Atlanta & Southeast

Amazon leased 1,219,826 square feet at 1305 Highway 42 South, 20 miles southeast of Atlanta. PNK Group USA developed the site that was delivered in March. The Atlanta Business Chronicle reports the lease is likely the town’s largest so far this year. In addition to Amazon, PNK Group has attracted other tenants to its Henry …

NexMetro Communities is opening its first of many Avilla Homes built-to-rent community in the greater Atlanta market. Avilla Holloway, a new, 136-home cottage-style luxury rental community, opens this month on 14 acres at 700 Cynthia Court, located in the city of Stockbridge. The gated neighborhood features single-level, mostly detached homes designed to offer residents more …

Since soccer tourists started arriving in the US from countries with World Cup teams, Buc-ee’s has become a social media phenomenon. What used to be a quaint regional novelty has become an international symbol of America’s uniqueness. The stores pack much more into their building footprint than convenience goods and gas pumps. They are typically larger …

.  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 …

Emory Healthcare is expanding its footprint at Northlake Mall. Since 2019, Emory Healthcare has leased approximately 274,000 square feet at the mall. The new lease will more than double that occupancy. Other than Emory Healthcare, the mall, which opened in 1971, is mostly vacant. The increased presence follows an ownership change for the property. A …

Centennial Yards Co. plans to build a 12-story building with approximately 280 apartments, 62,000 square feet of retail space and a 509-space parking garage. A CIM Group subsidiary is still ironing out last minute details before construction starts. A groundbreaking is tentatively scheduled for early 2027. Centennial Yards is expected to cost $5 billion and …

Waypoint Residential sold a 482-unit apartment complex in Augusta for $87 million. Cushman & Wakefield’s Sunbelt Multifamily Advisory Group—Taylor Bird, Robert Stickel, Alex Brown, Nelson Abels and Laura Aylor—represented, Waypoint. The buyer was Southwood Realty Co. Located at 101 Pine Forest Road, Mason Augusta was constructed in two phases, with initial delivery in 2022 and final completion …

A proposed $350 million development that will accommodate upwards of 10,000 people for concerts, sporting events and conventions is expected to open in two years. The new facility will replace Macon Coliseum. The Macon Telegraph reports the town approved the sale of $350 million in taxable revenue bonds to finance the arena. The facility is …

Mid-America Apartment Communities is seeking a zoning change to build a 275-unit apartment complex and 15,000 square feet of commercial space at Phillips Place in SouthPark. The Charlotte Business Journal reports the apartment community would be built where the former Regal Cinemas used to stand. The movie theater was demolished in 2022. Phillips Place, a …

Peerless Development is pursuing the construction of a 713-bed student housing project on Crest Road directly behind North Carolina State University’s South Campus. The Triangle Business Journal reports that the site plans show a 7-story mixed-use building — the height would range from 5 to 7 stories due to grade changes on the site. There will …

The massive Nashville hotel-and-entertainment Mecca is getting even more massive. The Gaylord Opryland Resort & Convention Center features 2,888 guest rooms, 20 restaurants, nine acres of indoor atriums featuring lush plants, winding pathways, and waterfalls with flatboat rides inside the hotel. Amenities include indoor and outdoor swimming pools, and a full-service spa. Recently, Ryman Hospitality reached …

Covenant Capital Group paid $41.5 million for Legacy Hill, a 206-unit multifamily community in Nashville. Multihousing News reports UDR sold the property after 31 years of ownership.  Walker & Dunlop facilitated the transaction through a $29.4 million Freddie Mac loan. Legacy Hill occupies approximately 14 acres at 501 Shadowood Drive, close to interstates 40 and 65. …