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.
Southeast
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.
KENNESAW, GA. — Atlanta-based Choate Construction Co. is eyeing a spring completion of a $16.5 million soccer stadium on the campus of Kennesaw State University in Kennesaw. Features include locker rooms, administrative offices and stadium seating for 8,300 spectators. The property, which was designed by the architecture firm Rossetti, is part of the second phase of the university's Sports & Recreation Park, an 88-acre project that will feature additional soccer fields, a rugby field and hiking trails. The Atlanta Beat, a women's professional soccer team is expected to lease the stadium this spring.
MIAMI — Alex Zylberglait and Ryan Shaw of Marcus & Millichap's Miami office have brokered the $3.75 million sale of Square One Center between two private parties. The 17,600-square-foot medical office building is located at 20880 W. Dixie Highway in Miami. Square One was built in 1999 and houses numerous NNN-leased medical tenants.
DULUTH, GA. — NCR Corp. has signed a lease renewal for 187,298 square feet and an expansion of 64,198 square feet with Satellite Realty Holdings. The deal extends NCR's original office lease by 6 years; the new lease will expire in 10 years and 9 months. The space is located at 2651 Satellite Blvd. in Duluth. John Shlessinger and John Ferguson of CB Richard Ellis represented NCR. Steve Morgan of Grubb & Ellis represented the landlord.