MIAMI — L&L Holding Co. and Oak Row Equities, along with project partners Shorenstein Investment Advisors and Claure Group, have opened Wynwood Plaza, a 1 million-square-foot mixed-use campus located at 95 N.W. 29th St. in Miami. The project is anchored by a luxury apartment community, shops and restaurants surrounding a half-acre public plaza and a 12-story office tower that is leased to tenants including Amazon (50,333 square feet). The development team has secured leases for more than half of the 266,000-square-foot office building, with other committed tenants including OKO Group, Weitz & Luxenberg law firm and Claure Group. The Class A office building features private outdoor terraces, floor-to-ceiling windows, a fitness club, golf simulator and conference rooms. Wynwood Plaza Residences comprises 509 apartments ranging in floorplans from studios to two-bedroom units. Monthly rental rates range from $2,495 to $4,660, according to Apartments.com. Amenities include basketball and pickleball courts, a lap pool, swimming pool, hot tub, cold plunge, coworking lounge with private offices and a large conference room, café, game area and a fitness center with a sauna, massage room and outdoor space. Additionally, Luca Steak is expected to open its new restaurant at Wynwood Plaza next year. The design-build team includes …
Southeast
RICHMOND, VA. — JLL has negotiated the sale of a six-building industrial portfolio spanning more than 1 million square feet near Richmond International Airport. The portfolio comprises Class A and B buildings that were constructed between 1971 and 1999 across three sites. The assets are situated on the eastern side of Richmond’s metropolitan area near the intersection of I-295 and I-64. Bill Prutting, Pete Pittroff, Craig Childs, Chris Dale, Dave Andrews and Ginna Wallace of JLL represented the undisclosed seller in the transaction. The sales price was also not disclosed. The buyer, Silverman Group, has tapped SL Industrial Partners to manage the portfolio.
OPA-LOCKA, FLA. — Construction and development firm ANF has completed the construction of Wellspring Apartments, a new affordable seniors housing community located in Opa-locka, roughly 15 miles northwest of Miami. The Integral Group was the developer. Totaling 99 units, Wellspring Apartments features studio, one- and two-bedroom apartments. Residences are reserved for seniors earning at or below 60 and 50 percent of the area median income (AMI), with 67 units reserved for residents earning at or below 50 percent of AMI and 32 units reserved for residents earning at or below 60 percent of AMI. Amenities at the 81,350-square-foot property include a computer and library room, fitness center, community center with a full kitchen and a covered terrace.
Marcus & Millichap Brokers $7.2M Sale of Shopping Center in Lexington, South Carolina
by John Nelson
LEXINGTON, S.C. — Marcus & Millichap has brokered the $7.2 million sale of Hope Ferry Center, a 51,749-square-foot retail center located in the Columbia suburb of Lexington. Built in 2001 on 3.5 acres, Hope Ferry Center was leased to 23 tenants at the time of sale, including McAlister’s Deli, Learning Express Toys, Snip-Its, Blush Boutique, Tulip Boutique and Regional Finance. Harrison Creason and Andrew Margulies of Marcus & Millichap represented the seller, a local family partnership that owns and manages shopping centers throughout the Southeast. The property has been under single ownership since construction.
ALPHARETTA, GA. — Colliers has arranged a 26,285-square-foot lease at Preston Ridge III, a six-story office building located at 3460 Preston Ridge Road in Alpharetta, a northern suburb of Atlanta. The undisclosed tenant has previously subleased space at Preston Ridge III. Deming Fish of Colliers represented the landlord, Hobbs Brook Real Estate (HBRE), in the lease transaction. Preston Ridge III is a newly renovated, 146,000-square-foot office property situated off Ga. Highway 400. New touches to the office building include collaborative areas, fitness center with lockers, a refreshed lobby, common areas and EV charging stations.
CLERMONT, FLA. — Woodfield Development has delivered Klara at Clermont, a 289-unit apartment complex located in Clermont, approximately 22 miles west of Orlando. Klara spans six residential buildings and features one-, two- and three-bedroom floorplans ranging in size from 841 square feet to 1,657 square feet, according to Apartments.com. Monthly rental rates begin at $1,798. Carter & Carter Construction served as general contractor, Charlan Brock provided architectural design services and Beasley & Henley handled the interior design. Amenities at the community include a resort-style swimming pool with a sun shelf and poolside cabanas, outdoor grilling terraces and dining areas, a dog park with additional park space, a hammock lawn, fire pit and expansive great lawn, as well as a network of walking trails.
Mesa Capital Partners Breaks Ground on 290-Unit Sutton Row Apartment Community in Metro Atlanta
by Abby Cox
WOODSTOCK, GA. — Mesa Capital Partners has broken ground on Sutton Row, a 290-unit apartment community located in the Atlanta suburb of Woodstock. Cadence Bank and Atlantic Union Bank are providing construction financing for the development. The project team comprises Focus Design Interiors (interior designer), English & Associates (architect) and Tri-Bridge Residential (general contractor). Amenities at Sutton Row will include a multi-story clubhouse with a resident coffee bar and market, coworking lounge with private conference space and a fitness center that features a yoga studio and spin room. Residents will also have the chance to enjoy various outdoor spaces such as a resort-style swimming pool, covered pavilion with grilling stations and direct access to the future Cherokee County multiuse trail. Leasing is expected to begin in late 2026, with full completion scheduled for 2027.
Knott Realty Group Completes Two Baltimore County Industrial Buildings Totaling 276,000 SF
by Abby Cox
ROSEDALE, MD. — Knott Realty Group has completed two industrial buildings located at 9107 and 9115 Yellow Brick Road within Rossville Industrial Park in Baltimore County. 9107 Yellow Brick Road totals 150,492 square feet and offers 46 dock doors, two drive-in doors and 226 parking spaces, while 9115 Yellow Brick Road comprises 125,791 square feet with 38 dock doors, two drive-in doors and 160 parking spaces. Rossville Industrial Park now spans approximately 1 million square feet across nine buildings. The new facilities feature tilt-up construction, 32-foot height ceilings, ESFR sprinklers, high-bay LED lighting and a seven-inch reinforced concrete slab, as well as energy-efficient roofs and HVAC systems. An outside storage lot is also available to support up to 29 trailer drops. Additionally, Knott Realty Group will incorporate solar panels on the rooftops of both buildings and apply for LEED certification. The project team included Baltimore Land Design Group, Geo-Technology Associates, Glen Arm Building Co., Lorax Partnerships, Morris & Ritchie Associates, Venable and Ware Malcomb, with support from Providence Engineering and Paragon Engineering.
ARLINGTON, VA. — Whole Foods Market Daily Shop, the grocer’s smaller format retail concept, has opened its fourth location in the Crystal City neighborhood of Arlington. The grocery store spans 10,000 square feet of retail space, which makes it the largest Whole Foods Market Daily Shop to open and the first location to open outside of New York City. The store features more than 250 local items from the broader Washington, D.C., Maryland and Virginia (DMV) areas. The Arlington store officially opened on Thursday, Oct. 23. Information about the landlord was not released.
KENNESAW, GA. — Colliers has arranged an 80,000-square-foot office lease at 3074 Chastain Meadows in Kennesaw, a northwest suburb of Atlanta. According to third-quarter research from Lee & Associates, print media services provider Heidelberg USA Inc., the North American subsidiary of the German company Heidelberger Druckmaschinen AG, will fully occupy the single-story building. Deming Fish, Emily Richardson and Mark Maggard of Colliers secured the lease on behalf of the owner, Orion Properties.