Southeast

Joint Venture Delivers 686,400 SF Speculative Industrial Park in Buford, Georgia

by Abby Cox September 11, 2026

BUFORD, GA. — A joint venture between Trammell Crow Co. and a consortium led by CBRE Japan has delivered Buford Creek Business Center, a three-building, 686,400-square-foot speculative industrial park located in Buford, a northeast suburb of Atlanta in Gwinnett County. Building 100 at Buford Creek Business Center is a 349,440-square-foot cross-dock warehouse with 40-foot clear heights and 64 trailer parking spaces. Buildings 200 and 300, which are both rear-load buildings, each total 168,400 square feet and include 36-foot clear heights with 40 and 24 trailer parking spots, respectively. Todd Barton, Mark Hawks, Joanna Blaesing and Matt Higgins of CBRE are leasing the project on behalf of ownership. The project team included architect Atlas Collaborative and general contractor The Conlan Co.

September 11, 2026

Alabama Development Industrial Southeast

Pattillo Breaks Ground on 262,880 SF Industrial Facility in Huntsville

by Abby Cox September 11, 2026

HUNTSVILLE, ALA. — Pattillo Industrial Real Estate has broken ground on Greenbrier Commerce Center, a new 262,880-square-foot industrial development in Huntsville. The Atlanta-based development firm plans to deliver the facility in August 2027. Tripp Alexander, Joe Azar and Miller Conaway of Colliers will lead leasing and marketing efforts for the development. Situated near the Port of Huntsville, Greenbrier Commerce Center will be able to accommodate single or multiple users, with spaces ranging in size from 50,000 to 262,880 square feet. Upon completion, the facility will feature 32-foot clear heights, 46 dock-high doors, two drive-in doors, 156 car parking spaces and 65 off-dock trailer spaces, along with ESFR fire protection, clerestory windows and concrete tilt-panel construction. The development will also provide an adjacent build-to-suit site of up to 254,200 square feet. Planned to be pad-ready in 2027 as part of the initial development, the site will offer users the flexibility to accommodate future expansion or pursue a facility tailored to their specific operational requirements.

September 11, 2026

Florida Leasing Activity Office Southeast

Blanca Signs 117,764 SF of Office Leases at Waterford Business District in Miami

by Abby Cox September 11, 2026

MIAMI — Blanca Commercial Real Estate has signed 15 leases at Waterford Business District, a 250-acre office campus located adjacent to Miami International Airport. Totaling 117,764 square feet, the transactions include 47,851 square feet of new leases and 69,913 square feet of renewals with tenants across a mix of industries such as life sciences, logistics, insurance, maritime, hospitality, professional services and international business operations. New leases at Waterford Business District include Greenvine Insurance (26,014 square feet); Megalabs USA (9,703 square feet); Fresh Dining Concepts (7,944 square); KOTUG Americas (2,673 square feet); and RPL International Group (1,517 square feet). Recent lease renewals include Regus (24,181 square feet); Estee Lauder Travel Retail Services (10,276 square feet); Victor, Shaw & McCue (8,475 square feet); Ultragenyx Pharmaceutical (6,897 square feet); Yamaha Motor Distribution LATAM (5,673 square feet); Globant LLC (3,826 square feet); Jamaica Tourist Board (3,664 square feet); First American Services (2,984 square feet); Rolls-Royce Solutions (2,489 square feet); and CargoBot (1,448 square feet). The tenant reps for these deals included CBRE, State Street Realty, Blanca Commercial Real Estate, Lokation Real Estate, Cresa, JLL, Newmark, Cushman & Wakefield, Vitalis Properties, Easton & Associates, Colliers and Brickss Real Estate Co. A joint venture between Nuveen Real …

September 11, 2026

Development Retail Southeast Virginia

Nordstrom Rack to Open 30,000 SF Store at Westpark Shopping Center in Metro Richmond

by Abby Cox September 11, 2026

GLEN ALLEN, VA. — Nordstrom Inc. will open a new 30,000-square-foot Nordstrom Rack store at Westpark Shopping Center, a 179,973-square-foot retail power center located at 9645 Broad St. in Glen Allen, a northern Richmond suburb in Henrico County. The new store will backfill the former Painted Tree Boutiques store at the center. Other tenants at Westpark include Planet Fitness, Chicken Salad Chick, GolfTec, The Tile Shop and Crumbl Cookie. James Ashby IV and Annie O’Connor Brosius of Cushman & Wakefield | Thalhimer handled the lease negotiations on behalf of the landlord, InvenTrust Properties, an Illinois-based real estate investment trust (REIT) that purchased the property in 2015.

September 11, 2026

Development Florida Loans Mixed-Use Southeast

Pebb Capital Obtains $223M Loan for Refinancing of Sundy Village in Delray Beach, Florida

by John Nelson September 10, 2026

DELRAY BEACH, FLA. — Pebb Capital has received a $223 million loan for the refinancing of Sundy Village, a seven-acre mixed-use campus under development in downtown Delray Beach, a coastal city in South Florida’s Palm Beach County. J.P. Morgan and Hudson Bay Capital provided construction financing for Phase II, replacing the project’s existing construction loan while providing additional capital for tenant improvements. J.P. Morgan also provided the original construction financing for Phase I of the project, along with Monroe Capital. Sean Reimer, Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz and Dustin Stolly of Walker & Dunlop arranged the financing. Phase I of Sundy Village comprises 100,000 square feet of office space, 30,000 square feet of shops and restaurants, indoor-outdoor gathering spaces and 268 parking spaces. Tenants include Vertical Bridge, Industrious, Barcelona Wine Bar, Van Leeuwen Ice Cream, Double Knot, Drinking Pig BBQ, Maman, Dragonfly MRI, JTC and Fairstead Development, among others. Phase II will add a 79,141-square-foot, standalone office building, a 165-space parking garage and 3,400 square feet of ground-floor retail space.

September 10, 2026

Development Hospitality Mixed-Use North Carolina Southeast

Spandrel, 7G Group to Add W Hotel as Anchor for Uptown Charlotte Tower Redevelopment

by John Nelson September 10, 2026

CHARLOTTE, N.C. — A partnership between Spandrel Development Partners and 7G Group has announced plans to add a 200-room W Hotel to 400 South Tryon, a redevelopment of a 1970s-era office tower in Uptown Charlotte. The new hotel will be situated on the first nine floors of the tower, along with an 18,000-square-foot rooftop bar on the 34th floor. Other components of the tower include 399 unbranded apartments, residential amenities and an existing 517-space parking garage. The W Charlotte will offer 173 guest rooms, 27 suites (including a penthouse), 12,000 square feet of meeting space, a ground-floor restaurant and coffee bar and a ballroom with pre-function space. The design-build team for the new hotel includes Rockwell Group, LS3P and CetraRuddy. The timeline for the hotel’s opening was not released.

September 10, 2026

Development Southeast Student Housing Tennessee

RISE, University of Tennessee Complete 1,024-Bed Residence Hall

by John Nelson September 10, 2026

KNOXVILLE, TENN. — A public-private partnership between RISE: A Real Estate Co. and the University of Tennessee has completed Torchbearer Hall, a 1,024-bed residence hall development on the institution’s campus in Knoxville. The project is Phase II of a larger development plan that has delivered 3,000 beds to date. The property features a centralized hub with reception areas, staff offices, community kitchens and lounges. Additional shared amenities include study rooms, multipurpose spaces, resident gathering areas and laundry facilities. The development team for Torchbearer Hall included Niles Bolton Associates, Cope Architecture, Blaine Construction, Brailsford & Dunlavey, RBC Capital Markets and Provident Resources Group.

September 10, 2026

Loans Mississippi Multifamily Southeast

Northmarq Provides Agency Loan for 261-Unit Apartment Community in Jackson

by John Nelson September 10, 2026

JACKSON, MISS. — Northmarq has provided a Fannie Mae loan for the permanent financing of The District Lofts, a six-story, 261-unit apartment community located at 120 District Blvd. E in Jackson. Chimnay Bhatt, Cody Kirkpatrick, Noam Franklin and Brian Fisher of Northmarq originated the five-year, fixed-rate loan on behalf of the borrower, NorthRock Cos. The loan amount was not disclosed. Built in 2017 within The District at Eastover mixed-use development, The District Lofts features mix of studio, one- and two-bedroom apartments, as well as an elevated saltwater pool, two outdoor kitchens, fitness studio and valet trash removal service.

September 10, 2026

Acquisitions Hospitality South Carolina Southeast

Procaccianti, Rugger Capital Acquire 217-Room Charleston Harbor Resort

by John Nelson September 9, 2026

MOUNT PLEASANT, S.C. — A joint venture between Procaccianti Cos. and Rugger Capital has acquired Charleston Harbor Resort, a 217-room hotel on Cooper River and Charleston Harbor in Mount Pleasant. The new ownership has tapped TPG Hotels & Resorts to operate the property and is considering a value-add program to boost revenue at the waterfront hotel. Additionally, Suntex Marina Investors purchased the adjacent Charleston Harbor Marina, which has more than 450 slips that can accommodate vessels ranging from recreational cruisers to superyachts. Suntex will operate the marina separately from Charleston Harbor Resort. Cincinnati-based American Financial Group sold both properties for a combined $182.5 million, according to The Post and Courier.

September 9, 2026

Development Florida Hospitality Loans Southeast

IPA Arranges $75.1M Recapitalization for Monroe Hotel in Miami Beach

by John Nelson September 9, 2026

MIAMI BEACH, FLA. — IPA Capital Markets, a division of Marcus & Millichap, has arranged the $75.1 million recapitalization of The Monroe Hotel, an 89-room luxury boutique hotel underway in Miami Beach. Situated in the city’s Faena District, the property is a $125.5 million redevelopment of 3010 Collins Ave. and is slated to open in 2027. The property will include a full-service restaurant and bar, rooftop bar and event venue, in-house recording studio, pool with outdoor dining space, spa, fitness center and private beach service provided by Boucher Brothers. The recapitalization included $44 million in C-PACE financing from Nuveen Green Capital, $24.8 million in construction debt from City National Bank, $6.3 million in bridge financing from Midland States Bank and historic tax credit equity financing from PNC Bank. Bobby Werhane and Scott Raasch of IPA Capital Markets arranged the financing package for the undisclosed borrower.

September 9, 2026

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