Legacy Realty Negotiates $46M Sale Of Grocery-Anchored Shopping Center
Jacob Baruch, Daniel Baruch and Jonah Warshaw of Legacy Realty represented both the buyer and seller in the transaction.
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Jacob Baruch, Daniel Baruch and Jonah Warshaw of Legacy Realty represented both the buyer and seller in the transaction.
They join CBRE from Marcus & Millichap’s Net Lease group.
This year, commercial space companies are invited to submit applications for Space Florida’s Space Transportation Infrastructure Matching Fund – requiring a private match of 50% or greater – to help meet current and future commercial and public sector space transportation needs.
The development will take place over five phases and several years and is projected to have a completion value of approximately $1 billion. Groundbreaking is slated to begin in 2024.
TerraCap purchased the asset in October 2020 for $24,000,000.
The Cushman & Wakefield Capital Markets team of Rick Colon, Mike Davis, and Rick Brugge represented Orlando Sportsplex, LLC in the transaction in collaboration with Glen Jaffee, who has also leased the property since 2020 and was retained by new ownership to continue that role.
Newmark’s Executive Managing Director Scott Ramey, Senior Managing Director Ryan Moody, Vice Chairman Patrick Dufour, Directors Brad Downing and Andrew Visnick and Associate Paul Grant were the sole brokers involved in the sale transaction.
Saunders, a national expert in conservation, has secured the future of 3,600 acres rich in biodiversity and necessary habitats for some of Florida’s most beloved wildlife.
The firm has appointed Rafael Mendez, CCIM, to lead the new office expansion.
The acquisitions total 254,000 square feet.
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