Tuesday, August 4, 2026
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Southeast

CivicSoutheast

STILES TO BUILD 75,000-SQUARE-FOOT UNIVERSITY BUILDING IN FLORIDA

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PALM BEACH GARDENS, FLA. — Stiles will break ground next month on the 75,000-square-foot Student Educational Center for Nova Southeastern University. The property will be located on Military Trail in Palm Beach Gardens. Stiles purchased the land for $7 million, and NSU will buy the development back when it's completed. The property will feature 26 classrooms, a student lounge, a fitness area and offices. Stiles' project will replace the current NSU facility on RCA Boulevard. City National Bank of Miami financed the development, which will deliver by January 2011.

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OfficeSoutheast

TROUTMAN SANDERS SIGNS LEASE FOR 114,000 SQUARE FEET IN D.C.

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WASHINGTON, D.C. — Atlanta-based Troutman Sanders has leased 114,000 square feet from Square 407 Limited Partnership in a Washington office building. The space is located on the top two floors and the sixth floor at 401 9th St. The firm's merger with Ross, Dixon & Bell necessitated this expansion. Julie Schuelke, Wendy Feldman Block and Collin Wheeler of Studley represented Troutman in the 16-year lease. Jon Kaylor, Greg Storrs and Garrett Preis served as in-house representation for the landlord, a joint venture between Boston Properties and Gould Property Co.

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HealthcareSoutheast

GEORGIA ACUTE CARE HOSPITAL RECEIVES CONSTRUCTION LOAN

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ROME, GA. — The Cirrus Group has arranged a $12.75 million construction loan for a 53,000-square-foot acute care hospital to be located on the Floyd Medical Center campus in Rome. The 45-bed property will be operated by The Specialty Hospital LLC, which has leased 85 percent of the building. The Specialty Hospital currently operates a facility in the main hospital on Floyd's campus, and the move will allow Floyd room to expand. Brasfield & Gorrie will construct the building, which is expected to take 1 year. Earl Swensson Associates designed the hospital. Chris Jackson and Peter Phillips of Cirrus secured the loan, which was funded by Mutual of Omaha.

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RetailSoutheast

FRANKLIN STREET BROKERS SALE OF FLORIDA DOLLAR GENERAL

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GAINESVILLE, FLA. — Franklin Street Real Estate Services' Mac McCall represented a Jacksonville, Fla.-based private party in its sale of a Dollar General to an undisclosed buyer for $1.3 million. The 9,000-square-foot property is located on 1 acre of land in Gainesville. Barry Wolfe of Marcus & Millichap represented the Tampa, Fla.-based buyer.

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Southeast

PHOENIX REAL ESTATE GROUP FOUNDED IN NORTH CAROLINA

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CORNELIUS, N.C. — Jeff Wakeman, Dale Tweedy and Ann Vano have formed The Phoenix Real Estate Advisory Group, an advisement and business strategy firm based in Cornelius. The three partners have more than 20 years of experience in the commercial real estate industry. The firm's primary work will involve assisting landlords holding financially distressed properties.

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RetailSoutheast

STIRLING TOWN CENTER TRADES FOR $15.33 MILLION

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COOPER CITY, FLA. — Prince of Cooper City has purchased the 53,857-square-foot Stirling Town Center from Stirling Associates for $15.33 million. The property is located at 8637 Stirling Road in Cooper City. Starbucks, Coldstone Creamery and Beef O'Brady's are housed in the center. Dave Donnellan, Bill Strauss and Todd Weintraub of CB Richard Ellis brokered the sale.

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Seniors HousingSoutheast

110,000-SQUARE-FOOT SENIOR COMPLEX PLANNED IN ORLANDO

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ORLANDO, FLA. — Winter Park, Fla.-based Lexington Development Partners has tapped Orlando-based Cuhaci & Peterson Architects to design Windsor Grand, a senior living facility in Orlando. The 110,000-square-foot facility will be located on Lake Underhill Road. When complete, the property will house 120 units, a dining facility and social areas. The development schedule has been announced.

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