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Olympus Property Acquires Hawthorne Apts. in Deerwood
Olympus Property, a multifamily investor headquartered in Fort Worth, TX, acquired the 239-unit Hawthorne Apartments in the Deerwood development in Jacksonville, FL for an undisclosed price. The Fort Worth-based firm purchased the multifamily complex...

Publix Pays $12.6 Million for 61,000-SF Shoppes at Mission Trace in St. Augustine
Lakeland, FL-based supermarket chain Publix added another store location to its real estate portfolio. This time, the company purchased the Shoppes at Mission Trace in St. Augustine, FL. Publix acquired the 61,000-square-foot retail center, where the...

The District Project Lands Massive Incentive Package
Rendering courtesy of Elkus Manfredi Architects. With a booming economy and flush city government coffers, Jacksonville’s City Council approved an $82 million incentive package to jumpstart infrastructure at the long-awaited District development. Encompassing...

Tricon Launches $2 Billion Joint Venture to Buy U.S. Homes
Pictured: Tricon American Homes' headquarters in Orange County, CA.Toronto-based Tricon Capital Group Inc. said it has signed up one of the world's largest sovereign wealth funds and a similar level state pension plan in the United States for a new fund...

Greenfield Partners Lines Up CMBS Financing for Office, Industrial Portfolio
Pictured: 307 International Circle in Hunt Valley, MD, one of a portfolio Greenfield Partners acquired in 2014. Greenfield Partners, a private equity real estate firm based in Westport, Connecticut, has lined up refinancing for a portfolio of 69 office...

Baltimore-Based Investor Acquires Regency Plaza for $11 Million
America’s Realty LLC, an investment shop headquartered in the Baltimore area, acquired the 205,696-square-foot Regency Plaza retail center in Jacksonville, FL from DLC Management Corp. for $10.8 million, or about $53 per square foot. The single-story...

Capital Square 1031 Acquires 45,000-SF Dream Finders Homes HQ
Credit: NAI Hallmark Glen Allen, VA-based Capital Square 1031 acquired the 45,000-square-foot Dream Finders Homes headquarters in Jacksonville, FL from a private investor taking title as DFH Office LLC for an undisclosed price. The three-story office...

Real Capital Solutions Closes On $47.8 Million Deal for 1.7 Million-SF Distribution Center
Credit: Cushman & Wakefield Real Capital Solutions, an investor based in Louisville, CO, acquired the 1.7 million-square-foot One Imeson Distribution Center in Jacksonville, FL, one of the largest existing buildings in the area. The Louisville, CO...

Jacksonville Continues to Notch Mega-Deals
Pictured: the 458-unit Miramar apartment complex in Jacksonville, FL, one of six communities acquired by Addison, TX-based investor S2 Capital. Jacksonville, FL has emerged as one of the nation's hottest multifamily investment markets this year, thanks...

National Apartment Rent Growth Remains Strong
Landlords continue to benefit from booming apartment demand, as U.S. apartment rent growth averaged 2.9 percent between May of 2017 and 2018. While landlords haven’t been able to push rents like it’s 2015 anymore, the country is eight years into this...

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