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Wednesday, November 11, 2026Commercial real estate news

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RATE WATCHDaily benchmarks 10-year Treasury4.98%+10 bpAs of Nov 10 5-year Treasury4.81%+14 bpAs of Nov 10 SOFR3.88%-1 bpAs of Nov 9 Effective Fed funds3.88%UnchangedAs of Nov 9

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New YorkJobs YoY +0.2%Unemployment 4.3%FloridaJobs YoY +0.6%Unemployment 4.4%TexasJobs YoY +1.1%Unemployment 4.4%CaliforniaJobs YoY +0.7%Unemployment 5.1%New JerseyJobs YoY +0.1%Unemployment 4.2%North CarolinaJobs YoY +1.3%Unemployment 3.4%AlabamaJobs YoY +1.0%Unemployment 3.5%AlaskaJobs YoY +1.2%Unemployment 4.3%ArizonaJobs YoY +0.6%Unemployment 4.9%ArkansasJobs YoY +0.9%Unemployment 3.9%ColoradoJobs YoY +0.4%Unemployment 4.1%ConnecticutJobs YoY +0.9%Unemployment 5.1%DelawareJobs YoY +0.3%Unemployment 4.6%District of ColumbiaJobs YoY -3.5%Unemployment 5.6%GeorgiaJobs YoY 0.0%Unemployment 3.3%HawaiiJobs YoY +0.1%Unemployment 2.8%IdahoJobs YoY +1.0%Unemployment 3.6%IllinoisJobs YoY +0.2%Unemployment 4.6%IndianaJobs YoY -0.4%Unemployment 3.4%IowaJobs YoY +0.3%Unemployment 3.2%KansasJobs YoY +0.3%Unemployment 3.8%KentuckyJobs YoY 0.0%Unemployment 4.7%LouisianaJobs YoY +1.8%Unemployment 4.0%MaineJobs YoY +0.1%Unemployment 3.3%MarylandJobs YoY -0.5%Unemployment 3.9%MassachusettsJobs YoY +0.4%Unemployment 4.3%MichiganJobs YoY 0.0%Unemployment 5.0%MinnesotaJobs YoY +1.2%Unemployment 4.5%MississippiJobs YoY +0.6%Unemployment 3.3%MissouriJobs YoY +1.0%Unemployment 3.6%MontanaJobs YoY -1.0%Unemployment 3.1%NebraskaJobs YoY +0.4%Unemployment 2.9%NevadaJobs YoY +1.6%Unemployment 4.7%New HampshireJobs YoY +0.3%Unemployment 2.6%New MexicoJobs YoY +1.3%Unemployment 4.7%North DakotaJobs YoY +0.2%Unemployment 2.2%OhioJobs YoY +0.3%Unemployment 3.4%OklahomaJobs YoY +0.8%Unemployment 4.2%OregonJobs YoY -0.1%Unemployment 5.0%PennsylvaniaJobs YoY +0.7%Unemployment 3.6%Rhode IslandJobs YoY -0.1%Unemployment 3.6%South CarolinaJobs YoY +2.3%Unemployment 4.0%South DakotaJobs YoY +0.4%Unemployment 2.0%TennesseeJobs YoY +0.8%Unemployment 3.4%UtahJobs YoY +1.5%Unemployment 3.5%VermontJobs YoY -0.1%Unemployment 2.6%VirginiaJobs YoY -0.6%Unemployment 3.6%WashingtonJobs YoY +0.7%Unemployment 4.8%West VirginiaJobs YoY 0.0%Unemployment 4.0%WisconsinJobs YoY +0.4%Unemployment 3.2%WyomingJobs YoY +0.9%Unemployment 3.0%

Retail development / NEWS

GBT plans Gallatin retail center after acquiring 42.5-acre site

The developer has signed two leases at The Crossroads at Gallatin and plans to begin construction later in November 2026.

Lucas GrantDevelopment & InfrastructureNovember 13, 2026 · 2 min read

Leasing and development plans

GBT Realty has signed two leases for The Crossroads at Gallatin, a planned retail development in Gallatin, Tennessee. Academy Sports + Outdoors agreed to 55,000 square feet and Sprouts Farmers Market to 23,000 square feet, REBusinessOnline reported on Nov. 12, 2026. The report did not specify when the leases were signed or disclose their financial terms. GBT Realty Acquires 42.5 Acres in Middle Tennessee, Plans 300,000 SF Retail Development - REBusiness

The Brentwood-based developer acquired 42.5 acres at Green Lea Boulevard and Harris Lane for the project, which is planned to have nearly 300,000 square feet of retail space. The report did not identify the seller, purchase price or acquisition date. GBT Realty Acquires 42.5 Acres in Middle Tennessee, Plans 300,000 SF Retail Development - REBusiness

According to the report, GBT planned to begin construction later in November and expected to announce more tenants. The report described a planned center and signed leases, not a completed development or retailer occupancy. GBT Realty Acquires 42.5 Acres in Middle Tennessee, Plans 300,000 SF Retail Development - REBusiness

retail land acquisition development leases