FREDERICKSBURG, VA. — CVA Howells has sold a 51,000-square-foot flex warehouse to Blue Onyx Properties and Delmarva Contracting for $7.07 million. The property sits on 9.57 acres of land at 2529 Celebrate Virginia Parkway in Fredericksburg. Virgil Nelson and Berkley Mitchell of Thalhimer represented CVA Howells in the transaction.
Southeast
LAKE WORTH, FLA. — The Health Care District of Palm Beach County has bought a 95,305-square-foot office building in Lake Worth from a Los Angeles-based LLC for $5.79 million. The buyer will occupy the four-story, Class B property, which is located at 2601 10th Ave. North. Washington Mutual formerly based its regional operations from the building, which houses a JP Morgan Chase branch on the first floor. Douglas Mandel of Marcus & Millichap's Fort Lauderdale, Fla., office represented the seller.
SNELLVILLE, GA. — Eastside Gardens of Snellville LLC has sold the 53-unit assisted living facility Eastside Gardens to Maryland-based Senior Housing Properties Trust for $4.9 million. The Snellville property, which also includes a dedicated dementia care wing, will be operated by Five Star Quality Care of Newton, Mass. Matrix Healthcare Development built the property in 1997. Ed LaFrance and Ryan Maconachy of Apartment Realty Advisors represented the seller.
ASHBURN, VA. — Global Foods Market will open a 57,030-square-foot store Friday in the 88,897-square-foot Ashburn Farm Village shopping center. The property is located at 43761 Parkhurst Plaza in Ashburn and also houses Hair Cuttery, Pizza Hut and Buffalo Wings Factory. Goodyear, Wachovia and Exxon sit on two outparcels. Jessica Hurst of Regency Centers secured the lease.
KISSIMMEE, FLA. — Vastu has purchased a 114,292-square-foot former cooler facility from The Martin-Brower Company for an undisclosed amount. The property is located at 1112 Collins Drive in Kissimmee. Matt Sullivan of Colliers Arnold represented the buyer. William Bradford and Tom McFadden represented the seller.
WASHINGTON, D.C. — Laffal Property Associates has sold 55,000 square feet of office space in a Class B office building to Natak Investments for an undisclosed price. The property, located at 818 18th St. NW in Washington, is 97 percent occupied. Eric Berkman and Steve Gichner of Grubb & Ellis represented Laffal Property Associates in the transaction.
GULFPORT, MISS. — H. Gordon Myrick Inc. has started construction on a 12,500-square-foot Citi Trends family apparel discount store in the Centre at Courthouse shopping center. The COMVEST Properties project is located at the intersection of Courthouse and Pass roads in Gulfport. Myrick also is constructing 4,700 square feet of additional shop space. Delivery is slated for February.
ROSSLYN, VA. — The Department of Defense has renewed five leases with Monday Properties in Rossyln totaling more than 293,500 square feet. The leases include 110,000 square feet at 1401 Wilson Blvd.; 83,740 square feet at 1400 Key Blvd.; and 47,600 square feet at 1101 Wilson Blvd. The transactions are all 5-year lease renewals. The General Services Administration's T.C. Hairston and Studley's Mett Miller and Todd Valentine represented the tenant. Chales Dilks and Kurt Stout of Grubb & Ellis, along with Monday's Tim Helmig and John Warton, represented the ownership.
HUNTERSVILLE, N.C. — Pactiv Corp. has signed a lease with TA Associates Realty for 186,000 square feet of distribution space in a building that also houses Philip Morris USA. The property is located at 12801 Jamesburg Drive in Huntersville. Pactiv's lease accounts for 33 percent of the building. Anne Johnson, Bryan Cruthcer and David Tropp of CB Richard Ellis represented the tenant in the transaction. Terry Brennan and Bill Wood of Trinity Partners represented TA Associates.
ROANOKE, VA., AND OAK RIDGE, TENN. — J&K Commercial has purchased two retail buildings from institutional hedge funds for a combined $3.45 million. The firm bought a 4,252-square-foot Applebee's restaurant, located at 4942 Valley View Blvd. North in Roanoke, for $1.88 million. Ian Schroeder and Maurice Nieman of Colliers International's Irvine, Calif., office represented the buyer. Marcus & Millichap represented the seller. J&K also purchased a 10,403-square-foot Ryan's Grill Buffet & Bakery, located at 401 S. Tulane Ave. in Oak Ridge, for $1.67 million. Schroeder and Nieman brokered the sale.