Friday, February 6, 2026
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GeorgiaLeasing ActivityMixed-UseRetailSoutheast

Construction Resources to Open Design Center at Westside Paper Development in Atlanta

by John Nelson

ATLANTA — Construction Resources, a distributor of home improvement products, plans to open a new design center at Westside Paper, a mixed-use development located at 950 W. Marietta St. in Atlanta’s West Midtown district. The center, which is set to open early next year, will be the first location to feature all of Construction Resources’ products in a single location. Westbridge and FCP co-developed and own Westside Paper, which is an adaptive reuse of a 70-year-old paper mill. Brad Pope of JLL represented Construction Resources in the lease transaction, and Shelbi Bodner with Bridger Properties represented the landlord. Other tenants at Westside Paper include El Santo Gallo, Pancake Social, Elsewhere Greenhouse, Bar Driver, Northern China Eatery, Ancestral Bottle Shop & Market and King of Pops.

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Leasing ActivityRetailSoutheastVirginia

Three Tenants to Join Haymarket Village Center in Northern Virginia, Six Renew Leases

by John Nelson

HAYMARKET, VA. — Three new tenants have signed leases to join Haymarket Village Center, a 256,856-square-foot retail center situated about 38 miles west of Washington, D.C. Red Bank, N.J.-based First National Realty Partners (FNRP) is the landlord. The leasing deals with Cin Dental (1,824 square feet), Nova Patient Care (1,600 square feet), and BeBop (1,575 square feet) will bring the retail center to full occupancy. FNRP has also secured lease renewals with six existing tenants, including Divine Nail Spa, Jersey Mike’s Subs, Starbucks Coffee, Smoothie King, Sports Clips and Verizon Wireless. FNRP purchased Haymarket Village Center in 2018 for $34.5 million.

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DevelopmentGeorgiaMixed-UseMultifamilySoutheast

GID Welcomes First Multifamily Residents at $2B High Street Development in Atlanta

by John Nelson

ATLANTA — GID has welcomed the first residents at Windsor Brompton and Windsor Avery, two apartment communities underway within the $2 billion High Street mixed-use development in Atlanta. Located in the city’s Central Perimeter submarket, the two apartment communities total 598 units. Windsor Communities, GID’s property management division, operates both properties. More than 100 leases have been signed at the communities prior to delivery. Apartments at Windsor Brompton and Windsor Avery come in 16 different floor plans comprising studio, one-bedroom and two-bedroom configurations. Monthly rental rates start at $1,538, according to the property website. Amenities include a fitness and yoga studio, pool and sundeck, catering kitchen and private dining room, coworking spaces, an outdoor dog run and dog wash, outdoor gaming lawn, bike lounge and a bike repair station. Residents will also have direct access to High Street’s lineup of shops and restaurants, which will include Puttshack, Jaguar Bolera, Nando’s PERi-PERi, Velvet Taco, Allen Edmonds, Skin Spirit, The Hampton Social, Agave Bandido, Cuddlefish, Ben & Jerry’s and Sugar Coat.

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DevelopmentHealthcareSoutheastVirginia

Remedy Medical, Kayne Anderson Break Ground on 130,000 SF Medical Office Building in Lynchburg, Virginia

by John Nelson

LYNCHBURG, VA. — A partnership between Remedy Medical Properties and Kayne Anderson Real Estate has broken ground on Centra Langhorne Medical Center, a new 130,000-square-foot medical office building located at 2125 Langhorne Road in Lynchburg. The facility will be located near Centra Lynchburg General Hospital, which is about 70 miles southwest of Charlottesville, Va. The medical office building will be fully leased to Centra Health upon completion, which is slated for late 2025. The design-build team includes Haskell Architecture and Engineering Inc., civil engineer Hurt & Proffitt Inc., structural engineer O’Donnell & Naccarato Inc. and general contractor Robins and Morton.

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DevelopmentGeorgiaRetailSoutheast

Branch Properties to Develop Publix-Anchored Shopping Center in Braselton, Georgia

by John Nelson

BRASELTON, GA. — Branch Properties, an Atlanta-based shopping center development firm, has acquired land in Braselton for the development of a Publix-anchored shopping center. Dubbed Braselton Village, the 70,987-square-foot retail center will be located at the intersection of Old Winder Highway and the newly constructed Braselton Village Parkway, about 50 miles northeast of Atlanta. Branch Properties expects to deliver the property, which will feature 22,600 square feet of inline retail space in addition to the Publix grocery store, in second-quarter 2025. In addition to Braselton Village, Branch Properties is also developing or recently delivered four other Publix-anchored centers in the Southeast: Triple Crown Shopping Center in Richwood, Ky.; One Nexton in Summerville, S.C.; Limestone Marketplace in Gainesville, Ga.; and the recently completed Summerhill Station in Atlanta.

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AcquisitionsIndustrialLoansSoutheastTennessee

CBRE Arranges $12M Acquisition Loan for Distribution Facility in Southeast Memphis

by John Nelson

MEMPHIS, TENN. — CBRE has arranged a $12 million acquisition loan for a 150,000-square-foot distribution center located at 6325 Global Drive in southeast Memphis. The facility, which features nearly 40,000 square feet of cold storage space, was fully leased to Vistar, a division of Performance Food Group, at the time of financing. Bob Ybarra, Bruce Francis, Shaun Moothart, Doug Birrell, Nick Santangelo and Jim Korinek of CBRE’s Capital Markets Debt and Structured Finance team arranged the financing on behalf of the buyer, Pacifica Real Estate Group. The loan was underwritten with a 10-year term and 5.55 percent interest rate. The seller was not disclosed.

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AcquisitionsKentuckySeniors HousingSoutheast

Berkadia Brokers Sale of 104-Unit Seniors Housing Community in Florence, Kentucky

by John Nelson

FLORENCE, KY. — Berkadia has arranged the sale of a 104-unit assisted living and memory care community in Florence, approximately 10 miles southwest of Cincinnati. Mike Garbers, Cody Tremper, Dave Fasano and Ross Sanders of Berkadia represented the seller, a publicly traded REIT, in the transaction. A private equity group purchased the asset for an undisclosed price.

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DevelopmentFloridaLoansMultifamilySoutheast

Berkadia Arranges $328M Construction Loan for Luxury Condo Tower in Miami

by John Nelson

MIAMI — Berkadia has arranged a $328 million construction loan for Baccarat Residences Miami, a 355-unit luxury condominium tower planned at the gateway of Brickell Avenue in Miami. Scott Wadler, Michael Basinski, Mitch Sinberg, Matt Robbins and Brad Williamson of Berkadia arranged the floating-rate loan through Bank OZK on behalf of the borrowers, Related Group and GTIS Partners. Baccarat Residences, which is currently 95 percent presold, is scheduled for completion in early 2028. Designed by Arquitectónica and managed by SH Hotels & Resorts, the tower will feature more than 75,000 square feet of high-end amenities, including a marina, spa, art installations and a health and fitness center.

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AcquisitionsMultifamilyNorth CarolinaSoutheast

TruAmerica Multifamily Acquires Westmont Commons in Asheville for $49.9M

by John Nelson

ASHEVILLE, N.C. — TruAmerica Multifamily has acquired Westmont Commons, a 252-unit apartment community in Asheville, for $49.9 million. Rob Russell and Richard Kourbage of Greystone originated a Freddie Mac acquisition loan for the buyer. The seller was not disclosed. Westmont Commons was built in phases in 2003 and 2008. The new buyer plans to make capital improvements in every unit with modern finishes, including new washers and dryers. TruAmerica also plans to upgrade the property’s swimming pool, fitness center and clubhouse, as well as convert the laundry room to a pet spa.

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AcquisitionsHospitalityMarylandSoutheast

JLL Brokers Sale of 154-Room Hampton Inn Hotel in Metro D.C.

by John Nelson

OXON HILL, MD. — JLL’s Hotels & Hospitality group has brokered the sale of Hampton Inn & Suites National Harbor/Alexandria Area, a 154-room hotel located at 250 Waterfront St. in Oxon Hill. The sales price was not disclosed, but Washington Business Journal reports the asset traded for $47 million. Situated along the Potomac River about 11.5 miles south of Washington, D.C., the 11-story hotel is located across the street from The Gaylord National Resort and Convention Center. The hotel features a business center, fitness center, complimentary breakfast, indoor pool and meeting space. Ketan Patel, Phil White and Vasilis Halakos of JLL represented the seller and procured the buyer. Both parties requested anonymity.

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