Jacksonville
Spec Logistics Center Planned in Central Florida
Red Rock Developments, Westport Capital Partners LLC and Wharton Industrial plan to develop Florida Crossroads Logistics Center, a 617,046-square-foot spec… Read more
Women in Real Estate 2018: Garza Maximizes Returns for REEP
Arleen Garza had established a thriving career in the financial services sector, achieving the title of SVP, before embarking on… Read more
Mayo Clinic Plans Expansions in AZ, FL Totaling $800M
Connect Healthcare is slated for October 29 and 30 at The Resort at Pelican Hill. Follow this link for more… Read more
Vestar Snags Petaluma Retail Center for $55M
Phoenix-based Vestar purchased East Washington Place, a more than 340,000-square-foot shopping center in Petaluma, CA from Regency Petaluma LLC, an… Read more
Landmark BB&T Tower in Downtown Jacksonville Sold
BB&T Tower, an 18-story, 285,497-square-foot office tower at 200 W. Forsyth St. in downtown Jacksonville, sold for $24.47 million. Transwestern… Read more
Vacancies Reach 18-Year Low as E-Commerce Keeps Growing
Industrial vacancies nationally have reached their lowest point since 2000, Dallas-based valuation advisory firm BBG said Tuesday. The second quarter… Read more
Scarcity of Class A Drives Industrial Prices to New Highs
There’s still time to join us for Connect Industrial in Chicago on Wednesday. Leading up to the conference, Connect Media… Read more
Passco Acquires 380-Unit Jacksonville MF for $70M
Irvine, CA-based Passco Companies acquired The Point at Tamaya, a 2017-built, Class A+, 380-unit multifamily community in Jacksonville, FL, for… Read more
Insurance Companies Create Health Hubs for Seniors
Insurance companies are struggling to find ways to decrease the ballooning healthcare costs related to the aging population. Two of… Read more
Hines Breaks Ground on New Office for McKesson in Jacksonville
Hines broke ground on a new 125,000-square-foot Class A office building for McKesson’s Medical-Surgical business within Southside Quarter, the Houston-based… Read more
Blackstone Continues Renewed Industrial Push with Closing of PIRET Deal
Connect Industrial is coming up on July 11 in Chicago. Here’s a link for more information about the conference and… Read more
Cordish Joins Team for $2.5B Jacksonville MXU Development
Baltimore-based The Cordish Companies joined a joint-venture that includes Iguana Investments and the Jacksonville Jaguars to develop a $2.5-billion mixed-use… Read more
LNR Engages Transwestern for Jacksonville BB&T Tower Assignment
Special servicer LNR Partners retained Transwestern to provide investment sales services for BB&T Tower, a 285,487-square-foot, Class A landmark office… Read more
2018 NMHC 50 Rankings Reveal Sector Strength, Continued Apartment Growth
The 2018 NMHC 50 rankings are out, and it reveals the apartment sector continued its strong economic run last year.… Read more
Gramercy Completes $537M Portfolio Transaction
New York-based Gramercy Property Trust completed the acquisition of four of the assets identified in the initial portfolio transaction for… Read more
Blackstone Buying 41-Property Portfolio from FRP for $359M
An affiliate of Blackstone Real Estate Partners VIII, L.P. is acquiring 41 industrial warehouses and two adjacent lots from Jacksonville-based… Read more
Fidelity Acquires Stewart Title for $1.2B
Fidelity National Financial Inc. is acquiring Houston-based insurer Stewart Information Services Corp in a $1.2-billion cash-and-stock deal. The move is… Read more
What Are Comparative Costs to Build Out Office Space Today?
Construction costs rose 3% through 2017 and are expected to follow suit heading into 2018 and beyond, predicts JLL in… Read more
Gramercy Acquires Amazon Jacksonville Fulfillment Facility
New York-based Gramercy Property Trust Inc. acquired the recently-completed Amazon.com fulfillment center in Jacksonville’s Cecil Commerce Center from Hillwood Investment… Read more