Southeast

JLL Arranges $55.8M Sale of Industrial Portfolio in Louisville

by Abby Cox January 30, 2026

LOUISVILLE, KY. — JLL Capital Markets has arranged the $55.8 million sale of a two-building, 390,000-square-foot industrial portfolio situated within the Blankenbaker Station Business Park in eastern Louisville. Ed Halaburt, Ross Bratcher, John Huguenard, Sean Devaney, Kurt Sarbaugh and Will McCormack of JLL represented the sellers, Washington Capital Management and Roebling Development, in the transaction. EQT Real Estate was the buyer. The first building serves as Packsize International’s Innovation Center, which spans 240,000 square feet and features specialized manufacturing capabilities, including two production lines supported by 3.3-ton cranes and office space. The second building, which totals 150,000 square feet, houses a same-day delivery facility for Packsize — one of roughly 50 locations across North America. The facility features full air conditioning, seven box-in-box coolers to support grocery operations and robotics systems for automated sortation and fulfillment processes. Both buildings have 32-foot clear heights, fully circulating truck courts, ample trailer parking and rear-loading configurations.

January 30, 2026

Acquisitions Maryland Retail Southeast

CBRE Negotiates Sale of 293,099 SF Bowie Town Center in Maryland

by Abby Cox January 30, 2026

BOWIE, MD. — CBRE has negotiated the sale of Bowie Town Center, a 293,099-square-foot lifestyle center in Prince George County, bordering the eastern portion of Washington, D.C. A partnership between Nile Equity Group and Community Real Estate Co. purchased the property for an undisclosed price. Ryan Sciullo, Chris Munley, Colin Behr, Casey Smith and R.J. Mirabile of CBRE’s National Retail Partners Mid-Atlantic team represented the undisclosed seller in the transaction. Bowie Town Center was 86 percent leased at the time of sale to tenants including Bath & Body Works, Barnes & Noble, LA Fitness, Foot Locker, Famous Footwear, Lane Bryant, Macy’s, Pandora and Starbuck’s Coffee, among others.

January 30, 2026

Acquisitions Florida Multifamily Southeast

CP Capital Sells 277-Unit NOVEL Independence Park Apartments in Tampa

by Abby Cox January 30, 2026

TAMPA, FLA. — CP Capital has sold NOVEL Independence Park, a 277-unit apartment community situated within Independence Park, a 44-acre mixed-use project in Tampa’s Westshore Business District. The buyer and sales price were not disclosed. Completed in 2024, the apartment complex consists of three five-story buildings that offer studio to three-bedroom floorplans. Amenities include a fitness center, resort-style saltwater swimming pool, sky deck, pickleball court, coworking space and a dog park. NOVEL Independence Park was developed as a joint venture between CP Capital and Charlotte-based Crescent Communities. Additionally, CP Capital has eight properties in active lease-up in Southeast markets such as Atlanta, Charleston, Nashville, Orlando and Washington, D.C.

January 30, 2026

Leasing Activity North Carolina Office Southeast

K&L Gates Relocates Research Triangle Park Office to Horseshoe at Hub RTP

by Abby Cox January 30, 2026

DURHAM, N.C. — Global law firm K&L Gates LLP has relocated its newest Durham office in Research Triangle Park to Horseshoe at Hub RTP, a 157,500-square-foot mixed-use development located at 3151 Elion Drive. In late 2026, the firm will move into a 20,000-square-foot office on the fourth floor at Horseshoe. Don Shupe of CBRE represented K&L Gates, while Patti Autry and Hillman Duncan of JLL represented the landlord, Charlotte-based White Point Partners, in the lease negotiations. Horseshoe at Hub, which serves at the central gathering point for the 100-acre Hub RTP development, features a five-story office building with two single-story retail/restaurant pavilions, along with 16 acres of greenspace and trails. Horseshoe currently has 78,000 square feet of office space and 10,000 square feet of retail space available for lease.

January 30, 2026

Development Georgia Mixed-Use Restaurant Retail Southeast Top Stories

CP Group Unveils Plans for Mixed-Use Redevelopment of Piedmont Center Office Campus in Atlanta’s Buckhead District

by Abby Cox January 30, 2026

ATLANTA — CP Group, an office owner and developer based in Boca Raton, Fla., has unveiled plans to redevelop Piedmont Center, a 2.2 million-square-foot office campus located off Piedmont Road in Atlanta’s Buckhead district. The firm acquired the property in June for $200 million, after the former owner, Ardent Cos., defaulted on its loan tied to Piedmont Center from Morgan Stanley. CP Group is expected to begin its overhaul of the 14-building property this year. “We’re not just updating an office park; we’re building a destination,” says Chris Eachus, founding partner of CP Group. “Piedmont Center is a perfect example of the high-value assets we target. The combination of this prime location and our reimagined master plan has already sparked immediate interest and strong leasing results.” The project team includes Atlanta-based architecture and design firms Smallwood and ASD|SKY, as well as Bethesda, Md.-based real estate consulting firm Of Place. One of the primary transformations planned for the redevelopment is a new street-level strip on Piedmont Road that is expected to include at least six restaurant concepts and various retail offerings. In the meantime, Piedmont Center has already opened LiveWire Coffee in Building 6 and has curated food truck programming options throughout …

January 30, 2026

Data Centers Development Industrial North Carolina Southeast

Corning to Develop Manufacturing Facility in Hickory, North Carolina as Part of $6B Meta Deal

by John Nelson January 29, 2026

HICKORY, N.C. — Corning Inc. has announced plans to develop a new optical cable manufacturing facility in Hickory, about 58 miles northwest of Charlotte. The new plant is part of the New York-based tech manufacturing firm’s multi-year, up to $6 billion agreement with Meta Platforms Inc., the parent company of Facebook and Instagram. Meta will serve as the anchor client of the manufacturing facility. The agreement will help accelerate the build-out of advanced data centers to support Meta’s various apps and technologies, including its Llama AI platform. Under the agreement, Corning will supply Meta with “its newest innovations in optical fiber, cable and connectivity solutions.” The new factory and increased investment in Corning’s existing North Carolina footprint are expected to create 5,000 new jobs, including scientists, engineers and production teams. The initiative is expected to increase Corning’s employment in North Carolina by 15 to 20 percent. Back in October, Corning acquired 32.9 acres in Trivium Corporate Center, a 378-acre business park in Hickory, and agreed to invest $170 million to $267.9 million and create 132 jobs at the park.

January 29, 2026

Acquisitions Florida Mixed-Use Southeast

Joint Venture Acquires Design 41 Mixed-Use Building in Miami for $72.5M

by John Nelson January 29, 2026

MIAMI — A joint venture between Pebb Capital, Wharton Properties, Lane Capital Partners and Sabal Investment Holdings has purchased Design 41, a seven-story mixed-use building located at 112 N.E. 41st St. in Miami’s Design District. The partnership purchased the property from the privately held Norton family for $72.5 million. Tony Arellano and Devlin Marinoff of DWNTWN Realty Advisors brokered the deal, and 26North provided an undisclosed amount of acquisition financing. Design 41 comprises 40,000 square feet of Class A offices leased to financial firms, family offices, Foster + Partners and Bosch Appliances, which uses upper-level offices for its showroom. The property also features 10,000 square feet of ground-floor retail and showroom space leased to Missoni, Bond No. 9 and Breitling, as well as a 64-space parking garage and open-air terraces. Design 41 was fully leased at the time of sale.

January 29, 2026

Acquisitions Alabama Industrial Southeast

Coro Realty Purchases 239,370 SF Industrial Property in Birmingham

by John Nelson January 29, 2026

BIRMINGHAM, ALA. — Coro Realty has acquired a 239,370-square-foot industrial facility located at 3501 1st Ave. N in Birmingham’s Eastside submarket. Tripp Alexander and Will Canary of Colliers represented Coro Realty in the $13.8 million transaction. Jake Viverette and Will Redding with The Overton Group, along with Edwin Moss and Benjamin Bottcher of JH Berry, represented the undisclosed seller. Bobby Norwood of JLL arranged an undisclosed amount of acquisition financing on behalf of Coro Realty via Seacoast Bank. Originally built in 1965, the property was fully leased at the time of sale to tenants including the U.S. Postal Service, Division 7 Supply and Sara Sells. The infill facility is situated on a nine-acre site near downtown Birmingham and I-20 and features 20 dock-high doors, LED lighting and a rail spur with potential connectivity to an active Norfolk Southern line.

January 29, 2026

Development Industrial North Carolina Southeast

Partnership Breaks Ground on 194,232 SF Industrial Facility in Charlotte

by John Nelson January 29, 2026

CHARLOTTE, N.C. — A partnership between Iconic Equities, Shoreline Capital, Overlook Ventures and LaSalle Investment Management has broken ground on Pineville Distribution Center, a 194,232-square-foot industrial facility in Charlotte’s Southwest submarket. The property is located on 15 acres at 10203 Pineville Distribution St. The ownership has tapped Bradley Dunn and Bill Wood of Trinity Partners to lease Pineville Distribution Center. The co-developers plan to deliver the facility in mid-to-late 2026. Physical features of the project were not released.

January 29, 2026

Development Indiana Industrial Midwest North Carolina Southeast Top Stories

John Deere to Open Two New Industrial Facilities in Indiana, North Carolina

by Hayden Spiess January 29, 2026

HEBRON, IND. AND KERNERSVILLE, N.C. — Agricultural and construction machinery company John Deere (NYSE: DE) plans to open two new industrial facilities in the United States. The developments include a distribution center near Hebron, Ind., and a manufacturing campus in Kernersville, N.C. John Deere recently broke ground on the 234-acre Indiana facility, which is designed to streamline operations and ensure timely delivery of equipment and parts. John Deere plans to invest $125 million to equip and development the 1.2 million-square-foot project, which is situated just off I-65. According to the company, the project is expected to create roughly 150 jobs in the state. John Deere also operates its primary North American parts distribution center in the Midwest region in Milan, Ill. That facility has been in operation since 1973 and employs roughly 1,200 people. In Kernersville, a new $70 million manufacturing center will produce excavators for the construction market, assuming production activity that was previously conducted in Japan. The campus total approximately 400,000 square feet and will employ more than 150 people. “We are excited to bring this new facility to our Kernersville campus and to be part of the region’s thriving manufacturing community,” said Ryan Campbell, president of worldwide …

January 29, 2026

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