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McCraney Property, Tavistock to Develop 1.3 Million SF of Light Distribution Facilities at Infinity Park
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A rendering for one of the proposed distribution facilities to be built within the 206-acre Infinity Park.Private development firm McCraney Property Co. is teaming up with locally based Tavistock Development Co. to develop up to 1.26 million square feet of light

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Los Angeles Investor Boosts Florida Multifamily Portfolio to $500 Million with Latest Buy
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One of the fastest growing apartment operators in the country closed on its latest apartment building in suburban Orlando, Florida, as the company’s investment in the state reaches half a billion dollars. TruAmerica Multifamily, of Los Angeles, paid $79 million, or about $132,000 per unit, for the 596-apartment Solis at Winter Park in Winter Park, […]

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Sears to Sell Three Florida Stores, Distribution Center
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The Sears store in Daytona Beach, Florida, is one of three being listed for sale. Sears Holdings is unloading 2.35 million square feet of real estate across Florida, including the state’s largest industrial building, as the struggling national retail stalwart shrinks its brick-and-mortar footprint, shores up capital and focuses on online sales. Avison Young said […]

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Downtown Tampa Prepares for First Speculative-Build Office Tower in 25 Years
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Image credit: Cookfox Architects Locally based developer Strategic Property Partners plans to begin construction on 1001 Water Street, a 20-story office tower in downtown Tampa, Florida. Part of the $3 billion Water Street Tampa renovation project, 1001 Water Street would be the first office tower built in Tampa’s central business district in more than 25 […]

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Republican Florida governor candidate DeSantis resigns from Congress
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//delivery.vidible.tv/jsonp/pid=56c21811e4b009d9eacb4ef9/vid=5b969af26614d15f46152a52/5643911267b62318603bce5a.js?m.embeded=cms_video_plugin_releases.aol.com WASHINGTON, Sept 10 (Reuters) – U.S. Representative Ron DeSantis, a Republican in a close race for governor of Florida, on Monday notified House of Representatives Speaker Paul Ryan that he was resigning immediately from Congress. Read more…

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New Development Focused on Wellness Opens in Florida
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Credit: Integra Investments. Aventura ParkSquare opened in the past month as a mixed-use project focused on health, wellness and walkability in Aventura, Florida, an affluent suburb north of Miami t

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Affordable Rental Community Coming to Southern Miami-Dade County
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Rendering of the 123-unit Caribbean Village in Miami. An affordable housing rental for seniors is under construction 15 miles south of downtown Miami, the first project of its kind in the South Miami Heights neighborhood in a quarter century, the developer said. Pinnacle Housing Group expects to complete the 123-unit Caribbean Village at 19755 SW […]

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Why Brookfield Embraces Airbnb: It Wants $1 of Every $4 in Rent Tenants Earn
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The Olmsted apartments in Nashville, Tennessee, purchased by Newgard Development Group last month and rebranded as an Airbnb rental building. Some landlords across the U.S. and Canada may discourage tenants from subletting on Airbnb. But not Toronto-based Brookfield Asset Management, which figures it can reap as much as an extra 3 percentage points in return, […]

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Hyatt Centric Hotel Seizes on Miami Spillover Demand in Fort Lauderdale
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Courtesy of Kolter Hospitality. A Hyatt Centric is under construction on Las Olas Boulevard in Fort Lauderdale, Florida, in what would be the city’s tallest building and the first new hotel on the signature

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Spec Office Building Proposed for Western Fort Lauderdale Suburb
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Rendering of 1700 Metropica Way in Sunrise, Florida. The developer of a $1.5 billion mixed-used project in South Florida is about to test the market for speculative office space in a southwestern suburb of Fort Lauderdale. Metropica Development hired the CBRE brokerage to handle office leasing for a 170,000-square-foot building at Metropica in the city […]

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