WASHINGTON, D.C. — Perseus Realty LLC has taken out a $103.5 million loan against a 309,480-square-foot, Class A office building in Washington. The financing replaces an acquisition loan for the property, located at 1110 Vermont Ave. N.W. The building is 78 percent leased to the advertising firm WPP, Streamsage, Tompkins Construction and 21 additional tenants. Lindsay Stroud of Washington-based Perseus Realty Capital secured the 3-year, fixed-rate loan.
MIAMI — J. Jeffrey Robertson of NorthMarq Capital’s Miami office has arranged a $20 million loan for the 424-unit Broadwater Apartments. The complex is located at 15000 S.W. 104th St. in Miami. The 10-year loan carries a 30-year amortization and was financed by Freddie Mac.
LEHIGH ACRES, FLA. — Coconut Grove, Fla.-based Carlisle Development Group has opened its 100-unit Heron Pond II Apartments senior living complex. Located at 8421 Heron Pond Dr. in Lehigh Acres, the $14 million complex contains 60 one-bedroom units and 40 two-bedroom units. Residents benefit from on-site health fairs, free medical testing and seminars on financial counseling. The two-story property includes two community clubhouses, a pool, a fitness center, a barber shop and a library. Each unit features roll-in shower stalls, grab bars and scald-control faucets.
NAPLES, FLA. — Fort Myers, Fla.-based J.L. Wallace has finished construction of a 37,380-square-foot clubhouse for Lennar Homes. The property, located at 10154 Heritage Bay Blvd. in Naples, houses a restaurant and bar, two saunas and a golf pro shop. Fort Myers-based Titsch & Associates provided design services.
ORLANDO, FLA. — LG Electronics, USA, has signed a lease with TR Crownpointe Corp. for 96,000 square feet of space in an Orlando warehouse. The property is located at 7469 Kingspointe Parkway. Tom McFadden and William Bradford of locally based Southern Commercial Real Estate Advisors represented the landlord, and Susan Ruby of Jones Lang LaSalle’s Orlando office represented LG Electronics.
ALTAMONTE SPRINGS, FLA. — OFFICECO has purchased a 21,234-square-foot office building from Eula Scott LLC for $2.37 million. The property is located at 505 Maitland Ave. in Altamonte Springs. The law firm Wright, Fulford, Moorhead & Brown will occupy the property. Orlando-based First Capital Property Group’s Chuck Mitchell and Trent Scott represented OFFICECO. Maitland, Fla.-based Maitland Realty Co.’s Michael Calhoun represented the seller.
OVIEDO, FLA. — Orlando-based Johnson-Laux Construction has completed the 5,346-square-foot Public Works Administration Building for the Oviedo City Council. The $1.9 million property, located at 1655 Evans St. in Oviedo, has been built to LEED standards. The building’s green features include a rain harvesting system, waterless urinals and pervious concrete paving. Orlando-based VOA Associates designed the property.
D’IBERVILLE, MISS. — ULTA, Dress Barn, Mattress Direct, Mystic Salon & Spa, Five Guys Burgers & Fries, GNC, Ice Cream & More and Splendor Salon are slated to move into The Promenade in D’Iberville when the center starts opening this fall. The 700,000-square-foot power center is being developed by Chattanooga, Tenn.-based CBL & Associates Properties and Atlanta-based Forum Development Group. The Promenade’s anchors will include Target, Kohl’s, Best Buy and PetSmart.
GREENVILLE, N.C. — John Edwards of Arbor Commercial Funding’s Boston office has secured a $3.44 million loan for the 72-unit Melbourne Park 3 Apartments in Greenville. The 10-year loan carries a 6.10 percent interest rate and a 30-year amortization. The loan was financed through the Fannie Mae DUS program.
NAPLES, FLA. — Officials have broken ground on a $17 million renovation project to update the Conservancy of Southwest Florida’s campus. The property is located at 1450 Merrihue Dr. in Naples. The project will include a new wildlife rehabilitation clinic, a nature discovery center, an environmental planning center and a new entrance. When complete, the property will be certified as a green building prototype by the U.S. Green Building Council.