DOUGLASVILLE, GA. — New Haven, Conn.-based Block & Kahan Properties has acquired Douglasville Crossing, a 267,800-square foot shopping center in Douglasville, from Atlanta-based RCG Ventures, for $7.3 million. The property is located at 5983 Stewart Pkwy. Tim Giambrone of Marcus & Millichap’s Atlanta office represented the seller in the transaction, and the buyer was represented in-house.
DOUGLASVILLE, GA. — New Haven, Conn.-based Block & Kahan Properties has acquired Douglasville Crossing, a 267,800-square foot shopping center in Douglasville, from Atlanta-based RCG Ventures, for $7.3 million. The property is located at 5983 Stewart Pkwy. Tim Giambrone of Marcus & Millichap’s Atlanta office represented the seller in the transaction, and the buyer was represented in-house.
SUMTER, S.C. — Spartanburg, S.C.-based Hammond Development is building Sumter Town Centre, a $3 million, 8,000-square-foot retail center in Sumter. Tenants include Firehouse Subs and Bruster’s ice cream shop. The center is situated on 1.4 acres at 1293 Broad St. Construction began in March, and the project is scheduled to deliver in July.
NEW ORLEANS — Lauricella Land Co. is developing Belle Rive, a 90-acre, 15-story condominium complex in New Orleans, located along the banks of the Mississippi River. The building will include a clubhouse featuring a pro shop, restaurant and bar and a fitness center. The property is adjacent to a par 70 golf course designed by Watermark Golf/Nathan Crace.
NEW ORLEANS — Lauricella Land Co. is developing Belle Rive, a 90-acre, 15-story condominium complex in New Orleans, located along the banks of the Mississippi River. The building will include a clubhouse featuring a pro shop, restaurant and bar and a fitness center. The property is adjacent to a par 70 golf course designed by Watermark Golf/Nathan Crace.
SMYRNA, TENN. — St. Petersburg, Fla.-based Ballast Point Group is developing The Shoppes at Smyrna Commons, a $40 million, 275,000-square-foot retail center at Smyrna Commons, an 86-acre mixed-use development. The shopping center will be situated on 31 acres and is projected to begin construction in October. Initial occupancy is slated for fall 2009. The project is located along Nissan Drive, across from the Nissan manufacturing facility.
SMYRNA, TENN. — St. Petersburg, Fla.-based Ballast Point Group is developing The Shoppes at Smyrna Commons, a $40 million, 275,000-square-foot retail center at Smyrna Commons, an 86-acre mixed-use development. The shopping center will be situated on 31 acres and is projected to begin construction in October. Initial occupancy is slated for fall 2009. The project is located along Nissan Drive, across from the Nissan manufacturing facility.
RALEIGH, N.C. — Duke Realty is building a 160,000-square-foot headquarters building for Time Warner Cable at Perimeter Park in Raleigh. The four-story, Class A building will be LEED-certified. Construction is scheduled to begin next month and complete in April 2009. Giffels, a global architecture, engineering and project management firm, designed the build-to-suit facility.
RALEIGH, N.C. — Duke Realty is building a 160,000-square-foot headquarters building for Time Warner Cable at Perimeter Park in Raleigh. The four-story, Class A building will be LEED-certified. Construction is scheduled to begin next month and complete in April 2009. Giffels, a global architecture, engineering and project management firm, designed the build-to-suit facility.
CHARLOTTE, N.C. — Westcore Charlotte, a subsidiary of Westcore Properties, has acquired a 455,750-square-foot manufacturing building in Charlotte, from Flextronics International, for $25 million. The facility is situated on 51 acres at 6800 Solectron Dr. Dan Hollingsworth and Steve Pace of CPS/CORFAC International represented both the buyer and seller in the transaction. Flextronics will continue to occupy the building.