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Other Industry News

Grocery-Anchored Shopping Center In Lakeland Sells For $9.2M

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Drew A. Kristol and Kirk D. Olson, investment specialists in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller, Miami-based CF Properties.
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1975-Built Orlando Apartments Sell For $51.2M

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The property traded above its initial pricing guidance, reinforcing an unyielding investor appetite for Central Florida multifamily.
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Five-Building Ocala Industrial Portfolio Trades

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The buildings, built between 1968 and 1978, were sold after an intense bidding war at a notably strong cap rate, especially for older industrial assets, indicating that investor appetite is increasing in Florida’s secondary and tertiary markets.
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Stonemont Unveils Plans For Two Massive Distribution Centers In Central Florida

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Totaling 1.33 million square feet, the projects in Groveland and Ocala are both being developed on a speculative basis and will deliver in early 2023.
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CBRE Self Storage Advisory Group Announces Sale Of Two Self Storage Properties In Central Florida For $58.25 Million

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The two sites about 92 percent occupied.
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Transwestern, Acento Sell 214,000 SF Small-Bay Industrial Portfolio

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The properties were 100% leased at the time of sale to Florida-based Richland Capital Holdings.
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