Florida

City of Coral Gables Acquires Downtown Medical Office Building from ShareMD for $24M

by John Nelson November 3, 2026

CORAL GABLES, FLA. — The City of Coral Gables has purchased a medical office building located at 475–495 Biltmore Way in the city’s downtown district for $24 million. ShareMD sold the 53,029-square-foot property, which shares a city block with Coral Gables City Hall and the City’s Planning and Zoning Department. The City of Coral Gables, which now controls the entire block, has retained ShareMD’s property management affiliate, Medicus Asset Management LLC, to continue managing the building for an initial one-year term. Blanca Commercial Real Estate was the leasing agent for the property. In addition to the sale, ShareMD has announced it is rebranding to Parallel Medical Properties effective immediately. The firm owns and operates a 500,000-square-foot portfolio of medical office buildings in Florida and California.

November 3, 2026

Acquisitions Florida Retail Southeast

Colliers Negotiates $14M Sale of Shopping Center in Gulf Breeze, Florida

by John Nelson November 3, 2026

GULF BREEZE, FLA. — Colliers has negotiated the $14 million sale of Live Oak Village, a 107,065-square-foot shopping center located at 1151 Gulf Breeze Parkway in Gulf Breeze, a beach town in Florida’s Panhandle. Brad Peterson and Whitaker Leonhardt of Colliers represented the seller, Exposition Properties, in the transaction. Chris Dozier of Kuebel Realty Co. represented the buyer, Dorsey Development. United Community Bank provided an acquisition loan for the New Orleans-based buyer. Live Oak Village is anchored by a dual-branded Bealls and Home Centric. Bealls has operated at the center for 28 years, and Home Centric joined the tenant roster in 2022. Other tenants include Highpoint Church, YMCA and Dollar General.

November 3, 2026

Acquisitions Florida Hospitality Southeast

Gencom, White Bridge Capital Purchase 652-Room InterContinental Miami Hotel

by John Nelson November 2, 2026

MIAMI — A partnership between Gencom and locally based White Bridge Capital has purchased the InterContinental Miami, a 652-room hotel located at 100 Chopin Plaza in downtown Miami. Strategic Hotels & Resorts sold the hotel. The sales price was not disclosed, but Bloomberg reports it traded for approximately $300 million. The 34-story hotel overlooks the confluence of the Miami River and Biscayne Bay and was recently renovated. The property features 22 suites that range in size from 850 to 2,800 square feet, as well as 90,000 square feet of indoor-outdoor meeting space. Other amenities include a rooftop pool with private cabanas, full-service spa, fitness center, business center, the Club InterContinental Lounge and onsite retail space. InterContinental Miami also houses restaurants including Toro Toro, Bluewater, Starbucks Coffee and Freddy’s Speakeasy.

November 2, 2026

Acquisitions Florida Restaurant Southeast

SRS Negotiates $8.9M Ground Lease Sale of Miami Restaurant Leased to Chick-fil-A

by Abby Cox October 29, 2026

MIAMI — SRS Real Estate Partners has negotiated the $8.9 million ground lease sale of a restaurant property located at 18240 S. Dixie Highway in Miami. Chick-fil-A occupies the 5,399-square-foot property, which was built in 2024, on an absolute triple-net, corporate-guaranteed lease with 13 years remaining on the initial term. Patrick Nutt and William Wamble of SRS represented the seller, a joint venture between Coconut Grove, Fla.-based Berkowitz Development Group and Landsea Development Group, in the transaction. The New York-based buyer requested anonymity.

October 29, 2026

Alabama Florida Industrial Loans Maryland North Carolina Southeast Texas Top Stories

Adler Real Estate Partners Receives $212.8M Refinancing for Sun Belt Industrial Portfolio

by Hayden Spiess October 29, 2026

MIAMI — Adler Real Estate Partners has received a $212.8 million loan for the refinancing of an eight-property industrial portfolio spanning several states in the Southeast and Texas. Together, the properties total 43 buildings and roughly 1.6 million square feet in Alabama, Florida, Maryland, North Carolina and Texas, located in markets including Austin, Dallas-Fort Worth, South Florida, Charlotte, Birmingham and the Baltimore-Washington corridor. The collection includes multi-tenant business parks and light industrial assets. At the time of financing, the properties were leased to more than 115 tenants within 22 industries, including the medical and pharmaceutical, building services, manufacturing, technology, professional services, healthcare and logistics industries. The average tenant tenure across the portfolio is 10.5 years. Melissa Rose, Michael DiCosimo, Jack Britton, Kate Rathman, Nicole Diaz and Magnus Kron of JLL Capital Markets secured the financing on behalf of the borrower. An undisclosed life insurance company provided the loan. Based in Miami, Adler Real Estate Partners specializes in acquiring and operating multi-tenant light industrial properties throughout the United States. This transaction marks the second major recapitalization for the company this year. In July, Adler secured a $343 million refinancing for a portfolio of light industrial assets, including $140 million in equity and …

October 29, 2026

Acquisitions Florida Hospitality Southeast

Hunter Advisors Negotiates Sale of Two-Hotel Portfolio in South Florida

by John Nelson October 28, 2026

BOYNTON BEACH AND WEST PALM BEACH, FLA. — Atlanta-based Hunter Advisors has negotiated the portfolio sale of two hotels in South Florida’s Palm Beach County. The hotels in the 275-room portfolio include the Hampton Inn & Suites Boynton Beach and the Hampton Inn West Palm Beach Florida Turnpike. Brasswater acquired the hotels from an institutional seller. The sales price was not disclosed. Robert Taylor and Sophia Pittaluga of Hunter Advisors brokered the transaction. Hampton Inn & Suites Boynton Beach was built in 1997 and features 134 suites, an outdoor pool, 24-hour fitness center, business center and approximately 1,160 square feet of meeting space across two rooms. Hampton Inn West Palm Beach Florida Turnpike was built in 2001 and features an outdoor pool, 24-hour fitness center, business center and 624 square feet of meeting space.

October 28, 2026

Acquisitions Florida Office Southeast

Grover Corlew Purchases Office Tower in Fort Lauderdale for $69.7M, Plans $20M Overhaul

by John Nelson October 27, 2026

FORT LAUDERDALE, FLA. — Grover Corlew has purchased 200 East Broward, a 21-story, 235,211-square-foot office building in downtown Fort Lauderdale, for $69.7 million. The Boca Raton, Fla.-based firm plans to invest $20 million in capital improvements at the office building over the next two years, including overhauling the elevator bay and main lobby and building an amenity deck with a gym and conference facilities. Hermen Rodriguez and Ike Ojala of JLL represented the undisclosed seller in the transaction. Paul Stasaitis, also with JLL, arranged an undisclosed amount of acquisition financing through BridgeInvest.

October 27, 2026

Acquisitions Florida Industrial Southeast

SRS Arranges $133M Sale of Central Florida Industrial Property Occupied by Sherwin-Williams

by Abby Cox October 23, 2026

WINTER HAVEN, FLA. — SRS Real Estate Partners has arranged the $133 million sale of a 685,000-square-foot, single-tenant industrial property in Winter Haven occupied by Sherwin-Willaims. Situated on nearly 40 acres about 46 miles south of Orlando, the property serves as a major distribution center for Sherwin-Williams, which operates on a corporate-guaranteed triple-net lease with a new long-term extension option. Sherwin-Williams uses the property for the storage and distribution of paint and related products. John Redfield of SRS represented the seller, a New Jersey-based private owner. Matthew Mousavi and Patrick Luther, also with SRS, represented the buyer, an East Coast-based, family-owned company with interests in real estate and agriculture. Both parties requested anonymity. SRS also managed the multi-loan financing strategy for the property. Originally constructed in 1992, the industrial property underwent a significant expansion this year, adding new buildings and office space to enhance the facility’s operational capacity.

October 23, 2026

Acquisitions Florida Office Southeast

JLL Arranges $64M Sale of Office Park in Boca Raton, Florida

by John Nelson October 22, 2026

BOCA RATON, FLA. — JLL has arranged the $64 million sale of North 40, a 354,376-square-foot office park in Boca Raton. Related Ross purchased the two-building office campus from Mainstreet Capital Partners and Partners Group. Hermen Rodriguez, Matt McCormack, Ike Ojala, Patrick Salata, Blake Koletic and Hunter Smith of JLL represented the sellers in the transaction. Situated on 23.1 acres near I-95 and a Tri-Rail commuter station, North 40 was 74 percent leased at the time of sale. The property was originally delivered in the mid-1980s and was last renovated in 2025. Earlier this year, Related Ross also purchased Boca Raton Innovation Campus, a nearby office and research-and-development campus spanning 1.7 million square feet.

October 22, 2026

Development Florida Southeast Student Housing

908 Group Breaks Ground on 684-Bed Student Housing Project Near University of Florida

by John Nelson October 20, 2026

GAINESVILLE, FLA. — 908 Group has broken ground on Chapter House UF, a 684-bed student housing development located at 920 S.W. Depot Ave. in Gainesville near the University of Florida campus. The project is being developed in partnership with Batson-Cook Development Co. and an undisclosed, Fortune 100 insurance company. The community will offer 219 units alongside 9,000 square feet of shared amenity space. The development team includes ARCO/Murray, Humphreys & Partners Architects and NV5. Pacific Life provided an undisclosed amount of construction financing. Asset Living has been tapped to manage Chapter House UF upon completion, which is scheduled for summer 2028.

October 20, 2026

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