MCDONOUGH, GA. — Highline Warren, a distributor of cleaners and other fluids for the automotive and industrial sectors, has announced plans to invest $170 million in a new logistics hub in metro Atlanta. The Memphis-based company will build-out and occupy the former Zinus building, a 1.1 million-square-foot distribution center located at 830 Highway 42 S in McDonough. Highline Warren plans to begin operations at the facility by the end of the year and create 160 new jobs in the area. Civic partners involved in Highline Warren’s site selection include the Metro Atlanta Chamber, the City of McDonough, Georgia Department of Economic Development, the Henry County Development Authority and Georgia EMC. According to the company’s website, Highline Warren has more than 1,700 employees and operates 12 distribution centers and nine manufacturing plants.
ATHENS, GA. — CCI Real Estate has begun construction on 290 Lumpkin, a 353-bed student housing development located near the University of Georgia campus in Athens. The community is being developed in partnership with the Georgia Baptist Mission Board and will include ministry space for Baptist Collegiate Ministries. The development team for the project, which is scheduled for completion in summer 2027, includes New South Construction. The eight-story community will offer 243 fully furnished units in studio, one- and two-bedroom configurations. The property will also feature a Three Tree Coffee location on the ground floor and a 356-space parking deck. Shared amenities are set to include a fitness and wellness center; landscaped courtyards; study and lounge spaces; a rooftop deck with a living garden and pool; pickleball and basketball courts; and grilling stations. Preleasing for the property will begin this fall.
DULUTH, GA. — Hanover Co. has acquired nearly eight acres in Duluth, a northeast suburb of Atlanta in Gwinnett County, for the development of Hanover Sugarloaf, a 305-unit multifamily community. The purchase price was $12.4 million. John Speros and JT Speros of Ackerman & Co., along with Kyle Gable of Gable Land Co. and David Branch of SSG Realty Partners, represented the seller, an entity doing business as SP Sugarloaf LLC, in the transaction. The property will be situated near the 118-acre Gas South District, which is anchored by Gas South Arena and the Gas South Convention Center, and adjacent to Sugarloaf Parkway Shopping Center. Hanover Co. plans to demolish the 56,000-square-foot vacant office building at the property to make room for multiple four- and five-story apartment buildings, which will also include parking. Further details of the project were not disclosed.
SAVANNAH, GA. — Madison Commercial, an affiliate of Madison Capital Group, has completed the sale of a Chick-fil-A outparcel at its mixed-use redevelopment of the former Sears and Sears Auto Center site at Oglethorpe Mall in Savannah. The transaction marks the final piece of the company’s retail component at the mixed-use development. Along with Chick-fil-A, Madison Commercial has leased and sold all three retail outparcels at the property, including Jim ‘N Nick’s Bar-B-Q and Valvoline Instant Oil Change. The outparcels are situated adjacent to Oglethorpe Mall and Madison Oaks, a new multifamily community developed by Madison Communities on the site of the former Sears anchor store. Madison Oaks opened early this year. Madison Commercial and Savannah-based engineering firm Thomas & Hutton collaborated throughout the planning, engineering and entitlement process to deliver the final retail component. Oglethorpe Mall features several restaurants, a food court and more than 120 stores. Tenants include American Eagle Outfitters, Barnes & Noble, Bath & Body Works, Belk, Claire’s, Cold Stone Creamery, Crunch Fitness, DSW Shoes, Foot Locker, Great American Cookies, H&M, JCPenney, Macy’s and Savannah Sweets, among others.
ATLANTA — A joint venture between Machine Investment Group and Lionshead Capital Partners has purchased Atlanta Airport Marriott, a 641-room hotel located on a 16-acre site adjacent to Hartsfield-Jackson Atlanta International Airport. The seller and sales price were not disclosed, but the Atlanta Business Chronicle reports that the Pennsylvania Public School Employees’ Retirement System was listed as the previous owner on Fulton County property records. William Hodges and Michael Tormey of Hodges Ward Elliott brokered the transaction. The new ownership group has selected White Label Asset Management to serve as asset manager for the 16-story hotel. The property includes 30,178 square feet of indoor meeting space, including a 9,928-square foot ballroom; multiple food-and-beverage outlets; an indoor/outdoor pool complex; and a large fitness center with six pickleball courts. Machine and Lionshead Capital plan to invest in a significant capital improvement program for Atlanta Airport Marriott, whose guestrooms were last renovated in 2017.
AUGUSTA, GA. — Cushman & Wakefield has brokered the $87 million sale of Mason Augusta, a 462-unit apartment community located at 101 Pine Forest Road in Augusta. Taylor Bird, Robert Stickel, Alex Brown, Nelson Abels and Laura Aylor of Cushman & Wakefield’s Sunbelt Multifamily Advisory Group represented the seller, Waypoint Residential, in the transaction. The buyer was Southwood Realty Co. Mason Augusta was developed in two phases in 2022 and 2024 and was 95 percent occupied at the time of sale. The property includes a mix of one-, two- and three-bedroom apartments ranging in size from 685 to 1,321 square feet, as well as a fitness center with yoga and spin studio, resort-style pools with sundecks and tanning ledges, clubhouse with e-lounge and coffee bar, game room, business center and a dining and lounge terrace with outdoor fireplace. Other amenities at Mason Augusta include an automated parcel system, dog park and indoor pet spa, garages and outdoor gathering spaces with grilling kitchens and fire pits.
ATLANTA — CCI Real Estate has begun leasing 740 Techwood, a 95-bed student housing development located near the Georgia Tech campus in Atlanta. CCI is developing the property in partnership with the Georgia Baptist Mission Board that will replace an existing Baptist Collegiate Ministries (BCM) building located at 740 Techwood Drive. CCI obtained $18 million in construction financing last year for the project. The 64,000-square-foot development will rise five stories and offer 55 fully furnished units in studio, one- and two-bedroom configurations. Shared amenities will include an onsite coffee shop, study lounges, study areas and an outdoor private courtyard with a fire pit. The development team for the project includes general contractor True North Cos. Completion is expected ahead of Georgia Tech’s 2027-2028 academic year.
NEWTOWN COUNTY, GA. — Hillpointe has opened Pointe Grand Covington, a 216-unit attainable multifamily community located at 8000 Revolution Way in Covington, about 36 miles east of Atlanta. Pointe Grand Covington features two-bedroom residences with modern finishes, smart home technology and in-unit amenities, such as full-size washers and dryers, digital keyless entry and private patios or balconies. Community amenities at the pet-friendly property include a resort-style swimming pool, fitness center, pickleball court, electric vehicle charging stations and a variety of indoor and outdoor gathering spaces.
KENNESAW, GA. — Landmark Properties and an affiliate of Paceline Equity Partners have broken ground on The Standard at Kennesaw, a 656-bed, off-campus student housing community located less than a mile from Kennesaw State University in metro Atlanta. Landmark Construction, the in-house general contractor for Landmark Properties, will serve as general contractor for the five-story building. Niles Bolton Associates will serve as architect, while Eberly & Associates will serve as structural engineer. Construction will begin immediately and is expected to be completed for the 2028-2029 academic year. The Standard at Kennesaw will offer 157 units in studio through six-bedroom configurations. Amenities at the community will include a resort-style rooftop pool deck with a jumbotron; a grilling area and firepits; clubhouse; fitness center and sauna; golf simulator; open-air courtyards; a study lounge with a café; bike storage rack; parking deck; and more than 11,000 square feet of recreation space. The community will also offer 559 parking spaces and access to an off-campus shuttle bus.
ATLANTA — Real Capital Solutions has acquired 101 Marietta, a 36-story office tower located at 101 Marietta St. NW in downtown Atlanta, for $49.5 million. The seller was not disclosed. Situated adjacent to Centennial Yards, the 673,819-square-foot building was 54 percent leased at the time of sale to tenants including the Atlanta Hawks, The Federal Defender Program, YKK AP America, Industrious and the U.S. Small Business Administration (SBA). Originally constructed in 1975 and renovated in 1999 and 2016, 101 Marietta has received more than $12 million in capital improvements completed by prior ownership, including lobby renovations, tenant amenities, building systems upgrades and digital signage enhancements. Real Capital Solutions plans to continue to invest in capital improvements to increase leasing and improve the tenant experience at 101 Marietta.
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