MIAMI GARDENS, FLA. — CORE Construction Florida will break ground in August on a 134,000-square-foot student housing property. The $14 million development will be located on the Florida Memorial University campus in Miami Gardens.
Southeast
CHARLOTTE, N.C. — Charlotte-based Tri-Tech has purchased an 18,380-square-foot warehouse from Peachtree LLC for an undisclosed amount. The property, which is located at 200 Peachtree Rd. in Charlotte, will serve as Tri-Tech’s new home. Charlotte-based Keystone Partners’ Brad Cherry and Pete Pittroff represented the seller. Kent Lamm of Charlotte-based Percival McGuire Commercial Real Estate represented Tri-Tech.
HANOVER, MD. — CSG Partners has sold a 12,332-square-foot office building to Agency Properties for $2.4 million. The property is located at 7450 Coca Cola Dr. in Hanover. Agency Holding Co. will occupy the building, moving more than 70 employees from its existing location. Colliers Pinkard’s Charlie Fenwick and Andrew Smith represented CSG, and MacKenzie Commercial Real Estate Services’ Antony Gross represented the buyer.
KNOXVILLE, TENN. — American Bottling Group has leased 45,750 square feet of space from Knoxville, Tenn.-based OCHO Co. The property is located at 2000 Shopper Lane in Knoxville. Baker Realty Co. of Knoxville’s Bob Thornton represented the tenant in the industrial lease.
MOUNT DORA, FLA. — Mount Dora-based Hoffmeister Development is looking to an October groundbreaking for the 140,000-square-foot Osprey Lodge assisted living complex. The five-story property, which will cost $16 million, will be located on U.S. 441 in Mount Dora. Sarasota, Fla.-based CORE Construction Florida is serving as general contractor for the development, which is expected to open in 2011.
ATLANTA — Boca Raton, Fla.-based Sensormatic Electronics Corp. has signed a 5-year, 171,779-square-foot lease with Atlanta-based IDI for space in its WestPoint at Riverside Business Park development. Sensormatic will join Alston & Bird as a tenant in Building B, which is located at 2600 West Point Dr. in Atlanta. Tony Kepano and Peter Seward of CB Richard Ellis’ Atlanta office and Henry Johnson of the firm’s El Segundo, Calif., office represented the tenant.
MIAMI — TracFone Wireless has leased 101,444 square feet at Flagler Station in Miami for its new U.S. headquarters. The property is located at 10505 N.W. 112th Ave. in Miami. Flagler Real Estate Services’ Stuart Gordon and Chris Sutton represented the landlord. Capital Commercial Group’s Ernesto Casal represented the tenant.
SMYRNA, TENN. — Great Neck, N.Y.-based BRT Realty Trust has sold the 128-unit Enon Springs apartment complex to Knoxville, Tenn.-based Dominion Development for $5.15 million. The 98-percent-occupied property is located at 417 Enon Springs Rd. in Smyrna and features a swimming pool and a tennis court. Cushman & Wakefield’s Chris Spain, Larry Orr, David Gutting, Nathan Swenson, Mike Kemether, David Wagner, Brandon Whitesell and Steve West brokered the sale.
RUSTON, LA. — Stirling Properties will break ground this fall on a 13,650-square-foot Walgreens store in Ruston. The property will be located at the intersection of North Trenton Street and Reynolds Drive. Completion is slated for the third quarter of next year.
JACKSON, TENN. — Carlisle Tire and Wheel has purchased an existing manufacturing facility in Jackson and plans to move its operations to town, creating a projected 440 new jobs. A division of Charlotte, N.C.-based Carlisle Cos., Tire and Wheel produces tires, inner tubes and wheels. The sale is expected to close in September.