LOUISVILLE, KY. — St. Louis-based Charter Communications has signed a 99,923-square-foot lease renewal with Faulkner Real Estate for space in Ormsby Park Place. The 170,000-square-foot office building is located at 10300 Ormsby Park Place in Louisville. Faulkner Real Estate was represented in house by Jeff Ellison. Christopher Wood of UGL Equis’ Chicago office, Tim Stewart of the firm’s Cincinnati office and Brenda Lewis of the firm’s Greenwood Village, Colo., office represented the tenant.
Southeast
LILLINGTON, N.C. — Dave Keller of Holliday Fenoglio Fowler’s Indianapolis office arranged a loan for the 82-unit Campus Habitat 9 student housing complex. The property is located adjacent to the Campbell University campus at 25 Landis Lane in Lillington. Coastal Federal Credit Union funded the 5-year loan, which carries a 7 percent interest rate. Campus Habitat, which can house 224 students, features a gaming room and a fitness center.
MEMPHIS, TENN. — Bill Jones of Love Funding’s New York City office has arranged more than $6.54 million in loans for two Memphis apartment complexes. The 171-unit Breezy Point Apartments has received $3.69 million, and the 138-unit Rolling Hills Apartments has received $2.85 million. The loans carry a 5.02 percent fixed interest rate and were funded through the HUD 207/223(f) program.
HOUMA, LA. — K Partners Hospitality Group of San Antonio has begun construction on the 144-room Courtyard by Marriott Houma. The $22 million development will be located adjacent to the 100,000-square-foot Houma Civic Center. Hotel features include 7,000 square feet of meeting space, a swimming pool, an exercise room and a business center.
ORLANDO, FLA. — Shelton Granade and Luke Wickham of CB Richard Ellis’ Orlando office have represented an undisclosed party in the sale of the 212-unit Promenade Crossing to a private buyer for an undisclosed amount. The Orlando apartment was built in 1997 and is 95 percent occupied.
LAWRENCEVILLE, GA. — Beachwood, Ohio-based Developers Diversified Realty Corp. and Chicago-based Prudential Real Estate Investors have sold the 89,064-square-foot Five Forks Village shopping center to Norcross, Ga.-based Safeway Group for an undisclosed amount. The center, which will be redeveloped, is located at 850 Dogwood Rd. in Lawrenceville. Robert Mahoney of CB Richard Ellis’ Chicago office represented the seller. Phil Ryan of Norcross-based Lavista Associates represented Safeway.
PENDERGRASS, GA., AND ATLANTA — First Industrial Realty Trust has leased 106,000 square feet in its 850,000-square-foot distribution center to Torrance, Calif.-based Kubota Tractor Corp. The property is located at 596 Bonnie Valentine Way in Pendergrass. The company will store equipment and distribute tractors from the facility. Kurt Unger and Craig Viergever of Atlanta-based Bryant Commercial Real Estate Partners, along with Todd Barton and Greg Haynes of CB Richard Ellis’ Atlanta office, brokered the lease. First Industrial has also leased 21,000 square feet of warehouse space to MasTec North America. The property, which is located on Southmeadow Parkway in Atlanta, is now fully leased. Atlanta-based NAI Brannen/Goddard’s Mike Powell and Wilson Covington, Bob Stephens and Randall Bryan of King Realty of Atlanta brokered the lease.
SAVANNAH, GA. — Gulfstream Aerospace has leased 250,800 square feet of warehouse space from Duke Realty Corp. in Savannah. The firm will fully occupy the properties at 194 and 198 Gulfstream Rd. North Point Industrial’s Jeff Jepson and Duke Realty’s Brian Sutton represented the landlord in the transaction. The tenant was represented in house.
ATLANTA — Fr8Auctions.com has purchased a 100,080-square-foot warehouse from Leviton Manufacturing for an undisclosed amount. The property is located on 6.78 acres at 575 Wharton Dr. in Atlanta. King Industrial Realty’s Bradley Bays represented Fr8Auctions.com in the transaction. Gordon Benedict and Chip Craighill of Cushman & Wakefield’s Atlanta office represented the landlord.
NASHVILLE, TENN. — Emdeon has signed a lease with Solomon Airpark for 34,200 square feet of office space in its Airpark Center East property in Nashville. The 15-year lease is worth more than $8.5 million. The tenant plans will use the build-to-suit space, which will be complete by the end of next year, for a data center. Joel McAlister of Colliers Turley Martin Tucker’s Nashville office represented the tenant.