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 …

Pinnacle Financial Partners will establish its corporate headquarters at Ten Twenty Spring, the 525,000-square-foot, Class-A office tower within the Spring Quarter mixed-use district in Midtown Atlanta. Pinnacle will occupy 165,000 square feet of office space at Ten Twenty Spring and bring an estimated 400 team members to the building. Pinnacle’s bank headquarters remain in downtown …

ATLANTA — Allen Morris Co. received a $113.7 million loan from Banco Inbursa for the refinancing of Star Metals Offices, a 267,000-square-foot office tower in Atlanta’s West Midtown neighborhood. The transaction will retire the existing construction loan provided by Bank OZK and Barings.  The 15-story office tower, which is 97 percent leased, opened in July 2021 and is the …

Brook Farm Group and Manor Park Ventures are co-developing 675 Morgan, a 336-unit, Class A multifamily community in Savannah, GA. The property is located at 699 Highlands Boulevard within the Savannah Highlands — a master-planned community approximately 15 miles northwest of historic Downtown Savannah.  When completed, the development will include 11 three-story buildings with one, …

One Real Estate Investments offloaded The Palms at Chatham, a 300-unit multifamily property located at 5110 Garrard Avenue in Savannah, Georgia.  Newmark’s Brooks Colquitt and James Wilber represented One Real Estate Investment in the sale to the buyer, RREAF Holdings.  Built in 2003, The Palms at Chatham is a garden-style multifamily community featuring spacious one-, …

Newmark announces the Company has completed the sale and financing of Waverly Place, a 276-unit multifamily community located at 1900 Waverly Place Lane in North Charleston, South Carolina. The asset was sold by a joint venture between KETTLER and The Stillman Group to the Charleston Workforce Housing Fund, an impact fund led by Ascent Housing, …

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 …

Moda Homes obtained a $49.43 million construction loan for Moda Vista, a 102-unit build-to-rent residential community located at 3320 Curtis Street in the Bordeaux neighborhood of Nashville, Tennessee, north of downtown. Forman Capital originated the loan. The Forman team included Scott Mehlman, Ty Regnier, Cameron Fleury, and Ben Jacobson. Moda Vista will deliver 102 rental …

Holland & Knight has relocated its Nashville office to Symphony Place, one of Nashville’s premier office towers. Occupying seven floors and 145,000 square feet, the Firm will be Symphony Place’s anchor tenant. Highwoods Properties is the building owner. Located in the heart of SoBro, the office will offer convenient access to major corporate headquarters, courts, …