Wednesday, July 1, 2026
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AcquisitionsGeorgiaOfficeSoutheast

Real Capital Solutions Acquires 101 Marietta Office Tower in Downtown Atlanta for $49.5M

by John Nelson

ATLANTA — Real Capital Solutions has acquired 101 Marietta, a 36-story office tower located at 101 Marietta St. NW in downtown Atlanta, for $49.5 million. The seller was not disclosed. Situated adjacent to Centennial Yards, the 673,819-square-foot building was 54 percent leased at the time of sale to tenants including the Atlanta Hawks, The Federal Defender Program, YKK AP America, Industrious and the U.S. Small Business Administration (SBA). Originally constructed in 1975 and renovated in 1999 and 2016, 101 Marietta has received more than $12 million in capital improvements completed by prior ownership, including lobby renovations, tenant amenities, building systems upgrades and digital signage enhancements. Real Capital Solutions plans to continue to invest in capital improvements to increase leasing and improve the tenant experience at 101 Marietta.

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AcquisitionsRestaurantRetailSoutheastTennessee

Matthews Brokers $8.5M Sale of Retail Strip Center in East Nashville

by John Nelson

NASHVILLE, TENN. — Matthews has brokered the $8.5 million sale of a retail strip center located at 1000 Woodland St. in east Nashville’s Five Points district. Built in 2023, the retail center spans 8,207 square feet and houses two tenants: Bartaco and Edley’s Bar-B-Que, which occupy the center on 10-year triple-net leases with annual rent escalations. Ben Burnett of Matthews brokered the transaction. The buyer was a locally based private investor completing a 1031 exchange. The seller was also not disclosed. Additionally, Matthews Capital Markets’ team secured a $5.1 million, five-year acquisition loan through a locally based lender for the buyer.

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FloridaLeasing ActivityOfficeSoutheast

CP Group Brings Occupancy at Central Florida Office Campus to 93 Percent

by John Nelson

LAKE MARY, FLA. — CP Group has improved the occupancy rate at Northpoint Center, a 334,000-square-foot office campus in the Orlando suburb of Lake Mary, from 76 percent to 93 percent in under two years. The Boca Raton-based office giant has executed more than 126,000 square feet of leases since recapitalizing and renovating the three-building office campus two years ago. Recently, CP Group signed a new 16,586-square-foot lease with Staples Contract & Commercial LLC, a subsidiary of the retailer Staples, and a 13,707-square-foot lease expansion for Westwood Professional Services, which is more than doubling its footprint at Northpoint Center. Madison Kimball of JLL represented the landlord in both transactions.  Chris Mullen and Andrei Savitski of CBRE represented Staples, and John Beach and Catherine Gibbons of Newmark represented Westwood.

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FloridaMarket ReportsOfficeSoutheastSoutheast Market Reports

Miami’s Office Market Has Moved Beyond the Migration Narrative

by John Nelson

Miami’s office market is no longer defined by migration alone. What is driving performance today is expansion, constrained supply and long-term corporate commitments that continue to support growth, even as many U.S. office markets navigate ongoing uncertainty. At its core, this cycle is defined by the imbalance between rising demand for space and the limited availability of high-quality office product. Companies are not only maintaining a presence in Miami, but they are scaling, and that expansion is increasingly shaping the direction of the market. That dynamic has been evident over the past five years and continued in the first quarter. Leasing activity has settled in above pre-2020 levels and the Miami-Dade County office market continues to record positive absorption. With 89,000 square feet of positive absorption this quarter, the Miami-Dade office market has absorbed approximately 3.4 million square feet since the start of 2021.  That strong demand has pushed asking rents to $66.30 per square foot, up 10.6 percent year-over-year, and 53 percent since first-quarter 2021. The market also continued to attract institutional attention, underscored by Palantir’s decision to establish its headquarters in Miami. Underlying these numbers is a structural advantage that continues to set Miami apart: utilization. The city …

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LoansMultifamilyTexas

MMCC Arranges $54M HUD-Insured Loan for Refinancing of Metro Houston Apartment Community

by Taylor Williams

RICHMOND, TEXAS — Marcus & Millichap Capital Corp. (MMCC) has arranged a $54 million HUD-insured loan for the refinancing of Lakeview at Westpark, a 298-unit apartment community in Richmond, located southwest of Houston in Fort Bend County. Built in 2021, Lakeview at Westpark offers one-, two- and three-bedroom units and amenities such as a pool with a tanning deck, fitness center with yoga and spin studios, outdoor kitchen and lounge, resident game room and a dog park. Brandon Brown of MMCC arranged the loan, which carried a fixed interest rate of 5.3 percent and a 35-year amortization schedule, through KeyBank on behalf of the borrower, Texas-based Rockstar Capital.

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AcquisitionsIndustrialSelf-StorageTexas

JLL Negotiates Sale of 669-Unit Self-Storage Portfolio in Arlington

by Taylor Williams

ARLINGTON, TEXAS — JLL has negotiated the sale of a portfolio of three self-storage facilities totaling 669 units in Arlington. The facilities at 3016 S. Cooper St., 2331 S. Collins St. and 2306 N. Collins St. were all built in the 1970s and collectively span 80,216 net rentable square feet. Steve Mellon, Brian Somoza, Adam Roossien and Matthew Wheeler of JLL represented the seller, an undisclosed, publicly traded storage REIT, in the transaction. BreakChain Capital Investments purchased the portfolio for an undisclosed price.

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DevelopmentIndustrialSelf-StorageTexas

Newcor Completes 617-Unit Self-Storage Facility in Tomball, Texas

by Taylor Williams

TOMBALL, TEXAS — Locally based firm Newcor Commercial Real Estate has completed a 617-unit self-storage facility in Tomball, located northeast of Houston. The facility sits on a 5.1-acre site at 11110 Hufsmith Road and spans 87,970 net rentable square feet across 510 climate-controlled units, 93 non-climate-controlled units and 14 dedicated boat and RV storage spaces. RightMove Storage will operate the facility. A ribbon-cutting ceremony took place on Wednesday, June 17, and a larger opening celebration is planned for the fall.

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AcquisitionsRetailTexas

Marcus & Millichap Brokers Sale of 46,822 SF Retail Center in Irving

by Taylor Williams

IRVING, TEXAS — Marcus & Millichap has brokered the sale of Market Square, a 46,822-square-foot retail center in Irving’s Las Colinas district. Market Square was built in 1984 and houses a mix of service-oriented tenants under triple-net agreements. Philip Levy of Marcus & Millichap represented the seller and procured the buyer, both of which were private investors that requested anonymity, in the transaction.

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FloridaLoansOfficeSoutheast

Berkadia Arranges $100.4M Refinancing for Office Campus in Palm Beach Gardens, Florida

by John Nelson

PALM BEACH GARDENS, FLA. — Berkadia has arranged a $100.4 million loan for the refinancing of DiVosta Towers, a two-building office campus located at 3825 and 3835 PGA Blvd. in Palm Beach Gardens, a city in South Florida’s Palm Beach County. The Class A property comprises two 11-story office buildings spanning 220,000 square feet that are connected by a parking structure. The property was fully delivered in 2020 and houses tenants including JP Morgan, Wealthspire Advisors and Virtu Financial, among others. Charles Foschini, Scott Wadler and Shannon Wilson of Berkadia’s Miami office arranged the three-year, floating-rate loan through Cirrus Real Estate on behalf of the borrower, Gatsby Florida. The sponsor is also building The Modern at Palm Beach Gardens, a 220,000-square-foot office building located at 11200 RCA Center, less than one mile from DiVosta Towers.

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AcquisitionsFloridaMultifamilySoutheast

Waterton Purchases 358-Unit Apartment Community in South Florida for $80.5M

by John Nelson

PEMBROKE PINES, FLA. — Waterton has purchased The Landings at Pembroke Lakes, a 358-unit, garden-style apartment community located at 10650 Washington St. in Pembroke Pines, a city in South Florida’s Broward County. The Chicago-based owner-operator plans to invest in light capital improvements to the property’s interiors and common areas, including new equipment on its lakefront beaches. The seller and sales price were not disclosed, but South Florida Business Journal reports the property traded at $80.5 million. Walker & Dunlop represented both the buyer and seller in the transaction and also arranged acquisition financing. Built in 1989 around a 45-acre lake, The Landings at Pembroke Lakes is situated on a 27-acre site and offers a mix of one- and two-bedroom apartments. Amenities include a resort-style pool, clubhouse, fitness center, dog park, tennis courts and sand volleyball courts.

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