Florida
CBRE Arranges $18M Sale of St. Petersburg MF Property
CBRE has brokered the $17.6 million sale of The Madeira, a 138-unit multifamily property in St. Petersburg. Francesco Carriera and… Read more
Orlando Office Property Trades for $28M
Crocker Partners has sold Maitland Lakes, a 174,000-square-foot mid-rise office building in Orlando, for $28 million. The buyer was Brightman-Gil… Read more
CBRE Tapped to Sell 115 Acres Bordering Vero Beach Golf Course
CBRE Golf & Resort Properties has been tapped to sell a 115-acre site planned for residential development. The site borders… Read more
Elion Partners Snags 158K-SF Industrial Facility in Deerfield Beach
Real estate investment firm Elion Partners has acquired a 158,000 square-foot, last-mile industrial distribution facility in Deerfield Beach for $22… Read more
12 Trends That Are Shaping Commercial Real Estate in 2020
By Paul Bubny Twelve different commercial real estate trends and 12 different voices to express each of them. NKF’s white… Read more
Vestar Sells 254K-SF Crossroads Towne Center for $62M
Vestar ended its hold on Crossroads Towne Center, a 254,109-square-foot shopping center in Chandler, AZ. The Phoenix-based Vestar sold the… Read more
Report: Commercial Construction Starts Accelerated in Top Metro Areas in 2019
The value of commercial and multifamily construction starts during 2019 in the top 20 metropolitan areas in the U.S. gained… Read more
Coldwell Banker Commercial Arranges $30M Sale of Gainesville MF Portfolio
Coldwell Banker Commercial M.M. Parrish Realtors has arranged the $30.3-million sale of a 461-unit multifamily portfolio in Gainesville, FL. Beau… Read more
Starlight Investments Snags 334-Unit St. Petersburg MF Property
Starlight Investments has acquired Promenade at Carillon, a 334-unit multifamily property in St. Petersburg’s Gateway submarket. The sales price was… Read more
Ferber To Develop 70-Acre MXU Project in Jacksonville
Privately-held real estate development and investment company Ferber Co. has announced plans for Durbin Creek Crossing, a 70-acre mixed-use development… Read more
Davie Office Park Trades for $11M
Colliers International Florida has arranged the $10.7 million sale of University Office Park, a 54,578-square-foot office development in Davie. Located… Read more
Veterans MOB Portfolio Lands $700M of Construction-to-Permanent Financing
A six-building portfolio of new construction, medical office projects fully-leased to the Veterans Administration has received $703 million in construction-to-permanent… Read more
Pensam Provides $56M Bridge Loan for Sarasota Active Adult Community
Real estate multifamily lender and investor Pensam has provided a $56 million bridge loan to replace the construction financing for… Read more
Marcus & Millichap Brokers Sale of 18-Acre Panama City Beach Development Site
Marcus & Millichap has brokered the $1.9 million sale of a nearly 18-acre development site in Panama City Beach. The… Read more
Container Traffic Slides on Factory Shutdowns Over Coronavirus
With coronavirus causing longer Lunar New Year shutdowns of factories in China, imports at major U.S. retail container ports are… Read more
Hall Structured Finance Provides $140M Construction Loan for Orlando Hotel Project
Dallas-based Hall Structured Finance has provided a $140 million construction loan for Flamingo Crossings Town Center, a 997-room, four property… Read more
JLL Hires Sheridan as Executive VP in South Florida
JLL has announced the hiring of Peter Sheridan as executive vice president in South Florida. Sheridan will focus on providing… Read more
Zom Senior Living Breaks Ground on $180M Community in West Palm Beach
Zom Senior Living, Liberty Senior Living, and funds managed by an affiliate of Ares Management Corporation have recently broken ground… Read more
CushWake Brokers $25M Sale of Daytona Beach Apartments
Cushman & Wakefield has arranged the sale of Ridgecrest Park Apartments, a 275-unit, garden-style multifamily asset in Daytona Beach. The… Read more