Georgia Archives - REBusinessOnline https://rebusinessonline.com/category/southeast/georgia/ Commercial Real Estate from Coast to Coast Thu, 05 Feb 2026 14:48:50 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 https://rebusinessonline.com/wp-content/uploads/2020/09/cropped-REBusiness-logo-512px-32x32.png Georgia Archives - REBusinessOnline https://rebusinessonline.com/category/southeast/georgia/ 32 32 Walker & Dunlop Arranges $43M Refinancing for Student Housing Community Near Georgia Tech https://rebusinessonline.com/walker-dunlop-arranges-43m-refinancing-for-student-housing-community-near-georgia-tech/ Thu, 05 Feb 2026 14:48:48 +0000 https://rebusinessonline.com/?p=449855 ATLANTA — Walker & Dunlop has arranged a $43 million loan for the refinancing of The Hive, a 307-bed student housing community located adjacent to the Georgia Tech campus in Midtown Atlanta. Israel Leiner led the Walker & Dunlop team that arranged the loan on behalf of the borrower, Dezure Development. Walker & Dunlop Investment Partners provided the interest-only bridge loan. Located at 566 Centennial Olympic Park Drive NW, The Hive offers 100 fully furnished units alongside shared amenities including study lounges and fitness facilities, as well as a courtyard with an infinity pool and a rooftop lounge. The property opened in fall 2025.

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CP Group Unveils Plans for Mixed-Use Redevelopment of Piedmont Center Office Campus in Atlanta’s Buckhead District https://rebusinessonline.com/cp-group-unveils-plans-for-mixed-use-redevelopment-of-piedmont-center-office-campus-in-atlantas-buckhead-district/ Fri, 30 Jan 2026 12:45:00 +0000 https://rebusinessonline.com/?p=449493 ATLANTA — CP Group, an office owner and developer based in Boca Raton, Fla., has unveiled plans to redevelop Piedmont Center, a 2.2 million-square-foot office campus located off Piedmont Road in Atlanta’s Buckhead district. The firm acquired the property in June for $200 million, after the former owner, Ardent Cos., defaulted on its loan tied to Piedmont Center from Morgan Stanley. CP Group is expected to begin its overhaul of the 14-building property this year. “We’re not just updating an office park; we’re building a destination,” says Chris Eachus, founding partner of CP Group. “Piedmont Center is a perfect example of the high-value assets we target. The combination of this prime location and our reimagined master plan has already sparked immediate interest and strong leasing results.” The project team includes Atlanta-based architecture and design firms Smallwood and ASD|SKY, as well as Bethesda, Md.-based real estate consulting firm Of Place. One of the primary transformations planned for the redevelopment is a new street-level strip on Piedmont Road that is expected to include at least six restaurant concepts and various retail offerings. In the meantime, Piedmont Center has already opened LiveWire Coffee in Building 6 and has curated food truck programming options throughout…

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Milestone Group Purchases 266-Unit Apartment Community in Canton, Georgia https://rebusinessonline.com/milestone-group-purchases-266-unit-apartment-community-in-canton-georgia/ Wed, 28 Jan 2026 15:55:33 +0000 https://rebusinessonline.com/?p=449273 CANTON, GA. — The Milestone Group has purchased Legends at Laurel Canyon, a 266-unit, garden-style apartment community located at 100 Legends Drive in Canton, about 43 miles north of Atlanta. The seller and sales price were not disclosed. Built in 2020, Legends at Laurel Canyon offers one-, two- and three-bedroom units averaging 1,227 square feet in size. Amenities include a clubhouse, fitness center, resort-style saltwater pool, gated access, Amazon Hub Lockers, car care center, bike racks and a pet park and spa.

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Essential Growth Properties Acquires Publix-Anchored Shopping Center in Mulberry, Georgia for $13.4M https://rebusinessonline.com/essential-growth-properties-acquires-publix-anchored-shopping-center-in-mulberry-georgia-for-13-4m/ Fri, 23 Jan 2026 14:37:56 +0000 https://rebusinessonline.com/?p=448972 MULBERRY, GA. — Essential Growth Properties has acquired Mulberry Village, a 75,200-square-foot shopping center located in Mulberry, approximately 50 miles northeast of Atlanta, for $13.5 million. Built in 2008 on about 17 acres, Mulberry Village is anchored by a newly renovated Publix. Additional tenants at the center, which was 94 percent occupied at the time of sale, include Taco Bell, Maria’s Tex Mex, State Farm, Capital Nails, Spice Wing and Peking Chinese. The property also features four undeveloped outparcels for future use. Jim Hamilton, Brad Buchanan, Andrew Michols and Charlie Merrigan of JLL represented the seller, Watkins Real Estate Group, in the transaction.

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TDC Selects Mainsail Lodging as Hotel Development Partner at Medley Project in Johns Creek, Georgia https://rebusinessonline.com/tdc-selects-mainsail-lodging-as-hotel-development-partner-at-medley-project-in-johns-creek-georgia/ Fri, 23 Jan 2026 14:35:22 +0000 https://rebusinessonline.com/?p=448966 ATLANTA — Toro Development Co. (TDC) has selected Mainsail Lodging & Development as the development partner and operator for the hotel component at Medley, a 43-acre mixed-use development under construction in the north Atlanta suburb of Johns Creek. The 150-room hotel will be integrated within the mixed-use development and will front the 25,000-square-foot greenspace at the property. The hotel, which is slated to open in 2028, will feature modern guestrooms, a signature restaurant and approximately 5,000 square feet of meeting and event space that connects to the green space and lobby. Along with the new hospitality component, Medley includes 164,000 square feet of retail, restaurant and entertainment space; 883 luxury apartments; and 110,000 square feet of office space. Medley will officially open on Oct. 29.

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HWE Negotiates Sale of 220-Room SpringHill Suites Hotel in Atlanta’s Buckhead District https://rebusinessonline.com/hwe-negotiates-sale-of-220-room-springhill-suites-hotel-in-atlantas-buckhead-district/ Mon, 19 Jan 2026 13:24:50 +0000 https://rebusinessonline.com/?p=448544 ATLANTA — Hodges Ward Elliott (HWE) has brokered the sale of the Springhill Suites by Marriott Atlanta Buckhead hotel, a 220-room, select-service hotel located at 3459 Buckhead Loop NE in the city’s Buckhead district. HWE, now part of Franklin Street’s platform, represented the undisclosed seller in the transaction. The sales price and buyer were also not disclosed, but the Atlanta Business Chronicle reports that Blueleaf Capital and 3VP purchased the hotel for approximately $19.3 million. Spanning 11 floors, the pet-friendly hotel features a mix of amenities, including a swimming pool, onsite restaurant, 24/7 fitness center, complimentary breakfast, laundry facilities, gift shop and roughly 2,200 square feet of conference space. The Atlanta Business Chronicle reports that the new owners plan to invest $9 million to renovate the hotel. The property will continue to be affiliated with SpringHill Suites by Marriott, according to HWE.

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Ardent Buys 360,000 SF Perimeter Pointe in Metro Atlanta, Plans Mixed-Use Redevelopment https://rebusinessonline.com/ardent-buys-360000-sf-perimeter-pointe-in-metro-atlanta-plans-mixed-use-redevelopment/ Fri, 16 Jan 2026 16:29:16 +0000 https://rebusinessonline.com/?p=448512 SANDY SPRINGS, GA.  — The Ardent Cos. has acquired Perimeter Pointe, a 360,000-square-foot retail property located in Atlanta’s Central Perimeter submarket of Sandy Springs. The locally based owner plans to transform the property into a mixed-use development. Renovations will include the prioritization of walkability and accessibility, an improved tenant lineup, the lease-up of vacant space and remerchandising the existing tenant mix. The redevelopment will also feature the addition of a multifamily component to the property. Current tenants at Perimeter Pointe include Five Below, Office Depot, Dick’s Sporting Goods and HomeGoods. Located at the corner of Mount Vernon Highway and Abernathy Road, the shopping center features immediate proximity to Ga. Highway 400 and onsite connection to the Sandy Springs MARTA station.

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Matthews Negotiates Sale of 24,674 SF Retail Center in Alpharetta, Georgia https://rebusinessonline.com/matthews-negotiates-sale-of-24674-sf-retail-center-in-alpharetta-georgia/ Fri, 16 Jan 2026 16:26:24 +0000 https://rebusinessonline.com/?p=448506 ALPHARETTA, GA. — Matthews has negotiated the sale of the final retail parcel at East Village, a recently completed, 268,000-square-foot mixed-use redevelopment located in Alpharetta, a northern suburb of Atlanta. Jeff Enck, Pierce Mayson, Kyle Stonis and Boris Shilkrot of Matthews represented the seller, The Ardent Cos., in the transaction. The buyer was not disclosed. Situated at the entrance of the East Village mixed-used development, the 24,674-square-foot retail center features a mix of tenants such as Panda Express, Palm Beach Tan, Dollar Tree and Sally Beauty, as well as two outparcel pads. The property was fully leased at the time of sale. East Village comprises a 336-unit luxury apartment community, a 74-unit townhome rental community and 75,000 square feet of retail space, including the acquired center.

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Franklin Street Acquires Hospitality Brokerage Firm Hodges Ward Elliott https://rebusinessonline.com/franklin-street-acquires-hospitality-brokerage-firm-hodges-ward-elliott/ Tue, 13 Jan 2026 15:18:09 +0000 https://rebusinessonline.com/?p=448202 TAMPA, FLA. AND ATLANTA — Tampa-based commercial real estate services firm Franklin Street has acquired Hodges Ward Elliott (HWE), a global hospitality brokerage firm based in Atlanta with offices in London, New York City, Miami, Tampa and Dallas. HWE will continue to provide its services under its current name and brand and will keep its leadership and brokerage teams intact. “HWE’s experience with executing institutional deals will benefit Franklin Street as we expand our reach and market share,” says Tony DeSisto, president and chief operating officer at Franklin Street. The company opened offices in Nashville and Dallas last year and recently hired a new regional managing director in Miami. HWE will join the Franklin Street platform and have access to the company’s multiple business verticals, including insurance, project management, capital advisory, leasing and property management. HWE team members have joined existing Franklin Street offices in Atlanta, Dallas, Nashville, Orlando and Tampa. Over the past five years, HWE has completed $17 billion in closed transactions, with 30 deals exceeding $100 million. In 2025, the firm closed $1.5 billion in transactions, including the sale of W London and Viewline Resort Snowmass, Autograph Collection in Colorado.

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Kilpatrick Renews 148,000 SF Office Lease at 1100 Peachtree in Midtown Atlanta https://rebusinessonline.com/kilpatrick-renews-148000-sf-office-lease-at-1100-peachtree-in-midtown-atlanta/ Mon, 12 Jan 2026 14:38:54 +0000 https://rebusinessonline.com/?p=448082 ATLANTA — Kilpatrick Townsend & Stockton LLP has renewed its 148,000-square-foot lease at 1100 Peachtree, a 28-story office tower in Midtown Atlanta. The global law firm has leased space at the property since 1992 and has recommitted to a 15-year term. 1100 Peachtree is currently 76 percent leased. Sam Hollis, John Izard, Ken Ashley and Christian Taylor of Cushman & Wakefield represented the tenant in the lease negotiations. Brooke Dewey and Alexis Vondersaar of JLL serve as the primary leasing agents for 1100 Peachtree on behalf of ownership, Spear Street, which acquired the 584,066-square-foot office tower in May 2025. The owner is underway on a full refresh of the building’s conference and fitness centers. Completion of the renovation is scheduled for this quarter. Along with the renovation, Spear Street will also welcome two new food-and-beverage concepts — Dos Cominos and Paris Baguette — to the tower’s street-level retail component this year.

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McShane Construction Completes 212-Unit Mixed-Income Apartment Community in Atlanta https://rebusinessonline.com/mcshane-construction-completes-212-unit-mixed-income-apartment-community-in-atlanta/ Fri, 09 Jan 2026 13:35:22 +0000 https://rebusinessonline.com/?p=447990 ATLANTA — McShane Construction Co. has completed Ashley Scholars Landing II, a mixed-income apartment complex located in Atlanta. Designed by JHP Architecture, the three- and four-story complex is situated within the larger master-planned community of Ashley Scholars Landing. The Integral Group was the developer. Ashley Scholars Landing II offers 212 affordable housing and market-rate apartments, as well as a swimming pool with cabanas, a clubroom, fitness center, activity space, micro-offices and a walking park, as well as 254 parking spaces. The property is located near the Atlanta University Center Consortium (AUC), a consortium of four historically black colleges and universities (HBCUs) including Morehouse College and Spelman College.

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InterFace: Multifamily Finance Pros Explain Where Capital Providers Are Placing Their Bets in 2026 https://rebusinessonline.com/interface-multifamily-finance-pros-explain-where-capital-providers-are-placing-their-bets-in-2026/ Thu, 08 Jan 2026 13:00:00 +0000 https://rebusinessonline.com/?p=447905 ATLANTA — Multifamily borrowers have a plethora of financing options at their beck and call, both from traditional debt sources and alternative platforms. With the competition among capital sources on the rise, sponsors are in an advantageous position. “More lenders are chasing multifamily since they’ve taken three commercial real estate food groups off the table — office, retail and hospitality,” explains Shawn Townsend, president and chief investment officer at Ease Capital. However, financing challenges remain. “But by and large the cost of debt capital has not gone down,” Townsend adds. Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. Townsend’s comments came during the capital markets panel at InterFace Multifamily Southeast, a two-day event held Dec. 1-2 at the Intercontinental Buckhead hotel in Atlanta. InterFace Conference Group and sister publications Multifamily & Affordable Housing Business and Southeast Real Estate Business hosted the networking and information conference. Stephen Farnsworth, senior managing director of real estate finance at Walker & Dunlop, moderated the session, which featured five lenders and financial intermediaries. Farnsworth opened by touching on the ebbs and…

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Selig Obtains $245M Refinancing for 1105 West Peachtree Office Tower in Midtown Atlanta https://rebusinessonline.com/selig-obtains-245m-refinancing-for-1105-west-peachtree-office-tower-in-midtown-atlanta/ Mon, 05 Jan 2026 14:53:31 +0000 https://rebusinessonline.com/?p=447600 ATLANTA — Selig Enterprises has obtained a $245 million loan for the refinancing of 1105 West Peachtree, a 31-story office tower in Midtown Atlanta. The 653,525-square-foot tower was nearly fully leased at the time of financing to tech giant Google and law firm Smith, Gambrell & Russell. Matt Rendele and Christine Curry of Selig worked with CBRE on the financing, which was structured as a CMBS SASB (single-asset/single-borrower) loan. Delivered in 2021, 1105 West Peachtree features The Office Bar and Sky Plaza, a one-acre amenity deck that connects to the Epicurean Atlanta hotel and 40 West 12th, a luxury condo tower.

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Tariffs Are Moving the Needle for Manufacturing, Distribution Demand on the I-85 Industrial Corridor https://rebusinessonline.com/tariffs-are-moving-the-needle-for-manufacturing-distribution-demand-on-the-i-85-industrial-corridor/ Tue, 23 Dec 2025 12:31:00 +0000 https://rebusinessonline.com/?p=447544 More than seven months have passed since Liberation Day, where the Trump administration declared a sweeping package of tariffs for foreign trade partners and specific commodities, including steel and aluminum. Since the announcement in early April, there has been a boon in the amount of multibillion-dollar advanced manufacturing, life sciences, semiconductor and data center investment announcements around the country, with the markets along the I-85 Industrial Corridor being no exception.  To name a few: Toyota has recently begun production at its $13.9 billion battery plant in Liberty, N.C.; Rivian broke ground on its $5 billion electric vehicle plant near Social Circle, Ga.; JetZero is planning to create 14,500 jobs for an aerospace manufacturing facility in Greensboro, N.C.; Eli Lilly is developing a $5 billion pharmaceutical manufacturing facility in the Richmond suburb of Goochland County, Va.; and Google is developing a trio of data centers in metro Richmond’s Chesterfield County. “We have incredible momentum bringing business back into the United States, which is going to drive industrial growth, particularly in the Southeast,” says Jim Anthony, CEO and founder of APG Companies. “We’re not unionized, we have lower taxes, fewer regulations and lower cost of energy, which is huge factor in site…

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Lockwood Cos. Breaks Ground on 40-Unit Affordable Seniors Housing Community in Albany, Georgia https://rebusinessonline.com/lockwood-cos-breaks-ground-on-40-unit-affordable-seniors-housing-community-in-albany-georgia/ Mon, 22 Dec 2025 15:11:01 +0000 https://rebusinessonline.com/?p=447349 ALBANY, GA. — Lockwood Cos. has broken ground on Dogwood Trail Apartments II, a 40-unit affordable seniors housing community located in the South Georgia city of Albany. Construction of Dogwood Trail Apartments II is estimated to take 14 months to complete, with a scheduled opening in winter 2027. Upon completion, the senior living community will provide housing for residents age 55 and older who earn 30, 50, 60 and 70 percent of the area median income (AMI). In partnership with the Albany Housing Authority, eight units will also be set aside for residents with project-based Housing Choice Vouchers. Dogwood Trail Apartments II will offer 20 one-bedroom and 20 two-bedroom apartments with elevators. The energy-efficient project will meet National Green Building Standards and will be furnished with dishwashers and washer/dryer connections. Additionally, all units will be pre-wired for cable and high-speed internet access.

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Highline Acquires Shopping Center in Conyers, Georgia for $25.4M https://rebusinessonline.com/highline-acquires-shopping-center-in-conyers-georgia-for-25-4m/ Thu, 18 Dec 2025 16:11:08 +0000 https://rebusinessonline.com/?p=447163 CONYERS, GA. — Highline Real Estate Capital has acquired Salem Gate Market, a 177,527-square-foot shopping center located in Conyers, a southeast suburb of Atlanta in Rockdale County, for $25.4 million. Situated directly off I-20, the center’s tenant roster includes anchors Academy Sports + Outdoors and Floor & Décor. The Miami-based investor purchased Salem Gate Market from the undisclosed seller via its Highline Real Estate Fund 1, which launched in 2023 and has completed more than $350 million in acquisitions. Brad Buchanan and Jim Hamilton of JLL’s Atlanta office represented the seller in the transaction. Highline also recently sold an unanchored retail center in Conyers in a separate transaction totaling $9 million.

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Thompson Thrift to Develop 214-Unit Wrenly Apartments in Newnan, Georgia https://rebusinessonline.com/thompson-thrift-to-develop-214-unit-wrenly-apartments-in-newnan-georgia/ Wed, 17 Dec 2025 14:21:11 +0000 https://rebusinessonline.com/?p=447016 NEWNAN, GA. — Thompson Thrift plans to develop Wrenly, a 214-unit apartment community in Newnan, a city approximately 40 miles southwest of downtown Atlanta. The Indiana-based developer expects to welcome residents by April 2027, with full completion slated for early 2028. The 29-acre community will comprise one-, two- and three-bedroom apartments within six residential buildings. Amenities will include a 24-hour fitness center, a pool with a waterfall feature, firepit with seating areas, grills, pickleball court, dog park and a business center.

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SRS Real Estate Negotiates Sales of Two Retail Properties in Georgia, South Carolina Totaling $7.6M https://rebusinessonline.com/srs-real-estate-negotiates-sales-of-two-retail-properties-in-georgia-south-carolina-totaling-7-6m/ Fri, 12 Dec 2025 15:47:08 +0000 https://rebusinessonline.com/?p=446699 CARROLLTON, GA. AND UNION, S.C. — SRS Real Estate Partners has negotiated the sales of two single-tenant retail properties in Georgia and South Carolina totaling $7.6 million. The properties include a property in Carrollton leased to Parachute Plasma and a drive-thru restaurant in Union occupied by Arby’s. Britt Raymond and Kyle Fant of SRS represented the 1031 exchange buyer, a New York City-based private investor, in the transaction. The seller was not disclosed. The first property, Parachute Plasma, sold for $5.5 million and totals 7,613 square feet of retail and medical office space. Built in 2024, Parachute Plasma operates on a new 20-year triple-net lease. The second property, a 2,364-square-foot Arby’s restaurant, was built in 2021 and was sold for roughly $2.1 million. Arby’s has approximately 16 years remaining on its absolute triple-net lease.

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Crescent Communities to Develop 303-Unit Apartment Community at North DeKalb Mall Redevelopment Project https://rebusinessonline.com/crescent-communities-to-develop-303-unit-apartment-community-at-north-dekalb-mall-redevelopment-project/ Thu, 11 Dec 2025 14:37:52 +0000 https://rebusinessonline.com/?p=446570 DECATUR, GA. — Crescent Communities plans to begin construction this month on NOVEL Lulah Hills, a 303-unit apartment community in Decatur. The six-story community, which will feature nearly 40,000 square feet of retail space on the ground level, is a multifamily component within Lulah Hills, EDENS’ 78-acre mixed-use redevelopment of the former North DeKalb Mall. The apartment community will offer a mix of studio, one-, two- and three-bedroom apartments, as well as a pool with cabanas, a beer and game garden, outdoor dining spaces, flexible space for workshops and events, a craft closet, stocked dining pantry and a terrace with firepits and lounge seating. The overall Lulah Hills project, delivered over multiple phases in the coming years, will offer approximately 300,000 square feet of retail and restaurants, a Publix grocery store, 1,800 residential units and multiple green spaces. Crescent Communities plans to deliver NOVEL Lulah Hills in late 2027.

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BWE Provides $38.5M Loan for Build-to-Rent Community in Kathleen, Georgia https://rebusinessonline.com/bwe-secures-38-5m-loan-for-build-to-rent-community-in-kathleen-georgia/ Wed, 10 Dec 2025 14:59:26 +0000 https://rebusinessonline.com/?p=446460 KATHLEEN, GA. — BWE has provided a $38.5 million loan for Encore at Beacon Place, a 252-unit build-to-rent community located at 40 Cohen Walker Drive in Kathleen, about seven miles south of Warner Robins in central Georgia. Paul Harbor and Caleb Carter of BWE’s Birmingham office originated the bridge loan on behalf of the borrower, a multifamily investment firm based in Alabama. Delivered in February 2025, Encore at Beacon Place offers a mix of one-, two- and three-bedroom cottages. Amenities include a resort-style saltwater pool, pickleball court, clubhouse with a 24-hour fitness center with a fitness studio, community gathering room, business center, cyber café with complimentary Wi-Fi and a coffee bar.

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