ALPHARETTA, GA. — Lincoln Property Co. has acquired a 10-property industrial portfolio in Alpharetta, a northern suburb of Atlanta. The seller and sales price were not disclosed. The properties within the approximately 1.1 million-square-foot portfolio were built between 1995 and 2000 and feature 18- to 23-foot clear heights, truck courts and roughly 24 percent office finishes. The portfolio, which was fully leased at the time of sale to 21 tenants, represents the fourth acquisition for the Lincoln Logistics Fund II.
GAINESVILLE, FLA. — 908 Group has broken ground on Chapter House UF, a 684-bed student housing development located at 920 S.W. Depot Ave. in Gainesville near the University of Florida campus. The project is being developed in partnership with Batson-Cook Development Co. and an undisclosed, Fortune 100 insurance company. The community will offer 219 units alongside 9,000 square feet of shared amenity space. The development team includes ARCO/Murray, Humphreys & Partners Architects and NV5. Pacific Life provided an undisclosed amount of construction financing. Asset Living has been tapped to manage Chapter House UF upon completion, which is scheduled for summer 2028.
GREENVILLE, S.C. — Canyon Partners Real Estate LLC has provided a $48 million loan for the refinancing of NorthPointe Apartments, a 286-unit community in Greenville. Walker & Dunlop’s Capital Markets Real Estate Finance team arranged the loan on behalf of the borrower, a joint venture between ECI Group and Central Realty Holdings. Built in 2021, NorthPointe features 21,400 square feet of ground-floor retail space, 597 structured parking spaces, a resort-style pool, 24-hour fitness center and a community room with a full kitchen and outdoor fireplaces.
LOXLEY, ALA. — Marcus & Millichap’s Taylor McMinn Retail Group has negotiated the sale of a newly constructed gas station and convenience store in Loxley, an eastern suburb of Mobile, Ala. Wawa occupies the retail property on a 20-year lease that features 7 percent rental increases starting in year 11 of the initial term and extension options. An investor purchased the property for an undisclosed price in a 1031 exchange all-cash from an Alabama-based development firm. Both parties requested anonymity. Don McMinn and Andrew Koriwchak of Taylor McMinn Retail Group brokered the transaction. “This marks our third Wawa closing in Alabama,” says McMinn. “As the third brokerage team engaged to market the property, we drew on our platform’s reach and extensive investor network to bring the transaction to a successful close at 97 percent of list price despite challenging market conditions.”
LA VERGNE, TENN. — Hamilton Development and Clarion Partners have purchased the former Bridgestone Americas tire plant in La Vergne, a southeast suburb of Nashville, with plans to redevelop the site into a master-planned industrial park. Jeff Feste and Dan McGillicuddy of JLL brokered the transaction. Feste, along with Christopher Gaw, Kelsey Johnson and Carly Seaman of JLL, will lead leasing efforts for the new site. Situated at 1201 Bridgestone Parkway, the 135-acre redevelopment will span 1.5 million square feet across 10 buildings. The site offers multiple opportunities for flexible build-to-suit or speculative space, with the ability to accommodate tenants from 80,000 to 250,000 square feet. The site plan also features a future retail building on the corner of Waldron Road and Bridgestone Parkway. The first phase of the project, which will begin immediately with demolition work of the existing Bridgestone plant, includes the construction of buildings 1 through 6, collectively totaling more than 760,000 square feet of space. Phase I is set to deliver in the second quarter of 2028. Major employers like FedEx, Amazon, UPS, The Home Depot, Quanta and Coca-Cola are also located nearby.
DUNWOODY, GA. — TruAmerica Multifamily has acquired Bricks at Perimeter, a 446-unit, garden-style apartment community located in Dunwoody, roughly 16 miles north of downtown Atlanta. The seller and sales price were not disclosed. Built in 2007, Bricks at Perimeter offers 16 studios, 250 one-bedroom, 154 two-bedroom and 26 three-bedroom apartments averaging 926 square feet in size. Amenities at the property include a fitness center, electric vehicle charging stations, a swimming pool, clubhouse, putting greens, a grill, dog park, business center and access to MARTA. As part of the acquisition, TruAmerica plans to renovate the property as 442 out of 446 apartments are still outdated or only partly upgraded.
LARGO, FLA. — MCB Real Estate has acquired Keene Plaza, an 81,272-square-foot shopping center located at 2150 E. Bay Drive in Largo, roughly 23 miles northeast of Tampa. The seller and sales price were not disclosed. Sprouts Farmers Market and BioLife Plasma Services anchor the retail property, which features a mix of additional tenants such as McDonald’s, Little Caesars, Dollar General, Hibachi Express, The Corner Skillet and Corner Wash Laundry. Renovated in 2025, recent improvements at the retail center include fresh building façades, resurfaced parking facilities, enhanced lighting, modernized retail suite interiors, updated mechanical systems and new roof installations.
HEBRON, KY. — Midland Atlantic Properties is underway on construction of The Shoppes at Hebron Pointe, a 93,875-square-foot retail property located at the corner of Graves Road and Worldwide Boulevard in Hebron, about two miles south of Cincinnati/Northern Kentucky International Airport. Publix will anchor the retail property, adding to the grocer’s 10 current stores in the Bluegrass State. Other tenants at The Shoppes at Hebron Pointe will include Marshalls and Five Below, along with additional national and regional retailers. Further details of the project were not disclosed.
Louisville’s office market is turning a page. If the first act of the market’s rightsizing was defined by COVID-era downsizing, where companies shed space as remote work took hold, the second act looks different and harder to sum up in a single storyline. Today, several forces are pulling in different directions at once. Some companies are still reducing their footprints as leases renew. Others are expanding as employees return to the office and spend more days per week at their desks. Additionally, a wave of expiring pandemic-era leases is forcing tenants to make fresh decisions about how much space they need and where they want it. The result is a busy market moving in several directions simultaneously. So what does a “right-sized” Louisville office look like in 2026? Flight to quality continues More than anything, tenants are still chasing quality. Well-located, highly amenitized buildings continue to win the deals, and there is now significantly fewer premium space available than there was a couple of years ago. Many tenants have already made that move as their leases have come up for renewal. That demand is showing up in rents. The best-positioned buildings, with the right amenity mix in the right location, …
ORLANDO, FLA. — Newmark has arranged $76.2 million in construction take-out bridge financing for Citron at The Packing District, a 354-unit multifamily community in Orlando. Matthew Williams, Rob Wright, David Williams, Kyle Schlitt and James Maynard of Newmark secured the financing on behalf of the landlord, EMBREY. The multifamily community is situated within the $700 million Packing District, a 202-acre mixed-use redevelopment that offers access to retail, dining and employment centers, as well as Publix and the Great Southern Box Co. food hall. The former property was a historical industrial zone and former cypress swamp that served as the 20th-century epicenter of Central Florida’s citrus industry. Dr. Phillips Charities, along with its affiliated entity Dr. Phillips Inc., is the master developer of the district. Delivered in 2025, Citron comprises a five-story residential building with one- and two-bedroom floorplans ranging in size from 632 to 1,346 square feet, according to Apartments.com. Amenities at the property include a top-floor deck with a media room; resort-style swimming pool with an adjacent lounge and poolside cabanas; a Wi-Fi lounge with a conference room and dedicated micro-offices; and an adjoining six-story structured parking garage.
Newer Posts