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EML Realty Partners Announces Acquisition Of Ferguson Plumbing Supply Warehouse Portfolio In Central Florida

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Ferguson Plumbing Supply has been the tenant in both of these buildings since 2006. The purchase price of these buildings, around $50 per square foot, was less than the land value alone.
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Register Today For A CFCAR Webinar: New Laws Affecting Commercial Real Estate

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Discussion topics will include the Live Local Act, Real Property Fraud and Foreign Interests In Real Property, presented by Attorney Kathleen Hugo, Attorney Anna Long and Senior Commercial Underwriting Counsel Alan McCall.
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EML Realty Partners Announces Acquisition Of Cape Canaveral Industrial Campus

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“This property offers significant upside as the Cape Canaveral port and space coast areas continue to develop around this property. Elon Musk and Jeff Bezos are investing billions in this space coast area and there is very limited supply of industrial properties around the port, said Eric M. Levitt, founder of EML Realty Partners.
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Other Industry News

BWE Secures Financing For Adaptive Reuse Industrial Facility In Fort Pierce

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The 362,710-square-foot flex property was formerly Orange Blossom Mall.
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$11M Construction Loan Secured For Self-Storage Facility In Melbourne

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On July 15, Basis Industrial broke ground on the 126,741-square-foot, state-of-the-art self-storage facility featuring 955 climate-controlled units, advanced security systems, and other amenities.
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Franklin Street Announces New Regional Managing Director In Orlando

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Williams will oversee and grow the firm’s several business lines in the Orlando market, including insurance, investment sales, capital advisory, leasing, project management and property management.
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Newmark Completes $80.4 Million Sale, Financing Of Clermont Multifamily Asset

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Newmark Multifamily Capital Markets Vice Chairmen Scott Ramey and Patrick Dufour, Director Brad Downing and Associate Paul Grant represented the seller in the sale transaction.  
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Developers Secure $24M Construction Loan For Orlando’s Latest Condo-Hotel

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The Flats Orlando will operate as a hotel with short-term stay options streamlined through an exclusive rental program led by a worldwide brand soon to be announced.
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