Southeast

Cushman & Wakefield Brokers $81M Sale of South Florida Industrial Portfolio

by John Nelson March 19, 2026

LAUDERDALE LAKES AND LAUDERHILL, FLA. — Cushman & Wakefield has brokered the $81 million sale of an industrial portfolio in South Florida’s Broward County. The portfolio comprises multiple warehouses branded “Elevate Broward” with suites ranging in size from 1,000 to 10,000 square feet. Dominic Montazemi, Mike Davis, Greg Miller, Rick Brugge and Rick Colon of Cushman & Wakefield represented the seller, Harbert Management Corp., in the transaction. The buyer was NorthBridge Partners. The portfolio comprises eight buildings at 3435-3699 N.W. 19th St. in Lauderdale Lakes and three buildings at 3311 and 1842-1896 N.W. 38th Ave. in Lauderhill. The assets were built between 1979 and 1984 and were leased to more than 100 tenants at the time of sale. Prior to the sale, Harbert Management and operator Last Mile Holdings executed a $2.4 million capital improvement plan for the Elevate Broward portfolio.

March 19, 2026

Acquisitions Georgia Industrial Office Southeast

Partners Capital Acquires 261,949 SF Powers Ferry Business Park in Atlanta

by John Nelson March 19, 2026

ATLANTA — Partners Capital, the investment arm of Houston-based Partners Real Estate, has acquired Powers Ferry Business Park, a five-building flex park in Atlanta’s Cumberland-Galleria submarket. Built in 1982, the 261,949-square-foot campus sits on 26 acres within two miles of Battery Atlanta and Truist Park, home of the Atlanta Braves. Partners Capital purchased Powers Ferry Business Park through Opportunity Fund VI, its newly launched investment vehicle. The seller and sales price were not disclosed, but the Atlanta Business Chronicle reports the property traded for $46.1 million in an off-market transaction. The park was 91 percent leased at the time of sale to 36 tenants. Partners Capital plans to make capital improvements to Powers Ferry Business Park over the course of its ownership.

March 19, 2026

Florida Loans Office Southeast

JLL Arranges $24.7M Refinancing for Office Building in Coral Gables, Florida

by John Nelson March 19, 2026

CORAL GABLES, FLA. — JLL has arranged a $24.7 million loan for the refinancing of 2000 Ponce, a 109,745-square-foot office building in Coral Gables, about five miles west of Miami. Jesse Wright, Matt McCormack, Joshua Odessky and Patrick Salata of JLL arranged the five-year loan through Crestline Investors on behalf of the borrower, Westside Capital Group, a private equity firm that purchased the property in 2022. 2000 Ponce features ground-level retail space leased to tenants including Bachour Marketplace, D’Cassa and Zativa Life Health and Wellness Spa. Office tenants include Westside Capital Group and Hejl Foundation. The property also includes a 105-space parking garage.

March 19, 2026

Development North Carolina Seniors Housing Southeast

Singh Development Delivers 95-Unit Luxury Seniors Housing Community in North Raleigh

by John Nelson March 19, 2026

RALEIGH, N.C. — Michigan-based Singh Development has completed Waltonwood Lead Mine, a 95-unit luxury seniors housing community located at 4510 Lead Mine Road in north Raleigh. Cline designed the property, which features assisted living and memory care residences. The community has the capacity for up to 100 residents and will be operated under Singh’s Waltonwood Senior Living brand. Amenities include a movie theater with a popcorn bar, restaurant-style dining room, bistro and a coffee nook. The project team also included Choate Construction, Lighthouse Engineering and structural engineer Hauser and Creech.

March 19, 2026

Acquisitions Maryland Retail Southeast

Federal Realty Acquires Shopping Center in Rockville, Maryland for $72.3M

by John Nelson March 18, 2026

ROCKVILLE, MD. — Federal Realty Investment Trust, a retail REIT based in North Bethesda, Md., has acquired Congressional North Shopping Center, a 176,000-square-foot shopping center in Rockville, for $72.3 million. The seller was not disclosed. Aldi anchors the center, which spans 12 acres and sits approximately 12 miles northwest of Washington, D.C. Additional tenants include RH Outlet, Petco and Staples. Within Montgomery County, Md., Federal Realty also owns Congressional Plaza, which is adjacent to Congressional North, as well as Federal Plaza, Montrose Crossing and Pike & Rose.

March 18, 2026

Acquisitions Industrial Loans South Carolina Southeast

Longleaf Capital Obtains Acquisition Loan for Industrial Property in Spartanburg, South Carolina

by John Nelson March 18, 2026

SPARTANBURG, S.C. — Nashville-based Longleaf Capital Partners has obtained an undisclosed amount of acquisition financing for 185 Littlejohn Street, a two-building industrial property in Spartanburg. The 247,000-square-foot property sits on 24.1 acres in close proximity to interstates 26 and 85, as well as Inland Port Greer and BMW’s U.S. manufacturing headquarters. Patterson Real Estate Advisory Group arranged the senior loan through Georgia Banking Co. Longleaf plans to overhaul the property’s building systems, address deferred maintenance and market the 114,000 square feet of available Class B space to prospective tenants.

March 18, 2026

Acquisitions Multifamily Southeast Tennessee

IPA Brokers Sale of 192-Unit Apartment Community in Metro Nashville

by John Nelson March 18, 2026

THOMPSON’S STATION, TENN. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the sale of Newport Station, a 192-unit apartment community located on a 13-acre site in Thompson’s Station, a southern suburb of Nashville. David Stollenwerk, Christian Farris, Will Balthrope and Drew Garza of IPA represented the seller and procured the buyer in the transaction. The sales price was also not disclosed. Jody McKibben served as Marcus & Millichap’s broker of record in Tennessee in the deal. Completed in 2024, Newport Station features garden-style apartments averaging 1,287 square feet in size, as well as a resort-style swimming pool, fitness center and a dog park.

March 18, 2026

Acquisitions Georgia Office Southeast

Onward Takes Ownership of 306,000 SF Office Property in Alpharetta

by John Nelson March 18, 2026

ALPHARETTA, GA. — Onward Investors, an alternative investment firm based in Minneapolis, has recently taken ownership of a 306,000-square-foot office property in Alpharetta, a northern suburb of Atlanta. The buildings include 800 and 900 North Point Parkway, which sit north of the Ga. Highway 400 and Old Milton Parkway interchange. Onward Investors acquired the senior loan secured by the property last October. 800 and 900 North Point Parkway were 45 percent leased at the time of sale and include a recently reimagined courtyard, tenant lounge and conference center.

March 18, 2026

Development Florida Hospitality Loans Southeast

Peachtree Group Originates $103M Loan for Hilton Miami Beach Convention Center Hotel

by John Nelson March 17, 2026

MIAMI BEACH, FLA. — Atlanta-based Peachtree Group has originated a $103 million bridge loan for the recapitalization and completion of the 289-room Hilton Miami Beach Convention Center Hotel. The development team behind the hotel was not released. The property is a redevelopment of the historic Collins Park Hotel, which is designated by the City of Miami Beach Historic Preservation Board. The hotel is set for completion in May and will sit steps from the Miami Beach Convention Center and two blocks from the Atlantic Ocean. According to the property website, the hotel will offer complimentary Wi-Fi, an onsite concierge, restaurant, bar, outdoor swimming pool and a fitness center. Also adjacent to Miami Beach Convention Center is Grand Hyatt Miami Beach, a 17-story hotel by Terra and Turnberry that will span 800 rooms upon completion.

March 17, 2026

Development Georgia Mixed-Use Multifamily Southeast

Toro Breaks Ground on 301-Unit Apartment Community at Cumming City Center in Metro Atlanta

by John Nelson March 17, 2026

CUMMING, GA. — Toro Development Co. has broken ground on Overlook, a 301-unit apartment community situated within Cumming City Center, a 75-acre mixed-use district in the northeast Atlanta suburb of Cumming. Overlook will complement the other components of Cumming City Center, which will include an amphitheater, shops, restaurants, walking trails, green space and a new municipal building. Community amenities at Overlook will include a resort-style pool, fitness center, courtyards, sky lounge, micro-offices and a dog park. First units are set to deliver in 2027, according to Toro Development.

March 17, 2026

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