Southeast

264-BED RESIDENCE HALL OPENS IN GA.

by admin February 9, 2012

DAHLONEGA, GA. — The 264-bed Liberty Hall, a residence hall located at the North Georgia College & State University at 82 College Cir. in Dahlonega, has opened. The three-story, 65,343-square-foot building includes 84 suite-style units, a fully equipped kitchen, a computer lab, and a common space featuring gaming, television and areas designed for military unit assembly. The facility was developed through a turnkey design-build contract between Ambling University Development Group and the state of Georgia and was funded through tax-exempt bonds.

February 9, 2012

CALKAIN COS. BROKERS $3M RETAIL SALE

by admin February 9, 2012

GAINESVILLE, VA. — Calkain Cos. has arranged the approximately $3 million sale of a 7,440-square-foot retail property, located in Gainesville. Tenants include 7-Eleven and a local veterinarian. Jeff Bogart of Calkain Cos.' Reston, Va., office represented Buchanan Partners, the seller, in the transaction. Ui Chung of Annandale, Va.-based Hana Realty represented the buyer, a local investor.

February 9, 2012

Seniors Housing Southeast

NORSOUTH TO BUILD $14.2M SENIORS COMMUNITY

by admin February 8, 2012

PEACHTREE CITY, GA. — Atlanta-based NorSouth Development has plans to break ground this summer on the $14.2 million, 96-unit HearthSide Peachtree City, an affordable rental community for seniors located in Kedron Village in Peachtree City. Foley Design Associates Architects designed the project to meet EarthCraft Communities standards. Amenities will include a walking path, a garden center with planting beds, covered golf cart parking spaces with charging stations, a community room with a bistro, a media room, a fitness center, an art studio and a sunroom. Completion is slated for mid-2013.

February 8, 2012

Retail Southeast

VA. RETAIL BUILDING SELLS FOR $2.75M

by admin February 8, 2012

VIRGINIA BEACH, VA. — A 34,000-square-foot retail property, located at 5565 Virginia Beach Blvd. in Virginia Beach, has sold for $2.75 million. Mark Warlick of S. L. Nusbaum Realty Co.'s Norfolk, Va., office represented the seller, CS Commercial Properties, in the transaction. The buyer was Royal Retail Realty.

February 8, 2012

Industrial Southeast

HESCO BASTION SIGNS 35,460 SF LEASE

by admin February 8, 2012

NORTH CHARLESTON, S.C. — HESCO Bastion Environmental has signed a 35,460-square-foot lease for an office/warehouse property, located at 2821 Azalea Dr. in North Charleston. Michael Ferrer of Mount Pleasant, S.C.-based Grubb & Elllis/WRS Realty represented the tenant in the lease transaction. 2821 Azalea is the landlord.

February 8, 2012

Industrial Southeast

CASSIDY TURLEY TO LEASE TWO INDUSTRIAL PROPERTIES

by admin February 8, 2012

COLUMBIA, MD. — The Velsor Cos. has selected Cassidy Turley to lease two industrial properties in Columbia. The properties, which total 220,222 square feet are located at 8909 McGaw Ct. and 6655 Dobbin Rd. and are currently 43 percent leased.

February 8, 2012

Office Southeast

PROLOGIS SELLS 20-BUILDING PORTFOLIO

by admin February 7, 2012

COLUMBIA, MD. — Prologis has sold its 20-building office/flex portfolio totaling 588,009 square feet in three business parks. The portfolio, which is 93 percent leased, includes properties in Columbia Gateway Business Park, Columbia Business Center and Oakland Ridge. Jonathan Carpenter and James Wellschlager of Cassidy Turley's Baltimore office represented the seller in the transaction. The buyer was a New England-based institutional investor.

February 7, 2012

Office Southeast

OA DEVELOPMENT BUYS TWO ATL OFFICE BUILDINGS

by admin February 7, 2012

ALPHARETTA, GA. — Atlanta-based OA Development has purchased two office buildings totaling 135,000 square feet, located at 2555 and 2573 Westside Pkwy. in Alpharetta, for $11.24 million. The buildings are currently 89 percent leased to tenants including ADP. American National Insurance Co. provided debt capital for the acquisition, and Tom Shafer of Atlanta-based Resource Real Estate Partners represented Sentinel Lakeview Realty, the seller, in the transaction.

February 7, 2012

Industrial Southeast

BINSWANGER ARRANGES INDUSTRIAL SALE

by admin February 7, 2012

LAGRANGE, GA. — Binswanger has negotiated the sale of a 130,329-square-foot industrial property, located at 200 Piedmont Cir. in the LaGrange Industrial Park in LaGrange. Dan Stubbs of Binswanger's Atlanta office represented Matsu Properties, the seller, in the transaction. The buyer was Daewon America, a unit of Seoul, South Korea-based Daewon Kangup.

February 7, 2012

Industrial Southeast

THOMAS D. WOOD AND CO. NEGOTIATES $9M IN LOANS

by admin February 7, 2012

HOLLYWOOD AND FORT LAUDERDALE, FLA. — Thomas D. Wood and Co. has secured two industrial loans totaling $9 million in Florida. Marshall Smith of Thomas D. Wood and Co.'s Coral Gables, Fla., office arranged $4 million on behalf of Port 95-1 Ltd. through Kansas City Life Insurance Co. for a 76,800-square-foot industrial complex, located at 3611-365 SW 30th Ave. in Hollywood. The 10-year loan has a 25-year amortization schedule. Steven Wood, also with the firm's Coral Gables office, negotiated $5 million for the 134,342-square-foot Merrill Industrial Center, located at 3400-3406 SW 26th Ter. in Fort Lauderdale. The 10-year loan has a 25-year amortization schedule and was provided by Symetra Life Insurance Co.

February 7, 2012

Newer Posts

Older Posts

Upcoming Events

May
12