CARROLLTON, GA. — Stratus Development Group has announced the redevelopment of The Shoppes at Rome, transforming the first ever retail center built in Carrollton. Situated about 50 miles west of Atlanta, the 40,000-square-foot retail project spans nearly three acres and a full city block. The historic property is located at 415 Rome St., one block from Adamson Square shops and restaurants. Max Albers of Atlanta-based Stratus Property Group is leading the leasing for the redevelopment, which aims to bring new retailers to downtown Carrollton and spur further development in the area. The City of Carrollton has recently unveiled more developments in the downtown district, including The Amp, a 1,000-seat amphitheater, multiple new breweries and events such as half-marathon runs and the “Taste of Carrollton.”
MIAMI BEACH, FLA. — Coworking operator Regus has signed a long-term lease for nearly 46,000 square feet in Miami Beach, committing to occupying an entire Class A, boutique office building. Set to move in before the end of the year, Regus will establish its third and largest space in the submarket at 429 Lenox, where the new location will operate under the firm’s Spaces brand. Designed by Miami-based architect Kobi Karp, the property features modern office spaces, a rooftop deck, an onsite parking garage and multiple signage opportunities. Stephen Rutchik and Ana Paula of Colliers’ South Florida office represented the landlord, Azora Exan, in the lease transaction. JLL’s Adam Bernstein represented Regus in the deal.
WEST PALM BEACH, FLA. — Marcus & Millichap has brokered the $10.1 million sale of the nearly 50,000-square-foot Cross County Plaza retail center in West Palm Beach. Located at 1922-1948 N. Military Trail, Cross County Plaza is fully occupied and anchored by national retailers including dd’s Discounts and K&G Fashion Superstore. The property is an outparcel to the larger Cross County Plaza shopping mall, which is situated near I-95 and Florida’s Turnpike. Tenants at the larger center include Presidente Supermarket, Ross Dress for Less, YouFit Gyms and Ollie’s Bargain Outlet. Douglas Mandel, Zach Levine and Josh Gilbert of Marcus & Millichap’s Fort Lauderdale office represented the seller in the transaction. Pliskin Realty was the buyer.
ELSMERE, KY. — Chick-fil-A Supply, a wholly owned subsidiary of Chick-fil-A Inc. that handles the restaurant chain’s logistics and warehousing, has announced plans for a new, $100 million distribution facility in Elsmere, roughly 10 miles outside Cincinnati in Northern Kentucky. Upon completion, the 270,000-square-foot development will be situated on a 28-acre site within 10 miles of Cincinnati/Northern Kentucky International Airport. Construction of the facility is currently underway, with the distribution center expected to be operational in 2026. According to a press release issued by the office of Kentucky Gov. Andy Beshear, the facility is expected to create more than 178 new permanent, full-time jobs over the next five years. The new Chick-fil-A Supply facility will be located within the C5 Airport East Logistics Center, according to Link NKY. The newspaper also reported that Niagra Bottling will move into the same complex in 2026. Atlanta-based Core5 Industrial Partners is the owner of the industrial park, according to the company’s property page. Chick-fil-A Supply currently operates nine distribution centers located in Georgia, North Carolina, Tennessee, Missouri, Ohio, Kansas and Texas. The centers support Chick-fil-A restaurants logistically and deliver ingredients and supplies. The Elsmere facility will support roughly 150 restaurants within the region. Originally …
JOHNS CREEK, GA. — Six new tenants have signed leases at Medley, a 43-acre mixed-use property currently underway in the north Atlanta suburb of Johns Creek. Locally based Toro Development Co. is the master developer of the project and plans to break ground in January. The newly signed tenants include Sephora, Rena’s Italian Fishery & Grill, High Country Outfitters, BODYROK, Petfolk and an undisclosed grocer. Previously announced tenants for the development, which is now roughly 75 percent leased, include Ford Fry’s Little Rey, CRÚ Food & Wine Bar, Fadó Irish Pub, Summit Coffee, Lily Sushi Bar, Knuckies Hoagies, Cookie Fix, Sugarcoat Beauty, BODY20, AYA Medical Spa, 26 Thai Kitchen and Bar, Five Daughters Bakery, Drybar Shops, Minnie Olivia, Burdlife, AMorino, Pause Studio, Fogón and Lions and Clean Your Dirty Face. Medley is currently about 75 percent leased. Upon completion in late 2026, Medley will comprise 150,000 square feet of retail, restaurant and entertainment space; a 175-room boutique hotel; 110,000 square feet of office space; 750 multifamily residences and 133 townhomes; and a 25,000-square-foot plaza. Toro also recently announced that it obtained construction financing for the project, including an undisclosed amount of equity from Ascentris, as well as a $158 million loan …
TAMPA, FLA. — Alliance Residential Co. has opened Prose Park View, a 336-unit apartment community located at 10881 Caladesi Ave. in Tampa. The property features a mix of one- and two-bedroom units, with monthly rental rates ranging from $1,700 to $2,160, according to Apartments.com. Prose Park View is situated near several top employers in the Tampa Bay area, including Coca-Cola, Citicorp, Chase Bank, USAA and Progressive Insurance. Amenities include a 24/7 fitness center, coworking spaces, pool, fenced-in pet park and direct access to a public park via Estevez Lane.
ATLANTA — Arriba Capital has provided a $17.9 million loan for the refinancing of voco The Darwin Hotel, a 111-room hospitality property located in Atlanta’s Old Fourth Ward neighborhood. The name of the locally based borrower was not disclosed. The Darwin Hotel opened in 2022, according to multiple local media outlets, and features a versatile bar space that transitions from serving coffee to cocktails, a rotating pop-up chef program, fire pits, seating areas and an additional bar space that opens into a central courtyard. Arriba Capital has financed two voco hotels by IHG, including The Darwin Hotel.
ROCK HILL, S.C. — Madison Commercial, an affiliate of Madison Capital Group, has completed and sold Phase II of its retail property in Rock Hill, a South Carolina suburb of Charlotte. The 9,543-square-foot building is fully leased to national tenants including Deca Dental, First Watch, Panda Express and Tropical Smoothie Café. Atlantic Retail brokered the sale. The buyer and sales price were not disclosed. The project team for Phase II included architect Redline Design and general contractor Doerre Construction. Phase I of the development began with Madison Capital affiliate, Go Store It Self Storage, transforming a big-box retail building on the back lot of the 3.6-acre site into a self-storage facility totaling 850 units. Phase I also included a retail building occupied by Chipotle, Wing Stop and My Eye Lab that previously sold.
CLINTON, MISS. — Marcus & Millichap Capital Corp. (MMCC) has arranged a $3.5 million acquisition loan for Clinton Plaza, a 97,000-square-foot shopping center located at 200 Clinton Blvd. in Clinton, about 12 miles west of Jackson. The tenant roster includes Big Lots, Family Dollar and Beauty Zone. David Johnson of MMCC’s Atlanta office arranged the loan through CRE Bridge Equity on behalf of the undisclosed borrower. The seller and sales price for Clinton Plaza was not disclosed.
APPOMATTOX COUNTY, VA. — Avaio Digital Partners plans to develop a $3 billion data center campus in Central Virginia. The data center developer and operator is an affiliate of Avaio Capital. The firm recently purchased a 452-acre site from the Appomattox County Economic Development Authority that is zoned for data center development. The shovel-ready site is located atop long-haul fiber networks, according to Avaio Digital. The developer has secured 300 megawatts of power from CVEC (Central Virginia Electric Cooperative) and Dominion Energy for the development. Details about the construction timeline were not released.