Southeast

South Florida Business Journal A venture of LeFrak Organization and Turnberry Associates has lined up $32 million of construction financing for the development of a 187-unit apartment property in Miami. JPMorgan Chase Bank provided the loan. The property, dubbed Villa Solé,...

Jacksonville Business Journal Becknell Properties has sold a 239,552-square-foot warehouse property in Jacksonville, Fla., for $12.76 million, or about $53.27/sf. The buyer was listed as 10089 North Main St. LLC. The property, which was built in 1991 and renovated in...

Charlotte Business Journal A venture of Ascent Real Estate Capital and Centro Cityworks has filed plans to build a mixed-use project on the site of the former Johnson Memorial Presbyterian Church in Charlotte, N.C. It's under contract to acquire the...

Orlando Business Journal West Second Street Associates has filed plans to redevelop a vacant office building in downtown Orlando, Fla. The Flint, Mich., developer has owned the 114,000-square-foot former AT&T Building, at 500 North Orange Ave., since 2015. Plans call...

Tampa Bay Business Journal Nimes Real Estate has paid $34.2 million, or about $322,642/unit, for The Retreat at USF student-housing complex in Tampa, Fla. The Beverly Hills, Calif., company bought the property, at 11326 North 46th St., from Landmark Properties...

South Florida Business Journal City Furniture has signed a lease for 286,991 square feet of industrial space in Miami Gardens, Fla. The Tamarac, Fla., furniture retailer is leasing its space at the Bridge Point Commerce Center, which sits on 185...

South Florida Business Journal An affiliate of PGIM Real Estate has sold the Heritage at Boca Raton, a 248-unit apartment complex in Boca Raton, Fla., for $81.05 million, or about $326,815/unit. Affiliates of Harbor Group International bought the property, which...

South Florida Business Journal Plans have been approved for a mixed-use project in North Bay Village, Fla., about 11 miles northeast of Miami. Shoma North Bay Village of Coral Gables, Fla., is developing the 19-story property on a 2.8-acre site...

Triangle Business Journal Wigeon Capital has started construction on a 410,000-square-foot flex-industrial property in Garner, N.C., about six miles north of Raleigh, N.C. The five-building development is being built near the intersection of U.S. 70 and Interstate 40 in the...

Triangle Business Journal Healthcare Trust of America Inc. has bought the Duke Medical Plaza North Duke Street in Durham, N.C., for $16.3 million, or about $397.22/sf. The Scottsdale, Ariz., REIT bought the 41,035-square-foot medical-office property from Dovini Ltd. of New...