Friday, September 4, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Southeast

Doral-Marketplace
AcquisitionsFloridaRetailSoutheast

Cushman & Wakefield Negotiates $83M Sale of Whole Foods-Anchored Shopping Center in Doral, Florida

by Abby Cox

DORAL, FLA. — Cushman & Wakefield has negotiated the sale of Doral Marketplace, an 83,365-square-foot, newly constructed shopping center located in Doral, a western suburb of Miami. According to multiple media outlets, the property sold for $83 million. Whole Foods Market anchors the property, which was fully leased at the time of sale to tenants including Ulta Beauty, Shake Shack, J. Crew and Warby Parker. Mark Gilbert, Adam Feinstein and Mitchell Halpern of Cushman & Wakefield represented the seller, Atlanta-based SJC Ventures, in the transaction. The buyer is a high-net-worth family office advised by Lincoln Property Co.

Continue Reading
FacebookTwitterLinkedinEmail
harris-teeter-development-site
AcquisitionsBuild-to-RentDevelopmentNorth CarolinaSoutheast

HMF Americana Acquires Land from Harris Teeter in Metro Charlotte, Plans Build-to-Rent Development

by Abby Cox

CHARLOTTE, N.C. — HMF Americana, a “hybrid home” development firm, has acquired a development site in metro Charlotte from locally based grocer Harris Teeter with plans to develop a 221-unit build-to-rent residential community. Situated between Stallings and Weddington, N.C., the development will include cottage-style rental homes, along with a portion of homes that will be reserved for residents age 55 and older. The project will also feature approximately 10,000 square feet of multi-tenant commercial space, with additional land available for future expansion. Dowell Finch of New South Properties is leading commercial leasing efforts at the property. Site work is expected to begin next month, followed by vertical construction in the first quarter of 2027. Initial resident move-ins are expected to begin in the third quarter of 2027. 

Continue Reading
FacebookTwitterLinkedinEmail
Sea-Harbor
AcquisitionsFloridaOfficeSoutheast

JLL Arranges Sale of 356,514 SF Office Building in Orlando

by Abby Cox

ORLANDO, FLA. — JLL Capital Markets has arranged the sale of Sea Harbor Office Center, a 356,514-square-foot office building located across from SeaWorld in Orlando. Robbie McEwan, Tucker Brooks and Jesse Jones of JLL represented the seller, Northridge Capital LLC, in the transaction. Duvalla Investments and Epoch Residential purchased the property for an undisclosed price. Originally built in 1984, the eight-story office building features a full-service cafeteria, fitness center, two separate lobbies and a five-story parking garage with 1,250 spaces, as well as an additional 380 surface parking spaces. The 14.2-acre site features Planned Development (PD) zoning that allows for future hotel and/or residential development.

Continue Reading
FacebookTwitterLinkedinEmail
District of ColumbiaSoutheast

U.S. Economy Posts Strong Rebound in August, Adds 162,000 New Jobs

by John Nelson

WASHINGTON, D.C. — The U.S. economy added 162,000 net new jobs in August and the unemployment rate was unchanged at 4.1 percent, according to the U.S. Bureau of Labor Statistics (BLS). The rise in total nonfarm employment was a strong rebound from the July figure, which the BLS revised upward from -23,000 to +21,000. Combined with an increase of 11,000 jobs in June, employment in June and July is 55,000 higher than previously reported. The August total more than triples what economists surveyed by Dow Jones expected for the month (+53,000), according to CNBC. Additionally, the August gains are more than five times the average monthly gain over the past 12 months (+31,000). Among employment sectors, the biggest gains were seen in food services and drinking places (+59,000) and local government education (+42,000). Other industries that experienced increases last month include construction (+22,000), manufacturing (+16,000) and healthcare (+13,000). Little change was seen in other major sectors including retail trade, transportation and warehousing, financial activities and professional and business services. The BLS also reported that 23,000 information jobs were lost in August, which continues the sector’s downward trend. The information sector, which comprises categories including broadcasting, content creation, data processing, web …

Continue Reading
FacebookTwitterLinkedinEmail
FloridaLoansMultifamilySoutheast

Newmark Arranges $215.8M Refinancing for Waypoint Multifamily Portfolio in Florida

by John Nelson

TAMPA, FLA. — Newmark has arranged $215.8 million in bridge financing for a five-property multifamily portfolio in Florida. Matthew Williams, Rob Wright, James Maynard and Kyle Schlitt of Newmark arranged the construction takeout financing through Benefit Street Partners on behalf of the borrower, Waypoint Residential. The 1,274-unit portfolio comprises newly constructed properties in Vero Beach, Port St. Lucie, Palm Bay, Davenport and Gainesville.

Continue Reading
FacebookTwitterLinkedinEmail
Affordable HousingDevelopmentMultifamilySoutheastTennessee

Holladay, Urban League Open East Nashville Affordable Housing Community

by John Nelson

NASHVILLE, TENN. — Holladay Ventures and the Urban League of Middle Tennessee (ULMT) have delivered Park24, a 140-unit affordable housing community in east Nashville. The property is located at 660 Joseph Ave. in the city’s McFerrin Park neighborhood. Park24 offers one-, two- and three-bedroom apartments affordable to households earning 30 to 80 percent of the area median income (AMI). Capital partners for the project included Amazon Housing Fund, U.S. Bancorp Impact Finance, Cedar Rapids Bank and Trust and Barnes Fund, which provided a $2 million grant. Community partners and consultants included ULMT, Pillars Development, PATHE and the McFerrin Park Neighborhood Association. Holladay Ventures also credited the Mayor’s Office of Nashville-Davidson County Metro, the Metropolitan Development and Housing Agency (MDHA), Tennessee Housing Development Agency and Metro Council as “backing” the project. The ULMT operates a 2,200-square-foot empowerment center onsite at Park24, which also features 2,500 square feet of ground-level commercial space that The Cauble Group is marketing for lease.

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityNorth CarolinaOfficeSoutheast

Accesso Signs Piedmont Health Services to 24,000 SF Office Lease in Durham

by John Nelson

DURHAM, N.C. — Accesso has signed a 24,000-square-foot lease with Piedmont Health Services, a North Carolina-based nonprofit healthcare system, in Durham. The tenant will occupy two spaces within two different buildings at Meridian Business Park, a 10-building office park. The lease term for both suites is nearly 11 years and will establish the organization’s long-term administrative headquarters, as well as flex space to warehouse equipment for Piedmont Health’s clinics and facilities across 14 North Carolina counties. Issac Brown and Doug Brock of Newmark represented Piedmont Health in the lease negotiations, and Brad Corsmeier and Brian Carr of CBRE represented Accesso. The owner also recently secured a loan modification for its mortgage at Meridian Business Park, which includes capital reserves to fund property improvements, renovations and spec suite development.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsConnecticutDelawareGeorgiaMassachusettsMultifamilyNew JerseyNortheastPennsylvaniaSeniors HousingSoutheastTop Stories

American Healthcare REIT Acquires Eight Seniors Housing Communities for $696M

by Matthew Auchincloss

IRVINE, CALIF. — American Healthcare REIT Inc. (NYSE: AHR) has acquired eight senior housing communities in six states for $696 million. The properties, which collectively comprise 867 units and were built between 2020 and 2022, are located in Massachusetts, Connecticut, New Jersey, Pennsylvania, Delaware and Georgia. Newmark acted as AHR’s real estate advisor for the transaction.  While there were multiple sellers, all eight properties were marketed together. AHR purchased 10 communities all together but assigned the purchase and sale agreements of two properties to another institutional investor.  “This series of transactions is an example of disciplined capital allocation supported by strong execution,” says Jeff Hanson, chairman and CEO of AHR. “We understood that only a solution for all 10 communities would clear the market. Rather than either walking away from a highly strategic opportunity or compromising our capital allocation discipline to secure it, we constructed a solution that required neither.” The purchase gives the Irvine-based company a larger presence in the Northeastern seniors housing market. The Northeast properties in the portfolio are located primarily in wealthy suburban markets such as Philadelphia’s Main Line, Westport, Conn., and suburban Boston.  AHR is strengthening this newfound foothold via a new operating relationship with Massachusetts-based LCB …

Continue Reading
FacebookTwitterLinkedinEmail
GeorgiaLoansRetailSoutheast

Cushman & Wakefield Arranges $72M Refinancing for Two Adjacent Shopping Centers in Sandy Springs, Georgia

by John Nelson

SANDY SPRINGS, GA. — Cushman & Wakefield has arranged a $72 million loan on behalf of locally based owner-operator Jamestown LP for the refinancing of two adjacent shopping centers in metro Atlanta. Totaling more than 340,000 square feet in Sandy Springs, the properties include Parkside Shops (158,400 square feet) and Hammond Exchange (176,000 square feet). A 49,506-square-foot Whole Foods Market anchors the centers, which share a footprint of about 25 acres. Additional tenants include Marshalls, HomeGoods, Petco and The Springs Cinema & Taphouse. John Alascio, Alex Hernandez, Alex Lapidus, Mitch Rothstein, Nick Scibelli and Mark Gilbert of Cushman & Wakefield secured the floating-rate loan through accounts managed by KKR on behalf of Jamestown.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts