Atlanta & Southeast

Construction is underway on a new shopping center backed by public funding. The development will be anchored by a 50,325-square-foot Publix grocery store, and it will also feature an 11,200-square-foot retail building for multiple tenants. The Atlanta Business Chronicle reports the $28.9 million project will take shape at Glenwood and Candler roads. Approximately 2,000 square feet of affordable retail …

LM Real Estate Partners acquired a newly constructed 99,750-square-foot cold storage facility for $27.5 million. Jones Development was the seller. It’s located at 109 Thompson Road in Hiram, Ga.  Colliers Capital Markets Advisors Robyn Hurrell, Kyle Kidd, Alex Cantu and Alex Davenport represented the seller in the transaction. Colliers’ Debt & Structured Finance team, including …

.  JPMorgan Chase & Co. is consolidating its workforce into a new space at Broadwest, a 600,000-square-foot mixed-use project in Nashville.  The Nashville Business Journal reports that the 51,000-square-foot space will include a new client center with twice the capacity of its current space, flexible workspaces, access to on-site amenities, and capacity for up to …

Tratt Properties paid $140 million for a 1.6 million square foot industrial distributuion facility located at 4500 Academy Road in Cookeville, Tennessee. Fully leased to Academy Sports + Outdoors, Tratt Properties acquired the Class A, build-to-suit site from Middleton Partners. Ken Hedrick, Andrew Ragsdale, Phillip Butts, Jonathan Ameen, Will Smith and Spencer Smith at Colliers …

Authority Brands plans to build a nearly 50,000-square-foot “Franchise Success Center” in Cobb County. The company will spend $13 million on its new headquarters, which will include 390 workers. Authority Brands is a home services franchisor with 15 brands operating in more than 2,700 territories and served by over 1,000 franchise owners. The company’s portfolio spans …

CTO Realty Growth spun off Madison Yards, a 163,000 square foot retail center in Reynoldstown, for $73.3 million. An affiliate of Heitman Capital Management was the buyer. Crawford Square Real Estate Advisors will lease and manage the property. The Atlanta Business Chronicle reports retail tenants include Publix, AMC Theatres, Taqueria Tsunami, Daily Dose Coffee, Girl Diver …

ArcelorMittal Building Solutions is investing $57 million in its new headquarters in Macon. ArcelorMittal Building Solutions designs and develops building enclosures used to insulate and protect commercial properties, warehouses, and data centers. The headquarters development marks the firm’s launch in North America. Construction is scheduled to start during the second half of this year, with …

Metal fabrication and manufacturing company, Unified Legacy, is expanding its existing footprint in Macon. The company will invest $125 million in a new manufacturing facility in Macon, creating 500 new jobs over the next several years in Bibb County. Unified Legacy’s new manufacturing facility will be located at Barnes Ferry Road in Macon, with construction …

Town leaders often don’t come out for the groundbreaking of a convenience store or gas station, but if it’s a Buc-ee’s, that’s a different story. Over a dozen politicians and public officials attended the big day in Mebane, marking the construction of the state’s first Buc-ee’s. The 30-acre property will include a 74,000-square-foot facility with …

The City of Rock Hill sold a parcel to Novant Health so it can build a $300 million medical campus. The medical campus will take up about 25 acres at Palmetto Research Park (shown) and create the equivalent of 255 full-time jobs. The Charlotte Business Journal reports the project is currently in the design phase. …

Elmington Capital closed on construction loans in the amount of $80 million in order to build an affordable housing project near Nissan Stadium. The Nashville Business Journal reports it’s the first project to rise as part of Eastpoint Flats, a mixed-use development helmed by The Fallon Co. on the East Bank. The financing comes a …