CBRE Adds Multifamily Team Supporting Central Florida
The team joins CBRE from Cushman Wakefield.
The team joins CBRE from Cushman Wakefield.
Rian Smith, Kris Courier, and Josh Tarkow with CBRE Industrial & Logistics represented the owner, Leon Ocala Holdings IV, in lease negotiations.
Natalie Castillo and Austin LaPoten with CBRE Hotels represented both the seller and the buyer in the transaction.
The convenience and gas station giant signed a 20-year agreement with Orlando NRG, LLC.
Construction is underway on the first 251,511-square-foot building, the only rear-load warehouse available in the market and the first of up to four buildings planned for the logistics park. Delivery of Building I is expected by the end of 2023 and leasing is underway.
Cabot Jaffee and James Mitchell with CBRE in Orlando will lead retail leasing efforts. Spaces ranging from 3,000 square feet up to 100,000 square feet will be available for occupancy beginning in Q4 2024.
They join CBRE from Marcus & Millichap’s Net Lease group.
Chip Wooten and Jeff Gray of CBRE represented the sellers, Jim Heistand of Parkway Properties and Mark Walsh and Brett Bossung of Silverpeak, in the transaction.
The Orlando office market is finally seeing positive absorption across all major submarkets. An impressive second quarter recorded 122,423 square feet of positive absorption, bringing the total for the first half of the year to 156,778 square feet.
Ron Rogg of CBRE represented TerraCap in the sale transaction.
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