THONOTOSASSA, FLA. — Trammell Crow Co. (TCC) has purchased 10 acres of land in Thonotosassa, roughly 14 miles northeast of Tampa. The Dallas-based firm plans to develop a 136,714-square-foot speculative warehouse on the site called New Tampa Commerce Center. Designed by C4 Architecture and constructed by FCL Builders, New Tampa Commerce Center is expected to be delivered in January 2027. The shallow bay warehouse will feature 32-foot clear heights, car parking spaces and immediate access to U.S. Highway 301 and I-75.
Southeast
MIAMI — Locally based Gazit Horizons has acquired Sunset West Shopping Center, a 73,072-square-foot neighborhood shopping center located at the intersection of Sunset Drive and S.W. 87th Avenue in Miami. The seller and sales price were not disclosed. Situated roughly two miles from Baptist Hospital of Miami, the fully leased center is home to a mix of tenants including Chicken Kitchen, Ole’s Jewelry Avenue, Subway, Chase Bank, The UPS Store, Integrum Medical Group, Arturito’s Pharmacy, Sunset Animal Clinic, Salvatore D. Fine Italian Cuisine, Moderna Smile and Sunset Bakery. A new Aldi grocery store is also expected to open this year at the property.
Pinckney Begins Vertical Construction of 34-Acre Mixed-Use Development on Johns Island in South Carolina
by Abby Cox
JOHNS ISLAND, S.C. — Locally based Pinckney Partners has begun vertical construction on South Island Market, a 34-acre mixed-use development located on Johns Island, about 13 miles south of Charleston. Upon completion, the project will feature 82,000 square feet of retail, dining and office space across eight buildings, along with 79 townhomes built by Toll Brothers and 16 acres of preserved open space. Roper St. Francis Healthcare and Daniel Ravenel Sotheby’s International Realty will anchor the development. South Island Market is expected to open in spring 2027. The first phase of South Island Market comprises five buildings across 45,000 square feet of commercial space. With the addition of the anchors and several pending agreements, Phase I is now 53 percent leased. Hannah Kamba and Tim Rowley of Coldwell Banker Commercial Atlantic (CBC Atlantic) are handling leasing for the project.
With office leasing and development, we’re always looking forward to the next big thing. Nashville’s office market is no exception to that. Sometimes no news is good news, though. That may be the case with the metro’s office development, where only four projects totaling 279,320 square feet were underway at the close of 2025 — 44.1 percent of which was preleased. At the beginning of 2020, Nashville’s construction pipeline was nearly 10 percent of its inventory size — the second-highest share out of any U.S. metro. Since then, 8.5 million square feet of office product has been delivered, and despite overlapping with a global pandemic, nearly 80 percent of it has been leased — underscoring the market’s appetite for quality office space. While that office space has not been absorbed as quickly as some had hoped, market trends and activity suggest that nearly 90 percent of it will be absorbed by the end of 2026, proving the Nashville office market’s resilience. As we approach the end of the first quarter, Nashville’s office market is off to a good start, despite some uncooperative icy weather. Although local tenants continue to lead occupancy growth, sizable multi-market requirements have continued to increase, pushing …
MIAMI — Miami-Dade County and Related Urban Development Group, the affordable and workforce housing arm of Related Group, has opened the Gallery at Marti Park, a 176-unit mixed-income community located in the Little Havana neighborhood of Miami. Residences are reserved for low-income seniors under the Rental Assistance Demonstration (RAD) program, as well as workforce households earning 80 and 120 percent of the area median income (AMI). The project was developed utilizing a 75-year ground lease with Miami-Dade County. Spanning 12 floors, Gallery at Marti Park offers two-bedroom floorplans ranging in size from 893 to 1,064 square feet, according to Apartments.com. Monthly rental rates begin at $2,995. Amenities include a fitness center, clubhouse, coworking space, package room, outdoor grilling areas, private bike storage, a fourth-level recreational deck and a ground-level senior center that will serve residents and the public. The site also sits adjacent to Joe Moretti Phase 2B, a 96-unit affordable housing project redeveloped by Related Urban in 2022.
OWENS CROSS ROADS, ALA.— Franklin Street has negotiated the sale of Hampton Cove Shops, a 41,681-square-foot retail center located in Owens Cross Roads, approximately 15 miles southeast of Huntsville. Bryan Belk and John Tennant of Franklin Street represented the seller, Birmingham, Ala.-based Fairway Investments, in the transaction. Prudent Growth Partners purchased the property for $7.6 million. Built in 2008, Hampton Cove Shops was 96 percent leased at the time of sale to tenants including Dollar Tree, H&R Block, sports bar Jefferson’s, We Rock the Spectrum Kid’s Gym and ALFA Insurance.
BWE Arranges Acquisition Financing for 142-Unit Seniors Housing Community in Metro Charleston
by Abby Cox
SUMMERVILLE, S.C. — BWE has arranged an undisclosed amount of acquisition financing for The Claiborne at Brickyard Crossing, a 142-unit seniors housing community located in the Charleston suburb of Summerville. Taylor Mokris and Ryan Stoll of BWE arranged the loan through an unnamed national bank on behalf of the borrower, Chicago-based GEM Realty Capital. Opened in 2022, The Claiborne at Brickyard Crossing is an independent living, assisted living and memory care community. The complex includes salon services and social spaces, restaurant-style dining and wellness and fitness amenities, along with a heated, zero-depth swimming pool, golf simulator, covered parking garage and a fitness and yoga studio.
FLOWERY BRANCH, GA. — The Taylor McMinn Retail Group, a retail investment sales team within Marcus & Millichap, has brokered the sale of a restaurant in Flowery Branch leased to 7 Brew, a drive-thru coffee concept based in Arkansas. Don McMinn and Andrew Koriwchak of Taylor McMinn represented the seller, a repeat developer for the 7 Brew chain, and the all-cash local buyer, in the transaction. Both parties requested anonymity. 7 Brew has 14 years remaining on its ground lease, which features rental increases in the initial term, as well as extension options. “This marks our second sale within the multi-parcel development in Flowery Branch,” says McMinn. “The property traded at 99 percent of the asking price after receiving an accepted offer within one week of listing. The transaction highlights the continued investor demand for lower rent and lower price-point assets, as well as the momentum behind the drive-thru coffee kiosk concept.”
Mixed-use development across the Southeast continues to change and evolve. What was once as straightforward as building residential apartments located above a street-level retail component has become something far more sophisticated and intentional. Today’s mixed-use communities offer integrated, experience-driven environments where all elements of living, working, shopping, dining and recreation are thoughtfully curated, with connectivity as a primary focus. The North Georgia region, located approximately 40 miles north of Atlanta, is where residential demand is rising, incomes are growing and consumer preferences are changing. As these trends converge, developers seek the opportunity to create true neighborhood hubs in the area. The Crossing at Coal Mountain, located in Forsyth County, is a new 140-acre mixed-use destination by Atlantic Residential that reflects how development strategies are evolving in response to these market shifts. The project will feature walkable streets, activated green spaces, local dining, daily lifestyle services and a carefully programmed retail plaza alongside luxury homes being developed in partnership with national homebuilder Toll Brothers. Each of the project’s planned elements is designed to support a true live-work-play environment. Phase I of the project’s retail district is on track to open this year, positioning the development to contribute to the region’s broader …
Endeavor Breaks Ground on 1,009-Bed Student Housing Development Near University of Arkansas
by John Nelson
FAYETTEVILLE, ARK. — Endeavor Real Estate Group has begun construction on Juniper, a 1,009-bed student housing development located at 77 S. Duncan Ave. near the University of Arkansas campus in Fayetteville. The community will offer 294 units upon completion, which is scheduled for summer 2028. Shared amenities are set to include hospitality-themed gathering spaces; a rooftop pool and sky lounge; sauna and cold plunge; cabanas and grilling areas; a Jumbotron; fitness enter; yoga and Pilates studio; spin room; golf simulator; private courtyards; secured garage parking and bicycle storage; and 3,000 square feet of ground floor retail space. The project team for Juniper includes Endeavor Opportunity Partners III, Marble Capital, Kennedy Wilson, JLL, FaverGray, Modus Studios and Ecological Design Group.