Georgia Archives - 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.

American Landmark Acquires 400-Unit Apartment Community in Buford, Georgia

John Nelson — Wed, 27 May 2026 13:49:37 +0000

BUFORD, GA. — American Landmark Apartments has acquired Preserve at Mill Creek, a 400-unit multifamily community located at 1400 Mall of Georgia Blvd. in Buford, a northeast suburb of Atlanta. The seller and sales price were not disclosed. Built in 2001, Preserve at Mill Creek is situated near the Mall of Georgia, I-85 and Ga. Highway 20. The property features one-, two- and three-bedroom apartments, as well as a swimming pool, fitness center, courtyard and a clubhouse. The acquisition grows American Landmark’s metro Atlanta portfolio to nine properties.

The post American Landmark Acquires 400-Unit Apartment Community in Buford, Georgia appeared first on REBusinessOnline.

PNK Group Begins Construction on 1 MSF Industrial Facility in Griffin, Georgia

John Nelson — Tue, 26 May 2026 14:00:31 +0000

GRIFFIN, GA. — PNK Group has begun construction on PNK Griffin 200, a 1 million-square-foot speculative industrial facility located at 35 S. McDonough Road in Griffin, about 38 miles south of Atlanta. The property will be developed using PNK Group’s prefabricated Building Assembly Set (BAS) technology and will feature 40-foot clear heights, 194 dock doors, four drive-in doors, a 185-foot truck court, 245 trailer parking spaces and 480 car parking spaces. PNK Griffin 200 is PNK Group’s second project in the industrial park as the New York-based developer recently delivered a 306,000-square-foot build-to-suit facility for Rinnai America Corp.

The post PNK Group Begins Construction on 1 MSF Industrial Facility in Griffin, Georgia appeared first on REBusinessOnline.

Dominium Acquires Affordable Seniors Housing Community in Duluth, Georgia, Plans $9.9M Renovation

Abby Cox — Fri, 22 May 2026 14:09:40 +0000

DULUTH, GA. — Dominium has acquired Sweetwater Terraces, a 165-unit affordable seniors housing community located in Duluth, a northeast suburb of Atlanta. The property was originally developed in 2008 under the Low-Income Housing Tax Credit (LIHTC) program. Dominium has planned a $9.9 million renovation of the property to include updates to roofing, siding and unit interiors, as well as the clubhouse and amenity spaces. The Plymouth, Minn.-based affordable housing developer and investor plans to preserve the affordability status of Sweetwater Terraces during its ownership period. The four-story residential community comprises studio, one-, two- and three-bedroom apartments ranging in size from 496 to 1,158 square feet, according to Apartments.com. Amenities include a community garden, fitness center, salon and shuffleboard courts.

The post Dominium Acquires Affordable Seniors Housing Community in Duluth, Georgia, Plans $9.9M Renovation appeared first on REBusinessOnline.

Portman Acquires 73-Story Westin Peachtree Plaza Hotel in Downtown Atlanta from Marriott

John Nelson — Fri, 22 May 2026 12:00:00 +0000

ATLANTA — Portman has acquired the Westin Peachtree Plaza, a 73-story, cylindrically shaped hotel in downtown Atlanta. Marriott International Inc. (NASDAQ: MAR) sold the 1,073-room, full-service hotel but will continue to operate it under Portman’s ownership. “Marriott International has maintained a strong, long-standing relationship with Portman, and we are confident in their ability to realize the full potential of the iconic Westin Peachtree Plaza in the years ahead,” says Cameron Read, CFO for the United States and Canada at Marriott International. “We look forward to continuing to work closely with Portman through our ongoing management of the hotel.” Portman, a real estate development, investment and management firm based in Atlanta, purchased the hotel via its Portman Hospitality Fund I LP. The sales price was not disclosed. The acquisition was a full-circle moment for Portman as Westin Peachtree Plaza was delivered in 1976 by John C. Portman Jr., founder of the Portman company and a world-renowned architect best known for designing high-end, futuristic hospitality properties. His work includes designing the Atlanta and New York Marriott Marquis hotels; Renaissance Center, Detroit; Hyatt Regency San Francisco; Portman Ritz-Carlton Shanghai; and the Westin Bonaventure Hotel & Suites Los Angeles, among others. “Hospitality is in Portman’s…

The post Portman Acquires 73-Story Westin Peachtree Plaza Hotel in Downtown Atlanta from Marriott appeared first on REBusinessOnline.

Basis Industrial Acquires Metro Atlanta Portfolio for $89.5M

John Nelson — Wed, 20 May 2026 12:13:37 +0000

ATLANTA — Basis Industrial has purchased a 25-building portfolio of shallow-bay facilities in metro Atlanta for $89.5 million. The portfolio features 18 buildings in Stone Mountain and seven assets in Tucker totaling more than 620,000 square feet. The properties were occupied by 119 tenants at the time of sale with a weighted average lease term of 2.2 years. Middour Investments sold the portfolio to Basis Industrial, growing the firm’s Atlanta-area holdings to 1.2 million square feet. Bank of Montreal provided an undisclosed amount of acquisition financing to the buyer. Jake Zebede and Kevin Gonzaelez of Trustone Realty Advisors brokered the transaction.

The post Basis Industrial Acquires Metro Atlanta Portfolio for $89.5M appeared first on REBusinessOnline.

Woodfield Tops Out 325-Unit Apartment Community in Atlanta

John Nelson — Tue, 19 May 2026 13:35:16 +0000

ATLANTA — Woodfield Development has topped out Woodrow House, a 325-unit apartment community located at 840 Woodrow St. SW in Atlanta. The property sits along the Westside Trail of the Atlanta Beltline, a 22-mile urban trail loop in Atlanta. The developer has begun leasing units at Woodrow House, with monthly rental rates ranging from $1,300 to $3,000. The property will comprise mid-rise apartment buildings, two-story live-work units and townhomes, as well as over 12,000 square feet of retail space facing a new spur of the Beltline. Sixty-six of the units will be reserved as workforce housing. Amenities will include a resort-style pool with outdoor lounge areas and grilling stations; sky deck; fitness center; coworking spaces, including a private conference room and dedicated creator studio; and a dog park and pet spa. The project team includes Fortune Johnson (general contractor), Dynamik Design (architect), Krywicki Interior Design (interior design) and Kimley-Horn (civil engineer and landscape architect). Initial townhome deliveries are expected in July, with the first multifamily units anticipated in September, according to Woodfield.

The post Woodfield Tops Out 325-Unit Apartment Community in Atlanta appeared first on REBusinessOnline.

JLL Inks 70,000 SF of New Leases at Westside Paper Adaptive Reuse Development in Atlanta

Abby Cox — Mon, 18 May 2026 13:45:19 +0000

ATLANTA — JLL has inked five new leases totaling 70,000 square feet at Westside Paper, a 15-acre adaptive reuse development located along the Atlanta BeltLine. Packsize, an on-demand packaging and automation company, signed a lease for 30,000 square feet. Construction Resources, which is owned by The Home Depot, is adding to their existing 50,000-square-foot showroom with a 23,000-square-foot office lease for its new headquarters. Disguise, a global visual experience technology company, will occupy 10,000 square feet, while Luxe Bridal will occupy 3,000 square feet. In the past 20 months, 180,000 square feet of new leases have been signed at Westside Paper. The project is now 75 percent occupied. Andrew Walker and Lauren Curran of Colliers represented Disguise; Jeremy Krause and Ben Kronman of CBRE represented Packsize; and Jeff Pollock of Pollock Commercial represented Luxe Bridal. David Horne, Caroline Fisher and Randy Joering of JLL represented ownership for the office lease negotiations, while Shelbi Bodner of Bridger Properties represented ownership for the retail leases. Developed and owned by FCP, a subsidiary of Federated Hermes Inc., and Atlanta-based Westbridge, Westside Paper is a 70-year-old former industrial warehouse that spans 245,000 square feet of mixed-use space.

The post JLL Inks 70,000 SF of New Leases at Westside Paper Adaptive Reuse Development in Atlanta appeared first on REBusinessOnline.

Ardent Signs Sprouts Farmers Market to Anchor Crossroads Shopping Center in Savannah

Abby Cox — Mon, 18 May 2026 13:41:12 +0000

SAVANNAH, GA. — The Ardent Cos. has signed Sprouts Farmers Market to anchor Crossroads Shopping Center, a 92,000-square-foot retail center located in Savannah. Ardent will redevelop 28,000 square feet for the addition of Sprouts Farmers Market, as well as a second retail suite. In addition to repositioning the tenant mix, the Atlanta-based real estate firm will also upgrade the property’s façade. Demolition is expected to begin this summer, with a targeted opening in 2027. The development marks Sprouts Farmers Market’s first location in Savannah.

The post Ardent Signs Sprouts Farmers Market to Anchor Crossroads Shopping Center in Savannah appeared first on REBusinessOnline.

Two Tenants Join Pennant Park Office Campus Near Atlanta Braves Stadium

Abby Cox — Mon, 18 May 2026 13:35:00 +0000

ATLANTA — Two tenant have joined the tenant roster at Pennant Park, a six-building, 763,465-square-foot office complex located adjacent to The Battery Atlanta, the mixed-use village surrounding Truist Park, the home ballpark of the Atlanta Braves. Chattanooga College, a for-profit post-secondary institution, has signed an 11-year lease for 27,000 square feet, while parking garage operator LAZ Parking has signed a 10-year, 5,700-square-foot office lease that will serve as its regional headquarters. Both tenants will occupy space in the 360 Building at Pennant Park. Atlanta Braves Holdings Inc. — owner and operator of the Atlanta Braves MLB team, the Battery Atlanta mixed-use development and Truist Park — purchased Pennant Park in April 2025.

The post Two Tenants Join Pennant Park Office Campus Near Atlanta Braves Stadium appeared first on REBusinessOnline.

CBRE Arranges 40,000 SF Office Lease at Tower Square in Midtown Atlanta

Abby Cox — Fri, 15 May 2026 13:16:24 +0000

ATLANTA — CBRE has arranged a 40,000-square-foot office lease at Tower Square, a 1.5 million-square-foot office complex located at 675 W. Peachtree St. in Midtown Atlanta. The tenant, locally based medical imaging technology company OXOS, is relocating from its nearby headquarters at 1100 Peachtree. This transaction marks the first lease at Tower Square since AT&T vacated the 45-story building in 2020. Tower Square underwent a comprehensive repositioning following AT&T’s departure, including a renovated lobby, an activated 28,000-square-foot outdoor plaza and the buildout of The Exchange at Tower Square, a 75,000-square-foot retail and patio complex that includes tenants such as Planet Fitness, Five Iron Golf and onsite dining options. In addition, Tower Square is Midtown’s only office building with direct in-building access to MARTA. Jessica Doyle and Graham Little of CBRE represented the landlord, Icahn Enterprises, in the transaction. Chris Campbell of Cecil Campbell Real Estate represented the tenant.

The post CBRE Arranges 40,000 SF Office Lease at Tower Square in Midtown Atlanta appeared first on REBusinessOnline.

Campus Apartments Acquires 546-Bed Student Housing Community Near Georgia Southern University

John Nelson — Wed, 13 May 2026 12:07:00 +0000

STATESBORO, GA. — Campus Apartments has acquired Monarch 301, a 546-bed student housing community located near the Georgia Southern University campus. Located along Main Street in Statesboro, the garden-style property offers 180 units in a mix of one-, two- and four-bedroom configurations. Shared amenities include a 24-hour fitness center, resort-style pool, study spaces and resident lounges. The seller and terms of the transaction were not released. The new ownership plans to upgrade the property’s high-speed internet imminently through a partnership with Campus Technologies Inc.

The post Campus Apartments Acquires 546-Bed Student Housing Community Near Georgia Southern University appeared first on REBusinessOnline.

Marcus & Millichap Brokers Sale of Retail Property in McDonough, Georgia Leased to Heartland Dental

Abby Cox — Fri, 08 May 2026 14:15:25 +0000

MCDONOUGH, GA. — Marcus & Millichap’s Taylor McMinn Retail Group has brokered the sale of a freestanding retail property in McDonough, a southern suburb of Atlanta. Heartland Dental occupies the building, which was built in 2023, on a 10-year corporate lease that features 10 percent rent increases in the initial term and extension options. Don McMinn and Andrew Koriwchak of Taylor McMinn represented the seller, a preferred developer for Heartland Dental. The out-of-state, all-cash buyer purchased the property for an undisclosed price. Both parties requested anonymity. “Despite some challenges with the higher price point and double net lease, we sourced an all-cash 1031 exchange buyer through our national platform and buyer network,” says McMinn. “This deal is further evidence of the expanding 1031 buyer pool pursuing quality net lease assets in strong markets like Atlanta.”

The post Marcus & Millichap Brokers Sale of Retail Property in McDonough, Georgia Leased to Heartland Dental appeared first on REBusinessOnline.

Choate Construction to Relocate Atlanta Office to 57,000 SF Space at Terraces in Central Perimeter

John Nelson — Wed, 06 May 2026 14:19:16 +0000

ATLANTA — Choate Construction has signed a lease to relocate its corporate headquarters to Terraces, a 1 million-square-foot office campus in Atlanta’s Central Perimeter submarket. The locally based general contractor will move its more than 200 employees to the two-building campus in first-quarter 2027. The 57,000-square-foot lease brings Terraces to 80 percent occupancy. Brooke Dewey and Glenn Aspinwall of JLL represented the landlord, MetLife Investment Management, which manages Terraces on behalf of an undisclosed client. Jeff Heller and John Winter of Stream Realty Partners represented Choate Construction. Smallwood is providing interior design services for the tenant’s new space, as well as branding and graphic design services.

The post Choate Construction to Relocate Atlanta Office to 57,000 SF Space at Terraces in Central Perimeter appeared first on REBusinessOnline.

Newmark Arranges 40,124 SF Office Lease at 1375 Peachtree in Midtown Atlanta

John Nelson — Wed, 29 Apr 2026 13:30:23 +0000

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.

The post Newmark Arranges 40,124 SF Office Lease at 1375 Peachtree in Midtown Atlanta appeared first on REBusinessOnline.

JLL Arranges $35.7M in Financing for Seven-Building Industrial Complex in Atlanta

Abby Cox — Mon, 27 Apr 2026 14:25:57 +0000

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.

The post JLL Arranges $35.7M in Financing for Seven-Building Industrial Complex in Atlanta appeared first on REBusinessOnline.