Sunday, September 6, 2026
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GeorgiaLeasing ActivityOfficeSoutheast

FanDuel Opens 68,000 SF Office at Ponce City Market in Atlanta

by John Nelson

ATLANTA — FanDuel, a sports-tech entertainment firm known for its fantasy sports leagues, has opened its new offices at Ponce City Market, a mixed-use development in Atlanta’s Old Fourth Ward district. The company’s 68,000-square-foot space occupies the third floor and houses its software engineering, product development, user experience and user interface teams. The new office space features a mock sportsbook that tests FanDuel’s latest retail products; desk pods that support focused sprints and quick collaborations; and virtual scrum areas that allow digital whiteboarding concurrently across office locations. The heart of the office, the café and gaming zone, features a 12-foot video wall and a rotating selection of beer taps with beers made in Georgia that are selected by employees. FanDuel plans to grow its Atlanta-based workforce to approximately 900 colleagues over the next five years across 22 types of work settings. The company signed the lease last summer with Jamestown, the Atlanta-based owner of Ponce City Market.

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AcquisitionsMultifamilyNorth CarolinaSoutheast

Northmarq Secures Sale of 342-Unit Trinity Commons at Erwin Apartments in Durham

by John Nelson

DURHAM, N.C. — Northmarq has secured the sale of Trinity Commons at Erwin, a 342-unit apartment community located at 2530 Erwin Road in Durham. Jeff Glenn, Allan Lynch, Andrea Howard, Caylor Mark, John Currin and Ryan Bergin of Northmarq’s Carolinas investment sales team represented the seller, Northwestern Mutual Real Estate, in the transaction. The buyer and sales price were not disclosed. Amenities at Trinity Commons include a fitness center with yoga studio, resistance pool, hot and cold tubs, dry sauna, saltwater pool with a sundeck, three private courtyards with fountains, outdoor kitchen and bar with a pizza oven and secured parking garage.

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AcquisitionsGeorgiaRetailSoutheast

Marcus & Millichap Negotiates $32M Sale of Pooler Pointe Shopping Center Near Savannah

by John Nelson

POOLER, GA. — Marcus & Millichap has negotiated the $32 million sale of Pooler Pointe, a 160,683-square-foot shopping center located in Pooler. The property is located near Tanger Outlets Savannah, the Port of Savannah and Savannah/Hilton Head International Airport. Pooler Pointe’s tenant roster includes Hobby Lobby, HomeGoods and Dick’s Sporting Goods. Tim Giambrone of Marcus & Millichap’s Atlanta office represented the buyer, a private investment firm, in the transaction. The seller was also not disclosed.

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DevelopmentMultifamilyNew YorkNortheast

Diversified Properties Breaks Ground on 81-Unit Multifamily Project in New Windsor, New York

by Taylor Williams

NEW WINDSOR, N.Y. — New Jersey-based developer Diversified Properties has broken ground on Stonegate at New Windsor, an 81-unit multifamily project in New Windsor, about 70 miles north of New York City. The site at 435 Little Britain Road is directly across from Lake Washington. Designed by Thomas Brennan Architects, the property will feature a mix of studio, one-, two- and three-bedroom units, as well as a lounge and a fitness center. Completion is scheduled for July 2023.

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AcquisitionsAlabamaRetailSoutheast

Legacy Realty Brokers $7.4M Sale of Hillcrest Marketplace Shopping Center in Mobile

by John Nelson

MOBILE, ALA. — Legacy Realty Group Advisors has brokered the $7.4 million sale of Hillcrest Marketplace, a 76,000-square-foot shopping center located at 6300 Grelot Road in Mobile. The property was 95 percent leased at the time of sale to tenants including anchor Winn-Dixie. Jacob Baruch and Max Yardeni of Legacy Realty represented both the buyer and seller in the transaction. Both parties requested anonymity.

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AcquisitionsNew YorkNortheastNorthmarqRestaurantRetail

Northmarq Arranges $7.6M Sale of Restaurant Property in Huntington, New York

by Taylor Williams

HUNTINGTON, N.Y. — Northmarq has arranged the $7.6 million sale of a 4,996-square-foot restaurant property located in the Long Island community of Huntington. The newly built restaurant sits on 2.5 acres and is leased to Chick-fil-A. A shopping center owner and developer based in Westchester County sold the property to a New York-based 1031 exchange investor. Maggie Holmes and Mike Sladich of Northmarq brokered the deal. The deal traded at a cap rate of 3.68 percent.

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AcquisitionsConnecticutMultifamilyNortheastRetail

Northeast Private Client Group Brokers $4.6M Sale of Connecticut Multifamily, Retail Property

by Taylor Williams

NEW BRITAIN, CONN. — Northeast Private Client Group has brokered the $4.6 million sale of 87 West Main Street, a 29,000-square-foot multifamily and retail property in New Britain, located southwest of Hartford. The residential component comprises 10 one-bedroom and six two-bedroom units, and the retail space totals 13,761 square feet across eight units. Rich Edwards, Jeff Wright and Patrick Hegarty of Northeast Private Client Group represented the buyer and seller, both of which requested anonymity, in the deal.

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Leasing ActivityNew YorkNortheastRetail

Adidas Signs 30,639 SF Retail Lease Renewal at 610 Broadway in Manhattan

by Taylor Williams

NEW YORK CITY — Adidas has signed a 30,639-square-foot retail lease renewal at its flagship store at 610 Broadway in Manhattan’s SoHo neighborhood. The sportswear giant has committed to the three-story space for an additional 10 years. The six-story building was originally built in 2004 and predominantly houses office space. JLL represented the landlord, LaSalle Investment Management, in the lease negotiations. Adidas was represented internally.

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Epic-One-Colorado-Springs-CO
AcquisitionsColoradoOfficeWestern

Crescent Real Estate Divests of 1 MSF Office Portfolio in Colorado Springs for $180M

by Amy Works

COLORADO SPRINGS, COLO. — Crescent Real Estate has completed the disposition of a Class A office portfolio totaling 1 million square feet in Colorado Springs. The 13-building asset was sold as a mix of individual buildings and micro-portfolios to multiple buyers during the past four years for an aggregate price of $180 million. Aaron Johnson and Jon Hendrickson of Cushman & Wakefield represented the seller in the disposition of the entire portfolio. Crescent Real Estate originally acquired the portfolio of mid-rise and single-story office buildings in 2018 for $125 million. Crescent began divesting of the assets in 2019 through 2022. The portfolio includes: Epic One, a 145,694-square-foot building at 10807 New Allegiance Drive InterQuest I, a 74,005-square-foot facility at 9945 Federal Drive InterQuest II, a 54,057-square-foot building at 9925 Federal Drive InterQuest III, a 66,223-square-foot building at 9950 Federal Drive InterQuest IV, a 46,948-square-foot property at 9960 Federal Drive Patriot Park I, a 103,183-square-foot facility at 985 Space Center Drive Patriot Park II, a 33,190-square-foot building at 980 Technology Court Patriot Park V, a 51,770-square-foot property at 745 Space Center Drive Patriot Park VI, a 103,970-square-foot asset at 655 Space Center Drive Patriot Park VII, an 89,624-square-foot facility at 565 …

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Villas-Litchfield-Park-Phoenix-AZ
ArizonaBuild-to-RentDevelopmentLoansWestern

JLL Arranges $30M Construction Loan for Villas Litchfield Park Build-to-Rent Community in Phoenix

by Amy Works

PHOENIX — JLL Capital Markets has arranged a $30 million construction loan for Villas Litchfield Park, a build-to-rent community in Phoenix. The borrower is a joint venture between Blue Vista Capital Management and Family Development. Upon completion, Villas Litchfield Park will feature 153 one- and two-bedroom, freestanding, single-story units for residences. All units will offer simulated wood flooring, quartz countertops, stainless steel appliances, in-unit washers/dryers and private backyards. Community amenities will include a resort-style pool, fitness center, open turf spaces, outdoor lounge areas and grill area. Brian Walsh, Brad Miner and Dave Hunter of JLL Capital Markets secured the 3.5-year loan through Old National Bank for the borrower.

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