Commercial Property News Home > Regional Real Estate News > Southeast Real Estate Market
Regions Southeast
H&M Opens First of Series of Atlanta Shops
The Swedish clothing retailer will debut its first in-town store at Atlantic Station on June 13.
Prime Retail to Debut $300M Expansion of Orlando Shopping Center
The former Prime Outlets Orlando will emerge from its $300 million makeover as the 778,000-square-foot Prime Outlets International Orlando next week. Owner Prime Retail upgraded and expanded the property, which now holds the distinction of being the largest outlet center in the southern region and the biggest in the nation.
Mixed-Use in Property Coral Gables Gets a New Owner
Ownership of the 180,000-square-foot Plaza San Remo in Coral Gable has just changed hands, with a German investment group advised by Phoenix Property Co. acquiring the one-year-old retail and medical office condominium property from Venera Holdings.
527,000SF Suburban Atlanta Mixed-Use Project Makes Debut
Cousins Properties Inc. has just swung open the doors of The Avenue Forsyth, the company's 527,000-square-foot mixed-use project in Forsyth County.
Seven-Person East Coast Retail Team Joins HFF
Holliday Fenoglio Fowler L.P. has announced that a team of seven capital markets professionals and analysts will join the firm.
Transwestern's Atlanta Office Adds Retail Expertise
Transwestern’s Atlanta office has announced that Patrick Arnold and Spencer Bomar have joined the firm to bring a retail brokerage component to Transwestern’s Atlanta operation and expand the company’s overall retail coverage into other Southeastern markets.
Carlton to Market $69M of Loan Assets
Carlton has been retained to market and sell approximately $69.3 million of performing and nonperforming commercial mortgage loan assets on behalf of an institutional client, it has announced.
American Systems Signs Five-Year Lease at New 75,000SF Flex-Tech Building
A new business will join the tenant roster at Challenger South, Phase II, now that American Systems Corp. has committed to occupying nearly 6,400 square feet of space at the 75,000-square-foot flex/tech facility in Orlando's Central Florida Research Park.
Billion-Dollar Sales Team Moves Up at Flamingo South Beach
Miami-area real estate hotshots Eddy Martinez and Roland Ortiz, who recently established full-service real estate brokerage firm Worldwide Development Services, have been promoted to sales directors at the Flamingo South Beach condominium property.
Doubletree Makes Tenth Debut in Atlanta
After undergoing a multi-million-dollar makeover, the hotel at 4156 Lavista Rd. in Tucker, Ga., that previously carried the Radisson flag has reemerged as the Doubletree Hotel Atlanta NE/Northlake.
Louisiana Beer Distributor Expands Westward
Crescent Crown Distributing sustained $18 million in damage after Hurricane Katrina, but its expansion into Arizona means that today it is poised to be the largest employer in the town of Surprise.
DCT Industrial Sees Strong Leasing Activity in Memphis
DCT Industrial Trust Inc., a Denver-based industrial REIT, has signed more than 770,000 square feet of leases in Memphis, including two companies that expanded and a new client.
Lenox Park Wells REIT II Buys Atlanta Office Campus in AT&T Sale-Leaseback
Wells REIT II has acquired a five-building, 1 million-square-foot office campus in the Buckhead submarket of Atlanta, through a long-term sale-leaseback with AT&T. The campus will headquarter AT&T Wireless' operations in the city. The transaction's terms were not disclosed.
117,000SF of Premier Office Condo Space to Hit Auction Block
Office condominium space totaling about 115,000 square feet at The Plaza, a mixed-use project in downtown Orlando featuring 394,000 square feet of office condo space and 105,000 square feet of retail in two, circular towers, will hit the block this Thursday, May 15.
Shops at Boca Grove to Welcome Organic Market
Ada's Natural & Organic Foods Supermarket & Deli will soon have a home at the Shops at Boca Grove, now that it has signed a lease with Woolbright Development to occupy 14,000 square feet at the 77,000-square-foot neighborhood shopping center.
Orlando Sanford International Airport to Join Model Ports Initiative
Orlando Sanford International Airport is one of 20 gateway airports nationwide selected to join the U.S. Customs and Border Protection’s Model Ports Initiative, a joint venture that includes federal agencies, the travel industry, airlines and airport authorities.
N3 Launches Big Box Initiative
N3 Real Estate has announced its entry into the big box development field.
KBR to Acquire BE&K for $550M
KBR, a Houston-based global engineering, construction and services company, has announced that it will acquire BE&K Inc., a privately held, Birmingham, Ala.–based engineering, construction and maintenance services company, in a transaction valued at $550 million.
Orlando Hotel Sold
The 507-room Holiday Inn SunSpree Resort has just been snapped up by Vista Hospitality Co.  according to the Orlando Business Journal.
Sea World Station Valero Acquires Albertson’s Gas Stations in Southwest
Taking advantage of the availability of a collection of convenience stores and fueling kiosks in an already familiar market, Valero has acquired 72 Albertson’s sites for an undisclosed amount.
Summit Management Leases Office Space in Allentown
Summit Management and Realty Co. has completed two office leases totaling 3,000 square feet in Allentown, Va.
Jury awards $67 million in Florida Eminent Domain Case
In an eminent domain proceeding that began just after Florida tightened its eminent domain laws, a jury has awarded $67 million to Keystone Coal, according to Brigham Moore L.L.P., the law firm representing the firm.
Falcon Buys Heidelberg's Suburban Atlanta HQ in $23M Sale-Leaseback
Acting on behalf of a private overseas investor, Falcon Real Estate acquired the headquarters of Heidelberg U.S.A. in Kennesaw, Ga., for $23 million as part of a 1031 Exchange.
Upscale 259-Room Tampa Sheraton Comes Under New Ownership
A joint venture consisting of Square Mile Capital Management L.L.C. and Davidson Hotel Co. has acquired the 259-room Sheraton Suites Tampa Airport/Westshore. Host Realty Partnership L.P. sold the Tampa, Fla.-property just two years after having acquired it as part of a $4 billion, 35-hotel portfolio acquisition from Starwood Hotels and Resorts in April 2005.
Master Planner Picked for Denver-Area Retail Project
Plans for the Dacono Gateway Centre between Denver and Boulder, Colo., have come closer to fruition with the selection of a firm to design the project's master plan. Denver-based Norris Design got the nod recently from the developer, Orlando-based Jupiter USA. The project will encompass more than 500,000 square feet of retail, hotel, restaurant and office space on 132 acres, according to Jupiter USA.
 
Atlanta
H&M Opens First of Series of Atlanta Shops
The Swedish clothing retailer will debut its first in-town store at Atlantic Station on June 13.
527,000SF Suburban Atlanta Mixed-Use Project Makes Debut
Cousins Properties Inc. has just swung open the doors of The Avenue Forsyth, the company's 527,000-square-foot mixed-use project in Forsyth County.
Discussion on Atlanta-Area Hotel-Retail Complex Probably Delayed
The Planning Commission was scheduled to consider the project slated for the Park Place community tonight, but that discussion will likely be tabled due to the developer's request.
 
Miami
Mixed-Use in Property Coral Gables Gets a New Owner
Ownership of the 180,000-square-foot Plaza San Remo in Coral Gable has just changed hands, with a German investment group advised by Phoenix Property Co. acquiring the one-year-old retail and medical office condominium property from Venera Holdings.
Seven-Person East Coast Retail Team Joins HFF
Holliday Fenoglio Fowler L.P. has announced that a team of seven capital markets professionals and analysts will join the firm.
Billion-Dollar Sales Team Moves Up at Flamingo South Beach
Miami-area real estate hotshots Eddy Martinez and Roland Ortiz, who recently established full-service real estate brokerage firm Worldwide Development Services, have been promoted to sales directors at the Flamingo South Beach condominium property.
 
Orlando
Prime Retail to Debut $300M Expansion of Orlando Shopping Center
The former Prime Outlets Orlando will emerge from its $300 million makeover as the 778,000-square-foot Prime Outlets International Orlando next week. Owner Prime Retail upgraded and expanded the property, which now holds the distinction of being the largest outlet center in the southern region and the biggest in the nation.
American Systems Signs Five-Year Lease at New 75,000SF Flex-Tech Building
A new business will join the tenant roster at Challenger South, Phase II, now that American Systems Corp. has committed to occupying nearly 6,400 square feet of space at the 75,000-square-foot flex/tech facility in Orlando's Central Florida Research Park.
Barnes & Noble Opens Newest Central Florida Store
Located at Winter Garden Village at Fowler Groves, the store will stock nearly 200,000 books, music, DVDs, and magazines.
 

Latest Southeast Commercial Mortgage Trends


From Atlanta to Florida, CPN delivers all of the real estate trends in the Southeast. Commercial mortgage trends are making a huge impact in today's real estate market, so get the advantage you need to stay on top of your industry. From major property deals to the latest real estate market trends in the Southeast, look to CPN for the most comprehensive coverage.