Parts Town Unlimited Signs 538,450-SF Lease at Trammell Crow Company's Jackson 85 North in Pendergrass, Georgia
•Trammell Crow Company
Southeast CRE News
Commercial Real Estate News
Dermody Leases 113,865-Square-Foot LogistiCenter at Bright Star to Corvant in Douglasville, Georgia
•Dermody
Berkadia Arranges $44M Refinancing for Mast Capital and Rockpoint's The Harlow in Wesley Chapel, Florida
•Berkadia
Morgan Stanley Real Estate Investing Acquires 300-Unit Class A Senior Housing Portfolio in Central Florida With AgeWell Senior Living
•Morgan Stanley Investment Management
Berkadia Arranges $118.6M Construction Loan for Gatsby Florida's The Palm in Palm Beach Gardens
•Berkadia
Ryman Hospitality Properties Closes $1.38 Billion Acquisition of Grande Lakes Orlando Resort from Trinity Investors
•Ryman Hospitality Properties, Inc.
Sealy & Company Completes Three Industrial Acquisitions in Omaha, Houston and Kansas City
•Sealy & Company
DevelopmentMultifamilyMixed Use+1
Crescent Communities Plans 313-Unit NOVEL oneC1TY Multifamily Development in West Nashville
Crescent Communities has announced plans for NOVEL oneC1TY, a 313-unit residential community to be developed on the C1TYBLOX parcel within the oneC1TY mixed-use campus in West Nashville. The project, slated for completion in 2029, will include 5,000 square feet of ground-floor retail and a public plaza.
•Crescent Communities
Development
Portman Holdings Opens 332-Unit Meadow Glen Village Multifamily Community in Fairburn, Georgia
Portman Holdings has opened Meadow Glen Village, a 332-unit mixed-use multifamily community located approximately 20 miles south of downtown Atlanta in Fairburn, Georgia. The village-inspired development spans nine residential buildings and 12,200 square feet of neighborhood-serving retail space, with leasing now underway.
•MultifamilyRetailMixed Use
DevelopmentMultifamilyMixed Use+2
Pennrose LLC, Atlanta Housing, and Hunt Companies Open 201-Unit Mixed-Income Legacy at Herndon Square in Atlanta
A public-private partnership led by Pennrose LLC, Atlanta Housing, and Hunt Companies has completed Legacy at Herndon Square, a 201-unit mixed-income rental community at 527 Herndon Square Ave in Atlanta's Westside. The project marks the second phase of the five-phase redevelopment of the former Herndon Homes public housing site, with financing from the Urban Residential Finance Authority of the City of Atlanta, Invest Atlanta, and Truist Bank, among others.
•Pennrose Properties
Property TransactionsRetailMixed Use
Big V Property Group Launches $2.5M Equity Offering for San Antonio's RIM Mixed-Use District
Big V Property Group has launched its first Big V Direct investor offering, a $2.5 million equity stake in The RIM, a 1.8 million-square-foot mixed-use district in San Antonio, Texas. The offering gives pre-qualified accredited investors direct access to a partial ownership position in one of the most-visited shopping centers in the United States.
•Big V Property Group
More News
LeasingOffice
Aegon Selects 125 West 57th Street for U.S. Headquarters in 20,600-SF Plaza District Lease
Aegon Ltd. has signed a 20,600-square-foot lease across two full floors at 125 West 57th Street in Manhattan's Plaza District, selecting the newly delivered Class A tower as its future international headquarters. The deal follows a $321 million refinancing of the 30-story building provided by JPMorgan Chase and Hudson Bay Capital.
•Cain
Property TransactionsRetail
SJC Ventures Sells Whole Foods-Anchored Doral Marketplace for $83 Million; Lincoln Property Company Advises Buyer
SJC Ventures has sold Doral Marketplace, a newly constructed, fully leased Whole Foods-anchored neighborhood shopping center in Doral, Florida, for $83 million. Cushman & Wakefield represented the seller, while Lincoln Property Company advised the high-net-worth family office buyer.
•Cushman & Wakefield
FinancingMultifamilyMixed Use
FCP Provides $22 Million Preferred Equity for Rushmark Properties' 305-Unit Transit-Oriented Development in Falls Church
FCP has provided $22 million in preferred equity through its Structured Investments platform to support Rushmark Properties' 305-unit, seven-story apartment development adjacent to the West Falls Church Metro Station. The project is part of a 42-acre master-planned mixed-use redevelopment spanning two Northern Virginia jurisdictions, with a total capitalized cost of approximately $136 million.
•FCP
Property TransactionsMultifamily
Fairfield Residential Acquires Portofino Place Apartments in West Palm Beach for $208 Million
Fairfield Residential has acquired Portofino Place Apartments, an 812-unit multifamily community in West Palm Beach, Florida, for $208 million in a value-add transaction brokered and financed by Walker & Dunlop. The San Diego-based firm cited population growth and rental housing demand as key drivers behind the acquisition.
•Fairfield Residential
Property TransactionsStudent HousingLand+1
Subtext Acquires Land for 520-Bed EVER Lexington Student Housing Project Near University of Kentucky
Subtext has acquired a five-parcel, 0.83-acre site at 565 S Limestone in Lexington, Ky., for $12.2 million to develop EVER Lexington, a 520-bed student housing community directly across from the University of Kentucky's main pedestrian corridors. The project, developed in partnership with FrontRange Capital and Larson Capital Management in a qualified opportunity zone, is slated to break ground in Fall 2026 and deliver in Summer 2028.
•Subtext
Property TransactionsRetail
JLL Income Property Trust Acquires Tuscaloosa's Midtown Village for $94 Million
JLL Income Property Trust has acquired Midtown Village, a 345,000-square-foot open-air retail shopping center in Tuscaloosa, Alabama, for approximately $94 million. The deal expands the non-traded REIT's grocery-anchored and necessity-driven retail portfolio to roughly $900 million across 22 open-air shopping centers.
•JLL Income Property Trust
DevelopmentIndustrial
Magnus Development Partners Breaks Ground on 57,750-SF Midway Flex Center in Columbia, SC
Magnus Development Partners has broken ground on Midway Flex Center, a 57,750-square-foot Class A industrial building in Lexington County Industrial Park near the I-77/I-26 interchange in the Columbia, South Carolina market. Colliers brokers Chuck Salley, Thomas Beard, and John Peebles are handling leasing for the project, which is targeted for completion in early March 2027.
•Colliers
FinancingRetail
United Capital Secures $4M Construction Loan for Park Maitland Square Retail Redevelopment in Winter Park
United Capital has secured $4 million in construction financing from United Community Bank to redevelop the former Buca di Beppo site at 1351 S. Orlando Avenue in the Winter Park/Maitland retail corridor into Park Maitland Square, an 8,071-square-foot neighborhood retail center. Black Bear Capital Partners brokered the deal, and two tenants have already committed to more than 5,700 square feet of the planned space.
•United Capital