Wednesday, June 10, 2026
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AcquisitionsFloridaIndustrialSoutheast

CBRE Brokers $34M Sale of Industrial Portfolio in Palm Beach County

by John Nelson

RIVIERA BEACH, FLA. — CBRE has arranged the $34 million sale of a 180,050-square-foot industrial portfolio in Riviera Beach, a city in South Florida’s Palm Beach County. The portfolio includes two buildings that are located at 1701 Australian Ave. and 2001 Australian Ave. The 1701 building, which spans 69,500 square feet, was fully leased at the time of sale to a single tenant, while the 2001 building totals 111,000 square feet. Both buildings include 28-foot clear heights, dock and ramp loading, rail service and yard space. The buyer, an entity doing business as SL Acquisitions LLC, plans to renovate both properties. Robert Smith and Kirk Nelson of CBRE represented the buyer, which is retaining the duo to lease the property. The seller was an entity doing business as RLIF Riviera Beach SPE.

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AcquisitionsFloridaIndustrialSoutheast

Dalfen Industrial Acquires 419,253 SF Portfolio in South Florida

by John Nelson

FORT LAUDERDALE, FLA. — Dalfen Industrial has acquired a nine-building industrial portfolio in South Florida’s Broward County totaling 419,253 square feet. The Dallas-based investment and development firm purchased the properties at 55 percent replacement cost. The portfolio was 83 percent leased at the time of sale to tenants including FedEx, Event Service Group Realestate LLC, Chromalloy Material Solutions LLC and Commercial Distribution Specialists Inc. The properties offer direct access to I- 95 and the Florida Turnpike, as well as proximity to Port Everglades and Fort Lauderdale-Hollywood International Airport. The seller and sales price were not disclosed.

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DevelopmentFloridaMixed-UseSoutheast

Sunbeam, Stiles Begin Construction on $1B Waterfront Mixed-Use Development in Broward County

by Abby Cox

MIRAMAR, FLA. — Private real estate development and management company Sunbeam and Fort Lauderdale-based developer Stiles have broken ground on Miramar Cove, a $1 billion, waterfront mixed-use development in Miramar, a city in South Florida’s Broward County. Miramar Cove is slated to open in the fourth quarter of 2028. At full build-out, Miramar Cove will deliver 2,874 contemporary-style homes; 400,000 square feet of retail space with a 35,000-square-foot grocer; 125,000 square feet of office space; and a 185-room hotel. A 5.5-acre water basin will serve as the heart of the property, along with dining, entertainment and gathering spaces that will be programmed for daily and evening activation. The development will also include a public entertainment district and a beach club exclusive for Miramar Cove residents. In addition, Miramar Cove will offer five miles of walking paths connecting the entire site, complemented by Founders Park’s 10-acre green space and The Estuary’s 25 acres of natural trails. The 125-acre property sits adjacent to Sunbeam’s Miramar Park of Commerce, a 5 million-square-foot corporate campus.

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FloridaLoansNorth CarolinaSouth CarolinaSoutheastWalker & Dunlop

Walker & Dunlop Arranges $223M in Bridge Financing for Southeast Multifamily Portfolio

by Abby Cox

BETHESDA, MD. — Walker & Dunlop has arranged $223 million in bridge financing for five multifamily properties in North Carolina, South Carolina and Florida totaling 1,345 units. Walker Layne, Austin Sneed and Tyler Evenson of Walker & Dunlop secured the loans through multiple undisclosed debt funds. The borrower was Madison Capital Group. The portfolio includes:

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FloridaLoansSeniors HousingSoutheast

Blueprint Arranges Refinancing for 100-Unit Seniors Housing Community in South Florida

by John Nelson

NORTH PALM BEACH, FLA. — Blueprint Capital Markets has arranged the refinancing of an assisted living and memory care community located in North Palm Beach in South Florida. Alta Senior Living is the borrower. The property totals 100 units and recently underwent a capital expenditure, operational turnaround and lease-up process. The undisclosed lender has provided a non-recourse bridge-to-HUD loan for an undisclosed amount. Kristen Ahrens, Pat Maloney and Ben Firestone of Blueprint secured the loan on behalf of Alta Senior Living.

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FloridaLoansMultifamilySoutheast

Berkadia Arranges $82.1M Refinancing for Apartment Community in Nokomis, Florida

by John Nelson

NOKOMIS, FLA. — Berkadia has arranged an $82.1 million loan for the refinancing of Render Legacy Trail, a 450-unit apartment community located at 15560 Render Way in Nokomis, a suburb of Sarasota. Patrick McGlohn, Brian Gould, Hunter Wood, Natalie Hershey and Patrick Cunningham of Berkadia arranged the loan on behalf of the borrowers, Crescent Communities and FCP. Benefit Street Partners provided the three-year loan, which features two one-year extension options. Render Legacy Trail was completed in 2024 and features one-, two- and three-bedroom apartments averaging 934 square feet in size, as well as a saltwater pool, outdoor grilling and dining areas, 24-hour fitness center, coworking spaces, pickleball courts, EV charging stations and direct access to the 18.5-mile Legacy Trail that connects Sarasota to Venice, Fla.

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AcquisitionsFloridaHospitalitySoutheast

Berkadia Brokers Sale of 294-Unit Condominium Hotel in Sunny Isles Beach, Florida 

by John Nelson

SUNNY ISLES BEACH, FLA. — Berkadia has brokered the sale of Solé Miami, A Noble House Resort, a 294-key condominium hotel located in Sunny Isles Beach, about 20 miles north of downtown Miami. The resort features beach access, a pool, fitness center and a steam room. Christian Charre and Paul Wiemer of Berkadia represented the seller, Mast Capital, in the transaction. South Street Partners acquired the property for an undisclosed price.

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AcquisitionsFloridaHealthcareSoutheast

BGO Acquires 41,810 SF Medical Office Building in Metro Tampa

by John Nelson

RIVERVIEW, FLA. — BGO, the institutional investment firm formerly known as BentallGreenOak, has acquired 6606 Simmons Loop Road, a 41,810-square-foot medical office building located in the Tampa suburb of Riverview. The two-story property was fully leased at the time of sale to Women’s Healthcare Enterprises and AdventHealth. CBRE negotiated the transaction on behalf of BGO.

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AcquisitionsFloridaIndustrialNorth CarolinaSouth CarolinaSoutheastTop StoriesVirginia

JLL Arranges $300M Sale of Southeast Industrial Portfolio Net-Leased to FedEx

by John Nelson

ATLANTA — JLL has arranged the $300 million sale of a six-property industrial portfolio located across five Southeastern states. The facilities in the nearly 1.6 million-square-foot portfolio were fully net-leased to FedEx on long-term agreements at the time of sale. Built between 2022 and 2023, the facilities range in size from 251,000 to 337,000 square feet. The properties are located in Punta Gorda, Fla.; Anderson, S.C.; Myrtle Beach, S.C.; Christiansburg, Va.; Bristol, Va.; and Wingate, N.C. PGIM and Miramar Capital sold the portfolio to a confidential buyer. Britton Burdette, Dennis Mitchell, Luis Castillo, Bill Prutting, Jim Freeman, Maggie Dominguez and Bobby Norwood of JLL represented the sellers in the transaction. “The scale and geographic diversification of this portfolio reflect the critical role last-mile distribution plays in today’s logistics landscape,” says Burdette. “PGIM positioned these assets to capitalize on accelerating demand for modern industrial space in markets with strong population growth and consumer spending fundamentals.” PGIM is the global asset management business of Prudential Financial Inc. (NYSE: PRU) and has $1.4 trillion in assets under management as of March 31, 2026, including $217 billion in real estate assets. Miramar Capital is a privately owned real estate investment and development firm specializing in …

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AcquisitionsFloridaRetailSoutheast

Colliers Negotiates $25M Sale of Grocery-Anchored Retail Center in Orlando

by Abby Cox

ORLANDO, FLA. — Colliers has negotiated the sale of West Colonial Oaks, a 161,333-square-foot, grocery-anchored retail center located at the intersection of West Colonial Drive and Hiawassee Road in Orlando. A Dallas-based family office purchased the property for $25 million. Brad Peterson and Whitaker Leonhardt of Colliers represented the seller, Newport Capital Partners, in the transaction. West Colonial Oaks was 95 percent leased at the time of sale to tenants including SuperFresh Market, Ollie’s Bargain Outlet, Family Dollar and Crazy Buffet. In November 2025, Japanese-inspired lifestyle and department store TesoLife signed a long-term lease at the center, in addition to Olive Garden and 7Brew, a drive-thru only coffee chain.

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