HALLMARK Awards Returns To Downtown Orlando To Recognize Area’s Highest Commercial Producing Brokers And Honor Developer Craig Ustler
Orlando Mayor Buddy Dyer will participate in the celebration.
Orlando Mayor Buddy Dyer will participate in the celebration.
Massachusetts-based WS Development will assume management of the center and will share ownership with CP VENTURE FIVE – AV LLC, an entity managed by PGIM, which has owned Avenue Viera since 2006, when it purchased the retail asset from Cousins Properties, Inc. for $87.6 million.
M&M’s Scott Gould, Chris Biuso, Rory Shelby and Spencer Koch represented the buyer in the transaction.
The property traded from Northland–an industry-leading real estate private equity firm based out of Massachusetts–to a joint venture comprising New York-based multifamily acquisition Cove Investment Group and Blue Star Equities.
The property is one of the largest vacant land sites positioned within one hour from each of the Orlando and Tampa Central Business Districts.
The buildings are located at 721 Industrial Drive in Wildwood.
The convenience and gas station giant signed a 20-year agreement with Orlando NRG, LLC.
José Lobón, Trey Barry, Frank Fallon, Royce Rose, and Alain Bonvecchio of CBRE Capital Markets represented the seller in the transaction.
The 2023 Florida CCIM Chapter President and President-Elect joined SVN | Saunders Ralston Dantzler’s team of Senior Advisors.
Award entries will be accepted until May 24th and and the process for applying for an award has been streamlined this year. Event sponsorships are also available at a variety of levels.
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