RICHMOND, VA. — Virginia-based First and Franklin has acquired Linden Row Inn, a historic 70-room property in Richmond, from Silver Linden Properties, for an undisclosed amount. David Mumford, Matt Winston and Justin Pinkard of Mumford Company’s Newport News, Va., office were the sole brokers in the transaction.
ORANGE COUNTY, FLA. AND COLONIAL HEIGHTS, VA. — Fort Lauderdale, Fla.-based Morgan Property Group (MPG) is developing two retail centers in Orange County and Colonial Heights, through its local affiliates. MPG acquired 19 acres at the southeast corner of Auvers Boulevard and Semoran Boulevard in Orange County. Its local affiliate, Semoran Partners, is developing the 6-acre commercial tract, which will be anchored by a 14,280-square-foot Walgreens. The drugstore is scheduled to open in first quarter 2009. MPG acquired 2.7 acres at the southwest corner of Boulevard and Bruce Avenue in Colonial Heights, from multiple sellers. Its local affiliate, Boulevard I Realty, is developing a retail center, which will be anchored by a freestanding 14,820-square-foot Walgreens. The remaining 3,600 square feet is available for ground lease or build-to-suit. The drugstore will open in January 2009. Whittle & Roper and Jones Realty & Construction Corp. represented MPG in the land transaction.
ORANGE COUNTY, FLA. AND COLONIAL HEIGHTS, VA. — Fort Lauderdale, Fla.-based Morgan Property Group (MPG) is developing two retail centers in Orange County and Colonial Heights, through its local affiliates. MPG acquired 19 acres at the southeast corner of Auvers Boulevard and Semoran Boulevard in Orange County. Its local affiliate, Semoran Partners, is developing the 6-acre commercial tract, which will be anchored by a 14,280-square-foot Walgreens. The drugstore is scheduled to open in first quarter 2009. MPG acquired 2.7 acres at the southwest corner of Boulevard and Bruce Avenue in Colonial Heights, from multiple sellers. Its local affiliate, Boulevard I Realty, is developing a retail center, which will be anchored by a freestanding 14,820-square-foot Walgreens. The remaining 3,600 square feet is available for ground lease or build-to-suit. The drugstore will open in January 2009. Whittle & Roper and Jones Realty & Construction Corp. represented MPG in the land transaction.
SAVANNAH, GA. — Sarasota, Fla.-based American Hotel Development has broken ground on the Holiday Inn Express Savannah, a $10 million, 88-room hotel located at 11325 Abercorn St., near Armstrong Atlantic State University and Hunter Army Airfield. Harris Hotel Group, a subsidiary of American Hotel Development, will manage the 60,000-square-foot property, which is slated to open in fall 2008.
SAVANNAH, GA. — Sarasota, Fla.-based American Hotel Development has broken ground on the Holiday Inn Express Savannah, a $10 million, 88-room hotel located at 11325 Abercorn St., near Armstrong Atlantic State University and Hunter Army Airfield. Harris Hotel Group, a subsidiary of American Hotel Development, will manage the 60,000-square-foot property, which is slated to open in fall 2008.
JOHNS CREEK, GA. — Trammell Crow Atlanta Development has broken ground on two 100,000-square-foot medical office buildings in Johns Creek, along West Johns Crossing. The four-story buildings will be situated on an 18-acre site, adjacent to the Emory Johns Creek Hospital. The project broke ground in April and is projected for completion in March 2009. Trammell Crow purchased the site from JC Office, for $8.7 million. Pierce and Bobby Mayson of Atlanta-based Lavista Associates were the sole brokers in the land acquisition.
JOHNS CREEK, GA. — Trammell Crow Atlanta Development has broken ground on two 100,000-square-foot medical office buildings in Johns Creek, along West Johns Crossing. The four-story buildings will be situated on an 18-acre site, adjacent to the Emory Johns Creek Hospital. The project broke ground in April and is projected for completion in March 2009. Trammell Crow purchased the site from JC Office, for $8.7 million. Pierce and Bobby Mayson of Atlanta-based Lavista Associates were the sole brokers in the land acquisition.
HILLSBOROUGH COUNTY, FLA. — Crosland will open MiraBay Village, a 31-acre mixed-use center in southern Hillsborough County’s Apollo Beach, this fall. The coastal-themed development is anchored by a 50,000-square-foot Sweetbay supermarket and includes 146,000 square feet of specialty shops, restaurants and office space, in addition to 100 townhomes. Florida-based api(+) was the project architect. MiraBay Village is located on the perimeter of MiraBay, a 750-acre waterfront community, near Tampa, Fla.
HILLSBOROUGH COUNTY, FLA. — Crosland will open MiraBay Village, a 31-acre mixed-use center in southern Hillsborough County’s Apollo Beach, this fall. The coastal-themed development is anchored by a 50,000-square-foot Sweetbay supermarket and includes 146,000 square feet of specialty shops, restaurants and office space, in addition to 100 townhomes. Florida-based api(+) was the project architect. MiraBay Village is located on the perimeter of MiraBay, a 750-acre waterfront community, near Tampa, Fla.
WESLEY CHAPEL, FLA. — Forest City Commercial Development and West Palm Beach, Fla.-based The Goodman Company have signed 42 additional tenants at The Shops at Wiregrass, an 800,000-square-foot lifestyle center in Wesley Chapel, located at the intersection of State Road 56 and Bruce B. Downs Boulevard. The new retailers include American Eagle Outfitters, Barnes & Noble, Coldwater Creek, Fifth Third Bank, Gymboree, Kay Jewelers, Talbots and White House | Black Market. The property is anchored by Dillard’s, Macy’s and JC Penney, and will open in October.
