Southeast

Hunt Midwest Delivers 505,134 SF Industrial Building in Metro Louisville

by John Nelson June 18, 2026

SIMPSONVILLE, KY. — Kansas City-based Hunt Midwest has delivered the first building at Simpsonville 64 Logistics Park, an industrial park in metro Louisville that can accommodate up to 3.3 million square feet of logistics space. The first building is Logistics II, a 505,134-square-foot cross-dock facility that Hunt Midwest says is the only 500,000-square-foot or larger facility available in the Louisville market. Logistics II features 36-foot clear heights, 58 dock doors (expandable to 102), four drive-in doors, 200-foot truck courts, 320 car parking spaces, 135 trailer parking spaces and build-to-suit office space. Hunt Midwest will deliver the second building in the park, the 270,098-square-foot Logistics I rear-load building, by August. Simpsonville 64 Logistics Park sits in Shelby County, roughly 25 miles east of Louisville via I-64. Doug Butcher and Alex Grove of CBRE are handling the leasing assignment for Logistics I and II. The design-build team includes H2B Architects, Mindel Scott (civil engineer) and Evans General Contractors.

June 18, 2026

Florida Loans Multifamily Southeast

Newmark Secures Refinancing for 448-Unit Apartment Community in Boca Raton

by John Nelson June 18, 2026

BOCA RATON, FLA. — Newmark has secured a loan of an undisclosed amount for the refinancing of The Seven at West Boca, a 448-unit apartment community located at 10235 Boca Entrada Blvd. in Boca Raton. Danny Matz, Roberto Salcedo, Matthew Williams and Robert Wright of Newmark secured the floating-rate loan through PGIM on behalf of the borrower, Grand Peaks, which acquired the property in 2024. Originally built in 1988, The Seven at West Boca features apartments averaging 883 square feet in size, as well as two swimming pools, a fitness center, barbecue areas, tennis courts and a playground.

June 18, 2026

Florida Industrial Leasing Activity Southeast

Stonemont Inks Full-Building Industrial Lease in Tampa Spanning 100,698 SF

by John Nelson June 18, 2026

TAMPA, FLA. — Atlanta-based Stonemont has executed a full-building lease at TIA Executive Center, a 100,698-square-foot industrial facility located at 6111 Johns Road in Tampa. The name of the tenant was not disclosed, but Tampa Bay Business Journal reports that Google’s self-driving car platform Waymo is leasing the entire building to be used as warehouse space. John Dunphy and Pete Cecora of JLL represented Stonemont in the lease negotiations. David Kaplan, Kyle Massie and Winston Fox led the Stonemont team internally on the transaction. Stonemont delivered TIA Executive Center in October 2025 in partnership with PCCP. The property, which is situated two miles from Tampa International Airport, features 32-foot clear heights and has one speculative office suite.

June 18, 2026

Acquisitions Alabama Seniors Housing Southeast

SLIB Arranges Sale of 54-Unit Seniors Housing Community in Tuscaloosa

by John Nelson June 18, 2026

TUSCALOOSA, ALA. — Senior Living Investment Brokerage (SLIB) has arranged the sale of an assisted living and memory care community located in Tuscaloosa. Built in 1994 and 2003, the property comprises 54 units. Dan Geraghty, Jeff Binder and Brad Clousing of SLIB represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed.

June 18, 2026

Conference Coverage Data Centers Features Industrial North Carolina Southeast Southeast Feature Archive

InterFace: Industrial Developers Are Fielding More Atypical Requirements from Tenants

by John Nelson June 18, 2026

During his keynote address at InterFace I-85 Industrial Corridor, a two-day conference held May 19-20 at the Hilton Uptown Charlotte, Gregg Healy, executive vice president and head of industrial services at Savills, shared a quote from Charles Darwin to end his presentation. “It is not the strongest of the species that survives, nor the most intelligent, but the one most adaptable to change.” Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. Industrial owners and developers have had to be adaptable given the haymakers issued by macroeconomic forces the past several years. During the COVID-19 pandemic, they rode the reinvigorated demand wave for e-commerce fulfillment with large-scale developments in key transportation corridors. In the following years, they scaled down their pipelines to focus on smaller, more targeted requirements as construction and capital costs rose significantly. And since Liberation Day, when the Trump administration declared a sweeping package of tariffs for foreign trade partners and specific commodities in April 2025, industrial developers have been building and leasing facilities for domestic and global manufacturers that were nearshoring their investments. Today, owners and …

June 18, 2026

Acquisitions Industrial Southeast Virginia

JLL Negotiates Sale of 655,852 SF Industrial Portfolio Near Port of Virginia

by John Nelson June 17, 2026

SUFFOLK AND CHESAPEAKE, VA. — JLL has negotiated the sale of a four-building industrial portfolio situated near the Port of Virginia in the Hampton Roads region of the Commonwealth. NorthPoint Development purchased the 655,852-square-foot portfolio from an affiliate of Equus Capital Partners Ltd. Bill Prutting, Chris Dale, Craig Childs, Ginna Wallace and Andrew Baquero of JLL represented the seller in the transaction. The sales price was not disclosed. The portfolio comprises distribution facilities located at 6900, 6920 and 6950 Harbour View Blvd. in Suffolk and 2601 Indian River Road in Chesapeake. The properties were built between 2005 and 2012 and were 82 percent occupied at the time of sale to 10 tenants.

June 17, 2026

Development Industrial North Carolina Southeast

Obrecht Properties Enters North Carolina With Planned 325,550 SF Industrial Development Near Fort Bragg

by John Nelson June 17, 2026

FAYETTEVILLE, N.C. — Obrecht Properties LLC has purchased 30 acres adjacent to Fort Bragg, a U.S. military base spanning 160,000 acres in central North Carolina. The Maryland-based developer plans to develop The Gateway at Military Business Park, a six-property industrial park spanning 325,550 square feet, on the site at 2755 Procurement Circle in Fayetteville. The park represents Obrecht’s entry into North Carolina. The developer plans to break ground immediately on Phase I, which will comprise two single-story buildings totaling 52,500 square feet, with plans to deliver the first phase next summer. Obrecht has tapped Neil Grant and Roger Marx of Grant-Murray Real Estate to oversee leasing at The Gateway at Military Business Park.

June 17, 2026

Acquisitions Florida Retail Southeast

Marcus & Millichap Brokers $19.5M Sale of Westgate Square Shopping Center in Orlando

by John Nelson June 17, 2026

ORLANDO, FLA. — Marcus & Millichap has brokered the $19.5 million sale of Westgate Square, a 136,189-square-foot, grocery-anchored shopping center located at 2625 Hiawassee Road in Orlando. Salim Valiani and Yassin Benkabbou of Marcus & Millichap represented the seller, a private high-net-worth individual from South Florida, in the transaction. The buyer was also not disclosed. Built in 1981 and renovated in 1990, Westgate Square was fully leased at the time of sale to Bravo Supermarket, Goodwill, Family Dollar and Hibbett Sports.

June 17, 2026

Acquisitions Florida Retail Southeast

SRS Arranges $10.9M Sale of New Retail Strip Center in Bradenton, Florida

by John Nelson June 17, 2026

BRADENTON, FLA. — SRS Real Estate Partners has arranged the $10.9 million sale of Heritage Station, a 13,538-square-foot retail strip center located in Bradenton. Spanning nearly three acres across two buildings, the newly constructed property was fully leased at the time of sale to tenants including Aspen Dental, Chipotle Mexican Grill, Five Guys, Einstein Bros. Bagels and America’s Best Contacts & Eyeglasses. Heritage Station sits adjacent to Marketplace at Heritage Harbour, a 500,000-square-foot shopping center. William Wamble and Patrick Nutt of SRS represented the seller and developer of the property, a joint venture between SREG, an Atlanta-based retail developer, and Bones Investment Group, a private real estate fund for professional athletes based in Tampa. The buyer was a Minnesota-based private investor.

June 17, 2026

Development Industrial North Carolina Southeast

Partnership Breaks Ground on 809,141 SF Industrial Park in Durham

by John Nelson June 16, 2026

DURHAM, N.C. — A partnership between Hines and an Ares Real Estate fund has begun construction on Parkside Commerce Center, a four-building industrial park spanning 809,141 square feet in Durham. The project will be situated along Silicon Drive and sit adjacent to Research Triangle Park. The co-developers have tapped Foundry Commercial to lead leasing and marketing at Parkside Commerce Center, which will be developed in two phases. Phase I, which is slated to deliver in fourth-quarter 2027, will include Building 1 (a 237,824-square-foot rear-load facility) and Building 2 (a 283,724-square-foot rear-load building). Both buildings will feature 36-foot clear heights and 63 trailer stalls. Phase II will include Building 3 (a 172,289-square-foot facility) and Building 4 (a 115,304-square-foot property), both of which will have 32-foot clear heights.

June 16, 2026

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