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Don King KO'd His Plan for 'Mini-Madison Square Garden' in Florida, So Why Won't He Sell the Land?
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Nineteen years ago this summer, boxing promoter Don King vowed in typically flamboyant fashion to turn a long-shuttered jai alai fronton in Palm Beach County, FL into a “mini-Madison Square Garden.” The 53-acre site at 1415 45th St. in the tiny town of Mangonia Park is adjacent to the northernmost Tri-Rail commuter train station.

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Ollie’s Bargain Outlet to Open New 30,000-SF Location in Shoppes at Lakeland Square Mall
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Ollie’s Bargain Outlet, a discount retailer, is set to open a new location at the Shoppes at Lakeland Square Mall in Lakeland, FL, signing a 30,109-square-foot lease with the retail center’s landlord, Equity LLC. The 44,375-square-foot complex, located adjacent to the Lakeland Square Mall at 4000 US Highway 98 N., was originally built in 1993, […]

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Nicol Investment Co Purchases Havana Square for $58M
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The Nicol Investment Company purchased the Havana Square apartments at 400 N. Rome Ave. in Tampa, FL from Pollack Shores Real Estate Group for $58 million, or about $212,000 per unit. The 220,375-square-foot multifamily property was constructed in 2017 in the North Hyde Park multifamily submarket, near Tampa. The property has four stories with up […]

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Capital Square 1031 Pays $7.1M for Flex Property in Tampa
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Capital Square 1031 acquired the flex building at 4910 Savarese Cir. in Tampa, FL for $7.07 million, or about $99 per square foot. The 71,150-square-foot building delivered in 1982 and was recently renovated in 2015 to make room for the expansion of a tenant, Capsugel, which currently occupies the entire property. The facility is situated […]

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MMG Equity Partners Pays $17M for Meadows Square Shopping Center
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MMG Equity Partners, a privately-owned real estate investment firm with a portfolio throughout South Florida., recently acquired the Meadows Square Shopping Center at 4701 N Congress Ave. in Boynton Beach, FL, for $17 million. A joint venture between DRA Advisors LLC and Woolbright Development sold the 94,708-square-foot center anchored by Presidents Supermarket. Casey Rosen of […]

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Petit Square Sells in Naples
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Osprey Capital, a private family office headed by the Hoffmann family, acquired Petit Square, an aptly named small retail building located at 292-294 South 14th Ave. in Naples, from Manhattan Construction for $7.3 million or approximately $552 per square foot. The 13,210-square foot retail building was constructed in 2002. The buyer has amassed a 21-building […]

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Florida State Trust Fund Buys Resource Square Two Office Bldg
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The Internal Improvement Trust Fund of the State of Florida has acquired the Resource Square Two office building at 12000 Research Pky in Orlando, FL for $19.1 million, or about $154 per square foot, from Banyan Street Capital. The four-story, 123,658-square-foot office building delivered in 2000, within the Central Florida Research Park. The asset was […]

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Buff Mgmt Sells Avalon Square Apts in Bradenton
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Buff Management Properties sold the 156-unit Avalon Square Apartment Homes at 3506 14th St. in Bradenton, FL for $11.99 million, or about $78,000 per unit, to Yes Property Investments, Inc. The 179,544-square-foot multifamily community consists of one-, two- and three-bedroom units in 15 buildings. Avalon Square Apartment Homes delivered to the Bradenton MF submarket in […]

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Nightingale Properties Sells Main Street Square Shopping Center
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Nightingale Properties LLC sold the Winn Dixie-anchored Mainstreet Square shopping center at 7800 S. US Hwy 17-92 in Fern Park, FL for $10.02 million, or about $92 per square foot, to Gramercy Property Group LLC. The 108,509-square-foot retail center was built in 1988 and renovated in 2013. It is located on 8.9 acres in Orlando’s […]

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Office Lease Up (January 30) Slack Technologies Takes 230,000 SF at Foundry Square IV
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Heitman has signed Slack Technologies to fill 230,000 square feet of office space at the Foundry Square IV building in downtown San Francisco set to be vacated by The Gymboree Corp. The business messaging app company will take occupancy in 2018 of floors through two through 10 at the 247,238-square-foot, 10-story office building located at […]

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