Georgia
Alterra IOS Closes $150M Loan Commitment from Blue Owl Capital
Alterra IOS announced the close of a $150 million loan facility from funds managed by Blue Owl Capital Inc. The… Read more
Atlanta Development Authority Okays $223.7M Bond for Downtown Venture
Develop Fulton’s board of directors approved a $223.7 million bond inducement for a 10-acre site in Downtown Atlanta. The Atlanta… Read more
Crescent Adds Second Covington Rental Community
Crescent Communities has opened its second community, Render Turner Lake, in Covington. Multi-Housing News reports Crescent started construction on the… Read more
Savannah Claims Nation’s Industrial Sector Top Spot
For the second consecutive quarter, Savannah leads the U.S. in terms of market share in year-to-date absorption. Meanwhile, vigorous leasing… Read more
GA State Pension Agencies Building 250K-SF Office Building
TPA is heading up a project that will house two Georgia state pension systems. The 15-story building, at 1715 Northside… Read more
Mesirow Pays $87M for Town Brookhaven Apartments
A fund managed by Mesirow purchased the 1105 Town Brookhaven Apartments for $87 million, or nearly $300,000 per unit. Wafra… Read more
Savannah Convention Center Adding 444-Room Signia by Hilton
Songy Highroads (SHR), in partnership with Matthews Southwest Hospitality, has broken ground on the Signia by Hilton Savannah, a 444-room,… Read more
Mercedes Investing $34M at New Atlanta R&D Facility
Mercedes-Benz signed a 60,000-square-foot lease at Northyards Business Park for its new research and development facility. The Atlanta Business Chronicle… Read more
Eaton Vance Pays $157M for Newly Built Worcester Apartments
Morgan Stanley’s Eaton Vance Real Estate Investment Group has acquired Alta on the Row, a 370-unit apartment complex in Worcester,… Read more
Costco Eyes Rock Hill for $240.3M Distribution Center
Costco is considering a $240.3 million investment in a distribution center at a 173-acre site in Rock Hill, South Carolina.… Read more
HHM, Loci Offload St. Petersburg Hotel for $37.3M
Loci Capital Group and HHM sold the Hilton St. Petersburg Carillon Park, a 227-room, nine-story hotel located in the Carillon… Read more
Atlanta Lands $200M Pharma Plant
Pharmaceutical company ACG announced a $200 million phased investment to establish its first empty-capsule manufacturing operations in the United States. The initial $100 million will… Read more
ShopOne-Led Group Acquires 5th Atlanta-Area Retail Center
ShopOne Centers REIT, Pantheon and an unnamed global institutional investor purchased Stockbridge Lakes, a Publix-anchored shopping center in Henry County, the… Read more
High Street Starts Work on Sandy Springs Apartments, Retail
High Street Residential (HSR) alongside partner Third & Urban have broken ground on Hillcrest, an 8.1-acre mixed-use community in Sandy… Read more
CIP, Almanac JV Secures $820M Industrial Refi
JLL’s Capital Markets group arranged an $820-million refinancing for a national industrial portfolio comprising 42 shallow bay industrial properties totaling… Read more
Salt Lake, Austin Top Global Ranking for Rental Affordability
When it comes to renting a two-bedroom apartment, Salt Lake City and Austin (tied with Leipzig, Germany) were ranked as… Read more
Chinese Battery Company Building $100M Baytown Plant
Tinci Minerals plans to build a manufacturing plant near Baytown. The Chinese battery company plans to spend over $100 million… Read more