Southeast Real Estate Business

Southeast Real Estate Business magazine focuses on various sectors, including multifamily, retail, office, healthcare, industrial, and hospitality. It covers news and developments in the states of Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, West Virginia, and Washington, D.C.

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Partnership Breaks Ground on 336-Unit Multifamily Project Near Austin

23 hours ago | rebusinessonline.com | Taylor Williams

2HUTTO, TEXAS — A partnership between Atlanta-based developer Wood Partners and ParkProperty Capital (PPC) has broken ground on a 336-unit multifamily project in Hutto, approximately 30 miles north of Austin. Located off of Ed Schmidt Boulevard, the community will comprise 10 three-story buildings. Amenities will include a fitness center, a business lounge, private offices, clubroom with a coffee station, pool and a fenced dog park.
Marcus & Millichap Brokers $4.8M Sale of Mixed-Use Building in Lower Manhattan

23 hours ago | rebusinessonline.com | Taylor Williams

2NEW YORK CITY — Marcus & Millichap has brokered the $4.8 million sale of a mixed-use building in Lower Manhattan. The building at 47 Bayard St. in Chinatown was originally constructed in 1910 and consists of a ground-floor retail space occupied by Nice One Bakery, two residential units and four commercial units across the second and third floors.
TEKMAK Development Opens 87-Room, Marriott-Branded Hotel in Forney, Texas

23 hours ago | rebusinessonline.com | Taylor Williams

DevelopmentHospitalityTexas FORNEY, TEXAS — TEKMAK Development, a locally based, full-service hospitality company, has opened an 87-room, Marriott-branded hotel in the eastern Dallas suburb of Forney. Located at 503 E. U.S. Highway 80, TownePlace Suites Forney is a pet-friendly hotel with suites that feature full kitchens and amenities that include a 24-hour fitness center, outdoor pool and complimentary breakfast.
Provident Industrial Sells 10,000 SF Maintenance Building in Laredo, Texas

23 hours ago | rebusinessonline.com | Taylor Williams

AcquisitionsIndustrialTexas LAREDO, TEXAS — Provident Industrial, a division of Dallas-based investment firm Provident, has sold a 10,000-square-foot maintenance building located within Northpoint 35 Industrial Park in the South Texas city of Laredo. The building was constructed in 2024 on a 32-acre site at 1203 Reuthinger Parkway and represents Phase I of a larger project that includes a 238,000-square-foot building that was developed as Phase II. The buyer was Philadelphia-based Alterra IOS.
Partnership Acquires 226-Unit Apartment Complex in DeSoto, Texas

23 hours ago | rebusinessonline.com | Taylor Williams

0DESOTO, TEXAS — A partnership between boutique multifamily investment firm RSN Property Group and Monday Properties, which has three East Coast offices, has acquired Ventura Landings, a 226-unit apartment complex located in the southern Dallas suburb of DeSoto. The newly renovated property offers one- and two-bedroom units and amenities such as a pool, clubhouse, basketball court and onsite laundry facilities.
Pearlmark, Falcon Commercial to Develop 321,193 SF Industrial Project in Saginaw, Texas

23 hours ago | rebusinessonline.com | Taylor Williams

1SAGINAW, TEXAS — A partnership between Chicago-based investment firm Pearlmark and Dallas-based Falcon Commercial Development will develop a 321,193-square-foot industrial project in Saginaw, a northern suburb of Fort Worth. Saginaw Distribution Center will feature 32-foot clear heights, 130-foot truck court depths, speculative office space and an ESFR sprinkler system. Will Mogk of JLL arranged an undisclosed amount of construction financing for the project through First United Bank.
CBRE Negotiates $44M Sale of Shopping Center in Hazlet, New Jersey

23 hours ago | rebusinessonline.com | Taylor Williams

3HAZLET, N.J. — CBRE has negotiated the $44 million sale of a 190,000-square-foot shopping center in Hazlet, about 40 miles south of New York City. German discount grocer Aldi anchors Hazlet Town Center, which is also home to tenants such as Burlington, Urban Air Adventure Park and Wawa, although the latter tenant’s outparcel building was not included in the sale. Jeffrey Dunne, David Gavin and Travis Langer of CBRE represented the seller, an affiliate of Onyx Equities, in the transaction.
Colliers Arranges $34.3M Loan for Refinancing of Historic Buildings in Boston Seaport District

23 hours ago | rebusinessonline.com | Taylor Williams

4BOSTON — Colliers has arranged a $34.3 million loan for the refinancing of the Custom House Block and Gardiner Building at Long Wharf, a pair of historic buildings totaling 83,824 square feet in Boston’s Seaport District. The Custom House Block was originally completed in 1848 and totals 74,783 square feet, while the 9,041-square-foot Gardiner Building was originally constructed in 1760 and once functioned as John Hancock’s counting house.
Fine Wine & Good Spirits Opens 4,300 SF Store at Schuylkill Yards in Philadelphia

1 day ago | rebusinessonline.com | Taylor Williams

May 07InterFace Active Adult is the industry’s only conference devoted entirely to the active adult/55+ niche. Join us on May 7th in Dallas. May 07Hear from & network with industry leaders as they discuss the latest trends & challenges in affordable & workforce housing in the Southeast. May 19InterFace I-85 Industrial Corridor will focus on the rebounding I-85 industrial markets along the Interstate 85 corridor.
TCB Breaks Ground on 43-Unit Affordable Housing Project in Truro, Massachusetts

1 day ago | rebusinessonline.com | Taylor Williams

2TRURO, MASS. — The Community Builders (TCB) has broken ground on Cloverleaf, a 43-unit affordable housing project in Truro, located on Cape Cod. The majority (39) of residences will be restricted to households earning between 30 and 100 percent of the area median income, and the other four will be rented at market rates. Units will come in one-, two- and three-bedroom formats and will be spread across 10 buildings. TCB is developing Cloverleaf in partnership with Community Housing Resource Inc.