Southeast

FRP Development, Woodfield Begin Vertical Construction on Woven Mixed-Use Project in Greenville

by John Nelson January 15, 2026

GREENVILLE, S.C. — FRP Development Corp. and Woodfield Development have begun vertical construction at Woven, a mixed-use development underway at 1279 Pendleton St. in Greenville’s Village of West Greenville neighborhood. Slated for completion in fourth-quarter 2027, Woven will feature 214 one-, two- and three-bedroom apartments, including some workforce housing units. The project will also include 13,000 square feet of commercial space, public parking and more than 40,000 square feet of public open space, including a pocket park. The developers received $42.9 million in construction financing from Bank of Texas for the project. The design-build team includes general contractor CF Evans, architect Housing Studio and interior designer Shelton Taylor + Associates.

January 15, 2026

Development Florida Southeast Student Housing

BCDC, 908 Group to Break Ground on 511-Bed Student Housing Development Near FSU

by John Nelson January 15, 2026

TALLAHASSEE, FLA. — A joint venture between BCDC and 908 Group is set to break ground on Chapter House FSU, a 511-bed student housing development located at 601 W. Madison St. and 506 W. Gaines St. near the Florida State University (FSU) campus in Tallahassee. The two-building community will offer 129 units alongside 4,000 square feet of ground floor retail space. The development team for the project includes Humphreys & Partners, Culpepper Construction and Moore Bass Consulting. Asset Living has been tapped to manage the community upon completion. Pacific Life is serving as lender on the project with Marble Capital providing preferred equity. Further details on the community, including a timeline for completion, were not released.

January 15, 2026

Acquisitions Florida Multifamily Southeast

Bell Partners Purchases 350-Unit Apartment Community in Maitland, Florida

by John Nelson January 15, 2026

MAITLAND, FLA. — Bell Partners has purchased Trelago, a 350-unit apartment community located at 601 Trelago Way in Maitland, about nine miles north of Orlando. The Greensboro, N.C.-based investment firm has rebranded the property as Bell Trelago. Bell Partners purchased the community on behalf of the company’s Bell Growth & Income Fund from the undisclosed seller. Walker & Dunlop brokered the transaction. The sales price was not disclosed. Built in 2019, Bell Trelago is situated on 20 acres and offers views of Lake Hope. Amenities include a resort-style pool and pool deck, fitness center and lakefront amenities. The property is part of the 135-acre Trelago mixed-use project that will feature a Trader Joe’s grocery store.

January 15, 2026

Acquisitions Retail Southeast Tennessee

Dowd Cos. Brokers $5.6M Sale of Shopping Center in Clarksville, Tennessee

by John Nelson January 15, 2026

CLARKSVILLE, TENN. — The Dowd Cos. has brokered the $5.6 million sale of Clarksville Square, an 89,924-square-foot shopping center located at 1041 Riverside Drive in Clarksville, approximately 50 miles north of Nashville. John Dowd and Theresa Johnson of Dowd Cos. represented the undisclosed seller in the transaction. The buyer was a locally based investor. Built in 1967, Clarksville Square was fully leased at the time of sale to tenants including Dollar Tree, Big Lots and Farmers Home Furniture. The shopping center includes a retail outparcel leased to O’Reilly’s Auto Parts that was included in the sale.

January 15, 2026

Acquisitions Industrial Life Sciences Loans North Carolina Southeast

Reports: Fortress Investment Buys Pokemon-Anchored Manufacturing Campus Near Raleigh for $226.5M

by John Nelson January 14, 2026

MORRISVILLE, N.C. — Fortress Investment Group has purchased a majority of Spark LS, a 106-acre life sciences campus in the Raleigh suburb of Morrisville, for $226.5 million, according to Triad Business Journal. The sale covers six parcels, including two new advanced manufacturing facilities, totaling 80 acres. The news outlet also reported the buyer secured an acquisition loan from Bank of America totaling $111.1 million. In December, the seller, affiliates of Starwood Capital Group and Trinity Capital Advisors, signed a nearly 1.3 million-square-foot lease with Millennium Print Group for 20 years, with a 20-year renewal option. Doug Cook of Cushman & Wakefield arranged the lease. The tenant is a subsidiary of The Pokemon Co. International and produces Pokemon playing cards. The company plans to occupy more than 400,000 square feet of existing space and a new ground-up building totaling 866,000 square feet that will deliver in 2027, according to a December press release from Trinity Capital. Triad Business Journal reports that the status of the construction and upfit for Millennium Print is “unclear” in light of the ownership change.

January 14, 2026

Acquisitions Florida Office Southeast

Cross Ocean, CP Group Acquire Central Florida Office Portfolio for $96M

by John Nelson January 14, 2026

ORLANDO, FLA. — Cross Ocean Partners and CP Group have acquired an eight-property office portfolio in Central Florida for $96 million. The properties span 722,456 square feet and include Central Fairwinds in downtown Orlando (169,600 square feet); 1101 Greenwood in Lake Mary (155,048 square feet); Research Commons and Tech Point I and II in Orlando (188,738 square feet); Ingenuity Point in Orlando (125,616 square feet); and University Tech Center in Orlando (83,454 square feet). The portfolio was 93 percent occupied at the time of sale to tenants including the U.S. Army Corps of Engineers, Fairwinds Credit Union, Siemens Energy, Galen College of Nursing, Abbott Rapid Dx, Health First and the U.S. General Services Administration (GSA). Robbie McEwan and Matt McCormack of JLL represented the undisclosed seller in the transaction. CP Group will retain JLL to oversee leasing across the portfolio.

January 14, 2026

Development Florida Hospitality Loans Southeast

PACE Loan Group Provides $32.2M C-PACE Loan for Hyatt House Hotel in Orlando

by John Nelson January 14, 2026

ORLANDO, FLA. — PACE Loan Group (PLG) has provided a $32.2 million C-PACE loan for the development of Hyatt House, a 274-room extended stay hotel located at 6469 Westwood Blvd. in Orlando. The borrower is a joint venture between New York-based firms GFI Hospitality and LCP Group. The C-PACE loan will cover energy efficient HVAC systems, elevators, windows, high-efficiency plumbing, lighting and mechanical systems. The hotel will have direct access to the Orange County Convention Center upon completion, as well as an onsite restaurant, bar and a fitness center. About 60 percent of the hotel rooms will come equipped with a full kitchen. Crescent Hotels will operate and manage the Hyatt House hotel upon completion. The project team includes general contractor Cleveland Construction and architect Behar Peteranecz Inc.

January 14, 2026

Acquisitions Company News Maryland Retail Southeast

MCB Real Estate Completes Acquisition of Epic Real Estate Partners

by John Nelson January 14, 2026

BALTIMORE AND AUSTIN, TEXAS — MCB Real Estate, a privately held commercial real estate investment management and development firm based in Baltimore with more than $4 billion in assets under management (AUM), has completed the acquisition of Austin-based Epic Real Estate Partners. The transaction includes the operation of 15 grocery-anchored shopping centers totaling just over 2 million square feet of retail space across 10 states, with a total portfolio value exceeding $575 million, as well as the operating company encompassing 13 professionals. The assets were cumulatively 92 percent leased and occupied at the time of the merger, and the ownership structure of all property-level limited partnerships stayed intact as part of the transaction. The new AUM, which average 150,000 square feet in size, include: “The Epic Real Estate Partners portfolio, consisting of institutional-quality and high-performing grocery-anchored retail shopping centers, aligns perfectly with our existing national portfolio, while also providing a strong foothold and strategic presence into new submarkets with extremely favorable long-term growth opportunities,” says P. David Bramble, co-founder and managing partner of MCB. “We have known and respected the Epic team for years, and it was extremely important to retain the professional talent at Epic as part of this transaction, …

January 14, 2026

Development Industrial Life Sciences North Carolina Southeast

Johnson & Johnson to Develop Multibillion-Dollar Life Sciences Facility in Wilson, North Carolina

by John Nelson January 13, 2026

WILSON, N.C. — Pharmaceutical and home consumer products giant Johnson & Johnson has announced a new multibillion-dollar life sciences facility in Wilson, which sits east of the Raleigh-Durham region along I-95 in Wilson County. The new factory will focus on the production of medicines for oncology and neurological diseases. The development is expected to create up to 500 new jobs and represents the second major investment in Wilson County for Johnson & Johnson. In October 2024, the company announced a $2 billion manufacturing campus that would support 420 jobs. That facility is currently under construction, and Johnson & Johnson has begun hiring advanced manufacturing positions. Additionally, Johnson & Johnson announced last year a $2 billion biopharmaceutical manufacturing facility in nearby Holly Springs, N.C. Civic partners on the new factory in Wilson includes the North Carolina Department of Commerce, the Economic Development Partnership of North Carolina, the North Carolina General Assembly, the North Carolina Biotechnology Center, the North Carolina Community College System, the North Carolina Department of Environmental Quality, Wilson Community College, the BioPharma Crescent, Wilson County, the Wilson Economic Development Council and the City of Wilson.

January 13, 2026

Florida Loans Office Southeast

JLL Arranges $185M Loan for Downtown Fort Lauderdale Office Tower

by John Nelson January 13, 2026

FORT LAUDERDALE, FLA. — JLL has arranged a $185 million loan for The Main, a 25-story office building located at 201 E. Los Olas Blvd. in downtown Fort Lauderdale. Paul Stasaitis, Geoff Goldstein and Blake Koletic of JLL arranged the floating-rate loan through Nomura on behalf of the borrower, a joint venture between Stiles and Shorenstein Investment Advisors. Delivered in 2020, the LEED Gold-certified building spans 387,401 square feet and features VIP parking, a conference center, fitness center, amenity deck, tenant lounges and onsite restaurants including Moxie’s and Fogo de Chao. The Main was fully leased at the time of financing to tenants including JPMorgan Chase and Raymond James, among others.

January 13, 2026

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