Southeast

Cuadra Capital Acquires 250,000 Square Feet of Retail, Mixed-Use Developments in North Carolina, Florida

by Abby Cox September 14, 2026

CHARLOTTE, N.C. — Cuadra Capital, a Charlotte-based real estate investment and operating firm, has acquired multiple retail and mixed-use assets totaling 250,000 square feet across North Carolina and Florida. The acquisitions include State Street Station in Greensboro, College Plaza in Winston-Salem and the Bottleworks District in Wilmington, N.C. The lone Florida acquisition was Park & King in Jacksonville. State Street Station is a 60,977-square-foot, eight-building neighborhood retail center that includes a mix of food-and-beverage, service, medical and wellness retail tenants. The firm also acquired four adjacent parcels from a local owner to expand parking capacity and improve accessibility surrounding State Street Station. College Plaza is a 50,000-square-foot shopping center located across from The Grounds, a 100-acre mixed-use district under construction. The center is home to local tenants such as Jimmy the Greek and Elizabeth’s Pizza. As part of the acquisition, Cuadra also purchased the adjacent parcel situated at 2730 University Parkway, with plans to implement capital improvements at the property. The Bottleworks District is a four-property, 100,000-square-foot mixed-use portfolio that spans three contiguous blocks. The portfolio is home to a mix of food-and-beverage, office and light industrial tenants, including Hi-Wire Brewing, The Ibis, Cugina Forno and the YMCA. Park & King …

September 14, 2026

Acquisitions Development Florida Restaurant Retail Southeast

CrossMarc Capital Purchases Open-Air Retail Venue in Oviedo, Florida for $8.3M

by Abby Cox September 14, 2026

OVIEDO, FLA. — CrossMarc Capital LP has acquired The Food Factory at Oviedo on the Park, a 14,000-square-foot, open-air dining and entertainment venue in the northeast Orlando suburb of Oviedo, for $8.3 million. The acquisition includes the Food Factory building, as well as an adjacent parcel where CrossMarc plans to develop a 3,894-square-foot, multi-tenant retail building. Construction is expected to begin in November. Approximately 1,200 square feet has already been preleased to Kilwins, an American confectionary franchise. Winter Park, Fla.-based Michael Collard Properties sourced the off-market transaction.

September 14, 2026

Development Industrial Southeast Tennessee

Brennan Breaks Ground on 210,000 SF Industrial Facility in Nashville

by Abby Cox September 14, 2026

NASHVILLE, TENN. — Brennan Investment Group has broken ground on a 210,000-square-foot speculative industrial facility in the historic Whites Creek neighborhood of Nashville. The building is expected to be completed in the second quarter of 2027. Situated on 17 acres, the rear-load building will feature 260-foot depths, ample trailer and car parking spaces, 32-foot clear heights, an ESFR sprinkler system, concrete tilt-wall construction and the ability to accommodate up to five tenants.

September 14, 2026

Acquisitions Kentucky Office Southeast

Marcus & Millichap Brokers Auction Sale of 25,274 SF Office Property in Louisville Leased to Chewy

by Abby Cox September 14, 2026

LOUISVILLE, KY. — Marcus & Millichap has brokered the auction sale of a 25,274-square-foot office property located at 3621 Fern Valley Road in Louisville. Chewy Inc., the online retailer for pet food and medications, occupies the building on a corporate-guaranteed lease with a little more than three years remaining on the initial term and two five-year renewal options. The property serves as the brand’s national call center and training hub that supports Chewy’s pharmaceuticals business. Daniel Greenamyre of Marcus & Millichap marketed the property on behalf of the Chicago-based seller. Greenamyre worked with Paul Casella and Derek Schuster of Marcus & Millichap’s Auction Services team to execute the online auction. Michael Glass served as Marcus & Millichap’s broker of record in Kentucky for the deal. The buyer and sales price were not disclosed.

September 14, 2026

Florida Market Reports Restaurant Retail Southeast Southeast Market Reports

Why Quality Continues to Drive Orlando’s Retail Investment Market

by John Nelson September 14, 2026

If there is one thing I have learned over the past year, it’s that retail buyers have not left Orlando. They have become more selective, and that selectivity is exposing the real issue in the market: there are not enough high-quality retail properties available for sale in the trade areas investors want most. Inventory remains near all-time lows throughout Central Florida, especially in established trade areas with strong demographics, excellent visibility and limited opportunities for new development. As a result, buyer demand continues to outpace the number of available opportunities. Orlando remains one of the strongest retail markets in the country, supported by healthy consumer spending, positive net absorption and a limited construction pipeline that continues to give investors confidence. For owners, this creates an important window. Properties with strong locations, durable tenancy and a clear growth story are standing out because buyers have fewer comparable alternatives to pursue. In this market, quality does not just protect value; it creates competition. One of the biggest changes I have noticed over the past few years is how buyers evaluate opportunities. A few years ago, investors moved much faster. Today, they spend more time underwriting acquisitions, reviewing lease structures and understanding the …

September 14, 2026

Development Georgia Industrial Southeast

Joint Venture Delivers 686,400 SF Speculative Industrial Park in Buford, Georgia

by Abby Cox September 11, 2026

BUFORD, GA. — A joint venture between Trammell Crow Co. and a consortium led by CBRE Japan has delivered Buford Creek Business Center, a three-building, 686,400-square-foot speculative industrial park located in Buford, a northeast suburb of Atlanta in Gwinnett County. Building 100 at Buford Creek Business Center is a 349,440-square-foot cross-dock warehouse with 40-foot clear heights and 64 trailer parking spaces. Buildings 200 and 300, which are both rear-load buildings, each total 168,400 square feet and include 36-foot clear heights with 40 and 24 trailer parking spots, respectively. Todd Barton, Mark Hawks, Joanna Blaesing and Matt Higgins of CBRE are leasing the project on behalf of ownership. The project team included architect Atlas Collaborative and general contractor The Conlan Co.

September 11, 2026

Alabama Development Industrial Southeast

Pattillo Breaks Ground on 262,880 SF Industrial Facility in Huntsville

by Abby Cox September 11, 2026

HUNTSVILLE, ALA. — Pattillo Industrial Real Estate has broken ground on Greenbrier Commerce Center, a new 262,880-square-foot industrial development in Huntsville. The Atlanta-based development firm plans to deliver the facility in August 2027. Tripp Alexander, Joe Azar and Miller Conaway of Colliers will lead leasing and marketing efforts for the development. Situated near the Port of Huntsville, Greenbrier Commerce Center will be able to accommodate single or multiple users, with spaces ranging in size from 50,000 to 262,880 square feet. Upon completion, the facility will feature 32-foot clear heights, 46 dock-high doors, two drive-in doors, 156 car parking spaces and 65 off-dock trailer spaces, along with ESFR fire protection, clerestory windows and concrete tilt-panel construction. The development will also provide an adjacent build-to-suit site of up to 254,200 square feet. Planned to be pad-ready in 2027 as part of the initial development, the site will offer users the flexibility to accommodate future expansion or pursue a facility tailored to their specific operational requirements.

September 11, 2026

Florida Leasing Activity Office Southeast

Blanca Signs 117,764 SF of Office Leases at Waterford Business District in Miami

by Abby Cox September 11, 2026

MIAMI — Blanca Commercial Real Estate has signed 15 leases at Waterford Business District, a 250-acre office campus located adjacent to Miami International Airport. Totaling 117,764 square feet, the transactions include 47,851 square feet of new leases and 69,913 square feet of renewals with tenants across a mix of industries such as life sciences, logistics, insurance, maritime, hospitality, professional services and international business operations. New leases at Waterford Business District include Greenvine Insurance (26,014 square feet); Megalabs USA (9,703 square feet); Fresh Dining Concepts (7,944 square); KOTUG Americas (2,673 square feet); and RPL International Group (1,517 square feet). Recent lease renewals include Regus (24,181 square feet); Estee Lauder Travel Retail Services (10,276 square feet); Victor, Shaw & McCue (8,475 square feet); Ultragenyx Pharmaceutical (6,897 square feet); Yamaha Motor Distribution LATAM (5,673 square feet); Globant LLC (3,826 square feet); Jamaica Tourist Board (3,664 square feet); First American Services (2,984 square feet); Rolls-Royce Solutions (2,489 square feet); and CargoBot (1,448 square feet). The tenant reps for these deals included CBRE, State Street Realty, Blanca Commercial Real Estate, Lokation Real Estate, Cresa, JLL, Newmark, Cushman & Wakefield, Vitalis Properties, Easton & Associates, Colliers and Brickss Real Estate Co. A joint venture between Nuveen Real …

September 11, 2026

Development Retail Southeast Virginia

Nordstrom Rack to Open 30,000 SF Store at Westpark Shopping Center in Metro Richmond

by Abby Cox September 11, 2026

GLEN ALLEN, VA. — Nordstrom Inc. will open a new 30,000-square-foot Nordstrom Rack store at Westpark Shopping Center, a 179,973-square-foot retail power center located at 9645 Broad St. in Glen Allen, a northern Richmond suburb in Henrico County. The new store will backfill the former Painted Tree Boutiques store at the center. Other tenants at Westpark include Planet Fitness, Chicken Salad Chick, GolfTec, The Tile Shop and Crumbl Cookie. James Ashby IV and Annie O’Connor Brosius of Cushman & Wakefield | Thalhimer handled the lease negotiations on behalf of the landlord, InvenTrust Properties, an Illinois-based real estate investment trust (REIT) that purchased the property in 2015.

September 11, 2026

Development Florida Loans Mixed-Use Southeast

Pebb Capital Obtains $223M Loan for Refinancing of Sundy Village in Delray Beach, Florida

by John Nelson September 10, 2026

DELRAY BEACH, FLA. — Pebb Capital has received a $223 million loan for the refinancing of Sundy Village, a seven-acre mixed-use campus under development in downtown Delray Beach, a coastal city in South Florida’s Palm Beach County. J.P. Morgan and Hudson Bay Capital provided construction financing for Phase II, replacing the project’s existing construction loan while providing additional capital for tenant improvements. J.P. Morgan also provided the original construction financing for Phase I of the project, along with Monroe Capital. Sean Reimer, Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz and Dustin Stolly of Walker & Dunlop arranged the financing. Phase I of Sundy Village comprises 100,000 square feet of office space, 30,000 square feet of shops and restaurants, indoor-outdoor gathering spaces and 268 parking spaces. Tenants include Vertical Bridge, Industrious, Barcelona Wine Bar, Van Leeuwen Ice Cream, Double Knot, Drinking Pig BBQ, Maman, Dragonfly MRI, JTC and Fairstead Development, among others. Phase II will add a 79,141-square-foot, standalone office building, a 165-space parking garage and 3,400 square feet of ground-floor retail space.

September 10, 2026

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