CHARLESTON, S.C. — Lauth’s development of two industrial buildings totaling more than 780,000 square feet has begun at North Pointe Industrial Park in Charleston. The 390,180-square-foot North Pointe Building Four, which features 32 feet of clear height and 100 dock doors, will deliver in the first quarter of next year. Construction of North Pointe Building Five, a 399,732-square-foot distribution building, will follow. North Pointe is situated 4 miles from the Port of Charleston and 5 miles from interstates 26 and 526.
HOLLYWOOD, FLA. — Mark Gilbert, Adam Feinstein and Eric Williams of Cushman & Wakefield of Florida’s Miami office have represented Hollywood Palms in its sale of the 210,864-square-foot Hollywood Palms Shopping Center to an affiliate of Millbrook Acquisitions for $26.5 million. The property, which is located at the intersection of Taft Street and North 68th Avenue in Hollywood, underwent a renovation in 1999, and 20,000-square-feet of retail space was added last year. The plaza is anchored by Publix, Walgreens, Goodwill Industries, Bealls Outlet, Dollar General and Rent-A-Center.
WILLIAMSBURG, VA. — Williamsburg Marketcenter LLC has sold the 120,920-square-foot Williamsburg Marketcenter, which sits on 21.3 acres at 6610 Mooretown Rd. in Williamsburg, to Waitzwmc LLC for $23.78 million. The 2-year-old center is anchored by Ross Dress For Less and Petco. Jay Joseph and Clark Baldwin of GVA Advantis’ Newport News, Va., office represented the seller.
WESTMINSTER, MD. — Construction has started on Trammel Crow’s 75,000-square-foot, three-story medical office building in the Carroll Hospital Center, a 216-bed hospital on Stoner Avenue in Westminster, and should be complete by next fall. The new space will house suites ranging from 2,000 to 25,000 square feet and will feature an onsite pharmacy and a covered, two-level parking garage.
OKEECHOBEE, FLA. — Vero Beach, Fla.-based Kite Properties recently broke ground on an 85-room Hampton Inn by Hilton at 1200 N.E. Park St. in Okeechobee, which is scheduled to open in July 2009. Orlando, Fla.-based Pinkerton & Laws will supervise construction, and Atlanta-based Hotel Equities, an equity partner in the hotel, will provide management services. Hampton Inn amenities include free wireless Internet, phones with data ports and free hot breakfast.
GASTONIA, N.C. — Lincoln National Life Insurance Co. has recently sold the 525,680-square-foot WIX Filtration Corp. factory, a 47-year-old property located on Interstate 85 in Gastonia, to a partnership headed by Charlotte, N.C.-based Beacon Partners. Tim Bahr of NAI Southern Real Estate’s Charlotte office represented Lincoln in the sale. Further details of the transaction were not announced.
TAMPA, FLA. — Tampa-based The Dikman Company has represented JSK in its purchase of a 24,350-square-foot warehouse from 84 Lumber for an undisclosed amount. JSK will lease the property, located on 4.5 acres at 1102 N. 50th St. in Tampa, to American Building Materials, a company that specializes in products for drywall contractors.
JACKSONVILLE, FLA. — NorthMarq Capital’s Michael Padilla and Dimpesh Darjee have secured a $13.06 million first-rate mortgage for the 136-room Aloft Hotel in Jacksonville. Haven Trust Bank financed the 5-year loan, which came with a maximum interest-only period of 32 months and a 20-year amortization schedule.
CLERMONT, FLA. — Blue Earth Solutions, a Clermont-based environmental firm that safely recycles Styrofoam, has purchased an 11,250-square-foot warehouse from private sellers for $1.7 million. Sale of the property, which is located at 13511 Granville Ave. in Clermont, was brokered by Steve Porter of Coldwell Banker Commercial NRT’s Maitland, Fla., office.
VIRGINIA BEACH, VA. — CTN Ventures has purchased a 13,125-square-foot office building located at 5226 Indian River Rd. in Virginia Beach from JFS Real Estate for $1.55 million. The 1-acre property was purchased as an investment. John Duffy, Jr., of Thalhimer’s Virginia Beach office represented the seller.