Southeast

BWE Brokers $349.9M Sale of Independent Living Portfolio in North Carolina

by Abby Cox October 23, 2026

APEX, RALEIGH AND WILMINGTON, N.C. — BWE Investment Sales has brokered the $349.9 million sale of the Cambridge Village Portfolio, a three-property independent living portfolio in Apex, Raleigh and Wilmington. The portfolio comprises Cambridge Village of Apex, a 219-unit community in Apex; The Cambridge at Brier Creek, a 195-unit community in Raleigh; and Cambridge Village of Wilmington, a 222-unit community in Wilmington. In addition, the acquisition includes entitled land parcels adjacent to the Apex and Brier Creek communities. Miami Beach, Fla.-based Starwood Capital Group purchased Cambridge Village of Apex and The Cambridge at Brier Creek senior living communities for a combined $209 million, according to the Triangle Business Journal. The firm also acquired Cambridge Village of Wilmington for $140.9 million. Oliver Development built the three communities, which were constructed between 2010 and 2022 and are operated by Cambridge Village Senior Living. Each campus features resort-style amenities including fitness centers with instructor-led programming, heated indoor pools, a full-service salon and spa, restaurant-style dining, movie theaters, libraries and landscaped outdoor gathering areas.

October 23, 2026

Development Georgia Industrial Southeast

Blue Bird to Invest $300M in Fort Valley, Georgia, Develop 1 MSF Manufacturing Facility

by Abby Cox October 23, 2026

FORT VALLEY, GA. — Blue Bird Corp., an American manufacturer of school buses and alternative-fuel student transportation, plans to invest an estimated $300 million to expand its manufacturing operations in Fort Valley, about 27 miles southwest of Macon, Ga. The new 1 million-square-foot facility is expected to create 375 new jobs over the next three years. Blue Bird will convert a former manufacturing site for diesel-powered motorhomes located at 401 Wanderlodge Way into a new facility to build buses of all powertrains. The facility will produce Type C school buses — i.e. the classic, “conventional” yellow school buses — which will include diesel, gasoline, propane and electric-powered models. Construction is expected to begin in the first quarter of 2027. Civic support for Blue Bird’s investment includes the Development Authority of Peach County, Georgia Quick Start and the Georgia Department of Economic Development’s (GDEcD) Global Commerce team.

October 23, 2026

Acquisitions Florida Industrial Southeast

SRS Arranges $133M Sale of Central Florida Industrial Property Occupied by Sherwin-Williams

by Abby Cox October 23, 2026

WINTER HAVEN, FLA. — SRS Real Estate Partners has arranged the $133 million sale of a 685,000-square-foot, single-tenant industrial property in Winter Haven occupied by Sherwin-Willaims. Situated on nearly 40 acres about 46 miles south of Orlando, the property serves as a major distribution center for Sherwin-Williams, which operates on a corporate-guaranteed triple-net lease with a new long-term extension option. Sherwin-Williams uses the property for the storage and distribution of paint and related products. John Redfield of SRS represented the seller, a New Jersey-based private owner. Matthew Mousavi and Patrick Luther, also with SRS, represented the buyer, an East Coast-based, family-owned company with interests in real estate and agriculture. Both parties requested anonymity. SRS also managed the multi-loan financing strategy for the property. Originally constructed in 1992, the industrial property underwent a significant expansion this year, adding new buildings and office space to enhance the facility’s operational capacity.

October 23, 2026

Acquisitions Industrial South Carolina Southeast

Insite Properties Acquires Four-Building Flex Portfolio in Greenville, South Carolina

by Abby Cox October 23, 2026

GREENVILLE, S.C. — Insite Properties has acquired Pelham @ Hyland, a four-building small bay/flex portfolio located along the I-85 corridor in Greenville. Trinity Partners represented the undisclosed buyer, while BWE’s Charlotte office supported the buyer for capital sourcing. CBRE represented the undisclosed seller in the transaction. The sales price was also not disclosed. Trinity Partners will handle leasing for the property, and Insite will provide property management services. Insite is planning a capital improvement program for the 120,000-square-foot property, which includes parking lot and landscaping upgrades, new signage and branding, additional dock and roll-up doors and the addition of spec suites.

October 23, 2026

Acquisitions Company News Midwest New York Northeast Retail Southeast Texas Top Stories Western

PSP Investments, Nuveen Launch $790M Grocery-Anchored Retail Joint Venture

by Abby Cox October 23, 2026

MONTREAL AND NEW YORK CITY — The Public Sector Pension Investment Board (PSP Investments), a pension fund investor based in Montreal, and Nuveen Real Estate, one of the largest investment managers in the world, have launched a joint venture with an initial investment of $790 million to acquire open-air shopping centers across the United States. To date, PSP and Nuveen have closed on 3 million square feet across 19 assets in Arizona, California, Colorado, Florida, Minnesota, Texas, Virginia and Washington. The investment strategy is demographically driven, focusing on open-air shopping centers anchored by market or category dominant grocers, necessity-based retailers and essential services that demonstrate “durable performance and resilient foot traffic,” according to the press release. In particular, the joint venture targets U.S. metro areas with strong population growth, rising household incomes and high barriers to entry, where well-capitalized retailers are actively seeking to expand. “Necessity-based retail has demonstrated remarkable resilience through various cycles, underpinned by consistent consumer demand for essential goods and services,” says Brian Wallick, portfolio manager of U.S. cities retail strategy at Nuveen Real Estate. “We’re confident this combination of scale, relationships and local execution positions us strongly in one of the most stable and defensive segments …

October 23, 2026

Acquisitions Florida Office Southeast

JLL Arranges $64M Sale of Office Park in Boca Raton, Florida

by John Nelson October 22, 2026

BOCA RATON, FLA. — JLL has arranged the $64 million sale of North 40, a 354,376-square-foot office park in Boca Raton. Related Ross purchased the two-building office campus from Mainstreet Capital Partners and Partners Group. Hermen Rodriguez, Matt McCormack, Ike Ojala, Patrick Salata, Blake Koletic and Hunter Smith of JLL represented the sellers in the transaction. Situated on 23.1 acres near I-95 and a Tri-Rail commuter station, North 40 was 74 percent leased at the time of sale. The property was originally delivered in the mid-1980s and was last renovated in 2025. Earlier this year, Related Ross also purchased Boca Raton Innovation Campus, a nearby office and research-and-development campus spanning 1.7 million square feet.

October 22, 2026

Acquisitions Retail Southeast Virginia

Ziff Real Estate Partners Sells Trader Joe’s-Anchored Shopping Center in Richmond for $41.3M

by John Nelson October 22, 2026

RICHMOND, VA. — Mt. Pleasant, S.C.-based Ziff Real Estate Partners has sold Stony Point Village, a 112,238-square-foot shopping center located at 3000-3002 Stony Point Road in Richmond’s Bon Air neighborhood. Charlotte-based Asana Partners purchased the center for nearly $41.3 million. Trader Joe’s anchors Stony Point Village, which also houses Sephora, Virginia ABC and Planet Fitness. Ziff Real Estate Partners purchased the shopping center in 2019 when it was 47 percent occupied.

October 22, 2026

Acquisitions North Carolina Office Southeast

CBRE Brokers Sale of 19-Story Office Tower in Greensboro, North Carolina

by John Nelson October 22, 2026

GREENSBORO, N.C. — CBRE has brokered the sale of Renaissance Plaza, a 19-story office tower located at 230 N. Elm St. in downtown Greensboro. Appian Investments purchased the 287,464-square-foot building from Richardson Properties for $22 million. Patrick Gildea, Matt Smith and Greg Wilson of CBRE represented the seller in the transaction. Richardson Properties invested $4 million in renovations to the office tower in 2023. Built in 1990, Renaissance Plaza features a two-story atrium lobby, an attached six-level parking deck with 300 spaces, onsite café and offices with floor-to-ceiling windows. Tenants include Arch Mortgage Insurance, Brooks Pierce, Fox Rothschild, Schell Bray and RSM US.

October 22, 2026

Acquisitions Multifamily Southeast Virginia

Hamilton Zanze Sells 196-Unit Apartment Community in Virgina Beach

by John Nelson October 22, 2026

VIRGINIA BEACH, VA. — San Francisco-based Hamilton Zanze has sold Indigo 19, a 196-unit, garden-style apartment community located at 1940 Pavilion Drive in Virginia Beach. The buyer and sales price were not disclosed. Built in 2013, Indigo 19 features one-, two- and three-bedroom apartments averaging 931 square feet in size, as well as a resort-style pool, two-story clubhouse, business center and bicycle storage. Hamilton Zanze sponsored the acquisition of the property in 2020 and invested in exterior, interior and systems upgrades during its ownership period.

October 22, 2026

Acquisitions Georgia Industrial Southeast

Lincoln Property Co. Acquires 1.1 MSF Industrial Portfolio in Alpharetta, Georgia

by John Nelson October 20, 2026

ALPHARETTA, GA. — Lincoln Property Co. has acquired a 10-property industrial portfolio in Alpharetta, a northern suburb of Atlanta. The seller and sales price were not disclosed. The properties within the approximately 1.1 million-square-foot portfolio were built between 1995 and 2000 and feature 18- to 23-foot clear heights, truck courts and roughly 24 percent office finishes. The portfolio, which was fully leased at the time of sale to 21 tenants, represents the fourth acquisition for the Lincoln Logistics Fund II.

October 20, 2026

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