BARTOW, FLA. — Realvest Development, a division of Realvest Holdings, has purchased a 40-acre land parcel for the future development of Bartow CommerCenter, from Lakeland, Fla.-based Overkill Hill Farms, for $2.3 million. The site is located at 91 Mine Rd. George Livingston, Drew Saphos and Christie Alexander of Orlando-based NAI Realvest negotiated the sale. Bartow CommerCenter will feature 400,000 square feet of industrial space.
VOLUSIA COUNTY, FLA. — Wyotech has developed a 90,000-square-foot motorcycle and marine repair training school in Volusia County, located 15 miles northwest of Daytona Beach. The building features 12 classrooms, three motorcycle laboratories, a marine motor laboratory, a library and student lounges. Orlando, Fla.-based HuntonBrady Architects designed the facility.
JACKSONVILLE, FLA. David Hsieh and Mark Prideaux of Marcus & Millichap s Jacksonville office have arranged the sale of the 192-room Travelodge Inn & Suites in Jacksonville on behalf of the seller, Nilesh Patel, to Kenneth Choi of Los Angeles, for $6.2 million. The buyer was represented by Connie Cho of Coldwell Banker s Los Angeles office. The property is in close proximity to the Jacksonville International Airport.
BRADENTON, FLA. — A Bradenton-based investor has purchased All U Can Storage I and II, a two-building self-storage portfolio in Bradenton, for $2.1 million. The facilities, totaling 38,200 square feet of net rentable space and 2.8 acres, are located separately. Mike Mele, Scott Rutherford and Will Gendron of Tampa-based The Mele Group of Marcus & Millichap were the sole brokers in the transaction.
DAWSONVILLE, GA. — San Diego-based Isaac Organization has acquired a 9,500-square-foot medical office building, located at 200 Dawson Commons in Dawsonville, from Johns Creek, Ga.-based Dawsons Commons LLC, for $2 million. Northside Hospital signed a long-term lease for the building and operates an imaging center and other medical services in the facility. Todd Perman of Atlanta-based Healthcare Real Estate, a division of Lynx Real Estate, represented the buyer. The seller was represented by Sam Scaffide of Johns Creek-based Perimeter Realty.
HIALEAH, FLA. L & D Investors has acquired two multifamily complexes, Nina s Apartments and Queens Apartments in Hialeah, from Samuel and Nina Levy, for $6 million. Nina s Apartments, a 36-unit complex located at 1288 W. 29th St., sold for $3.1 million. The building features one- and two-bedroom apartment homes. Queens Apartments, a 34-unit community located at 1271 W. 29th St., sold for $2.9 million. Evan Kristol and Still Hunter of Marcus & Millichap s Fort Lauderdale, Fla., office represented the sellers.
CHARLOTTE, N.C. — Windsor at Greylyn, an affiliate of Boston-based GID Investment Advisors, has acquired Greylyn Business Park, a 648,156-square-foot property in Charlotte, from The Levine Family, for $57 million. The business park features spaces ranging from 500 to 60,000 square feet for office, retail, flex and industrial use. Brad Cherry and Pete Pittroff of Charlotte-based Keystone Partners represented the seller.
CHARLOTTE, N.C. — Windsor at Greylyn, an affiliate of Boston-based GID Investment Advisors, has acquired Greylyn Business Park, a 648,156-square-foot property in Charlotte, from The Levine Family, for $57 million. The business park features spaces ranging from 500 to 60,000 square feet for office, retail, flex and industrial use. Brad Cherry and Pete Pittroff of Charlotte-based Keystone Partners represented the seller.
ALPHARETTA, GA. and TEXARKANA, ARK. — Boise, Idaho-based Spectrus Real Estate has closed four 1031 exchange transactions, totaling $26 million, in Alpharetta; Texarkana; Austin, Texas; and Meridian, Idaho, for San Francisco-based buyers. Mansell Plaza, a 14,473-square-foot retail building in Alpharetta, is located at 1605 Mansell Rd. The property is anchored by Starbucks, Waffle House and The Original Mattress Factory. Texarkana Plaza, an 11,600-square-foot retail center, is located at 131 Arkansas Blvd. The property is leased to five nationally accredited tenants. The buyers of both centers were represented by Stephen Pugh of Alain Pinel Investment Group, and the transactions included the Spectrus Net Lease PLUS program.
ALPHARETTA, GA. and TEXARKANA, ARK. — Boise, Idaho-based Spectrus Real Estate has closed four 1031 exchange transactions, totaling $26 million, in Alpharetta; Texarkana; Austin, Texas; and Meridian, Idaho, for San Francisco-based buyers. Mansell Plaza, a 14,473-square-foot retail building in Alpharetta, is located at 1605 Mansell Rd. The property is anchored by Starbucks, Waffle House and The Original Mattress Factory. Texarkana Plaza, an 11,600-square-foot retail center, is located at 131 Arkansas Blvd. The property is leased to five nationally accredited tenants. The buyers of both centers were represented by Stephen Pugh of Alain Pinel Investment Group, and the transactions included the Spectrus Net Lease PLUS program.