BATON ROUGE, LA. — Atlanta-based multifamily investment firm Audubon is redeveloping Fairway View Apartments, a 446-unit complex in the Westdale Heights neighborhood of Baton Rouge. The complex, which Audubon is rebranding as Palmer Club Apartments, is undergoing renovations, including the addition of a fitness center and a centralized mail handling system. Each apartment will receive approximately $8,000 to $10,000 in capital improvements. Palmer Club offers one-, two- and three-bedroom units with rents ranging from $775 to $1,400.
Jefferson Apartment Group Begins Leasing 350-Unit Property in Charlotte’s Optimist Park Neighborhood
CHARLOTTE, N.C. — Regional multifamily developer Jefferson Apartment Group (JAG) has begun leasing J Optimist Park, a six-story, 350-unit apartment building located outside of downtown Charlotte in the city’s Optimist Park neighborhood. The building offers one- and two-bedroom units that range in size from 523 and 1,197 square feet. Monthly rental rates at J Optimist Park range from $1,280 to $2,230, according to Apartments.com. Amenities include a pool, outdoor yoga lawn, bike storage and 467 resident parking spaces. United Bank provided construction financing for the project.
SUNNY ISLES BEACH, FLA. — Berkadia has brokered the sale of Solé Miami, A Noble House Resort, a 294-key condominium hotel located in Sunny Isles Beach, about 20 miles north of downtown Miami. The resort features beach access, a pool, fitness center and a steam room. Christian Charre and Paul Wiemer of Berkadia represented the seller, Mast Capital, in the transaction. South Street Partners acquired the property for an undisclosed price.
RIVERVIEW, FLA. — BGO, the institutional investment firm formerly known as BentallGreenOak, has acquired 6606 Simmons Loop Road, a 41,810-square-foot medical office building located in the Tampa suburb of Riverview. The two-story property was fully leased at the time of sale to Women’s Healthcare Enterprises and AdventHealth. CBRE negotiated the transaction on behalf of BGO.
ATLANTA — JLL has arranged the $300 million sale of a six-property industrial portfolio located across five Southeastern states. The facilities in the nearly 1.6 million-square-foot portfolio were fully net-leased to FedEx on long-term agreements at the time of sale. Built between 2022 and 2023, the facilities range in size from 251,000 to 337,000 square feet. The properties are located in Punta Gorda, Fla.; Anderson, S.C.; Myrtle Beach, S.C.; Christiansburg, Va.; Bristol, Va.; and Wingate, N.C. PGIM and Miramar Capital sold the portfolio to a confidential buyer. Britton Burdette, Dennis Mitchell, Luis Castillo, Bill Prutting, Jim Freeman, Maggie Dominguez and Bobby Norwood of JLL represented the sellers in the transaction. “The scale and geographic diversification of this portfolio reflect the critical role last-mile distribution plays in today’s logistics landscape,” says Burdette. “PGIM positioned these assets to capitalize on accelerating demand for modern industrial space in markets with strong population growth and consumer spending fundamentals.” PGIM is the global asset management business of Prudential Financial Inc. (NYSE: PRU) and has $1.4 trillion in assets under management as of March 31, 2026, including $217 billion in real estate assets. Miramar Capital is a privately owned real estate investment and development firm specializing in …
TUSCALOOSA, ALA. — Travel + Leisure Co., a vacation ownership and membership travel company, has broken ground on the $150 million Sports Illustrated Resort near the University of Alabama in Tuscaloosa. Slated to open in 2028, the planned mixed-use resort will feature a six-story tower with 75 hotel-managed condominiums and a six-story tower with 86 vacation ownership units, which will be connected by a central lobby. Owners and guests will have access to a lounge with stadium-style seating for watch parties, as well as a fitness center and pool deck amenities. The development will include retail and public-facing gathering spaces, including indoor/outdoor bars, a game lounge and a coffee bar. Plans also include a broadcast booth and rooftop terrace event space. Upon completion, the development will become the first ground-up collegiate Sports Illustrated Resort in the country, and will join previously announced projects in Baton Rouge, Nashville and Chicago. Travel + Leisure Co. operates, develops and manages the Sports Illustrated Resorts brand and its vacation club under a license from Authentic Brands Group, the owner of the Sports Illustrated name.
ORLANDO, FLA. — Colliers has negotiated the sale of West Colonial Oaks, a 161,333-square-foot, grocery-anchored retail center located at the intersection of West Colonial Drive and Hiawassee Road in Orlando. A Dallas-based family office purchased the property for $25 million. Brad Peterson and Whitaker Leonhardt of Colliers represented the seller, Newport Capital Partners, in the transaction. West Colonial Oaks was 95 percent leased at the time of sale to tenants including SuperFresh Market, Ollie’s Bargain Outlet, Family Dollar and Crazy Buffet. In November 2025, Japanese-inspired lifestyle and department store TesoLife signed a long-term lease at the center, in addition to Olive Garden and 7Brew, a drive-thru only coffee chain.
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 …
CONCORD, N.C. — A partnership between Charlotte-based real estate investment firm White Point and the Liles family have announced plans to recapitalize Gibson Mill, a 653,000-square-foot adaptive reuse development located in Concord, a northeast suburb of Charlotte. White Point acquired a significant stake in the property, buying out former co-owners Joe Liles and Tom Cotter, who purchased the former Cannon Mills property in 2004. George Liles will remain part of the new ownership group, along with his four sons. Established in 1899, Gibson Mill sits on 33 acres and includes a food hall, The Depot Antique Mall, two craft breweries, restaurants and a classic car showroom, as well as office and warehouse space.
As we wrap up April, Columbia’s retail market is growing in two distinct directions. Out in Lexington County and the northeast Richland County, new retail-anchored mixed-use projects are stepping up to meet the demands of a booming housing market. At the same time, downtown is getting a major facelift as new infill developments reshape the city center. Historically, Columbia has always had a reputation as a steady, reliable market — thanks to our major hospital systems, state government, universities and Fort Jackson. But that steady market is officially evolving. Between tightening vacancy rates and the massive wave of economic confidence brought on by the Scout Motors plant, Columbia has moved beyond just being a “safe bet” and is quickly emerging as a highly competitive powerhouse in the Southeast. Suburban powerhouse Platt Springs Crossing (South Lexington/Red Bank): A centerpiece of this growth is Platt Springs Crossing, a $65 million, 57-acre mixed-use development at the intersection of Platt Springs and Old Orangeburg roads, has seen overwhelming interest from national brands. • Anchor success: Lowes Foods opened its 51,000-square-foot store in late 2025, serving as a massive traffic driver. • Tenant velocity: Confirmed regional and national tenants include Chipotle Mexican Grill, Panda Express, …
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