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The Orlando MSA has an inventory of approximately 165,000 rental units and about 10,000 units under construction. While that new supply approaches historical high-water marks, the lack of inventory of entry-level, single-family homes and the complexion of the household formation leads us to the conclusion that we are undersupplied in the multifamily space. CLICK ON THE HEADLINE FOR MORE
The property was listed for more than $28 million. CLICK ON THE HEADLINE FOR MORE
The company will move into the office on Oct. 7. CLICK ON THE HEADLINE FOR MORE
The market’s flexible-space inventory grew to 485,000 sq. ft. by Q2 2019, up 180,000 sq. ft., or approximately 59 percent from a year earlier. CLICK ON THE HEADLINE FOR MORE
Beau Broker, Senior Vice President with Avison Young, handled leasing services at the SunTrust building on behalf of the seller, Simpson Group. He facilitated the sale transaction on behalf of the buyer and will continue leasing the building on behalf of new ownership and long-time client, United Realty. CLICK ON THE HEADLINE FOR MORE
The Cushman & Wakefield Retail Investment Sales Team of Patrick Berman, Jason Donald and Todd Tolbert represented South Shore Corporate Park, LLC in the disposition. CLICK ON THE HEADLINE FOR MORE
The groundbreaking comes after MultiVerse Global completed its purchase of the roughly 170 acres on Aug. 26 for more than $20 million. CLICK ON THE HEADLINE FOR MORE
The three buildings were constructed in 2018 and are net leased to three investment-grade credit tenants. CLICK ON THE HEADLINE FOR MORE
“Franklin Street is actively recruiting additional brokers in our offices in Florida and Georgia as we continue to expand our reach across the Southeast,” said Yvonne Baker, regional managing partner for Franklin Street.
The acquisition in Osceola County represents one of the largest residential land transactions in Central Florida this year. CLICK ON THE HEADLINE FOR MORE
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