Central Florida Commercial Real Estate News

Joe McLaughlin has been named executive managing director of Vestian’s newly opened office in Tampa, FL.

Vestian Taps Joe McLaughlin to Lead New Sun Belt Hub in Tampa

By Lisa McDuffie | February 16, 2023 Chicago, IL-based Vestian, a global commercial real estate solutions firm that serves only occupier...Read more

Marcus & Millichap has facilitated the sale of Treasure Bay Resort & Marina, an 83-room hotel located in Treasure Island, FL, for $18.2 million.

Treasure Island Motel Trades for $18M in All-Cash Deal

By Lisa McDuffie | February 15, 2023 Commercial real estate brokerage firm Marcus & Millichap has facilitated the sale of Treasure B...Read more

Capstone Companies has closed the $28.2-million sale of The Metro, a newly completed all-studio community in St. Petersburg, FL on behalf of seller DevMar Development.

The Metro Apartments Sets Per-Square-Foot Record for Pinellas County Multifamily

By Lisa McDuffie | February 14, 2023 Multifamily brokerage firm and advisory services provider Capstone Companies has closed the $28.2-m...Read more

Insula Companies has secured $26 million in refinancing for multifamily properties Gables at Honore in Sarasota and Lodge at Woodlake in Lakeland.

Insula Companies Secures $26M to Refi Sarasota, Lakeland Multifamilies

By Lisa McDuffie | February 10, 2023 Sarasota, FL-based Insula Companies has secured $26 million in refinancing for multifamily properti...Read more

Feeding Tampa Bay has broken ground on a 210,463-square-foot headquarters and distribution facility in Tampa, FL that will allow the organization to serve as West Central Florida’s core supplier of food for over one million food insecure families.

Feeding Tampa Bay, Ryan Companies USA Break Ground on 210K-SF Facility to Help End Hunger

By Lisa McDuffie | February 09, 2023 Feeding Tampa Bay has broken ground on a news headquarters and distribution center, a 210,463-squar...Read more

WMG Development has acquired a 12-story office tower located at 1390 Main Street in downtown Sarasota, FL.

WMG Development Acquires Mixed-Use Potential Site with Office in Downtown Sarasota

By Lisa McDuffie | February 03, 2023 WMG Development, an Effingham, IL-based real estate investment and development company, has acquire...Read more

B&L Investments Interstate, LLC has sold 350,000 square-foot Interstate Corporate Center in Tampa to a partnership of Torose Equities, Merrimac Ventures and Linkvest Capital.

Partnership Drops $31M on 350K-SF Office Complex near Downtown Tampa

By Lisa McDuffie | January 31, 2023 Torose 6302 LLC, a joint venture between Torose Equities, Merrimac Ventures and Linkvest Capital, h...Read more

Strategic Property Partners, LLC and tenant PEI Global Partners Holdings, LLC have on a lease at the Thousand & One office building in Tampa, FL.

Strategic Property Partners Signs PEI Global Partners to Thousand & One in Tampa

By Lisa McDuffie | January 27, 2023 Real estate development firm Strategic Property Partners, LLC and tenant PEI Global Partners Holdin...Read more

Carla Martin has joined Carter Funds as SVP with the firm’s national accounts team.

Carter Funds Appoints Carla Martin to SVP in National Accounts Team Expansion

By Lisa McDuffie | January 26, 2023 Tampa, FL-based Carter Funds has expanded its national accounts team with the appointment of Carla ...Read more

Fairway Investments has purchased the Livingston Market Place shopping center in Lutz, FL.

Fairway Investment Grabs New Publix-Anchored Shopping Center in Lutz

By Lisa McDuffie | January 25, 2023 Birmingham, Alabama-based Fairway Investments has purchased Livingston Market Place, a 64,441-squar...Read more

McCraney Property Company has secured $45.1 million to build a two-phase, eight-building, Class A industrial facility totaling 485,813 square feet in Ocoee, FL.

McCraney Property Company Locks In $45M to Build 496K-SF Industrial Complex in Ocoee

By Lisa McDuffie | January 20, 2023 McCraney Property Company has secured $45.1 million in construction financing for the development o...Read more

TerraCap Management, LLC has sold the Orlando International Business Center, a campus comprised of six single-story flex/industrial buildings in Orlando, FL.

TerraCap Management Sells Six-Building, 196K-SF Flex Office Park in Orlando

By Lisa McDuffie | January 19, 2023 Naples, FL-based privately held investment firm TerraCap Management, LLC has sold the Orlando Inter...Read more

Loci Capital and Maifly Development have secured $92 million for the construction of Tampa Heights Apartments in Tampa, FL.

Loci Capital, Maifly Development Lock in $92M to Build Class A Multifam in Tampa

By Lisa McDuffie | January 17, 2023 Tampa, FL-based Loci Capital and Maifly Development have secured $92 million for the construction o...Read more

Flagship Healthcare Properties has acquired a Class A medical office building located at 954 S. Orlando Avenue in Winter Park, FL.

Flagship Healthcare Properties Targets Central Florida for Medical Office Building Buys

By Lisa McDuffie | January 16, 2023 Charlotte, NC-based Flagship Healthcare Properties, an outpatient healthcare real estate firm, has ...Read more

Catalina Marketing has completed the $29.5-million sale and partial leaseback of 200 Carillon Class A office building located in St. Petersburg, FL.

Catalina Marketing Sells St. Petersburg Office in $30M Sale, Partial-Leaseback Deal

By Lisa McDuffie | January 13, 2023 Catalina Marketing has completed the $29.5-million sale and partial leaseback of 200 Carillon, a 15...Read more

Housing Trust Group and Housing for Homeless, Inc. have closed on financing to develop Orchid Lake, a $30-million affordable housing community located in Cocoa.

Housing Trust Group, Housing for Homeless Start $30M Affordable Community in Cocoa

By Lisa McDuffie | January 12, 2023 Housing Trust Group (a developer of affordable housing) and Housing for Homeless, Inc. (a nonprofit...Read more

Red Apple Real Estate has secured $252 million in financing for the construction of Residences at 400 Central in St. Petersburg, FL from Bank OZK

Red Apple Real Estate Secure $252M Build Loan for Residential Tower in St. Petersburg

By Lisa McDuffie | January 09, 2023 Red Apple Real Estate has secured $252 million in financing for the construction of Residences at 4...Read more

TerraCap Management has sold Versol, a Class A-plus, 240-unit multifamily in Bonita Springs, FL, for $87.3 million.

TerraCap Management Unloads Class A-Plus Bonita Springs Multifamily for $87M

By Lisa McDuffie | January 06, 2023 Naples, FL-based TerraCap Management, a privately held investment manager, has divested a Class A-p...Read more

Marcus & Millichap Capital Corporation has arranged a $3.4-million loan for the refinancing of Elizabeth Pointe Lodge hotel in Fernandina Beach, FL.

Marcus & Millichap Capital Corporation Arranges $3M Refi for Boutique Hotel in Fernandina Beach

By Lisa McDuffie | January 06, 2023 Marcus & Millichap Capital Corporation has arranged a $3.4-million loan for the refinancing of ...Read more

Global City Development and Gilu Development are starting construction of a $90-million, 255-unit multifamily in Fort Myers, FL.

Global City Development, Gilu Development Set to Start $90M Multifamily in Fort Myers

By Lisa McDuffie | January 05, 2023 A joint venture between two Miami, FL-based based real estate developers, Global City Development a...Read more

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