Cushman & Wakefield Bolsters Florida Retail Practice With Addition Of Three New Team Members
Two of the team members come from Colliers where they worked together on the Retail Investment Sales team for Central Florida.
Two of the team members come from Colliers where they worked together on the Retail Investment Sales team for Central Florida.
The team joins CBRE from Cushman Wakefield.
More than 155,000 square feet of new office space, tenant renewals and expansions have been signed at the property over the past year.
The Cushman & Wakefield Capital Markets team of Rick Colon, Mike Davis, and Rick Brugge represented Orlando Sportsplex, LLC in the transaction in collaboration with Glen Jaffee, who has also leased the property since 2020 and was retained by new ownership to continue that role.
Cushman & Wakefield’s Glen Jaffee represented the seller and procured the buyer for the off-market transaction.
The site that will be developed into three Class A buildings totaling 777,200 square feet.
Mike Donaldson and Nick Meoli of Cushman & Wakefield represented both the seller and buyer in the transaction.
Totaling 1.33 million square feet, the projects in Groveland and Ocala are both being developed on a speculative basis and will deliver in early 2023.
The properties were 100% leased at the time of sale to Florida-based Richland Capital Holdings.
Both properties were acquired by Eagle Property Capital Investments, LLC.
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