Atlanta & Southeast

Elmington Residential paid $55 million for The Asher at Sugarloaf, a 260-unit multifamily property in Lawrenceville. The company received an $18 million equity investment from American South Capital Partners (ASCP) to acquire the property. FCP was the seller. Built in 2008, The Asher at Sugarloaf offers a mix of affordable and workforce housing consisting of …

CBRE arranged a $17.1 million refinancing loan for The Crawford Global HQ, a 109,171-square-foot office building in Peachtree Corners, Georgia, on behalf of Midtown Capital Partners. The refinancing was provided by City National Bank.  The financing was arranged by CBRE’s Debt & Structured Finance team led by Mike Ryan, Richard Henry, Blake Cohen and Taylor …

Southwire is spending over $250 million on the expansion of its Starkville, Mississippi factory. Southwire is a Georgia-based wire and cable manufacturer that first acquired its Starkville plant in 1989. The Starkville expansion project, which will add approximately 380,000 square feet to the location’s footprint and represents a corporate investment of more than $256 million, is …

Federal Realty Investment Trust acquired The Summit, an Alabama retail destination, for $508 million ($498 million on a net basis). The retail center is a 100-acre, approximately 870,000-square-foot open-air property developed over more than 30 years. It was owned by Bayer Properties, which has since opened a number of other retail hubs with “The Summit” moniker. …

ORIX Corporation inked an $83 million loan from New York Life to finance the acquisition of AMLI Lenox, a 391-unit luxury multifamily community in Atlanta’s Buckhead neighborhood. It’s located at 3478 Lakeside Dr. NE. AMLI Residential was the seller. The development will be renamed Akari Buckhead. The financing was arranged by CBRE’s Debt & Structured Finance …

Radnor Property Group, in partnership with Madrone Community Development Foundation, joined Morehouse College and Spelman College in breaking ground on The Den at Eight50 West: a $147 million student housing development in the West End neighborhood of Atlanta. The project is at 850 West End Avenue in Atlanta, steps from Morehouse and Spelman Colleges. The Den …

The Camden County Joint Development Authority (JDA) issued a Request for Proposals (RFP) to qualified national commercial real estate brokerage firms to provide advisory, marketing, and transaction services in support of the future development of the former Gilman Paper Property, a waterfront site consisting of approximately +/- 620 acres located in Camden County, Georgia. The …

Audi intends to invest approximately $4 billion in a manufacturing site at the Middle Georgia Megasite on Route 96 near Interstate 75. The Middle Georgia Megasite is a 1,534-acre state-owned industrial development site in Peach County, purchased by the State of Georgia for approximately $18.6 million. The plant will be the first venture at the …

RCG Ventures acquired the Tucker Meridian Shopping Center in Tucker, Georgia. Ben F. Kushner Company was the seller. The sales price was not disclosed. Kushner demolished an office park to make way for the retail center in 2015. The grocery-anchored center at 4310 Lavista Road is populated by Sprouts Farmers Market, Dick’s Sporting Goods, Hobby …

An RK Investors-led team obtained an $81 million construction loan for Sutherland at Piper Glen, a 299-unit multifamily development underway in Charlotte’s Piper Glen neighborhood. The financing was provided by Western-Southern Life Insurance Company. The financing was arranged by Nate Sittema, Kristen Reilley and Elliott Voreis with CBRE’s Debt & Structured Finance team. Currently under …

Evelyn Capital bought Two Greenway Centre in Franklin for $31 million. TA Realty was the seller of the building, which last sold for $43.5 million. The 156,000 square foot office building was developed by Crescent Communities. The building debuted in 1987. At the time of the last sale in 2019, the Nashville Business Journal reported …

PCCP provided a $71 million senior construction loan to a joint venture between EMBREY Partners and Southstar Development for the development of Crossings Boulevard, a 360-unit apartment community located at 4101 Legacy Point Trail in Spring Hill, TN. Completion of the project is anticipated for Q1 2028. Spring Hill is about a half hour from …