Mobile, AL – August 28, 2025 – Burton Property Group (“BPG”), a privately-held real estate investment, development, and operating company based in Mobile, Alabama, has closed on a $123 million recapitalization of 4 stabilized retail assets in partnership with Peaceable Street Capital (“PSC”), a national provider of structured capital to middle-market real estate operators.

The transaction strengthens BPG’s balance sheet and unlocks significant equity, positioning the firm to accelerate development across its active pipeline. The recapitalized assets—comprising over 750,000 square feet of institutional-grade retail—are located in high-growth Southeastern markets and anchored by a mix of national and regional tenants.

“This strategic recapitalization allows us to convert built equity into growth capital. In other words, we’re building on our success and readying our firm and our region for more growth in the future,” said Philip G. Burton, President & CEO of Burton Property Group. “It ensures we’re well-positioned to execute on transformational projects already underway, including the South Alabama Logistics Park and River Walk Plaza.”

The deal was structured with preferred equity provided by Peaceable Street Capital, enabling BPG to retain ownership while gaining flexibility to deploy capital into new developments and acquisitions. “Burton Property Group is an exceptional operator with a clear long-term vision,” said Elaine Johnson, CEO at PSC. “We’re proud to support their continued expansion and impact across the Gulf Coast.”

The recapitalization will help advance BPG’s portfolio of industrial and mixed-use developments, including the 1,300-acre South Alabama Logistics Park, which serves the Port of Mobile, and River Walk Plaza, a forthcoming mixed-use destination along Mobile’s downtown waterfront.

LL Capital Market’s Investment Sales and Advisory team representing the operating partner (Burton Property Group) was led by Senior Managing Director Jim Hamilton, Managing Director Brad Buchanan, and Vice President Andrew Michols.

About Burton Property Group

Burton Property Group is a Mobile-based real estate investment and development firm that specializes in institutional scale retail, industrial real estate throughout the Gulf South, with a mission to drive regional growth through strategic investment and placemaking.

About Peaceable Street Capital

Peaceable Street Capital is a Philadelphia-based specialty finance firm that provides participating preferred equity to support experienced operators with established track records in acquiring and refinancing income producing commercial real estate. PSC focuses on small to mid-size properties across a wide range of asset types throughout North America. By partnering with middle-market sponsors, PSC structures creative and flexible preferred equity solutions that align interests and enhance returns. The firm’s investment activities are managed by PSC Manager, LLC, a federally registered investment advisor.