KHP Capital Partners has purchased a historic Charlotte building. The company paid $19.3 million for The Johnston Building, a 100-year-old uptown office building. Spaulding & Sly Investments was the seller. The Charlotte Business Journal reports Spaulding & Sly acquired the property from The Dilweg Co. in 2019 for $35.3 million....

KKR has acquired a two-building Class A logistics property in the Nashville Airport submarket. KKR paid $76.2 million for the industrial campus, or $186 a square foot. The firm financed the purchase with a $42 million loan from Forethought. The seller was a joint venture between LRC Properties and Machine...

A joint venture between Songy Highroads and the Hyatt Corporation has obtained a $54 million loan from Deutsche Bank for the 218-room Hyatt Centric Buckhead Atlanta. Commercial Edge reports that the refinancing takes over for a $48 million Citizens Bank loan set to mature within the year. The 18-story hotel,...

Ardent Companies has updated its plans for redeveloping a Durham Coca-Cola Bottling Company warehouse. The new development will include 370 apartments, 35 townhomes and nearly 70,000 square feet of retail space, including a grocery store. The company is hoping to break ground in the first quarter of 2025. If it...

MDH Partners (MDH) announces the close of a $130 million financing from Capital One. The Frontier Loan supports more than 1.8 million square feet of MDH’s recent acquisitions and development across coastal Georgia and three other US towns. The acquisition includes the 655,500-square-foot Beltway Logistics Center just outside Savannah, in...

Jamestown has completed a project in a former Sears store. After the at-one-time retail giant shuttered all its stores, numerous resourceful developers came in with new and different ways to re-use the property. Jamestown has delivered 619 Ponce, a 115,000-square-foot Class A office building in Atlanta’s Old Fourth Ward. Jamestown...

Larry Ellison, the company’s CEO, said the move of its headquarters was made to be closer to healthcare facilities. Oracle is heavily invested in a Nashville healthcare company, Cerner Corp., buying it for $28 billion in December 2021. It’s unclear how much of a presence the company will still have...

Bridgewood Property Corp. and Harrison Street have delivered The Village on Morehead, a $100 million, 12-story Charlotte luxury rental community that includes 192 units for seniors 55 and up. The Village on Morehead is a membership-only community, which requires residents to pay a one-time entry fee and sign a 12-month...

Retail center giant Edens has sold off a Publix-anchored retail center in Atlanta. InvenTrust Properties Corp. paid $28 million for Moores Mill Center, a 6-acre property that includes a 45,000-square-foot Publix and about 15,000 square feet of retail space. It is located at Moores Mill Road, Bolton Road and Marietta...

The Benoit Group, in partnership with Atlanta Housing, closed project financing for the development of Englewood Senior. The 160-unit affordable independent senior living project marks the first redevelopment phase of a master-planned, mixed-use, multi-phase community on the 30-acre site of the former Englewood Manor public housing site. It should be...