- GBT Realty plans to deploy $1.3B in retail development and acquisitions over 18 months.
- The firm expects assets under management to surpass $3B with this new investment.
- GBT will launch construction on 33 new retail projects and has added 12 staff members.
- Main capital partners include AEW Capital Management and commitments from family offices.
Major Retail Investment Ahead
According to Bisnow, GBT Realty, based in Brentwood, TN, is set to inject $1.3B into retail development and acquisitions through mid-2027. The company is targeting both ground-up build-to-suit projects and shopping center purchases across the US. With this aggressive growth strategy, GBT aims to more than triple its assets under management, currently at $1B, to over $3B.
Retail Development Pipeline
The retail development focus includes breaking ground on 33 new projects within the next 18 months. GBT is also expanding its team, hiring 12 professionals in land acquisition, development, and leasing to support its ambitious pipeline. The company is using its own equity, partnering with AEW Capital Management, and leveraging $500M in lending commitments to drive its expansion.
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Growth Strategy and Market Position
CEO Brian Dawson emphasized that this $1.3B investment marks the beginning of ongoing capital deployment, with intentions to launch additional funds. GBT Realty has traditionally focused on strip shopping centers in the southern US and manages 5M SF across 35 properties. Its portfolio includes mixed-use residential projects and the Ellsworth Place mall, where a 450-unit apartment building is planned.
Market Activity and Future Plans
Recently, GBT acquired three shopping centers and plans to deliver six Sprouts Farmers Market-anchored centers in 2025. Meanwhile, similar retail assets continue to surface nationwide as owners reposition large-format store portfolios. That activity signals rising investor demand for well-located retail sites with redevelopment upside.
As a result, retail development momentum continues to accelerate nationwide. The firm is expanding its footprint to strengthen its competitive position. Ultimately, GBT aims to rank among the nation’s top retail real estate owners and operators. Its long-term strategy focuses on sustained capital deployment and portfolio growth across diverse US markets.
