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Fountain Square in Brookfield, Wisconsin
Company newsGeorgiaNew YorkNews

Global Net Lease Agrees to Sell 100-Property Multi-Tenant Retail Portfolio for $1.8 Billion

by Abby Cox

New York City and Atlanta — Global Net Lease Inc. has entered into a binding agreement to sell its multi-tenant retail portfolio of 100 non-core properties to a subsidiary of RCG Ventures Holdings LLC, for approximately $1.8 billion. The transaction represents an 8.4 percent cash cap rate. GNL says the transaction would accelerate its deleveraging initiative and position the company as a pure-play, single-tenant net lease (STNL) company. GNL launched its disposition initiative in 2024, with the objectives of significantly reducing debt, enhancing financial flexibility and lowering its cost of …

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St. Francis Marketplace
GeorgiaInvestment salesNews

ZRP Sells 63,607-Square-Foot Shopping Center in Columbus, Georgia

by Abby Cox

Columbus, Ga. — Mount Pleasant, South Carolina-based Ziff Real Estate Partners (ZRP) has sold St. Francis Marketplace, a 63,607-square-foot shopping center located in Columbus. Planet Fitness anchors the center. Other tenants at the property include Rent-A-Center, Kool Smiles, Franklin Dental & Braces and Jersey Mike’s Subs. ZRP originally acquired the center in 2015 and has completed various upgrades to the property over the past 10 years. Steve Collins and Brent Hadden of The Palomar Group represented ZRP in the transaction. The buyer and sales price were not disclosed.

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Lakeshore-Gainesville
DevelopmentGeorgiaMixed-useNews

Branch Properties Receives Rezoning Approval for Lakeshore Mall in Gainesville, Georgia

by Abby Cox

Gainesville, Ga. — Atlanta-based Branch Properties has received approval of its rezoning application for Lakeshore Mall in Gainesville. Plans call for the center to be redeveloped into a 49-acre mixed-use project, Lakeshore, that will include 305,444 square feet of retail space, 652 multifamily residential units and 38,200 square feet of outdoor community greenspace. Future phases of the project will include townhomes and a hotel. Construction is scheduled to begin in late 2026, with completion anticipated for 2028. Branch Properties, along with Lee Erickson of Franklin Street, will lead retail leasing …

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Medley
DevelopmentGeorgiaMixed-useNews

Toro Breaks Ground on $560 Million Mixed-Use Project in Metro Atlanta

by Abby Cox

Johns Creek, Ga. — Toro Development Company (TDC) has broken ground on Medley, a $560 million mixed-use project in Johns Creek, approximately 27 miles north of Atlanta. Upon completion, the 43-acre development will feature 180,000 square feet of retail, restaurant and entertainment space, 900 residences — with a mix of townhomes and multifamily units — and 110,000 square feet of office space. The property will also feature a 25,000-square-foot plaza and 175-key hotel. The grand opening is scheduled for Oct. 29, 2026. Retailers at Medley will include Fadó Irish Pub, …

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Smalls-Sliders
Company newsGeorgiaNewsRestaurants

Smalls Sliders Signs Three-Unit Franchise Agreement in Georgia

by Abby Cox

Macon and Warner Robins, Ga. — Cheeseburger slider concept Smalls Sliders has signed a franchise agreement to open three new units in Georgia. PAR Concepts will own and operate the restaurants, which will be located in Macon and Warner Robins. This marks PAR Concepts’ second franchise agreement with Smalls Sliders, bringing its portfolio to nine units — dubbed Cans — under development in Georgia. The first of the nine restaurants is scheduled to open early this year. Founded in 2019, Atlanta-based Smalls Sliders currently has 350 Cans open or under …

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Hightower Station
FinanceGeorgiaInvestment salesNews

Marcus & Millichap Arranges Sale, Financing of 56,300-Square-Foot Shopping Center in Atlanta

by Abby Cox

Atlanta —Marcus & Millichap has arranged the $8.3 million sale of Hightower Station, a 56,300-square-foot shopping center located in Atlanta. Built in 1989 on 6.3 acres, the center is anchored by Dollar Tree and Atlanta SMART Academy, which occupies 70 percent of the property. There are 14 additional tenants, including Subway and Cricket Wireless. Taylor Abbott and Eric Abbott of Marcus & Millichap represented the seller in the transaction. Salim Valiani and Shujan Valiani secured the buyer, an undisclosed private investor. Additionally, Garrett Fierstein of Marcus & Millichap Capital Corp. …

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Medley_Johns-Creek-Ga
DevelopmentGeorgiaLeasingMixed-useNews

Six New Tenants Sign Leases at 43-Acre Medley Mixed-Use Project in Metro Atlanta

by Hayden Spiess

Johns Creek, Ga. — Six new tenants have signed leases at Medley, a 43-acre mixed-use property currently underway in the Atlanta suburb of Johns Creek. Toro Development Company is the developer and plans to break ground on the project in January. Upon completion, Medley will comprise 150,000 square feet of retail, restaurant and entertainment space; a 175-room boutique hotel; 110,000 square feet of office space; 750 multifamily residences and 133 townhomes; and a 25,000-square-foot plaza. The new tenants include Sephora, Rena’s Italian Fishery & Grill, High Country Outfitters, BODYROK, Petfolk and …

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Company newsGeorgiaNews

EoS Fitness to Open 50 Gyms in Georgia 

by Hayden Spiess

Atlanta — EoS Fitness has announced plans to expand into greater Atlanta and open 50 gyms throughout Georgia over the next 10 years. The first several gyms are scheduled to open by 2027. “Atlanta is the third-fastest-growing metropolitan area in the U.S., and venturing here represents a key milestone in our long-term vision for EoS,” says Rich Drengberg, CEO of the brand. The EoS portfolio currently includes more than 175 locations in Arizona, California, Florida, Nevada, Texas and Utah. 

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Halycon_Forsyth
DevelopmentGeorgiaGrocery-anchoredNews

Trader Joe’s to Open 13,500-Square-Foot Grocery Store at Halcyon Mixed-Use Development in Metro Atlanta

by Katie Sloan

Alpharetta, Ga. — RocaPoint Partners has announced that Trader Joe’s will open a new 13,500-square-foot grocery store at Halcyon, a mixed-use development in the north Atlanta region of Forsyth County. Located in Alpharetta near the Big Creek Greenway trail, the grocery store will be situated next to the new Chick-fil-A as part of the third phase of Halcyon, which recently celebrated its fifth anniversary of operation. Other committed tenants of Halcyon’s Phase III include Chewy Vet Care, Chase Bank and Five Guys. Halcyon also includes The Village Green central gathering space for …

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Collection-Forsyth_Cumming
GeorgiaLeasingNews

CTO Announces New Retail Openings, Leases at Collection at Forsyth in Metro Atlanta

by Katie Sloan

Cumming, Ga. — CTO Realty Growth Inc. has announced a round of new retail openings and leases at The Collection at Forsyth, an open-air mixed-use development in Cumming, an Atlanta suburb in Forsyth County. Sephora and Kilwins opened new locations at The Collection in November, and boutique Pilates fitness concept Bodyrok and pickleball concept The Picklr have recently signed leases to join the tenant roster. Sherri Wilson of JLL handles retail leasing at The Collection on behalf of CTO. Additionally, True Rest Float Spa and Bahama Buck’s are set to open …

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