Ardent Receives Civic Approval For Redevelopment Of Seminole Towne Center
A key piece of the plan is a 164,585-square-foot Costco that will replace the property’s former Macy’s.
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A key piece of the plan is a 164,585-square-foot Costco that will replace the property’s former Macy’s.
The properties total over 1.3 million square feet.
The newly approved phase would add approximately 185,000 square feet of industrial space.
The sales in Winter Haven, Daytona Beach and Ocoee totaled $28.75 million.
The project would allow for up to 772 residential units, commercial development could total up to 826,224 square feet, and industrial uses could reach as much as 800,000 square feet.
Jaffee is a leading retail specialist with extensive experience in commercial real estate leasing and sales, including strategic site selection, market expansion, disposition planning, and transaction management.
The seller was represented by Jaime Garcia, Founding Partner and Managing Principal of BCA Industrial Partners LLC, while CBRE facilitated the transaction.
The portfolio totals 722,456 square feet and spans multiple Orlando-area submarkets.
Leasing for the project will be led by David Murphy, Monica Wonus, and Gabby Gissy of CBRE.
Cushman & Wakefield’s Mike Davis, Rick Colon, Rick Brugge, and Dominic Montazemi represented EQT Real Estate in its sale of the fully occupied 546,820-square-foot building.
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