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Florida People & Companies, November 6, 2026
- Marcus & Millichap announced the sale of Sunshine Industrial Center, a 56,597-square-foot, multi-tenant, small-bay warehouse in Clearwater, Florida. The 40-year-old asset sold for $7.35 million. Douglas Mandel, James Defusto, Zach Levine and Cody Hershey of Marcus & Millichap exclusively marketed the property on behalf of the seller, the Geneva Group, and procured the buyer, KW Partners.
- Greystar announced the sale of Cocomar Business Park, a 374,910-square-foot Class A logistics development in Coconut Creek, Florida to Willis Lease Finance Corp. Developed and built by Greystar, Cocomar comprises three rear-loading industrial buildings across approximately 36 acres at 4733, 4763 and 4851 W. Atlantic Boulevard. The project broke ground in June 2025 and was completed in September 2026, ahead of schedule.
- Hernandez Development & Construction and PTM Partners have closed a $17.3 million construction loan with Pinnacle Financial Partners, which recently merged with Synovus Bank, for Palm Beach Commerce Center, a 93,556-square-foot Class A industrial building at 8530 Belvedere Road in unincorporated Palm Beach County.
- Marcus & Millichap (NYSE: MMI) announced the sale of 1325 W. 49th St., a retail property in Hialeah, Florida. The asset sold for $6.3 million. The property is a free-standing 13,026-square-foot building on a 0.76-acre lot. It was built in 1968 and offers redevelopment opportunities.
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