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09/20/2018
Lakeland, Florida’s Industrial Market Is Red-Hot Amid Rising Construction Starts
In early 2018, a joint venture between Blue Steel and PCCP broke ground on Key Logistics Center Building 100 without any tenants in place. Lakeland, Florida’s industrial market is in the midst of a construction boom, with nearly 3.5 million square feet...

09/11/2018
Los Angeles Investor Boosts Florida Multifamily Portfolio to $500 Million with Latest Buy
One of the fastest growing apartment operators in the country closed on its latest apartment building in suburban Orlando, Florida, as the company's investment in the state reaches half a billion dollars. TruAmerica Multifamily, of Los Angeles, paid...

09/11/2018
Sears to Sell Three Florida Stores, Distribution Center
The Sears store in Daytona Beach, Florida, is one of three being listed for sale. Sears Holdings is unloading 2.35 million square feet of real estate across Florida, including the state's largest industrial building, as the struggling national retail...

09/10/2018
McCraney Property, Tavistock to Develop 1.3 Million SF of Light Distribution Facilities at Infinity Park
A rendering for one of the proposed distribution facilities to be built within the 206-acre Infinity Park.Private development firm McCraney Property Co. is teaming up with locally based Tavistock Development Co. to develop up to 1.26 million square feet...

09/06/2018
Why Brookfield Embraces Airbnb: It Wants $1 of Every $4 in Rent Tenants Earn
The Olmsted apartments in Nashville, Tennessee, purchased by Newgard Development Group last month and rebranded as an Airbnb rental building. Some landlords across the U.S. and Canada may discourage tenants from subletting on Airbnb. But not Toronto...

08/27/2018
Entertainment Center Chain Inks 24,000 SF Deal in Kissimmee
Davie, Florida-based entertainment center chain Game Time signed a 24,010-square-foot lease within The Shoppes at Rolling Oaks in Kissimmee, Florida. Located at 3201 Rolling Oaks Blvd., the 200,000-square-foot retail center was built in 2013. The Shoppes...

08/24/2018
Medical, Educational and Religious Uses Fortify Southeastern Shopping Centers
Alex Munoz, managing director with Atlanta-based retail real estate firm, The Shopping Center Group. Courtesy: The Shopping Center Group.On the eve of the International Council of Shopping Centers' Florida conference, an expert who oversees 360 properties...

08/22/2018
Lowe’s to Close All 99 Orchard Hardware Stores
Lowe's will close all Orchard Supply Hardware stores by the end of February. Lowe’s Cos. said it will close all Orchard Supply Hardware stores nationwide in the wake of stagnant sales as the retailer embarks on a review of its real estate portfolio...

08/20/2018
SunTrust Center’s Large Block Availability Offers Rare Opportunity for Corporate Relocation
Once SunTrust Bank completes its expected 2019 relocation from its long-time home in downtown Orlando, Florida, to the under-construction Church Street Plaza, it will leave behind something that has been rarely seen this cycle -- a large block of 4- or...

08/14/2018
McDonald's Outlines $6 Billion National Plan to Build, Renovate Restaurants
By: Paul Owers and Linda Moss McDonald’s Corp. is using its substantial real estate holdings across the United States to fend off competitors eating into its bottom line. The fast-food chain is outlining its spending plans for new dining rooms and...

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