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CREC Gets the Nod to Lease Plantation Walk Retail Space
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Encore Capital Management, the developer of the $350 million Plantation Walk mixed-use project in Plantation, FL, has hired the CREC real estate firm to handle leasing for the project’s 200,000 square feet of retail space. Plantation Walk is a redevelopment of the former Fashion Mall, located on 35 acres along Broward Boulevard near University Drive. […]

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Q&A: Is Downtown Miami the Best Fit for Amazon?
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Miami Worldcenter is currently in development on 27 acres in Downtown Miami. The mixed-use project could potentially accommodate Amazon should the online retailer select the city for its second headquarters.-Rendering courtesy of Miami Worldcenter Associates Amazon short-listed South Florida for its coveted second

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Convexity Properties Sells Urban Style Flats in St. Petersburg for $46.3M
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Novel Property Ventures acquired the Urban Style Flats apartments at 310 10th St. S in St. Petersburg, FL for $46.25 million, or about $96,000 per unit, from Chicago-based Convexity Properties. The 481-unit, 227,240-square-foot multifamily property was built between 1971 and 1978, situated within walking distance of many attractions such as Tropicana Field, the University of […]

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EDR Buys 4.9 Acres in Hillsborough County for $8M
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EDR, an affiliate of Madison, WI-based Education Realty Trust, Inc., purchased 4.86 acres of development land at 3600 E. Fletcher Ave. in Tampa, FL for $8 million, or about $1.7 million per acre, from The Collier Companies. The vacant lot is located in the Northeast Tampa submarket of Hillsborough County. The buyer intends to build […]

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Central Park Apartments Trade in Altamonte Springs
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TruAmerica Multifamily, together with equity partner Citymark Capital, have acquired the Central Park Apartments located at 525 One Center Blvd. in Altamonte Springs, FL from a joint-venture partnership between McDowell Properties and Prospect Capital Corporation. The sellers acquired the property in November 2013 from Oxford Properties Group as part of a six-property, 2,271-unit bulk portfolio […]

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American Freight Furniture & Mattress Signs New Lease in Sanford
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American Freight Furniture & Mattress has signed a new lease for 21,755 square feet on a five-year, triple-net basis in the Village Market Place of Lake Mary shopping center at 3818-3848 S. Orlando Dr. in Sanford, FL. The Village Market Place of Lake Mary is a 76,433-square-foot neighborhood center at the southwest corner of S. […]

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Florida Blue Leased 82,000 SF in Miami
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Florida Blue, a health insurance provider in Florida, signed an 81,856-square-foot lease at 8600 NW 36th St. in Miami, FL. The eight-story, 230,504-square-foot Doral Court office building was built in 1992, renovated in 1998 and is located in the Miami Airport submarket. Gordon Messinger and Ericka Witkowski of Cushman & Wakefield represented the landlord. David […]

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Amazon Narrows HQ2 Search to 20 Markets
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Credit: Amazon.com Amazon (Nasdaq: AMZN) issued a short list of 20 metropolitan areas making the next cut in the competition to host the company’s second North America headquarters. This top 20 were narrowed from 238 proposals Amazon received from across the U.S., Canada, and Mexico in an unprecedented bidding process to host the company’s second […]

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Mercury Advisors Secures Financing for Grand Central at Kennedy
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Mercury Advisors, a commercial real estate investment firm, secured an $18.25 million bridge loan financing for the Grand Central at Kennedy mixed-use project located at 1120 E. Kennedy Blvd. in downtown Tampa, FL. The loan carries has a five-year term and a 25-year amortization schedule. Bob Hernandez, senior vice president and managing director of NorthMarq […]

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Redwood Capital Acquires 663-Unit The Arbors at Maitland Summit
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Redwood Capital Group LLC acquired The Arbors at Maitland Summit apartments located at 8636 Villa Pt. in Orlando, FL from TA Realty for $102 million, or about $154,000 per unit. The 701,415-square-foot multifamily building was constructed in 1998 on 17.1 acres in the Maitland MF submarket. It offers a mix of one-, two- and three-bedroom […]

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