Thursday, January 29, 2026
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GeorgiaLeasing ActivityRetailSoutheast

Halpern Signs Ulta Beauty to Retail Lease at 128,730 SF Shopping Center in Calhoun, Georgia

by John Nelson

CALHOUN, GA. — Halpern Enterprises has signed Ulta Beauty to an 8,514-square-foot lease at Indian Hills, a 128,730-square-foot shopping center located at 429 Highway 53 E in Calhoun, about 65 miles northwest of Atlanta. Shelley Jordan Bell of Atlantic Realty represented Ulta Beauty in the lease transaction. Dan Gagne of Halpern represented the landlord internally. The Atlanta-based landlord also recently executed a 23,000-square-foot lease with Marshalls to anchor the center. Situated within a half-mile of I-75, Indian Hills was 98 percent leased to tenants including Tractor Supply Co., Ross Dress for Less, Five Below, Mattress Firm, Hibbett Sports, GNC, PT Solutions, Cato and The UPS Store. The shopping center also features separately owned parcels occupied by Taco Bell, Chick-fil-A and Captain D’s.

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DevelopmentMultifamilyNorth CarolinaSoutheast

Riverside, Woodfield Top Out 42-Story Apartment Tower in Charlotte

by John Nelson

CHARLOTTE, N.C. — Riverside Investment & Development and Woodfield Development have topped out a 42-story apartment tower in Charlotte. Goettsch Partners served as the architect and Clark Construction Group served as the general contractor for the 409-unit property, which is the multifamily component of the Queensbridge Collective mixed-use development. The development also includes a 35-story office tower, nearly 30,000 square feet of retail space and more than 90,000 square feet of indoor/outdoor amenity space, including more than two acres of indoor and outdoor fitness, recreation and entertainment spaces. Charlotte-based Night Swim Coffee is scheduled to open later this year on the ground floor of the apartment tower, and Denver-based steakhouse Guard and Grace will debut its 10,224-square-foot venue on the 10th floor in mid-2026. Riverside and Woodfield broke ground on Queensbridge Collective in May 2023 and plan to fully deliver the project in 2027.

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DevelopmentGeorgiaMixed-UseMultifamilySoutheast

High Street Residential Breaks Ground on 350-Unit Apartment Community in Brookhaven, Georgia

by John Nelson

BROOKHAVEN, GA. — High Street Residential, a subsidiary of Trammell Crow Co., has broken ground on Residences at Perimeter Summit, a 350-unit apartment community located at 1251 Perimeter Summit Parkway in Brookhaven. Situated approximately nine miles from Midtown Atlanta, the seven-story apartment community will serve as a pillar of Perimeter Summit, a 1.7 million-square-foot mixed-use campus that also includes offices, shops, restaurants, a 182-room hotel and condominiums. Spear Street Capital is heading the office development at Perimeter Summit and recently partnered with STHRN Hospitality to add two new restaurants set to open this year: The Little Gem and Pizza Stop. Residences at Perimeter Summit will include a mix of studio, one-, two- and three-bedroom apartments with an average unit size of more than 900 square feet. Community amenities will include a resort-style pool, three courtyards, 1,200-square-foot speakeasy lounge, fitness center, clubroom, coworking center, private conference and study rooms, tasting room, pet spa, golf simulator, wellness sauna and access to walking trails and two MARTA stations. The design-build team includes architect Cooper Carry and general contractor New South Construction. The construction timeline was not disclosed.

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AcquisitionsKentuckyLoansSoutheastStudent Housing

Pearlmark Provides Mezzanine Loan for 534-Bed Student Housing Property Near Western Kentucky University

by John Nelson

BOWLING GREEN, KY. — Pearlmark has provided a mezzanine loan for the acquisition of Midtown at WKU, a 534-bed student housing community located adjacent to Western Kentucky University in Bowling Green. Eagle Realty Group provided the senior loan on behalf of the borrower, ABCampus. Greg Young of Colliers Mortgage arranged the financing. Located on Center Street, Midtown at WKU features 189 units with bed-to-bath parity, as well as an amenity package that includes a fitness center, rooftop pool, study center, 24-hour maintenance staff, courtyard, clubhouse and private study rooms.

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AcquisitionsGeorgiaRestaurantRetailSoutheast

Marcus & Millichap Brokers Sale of New Restaurant in Buford, Georgia Leased to Arby’s

by John Nelson

BUFORD, GA. — Marcus & Millichap’s Taylor McMinn Retail Group has brokered the sale of a newly built restaurant located at 4996 Lanier Islands Parkway in Buford, a northeast suburb of Atlanta. Quick-service restaurant chain Arby’s has a 15-year ground lease at the restaurant, which was delivered last year at the entrance of a 1.1 million-square-foot Amazon fulfillment center. The Arby’s restaurant sits on 1.6 acres and totals 2,577 square feet in size. Don McMinn and Andrew Koriwchak of Taylor McMinn Retail Group represented the seller, a developer based in Florida, in the transaction. The buyer was a 1031 exchange investor based in California. The names of the buyer and seller were not released, along with the sales price. “This was part of a multi-parcel development we are marketing in Buford,” says McMinn. “We first sold a Whataburger and now the Arby’s, and in both cases we were able to leverage our national platform and local reach to generate strong interest and multiple cash offers.”

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Leasing ActivityMixed-UseOfficeSoutheastVirginia

Comstock Signs Insurance Firm to 32,000 SF Office Lease at Reston Station in Northern Virginia

by John Nelson

RESTON, VA. — Comstock Holding Cos. Inc. has signed FM Global, an international commercial property insurance and loss prevention firm, to a 32,000-square-foot office lease in Northern Virginia. The tenant will occupy space at 1906 Reston Metro Plaza, an office building within the 90-acre Reston Station mixed-use development. FM Global is joining other Reston Station tenants including Google, ICF International and Spotify. Last month, Comstock signed CARFAX to lease 87,000 square feet at 1906 Reston Metro Plaza, which will serve as the automobile history reporting platform’s corporate headquarters.

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District of ColumbiaFeaturesLoansMultifamilySoutheastSoutheast Feature Archive

MBA: Commercial, Multifamily Loan Volume to Increase 16 Percent in 2025

by John Nelson

WASHINGTON, D.C. — The Mortgage Bankers Association (MBA) is forecasting that total commercial and multifamily mortgage borrowing and lending will rise to $583 billion in 2025, which is a 16 percent increase from 2024’s estimated total of $503 billion. The Washington, D.C.-based organization made the announcement at its 2025 Commercial/Multifamily Finance Convention and Expo (CREF) event taking place in San Diego. Multifamily lending, which is calculated into the total figure, is expected to rise to $361 billion in 2025 — also a 16 percent increase from last year’s estimate of $312 billion. MBA anticipates originations in 2026 will increase to $709 billion in total commercial real estate lending, with $419 billion of that allocated to multifamily lending. “Given the strong pickup in origination activity at the end of 2024, it appears that at least some borrowers and lenders are ready to move,” said Mike Fratantoni, MBA’s senior vice president and chief economist. “MBA is forecasting that interest rates are going to stay within a trading range for the next few years. We expect an increase in originations across property types and capital sources, but certainly recognize the additional challenges posed by the large number of loans scheduled to mature in …

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DevelopmentMultifamilySoutheastTennessee

Joint Venture Tops Off 16-Story Society Nashville Apartment Tower

by John Nelson

NASHVILLE, TENN. — A joint venture between Property Markets Group (PMG), New Valley Realty and RMWC has completed vertical construction on Society Nashville, a 16-story apartment tower project located in the city’s Gulch neighborhood. Upon completion, the development will offer 502 residential units. Units will include a blend of traditional apartments in studio, one-, two- and three-bedroom layouts, as well as a small number of co-living “rent-by-bedroom” options. Designed by Baker Barrios Architects, Society Nashville will also feature 8,400 square feet of retail space and 485 parking spaces. Amenities at the building will include a pool deck, fitness center, coworking spaces, music room and rooftop sky deck. In 2022, the developers received a $162 million construction loan from Square Mile Capital for the project. CrowdStreet also provided $35 million in equity.

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DevelopmentGeorgiaMixed-UseMultifamilyRetailSoutheast

Branch Receives City Council Approval for Lakeshore Mall Redevelopment in Gainesville, Georgia

by John Nelson

GAINESVILLE, GA. — Atlanta-based Branch Properties has received civic approval for the redevelopment of Lakeshore Mall, a former shopping mall in Gainesville that opened in 1970. Gainesville City Council unanimously approved the developer’s vision for a 49-acre mixed-use redevelopment that was announced this past fall. Branch plans to break ground on the redevelopment in late 2026 and wrap up construction in 2028. Located between Lake Lanier and I-985, the new Lakeshore Mall project will usher in 652 multifamily residences, 38,200 square feet of community green space and more than 300,000 square feet of retail space, including existing anchors Belk and Dick’s Sporting Goods, both of which will remain open during the redevelopment. Dick’s will relocate to a new store within the redevelopment. Len Erickson of Franklin Street is leading the project’s retail leasing component with Branch. Future plans for the project could include a hotel and townhomes.

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DevelopmentFloridaMultifamilySoutheast

Forman Capital Provides $53.7M Construction Loan for Multifamily Project in Hollywood, Florida

by John Nelson

HOLLYWOOD, FLA. — Forman Capital has provided a $53.7 million construction loan for Caltopia, a new multifamily development in the South Florida city of Hollywood. The developer and borrower, Coral Gables, Fla.-based Calta Group, is developing the 251-unit community in two phases. Phase I will feature 100 units averaging 751 square feet in size, and Phase II will span 151 units averaging 740 square feet in size. Units will come in studio, one- and two-bedroom configurations, and amenities will include a pool, fitness center and yoga room, dog spa, lounge and kitchen area, EV chargers, coworking space and 24-hour package storage and pickup. Calta Group plans to break ground on Phase I in the fourth quarter and deliver about 18 months later. Scott Mehlman and Ty Regnier of Forman Capital originated the financing on behalf of Calta Group, which is also underway on another apartment development in Hollywood. George Gnad, Mathew Gnad and Helmut Fischer of Lenders Capital Realty Services arranged the financing.

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