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Other Industry News

Cushman & Wakefield Closes Sale Of Orlando Office Tower

Banyan Street Capital, a Miami-based private equity firm focused on acquiring and operating office properties, purchased the property in a joint venture with a fund managed by DRA Advisors.
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Melbourne Professional Buildings Fetch $1.705 Million

The two side-by-side brick and stucco multi-tenant buildings total 13,690 square feet.
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Limestone Asset Management Closes on Two Outparcels Around Orlando’s Mall At Millenia For $10.4 Million

One outparcel includes a 5,530-square-foot AT&T store, located at 4006 Conroy Road. The second outparcel includes a 5,045-square-foot Panera Bread and a 3,500-square-foot Shake Shack, located at 4060 Conroy Road.
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JLL Secures Lease for Orlando Magic’s Corporate Office in Downtown Orlando

The Magic will initially take over a full floor at the CNL Center II, with the option to expand into a total of 36,727 square feet of office space on two floors within the building.
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Berkadia Arranges $38.25M Construction Loan For Logistics Center In Lakeland

The financing for the initial phase will encompass the construction of 700,000 rentable square feet of logistics warehouse space, as well as the infrastructure costs for up to 2 million rentable square feet.
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IPA Arranges $55M Sale Of Altamonte Springs MF Property

Shelton Granade, Luke Wickham and Justin Basquill of IPA represented the seller, Lighthouse Group, in the transaction.
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