Thursday, June 11, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Georgia

DevelopmentGeorgiaSoutheastStudent Housing

Stratus Development Breaks Ground on 411-Bed Student Housing Project Near University of Georgia

by John Nelson

ATHENS, GA. — Stratus Development has broken ground on Phase II of Puritan Mill, which will offer 411 student housing beds near the University of Georgia campus in Athens. The community will feature townhomes in two-, three- and four-bedroom configurations. Shared amenities are set to include a dog park, nature trails, pickleball courts and shuttle service to campus. The development will combine amenity spaces with the existing initial phase of the project, which includes a second dog park, fitness center, clubhouse, study and meeting rooms and a resort-style pool. The development is scheduled for completion in fall 2027.

Continue Reading
FacebookTwitterLinkedinEmail
GeorgiaLeasing ActivityOfficeSoutheast

Rayonier Signs 36,000 SF Office Lease in Atlanta’s Buckhead District

by John Nelson

ATLANTA — Rayonier Inc., a publicly traded land resources REIT, has signed a lease to occupy 36,000 square feet at Terminus 100, a mixed-use tower in Atlanta’s Buckhead district. Set to open in 2027, Rayonier’s office will serve as the company’s new headquarters following the closing of its merger with PotlatchDeltic Corp., a forest products manufacturer based in Spokane, Wash. Rayonier plans to keep an office presence in Spokane and Wildlight, Fla., following its corporate relocation to Atlanta. JLL represented the tenant in the lease negotiations and will serve as Rayonier’s property manager for its new office build-out at Terminus 100. Other project team members include ASD| SKY (interior designer) and rand* construction (general contractor). Cousins Properties is the landlord of Terminus 100, where Rayonier will occupy one-and-a-half floors.

Continue Reading
FacebookTwitterLinkedinEmail
GeorgiaIndustrialLeasing ActivitySoutheast

JLL Negotiates 691,667 SF Industrial Lease in Adairsville, Georgia

by John Nelson

ADAIRSVILLE, GA. — JLL has arranged a 691,667-square-foot, full-building lease at International Commerce Center, an industrial facility located northwest of Atlanta in Adairsville. The tenant is Pactra USA Inc., a third-party logistics firm and the U.S. subsidiary of South Korean company Pactra. Ben Pridemore and Ryan Hoyt of JLL represented the tenant in the lease negotiations. Matt Wirth and Scott Plomgren of BroadPoint Partners represented the landlord, Houston-based Welcome Group. International Commerce Center features 40-foot clear heights, 124 dock-high doors, four drive-in doors, 190-foot truck courts, 388 auto parking spaces and 254 trailer parking spaces. The property includes proximity to the I-75 corridor and the Appalachian Regional Port.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentGeorgiaIndustrialSoutheast

Hunt Midwest Enters Georgia With 1.9 MSF Industrial Development Near Port of Savannah

by John Nelson

BLOOMINGDALE, GA. — Hunt Midwest, a premier development firm based in Kansas City, plans to enter Georgia with its new Hunt Crossroads Commerce Center project. The 1.9 million-square-foot industrial development will be located in Bloomingdale, a city near the Port of Savannah. The project will sit on 280 acres at the northwest corner of I-16 and Jimmy DeLoach Parkway. The six planned buildings will have build-to-suit and flexible leasing options for users ranging from 100,000 to 427,680 square feet. Hunt Midwest has begun the first phase of infrastructural work and plans to break ground soon on Building I, a 318,367-square-foot, rear-load building that is scheduled to open in second-quarter 2027. The developer has tapped Bill Sparks and Preston Andrews of CBRE to handle leasing at Hunt Crossroads Commerce Center.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsCaliforniaGeorgiaIndustrialSoutheastTexasTop StoriesWashingtonWestern

BKM, Kayne Anderson Acquire 8.5 MSF Light Industrial Portfolio for $1.8B

by Kristin Harlow

NEWPORT BEACH, CALIF. AND BOCA RATON, FLA. — BKM Capital Partners and Kayne Anderson Real Estate have acquired an 8.5 million-square-foot light industrial portfolio from Link Logistics for $1.8 billion. The portfolio includes 51 multi-tenant properties across markets in California, Washington, Texas and Georgia. The deal marks the largest light industrial transaction since 2022, according to the joint venture partners, which now maintain roughly 15 million square feet of multi-tenant light industrial assets under management. The portfolio is approximately 90 percent occupied and consists of nearly 2,000 units across 275 buildings, all located in infill submarkets within high-growth metropolitan areas. “At Kayne Anderson Real Estate, we continue to focus on sectors where we see durable demand drivers and the opportunity to create value through scale, vertical integration and operational expertise,” says Al Rabil, co-founder and CEO of Kayne Anderson Real Estate. “Multi-tenant light industrial remains a highly fragmented segment with compelling fundamentals.” “This acquisition marks the largest addition to BKM’s platform to date and is representative of the strategy we have deployed in the multi-tenant light industrial space for years,” says Brian Malliet, founder, CEO and chief investment officer of BKM. “It not only underscores the importance of deep operating …

Continue Reading
FacebookTwitterLinkedinEmail
The-Barfield
GeorgiaLeasing ActivityOfficeSoutheast

Omnissa Inks 56,202 SF Office Lease at Former IBM Campus in Sandy Springs, Georgia

by Abby Cox

SANDY SPRINGS, GA. — Omnissa, a Mountain View, Calif.-based enterprise software company, has signed on as the first major tenant at The Barfield, a two-building, 236,191-square-foot office complex in the Atlanta suburb of Sandy Springs. Beginning next summer, Omnissa will occupy the entire 56,202-square-foot third floor at the former IBM campus. Drawbridge Realty has owned the campus since 2015. Originally a build‑to‑suit development for an IBM subsidiary, the property has never been available for lease since it was developed. The Barfield is undergoing a $10 million repositioning program. Earlier this year, Drawbridge completed the first phase, which included Wi‑Fi‑enabled terrace lounges, outdoor basketball and pickleball courts, a bee sanctuary and a redesigned entry plaza with collaborative seating. The design team at ASD|Sky has created a second phase of interior improvements that features a grand staircase connecting the lobby to a café, social lounge, gaming area and a fitness center, as well as a yoga studio, locker rooms and showers. Along with a connected six-story parking garage, the campus also includes a 50,400-square-foot building leased to Children’s Healthcare of Atlanta and Aspen University. Jeff Bellamy of JLL represented Drawbridge Realty in the lease negotiations. Nima Ghomghani and Paul Holmes of CBRE represented …

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsGeorgiaRestaurantRetailSoutheast

Marcus & Millichap Brokers Sale of Restaurant in Buford, Georgia Leased to Whataburger

by John Nelson

BUFORD, GA. — The Taylor McMinn Retail Group of Marcus & Millichap has brokered the sale of a restaurant in Buford, a northeast suburb of Atlanta in Gwinnett County. Whataburger occupies the restaurant on a 15-year ground lease that features 10 percent rent increases in the initial term and extension options. The popular burger chain recently backfilled the restaurant vacated by an unnamed tenant. Don McMinn and Andrew Koriwchak of Taylor McMinn Retail Group brokered the sale on behalf of the seller, a developer that is a repeat client for Whataburger. The out-of-state buyer purchased the restaurant in an all-cash 1031 exchange. “Despite challenges with the higher price point, our team sourced an all-cash, out-of-state, 1031 buyer through our national reach and buyer relationships,” says McMinn. “This is our fifth Whataburger sale in Atlanta, and we have additional Atlanta product for sale.”

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsGeorgiaMultifamilySoutheast

American Landmark Acquires 400-Unit Apartment Community in Buford, Georgia

by John Nelson

BUFORD, GA. — American Landmark Apartments has acquired Preserve at Mill Creek, a 400-unit multifamily community located at 1400 Mall of Georgia Blvd. in Buford, a northeast suburb of Atlanta. The seller and sales price were not disclosed. Built in 2001, Preserve at Mill Creek is situated near the Mall of Georgia, I-85 and Ga. Highway 20. The property features one-, two- and three-bedroom apartments, as well as a swimming pool, fitness center, courtyard and a clubhouse. The acquisition grows American Landmark’s metro Atlanta portfolio to nine properties.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentGeorgiaIndustrialSoutheast

PNK Group Begins Construction on 1 MSF Industrial Facility in Griffin, Georgia

by John Nelson

GRIFFIN, GA. — PNK Group has begun construction on PNK Griffin 200, a 1 million-square-foot speculative industrial facility located at 35 S. McDonough Road in Griffin, about 38 miles south of Atlanta. The property will be developed using PNK Group’s prefabricated Building Assembly Set (BAS) technology and will feature 40-foot clear heights, 194 dock doors, four drive-in doors, a 185-foot truck court, 245 trailer parking spaces and 480 car parking spaces. PNK Griffin 200 is PNK Group’s second project in the industrial park as the New York-based developer recently delivered a 306,000-square-foot build-to-suit facility for Rinnai America Corp.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsAffordable HousingGeorgiaSeniors HousingSoutheast

Dominium Acquires Affordable Seniors Housing Community in Duluth, Georgia, Plans $9.9M Renovation

by Abby Cox

DULUTH, GA. — Dominium has acquired Sweetwater Terraces, a 165-unit affordable seniors housing community located in Duluth, a northeast suburb of Atlanta. The property was originally developed in 2008 under the Low-Income Housing Tax Credit (LIHTC) program. Dominium has planned a $9.9 million renovation of the property to include updates to roofing, siding and unit interiors, as well as the clubhouse and amenity spaces. The Plymouth, Minn.-based affordable housing developer and investor plans to preserve the affordability status of Sweetwater Terraces during its ownership period. The four-story residential community comprises studio, one-, two- and three-bedroom apartments ranging in size from 496 to 1,158 square feet, according to Apartments.com. Amenities include a community garden, fitness center, salon and shuffleboard courts.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts