COLUMBIA, S.C. — Shree Sambhav LLC has sold the 96-room Comfort Inn of Columbia/Ft. Jackson to South Carolina Sunshine Hotel Group for an undisclosed price. The three-story property is located in Columbia. The buyer plans to undertake renovations to the hotel and retain its brand. Matt Winston of The Mumford Co.’s Newport News, Va., office, Randy Lee of the firm’s Dallas office and Steve Kirby of Mumford’s Atlanta office represented the seller.
BATON ROUGE, LA. — Houston Wire and Cable has signed a 22,200-square-foot lease for space in the Baton Rouge 6 building in New York-based Lightstone Group’s Industriplex Business Park, located in Baton Rouge. Jennifer Lee of Shreveport, La.-based Sealy & Co. represented Lightstone Group in the lease. Sealy & Co. has currently leased 93.3 percent of Lightstone’s South Louisiana portfolio.
CLERMONT, FLA. — Weingarten Realty Investors will open its 312,604-square-foot Clermont Landing shopping center on March 21. The property, located near the interchange of U.S. 27 and State Route 50 in Clermont, is anchored by JC Penney, Ross Dress for Less, T.J. Maxx and Michaels. Additional tenants include Olive Garden and Red Lobster. When completed, the complex’s 16-screen Epic Theatre will serve as the only move theater in the city.
WINTER PARK, FLA. — Winter Park-based Cobalt Capital has secured $11.3 million in equity for the 360-unit Coventry Park apartment community. The $45.21 million property, located at the intersection of Interstate 95 and J. Turner Boulevard in Winter Park, is expected to deliver in the first quarter of 2010. Winter Park-based Epoch Properties is developing the complex. Planned amenities include a clubhouse, a pool, an indoor basketball court and a theater.
CHATTANOOGA, TENN. — R-Roof V-I has sold a 112-room Red Roof Inn to Chattanooga-based Ganesh Hotel Group for an undisclosed price. The buyer will undertake renovations to the 34,000-square-foot property, which is located near the Chattanooga Metropolitan Airport in Chattanooga. Atlanta-based Hodges Ward Elliott’s focused service division represented the seller, and Ganesh was represented in house.
MIAMI — Marcus & Millichap has represented a Miami-based corporation’s sale of a 10-unit apartment building to a local private investor for $430,000. The property is located at 153 N.W. 29th St. in Miami and encompasses eight efficiency units and two one-bedroom/one-bathroom units. Jason Goldfarb of Marcus & Millichap’s Miami office brokered the sale.
FORT POLK, LA. — Walton Construction has been selected for the $182 million Fort Polk Barracks Realignment renovation at Fort Polk. The company’s St. Louis and New Orleans offices will coordinate the renovation of 13 military housing barracks, as well as four central energy plants that will serve the new barracks and 57 other buildings on the base. The project is seeking LEED-Silver certification from the U.S. Green Building Council. The project architect is Orlando-based VOA Associates Inc.; the project will be overseen by the Fort Worth, Texas, division of the Department of U.S. Army Corps of Engineers. Groundbreaking is expected to occur in March, with completion scheduled for October 2012.
WINCHESTER, VA. — Mumford Co. has completed the sale of the Comfort Inn – North, an 82-room hotel located at 1601 Martinsburg Pike in Winchester. David Mumford of Mumford Co.’s Newport News, Va., office and Steve Kirby of the firm’s Atlanta office represented the seller, an affiliate of Beck Co. The buyer, RDM Hospitality LLC, acquired the property for an undisclosed amount.
PUNTA GORDA, FLA. — Fort Myers, Fla.-based J.L. Wallace Inc. has begun construction for a new Tuffy Automotive Center located at the intersection of U.S. Highway 41 and Airport Road in Punta Gorda. The project will consist of a 5,113-square-foot structure; it will include concrete block construction, a pre-engineered metal roof and glass roll-down doors with a hurricane screen. Titsch & Associates is serving as project architect. The construction timetable was not released.
MONTGOMERY, ALA. — Four new tenants have joined the roster at High Point Town Center, a retail project located at the intersection of Bass Pro Boulevard and Cobbs Ford Road in Montgomery. Avon plans to open a retail store within the project, making it the second retail location for the cosmetics company in the state. It will be joined by Royal Nails, Nestle Toll House Café and Teaching Tree. In addition, construction will begin soon for two more tenants, Tokyo Steakhouse and Bama Fever/Tiger Pride. High Point Town Center is an approximately 750,000-square-foot lifestyle center that is being developed by a joint venture between locally based McClinton & Co. and Birmingham, Ala.-based AIG Baker Real Estate. It is anchored by Bass Pro Shops, Belk, JCPenney, Best Buy and Publix.