Georgia Archives - REBusinessOnline https://rebusinessonline.com/category/southeast/georgia/ Commercial Real Estate from Coast to Coast Wed, 29 Apr 2026 13:30:25 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 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 Newmark Arranges 40,124 SF Office Lease at 1375 Peachtree in Midtown Atlanta https://rebusinessonline.com/newmark-arranges-40124-sf-office-lease-at-1375-peachtree-in-midtown-atlanta/ Wed, 29 Apr 2026 13:30:23 +0000 https://rebusinessonline.com/?p=455592 ATLANTA — Newmark has arranged a 40,124-square-foot office lease at 1375 Peachtree, a seven-story, 412,000-square-foot office building in Midtown Atlanta. The tenant, Drew Eckl & Farnham, will move into its new space on the sixth floor this December. The law firm is consolidating and relocating from nearby Truist Plaza. Craig Kalinowski, Stewart Thrash, Brad Kirschner, R.J. Zurak and Lindsay Kalski of Newmark represented the landlord, Toronto-based FullG CRE Investments Inc., in the lease transaction. John Winter and L.J. Wilhelmi of Stream Realty Partners represented the tenant. 1375 Peachtree recently underwent a capital improvement program that included a modernized façade, lobby transformation, new fitness center and two new food-and-beverage concepts by Hospitality HQ: a modern French brasserie, Brasserie Lundi, and a chef-driven food hall, The Peacherie, both of which are now open.

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JLL Arranges $35.7M in Financing for Seven-Building Industrial Complex in Atlanta https://rebusinessonline.com/jll-arranges-35-7m-in-financing-for-seven-building-industrial-complex-in-atlanta/ Mon, 27 Apr 2026 14:25:57 +0000 https://rebusinessonline.com/?p=455400 ATLANTA — JLL Capital Markets has arranged $35.7 million in financing for a seven-building shallow-bay industrial complex totaling 397,959 square feet in northeast Atlanta. Melissa Rose, Bobby Norwood, Nicole Diaz and Preston Bacon of JLL secured the loan through Synovus Bank on behalf of the borrower, Miami-based COFE Properties. Dubbed the Atlanta Small Bay Portfolio, the buildings range in size from 45,000 to 77,000 square feet, with an average tenant suite size of 8,650 square feet. The complex was 83.6 percent leased at the time of financing to 35 tenants spanning wholesale and distribution, specialty trades, logistics, construction and home improvement industries. In addition, the buildings feature 18- to 22-foot clear heights and flexible rear configurations with dock-high and drive-in capabilities designed for multi-tenant occupancy. COFE Properties plans to implement a capital improvements program with renovations such as building enhancements, site work and tenant space upgrades.

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Noble Opens 148-Room Tempo by Hilton Savannah Historic District Hotel https://rebusinessonline.com/noble-opens-148-room-tempo-by-hilton-savannah-historic-district-hotel/ Fri, 24 Apr 2026 14:48:48 +0000 https://rebusinessonline.com/?p=455313 SAVANNAH, GA. — Noble Investment Group has opened Tempo by Hilton Savannah Historic District, a 148-room hotel located at 220 E. Bryan St. in downtown Savannah. Situated off Reynolds Square and steps from the Savannah River, the hotel represents the first Tempo by Hilton property in Georgia. McKibbon Hospitality manages the hotel on behalf of Noble. Each hotel room offers spa-inspired bathrooms with Bluetooth speaker mirrors and Apotheke bath products; Sealy Accelerate mattresses; Peloton bikes; yoga mats; and resistance bands. Amenities include a lobby with gathering spaces, 3,000 square feet of meeting spaces and a 24-hour fitness center. Food-and-beverage offerings include Waving Girl Rooftop, a rooftop bar, and Bluestone Lane Café, an Australian-style café overlooking Reynolds Square.

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Virgin Hotels to Anchor $5B Centennial Yards Development in Downtown Atlanta https://rebusinessonline.com/virgin-hotels-to-anchor-5b-centennial-yards-development-in-downtown-atlanta/ Thu, 23 Apr 2026 14:24:26 +0000 https://rebusinessonline.com/?p=455221 ATLANTA — Los Angeles-based CIM Group and affiliate Centennial Yards Co. have announced that Virgin Hotels is coming to Centennial Yards, the $5 billion mixed-use district underway in downtown Atlanta. Drew Co. is co-developing the 261-room hotel, which is set to open in 2027 between Mercedes-Benz Stadium and State Farm Arena. The hotel will anchor the “Entertainment District” of the 50-acre project that will also include a 5,300-seat Live Nation venue and the interactive Cosm attraction announced in 2024. The hotel will include the Virgin brand’s signature “Chambers” room concept with a penthouse suite and “Richard’s Flat” on the upper floors. The hotel will also feature meeting space, a pool deck and a Chops Lobster Bar on the ground level, as well as bars in the lobby, pool deck area and rooftop, plus a seasonal patio bar. Other recently announced concepts coming to Centennial Yards include Shake Shack, The Irish Exit, Khao Thai Isan, The Busy Bee Café and Zephyr Southern Brasserie.

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Coreforce Signs 32,945 SF Office Lease at Uptown Atlanta Mixed-Use Development https://rebusinessonline.com/coreforce-signs-32945-sf-office-lease-at-uptown-atlanta-mixed-use-development/ Wed, 22 Apr 2026 14:19:06 +0000 https://rebusinessonline.com/?p=455053 ATLANTA — Coreforce, a public safety tech firm based in Decatur, Ga., has signed a 32,945-square-foot office lease at Uptown Atlanta, a mixed-use development by Rubenstein Partners LP that straddles Atlanta’s Buckhead and Midtown submarkets. Kyle Kenyon and Chris Port of CBRE represented the landlord in the lease transaction. Coreforce, formerly known as Utility Associates, has 200 employees and provides software for first responders and other frontline professionals. The firm will relocate from Decatur and occupy the entire 10th floor at Uptown Atlanta, which features more than 1 million square feet of office space. Other office tenants include The Academy for Innovation in Medicine, Stadler Rail, Entertainment Partners, MARTA CPEI group and Skillshot Media. The development also includes more than 100,000 square feet of retail space leased to J’ouvert Caribbean Kitchen, Bene Korean, Sugarcoat, Roundhouse Kickboxing, The Commodore and 26 Thai Kitchen, among others.

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Connolly Completes $70M Mixed-Use Development in Brookhaven, Georgia https://rebusinessonline.com/connolly-completes-70m-mixed-use-development-in-brookhaven-georgia/ Tue, 21 Apr 2026 14:05:00 +0000 https://rebusinessonline.com/?p=454953 BROOKHAVEN, GA. — Locally based Connolly has completed Parkside on Dresden, a $70 million mixed-use development in downtown Brookhaven, a northeast suburb of Atlanta. The development is situated on a four-acre site along Dresden Drive near the Brookhaven-Oglethorpe MARTA station. Parkside on Dresden includes the 176-unit Solis Dresden Village, developed in partnership with Terwillger Pappas; a six-level parking garage; 28,000 square feet of ground-level retail space; and Woodley Plaza, a city-owned event lawn named after local businessman Dan Woodley. The retail space is fully leased to tenants including F45 Training, Café Vendome, Honeysuckle Gelato, Stretch Lab and Brookhaven Dance, among others. The development also includes a standalone retail building available for lease that features a rooftop patio.

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Landmark, Kane Properties Acquire 128-Bed Student Housing Community Near University of Georgia https://rebusinessonline.com/landmark-kane-properties-acquire-128-bed-student-housing-community-near-university-of-georgia/ Tue, 21 Apr 2026 14:02:56 +0000 https://rebusinessonline.com/?p=454950 ATHENS, GA. — A partnership between Landmark Properties and Kane Properties has acquired Eclipse on Broad, a 128-bed student housing community located near the University of Georgia campus in Athens. TSB Capital Advisors secured debt financing through Seacoast Bank for the acquisition. Built in 2013, the community offers units in four-bedroom configurations with bed-to-bath parity, as well as five separate townhomes with private two-car garages. Shared amenities include a clubhouse, 24-hour fitness center, study lounges and an outdoor courtyard and grill. The property also features 68 parking spaces.

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Stonemont Purchases 216,400 SF Industrial Facility in Mableton, Georgia https://rebusinessonline.com/stonemont-purchases-216400-sf-industrial-facility-in-mableton-georgia/ Mon, 20 Apr 2026 14:00:50 +0000 https://rebusinessonline.com/?p=454837 MABLETON, GA. — Stonemont, a private industrial real estate investment firm based in Atlanta, has acquired a 216,400-square-foot industrial service facility (ISF) located in Mableton, approximately 15 miles northwest of downtown Atlanta. Situated at 5350 Riverview Road, the facility spans 10 buildings across 24.5 acres and is fully leased to a mix of national and regional tenants. The property also features 18- to 23-foot clear heights, 19 dock doors and potential connectivity to the Norfolk-Southern rail spur. ISF is defined as a subset of industrial outdoor storage (IOS) and includes sites that feature functional service buildings, in addition to stabilized fences and lit outdoor space zoned for storage. Stonemont has closed on five ISF acquisitions totaling 41.9 acres and more than 518,600 square feet of existing and planned development across the country, including Atlanta, Houston, New Jersey and Philadelphia. Additionally, in February, the firm closed on two ISF projects in Denver and Las Vegas, totaling over 35,000 square feet on more than 15 acres.

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JCCG Selected to Develop 125 Independent Living Homes in Milledgeville, Georgia https://rebusinessonline.com/jccg-selected-to-develop-125-independent-living-homes-in-milledgeville-georgia/ Mon, 20 Apr 2026 13:58:39 +0000 https://rebusinessonline.com/?p=454835 MILLEDGEVILLE, GA. — Jim Chapman Construction Group (JCCG), a Southeast-based general contractor specializing in build-to-rent (BTR) communities, has been selected to build 125 single-family rental (SFR) homes at Higher Ground, a new 42-acre, independent living community in Milledgeville. Developed by BLDG Real Estate, Higher Ground is planned to complement the adjacent Fellowship Meriwether Assisted Living Community, providing residents with access to existing amenities, while supporting a “greater level of independence.” Upon completion of the project, The Fellowship Family, a fourth-generation, family-owned firm specializing in senior living communities across the Southeast, will manage the community. Land development of the community’s first phase of 91 homes began in November 2025, and vertical construction is scheduled for June. Leasing is expected to begin in September, with project completion anticipated by January 2027. Homes will range in size from approximately 1,007 to 1,294 square feet.

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Bell Partners Reopens 256-Unit Multifamily Community in Atlanta’s West Midtown https://rebusinessonline.com/bell-partners-reopens-256-unitmultifamily-community-in-atlantas-west-midtown/ Fri, 17 Apr 2026 13:06:53 +0000 https://rebusinessonline.com/?p=454769 ATLANTA — Bell Partners has reopened Bell Collier Village, a 256-unit multifamily community located along Howell Mill Road in Atlanta’s West Midtown neighborhood. Following a fire, Bell Collier Village closed and terminated all leases in 2024 and has remained closed for restoration since. Preleasing at the restored community has already begun, and the first residences are expected to be available in June. Monthly rental rates begin at $1,315. The five-story apartment complex features a mix of studio, one- and two-bedroom floorplans, ranging in size from 426 to 1,657 square feet, according to Apartments.com. Amenities include a saltwater swimming pool, sundeck, fitness center, dog park, clubhouse, pet washing station, courtyard, grilling areas and a rooftop terrace.

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Vida Begins Construction on 280-Unit Verona Apartments in Fairburn, Georgia https://rebusinessonline.com/vida-begins-construction-on-280-unit-verona-apartments-in-fairburn-georgia/ Wed, 15 Apr 2026 13:39:55 +0000 https://rebusinessonline.com/?p=454565 FAIRBURN, GA. — Vida Cos. has begun construction on Verona, a 280-unit apartment community located at the corner of Landrum and Senoia roads in Fairburn, about 20 miles southwest of Atlanta. The garden-style property will offer one-, two- and three-bedroom apartments, all with private balconies. Amenities will include a courtyard with a saltwater swimming pool and grilling stations, a fitness center, clubhouse, coworking lounge and a dog park. The property will also feature a 1,500-square-foot coffee shop open to the public and 5,500 square feet of ground-level retail space. Vida plans to deliver Verona in fall 2027. The developer also recently closed on construction financing from Parse Capital and a 10-year tax incentive from Develop Fulton, an economic development authority for Fulton County. The design-build team includes Buckhaven Construction Services (general contractor), Dwell Design Studio (architect), Crosby Design Group (interior designer), Gaskins + LeCraw (civil engineer) and B+C Studio (landscape architect).

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Affinius Capital Originates $70.2M Refinancing for Terminal East Industrial Property in Savannah https://rebusinessonline.com/affinius-capital-originates-70-2m-refinancing-for-terminal-east-industrial-property-in-savannah/ Tue, 14 Apr 2026 13:42:11 +0000 https://rebusinessonline.com/?p=454466 SAVANNAH, GA. — Affinius Capital has originated a $70.2 million loan for the refinancing of Terminal East, a two-building industrial property in north Savannah spanning 915,000 square feet. John Rose and Bobby Norwood of JLL arranged the loan on behalf of the borrower, a fund advised by Crow Holdings Capital. Additional terms of the financing were not released. Situated near the Port of Savannah and the I-95/I-16 corridor, Terminal East comprises a 180,000-square-foot facility with 32-foot clear heights and a 735,000-square-foot facility with 36-foot clear heights. Combined the buildings feature 231 trailer stalls and 198 dock-high doors.

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Buc-ee’s Breaks Ground on 74,000 SF Travel Center in Forsyth, Georgia https://rebusinessonline.com/buc-ees-breaks-ground-on-74000-sf-travel-center-in-forsyth-georgia/ Mon, 13 Apr 2026 13:23:37 +0000 https://rebusinessonline.com/?p=454343 FORSYTH, GA. — Buc-ee’s has broken ground on a 74,000-square-foot travel center in Forsyth, roughly 60 miles southeast of Atlanta in Monroe County. The store is scheduled to open in spring 2027 and will become the fourth Buc-ee’s location in the state. Officials also stated that the site will be one of the largest in the company’s history and about 40 percent larger than the Buc-ee’s already operating in Warner Robins, about 30 miles to the south, according to WJCL. Situated at 1060 Rumble Road, the new store is expected to bring more than 200 full-time jobs to the area. Buc-ee’s currently operates 54 stores throughout its home state of Texas, as well as Alabama, Florida, Georgia, Kentucky, South Carolina, Ohio, Colorado, Virginia, Missouri and Tennessee.

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Basis Industrial, OneIM Acquire Industrial Portfolio in Orlando, Metro Atlanta for $144.6M https://rebusinessonline.com/basis-industrial-oneim-acquire-industrial-portfolio-in-metro-orlando-atlanta-for-144-6m/ Wed, 08 Apr 2026 14:32:20 +0000 https://rebusinessonline.com/?p=454088 DELRAY BEACH, FLA. — A joint venture between Delray Beach-based Basis Industrial and global investment management firm One Investment Management (OneIM) has purchased an industrial portfolio in the Orlando and Atlanta markets. The firms acquired the 839,001-square-foot portfolio from Boston-based Albany Road Real Estate Partners for $144.6 million as part of a multibillion-dollar programmatic joint venture between Basis Industrial and OneIM. The acquired portfolio spans multiple building within three properties: Lake Point Business Park (134,389 square feet) and Challenger South (146,538 square feet) in Orlando and Breck Exchange in Duluth, Ga. (558,074 square feet). Aaron Appel, Jonathan Schwartz and Michael Brown of Walker & Dunlop assisted in sourcing acquisition debt. Mo Beler, Jonathan Paine, Cory Elbaum and Jackson Irwin of Walker & Dunlop advised on the joint venture equity raise.

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Walker & Dunlop Arranges $104.5M Construction Loan for Ritz-Carlton Savannah Hotel https://rebusinessonline.com/walker-dunlop-arranges-104-5m-construction-loan-for-ritz-carlton-savannah-hotel/ Wed, 08 Apr 2026 14:30:23 +0000 https://rebusinessonline.com/?p=454086 SAVANNAH, GA. — Walker & Dunlop has arranged a $104.5 million construction loan for Ritz-Carlton Savannah, a 168-room luxury hotel located at 2 E. Bryan St. in Savannah. The hotel is a redevelopment of two obsolete office buildings built in 1911 in Savannah’s Historic District. Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Dustin Stolly, Ari Hirt, Sean Reimer and Jason Schwartzberg of Walker & Dunlop arranged the loan through The LCP Group LP on behalf of the borrower, TMGOC Ventures. Jay Morrow and Carter Gradwell of the Walker & Dunlop Hospitality Advisory team assisted and advised the borrower, which is utilizing federal and state historic rehabilitation tax credit programs to help fund the redevelopment. At completion, the Ritz-Carlton Savannah will feature multiple food-and-beverage options on the lower level, ground floor, second floor and rooftop.

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McCarthy Delivers 134,000 SF Hospital in Northwest Georgia https://rebusinessonline.com/mccarthy-delivers-134000-sf-hospital-in-northwest-georgia/ Mon, 06 Apr 2026 14:00:55 +0000 https://rebusinessonline.com/?p=453899 RINGGOLD, GA. — McCarthy Building Cos. has delivered CommonSpirit – Memorial Hospital, a 134,000-square-foot hospital located in Ringgold, a city in Catoosa County along the Georgia-Tennessee border. The $90 million project marks the first new hospital to be delivered to the community in seven decades. The 64-bed inpatient hospital replaces the 70-year-old Hutcheson Medical Center and connects to the existing physician office building, serving as an anchor for its medical campus. The hospital features an emergency department that includes critical care services, imaging services, operating rooms, a GI department, pharmacy, modernized kitchen and server, laboratory and a sterile processing department, as well as a chapel provided by the Sisters of Charity of Nazareth. The facility also houses eight ICU rooms and 56 medical and surgery rooms, including five isolation rooms. The site also houses Rees Skillern Cancer Institute and MaryEllen Locher Breast Cancer Center, where additional renovations were also completed to enhance patient access and operational efficiency across the campus. The Cancer Center includes a new waiting room, patient registration area, storage, stretcher alcove and a new southern entrance, while the physician office building features new administrative offices, an office for the director of nursing and a dedicated command center. Hoefer Welker…

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Cushman & Wakefield Brokers $7.4M Sale of Retail Center in Roswell, Georgia https://rebusinessonline.com/cushman-wakefield-brokers-7-4m-sale-of-retail-center-in-roswell-georgia/ Wed, 01 Apr 2026 13:06:10 +0000 https://rebusinessonline.com/?p=453568 ROSWELL, GA. — Cushman & Wakefield has brokered the $7.4 million sale of The Alstead Shops, an 11,200-square-foot retail center located at 2000 Holcomb Bridge Road in Roswell. The metro Atlanta property was delivered in 2024 and was fully leased at the time of sale to tenants including Wellstar Urgent Care, CityVet, Layne’s Chicken Fingers, The Great Greek Mediterranean Grill and The Human Bean. Margaret Jones and Lane Breedlove of Cushman & Wakefield represented the sellers, Mirabeland Investments and Concordia Properties in the transaction. The buyer was Manchester Capital Management.

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TruAmerica Purchases 20-Story Apartment High-Rise in Atlanta’s Buckhead District https://rebusinessonline.com/truamerica-purchases-20-story-apartment-high-rise-in-atlantas-buckhead-district/ Tue, 31 Mar 2026 14:11:54 +0000 https://rebusinessonline.com/?p=453502 ATLANTA — Los Angeles-based TruAmerica Multifamily has purchased The Tower on Piedmont, a 20-story high-rise apartment tower in Atlanta’s Buckhead district. The seller and sales price were not disclosed, but TruAmerica says that the previous owner invested $3 million in capital improvements at the 155-unit tower prior to the sale. Colleen Hendrix, Shea Campbell and Ashish Cholia of CBRE represented the seller in the transaction. Ryan Greer and Troy Tegeler of CBRE arranged an undisclosed amount of acquisition financing for TruAmerica. Completed in 2009, The Tower on Piedmont features high-end finishes and amenities, including a penthouse-level sky lounge with a catering kitchen, rooftop pool and sundeck, outdoor social lounge, fitness center and 24-hour concierge services. The acquisition grows TruAmerica’s metro Atlanta holdings to approximately 3,000 units (owned and managed). The buyer plans to further invest in upgrading the property’s amenities and common spaces.

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Omega Construction Breaks Ground on 801,000 SF Distribution Center in Macon, Georgia for Bob’s Discount Furniture https://rebusinessonline.com/omega-construction-breaks-ground-on-801000-sf-distribution-center-in-macon-georgia-for-bobs-discount-furniture/ Mon, 30 Mar 2026 13:35:55 +0000 https://rebusinessonline.com/?p=453399 MACON, GA. — Winston-Salem, N.C.-based Omega Construction has broken ground on an 801,000-square-foot warehouse and distribution facility for in Macon for Bob’s Discount Furniture. Situated roughly 85 miles southeast of Atlanta in Central Georgia, the facility will serve as a major logistics hub to support the retail furniture chain’s growth across the Southeast. Further details of the development were not disclosed. Needham, Mass.-based Onyx Partners is leading the development, with Omega Construction serving as the design-build general contractor, in partnership with Falcon Design Consultants, Atlas Collaborative and HGA. As of early 2026, Bob’s Discount Furniture operates more than 200 stores across the U.S.

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Landmark Properties Enters Seniors Housing Sector https://rebusinessonline.com/landmark-properties-enters-seniors-housing-sector/ Thu, 26 Mar 2026 13:21:46 +0000 https://rebusinessonline.com/?p=453197 ATHENS, GA. — Landmark Properties, an Athens-based residential developer primarily known for its nationwide portfolio of student housing communities, has announced its expansion into the seniors housing sector. The firm plans to pursue both ground-up development and acquisition opportunities in the senior living space. “Seniors housing sits at an attractive inflection point, having made a meaningful recovery from a unique black swan event and now exhibiting a pronounced supply-demand imbalance,” says Walt Templin, president and chief investment officer of Landmark. “This dynamic creates a compelling entry point for Landmark to leverage its vertically integrated platform.” Landmark has appointed Shashank Goel to lead the company’s entry into seniors housing. Goel will serve as senior director of U.S. seniors housing investment management. Goel, who has more than 10 years of experience in seniors housing, most recently served as assistant vice president at Harrison Street.

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