Georgia

Parts Town Unlimited Signs 538,450 SF Industrial Lease in Pendergrass, Georgia

by Abby Cox August 28, 2026

PENDERGRASS, GA. — Parts Town Unlimited has signed a 538,450-square-foot, full-building lease at Jackson 85 North Business Park in Pendergrass, about 57 miles northeast of Atlanta via I-85. The owner is a joint venture between affiliates Trammell Crow Co. (TCC) and CBRE Investment Management, which is acting as a landlord on behalf of a fund it manages. Parts Town Unlimited is a global parent company and distributor of original equipment manufacturer replacement parts for the food service, residential appliance and HVAC industries. The firm will move into Building One by the end of the year. The facility will be the company’s largest fulfillment center to date, according to TCC. Phase I of Jackson 85 North features two speculative warehouse buildings totaling more than 1.5 million square feet across 215 acres. Both cross-dock warehouses include 40-foot clear heights, 185-foot concrete truck courts, abundant trailer and car parking spaces, more than 290 dock door positions, four drive-in ramps and a 3,900-square-foot air-conditioned office area. The buildings also feature a roofing system that can accommodate future solar panels, ample electrical service and an ESFR fire protection system.

August 28, 2026

Development Georgia Multifamily Southeast

Woodfield to Develop 320-Unit Apartment Community in Brookhaven, Georgia

by John Nelson August 27, 2026

BROOKHAVEN, GA. — Woodfield Development plans to develop a new 320-unit apartment community located at 4170 Ashford Dunwoody Road NE in Brookhaven, a northeastern suburb of Atlanta in DeKalb County. The property will sit on five acres within Ashford Green, a mixed-use redevelopment by Vela Cos. that will features residences, offices, a hotel and restaurants. The site was recently rezoned from office to multifamily, and Woodfield plans to close on its land acquisition in second-quarter 2027. The unnamed apartment community will feature a mix of studio, one-, two- and three-bedroom floor plans, as well as a resort-style pool, clubhouse and coworking areas. The design-build team will include Dwell Design Studio (architect), PEC (civil engineer) and Spacecraft (landscape architect). The construction timeline was not released.

August 27, 2026

Civic Development Georgia Mixed-Use Retail Southeast

City of Alpharetta Approves North Point Mall Rezoning for Planned Hockey-Anchored Mixed-Use Village

by John Nelson August 26, 2026

ALPHARETTA, GA. — The Alpharetta City Council has approved the rezoning of North Point Mall, a shuttered 1.3 million-square-foot shopping mall that originally opened in 1993. The redevelopment is now zoned for the build-out of a mixed-use entertainment district that the development team hopes will attract a National Hockey League (NHL) team. The team behind the nearly 100-acre mixed-use district includes landowner New York Life Insurance Co., real estate development and placemaking firm Jamestown and specialty sports and entertainment development firm Machete Group. The design-build team includes HKS Architects and Kimley-Horn (civil engineer), and Jamestown will manage the overall development. Plans for the site include a 20,000-seat NHL-ready arena; 4,000-seat music hall and performing arts center; 2,000-seat community hockey rink; 1,100-seat movie theater; two hotels comprising up to 650 hotel rooms and a 35,000-square-foot conference center; approximately 565,000 square feet of retail and dining space; 750,000 square feet of offices; 1,385 multifamily units; and more than 20 acres of publicly accessible parks, plazas and multi-use trails. The development team says the project should support more than 13,000 construction jobs and 6,000 permanent jobs, as well as generate $2 billion in direct consumer spending. The redevelopment will be delivered in phases, …

August 26, 2026

Acquisitions Georgia Industrial Southeast

Alterra IOS Acquires Metro Atlanta Portfolio Totaling 32 Acres

by Abby Cox August 21, 2026

ATLANTA — Alterra IOS has acquired five industrial outdoor storage (IOS) properties totaling 146,700 square feet across 32 acres in metro Atlanta. Each site is located within industrial submarkets with access to major highways and transportation networks. The properties include: The industrial sites are occupied by a mix of tenants, including a national wholesale food distributor, a national truck rental and transportation services company and a regional equipment rental dealer. ONE Commercial Real Estate, Lee & Associates, King Industrial Realty Inc. and Cone Commercial Real Estate were the brokerages involved in these transactions. The sellers and sales price were not disclosed.

August 21, 2026

Development Georgia Industrial Loans Southeast

JLL Secures Financing for Industrial Development Underway Near Savannah Totaling $70.4M

by Abby Cox August 17, 2026

BLACK CREEK, GA. — JLL Capital Markets has secured $30.5 million in joint venture equity and $39.9 million in construction financing for Black Creek Commerce Center, a three-building industrial development underway in Black Creek, roughly 23 miles northwest of Savannah. Bobby Norwood, Mark Sixour, Britton Burdette, Jim Freeman, Kelsey Bawcombe and Austin Smith of JLL arranged the construction loan through Seacoast Bank on behalf of the developer, Xebec, and placed the joint venture equity with a unnamed, private investment group. Scheduled to deliver in the third quarter of 2027, the 687,890-square-foot development will include three rear-load buildings that feature 36-foot clear heights, 50-foot loading bays with 60-foot speed bays, 130-foot truck courts, ESFR fire suppression systems and TPO roofing. The site sits nearly seven miles from Hyundai’s $7.6 billion Metaplant America facility underway and 28 miles from the Port of Savannah’s Garden City Terminal. Xebec will continue to hold a right of first refusal on Phase II of the project, an adjacent 77-acre parcel, through April 2027.

August 17, 2026

Affordable Housing Development Georgia Southeast

Capstone Completes Construction of 201-Unit Affordable Housing Development in Atlanta

by Abby Cox August 17, 2026

ATLANTA — Capstone Building Corp. has completed the construction of Herndon Square Phase II, a $57 million affordable housing development located in Atlanta’s Westside neighborhood. The second phase of Herndon Square, which serves as a key component of the larger Legacy at Herndon Square redevelopment, rises six stories and spans 335,348 square feet. The building features 201 apartments in one-, two- and three-bedroom floorplans. Amenities include a resident lounge, fitness center, interior courtyard, playground, wellness clinic, enclosed parking deck, dog wash station and outdoor grilling and picnic areas. Along with Birmingham, Ala.-based general contractor Capstone Building Corp., the project team comprises Atlanta Housing, Hunt and Pennrose (developers), as well as Thriven Design (architect).

August 17, 2026

Acquisitions Development Georgia Retail Southeast

Colliers Negotiates Sale of 30,865 SF Retail Center in Statesboro, Georgia

by Abby Cox August 14, 2026

STATESBORO, GA. — Colliers has negotiated the sale of University Station, a newly constructed, 30,865-square-foot retail center located near the Georgia Southern University campus in Statesboro. The center was fully leased at the time of sale to tenants including QDOBA, Hotworx, Eyemart Express, Uptown Cheapskate, Blaze Pizza and Oconee State Bank, among others. The property is part of a larger development surrounding the university that includes a recently developed Publix-anchored shopping center, new student housing projects and additional residences. Henry Kushner, Ashley Smith and Tyler Mouchet of Colliers represented the undisclosed seller in the transaction. Last Mile Investments purchased the property for an undisclosed price.

August 14, 2026

Georgia Leasing Activity Mixed-Use Restaurant Southeast

Cheesecake Factory Signs Lease at Collection at Forsyth Mixed-Use Development in Metro Atlanta

by Abby Cox August 14, 2026

CUMMING, GA. — The Cheesecake Factory has signed a 6,500-square-foot lease at The Collection at Forsyth, a 565,000-square-foot mixed-use lifestyle center located in Cumming, a north Atlanta suburb in Forsyth County. The new restaurant opened on July 21 and has created more than 200 local jobs, according to the company’s press release. Sherri Wilson of Partners Real Estate represented the landlord, CTO Realty Growth Inc., in the lease negotiations. Other recent tenant additions at The Collection at Forsyth include Sephora, Warby Parky, Berkshire Hathaway HomeServices Georgia Properties, Kimley-Horn, Build-A-Bear Workshop, BODYROK, Rocket Fizz and The Picklr. Another new tenant coming soon is global lifestyle retailer Miniso, which is currently under construction and planning to open in September.

August 14, 2026

Acquisitions Georgia Industrial Southeast

Equus Acquires 569,132 SF Industrial Park in Cartersville, Georgia

by John Nelson August 11, 2026

CARTERSVILLE, GA. — An affiliate of Equus Capital Partners Ltd. has acquired Allatoona Business Center, a three-building, 569,132-square-foot industrial park in the northern Atlanta suburb of Cartersville. The acquisition was completed through a “programmatic joint venture.” Further details of the transaction were not released, including the identity of the seller. Delivered in 2024, Allatoona Business Center features 32-foot clear heights, ESFR sprinkler systems, LED warehouse lighting, 185-foot truck courts and 60-foot concrete aprons. The industrial park was 88.5 percent leased at the time of sale to seven tenants.

August 11, 2026

Georgia Loans Office Southeast

Eldridge Capital Provides $278M Loan for Refinancing of Midtown Atlanta Office Tower

by Abby Cox August 10, 2026

ATLANTA — Eldridge Capital Management has provided a $278 million loan to refinance Ten Twenty Spring, a 540,000-square-foot office tower located in Midtown Atlanta. Locally based Portman and funds affiliated with Blackstone Real Estate own the 25-story tower, which anchors Portman’s Spring Quarter mixed-use development at the corner of Spring and 10th streets. Ten Twenty Spring features floor-to-ceiling windows and 360-degree panoramic views of the city. Amenities include an indoor-outdoor bar; a multi-course, rooftop Japanese dining experience; 16,000 square feet of private office terraces; a coworking lounge; historic gardens, ground-floor retail space; and connectivity to the MARTA Midtown station. The tower was fully delivered in 2024. Tenants at Ten Twenty Spring include EY, Reed Smith and Pinnacle Financial Partners, which recently announced it will establish its corporate headquarters across five floors of the building. In addition, Sozou, a modern Japanese restaurant by Chef Fuyuhiko Ito, will open this summer.

August 10, 2026

Newer Posts

Older Posts