Georgia Archives - REBusinessOnline

Landmark Properties, Paceline Break Ground on 656-Bed Off-Campus Student Housing Community Near Kennesaw State University

Abby Cox — Tue, 30 Jun 2026 13:59:26 +0000

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.

The post Landmark Properties, Paceline Break Ground on 656-Bed Off-Campus Student Housing Community Near Kennesaw State University appeared first on REBusinessOnline.

Real Capital Solutions Acquires 101 Marietta Office Tower in Downtown Atlanta for $49.5M

John Nelson — Mon, 29 Jun 2026 12:24:00 +0000

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.

The post Real Capital Solutions Acquires 101 Marietta Office Tower in Downtown Atlanta for $49.5M appeared first on REBusinessOnline.

Scannell Properties to Develop 335-Acre Logistics Park Near Savannah

John Nelson — Wed, 24 Jun 2026 13:49:47 +0000

ELLABELL, GA. — Scannell Properties has plans to develop Ridgeway Logistics Park, a 335-acre industrial campus situated directly across from the Hyundai Motor Group Metaplant in Ellabell, a western suburb of Savannah in Bryan County. Situated adjacent to the new I-16 interchange and near the Port of Savannah, the industrial park can accommodate up to 4 million square feet of space at full build-out. Phase I of Ridgeway Logistics Park will comprise a 1.1 million-square-foot speculative facility featuring 40-foot clear heights, four drive-in doors, 234 dock positions, 45 dock packages and parking for 338 trailers and 350 cars. Scannell will begin site work this summer. Bill Sparks and Preston Andrews of CBRE are handling the park’s leasing assignment.

The post Scannell Properties to Develop 335-Acre Logistics Park Near Savannah appeared first on REBusinessOnline.

Burlington Debuts 2 MSF Distribution Center in Ellabell, Georgia

John Nelson — Tue, 23 Jun 2026 14:48:41 +0000

ELLABELL, GA. — National retailer Burlington Stores Inc. has opened a new 2 million-square-foot distribution center in Ellabell, about 27 miles west of Savannah in Bryan County. The facility, the first distribution center in Georgia for Burlington, is expected to generate 1,500 new jobs at full capacity. In addition to climate-controlled, automated distribution space, the property will offer 40,000 square feet of office space with a full-service cafeteria, fitness center, locker room with showers, meditation room, maternity room and meeting rooms. The retailer also recently broke ground on another nearly 2 million-square-foot distribution center earlier this year in Buckeye, Ariz., a suburb of Phoenix. The new distribution centers will support the retailer’s growing network of discount apparel stores. Burlington expects to open approximately 115 net new stores nationwide by the end of fiscal 2026, which ends Jan. 30, 2027. All new stores feature Burlington’s reimagined store layout.

The post Burlington Debuts 2 MSF Distribution Center in Ellabell, Georgia appeared first on REBusinessOnline.

Brook Farm, Manor Park to Develop 336-Unit Multifamily Community in Savannah

Abby Cox — Mon, 22 Jun 2026 13:28:35 +0000

SAVANNAH, GA. — Brook Farm Group and Manor Park Ventures will co-develop 675 Morgan, a 336-unit multifamily community located in the Savannah Highlands neighborhood. Upon completion, the project will feature 11 three-story buildings with one-, two- and three-bedroom floorplans. Amenities will include a resort-style swimming pool, clubhouse, 24-hour fitness center, walking trails, pickleball courts and a golf simulator. Ameris Bank, one of Brook Farm Group’s preferred lenders, provided construction financing for this transaction. The project team includes general contractor Summit Contracting Group.

The post Brook Farm, Manor Park to Develop 336-Unit Multifamily Community in Savannah appeared first on REBusinessOnline.

Trilogy Investment Receives Construction Loan for 122-Unit Townhome Development in Emerson, Georgia

Abby Cox — Mon, 22 Jun 2026 13:25:02 +0000

EMERSON, GA. — Trilogy Investment Co. has received a construction loan for the development of REV3 at Stars Way, a 122-unit build-to-rent (BTR) townhome community in Emerson, a city near the north Atlanta suburb of Cartersville. REV3 Homes, a division of Trilogy Investment Co., will serve as the general contractor for the project. Vertical construction is set to begin at the end of the month, while the first home deliveries are anticipated for late 2026. REV3 at Stars Way will feature modern townhomes with one-car garages and open-concept floorplans.

The post Trilogy Investment Receives Construction Loan for 122-Unit Townhome Development in Emerson, Georgia appeared first on REBusinessOnline.

Atlanta Multifamily: Liquidity Is Back, And the Supply Squeeze Is Next

John Nelson — Mon, 22 Jun 2026 11:42:00 +0000

Twenty-two apartment properties traded in metro Atlanta during the first quarter of 2026 for just over $1 billion, nearly double the $528 million that traded across 15 deals in first-quarter 2025. Our team’s current offerings are seeing tour volume of 30 to 40 prospects, which is up 20 percent from a couple years ago. We are also seeing 20 or more offers per property, and the quality of buyer has greatly improved — capital has stopped waiting for clarity and started competing for product. Liquidity rebounded in the Atlanta apartment market in 2025, and the supply-demand setup heading into 2027 is the reason institutional and private capital is moving now rather than later. Let’s start with the rebound. Across 2025, transaction count rose 31 percent, total dollar volume increased 18 percent and average cap rates tightened roughly 16 basis points. Buyers paid up for better-located, higher-quality assets and stayed disciplined on legacy unit-count metrics. The bid-ask gap that froze 2023 and most of 2024 finally closed, but on terms that rewarded specificity rather than just appetite. Sellers, for their part, have moved into a more pragmatic posture. A meaningful share of 2026 activity reflects fund-life timing decisions — sponsors that…

The post Atlanta Multifamily: Liquidity Is Back, And the Supply Squeeze Is Next appeared first on REBusinessOnline.

Logistics Property Co. Signs Two Tenants at Gainesville 85 Business Center in Northeast Georgia

John Nelson — Fri, 19 Jun 2026 13:23:40 +0000

GAINESVILLE, GA. — Industrial owner-operator Logistics Property Co. has signed two tenants to new leases at Gainesville 85 Business Center, an industrial park located in the I-985 Northeast Atlanta submarket. An undisclosed e-commerce company committed to 228,423 square feet of space at the building at 1900 Fulenwider Road, which is now fully leased, while a sustainable packaging manufacturer leased 66,960 square feet at 1950 Fulenwider Road. Todd Barton, Joanna Blaesing, Mark Hawks and Matt Higgins of CBRE represented the landlord in the lease negotiations. Tommy Hughes and Weston Gurr of Hughes Commercial and Rob Kruer, Tyler Logue, Nicholas Chang and Justin Kuehn of CBRE represented the tenants, respectively. Tim Evans and Ryan Jackson of the Greater Hall County Chamber of Commerce assisted in the negotiations.

The post Logistics Property Co. Signs Two Tenants at Gainesville 85 Business Center in Northeast Georgia appeared first on REBusinessOnline.

Pinnacle Financial Partners to Establish Corporate Headquarters at Office Tower in Midtown Atlanta

Hayden Spiess — Thu, 18 Jun 2026 11:30:00 +0000

ATLANTA — Pinnacle Financial Partners (NYSE:PNFP) has announced plans to establish a corporate headquarters at Ten Twenty Spring, a 525,000-square-foot office tower located in Midtown Atlanta. A partnership between locally based Portman and Perform Properties, a portfolio company of Blackstone Real Estate, developed the tower in 2024. Founded in 2000, Pinnacle offers a range of banking, investment, trust, mortgage and insurance products and services. The company merged with Synovus earlier this year. Pinnacle will occupy 165,000 square feet and have building signage at Ten Twenty Spring, which is situated within the Spring Quarter mixed-use district. The company will retain its bank headquarters in downtown Nashville and will relocate an estimated 400 team members to the new Atlanta office. Pinnacle’s existing footprint includes 46 locations in metro Atlanta. “We’re planting the flag for our new corporate headquarters in a building and neighborhood that match the energy we feel about our future and our opportunity for growth in Atlanta,” says Kevin Blair, president and CEO of Pinnacle. Stream Realty Partners represented the building ownership in the lease negotiations. CBRE represented Pinnacle, which plans to occupy its new space in the second half of 2027. Consulting giant EY also recently signed a lease at Ten…

The post Pinnacle Financial Partners to Establish Corporate Headquarters at Office Tower in Midtown Atlanta appeared first on REBusinessOnline.

Newmark Arranges $53M Refinancing for American Hotel Atlanta Downtown

John Nelson — Tue, 16 Jun 2026 14:01:23 +0000

ATLANTA — Newmark has arranged a $53 million loan for the refinancing of The American Hotel Atlanta Downtown, a 315-room hotel located at 160 Ted Turner Drive NW in downtown Atlanta. The property dates back to 1962 as downtown Atlanta’s first integrated hotel and today is affiliated with Hilton’s Tapestry Collection. Chris Kramer, Tyler Dumon, Tate Keir and Jordan Roeschlaub of Newmark arranged the loan through Structured Hotel Capital on behalf of the borrower, locally based The RADCO Cos. The owner recently executed an $11.3 million renovation for The American Hotel Atlanta Downtown’s guestrooms, public spaces, food-and-beverage options and amenities, which includes a fitness center, outdoor pool and 13,300 square feet of event space. The hotel is situated within close proximity to the Georgia World Congress Center, Centennial Olympic Park, Mercedes-Benz Stadium, State Farm Arena, the Georgia Aquarium, College Football Hall of Fame and the World of Coca-Cola.

The post Newmark Arranges $53M Refinancing for American Hotel Atlanta Downtown appeared first on REBusinessOnline.

Atlanta Office Market’s Rebound Yields Positive Outlook

John Nelson — Mon, 15 Jun 2026 11:45:00 +0000

Atlanta’s office market has begun a new phase of stabilization, recovery and momentum. Following years of workplace adjustments brought on by the pandemic, real-time market data now points to a steady and sustained comeback. Companies are expanding their office footprints and establishing return-to-office (RTO) policies that are bringing employees back together. Whether you are a local resident noticing busier morning commutes or a business owner curious about the local economy, current real estate trends offer a fascinating look at where Atlanta is heading. Statewide momentum Georgia continues to prove its status as a top destination for business recruitment and organic growth. Atlanta acts as the central engine, supported by a highly skilled workforce and a welcoming business climate, which supports the health of the local office market. Recent high-profile corporate announcements highlight this momentum. For example, healthcare technology company Glytec recently announced plans to relocate its global headquarters to the Northwest Atlanta submarket. This major move will bring 500 new jobs to the metro area. Other significant commitments include UCB’s massive investment to establish its first United States manufacturing facility and Yamaha Motor Co.’s decision to relocate its national headquarters to Atlanta, not to mention Rivian’s ongoing growth in the…

The post Atlanta Office Market’s Rebound Yields Positive Outlook appeared first on REBusinessOnline.

Cushman & Wakefield Arranges $83.8M in Acquisition Financing for 11-Building Industrial Portfolio in Metro Atlanta

Abby Cox — Fri, 12 Jun 2026 13:15:27 +0000

ATLANTA — Cushman & Wakefield has arranged $83.3 million in financing for the acquisition of an 11-building industrial portfolio located in metro Atlanta. Gideon Gil, Taylor Geiger, Cecelia Galligan and Crawford Bundy of Cushman & Wakefield arranged the floating-rate loan through Argenti on behalf of the borrower, Arden Logistics Parks. Stewart Calhoun, Casey Masters and Drew Stanford, also with Cushman & Wakefield, represented the sellers, Onward Investors and Prospect Ridge, in the transaction. The 658,550-square-foot portfolio includes:

The post Cushman & Wakefield Arranges $83.8M in Acquisition Financing for 11-Building Industrial Portfolio in Metro Atlanta appeared first on REBusinessOnline.

Allen Morris Co. Receives $113.7M Loan for Refinancing of Office Tower at Star Metals District in Atlanta

Abby Cox — Fri, 12 Jun 2026 11:45:00 +0000

ATLANTA — Allen Morris Co., a mixed-use developer based in Coral Gables, Fla., has received a $113.7 million loan from Mexico-based Banco Inbursa for the refinancing of Star Metals Offices, a 267,000-square-foot office tower in Atlanta’s West Midtown neighborhood. The transaction will retire the existing construction loan provided by Bank OZK and Barings. “This refinancing is a testament to the quality and curation of what we have built at Star Metals Offices,” says Spencer Morris, president of Allen Morris Co. “Securing this financing package from Banco Inbursa — an institution that has become one of the most active and discerning real estate lenders in the country — reflects the caliber of our tenants, our retail program and the broader Star Metals District vision.” The 15-story office tower, which is 97 percent leased, opened in July 2021 and is the centerpiece of the $1.5 billion Star Metals District development. Tenants include Outreach, a new-to-market tech company; Nike’s regional technology hub; Signature, a leading coworking group; PrizePicks; Nelson Architecture; Brand Apart; PagerDuty; Sovos; and BMI, among others. Designed by Oppenheim Architecture and Warner Summers Architecture, Star Metals Offices features exterior balconies on each level, as well as a coffee shop, outdoor lounges/workspaces, a 5,000-square-foot rooftop restaurant…

The post Allen Morris Co. Receives $113.7M Loan for Refinancing of Office Tower at Star Metals District in Atlanta appeared first on REBusinessOnline.

Stratus Development Breaks Ground on 411-Bed Student Housing Project Near University of Georgia

John Nelson — Thu, 11 Jun 2026 14:18:01 +0000

ATHENS, GA. — Stratus Development has broken ground on Phase II of Puritan Mill, which will offer 411 student housing beds near the University of Georgia campus in Athens. The community will feature townhomes in two-, three- and four-bedroom configurations. Shared amenities are set to include a dog park, nature trails, pickleball courts and shuttle service to campus. The development will combine amenity spaces with the existing initial phase of the project, which includes a second dog park, fitness center, clubhouse, study and meeting rooms and a resort-style pool. The development is scheduled for completion in fall 2027.

The post Stratus Development Breaks Ground on 411-Bed Student Housing Project Near University of Georgia appeared first on REBusinessOnline.

Rayonier Signs 36,000 SF Office Lease in Atlanta for New Corporate Headquarters

John Nelson — Thu, 11 Jun 2026 14:16:19 +0000

ATLANTA — Rayonier Inc., a publicly traded land resources REIT, has signed a lease to occupy 36,000 square feet at Terminus 100, a mixed-use tower in Atlanta’s Buckhead district. Set to open in 2027, Rayonier’s office will serve as the company’s new headquarters following the closing of its merger with PotlatchDeltic Corp., a forest products manufacturer based in Spokane, Wash. Rayonier plans to keep an office presence in Spokane and Wildlight, Fla., following its corporate relocation to Atlanta. JLL represented the tenant in the lease negotiations and will serve as Rayonier’s property manager for its new office build-out at Terminus 100. Other project team members include ASD| SKY (interior designer) and rand* construction (general contractor). Cousins Properties is the landlord of Terminus 100, where Rayonier will occupy one-and-a-half floors.

The post Rayonier Signs 36,000 SF Office Lease in Atlanta for New Corporate Headquarters appeared first on REBusinessOnline.

JLL Negotiates 691,667 SF Industrial Lease in Adairsville, Georgia

John Nelson — Thu, 04 Jun 2026 15:53:21 +0000

ADAIRSVILLE, GA. — JLL has arranged a 691,667-square-foot, full-building lease at International Commerce Center, an industrial facility located northwest of Atlanta in Adairsville. The tenant is Pactra USA Inc., a third-party logistics firm and the U.S. subsidiary of South Korean company Pactra. Ben Pridemore and Ryan Hoyt of JLL represented the tenant in the lease negotiations. Matt Wirth and Scott Plomgren of BroadPoint Partners represented the landlord, Houston-based Welcome Group. International Commerce Center features 40-foot clear heights, 124 dock-high doors, four drive-in doors, 190-foot truck courts, 388 auto parking spaces and 254 trailer parking spaces. The property includes proximity to the I-75 corridor and the Appalachian Regional Port.

The post JLL Negotiates 691,667 SF Industrial Lease in Adairsville, Georgia appeared first on REBusinessOnline.

Hunt Midwest Enters Georgia With 1.9 MSF Industrial Development Near Port of Savannah

John Nelson — Wed, 03 Jun 2026 14:02:11 +0000

BLOOMINGDALE, GA. — Hunt Midwest, a premier development firm based in Kansas City, plans to enter Georgia with its new Hunt Crossroads Commerce Center project. The 1.9 million-square-foot industrial development will be located in Bloomingdale, a city near the Port of Savannah. The project will sit on 280 acres at the northwest corner of I-16 and Jimmy DeLoach Parkway. The six planned buildings will have build-to-suit and flexible leasing options for users ranging from 100,000 to 427,680 square feet. Hunt Midwest has begun the first phase of infrastructural work and plans to break ground soon on Building I, a 318,367-square-foot, rear-load building that is scheduled to open in second-quarter 2027. The developer has tapped Bill Sparks and Preston Andrews of CBRE to handle leasing at Hunt Crossroads Commerce Center.

The post Hunt Midwest Enters Georgia With 1.9 MSF Industrial Development Near Port of Savannah appeared first on REBusinessOnline.

BKM, Kayne Anderson Acquire 8.5 MSF Light Industrial Portfolio for $1.8B

Kristin Harlow — Wed, 03 Jun 2026 12:00:00 +0000

NEWPORT BEACH, CALIF. AND BOCA RATON, FLA. — BKM Capital Partners and Kayne Anderson Real Estate have acquired an 8.5 million-square-foot light industrial portfolio from Link Logistics for $1.8 billion. The portfolio includes 51 multi-tenant properties across markets in California, Washington, Texas and Georgia. The deal marks the largest light industrial transaction since 2022, according to the joint venture partners, which now maintain roughly 15 million square feet of multi-tenant light industrial assets under management. The portfolio is approximately 90 percent occupied and consists of nearly 2,000 units across 275 buildings, all located in infill submarkets within high-growth metropolitan areas. “At Kayne Anderson Real Estate, we continue to focus on sectors where we see durable demand drivers and the opportunity to create value through scale, vertical integration and operational expertise,” says Al Rabil, co-founder and CEO of Kayne Anderson Real Estate. “Multi-tenant light industrial remains a highly fragmented segment with compelling fundamentals.” “This acquisition marks the largest addition to BKM’s platform to date and is representative of the strategy we have deployed in the multi-tenant light industrial space for years,” says Brian Malliet, founder, CEO and chief investment officer of BKM. “It not only underscores the importance of deep operating…

The post BKM, Kayne Anderson Acquire 8.5 MSF Light Industrial Portfolio for $1.8B appeared first on REBusinessOnline.

Omnissa Inks 56,202 SF Office Lease at Former IBM Campus in Sandy Springs, Georgia

Abby Cox — Mon, 01 Jun 2026 14:03:16 +0000

SANDY SPRINGS, GA. — Omnissa, a Mountain View, Calif.-based enterprise software company, has signed on as the first major tenant at The Barfield, a two-building, 236,191-square-foot office complex in the Atlanta suburb of Sandy Springs. Beginning next summer, Omnissa will occupy the entire 56,202-square-foot third floor at the former IBM campus. Drawbridge Realty has owned the campus since 2015. Originally a build‑to‑suit development for an IBM subsidiary, the property has never been available for lease since it was developed. The Barfield is undergoing a $10 million repositioning program. Earlier this year, Drawbridge completed the first phase, which included Wi‑Fi‑enabled terrace lounges, outdoor basketball and pickleball courts, a bee sanctuary and a redesigned entry plaza with collaborative seating. The design team at ASD|Sky has created a second phase of interior improvements that features a grand staircase connecting the lobby to a café, social lounge, gaming area and a fitness center, as well as a yoga studio, locker rooms and showers. Along with a connected six-story parking garage, the campus also includes a 50,400-square-foot building leased to Children’s Healthcare of Atlanta and Aspen University. Jeff Bellamy of JLL represented Drawbridge Realty in the lease negotiations. Nima Ghomghani and Paul Holmes of CBRE represented…

The post Omnissa Inks 56,202 SF Office Lease at Former IBM Campus in Sandy Springs, Georgia appeared first on REBusinessOnline.

Marcus & Millichap Brokers Sale of Restaurant in Buford, Georgia Leased to Whataburger

John Nelson — Thu, 28 May 2026 14:23:48 +0000

BUFORD, GA. — The Taylor McMinn Retail Group of Marcus & Millichap has brokered the sale of a restaurant in Buford, a northeast suburb of Atlanta in Gwinnett County. Whataburger occupies the restaurant on a 15-year ground lease that features 10 percent rent increases in the initial term and extension options. The popular burger chain recently backfilled the restaurant vacated by an unnamed tenant. Don McMinn and Andrew Koriwchak of Taylor McMinn Retail Group brokered the sale on behalf of the seller, a developer that is a repeat client for Whataburger. The out-of-state buyer purchased the restaurant in an all-cash 1031 exchange. “Despite challenges with the higher price point, our team sourced an all-cash, out-of-state, 1031 buyer through our national reach and buyer relationships,” says McMinn. “This is our fifth Whataburger sale in Atlanta, and we have additional Atlanta product for sale.”

The post Marcus & Millichap Brokers Sale of Restaurant in Buford, Georgia Leased to Whataburger appeared first on REBusinessOnline.