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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.
cape canaveral industrial campus_photo courtesy of eml realty partners 1800x600

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.

EML Realty Partners Announces Acquisition Of Two Central Florida Industrial Assets In Partnership With Greenspring Realty Partners

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Eric Levitt, founder of EML Realty Partners, Dan Flamholtz and David Berg, Principals of Greenspring Realty Partners, worked together as partners in Maryland before Eric moved full-time to Florida in 2016.

Other Industry News

750,000 SF Retail Center In West Melbourne Trades For $78.5 Million

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The retail center, home to major national tenants and shadow-anchored by Target and Kohl’s, sold in a deal arranged by Atlantic Capital Partners.

Cushman & Wakefield Represents Sale Of 3.53 Acres In Palm Bay

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The site is being developed into Shops at Palm Bay, a ±14,014-square-foot retail center slated for delivery in Q2 2027.

Orlando Retail Center Sells For $25.1 Million

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Colliers’ Brad Peterson and Whitaker Leonhardt represented the seller, Newport Capital Partners, in the transaction.

710,000 SF Retail Center In Melbourne Trades

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CBRE has been tapped to oversee leasing and property management at the retail property.

Avalon Park Daytona Clears Major Hurdle, Setting Stage For Long-Term Growth West Of I-95

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Daytona Beach has approved a major expansion plan for Avalon Park Daytona, a large-scale mixed-use community that could bring thousands of homes, more than 1 million square feet of commercial space and significant road infrastructure to Volusia County over the next two decades.

11North Partners Buys Winn-Dixie-Anchored Retail Center Near Orlando

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JLL’s Danny Finkle and Jorge Portela represented the seller in the transaction. According to media reports, Washington Prime Group sold the property for $59.5 million.

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