Southeast

JLL Secures $115M Financing for Three Distribution Centers in Hardeeville, South Carolina

by Abby Cox September 24, 2025

HARDEEVILLE, S.C. — JLL Capital Markets has secured $115 million in financing for three industrial buildings located within RiverPort Commerce Park in Hardeeville, roughly 10 miles from the Port of Savannah. The portfolio, which comprises Riverport buildings 5, 6 and 7, totals roughly 1.3 million square feet. Bobby Norwood, Mark Sixour, Kelsey Bawcombe and Austin Smith of JLL arranged the loan on behalf of the borrowers, North Signal Capital and EJF Capital LLC. Synovus and City National Bank provided the loan. RiverPort 5 spans 130,436 square feet and features a rear-load configuration, 34 dock-high doors and 32-foot clear heights. RiverPort 6 encompasses 402,491 square feet in a front-load design with 94 dock-high doors and 36-foot clear heights. The largest facility, RiverPort 7, spans 791,259 square feet in a cross-dock configuration with 154 dock-high doors and 36-foot clear heights. The three-building portfolio is currently 87 percent leased to various tenants such as logistics providers, consumer products distributors and security system manufacturers.

September 24, 2025

Acquisitions Industrial Office South Carolina Southeast

CBRE Arranges $48M Sale of Remount Office and Industrial Park in North Charleston, South Carolina

by Abby Cox September 24, 2025

NORTH CHARLESTON, S.C. — CBRE has arranged the sale of Remount I & II, a 305,114-square-foot office and industrial park located in North Charleston. Accordia Real Estate purchased the master-planned property for $48 million. Patrick Gildea, Matt Smith, Robert Hardaway, Charlie Carmody, Chip Shealy and Will Yowell of CBRE, along with Jay O’Meara, Justin Parsonnet and Ryan Reethof of Newmark, represented the sellers, Accesso Partners and Partners Group. Matthew Pizzolato and Josh Stein, also with CBRE, arranged an undisclosed amount of acquisition financing through CIBC and a joint venture equity partnership with an unnamed institutional partner. Situated on roughly 26 acres near Charleston International Airport, Remount I & II is a two-building, dual flex property that fronts the Cooper River. The industrial park is currently 90 percent leased to seven tenants and features steel-frame and concrete tilt-up wall construction, 18-foot clear heights, six dock slips, 13 drive-in doors and 240-foot truck courts. The layout also includes flexible floor plates designed to support a range of tenant sizes and operational needs.

September 24, 2025

Acquisitions Florida Office Southeast

IPA Brokers $17.6M Sale of Park at Bay Plaza Office Complex in East Tampa

by Abby Cox September 24, 2025

TAMPA, FLA. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the $17.6 million sale of Park at Bay Plaza, a 186,239-square-foot office campus located in east Tampa. Constructed between 1974 and 1985, Park at Bay Plaza sits on 13 acres. The office complex, which includes 65 office suites across the seven-building campus, was 85 percent leased at the time of sale to medical, corporate and logistics tenants. Offices at the property range in size from 379 square feet to 9,348 square feet. Douglas Mandel of IPA, along with Zach Levine and James Defusto of Marcus & Millichap, represented the seller, Tavaco Properties, and procured the buyer, Albany Road Real Estate Partners, in the transaction.

September 24, 2025

Development Georgia Loans Multifamily Southeast

JLL Arranges $38.7M Refinancing for Clear Lake Reserve Townhome Community Near Savannah

by Abby Cox September 23, 2025

POOLER, GA. — JLL Capital Markets has arranged a $38.7 million loan for the refinancing of Clear Lake Reserve, a 199-unit townhome community located in Pooler, a western suburb of Savannah. Chris Drew, Matthew Putterman and Kenny Cutler of JLL’s Debt Advisory team arranged the loan on behalf of the borrower, 360 Communities, an affiliate of Freehold Capital Management, and Rockpoint, a Boston-based real estate private equity firm. Western Alliance Bank provided the three-year, floating-rate loan . Situated near the Savannah Hilton Head International Airport and the Port of Savannah, Clear Lake Reserve spans approximately 50 acres. The community will feature 83 three-bedroom townhomes and 113 four-bedroom townhomes ranging in size from 1,385 square feet to 2,010 square feet. Each townhome will include an attached two-car garage, private driveway and a covered outdoor porch. Amenities at the complex will include a resort-style swimming pool, fitness center, basketball and pickleball courts, clubroom, brick firepit, dog park, putting green, playground, grilling stations, dedicated guest and amenity parking areas, as well as a dock overlooking a community pond. 360 Communities and Rockpoint have structured the development with an unnamed, publicly traded homebuilder performing vertical construction at Clear Lake Reserve.

September 23, 2025

Georgia Loans Multifamily Southeast

R.H. Ledbetter Receives $15M Equity Investment for Attainable Housing Community in Metro Atlanta

by Abby Cox September 23, 2025

CARROLLTON, GA. — R.H. Ledbetter Properties has received a $15 million equity investment through American South Capital Partners’ (ASCP) real estate fund II to develop a 236-unit, attainable multifamily community in Carrollton, a western suburb of Atlanta. ASCP, a joint venture of SDS Capital Group and Vintage Realty Co., provides equity financing for real estate sponsors with projects located in 10 Southern states. Dubbed Carrollton Flats, the $49 million complex will feature one-, two- and three-bedroom apartments. Amenities will include a resort-style swimming pool, community clubhouse, 24-hour fitness center, grilling stations, pet park and green space. Upon completion of Carrollton Flats, which is anticipated for the second half of 2027, rental rates at the property will remain attainable for middle-income individuals and families of the area workforce.

September 23, 2025

Acquisitions Development Florida Retail Southeast

Partnership Acquires 800,000 SF Galleria at Fort Lauderdale Mall, Plans Redevelopment

by Abby Cox September 23, 2025

FORT LAUDERDALE, FLA. — GFO Investments and InSite Group, in partnership with Atlas Real Estate and Prime Finance, have acquired The Galleria at Fort Lauderdale, with plans to redevelop the 800,000-square-foot mall. Robert Given, Brad Capas and Casey Rosen of CBRE represented the seller, Keystone-Florida Holding Corp., in the transaction. The sales price was not disclosed. GFO and InSite Group will oversee redevelopment efforts, while Sandeep Mathrani of Atlas Hill Real Estate will lead leasing at the property. Galleria Mall, an underperforming, super-regional shopping center, will be reimagined into a community-focused destination. Detailed plans for the redevelopment will be released in the coming months. Keystone-Florida Holding Corp. originally listed the mall for sale in 2023, which was only 67 percent occupied after losing tenants such as Lord & Taylor, SAKS Fifth Avenue and Neiman Marcus, according to South Florida Business Journal. Current tenants include Aldo Shoes, Apple, Blue Martini, H&M, Macy’s, Michael Kors, P.F. Chang’s, the Capital Grille and Zales.

September 23, 2025

Acquisitions Hospitality Southeast Tennessee

Hunter Hotel Advisors Facilitates Sale of 131-Room Courtyard by Marriott Hotel in Collierville, Tennessee

by Abby Cox September 23, 2025

COLLIERVILLE, TENN. — Hunter Hotel Advisors has negotiated the sale of the 131-room Courtyard by Marriott Memphis Collierville hotel located within the Carriage Crossing lifestyle shopping center in Collierville. Tim Osborne and Adeel Amin of Hunter facilitated the transaction and secured a $8.7 million bridge loan on behalf of the buyer, a Texas-based investor. The seller was an entity doing business as Southern Hospitality LLC. Situated near the FedEx World Technology Center, the four-story hotel includes 1,624 square feet of meeting space, an indoor swimming pool, fitness center and a full-service restaurant called The Bistro.

September 23, 2025

Acquisitions Retail Southeast Tennessee

Boulder Group Brokers $2.9M Sale of Retail Property Near Nashville Leased to Tractor Supply

by Abby Cox September 23, 2025

SMYRNA, TENN. — The Boulder Group has brokered the $2.9 million sale of an 18,750-square-foot, single-tenant retail property in Smyrna leased to Tractor Supply. Located along U.S. Highway 41, Tractor Supply has operated at the site since 1999 and recently signed a 10-year lease extension. Randy Blankstein and Jimmy Goodman of The Boulder Group represented the buyer, a high-net-worth family engaging in estate planning, in the transaction. Andrew Ragsdale of Colliers represented the undisclosed seller. Founded in 1938, Tractor Supply operates more than 2,300 stores across 49 states.

September 23, 2025

Development Multifamily North Carolina Southeast

Madison Communities Opens 253-Unit Apartment Property in Charlotte

by John Nelson September 22, 2025

CHARLOTTE, N.C. — Madison Communities, a subsidiary of Madison Capital Group, has opened Madison Ashley Park, a 253-unit apartment community located at 2220 Berryhill Road in Charlotte’s Ashley Park submarket. Situated near I-277 and the city’s FreeMoreWest district, Madison Ashley Park features a mix of studio, one- and two-bedroom floor plans. Monthly rental rates range from $1,271 to $2,746, according to Apartments.com. Amenities include a secure parking deck, clubhouse with a demonstration kitchen, coworking space, fitness center with a yoga studio and a central pool with sun deck, cabanas and loungers. The design-build team includes Humphreys and Partners Architecture and Benco Construction.

September 22, 2025

Alabama Build-to-Rent Development Multifamily Single-Family Rental Southeast

Trilogy, Pinnacle Underway on Phase I of Build-to-Rent Development in Huntsville

by John Nelson September 22, 2025

HUNTSVILLE, ALA. — Trilogy Investment Co. and Pinnacle Partners have completed lot delivery and horizontal construction for Phase I of REV3 at The Celeste, a 172-unit build-to-rent (BTR) townhome community on Plummer Road in Huntsville. The development partnership plans to begin vertical construction in the fourth quarter. Trilogy is funding the project in part with its BTR Opportunity Zone fund, which is focused on developments in the Sun Belt region. REV3 at The Celeste will feature three-bedroom townhomes with 2.5 bathrooms, open-concept layouts, stainless steel appliances, LVP flooring, smart home technology and attached garages. Amenities will include a resort-style pool with a shaded cabana, clubhouse with gathering spaces, fitness center and outdoor grilling areas. Trilogy and Pinnacle plan to begin leasing in the second quarter of 2026 and deliver REV3 at The Celeste in third-quarter 2026.

September 22, 2025

Newer Posts

Older Posts