Other Industry News

609-Unit Self Storage Facility Fetches $23.1 Million

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The facility was completed in the second quarter of 2023 and built on an existing 8.95-acre RV and boat storage facility.

Plaza Advisors Negotiates Sale Of 184,000 SF Shopping Center

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The property was 85 percent leased at the time of sale.

Developer To Convert Former Supermarket Into Office, Add Residential Building

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During the June 20 Kissimmee City Commission meeting, developer TRJCorley LLC asked the city for $147,826 through the Vine Street Community Redevelopment Agency Pioneer Project Incentive Program.

NexPoint Expands Industrial Real Estate Footprint With Acquisition Of Orlando International Business Center

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NexPoint currently owns 1.6 million net rentable square feet of industrial real estate across Texas and Florida and is partnering with Basis Industrial to manage the newly acquired properties.

CBRE Adds Multifamily Team Supporting Central Florida

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The team joins CBRE from Cushman Wakefield.

JLL Secures $77M Construction Loan For Multifamily Project In Daytona Beach

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The borrower, a joint venture between Sovereign Properties and Invest Capital Group, plans to open first units at the garden-style property in October 2024.

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