MARIETTA, GA. — Atlanta United has selected Atlanta-based tvsdesign to design its new $50 million training facility in Marietta, a northern suburb of Atlanta. The project will be situated on a 33-acre site off Franklin Road and will feature six soccer fields and a 28,000-square-foot facility that will house the first team and academy players, along with the team’s executive and operations staff. The project is slated to bring roughly 80 high-paying jobs to the area by 2017, when the club will kick off its inaugural season at the new Mercedes-Benz Stadium under construction in downtown Atlanta. Atlanta United, Major League Soccer’s 22nd franchise, plans to hold open training sessions and tournaments at the new complex. The club is owned by Arthur Blank and led by president Darren Eales.
ASHEVILLE, N.C. — The Kassinger Development Group (KDG), a multifamily developer based in Charleston, S.C., has delivered The Retreat at Hunt Hill, a 180-unit apartment community in Ashville. Residents at the newly delivered complex have views of downtown Asheville and the Blue Ridge Mountains. The complex is located adjacent to the Beaucatcher Hiking Trail and McCormick Field, home of the Asheville Tourists baseball team. Community amenities include a leasing office, swimming pool and fitness center. Units feature Energy Star-rated appliances, faux wood flooring, granite countertops, washer and dryer hook ups and porches.
FORT LAUDERDALE, FLA. — NGKF Capital Markets has brokered the $13.8 million sale of a Class B office building located at 1100 W. McNab Road in Fort Lauderdale. The location will remain the headquarters of ChildNet, the community-based care lead agency for Broward and Palm Beach counties, which is the sole occupant of the property. Clark-Ohio Associates Inc. purchased the two-story, 82,854-square-foot building from Case Holding Co. Inc. Adam Greenberg, Michael Lapointe and Michael Lohmann of NGKF represented the seller in the transaction.
WEST PALM BEACH, FLA. — Salazar Jackson LLP has arranged the $12.5 million sale of a vacant apartment complex situated on 11 acres at 719 Executive Center Drive in West Palm Beach. Jeff Greene, a Palm Beach County-based real estate developer, purchased the parcel and shuttered apartment community from WPB Clearlake SPE LLC, a limited liability company based in Nevada. WPB Clearlake purchased the property from a Chapter 7 bankruptcy earlier this year. Linda Worton Jackson of Salazar Jackson represented the seller in the transaction. Matthew Rotolante and Mark King of SVN South brokered the deal. The buyer has not publicly announced his plans for the parcel.
CARY, N.C. — CBRE | Raleigh has brokered the sale of One Harrison Park, a three-story, 56,933-square-foot office building located in Cary, a suburb of Raleigh. Houston-based Griffin Partners purchased the property from Rosemont Realty LLC for an undisclosed price. Ben Kilgore of CBRE | Raleigh represented the seller in the transaction. The office building’s tenant roster includes Biosignia Inc.; Keyes, Fox & Wiedman LLP; and Leukemia & Lymphoma Society. Ed Pulliam and John Brewer of CBRE | Raleigh will continue leasing services for the building.
GLEN ALLEN, VA. — New York Life Real Estate Investors has provided a $52 million loan on behalf of institutional investors for Marshall Springs at Gayton West, a 420-unit apartment community in Glen Allen, a suburb of Richmond. The 10-year loan features three years of interest-only payments. Geoff McVeigh of Berkadia arranged the loan. New York Life worked with developer The Breeden Co. on financing the apartment community.
RALEIGH, N.C. — Federal Capital Partners (FCP) and Kane Realty Corp. have formed a joint venture to purchase the 2.5-acre Dillon Supply site in downtown Raleigh’s Warehouse District. The site is bounded by South West, West Martin, South Harrington and West Hargett streets. The joint venture will break ground in January on a mixed-use development at the site, which will comprise a 17-story office tower, 40,000 square feet of retail space, two six-story apartment buildings totaling 261 residences and a 950-space parking deck. Duda|Paine Architects LLP designed the office portion and J. Davis Architects designed the residential component of the development. Justin Good and Allan Lynch of HFF represented FCP and Kane Realty in the transaction.
LORTON, VA. — First Potomac Realty Trust has sold Newington Business Park Center, a seven-building, 256,000-square-foot industrial development in Lorton, roughly 20 miles south of Washington, D.C. An affiliate of Velsor Properties LLC purchased the industrial park for $32.5 million. The sale is part of First Potomac’s disposition strategy to sell at least $200 million of assets to improve the REIT’s balance sheet. HFF represented First Potomac in the transaction. As of Sept. 30, the industrial park was 83.3 percent leased.
NEW ORLEANS — Hodges Ward Elliott has arranged the sale of the Q&C Hotel and Bar in downtown New Orleans. KBS SOR II Q&C Property LLC, a joint venture between KBS Strategic Opportunity REIT II and Dallas-based Encore Hospitality LLC, purchased the 196-room hotel for an undisclosed price. Fully renovated in 2014, the boutique hotel features 2,600 square feet of flexible meeting space, a restaurant and bar, valet and self-parking and a 24-hour fitness center. Currently an independent hotel, the property will be franchised under the Marriott Autograph brand. Following the sale, Encore Hospitality will manage the hotel.
HYATTSVILLE AND MT. RAINIER, MD. — Marcus & Millichap has brokered the $11.9 million sale of a multifamily portfolio in Hyattsville and Mt. Rainier. The three-building portfolio totals 171 units and includes Garfield Court and Castle Manor in Hyattsville and Arundel Apartments in Mt. Rainier. A private investor purchased Garfield Court for $4.4 million, Castle Manor for $4.8 million and Arundel Apartments for $2.7 million. The buyer, which owns other multifamily properties in the north Prince George’s County submarket, plans to improve the portfolio with capital improvements in the next few years. David Weber of Marcus & Millichap’s Washington, D.C., office brokered the transaction.