ATLANTA — Alliance Residential has acquired nearly 3.7 acres in Atlanta’s Vinings/Smyrna submarket near The Battery Atlanta, the mixed-use village surrounding Truist Park, home of the Atlanta Braves. The Arizona-based developer is planning to develop Broadstone Lola, a 300-unit luxury apartment community, on the site. Designed by locally based Brock Hudgins Architects, Broadstone Lola will offer one- and two-bedroom floorplans ranging in size from 600 to 1,100 square feet. Along with a Parisian-inspired aesthetic, Broadstone Lola will feature amenities such as a resort-style saltwater swimming pool with a landscaped deck with grills, a grab-and-go market, fitness center, gaming lounge, clubroom with an indoor fireplace, private work spaces, conference room, pet spa and a secured parking garage with electric vehicle charging stations and dedicated bike storage. Alliance Residential expects to begin welcoming residents to Broadstone Lola in the summer of 2027.
CHARLOTTE, N.C. — Riverside Investment & Development and Woodfield Development have opened Vivian at Queensbridge Collective, a 42-story apartment tower in Charlotte. Goettsch Partners served as the architect for the project. Situated within the larger Queensbridge Collective mixed-use development, the 409-unit apartment tower offers studio, one-, two- and three-bedroom floorplans ranging in size from 558 to 2,180 square feet. Amenities at the complex are distributed across multiple levels of the building, including a ninth-floor fitness center with indoor/outdoor elements, a 10th floor resident lounge featuring bowling and virtual golf and a 42nd-floor rooftop pool deck with grilling stations and skyline views. Riverside and Woodfield began leasing Vivian in late 2025 and welcomed its first residents this month. Monthly rental rates range from $1,792 to $16,744, according to Apartments.com. This fall, Guard and Grace, the Michelin-recommended steakhouse led by chef Troy Guard, is scheduled to open on the 10th floor of Vivian. The 10,224-square-foot restaurant will include a 2,000-square-foot outdoor terrace, private dining areas and direct connections to both the public and residential components of the development. Additionally, the apartment building will be joined by a 43-story mixed-use office and residential tower under construction at 1111 S. Tyron St. that will comprise 20,000 square …
BONITA SPRINGS, FLA. — The Zuckerman Group has signed leases with two new national retailers at Midtown at Bonita, a 68-acre mixed-use development under construction in Bonita Springs, about 15 miles north of Naples. T.J. Maxx and Ulta Beauty will join the lineup at Midtown at Bonita, bringing the amount of leased retail space to 100,000 square feet. Other committed tenants include Chipotle Mexican Grill, Panera Bread, The Hangry Bison, Club Pilates, Good Vets, Jeff’s Bagel Run, Noire the Nail Bar, Bonita Beach Wine & Spirits, Gelato&Co., LowBrow Pizza & Beer, Mathnasium, a dental office operated by Pacific Dental Services, Cold Stone Creamery, The UPS Store, Mason’s Famous Lobster Rolls and Three Sixteen Cafe, among others. Construction of the development’s retail component broke ground in November, with the first tenants expected to move in this spring. Upon full build-out, Midtown at Bonita will feature a 165-room boutique hotel, a luxury apartment complex and 30 acres of preserved open space, in addition to the shops, restaurants and service retailers.
CHARLOTTE, N.C. AND KANSAS CITY, MO. — Charlotte-based Six Flags Entertainment Corp. (NYSE: FUN), the world’s largest regional theme park operator, has entered into a definitive agreement to sell seven of its amusement parks for $331 million in cash. Kansas City-based EPR Properties (NYSE: EPR), an experiential and entertainment real estate investment trust, was the buyer. The parks total more than 1,600 acres combined and draw approximately 4.5 million visitors annually. “Consistent with our strategy, this divestiture enables us to concentrate our capital, leadership and operational focus on the properties that we believe generate the strongest returns and offer the greatest long-term upside,” says John Reilly, president and CEO of Six Flags. Six Flags will sell a list of parks including Valleyfair in Minneapolis; Worlds of Fun in Kansas City; Michigan’s Adventure in Grand Rapids, Mich.; Schlitterbahn Waterpark Galveston in Galveston, Texas; Six Flags St. Louis in St. Louis; Six Flags Great Escape in Queensbury, N.Y.; and Six Flags La Ronde in Montreal. Florida-based Enchanted Parks, a newly formed owner-operator entity that was formerly known as Innovative Attraction Management, is partnering with EPR Properties to lease and operate the six U.S. parks, while La Ronde Operations Inc. will lease and operate …
Atlantic Cos. Secures Construction Financing, Breaks Ground on Mixed-Use Project in Roswell, Georgia
ROSWELL, GA. — The Atlantic Cos. has secured construction financing and commenced construction on Hillrose Market, a seven-acre mixed-use development in downtown Roswell, a northern suburb of Atlanta. The financing included debt from SouthState Bank and a revenue bond issued by the Roswell Downtown Development Authority. Patterson Real Estate Advisory Group arranged the financing. Located adjacent to City Hall with a walking trail connection to the city’s Canton Street district, Hillrose Market will comprise a six-building, 75,000-square-foot retail village surrounding a central greenspace, as well as an office building dubbed 25 Hill along Atlanta Street and an adaptive reuse of the former Roswell Police Department dubbed Station 37 that will feature ground-floor retail space and a second-level workplace. The overall development will also include 143 luxury rental flats and 16 two-story brownstone townhomes. Atlantic Cos. plans to deliver the project in the second half of 2027. The design-build team includes ASD | SKY (architect), Westbridge (commercial consultant), New South Construction Co. (general contractor), Kimley-Horn (civil engineer) and Crosby Design Group (interior design for the multifamily component). Bridger Properties is handling the development’s retail leasing assignment, and Cushman & Wakefield is handling office leasing.
GOODLETTSVILLE AND SMYRNA, TENN. — CBRE has arranged $58 million in acquisition financing for a last-mile industrial portfolio in metro Nashville spanning more than 600,000 square feet. Mike Ryan, Richard Henry, J.P. Cordeiro and Taylor Crowder of CBRE’s Debt & Structured Finance team arranged the financing through Starwood on behalf of the borrower, Raith Capital Partners. The properties in the portfolio include: 300 Oak Bluff Lane in Goodlettsville (207,080 square feet); 100 Northfork Lane in Goodlettsville (67,000 square feet); 200 Northfork Lane in Goodlettsville (100,500 square feet); and 801 Swan Drive in Smyrna (229,504 square feet). Delivered between 1993 and 1998, the properties were fully leased at the time to five tenants and feature clear heights ranging from 24 to 30 feet.
TAMPA, FLA. — A partnership between Banyan Street Capital and Lafayette Street Capital has acquired Harborview Plaza, a 6.7-acre, waterfront office complex in Tampa’s Westshore submarket. Atlanta-based Cousins Properties sold the 206,329-square-foot property for $39.5 million. Christian Lee and Sean Kelly of CBRE’s National Office Partners team represented Cousins Properties in the transaction. Amy Julian and Andrew Chilgren of CBRE’s Debt & Structured Finance team arranged acquisition financing for the new owners through Prime Finance. Tom Rappa, Matthew Lee, Max Nathan, Joe Chick and Dale Peterson of CBRE supported the transaction. Banyan Street Capital and Lafayette Street Capital have retained Jim Moler and Deana Beer of JLL to handle the leasing assignment at Harborview Plaza. The new owners plan to make several capital improvements at the office complex, including updated elevators, a new lobby, tenant lounge, café, waterfront outdoor patio and a “third workplace.” Future enhancements will include new wayfinding and building signage.
MCDONOUGH, GA. — ECI Group has sold The Corwyn South Point Apartments, a 260-unit community located at 1000 Columns Drive in McDonough, a southern suburb of Atlanta. Morgan Properties purchased the property for an undisclosed price. David Gutting of Newmark represented the seller in the transaction. The Corwyn South Point features one-, two- and three-bedroom apartments. Amenities include a 2,000-square-foot clubhouse with a kitchen, fitness center with a dedicated yoga/spin room and a gathering room featuring a lounge, fireplace, TV and media center with a gaming area. Outdoor amenities include a resort-style pool with sun shelf and deck, grilling and fire pit areas, landscaped courtyard with a bocce ball court and a dog park and pet wash station.
NEW YORK CITY AND RADNOR, PA. — Mapletree, a global real estate development, investment, capital and property management company, has completed the sale of an industrial portfolio located along the East Coast for $575 million. EQT Real Estate, an industrial owner-operator based in Radnor, was the buyer. Totaling 4.4 million square feet, the logistics portfolio comprises 25 warehouse properties located in Connecticut, Florida, Georgia, New Jersey, North Carolina, Pennsylvania, Tennessee, Virginia and Washington, D.C. Of the assets, 24 were held under Mapletree US & EU Logistics Private Trust (MUSEL), a closed-end private fund established in 2019. MUSEL launched with $4.3 billion in assets under management. The additional property included in the portfolio was held under the Mapletree US Logistics Private Trust (MUSLOG), a closed-end private fund launched in 2021 with a portfolio of 155 logistics properties totaling $3.3 billion in value. “This divestment reflects the successful execution of our closed-end fund strategy and illustrates the strength of our U.S. industrial platform,” says Richard Prokup, CEO, U.S., at Mapletree. “Looking ahead, we remain confident in the logistics sector’s long-term fundamentals as we advance new development opportunities nationwide to grow our pipeline.” Last year, Mapletree sold another portfolio to EQT for $242 million. …
BEDINGTON, W.VA. — Penzance plans to develop a $4 billion data center campus in Bedington, a city in Berkeley County on the east side of West Virginia. The 600-megawatt (MW) hyperscale campus will be situated on 548 acres and will span 1.9 million square feet at full build-out, with the ability to scale further to meet future demand. Penzance made the announcement last week in the West Virginia State Capitol with Gov. Patrick Morrisey and other state and local government staffers. The Berkeley County site marks the first high-impact data center project approved under West Virginia’s House Bill 2014. Penzance plans to begin construction before the end of the year, with delivery of the first megawatts of capacity targeted for the end of 2028. In addition to the Bedington project, Penzance recently broke ground on a 45 MW, 240,000-square-foot data center in Chantilly, Va.