Southeast

Webinar: From Hype to Readiness — How Commercial Real Estate Firms Are Preparing for AI

by Sarah Daniels November 24, 2025

The November 18 France Media webinar “From Hype to Readiness — How Commercial Real Estate Firms Are Preparing for AI,” hosted by France Media and sponsored by Defease With Ease | Thirty Capital, offered a look at the realities of artificial intelligence (AI) within the industry. What can a year of AI use in commercial real estate tell us about implementation and tactics? Panelists touched on the limitations of general-purpose tools, as well as trending topics including safeguards, data privacy, accuracy and institutional control. For professionals engaged in commercial real estate, the session highlighted practical ways AI can elevate both day-to-day efficiency and organizational sophistication (especially if efforts are backed up by a unified library of proprietary portfolio data). Panelists discussed how purpose-built platforms can support underwriting, refinancing, internal reporting and ongoing asset optimization by using secure, updated data. The expert presenters gave concrete examples on how AI can act as an effort multiplier: it can strengthen accuracy, surface risks earlier and broaden the capabilities of team members. The included case study underscored real-world advantages, including improved reporting integrity, stronger oversight and better workflow automation. Register here to watch this brief webinar to gain helpful insights on integrating new technology …

November 24, 2025

Development Industrial Southeast Virginia

LEGO Group Breaks Ground on $360M Regional Distribution Center in Virginia

by Abby Cox November 24, 2025

PRINCE GEORGE COUNTY, VA. — The LEGO Group has broken ground on its new 2 million-square-foot regional distribution center in Prince George County near Richmond. The $360 million project will complement the LEGO Manufacturing Virginia facility that is underway in nearby Chesterfield County. Both facilities are scheduled to open in 2027 and will allow the company to reduce lead times, respond faster to shifts in demand, shorten the supply chain and slash its environmental impact. The new facility, which marks LEGO’s sixth distribution center worldwide and second in the United States, will feature advanced automation and will use 100 percent renewable energy to power the site to meet LEED Gold certification. The company also aims to achieve WELL Certification, which certifies buildings for improving the health and well-being of its occupants. The LEGO Group previously announced a build-to-suit lease for the new distribution center with Crosspointe Commerce Center, a joint venture between Hillwood Investment Properties and The Silverman Group. A third-party logistics provider will operate the facility, which is expected to create more than 300 jobs once opened, according to company representatives.

November 24, 2025

Acquisitions Maryland Retail Southeast Virginia

Finmarc Management Acquires Two Movie Theater Properties in Maryland, Virginia for $15.1M

by Abby Cox November 24, 2025

CENTREVILLE, VA. AND BRANDYWINE, MD. — Bethesda, Md.-based Finmarc Management has acquired a pair of retail properties leased by national movie operators in Virginia and Maryland for $15.1 million. EPR Properties was the seller. The first property, which spans 72,821 square feet, is located roughly 25 miles west of Washington, D.C., at 6201 Multiplex Drive in Fairfax County, Va. Cinemark Centreville fully leases the building, which features 12 screens. The second property is situated at 7710 Matapeake Business Drive in Brandywine and totals 60,000 square feet. The 14-screen theater is fully leased to Xscape Theatres.

November 24, 2025

Acquisitions Georgia Industrial Southeast

Lee & Associates Negotiates Sale of 335,613 SF Industrial Facility in Metro Atlanta

by Abby Cox November 24, 2025

DOUGLASVILLE, GA. — Lee & Associates has negotiated the sale of a 335,613-square-foot industrial facility located at 7555 Wood Road in the Atlanta suburb of Douglasville. The property features modern construction elements, high clear heights, multiple dock positions and functional warehouse space that can accommodate a variety of industrial users. The asset’s location also provides direct access to I-20 and I-285, as well as various regional transportation networks. Approximately 27,917 square feet of the facility is now available for lease. Billy Snowden of Lee & Associates represented the buyer in the transaction. Both the buyer and seller requested anonymity.

November 24, 2025

Healthcare North Carolina Southeast

CBRE Arranges Sale of 35,171 SF Medical Outpatient Building in Durham

by Abby Cox November 24, 2025

DURHAM, N.C. — CBRE has arranged the sale of EmergeOrtho Southpoint, a 35,171-square-foot medical outpatient building (MOB) and ambulatory surgery center (ASC) located within the larger Westpoint development in Durham. Chris Bodnar, Brannan Knott, Mindy Berman, Zack Holderman, Cole Reethof, Jesse Greshin, Tom Fritsch and Joe Graham of CBRE represented the seller. Both the buyer and seller requested anonymity. EmergeOrtho Southpoint serves as a comprehensive orthopedic care center and is fully occupied by EmergeOrtho, North Carolina’s largest orthopedic group, and its affiliate Southpoint Surgery Center, which is a joint venture between EmergeOrtho and Surgery Partners. The remaining lease term for the building is more than 13 years. The property, which was constructed in 2020, features two operating rooms and four procedure rooms.

November 24, 2025

Leasing Activity Maryland Southeast

David S. Brown Enterprises Signs Three New Leases at Metro Centre Owings Mills in Metro Baltimore

by Abby Cox November 24, 2025

OWINGS MILLS, MD. — Locally based David S. Brown Enterprises has signed three new leases at Metro Centre Owings Mills, a mixed-use, transit-oriented development under construction in the Baltimore suburb of Owings Mills. Bakery-café chain Paris Baguette, Miss Toya’s Creole House and Royalty Dental are all scheduled to debut in 2026. In addition to the new lease signings, Japanese restaurant Chiimii Sushi & Sando recently opened at the property. Current tenants at the center include The Tillery, Hook & Reel, Toastique, World of Beer, Bee Inspired Goods, Club Pilates, Eggspectation and King Fu Tea. Upon completion of the mixed-use development, Metro Centre Owings Mills is expected to offer 150,000 square feet of retail and restaurants, 560,000 square feet of office space and 1,700 luxury apartments, along with a full-service hotel.

November 24, 2025

Georgia Market Reports Multifamily Southeast Southeast Market Reports

Atlanta Multifamily Market: Signs of a Recovery After a Sharp Downturn

by John Nelson November 24, 2025

Atlanta’s multifamily market has been in a slump that would even make Braves fans wince. After peaking with record-breaking sales in 2021, volumes slid as borrowing costs climbed and supply piled up. But just like any good ballclub, the fundamentals matter, and the data suggests momentum is quietly building for a 2026 comeback season. Sales volume trends According to research from CoStar Group, institutional multifamily sales in Atlanta (transactions of $50 million or more) peaked in 2021 at $12.8 billion, driven by record pricing, historically low borrowing costs and robust rent growth. Since then, record supply, rising expenses and a sharp increase in borrowing costs have pushed sales volumes down by more than 70 percent, averaging just $3.5 billion annually over the past three years. While the broader U.S. economy has surged since 2022 — the S&P 500 has climbed 45 percent since fourth-quarter 2022 — commercial real estate has been searching for its bottom. Data now suggests that Atlanta has reached this inflection point, and history indicates increased activity and rising values in the years ahead. Parallels to the GFC Looking back at the global financial crisis (GFC) provides valuable context. The chart above (inflation-adjusted using Real Capital Analytics’ …

November 24, 2025

Florida Loans Multifamily Southeast

13th Floor, Key International Break Ground on 327-Unit Skye Apartment Community in Delray Beach, Florida

by Abby Cox November 21, 2025

DELRAY BEACH, FLA. — 13th Floor Investments and Key International have broken ground on Skye, a 327-unit apartment community located in Delray Beach, approximately eight miles north of Boca Raton, Fla. CIBC Bank USA is providing a $79.2 million construction loan to finance the project. The Skye apartment complex is the second residential phase of the 50-acre Parks at Delray mixed-use development, following the debut of Savio, a 420-unit apartment complex. Skye is slated for completion in 2027. Designed by MSA Architects, Skye will offer studios, one-, two- and three-bedroom floorplans ranging in size from 560 to 1,410 square feet, as well as three-bedroom townhome options spanning up to 1,770 square feet. Amenities at the complex will include a beach-entry swimming pool with cabanas and a pool bar, parks with jogging trails and outdoor BBQs and an outdoor “tot lot” and children’s playroom. Additional amenities include a 24-7 fitness center, yoga room, dog park, coworking spaces with a business center, lounge, social club room with a kitchen and a bar. Residents also have access to package rooms, select garages, covered parking and complimentary Wi-Fi in common areas.

November 21, 2025

Development Florida Retail Southeast

GBT Realty to Develop Sprouts-Anchored Shopping Center in New Smyrna Beach, Florida

by Abby Cox November 21, 2025

NEW SMYRNA BEACH, FLA. — GBT Realty Corp. has unveiled plans to develop Shops at New Smyrna, a 55,273-square-foot, grocery-anchored neighborhood shopping center located in New Smyrna Beach. Construction of the project is scheduled to begin in summer 2026, with completion set for summer 2027. A 23,273-square-foot Sprouts Farmers Market will anchor the development, which will also feature an additional 35,000 square feet of junior anchor and inline retail space across two buildings, as well as two one-acre outparcels. The tenant roster is expected to include fitness and restaurant users and soft goods services, among others.

November 21, 2025

Hospitality Loans Maryland Southeast

PMZ Realty Capital Arranges $12M Loan for Hilton Hotel Property in Metro Baltimore

by Abby Cox November 21, 2025

BEL AIR, MD. — PMZ Realty Capital has arranged a $12 million bridge loan for Hilton Garden Inn Bel Air, an 83-room hotel located in Bel Air, roughly 30 miles northeast of Baltimore. A private lender provided the financing for the new bridge loan, which will replace the previous loan. The Hilton Garden Inn Bel Air features a heated indoor swimming pool, fitness center, complimentary Wi-Fi, free parking, electric vehicle charging stations, the Garden Grill & Bar hotel restaurant and 2,200 square feet of flexible meeting and event space.

November 21, 2025

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