Thursday, July 2, 2026
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Hamptons-At-Woodland-Pointe
AcquisitionsMultifamilySoutheastTennessee

American Landmark Acquires 240-Unit Multifamily Community in Nashville

by Abby Cox

NASHVILLE, TENN. — American Landmark Apartments has acquired Hamptons at Woodland Pointe, a 240-unit apartment community located in Nashville. The seller requested anonymity and the price was not disclosed. The property will be rebranded as Woodland Pointe Residences. Built in 2021, Woodland Pointe Residences offers a mix of one-, two- and three-bedroom apartments ranging in size from 677 square feet to 1,649 square feet, according to Apartments.com. Amenities include a swimming pool with a sundeck, fitness center, clubhouse, business center, dog park, barbecue grilling pavilion, car care center and controlled-access entry.

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MOSAIC-Retail-Building
Leasing ActivityNorth CarolinaRetailSoutheast

Six New Tenants Sign Leases at Mixed-Use Development in Pittsboro, North Carolina

by Abby Cox

PITTSBORO, N.C. — Six new tenants have signed leases at MOSAIC at Chatham Park, a 44-acre development in Pittsboro, roughly 35 miles east of Raleigh. MOSAIC serves as the commercial gateway to Chatham Park, an 8,500-acre mixed-use development currently underway. Italian restaurant a Tavolo is slated to open this August, and Atlanta-based restaurant Flying Biscuit is anticipated to open in the third quarter of 2027. New View Eye Care will open in March 2027, while gourmet ice creamery and candy kitchen Pecan Jacks is anticipated to open this summer. Verizon will open in the fourth quarter of 2026. Meanwhile, First Horizon Bank has acquired a nearly 1-acre parcel for $2.6 million to construct a 3,150-square-foot building. Eight of the 17 buildings planned for MOSAIC are complete. One building is currently under construction and nine are in the pre-construction phase. The project is expected to be fully complete by 2030. Upon completion, Chatham Park is expected to comprise approximately 22,000 homes, with 22 million square feet of office, research, retail, educational and community space. Northwood Landing, a grocery-anchored mixed-used development situated adjacent to MOSAIC, has also recently welcomed two new tenants, including Chase Bank and Wells Family Dental Group. Additional tenants …

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AcquisitionsData CentersIndustrialSoutheastTop StoriesVirginia

Digital Realty Agrees to Buy Blackstone’s Stake in Northern Virginia Data Center Portfolio for $3.5B 

by Matthew Auchincloss

MANASSAS AND STERLING, VA. — Data center firm Digital Realty has agreed to purchase a $3.5 billion equity stake in three data centers located in the Northern Virginia cities of Sterling and Manassas from Blackstone-affiliated funds. The portfolio maintains a gross value of $7.8 billion, reflecting an expected initial stabilized capitalization rate of over 6.5 percent.  The portfolio is comprised of three data centers — two in Manassas, one in Sterling — which each contain 96 megawatts of IT capacity. Digital Realty will purchase Blackstone’s 80 percent interest in the Manassas properties and 50 percent interest in the Sterling facility, including assumed debt and remaining capital expenditures to complete the ongoing development.  Two of the data centers are expected to stabilize in the first half of 2027 while the third is anticipated to stabilize in 2028. The data centers are all fully leased for 15 years to investment-grade hyperscale customers, and rent will escalate annually by 3.6 percent.  The transaction will see Digital Realty pay Blackstone $1.2 billion in cash as well as $2.3 billion in Digital Realty shares for a blended 64 percent equity interest in the properties. Digital Realty was an original partner in the $7 billion joint …

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DevelopmentFloridaSoutheastStudent Housing

Gilbane, CBRE Investment Begin Leasing 703-Bed Student Housing Development Near University of Florida

by John Nelson

GAINESVILLE, FLA. — Gilbane Development and CBRE Investment Management have begun leasing Zaya, a 703-bed student housing project located at 3600 S.W. 20th Ave. in Gainesville. The property, which broke ground last year, is situated less than one mile from the University of Florida campus and Butler Center, a retail destination featuring three power retail centers: Butler Plaza, Butler North and Butler Town Center. Scheduled for completion in fall 2027, Zaya will offer 352 units with bed-to-bath parity. Shared amenities are set to include three courtyards, study rooms on each floor, a coworking lounge, rooftop resort-style pool, pickleball court, clubhouse, 24-hour fitness center, yoga studio and an indoor sauna.

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AcquisitionsGeorgiaOfficeSoutheast

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

by John Nelson

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.

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AcquisitionsRestaurantRetailSoutheastTennessee

Matthews Brokers $8.5M Sale of Retail Strip Center in East Nashville

by John Nelson

NASHVILLE, TENN. — Matthews has brokered the $8.5 million sale of a retail strip center located at 1000 Woodland St. in east Nashville’s Five Points district. Built in 2023, the retail center spans 8,207 square feet and houses two tenants: Bartaco and Edley’s Bar-B-Que, which occupy the center on 10-year triple-net leases with annual rent escalations. Ben Burnett of Matthews brokered the transaction. The buyer was a locally based private investor completing a 1031 exchange. The seller was also not disclosed. Additionally, Matthews Capital Markets’ team secured a $5.1 million, five-year acquisition loan through a locally based lender for the buyer.

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FloridaLeasing ActivityOfficeSoutheast

CP Group Brings Occupancy at Central Florida Office Campus to 93 Percent

by John Nelson

LAKE MARY, FLA. — CP Group has improved the occupancy rate at Northpoint Center, a 334,000-square-foot office campus in the Orlando suburb of Lake Mary, from 76 percent to 93 percent in under two years. The Boca Raton-based office giant has executed more than 126,000 square feet of leases since recapitalizing and renovating the three-building office campus two years ago. Recently, CP Group signed a new 16,586-square-foot lease with Staples Contract & Commercial LLC, a subsidiary of the retailer Staples, and a 13,707-square-foot lease expansion for Westwood Professional Services, which is more than doubling its footprint at Northpoint Center. Madison Kimball of JLL represented the landlord in both transactions.  Chris Mullen and Andrei Savitski of CBRE represented Staples, and John Beach and Catherine Gibbons of Newmark represented Westwood.

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FloridaMarket ReportsOfficeSoutheastSoutheast Market Reports

Miami’s Office Market Has Moved Beyond the Migration Narrative

by John Nelson

Miami’s office market is no longer defined by migration alone. What is driving performance today is expansion, constrained supply and long-term corporate commitments that continue to support growth, even as many U.S. office markets navigate ongoing uncertainty. At its core, this cycle is defined by the imbalance between rising demand for space and the limited availability of high-quality office product. Companies are not only maintaining a presence in Miami, but they are scaling, and that expansion is increasingly shaping the direction of the market. That dynamic has been evident over the past five years and continued in the first quarter. Leasing activity has settled in above pre-2020 levels and the Miami-Dade County office market continues to record positive absorption. With 89,000 square feet of positive absorption this quarter, the Miami-Dade office market has absorbed approximately 3.4 million square feet since the start of 2021.  That strong demand has pushed asking rents to $66.30 per square foot, up 10.6 percent year-over-year, and 53 percent since first-quarter 2021. The market also continued to attract institutional attention, underscored by Palantir’s decision to establish its headquarters in Miami. Underlying these numbers is a structural advantage that continues to set Miami apart: utilization. The city …

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FloridaLoansOfficeSoutheast

Berkadia Arranges $100.4M Refinancing for Office Campus in Palm Beach Gardens, Florida

by John Nelson

PALM BEACH GARDENS, FLA. — Berkadia has arranged a $100.4 million loan for the refinancing of DiVosta Towers, a two-building office campus located at 3825 and 3835 PGA Blvd. in Palm Beach Gardens, a city in South Florida’s Palm Beach County. The Class A property comprises two 11-story office buildings spanning 220,000 square feet that are connected by a parking structure. The property was fully delivered in 2020 and houses tenants including JP Morgan, Wealthspire Advisors and Virtu Financial, among others. Charles Foschini, Scott Wadler and Shannon Wilson of Berkadia’s Miami office arranged the three-year, floating-rate loan through Cirrus Real Estate on behalf of the borrower, Gatsby Florida. The sponsor is also building The Modern at Palm Beach Gardens, a 220,000-square-foot office building located at 11200 RCA Center, less than one mile from DiVosta Towers.

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AcquisitionsFloridaMultifamilySoutheast

Waterton Purchases 358-Unit Apartment Community in South Florida for $80.5M

by John Nelson

PEMBROKE PINES, FLA. — Waterton has purchased The Landings at Pembroke Lakes, a 358-unit, garden-style apartment community located at 10650 Washington St. in Pembroke Pines, a city in South Florida’s Broward County. The Chicago-based owner-operator plans to invest in light capital improvements to the property’s interiors and common areas, including new equipment on its lakefront beaches. The seller and sales price were not disclosed, but South Florida Business Journal reports the property traded at $80.5 million. Walker & Dunlop represented both the buyer and seller in the transaction and also arranged acquisition financing. Built in 1989 around a 45-acre lake, The Landings at Pembroke Lakes is situated on a 27-acre site and offers a mix of one- and two-bedroom apartments. Amenities include a resort-style pool, clubhouse, fitness center, dog park, tennis courts and sand volleyball courts.

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