Sunday, November 8, 2026
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DevelopmentGeorgiaIndustrialSoutheast

Southwire to Open 1.2 MSF Distribution Center in Bremen, Georgia

by John Nelson

BREMEN, GA. — Southwire plans to open a new 1.2 million-square-foot distribution center in Bremen, located 45 miles west of Atlanta via I-20. The new center will combine operations with three existing distribution sites in Villa Rica, Ga., serving as a centralized distribution center for customers across the organization. Upon completion, the center will rank as one of Southwire’s largest facilities for its distribution and shipping operations in the West Georgia region. The facility is scheduled to be completed by the third quarter of 2026. Southwire opened its most recent distribution center in the Dallas-Fort Worth area in August 2024.

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AcquisitionsMultifamilySoutheastTennessee

IPA Negotiates $52M Sale of Stonehenge Apartments in Suburban Nashville

by John Nelson

LEBANON, TENN. —Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the $52 million sale of Stonehenge, a 228-unit multifamily property in Lebanon, roughly 20 miles east of downtown Nashville. Completed in 2023, the property is situated on 13 acres and offers units ranging in size from one- to three-bedrooms. Amenities include a saltwater swimming pool, clubhouse, fitness center and an entertainment lounge. David Stollenwerk, Will Balthrope and Drew Garza of IPA represented the seller and secured the buyer in the transaction. The buyer and seller were not disclosed. Brian Eisendrath, Cameron Chalfant and Jake Vitta of IPA Capital Markets arranged acquisition financing for the buyer. Jody McKibben served as Marcus & Millichap’s broker of record in Tennessee for the deal.

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HospitalityLoansNew YorkNortheast

Cronheim Mortgage Arranges $25M Refinancing of Two Long Island Hotels

by Taylor Williams

GREENPORT, N.Y. — New Jersey-based intermediary Cronheim Mortgage has arranged the $25 million refinancing of two Long Island hotels. The Sound View Hotel and Harbor Front Inn are both boutique waterfront properties that are located in the North Fork community of Greenport. Both hotels offer a variety of accommodations, and Sound View also houses food-and-beverage establishments. The sponsor is Eagle Point Hotel Partners. The direct lender was not disclosed.

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AcquisitionsAlabamaIndustrialSoutheast

JLL Arranges Sale of 373,015 SF Industrial Property in Mobile, Alabama

by John Nelson

MOBILE, ALA. — JLL Capital Markets has arranged the sale of Mobile Portside, a two-building industrial property totaling 373,015 square feet in Mobile. The two facilities were fully leased at the time of sale and feature 32- to 36-foot clear heights, 180- to 185-foot truck courts, ESFR sprinkler systems and dock doors. Jim Freeman, Britton Burdette and Dennis Mitchell of JLL represented the seller, Burton Property Group, in the transaction. One Liberty Properties Inc. was the buyer. The sales price was not disclosed. Built in 2023, Mobile Portside comprises Buildings D and N and is situated within the South Alabama Logistics Park, the largest master-planned industrial development between Texas and Georgia. The property offers access to the Port of Mobile and spans more than 1,000 developable acres. Upon completion, the park will offer approximately 11.1 million square feet of industrial space.

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AcquisitionsFloridaRetailSoutheast

SRS Brokers $4M Sale of Multi-Tenant Retail Property in Metro Tampa

by John Nelson

TEMPLE TERRACE, FLA. — SRS Real Estate Partners has brokered the $4 million sale of Telecom Village, a 6,323-square-foot, multi-tenant retail property in the Tampa suburb of Temple Terrace. At the time of sale, the property was fully occupied by four tenants: Foxtail Coffee Co., Zoom Tan, Hummus Republic and Barberitos. Located at 7021 E. Fletcher Ave., the asset sits on roughly 1.1 acres. Patrick Nutt and William Wamble of SRS represented the seller, a Florida-based private investor, in the transaction. The buyer was a Tampa-based private investor who purchased the property at a 6.2 percent cap rate. Both parties requested anonymity.

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AcquisitionsMassachusettsMultifamilyNortheast

Chozick Realty Negotiates $7.9M Sale of Apartment Complex in Great Barrington, Massachusetts

by Taylor Williams

GREAT BARRINGTON, MASS. — Regional brokerage firm Chozick Realty has negotiated the $7.9 million sale of Beechtree Commons, a 66-unit apartment complex in Great Barrington, located near the Massachusetts-New York border. The property was built on 4.5 acres in 1972 and houses one- and two-bedroom units. Tom Boyle of Chozick represented the seller, a family office, in the transaction, and procured the buyer, a regional owner-operator. Both parties requested anonymity.

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Volcom
CaliforniaCompany NewsRetailTop StoriesWestern

Liberated Brands Files for Chapter 11 Bankruptcy, Plans to Close 122 Stores 

by Hayden Spiess

COSTA MESA, CALIF. — Liberated Brands, a licensed operator of several sport, outdoor and lifestyle apparel brands, has initiated Chapter 11 bankruptcy proceedings, according to court documents filed in Delaware.  Liberated Brands’ portfolio of retailers includes Volcom, Billabong, Quiksilver, ROXY, Honolua Surf, RVCA, Beachworks, Becker Surfboards, ZJ Boarding House, Spyder and Boardriders. According to Gordon Brothers, which is providing real estate advisory services to the retailer, Liberated Brands plans to close its 122 stores throughout the country. Gordon Brothers — which earlier this year entered into a sales transaction with Big Lots upon the latter’s Chapter 11 bankruptcy filing — has initiated closing sales at each of the 122 retail locations.  In a statement, Liberated Brands CEO Todd Hymel cited “a series of major headwinds and challenges,” including the rise in interest rates, inflation, supply chain delays, declining consumer demand, shifting customer preferences and substantial fixed costs.  Additionally, in December 2024, the company’s North American license rights for its wholesale operations under the Volcom, RVCA and Billabong brands were terminated due to a default.  Founded in 2019 by Hymel, Costa Mesa-based Liberated Brands briefly enjoyed a sharp increase in product demand during the COVID-19 pandemic, with revenue increasing from $350 million in …

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AcquisitionsGeorgiaIndustrialLoansSoutheastTennessee

CBRE Arranges Sale of 1.6 MSF Industrial Portfolio in Metro Atlanta, Memphis

by John Nelson

BRASELTON, GA. AND MEMPHIS, TENN. — CBRE has arranged the sale of a two-property industrial portfolio in Braselton and Memphis totaling more than 1.6 million square feet. The facilities include a 613,440-square-foot cross-dock warehouse in Braselton, a city on the northeast outskirts of the metro Atlanta area, and a 1 million-square-foot cross-dock warehouse in Memphis. The Braselton facility was built in 2016 and is fully leased to a large e-commerce company, and the Memphis property was built in 2021 and is fully occupied by Medtronic. Frank Fallon, Trey Barry, José Lobon, Royce Rose, George Fallon, Ryan Bain, Zach Graham and Bentley Smith of CBRE represented the seller, JW Mitchell Co., in the transaction. The buyer and sales price were not disclosed. Additionally, Brian Linnihan, Mike Ryan, Richard Henry and Taylor Crowder of CBRE’s debt and structured finance team in Atlanta arranged a $69.9 million acquisition loan through Wells Fargo on behalf of the buyer.

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District of ColumbiaLeasing ActivityOfficeSoutheast

Freshfields Signs 117,000 SF Office Lease at Midtown Center in Downtown DC

by John Nelson

WASHINGTON, D.C. — Freshfields US LLP has signed a 117,000-square-foot lease at Midtown Center, a two-tower, 869,000-square-foot office property in downtown Washington, D.C. The global law firm will relocate its D.C. office from 700 13th St. NW to occupy floors six through eight in the West Tower at Midtown Center. Amy Bowser and Brooks Brown of CBRE represented the landlord, Carr Properties, in the lease negotiations, along with internal staffers Kaitlyn Rausse and Ryan Lopez. Rob Copito and Harry Stephens of CBRE represented Freshfields in the lease. Built in 2017, Midtown Center is now 80 percent occupied. Carr plans to add new amenities to the West Tower, including a rooftop penthouse and new conference and entertainment facilities. Existing amenities and features at Midtown Center include pedestrian bridges connecting the two towers, a two-level fitness center, rooftop terrace and restaurants on the ground level including Shoto, Grazie Nonna, Dauphines and Blue Bottle.

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AcquisitionsFloridaRetailSoutheast

IPA Brokers $24M Sale of Westend Square Shopping Center in Tallahassee

by John Nelson

TALLAHASSEE, FLA. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the $24 million sale of Westend Square, a 152,335-square-foot shopping center in Tallahassee. Douglas Mandel of IPA represented the seller, Steven Leoni, and procured the buyer, New York-based Milbrook Properties, in the deal. Mandel says the shopping center has upside potential as the property’s current rental rates are 25 percent below market rates. Situated within a mile from Florida State University’s campus, Westend Square was 98 percent leased at the time of sale to tenants including Five Below, Planet Fitness, Pet Supermarket, Aaron’s Rent To Own, Little Caesars Pizza, the U.S. Post Office and Citi Trends. Aldi shadow-anchors the center, which was renovated in 2022.

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