Tuesday, August 4, 2026
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Southeast

HealthcareSoutheast

CONSTRUCTION OF ALABAMA HOSPITAL PLANNED FOR SUMMER

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PELL CITY, ALA. — Hoar Construction and Goodgame Co. will begin construction this summer on the 76,000-square-foot St. Clair Replacement Hospital for St. Vincent's Health System. The new building, located near Interstate 20 in Pell City, will replace the current structure, which was built in 1968. The 16-acre property will encompass 40 patient beds, a surgery department, outpatient services and a dietary department. A 45,000-square-foot medical office building is also being planned. Delivery of the hospital is slated for fall 2011.

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MultifamilySoutheast

FIRM BROKERS $4.7 MILLION APARTMENT SALE IN ARKANSAS

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FAYETTEVILLE, ARK. — Springdale, Ark.-based A.L.S. Management has purchased the 135-unit South Creekside apartment building from The Bank of Fayetteville for $4.7 million. Located at 900 N. Leverett Ave. in Fayetteville, the property features a pool and a tennis court. John Clayton, Aaron Hargrove and Tim McKay of Little Rock, Ark.-based Hendricks & Partners brokered the sale.

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MultifamilySoutheast

MIAMI MULTIFAMILY PROPERTY SOLD FOR $31.25 MILLION

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MIAMI — Atlanta-based Jamestown has acquired the 308-unit Vista View Apartments from Sky Development of Aventura, Fla., for $31.25 million. The company plans to rebrand the property, located north of Sunny Isles Boulevard in Miami, as Beach Place. Before the purchase, Vista View had been named in foreclosure and fraud lawsuits, and Jamestown subsequently purchased the development for a significant discount.

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RetailSoutheast

FORMER CIRCUIT CITY BUILDINGS SOLD IN ARKANSAS AND TENNESSEE

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ARKANSAS AND TENNESSEE — New York City-based New York Life Insurance has sold two former Circuit City buildings in Arkansas and Tennessee for $1.45 million and $1.14 million, respectively. Little Rock, Ark.-based Starlite Hotel Group purchased the North Little Rock, Ark., property for use as a hotel. Cross Point Community Church bought the Franklin, Tenn., store and will convert it into a church. Including a Texas building, which was also part of the sale, the properties span a total of 89,838 square feet. Richard Frolik and Derrick Almassy of CB Richard Ellis represented the seller.

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HospitalitySoutheast

GROUP BUYS KNOXVILLE HOTEL, PLANS 2-YEAR RENOVATION

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KNOXVILLE, TENN. — HI World's Fair Park LLC has purchased the 293-room Holiday Inn-World's Fair Park from a group of owners led by Franklin Haney, a Chattanooga, Tenn., developer, for an undisclosed amount. The hotel, located on Henley Street in downtown Knoxville, was constructed for the 1982 World's Fair Exposition. The buyers have begun a 2-year renovation of the property, which is proximate to the Knoxville Convention Center.

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OfficeSoutheast

NCR LEASES 45,347 SQUARE FEET IN GEORGIA OFFICE BUILDING

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DULUTH, GA. — An undisclosed landlord has leased 45,347 square feet of office space at Satellite Place 800 to NCR. The property is located across from Gwinnett Place Mall in Duluth. During the third quarter of last year, NCR leased 120,000 square feet at Satellite Place 700. Additional tenants in the 117-acre Satellite Place development include AT&T and Liberty Mutual. John Ferguson and John Shlesinger of CB Richard Ellis’ Atlanta office represented NCR in the lease; Heather Lamb and Rob Binion of Lavista Associates represented the landlord.

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IndustrialSoutheast

HABITAT FOR HUMANITY PURCHASES GEORGIA WAREHOUSE

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MACON, GA. — HD Supply Plumbing f/k/a Hughes Plumbing & Supply LTD has sold its plumbing materials warehouse to Macon Area Habitat for Humanity for an undisclosed amount. The 53,686-square-foot property is located on 4.5 acres at 690 Holt Ave. in Macon. Art Barry of Coldwell Banker Commercial Eberhardt & Barry in Macon and Rick Vaughn of the Atlanta office of Colliers Spectrum represented the seller.

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