Other Industry News

CBRE’s David Murphy Promoted To Executive VP

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With more than 30 years of commercial real estate experience, Murphy leads CBRE’s top preforming industrial team in Central Florida. CLICK ON THE HEADLINE FOR MORE

Cushman & Wakefield Negotiates $11.2M Sale Of 140-Unit Orlando Multifamily Property

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Mike Donaldson and Nick Meoli with Cushman & Wakefield’s Florida Multifamily Investment Sales Team represented Lohman Apartments out of Ormond Beach, Florida, in the disposition. CLICK ON THE HEADLINE FOR MORE

Developer Quietly Scooping Up Land For $1 Billion Project

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The $1 billion community includes a revenue-generating farm, community gardens, farm-to-table restaurants, 12 miles of trails, edible landscaping and possibly an agriculture-based charter school east of the University of Central Florida on Lake Pickett Road. CLICK ON THE HEADLINE FOR MORE

Orlando Apartment Market Shows Long Runway for Future Growth

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The Orlando MSA has an inventory of approximately 165,000 rental units and about 10,000 units under construction. While that new supply approaches historical high-water marks, the lack of inventory of entry-level, single-family homes and the complexion of the household formation leads us to the conclusion that we are undersupplied in the multifamily space. CLICK ON THE HEADLINE FOR MORE

375,600 SF Distribution Center In Central Florida Changes Hands

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The property was listed for more than $28 million. CLICK ON THE HEADLINE FOR MORE

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