Southeast

WINSTON-SALEM, N.C. —Shree HariKrishna has purchased a three-story Sleep Inn from Quality Oil Co. for an undisclosed amount. The 12-year-old property is located on Interstate 40 near Hanes Mall in Winston-Salem. The buyer will retain the Sleep Inn brand, but will undertake cosmetic renovations. David Mumford and Steve Kirby of Mumford Co. represented the seller in the transaction.

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BELTSVILLE, MD. — Vocus, a public relations and corporate communications software provider, has signed a 10-year lease with First Potomac Realty Trust in Beltsville. The tenant will occupy a 93,000-square-foot building at 12051 Indian Creek Court in Beltsville, making the property its new headquarters. Brian Liss of UGL Equis' Washington, D.C., office represented the tenant. Jeb Boland and Michele Salvino served as in-house representation for First Potomac Realty Trust.

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CASSELBERRY, FLA. — Deerfield Beach, Fla.-based SIKON Construction has completed a 46,000-square-foot Publix at Casselberry Commons. The $3 million store, which is located at the intersection of State Road 436 and Howell Brach Road in Casselberry, replaces a smaller adjacent Publix. Orlando-based Cuhaci & Peterson Architects designed the store.

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SANFORD, FLA. — Sanford-based Spolski Construction is beginning work on a $5 million airplane hangar project for the Sanford Airport Authority. The 53,351-square-foot development, located at 2551 Hellcat Lane in Sanford, will include offices, 44,000 square feet of hangar space and 4,000 square feet of maintenance space. The facility, which will be leased to Avocet Capital under a 20-year agreement, is expected to deliver in January.

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ORANGE PARK, FLA. — Trigild Inc., acting as a receiver, has traded the 232-unit Blanding Place Apartments to a Canada-based purchaser for $51,724 per unit. Located on Burwick Road in Orange Park, the 24-year-old property is spread across 19 acres. The buyer assumed the restructured CMBS loan provided by the special servicer, Midland Loan Services. Steve Lear and Bart Walchle of Walchle Lear Multifamily Advisors brokered the sale of the property, which is 81 percent occupied.

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DUNCAN, S.C. — ResMed has signed a 174,000-square-foot industrial lease with Piedmont Office Realty Trust in Duncan. The warehouse is located at 110 Hidden Lake Circle. Brian Young and John Scott of CB Richard Ellis|The Furman Company, along with Piedmont Office Realty Trust's Alex Valente, represented the landlord. Cushman & Wakefield's Joe Smith and NAI Earle Furman's Dave Reeves represented ResMed.

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