Sarasota
424-Unit Sarasota Rental Community Taking Tenants
Aster & Links, a mixed-use apartment community by Belpointe OZ, is now open. The development replaces the former One Main… Read more
Sarasota Condo Developers Close $208M Financing Deal
PMG and MoneyShow secured $208 million in construction financing for One Park Sarasota, an 18-story condominium development located within Downtown Sarasota’s vibrant bayside… Read more
Kolter Urban Pays $92.5M for Naples Construction Site
Kolter Urban closed on a 3.07-acre site at 3300 Gulf Shore Blvd. in Naples, Florida, for $92.5 million. Kolter’s Brian… Read more
Macy’s Announces Florida Store Closures
Last week, ConnectCRE reported on a Macy’s store in Tampa that was purchased and will be repurposed. Macy’s has since… Read more
Developer Team Obtains Construction Loan for Sarasota Condos
Centennial Bank has provided a $46.5 million construction loan to a joint venture between Jebco Ventures and Omnium Real Estate, to… Read more
Publix-Anchored Sarasota Retail Center Trades for $20.4M
WMG Development has sold the recently completed Shoppes at Palmer Ranch, a Publix-anchored retail center in Sarasota, to The Wilder… Read more
Investor Duo Inks $171.4M Refi on SE Retail Portfolio
CBRE arranged a $171.4 million loan to refinance the “Southeast Grocery-Anchored Portfolio,” which includes eight properties located throughout Tennessee, Kentucky,… Read more
Unicorp Delivers $376M Sarasota Resort/Residences
Unicorp National Developments Inc. has completed the St. Regis Longboat Key Resort & Residences, a 1.1 million-square-foot project located on… Read more
Joint Venture Secures $83M Loan for Sarasota Venture
The Allen Morris Co. and the Alaska Permanent Fund Corp. are joining forces on a 253-unit multifamily project in Sarasota.… Read more
Luxury Medspa Opening Newest Location in Indiana
A new luxury wellness and skin rejuvenation center is slated to open in Indiana, serving Granger and neighboring communities in… Read more
Belpointe OZ Sponsor for $56.4M Mezz Loan
Southern Realty Trust originated a mezzanine loan in the aggregate amount of $56.4 million for Aster & Links, a multi-family… Read more
Benderson Adds to Sarasota Retail Center Portfolio
Benderson Development acquired Glengary Shoppes, a 95,489-square-foot shopping center on South Tamiami Trail in Sarasota. The property is 97% leased… Read more
Fort Myers Top Golf Property Sells for $38M
A 14-acre Fort Myers parcel was sold for $38 million. The Florida Business Observer reports the land, directly off of… Read more
Ft. Myers BTR Development Gets $59M Construction Loan
Centennial Bank has provided a $58.8 million construction loan to Prime Hospitality Group for the development of Woodlands at Portofino… Read more
Sansone and Broadstone to Develop Pre-Leased Distribution Center
Sansone Group and Broadstone Net Lease have partnered to develop a state-of-the-art, Class-A multi-temperature distribution center in Sarasota, FL for… Read more
Sarasota Opera Signs First New Lease in Redeveloped Industrial
The Sarasota Opera has signed the first new lease at redeveloped industrial park SRQ Distribution Campus. Leasing Building 3 in… Read more
Eastwind Development Names Omar del Rio New VP
Eastwind Development has brought on Omar del Rio as Vice President of Acquisitions and Development. He is based in Eastwind’s… Read more
Orange Pineapple Buys 3.1 Acres in Downtown Sarasota for $32M
Orange Pineapple LLC, with a $16.5 million loan from BridgeInvest, has purchased seven parcels on more than 3 acres in… Read more
Marcus & Millichap Closes Five-Property Vehicle Storage Portfolio Sale
Marcus & Millichap has announced the sale of a 1,499-unit, five-property Cuzin’s Vehicle Storage portfolio located in Bonita Springs, Fort… Read more