Southeast

TDC Selects Mainsail Lodging as Hotel Development Partner at Medley Project in Johns Creek, Georgia

by Abby Cox January 23, 2026

ATLANTA — Toro Development Co. (TDC) has selected Mainsail Lodging & Development as the development partner and operator for the hotel component at Medley, a 43-acre mixed-use development under construction in the north Atlanta suburb of Johns Creek. The 150-room hotel will be integrated within the mixed-use development and will front the 25,000-square-foot greenspace at the property. The hotel, which is slated to open in 2028, will feature modern guestrooms, a signature restaurant and approximately 5,000 square feet of meeting and event space that connects to the green space and lobby. Along with the new hospitality component, Medley includes 164,000 square feet of retail, restaurant and entertainment space; 883 luxury apartments; and 110,000 square feet of office space. Medley will officially open on Oct. 29.

January 23, 2026

Affordable Housing Development Florida Multifamily Southeast

Fuse Group, KREA Open 502-Unit Mixed-Income Apartment Community in Fort Lauderdale

by John Nelson January 22, 2026

FORT LAUDERDALE, FLA. — Fuse Group and KREA Developments have opened The Arcadian, a 502-unit apartment development in Fort Lauderdale’s historic Sistrunk District. The property features two eight-story building housing studio, one- and two-bedroom apartments, as well as 15,000 square feet of commercial space on the ground level and a 629-space parking garage. Approximately 150 units are designated as “attainable housing,” including residences reserved for tenants earning 100 percent to 120 percent of the area median income (AMI). Amenities include inner courtyards, two heated swimming pools, a fitness center, outdoor movie screens, spa room with a sauna, a cryo lounge and massage chairs, yoga space, golf simulator, business center, coworking rooms and a club room. The design-build team includes general contractor South Pointe Construction and Development Co. and architect Behar Font & Partners. The City of Fort Lauderdale Community Redevelopment Agency provided a $10 million investment for the construction of The Arcadian.

January 22, 2026

Acquisitions Retail Southeast Virginia

Berkeley Capital Arranges $102M Sale of Virginia Beach Shopping Center

by John Nelson January 22, 2026

VIRGINIA BEACH, VA. — Berkeley Capital Advisors has arranged the $102 million sale of Landstown Commons Shopping Center, a 408,851-square-foot, open-air retail center located in Virginia Beach. Kohl’s, Ross Dress for Less, Best Buy, Old Navy and Ulta Beauty anchor the center. Other tenants include Bath & Body Works, Carter’s, Burlington, Five Below, Dollar Tree and PetSmart. Rob Carter of Berkeley Capital Advisors represented the seller, Rye, N.Y.-based Acadia Realty Trust, in the transaction. Moritt Hock & Hamroff represented the buyer, an affiliate of Yale Realty Services. Additionally, The Bank of Montreal provided $73.4 million in acquisition financing for the deal.

January 22, 2026

Development Florida Seniors Housing Southeast

NexCore Breaks Ground on Seniors Housing Community in Downtown Sarasota, Florida

by John Nelson January 22, 2026

SARASOTA, FLA. — NexCore Group has broken ground on The Reserve Sarasota, a new senior living community in southwest Florida. Located in downtown Sarasota, the property will total 248,582 square feet across seven stories. Experience Senior Living, a wholly owned subsidiary of NexCore, will operate the community. Amenities at the property will include multiple dining venues, wellness spaces and a rooftop pool. The project team includes Brinkmann Constructors, Hoyt Architects, Infrastructure Solutions Services and Senior by Design. Completion of the development is scheduled for December 2027.

January 22, 2026

Arkansas Development Leasing Activity Retail Southeast

Whole Foods to Open 39,500 SF Grocery Store in Rogers, Arkansas

by John Nelson January 22, 2026

ROGERS, ARK. — Whole Foods Market plans to open a new 39,500-square-foot grocery store in Rogers on Feb. 18. The store will be located at 1801 S. 46th St. and will represent the third Arkansas location for the Austin-based grocer. The new Whole Foods will offer more than 120 different products sourced from Arkansas and its surrounding states, including coffee from Onyx Coffee Lab and craft beer from Ozark Beer Co. The Whole Foods will anchor Summit Marketplace, a mixed-use development by Atlanta-based SJC Ventures that also features the Vista at Summit apartments. Other tenants at Summit Marketplace include Woof Gang Bakery and Grooming, Dave’s Hot Chicken, Serotonin, Veterinary Emergency Group, Chase Bank, E’lan Nails and PJ’s Coffee.

January 22, 2026

Development Loans Mixed-Use Southeast Tennessee

Hilco Provides $47.5M Construction Loan for Mixed-Use Development in Chattanooga

by John Nelson January 21, 2026

CHATTANOOGA, TENN. — Hilco Global Real Estate Capital has provided a $47.5 million loan to Urban Story Ventures to support the recapitalization and continued development of The Bend, a 100-acre mixed-use development underway in Chattanooga. Plans for the project, which will feature more than 3,000 linear feet of frontage along a bend of the Tennessee River, include approximately 1,700 residential units; 1.1 million square feet of office space; 1.2 million square feet of dining, shops and service retailers; 600 hotel rooms; entertainment and cultural venues; and a 300-slip marina. The Bend will be supported by public infrastructure investment through a public-private partnership structure between Urban Story Ventures and The City of Chattanooga. Jimmy White, president of Urban Story Ventures, says that the development has nearly $1 billion in potential investments in the works. The construction timeline for the project was not released.

January 21, 2026

Acquisitions Multifamily South Carolina Southeast

JLL Brokers Sale of 358-Unit Apartment Community in North Charleston

by John Nelson January 21, 2026

NORTH CHARLESTON, S.C. — JLL has brokered the sale of Link Apartments Mixson, a 358-unit property located at 4501 Mixson Ave. in North Charleston’s Park Circle submarket. Comunidad Realty Partners purchased the apartment community from Grubb Properties for an undisclosed price. John Gavigan, John Mikels, Ben Bury and Chase Monroe of JLL represented the seller in the transaction. Additionally, Robert Wooten and Jackson Finch originated a Freddie Mac loan for the acquisition. Link Apartments Mixson was developed in phases in 2014 and 2019. The community features a mix of one- and two-bedroom apartments, as well as a saltwater pool, 24/7 fitness center, coworking spaces, dog park and a community clubhouse with a coffee bar.

January 21, 2026

Development Florida Industrial Southeast

Terreno Realty Delivers 164,000 SF Industrial Facility in Metro Miami

by John Nelson January 21, 2026

HIALEAH, FLA. — Terreno Realty Corp. has delivered a 164,000-square-foot industrial facility in Hialeah, a suburb of Miami. The $43.4 million project is known as Building 32 within Terreno’s Countyline Corporate Park development. The property is situated on 8.3 acres with the park’s Phase IV, which spans 121 acres and is entitled for 2.2 million square feet of development, with full build-out expected by the end of 2027. Building 32 is fully leased to two tenants and includes a rear-load configuration, 36-foot clear heights, 53 dock-high doors, two grade-level loading positions and parking for 148 cars. The facility is expected to achieve LEED certification, according to Terreno. Countyline Corporate Park is a landfill redevelopment located adjacent to Florida’s Turnpike and the southern terminus of I-75.

January 21, 2026

Acquisitions Maryland Retail Southeast

IPA Negotiates Sale of 57,524 SF Shopping Center in Baltimore

by John Nelson January 21, 2026

BALTIMORE — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of Highlandtown Village, a 57,524-square-foot shopping center located at 3800 E. Lombard St. in Baltimore. Built in 1987, the retail center was fully leased at the time of sale to tenants including Hazlo International Foods, Dollar Tree, Baltimore Bark House, Fishtail Wine and Song’s Beauty Supplies. The average tenant occupancy at Highlandtown Village exceeds 14 years, according to IPA. David Crotts and Dean Zang of IPA represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed.

January 21, 2026

Development Industrial Leasing Activity North Carolina Southeast

Blackstone to Invest $475M for Automated Distribution Center in North Carolina’s Triad

by John Nelson January 20, 2026

BURLINGTON, N.C. — Funds managed by Blackstone Credit & Insurance will invest $475 million to construct a highly automated grocery distribution center in Burlington, a city in North Carolina’s Triad region near Greensboro. The Blackstone affiliate purchased the 196-acre site for $46 million, according to Triad Business Journal. The company leased the site to Ahold Delhaize USA, the U.S. arm of global grocer Ahold Delhaize that operates the Food Lion, Giant Food and Stop & Shop grocery chains. Under the triple-net lease agreement, Blackstone Credit & Insurance will own the facility and fund 100 percent of the construction costs, while Ahold Delhaize USA will occupy the facility for the long-term with an option to purchase the site in the future. Construction of the new facility is expected to begin in the first quarter , with plans for the distribution center to be fully operational by 2029 and employ over 500 Ahold Delhaize associates.

January 20, 2026

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