Tuesday, October 21, 2025
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Development

DevelopmentGeorgiaMixed-UseMultifamilyRetailSoutheast

Northwood Ravin to Develop 370-Unit Halo Apartments in Decatur, Georgia

by John Nelson

DECATUR, GA. — Northwood Ravin plans to develop Halo, a 370-unit luxury apartment community in Decatur. The Charlotte-based developer plans to deliver first units next April and fully finish the five-story development by January 2027. Situated in the city’s East Decatur neighborhood, Halo will offer a mix of one-, two- and three-bedroom apartments, as well as retail and plaza space and live-work units with street-level entrances. Northwood Ravin is partnering with Eric Carlton of Oakhurst Realty Partners on the retail tenant mix. The first confirmed retail tenant is Galore Market, a neighborhood market concept from the creators of O4W Market near Krog Street Market. Planned amenities at Halo include a rooftop pool, more than 3,000 square feet of fitness space, including a private yoga studio and exercise room, gaming lawn, pergola with covered seating, outdoor movie projector, fire pit, a hidden bar with full service and surprise cocktail events, sports bar, golf simulator, pet spa and a community coworking club with an embedded coffee shop.

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DevelopmentIndustrialMarylandSoutheast

Logistics Property Co. Breaks Ground on 270,000 SF Industrial Development in Beltsville, Maryland

by John Nelson

BELTSVILLE, MD. — Logistics Property Co. (LogiPropCo) has broken ground on Beltsville Logistics Center, a two-building, 270,000-square-foot industrial development in the Washington, D.C., suburb of Beltsville. The property is situated on Md. Route 200 and has immediate access to I-95. Building 1 at Beltsville Logistics Center will total 147,358 square feet and Building 2 will total 122,606 square feet. Both buildings will feature 32-foot clear heights, ample dock doors and auto parking spaces. The design-build team includes FCL Builders (general contractor), Powers Brown Architecture (architect), LJB Engineering (structural engineer) and Salas O’Brien (MEP engineer). LogiPropCo expects to deliver the development in third-quarter 2026.

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345-N-Pekin-Rd-Woodland-WA
DevelopmentIndustrialWashingtonWestern

TCC Breaks Ground on 931,186 SF Woodland Industrial Park in Southern Washington

by Amy Works

WOODLAND, WASH. — Trammell Crow Co. (TCC) has broken ground on Woodland Industrial Park, a speculative development in Woodland, approximately 22 miles from Portland, Ore. Slated for delivery by fall 2026, Woodland Industrial Park will feature two buildings offering a total of 931,186 square feet of Class A space being offered for lease or sale. Situated on 66 acres at 345 N. Pekin Road, Woodland Industrial Park will include a 655,094-square-foot cross-dock warehouse with a clear height of 40 feet and 130 trailer parking stalls and a 276,092-square-foot rear-loaded building with a clear height of 36 feet and yard area that can accommodate up to 98 trailer parking stalls. Mackenzie designed the project, while Sierra Construction is serving as general contractor. Capacity Commercial Group is marketing the development.

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ArizonaDevelopmentRetailWestern

Thompson Thrift Begins Development of 27,000 SF Retail Center Near Phoenix 

by Amy Works

TEMPE, ARIZ. — Indiana-based Thompson Thrift has broken ground on South Tempe Square, a 27,000-square-foot neighborhood shopping center located in Tempe, roughly 10 miles east of Phoenix. Nearly 75 percent of the property is preleased or under lease negotiations. Tenants who have already signed leases include BURN Total Body Conditioning, Pacific Dental, Look Lab, Luna Grill Restaurant, The Slice House by Tony Gemignani and GoodVets. A 4,500-square-foot restaurant pad and two inline retail spaces are still available for lease. A construction timeline was not disclosed.

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DevelopmentIllinoisIndustrialMidwest

AbbVie Plans $195M Expansion of North Chicago Manufacturing Plant

by Kristin Harlow

NORTH CHICAGO, ILL. — AbbVie (NYSE: ABBV) has unveiled a $195 million investment to expand its North Chicago manufacturing plant to include domestic active pharmaceutical ingredient (API) production. The expansion is part of AbbVie’s previously announced commitment to invest more than $10 billion of capital in the U.S. to support innovation and expand critical manufacturing capabilities and capacity. API manufacturing involves producing the active components responsible for the therapeutic effects of medications. The new North Chicago API facility will expand AbbVie’s chemical synthesis capabilities in the U.S., supporting domestic production of current and next-generation neuroscience, immunology and oncology medicines. Construction of the new facility is slated to begin this fall, with the site projected to be fully operational in 2027. The project will expand AbbVie’s existing U.S. manufacturing footprint, which supports more than 6,000 American jobs across 11 manufacturing sites and thousands of additional jobs at suppliers around the U.S. AbbVie is headquartered in North Chicago and employs more than 11,000 people in the state that work to develop and manufacture medicines for patients worldwide.

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AlabamaDevelopmentGeorgiaIndustrialKentuckySouth CarolinaSoutheastTennesseeTop Stories

GE Appliances Unveils $3B Investment to Expand U.S. Manufacturing Across Five States

by Kristin Harlow

LOUISVILLE, KY. — GE Appliances, a Haier company, has unveiled plans to invest more than $3 billion in its U.S. operations over the next five years. The company plans to expand its air conditioning and water heating portfolio, increase production output across all product lines and further modernize its 11 U.S. manufacturing plants with new automation and capital equipment. The first phase of investments will begin at GE Appliances plants in Kentucky, Alabama, Georgia, Tennessee and South Carolina. Upon completion of the plan, Louisville-based GE Appliances will have invested $6.5 billion across its U.S. manufacturing plants and nationwide distribution network since 2016, which is the year that the company was sold by General Electric (NYSE: GE) to Haier. The new $3 billion announcement marks the second-largest investment in the company’s history. The GE Appliances plant in Camden, S.C., currently produces gas water heaters. With the new investment, electric and hybrid water heater manufacturing will be added, doubling the plant’s output and employment once the project is complete. The first phase will be implemented by early 2026. In December, GE Appliances will add two new models of air conditioners to its air and water product portfolio at its Selmer, Tenn., plant. …

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DevelopmentHospitalityTexas

House of Tangram Buys 30 Acres in Mansfield, Texas for Mixed-Use Project

by Taylor Williams

MANSFIELD, TEXAS — Locally based developer House of Tangram has purchased 30 acres in Mansfield, located south of Fort Worth, for a new mixed-use project. The site is situated within the 100-acre, $2.5 billion Staybolt Street District development, and the project will include a 288-unit hotel that will be known as Carbon Mansfield and a 33,000-square-foot convention center. The acreage is adjacent to a 166,000-square-foot, multi-sport stadium that is under construction and will be the permanent home of North Texas SC, the MLS NEXT Pro affiliate of FC Dallas. The convention center has been designed to support sports, medtech and high-performance events. House of Tangram is also planning to open Cache Legitimate and KUBO, a dual-branded hotel concept that will feature robotic bartenders, drone delivery and immersive media walls as the norm. Construction on the 30-acre parcel is scheduled to begin next summer and is expected to last about two years.

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DevelopmentIndustrialTexas

Alliance Industrial, Northwestern Mutual to Develop 881,521 SF Park in Southeast Houston

by Taylor Williams

HOUSTON — Alliance Industrial Co. will develop TriPort 8, an 881,521-square-foot industrial park in southeast Houston. The project, which Alliance is developing in partnership with Northwestern Mutual, will span five buildings across 62 acres. Buildings will be able to accommodate users with requirements from 30,000 to 250,000 square feet and will feature 32- to 36-foot clear heights. Luke Hoyl with Virtue Real Estate Partners represented Alliance in the acquisition of the site. Stream Realty Partners has been appointed as the leasing agent and has inked several new deals.

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Data CentersDevelopmentIndustrialTexas

Sabey Data Centers Breaks Ground on 54-Megawatt Project in Metro Austin

by Taylor Williams

ROUND ROCK, TEXAS — Sabey Data Centers, a Seattle-based owner-operator that is a joint venture between Sabey Corp. and National Real Estate Advisors LLC, has broken ground on a 54-megawatt project in the northern Austin suburb of Round Rock. The three-story facility represents Building B within a larger campus, and the first 18 megawatts of power are expected to be available to users in the third quarter of 2027.

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Data CentersDevelopmentGeorgiaLoansSoutheast

DC Blox Secures $1.15B Construction Financing for Data Center Campus in Douglas County, Georgia

by John Nelson

DOUGLAS COUNTY, GA. — DC Blox has obtained $1.15 billion in construction financing for a new data center campus coming to Douglas County, which sits west of Atlanta. ING Capital LLC, Mizuho Bank Ltd. and Natixis Corporate & Investment Banking served as lead arrangers and joint bookrunners for the financing package. Other participating capital sources include First Citizens Bank, CoBank ACB, LBBW, Toronto-Dominion Bank, KeyBank and Huntington National Bank. The funds will support the development of a 120-megawatt (MW) data center and include campus expansion to support an additional 80 MW of space. The financing follows DC Blox securing a $265 million green loan and equity from Post Road Group for the project. DC Blox expects the campus, which will be utilized by cloud and AI users, to be available as early as 2027. The developer and operator has a data center underway in the county, as well as in Conyers, Ga., with a few more scattered around the Southeast.

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