CleanSpark acquired five turnkey bitcoin mining facilities in rural Georgia for a cash payment of $25.8 million. The definitive agreements include the purchase of mining data centers and equipment at each site, excluding the miners, and the assumption of the underlying real…
Lee & Associates has negotiated a new 444,600-square foot, long-term lease for John B. Sanfilippo & Son, Inc. (JBSS) at Venture Park 47, 12300 Jim Dhamer Drive, in Huntley, Illinois. This transaction marks the largest industrial lease of the second…
A development team has been chosen for a project that would build an entertainment destination next to Mercedes-Benz Stadium. The Georgia World Congress Center Authority (GWCCA) is looking to repurpose the 11-acre Home Depot Backyard adjacent to the stadium. Located on…
Nashville-based development firm CA South closed on a $22 million bridge loan to refinance one of its apartment projects. Knighthead Funding originated the loan for the refinancing of The Luna, a newly built apartment community located at 1009 8th Ave….
The St. Michael’s Veterans Center, together with Kansas City leaders and community members, broke ground on the final phase of a new housing development for military veterans. The St. Michael’s Veterans Center’s affordable and permanent housing is geared toward veterans…
The former St. Margaret’s Health Hospital in Spring Valley, Illinois, a shuttered 226,352-square-foot medical facility, has been listed for sale. In 2023, St. Margaret’s Health filed for Chapter 11 bankruptcy and SMP Health, which operated the hospital, said the hospital…
The Newport Beach-based SRS Real Estate Partners Capital Markets team has sold a total of 33 7-Eleven-occupied properties over the past 18 months, valued at $242 million with an average cap rate of 5.27%. Additionally, SRS has 24 7-Eleven assets…
Construction on Airabella Lake Oconee, a 137-acre mixed-use project east of Atlanta, is set to begin this summer. Choice Gateway is developing the project. The developers hope to complete all aspects of the project by 2026. Plans call for a…
Whitestone Companies acquired the 275-room Le Méridien Atlanta Perimeter in partnership with Shaner Hotels. Starwood Capital Group was the seller. The 12-story, 224,684-square-foot hotel is adjacent to Perimeter Mall and near the corporate offices of State Farm and Mercedes-Benz, as…
Marcus & Millichap closed the sale of Le Chateau Apartments, a 76-unit apartment asset in Anaheim. The property sold for $27.45 million, or $361,184 per unit. “On the market for the first time in more than 40 years, Le Chateau is…
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