Other Industry News

CORE Purchases Orlando Shopping Center For $37.5M

The shopping center is located within the bustling Dr. Phillips retail district.

Altman Joint Venture Secures $16 Million Construction Loan To Build Apex Logistics at Lakeland In Central Florida

Sitework on the new infill logistics warehouse development is expected to commence in the first quarter with plans to go vertical later this fall and a projected substantial completion slated for the first quarter 2026.

Marcus & Millichap Brokers $11.3 Million Sale Of Mixed-Use Retail, Office Property In Central Florida

The 47,418-square-foot, 2 building property features 18 office suites and 10 retail units.

Marcus & Millichap Brokers Sale Of Holiday Inn Melbourne Viera In Brevard County

The sales price was not disclosed but sources close to the deal estimated the price to be approximately $100,000 per room.

Carter Multifamily Acquires Apartment Community In Melbourne For $37.7M

Originally constructed in 2020, Mode at Melbourne encompasses approximately 218,592 rentable square feet and was 94% occupied at the time of the transaction.

Boca Investor Pays $20M For 142K-SF Orlando Industrial Complex

Ronald J. Rogg, CCIM represented the seller in the transaction. The transaction marks Rogg’s 59th flex sale representing over 9.0 million square feet and $1 billion in sales.

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