GBT Realty Corporation is a privately held commercial real estate developer and investment manager founded in 1987 by George Tomlin and headquartered in Brentwood, Tennessee, in the Nashville metropolitan area. The firm operates a vertically integrated platform focused on ground-up necessity-based retail development across the United States. Since its founding, GBT has participated in the acquisition, development, construction, leasing, and management of commercial properties including grocery-anchored shopping centers, neighborhood centers, regional power centers, single-tenant retail, and mixed-use developments.
The company operates through three core platforms: Net Lease Development, Retail Centers, and Diversified Development. Its Net Lease Development platform has delivered a substantial portfolio of single-tenant net lease properties since launching programmatic development in the early 2010s. GBT has extensive experience developing stores for Dollar General, Walmart, and Target over the past decade.
In early 2026, GBT raised capital to deploy over the following months in build-to-suit development and shopping center acquisitions, with funding sourced from joint-venture partner AEW Capital Management, family offices, high-net-worth investors, and lending commitments. The company is expanding its assets under management and recently hired additional staff in land acquisition, development, and leasing.
GBT's retail portfolio comprises national and regional brand tenants deployed across multiple states primarily in the Southeast and Midwest. The firm maintains an active development pipeline with multiple groundbreakings scheduled in 2026, including triple-net lease assets for brands such as Speedway, Tractor Supply Co., and Sprouts Farmers Market, a Target-anchored shopping center in Alabama, and ground-up power centers in the Southeast.
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