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| August 17, 2012 |
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| FLA. OFFICE BUILDING SELLS FOR $9.8M |
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FORT LAUDERDALE, FLA. — OneBlood has purchased a 75,000-square-foot office building, located at 3000 W. Cypress Creek Road in Fort Lauderdale, from the Florida Department of Financial Services for $9.8 million. MIchael Fay and John Crotty of Colliers International represented the buyer in the transaction, and Robert Listokin and Sal Bonsignore, also of Colliers International, represented the seller. The buyer will fully occupy the building, creating the BloodBank of Florida.
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| GROUND BREAKS ON $7M RETAIL CENTER |
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CHARLOTTE, N.C. — Percival McGuire has broken ground on the $7 million, 35,000-square-foot Northlake Plaza, a retail center located at 7809 W. W.T. Harris Blvd. in Charlotte. The center is pre-leased to McDonald's, Buffalo Wild Wings and Discount Tire. Percival McGuire is also planning a fourth building totaling 10,000 square feet for the property. McDonald's is slated to open in the first quarter of 2013, and Buffalo Wild Wings and Discount Tire will open in the second quarter of 2013.
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| INDUSTRIAL PROPERTY SELLS FOR $3.5M |
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CHARLESTON, S.C. — 484 King St. LLC has sold an 18,000-square-foot warehouse and showroom, located at 482 King St., 484 King St. and 83 Mary St. in Charleston, for $3.5 million. Richard Morse of Palmetto Commercial Properties represented the seller in the transaction. Bill Edlund, also of Palmetto Commercial Properties, represented King Street Enterprises, the buyer.
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| JV BREAKS GROUND ON FLA APT. COMPLEX |
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PALM BEACH GARDENS, FLA. — Hamptons PBG, a joint venture between ZOM Florida and Northwestern Mutual, has broken ground on the 224-unit The Hamptons at Palm Beach Gardens, a luxury multifamily community located in Palm Beach Gardens. Amenities will include a clubhouse, resort-style pool, fitness center, internet lounge and pet salon. Current Builders is the general contractor for the project and ZRS Management is the property management. Completion is slated for December 2013.
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| CAPITAL ADVISORS SECURES $3.95M LOAN |
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CHARLOTTE, N.C. — Capital Advisors has arranged $3.95 million in refinacing for the 158,231-square-foot Conbraco Industrial Building, located at 701 Matthews-Mint Road in Charlotte. Ridge Stafford of Capital Advisors arranged the 25-year, fully amortizing loan through Standard Insurance Co.
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Southeast
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