5 million with Triple Net Properties. The space is located in the NetPark property at 5701 E. Hillsborough Ave. in Tampa. Humana has occupied the building, where it employs 1,000 workers, since 2005. Jeff Tolrud of Colliers Arnold negotiated the deal.
HAVRE DE GRACE, MD. — In a joint venture with Baltimore-based MCB Real Estate, The Hampshire Cos. of Morristown, N.J., has purchased a 502,678-square-foot warehouse from The Sun Products Corporation for an undisclosed amount. The property is located at 1900 Clark Rd. in Havre De Grace. Sun Products, the manufacturer of Solo Cups, will remain the sole tenant in the building and plans to expand its space by 110,000 square feet.