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Florida & Gulf Coast  + Central Florida  + Office  |  May 6, 2026
Imperial Plaza
Mike Boyd
By: Mike Boyd

Space Coast Office Portfolio Sells for $35M

Colliers brokered the sale of a five-property office and mixed-use investment portfolio totaling over 294,000 square feet in Melbourne, FL, for a combined $35 million. The seller completed the disposition of the Florida Space Coast Investment Portfolio through a structured sale process. 

Joe Rossi and Scott Brenner of Colliers represented the seller in all transactions. The portfolio sold across multiple transactions completed between August 2025 and April 2026. 

PMD Capital Management purchased Melbourne Corporate Center and Hibiscus Professional Center, while an affiliate of Southeast Petro, acquired Imperial Plaza, Centre at Suntree and Rivercrest Professional Center. Scott Loveridge of Relentless Real Estate represented Southeast Petro in the transaction, while PMD Capital Management completed its acquisitions without outside representation. 

The five-property portfolio totals approximately 294,570 square feet across 36.41 acres: 

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Colliers

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.
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  • ◦Sale/Acquisition