Tennessee
JLL Income Property Trust Acquires SFR Portfolio for $560M
JLL Income Property Trust recently acquired an approximately 47 percent interest in a stabilized, core and geographically diverse single-family rental… Read more
EverWest Real Estate Acquires Nashville Industrial Facility for $20M
EverWest Real Estate Investors has acquired 2699 Highwood Boulevard, a fully-occupied warehouse in Smyrna, TN. The sales price was $19.5… Read more
The Leading Market for CRE Recovery is Not in the Sunbelt
“Nearly 17 months since the start of the coronavirus pandemic, the world is still working on a recovery,” reports Trepp’s… Read more
U.S. Industrial Posts Absorption of 100M+ SF for Third Straight Quarter
U.S. industrial continues to prosper during the pandemic, posting 102.2 million square feet of positive net absorption for the third consecutive… Read more
CBRE Arranges $64M Sale of Metro Nashville Apartments
CBRE has arranged the $64 million sale of Creekside at Providence, a 209-unit apartment community in Mt. Juliet, TN. Built… Read more
JLL Brokers Sale of 328K-SF Distribution Facility Near Memphis
JLL has arranged the sale of DeSoto A2, a 328,355-square-foot, newly-constructed bulk distribution facility in the suburban Memphis community of… Read more
Capital Square Acquires 250-Unit MF Property in Chattanooga
Capital Square 1031 has acquired Lullwater at Big Ridge, a 250-unit multifamily community in the Hixson submarket of Chattanooga, TN.… Read more
Multifamily REITs Independence, Steadfast Strike $7B Merger Agreement
Independence Realty Trust, Inc. (IRT) and Steadfast Apartment REIT, Inc. (STAR) said Monday afternoon that they had agreed to merge, with… Read more
JLL Hires Gary Shanks and Miller Fitts as VPs in Nashville
JLL has hired Gary Shanks and Miller Fitts in the firm’s Nashville office. Shanks joins as executive vice president and… Read more
GBT Moves Forward with Parke West MXU Project in Nashville
GBT Realty Corp. has announced it is moving forward with the next stage of construction for Parke West, a large-scale… Read more
Georgetown Co. Snags Metro Atlanta Retail Portfolio for $43M
Developer and owner Georgetown Co. has acquired two supermarket-anchored shopping centers in the Atlanta suburbs for $43 million. The properties… Read more
Marketing is Underway for Two-State Master-Planned Portfolio
CBRE has been exclusively retained by Castlelake, LP, a global alternative investment firm, to market the sale of a master-planned… Read more
DFW Industrial Developments Are Just the Start for Velocis
Dallas-based private equity real estate manager, Velocis, recently closed on two development sites which will be developed into 850,000 square… Read more
GTIS Nears Exit from SFR Sector in Favor of Build-to-Rent
GTIS Partners, headquartered in Midtown Manhattan, has sold a 1,081-unit single-family-rental portfolio to an undisclosed buyer for approximately $300 million as it… Read more
Ivanhoé Cambridge and Mount Auburn Multifamily Form Investment JV
Ivanhoé Cambridge and Mount Auburn Multifamily have formed a programmatic joint venture to invest in preferred equity for ground-up multifamily… Read more
CBRE Arranges $18M Sale of Huntsville Office Portfolio
CBRE has brokered the sale of Discovery Center Portfolio, a two-building, 166,345-square-foot office portfolio in Huntsville, AL. The sales price… Read more
Castlelake Taps CBRE to Market Master-Planned Portfolio
CBRE has been exclusively retained by Castlelake LP, a global alternative investment firm, to market the sale of a master-planned… Read more
Fastest Labs Accelerates Development Efforts
With a heightened demand for services, Fastest Labs has accelerated development efforts with the goal of reaching 100 signed agreements… Read more
New Index Has Sunbelt Markets Shining Brightest for Opportunities
Just as the pandemic and resulting economic downturn had varying effects on commercial real estate fundamentals across the nation’s major… Read more