The portfolio is comprised of 20 buildings
The acquisitions total 193,000 square feet.
This is EML Realty Partner’s sixth acquisition in 2022, totaling $35 million in acquisitions this year.
EML Realty Partners owns two other PODS warehouse facilities in Port St. Lucie and Melbourne with institutional equity partner and private REIT Arctrust, totaling five PODS warehouse buildings on the east coast of Florida with a combined square footage of over 200,000 square feet of industrial space.
Stiles has added four new-to-market tenants in the last year at Marketplace at Altamonte, which is now 90% leased.
Kent Cooper, CCIM, a CFCAR past president, was awarded Deal of the Year and 17 other awards were presented.
Infinity Properties is one of Florida’s top buyers for light industrial flex product, acquiring 27 buildings and over $75,000,000 worth of deals in 2021.
The lease marks the Wilmington, Delaware-based aviation parts and distribution company’s first location in Florida.
Senior Associate Stephanie D’Amico handled the leasing for SRG, a division of the full-service real estate development firm, Stiles. The The 38,073-square-foot fitness center is anticipated to open this summer.
Rand says he is excited to help CFCAR grow and is impressed with the power brokers joining him on the 2021 board of directors.
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