Crossmarc Services Acquires Grocery-Anchored Shopping Center In Central Florida

CrossMarc Services will handle leasing and management functions for the retail center.

Basis Industrial Purchases Two Central Florida Assets In $75 Million Transaction

The deal was part of a four-commercial-property acquisition in Florida and Texas, as well as the refinance of two of its current commercial properties in Florida.  The complex transaction, which totaled $220 million, closed on November 30.

BWE Secures Financing For Adaptive Reuse Industrial Facility In Fort Pierce

The 362,710-square-foot flex property was formerly Orange Blossom Mall.

$11M Construction Loan Secured For Self-Storage Facility In Melbourne

On July 15, Basis Industrial broke ground on the 126,741-square-foot, state-of-the-art self-storage facility featuring 955 climate-controlled units, advanced security systems, and other amenities.

Franklin Street Announces New Regional Managing Director In Orlando

Williams will oversee and grow the firm’s several business lines in the Orlando market, including insurance, investment sales, capital advisory, leasing, project management and property management.

Apopka Industrial Center Sells For $90.5 Million

The City of Apopka is looking at 2.6 million more square feet of warehouse space in areas around the municipal airport.

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EML Realty Partners Announces Acquisition Of Ferguson Plumbing Supply Warehouse Portfolio In Central Florida

Ferguson Plumbing Supply has been the tenant in both of these buildings since 2006. The purchase price of these buildings, around $50 per square foot, was less than the land value alone.

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Register Today For A CFCAR Webinar: New Laws Affecting Commercial Real Estate

Discussion topics will include the Live Local Act, Real Property Fraud and Foreign Interests In Real Property, presented by Attorney Kathleen Hugo, Attorney Anna Long and Senior Commercial Underwriting Counsel Alan McCall.

Orlando’s Industrial Rents Continue To Rise As Vacancies Shrink

Average triple-net lease rents have reached $10.77 per square foot, representing a 62.9% increase since 2019.

Work Begins On 80,000 SF Build-To-Suit Industrial Warehouse In Orlando

Located at 2140 North John Young Parkway, the industrial site spans 3.53 acres with convenient access to the area’s major highways: I-4 and 408 Expressway. The tilt wall structure is scheduled to be delivered in the first half of 2024.