Southeast

TAMPA, FLA. — A joint venture between Creation and PCCP has begun construction on 301 Exchange, a three-building, 330,000-square-foot industrial park located on Tampa’s east side. The 51-acre park will be situated at the intersection of U.S. Highway 301 and East Sligh Avenue, roughly two miles from I-4. 301 Exchange will comprise three rear-load buildings featuring 32-foot clear heights. The project team, including design-build firm LGE Design Build, plans to deliver the park by the end of 2027. The project represents the first development in Florida for Creation.

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RALEIGH, N.C. — A joint venture between Beacon Partners and Eagle Realty Group has broken ground on Rowan, a 386-room multifamily development located at 301 E. Six Forks Road in Raleigh’s Midtown district. The 12-acre project will comprise 350 apartments and 36 three-story townhomes. Amenities will include a resort-style pool, fitness center, coworking space and a lounge at the top level. Beacon plans to deliver Rowan in early 2029. Bank of America provided an undisclosed amount of construction financing for the project. The design-build team includes LaBella (architect), Level5 Design (interior designer), Wooten (civil engineer) and HK Jordan (general contractor).

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KNOXVILLE, TENN. — Arriba Capital has arranged a $47 million construction loan for a new 175-room Moxy by Marriott hotel in downtown Knoxville. Arriba Capital arranged the loan through an unnamed national lender on behalf of the borrower, Atlanta-based Vector Hospitality. The loan has a 77 percent loan-to-cost ratio, according to Arriba Capital. Located at 137 S. Central St., the seven-story hotel is slated to open in 2028 and offer three food-and-beverage options: The Getaway rooftop bar, Bar Moxy on the ground level and The Pop-Up Hub in the hotel’s breezeway.

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HALETHORPE, MD. — MacKenzie Commercial Services has brokered the $11.5 million sale of a 105,732-square-foot warehouse located at 4665 Hollins Ferry Road in Halethorpe, a suburb in Baltimore County. The buyer, VeryBest Wholesales, is relocating to the single-story warehouse from another location in Jessup, Md. Saver Automotive Products is the seller of the Halethorpe facility, which was delivered in 1972 and sits adjacent to I-895. Matthew Curran and Andrew Meeder of MacKenzie Commercial brokered the transaction.

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Wyndchase-Aspen

FRANKLIN, TENN. — Walker & Dunlop has arranged $110 million in financing for the acquisition of Wyndchase Aspen Grove, a 560-unit multifamily community located in Franklin, a southern suburb of Nashville. Allan Edelson, Justin Nelson, Jeremy Seid, Joe Tarantino and PJ Feichtmeier of Walker & Dunlop secured the floating-rate, interest-only loan through Wells Fargo on behalf of the borrower, an unnamed institutional client. Wyndchase Aspen Grove spans 30 residential buildings and features one-, two- and three-bedroom floorplans averaging 1,091 square feet in size. Amenities at the community, which is complemented by more than 60 acres of green space, include two swimming pools with sundecks, a 24-hour fitness center, clubhouse with a game room, outdoor gathering areas, grilling stations, cybercafé, playground, dog park and a pet wash station.

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Steel-64

SHELBYVILLE, KY. — Lakeland, Fla.-based Blue Steel Development has acquired 309 acres in Shelbyville, about 36 miles east of Louisville via I-64, with plans to build a nearly 1.8 million-square-foot industrial project dubbed Steel 64. The development will comprise two buildings spanning 1.4 million square feet and 362,909 square feet, respectively. Construction is slated to begin this quarter, with delivery anticipated for the fourth quarter of 2027. Steel 64, which will be designed to accommodate a range of distribution, logistics and manufacturing users, will include 40-foot and 36-foot clear heights, a dedicated trailer drop yard adjacent to Building 1 and double-row trailer parking for Building 2. The project team includes Horton, Harley & Carter, Inc. (architect), Land Design & Development Inc. (civil engineer), The Conlan Co. (general contractor) and CBRE (leasing). David Collie and Josh Tarpley of BWE arranged construction financing through Protective Life Insurance Co.

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Anniston-East

ANNISTON, ALA. — Arrow Real Estate Advisors has arranged $16.9 million in acquisition financing for a 559,900-square-foot industrial facility located in the eastern-central Alabama city of Anniston. Morris Betesh, Omar Ferreira, Jonah Schultz and Zac Cornell of Arrow Real Estate secured the loan through Wells Fargo on behalf of the borrower, Tampa-based BlueLedge Group. Situated at 100 National Drive along the I-20 corridor, the industrial facility includes 41 dock-high and 18 drive-in loading doors and was fully leased at the time of sale to an undisclosed third-party logistics operator.

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South-Ridge

GREENVILLE, S.C. — Northmarq has negotiated the sale of South Ridge, a 350-unit apartment community located at 823 S. Church St. in Greenville. Andrea Howard, John Currin, Austin Jackson, Jeff Glenn and James Dorsett of Northmarq represented the seller, Bethesda, Md.-based Railfield Realty, in the transaction. Houston-based The Dinerstein Cos. acquired the property for an undisclosed price. David Vinson, Faron Thompson and Grant Harris, also with Northmarq, secured a three-year bridge loan through AllianceBernstein on behalf of the borrower. Delivered in 2015, South Ridge comprises six residential buildings and is situated on approximately 8.7 acres. The community offers studio, one-, two- and three-bedroom floorplans and includes a mix of amenities such as a saltwater swimming pool, fitness center, resident sky lounge, outdoor entertaining areas and structured parking. South Ridge also features 14,658 square feet of ground-floor retail space occupied by Biscuit Head, Shred415, Mix Salon Studios and Strayer University.

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At the end of 2025, Atlanta’s industrial market turned a corner and has now regained its footing, especially in the bulk sector.  Four consecutive quarters of strong leasing activity signal that demand has returned, large users are back in the market and much of the inventory delivered immediately after the COVID-era development boom has been or is being absorbed.  For owners, developers and investors, the key takeaway is straightforward: Atlanta remains one of the country’s most resilient industrial markets, but the next phase of growth will be shaped by disciplined development and a continued flight to quality.  As for the broader market, leasing momentum began to accelerate late last year after a challenging stretch. Since then, leasing activity has steadily improved. Through the third quarter of 2026, Atlanta recorded 32.4 million square feet of new leasing activity for the year, with nearly 13.5 million square feet leased during the third quarter alone, according to Cushman & Wakefield’s data. Year-to-date leasing activity nearly surpassed all of 2025.  What’s particularly encouraging is the return of large-format users. “Bulk is back” has become a common refrain across the industry, and the data support that narrative. Several transactions exceeding 500,000 square feet were completed …

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WASHINGTON, D.C. — Total nonfarm employment in the United States increased by 165,000 jobs in October, according to the U.S. Bureau of Labor Statistics (BLS). The figure shows an unexpected increase from the upwardly revised +60,000 in September, and far above the 59,000 figure projected by Dow Jones economists, according to CNBC. The unemployment rate nudged down to 4.1 percent, compared to the forecasted 4.2 percent. In addition, August’s number increased by 53,000, raising the total to 186,000, while September revisions increased by 31,000. With these revisions, employment in August and September combined is 84,000 percent higher than previously reported. October job gains mostly occurred in professional and business services (+70,000), well above the average monthly gain of 15,000 over the prior 12 months. The sector has also added 269,000 jobs since a recent low in October 2025. Employment continued to trend up in professional, scientific and technical services (+33,000), administrative and support and waste management and remediation services (+28,000) and in management of companies and enterprises (+9,000). Healthcare added 42,000 jobs in October, which is higher than the average monthly gain of 31,000 over the prior 12 months. Employment gains occurred in hospitals (+16,000), home healthcare services (+11,000) and outpatient …

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