Florida

Peachtree Group Originates $103M Loan for Hilton Miami Beach Convention Center Hotel

by John Nelson March 17, 2026

MIAMI BEACH, FLA. — Atlanta-based Peachtree Group has originated a $103 million bridge loan for the recapitalization and completion of the 289-room Hilton Miami Beach Convention Center Hotel. The development team behind the hotel was not released. The property is a redevelopment of the historic Collins Park Hotel, which is designated by the City of Miami Beach Historic Preservation Board. The hotel is set for completion in May and will sit steps from the Miami Beach Convention Center and two blocks from the Atlantic Ocean. According to the property website, the hotel will offer complimentary Wi-Fi, an onsite concierge, restaurant, bar, outdoor swimming pool and a fitness center. Also adjacent to Miami Beach Convention Center is Grand Hyatt Miami Beach, a 17-story hotel by Terra and Turnberry that will span 800 rooms upon completion.

March 17, 2026

Acquisitions Florida Multifamily Southeast

Ram Acquires 327-Unit Apartment Community in Downtown St. Petersburg, Florida

by John Nelson March 17, 2026

ST. PETERSBURG, FLA. — An affiliate of Ram Realty Partners VII has purchased Beacon 430, a 327-unit apartment community located on a 4.3-acre site in downtown St. Petersburg. The four-story property was delivered in 2014. The seller and sales price were not disclosed. Ram plans to implement a value-add program at Beacon 430 focused on operational enhancements, common area/amenity improvements and select unit interior upgrades.

March 17, 2026

Acquisitions Development Florida Industrial Southeast

TCC Acquires 10 Acres in Metro Tampa, Plans 136,714 SF Speculative Warehouse

by Abby Cox March 16, 2026

THONOTOSASSA, FLA. — Trammell Crow Co. (TCC) has purchased 10 acres of land in Thonotosassa, roughly 14 miles northeast of Tampa. The Dallas-based firm plans to develop a 136,714-square-foot speculative warehouse on the site called New Tampa Commerce Center. Designed by C4 Architecture and constructed by FCL Builders, New Tampa Commerce Center is expected to be delivered in January 2027. The shallow bay warehouse will feature 32-foot clear heights, car parking spaces and immediate access to U.S. Highway 301 and I-75.

March 16, 2026

Acquisitions Florida Retail Southeast

Gazit Horizons Purchases 73,072 SF Sunset West Shopping Center in Miami

by Abby Cox March 16, 2026

MIAMI — Locally based Gazit Horizons has acquired Sunset West Shopping Center, a 73,072-square-foot neighborhood shopping center located at the intersection of Sunset Drive and S.W. 87th Avenue in Miami. The seller and sales price were not disclosed. Situated roughly two miles from Baptist Hospital of Miami, the fully leased center is home to a mix of tenants including Chicken Kitchen, Ole’s Jewelry Avenue, Subway, Chase Bank, The UPS Store, Integrum Medical Group, Arturito’s Pharmacy, Sunset Animal Clinic, Salvatore D. Fine Italian Cuisine, Moderna Smile and Sunset Bakery. A new Aldi grocery store is also expected to open this year at the property.

March 16, 2026

Affordable Housing Development Florida Southeast

Miami-Dade County, Related Urban Open 176-Unit Mixed-Income Community in Little Havana

by Abby Cox March 13, 2026

MIAMI — Miami-Dade County and Related Urban Development Group, the affordable and workforce housing arm of Related Group, has opened the Gallery at Marti Park, a 176-unit mixed-income community located in the Little Havana neighborhood of Miami. Residences are reserved for low-income seniors under the Rental Assistance Demonstration (RAD) program, as well as workforce households earning 80 and 120 percent of the area median income (AMI). The project was developed utilizing a 75-year ground lease with Miami-Dade County. Spanning 12 floors, Gallery at Marti Park offers two-bedroom floorplans ranging in size from 893 to 1,064 square feet, according to Apartments.com. Monthly rental rates begin at $2,995. Amenities include a fitness center, clubhouse, coworking space, package room, outdoor grilling areas, private bike storage, a fourth-level recreational deck and a ground-level senior center that will serve residents and the public. The site also sits adjacent to Joe Moretti Phase 2B, a 96-unit affordable housing project redeveloped by Related Urban in 2022.

March 13, 2026

Acquisitions Florida Georgia Seniors Housing Southeast

Foundry Acquires Five Seniors Housing Communities in Georgia, Florida

by John Nelson March 12, 2026

ORLANDO, FLA. — Foundry Commercial, a commercial real estate services firm, developer and investor based in Orlando, has acquired five seniors housing communities in Georgia and Florida. Totaling 320 units, the portfolio comprises two communities in Warner Robins and Boynton Ridge, Ga., and three communities in Jacksonville, Titusville and Plant City, Fla. Allegro Living Management, an affiliate of Foundry, will operate the portfolio under the Alto brand. Each community features 44 assisted living units and 20 memory care units and has an average vintage age below five years, according to Foundry. Blueprint Healthcare Real Estate Advisors represented the undisclosed seller, a regional development firm, in the transaction. The sales price was also not disclosed.

March 12, 2026

Development Florida Leasing Activity Office Southeast

Benderson Launches Redevelopment of 300,000 SF Downtown Tampa Office Building

by John Nelson March 10, 2026

TAMPA, FLA. — Benderson Development has begun the transformation of 702 North Franklin Street, a 300,000-square-foot office building in downtown Tampa. The nine-story property was formerly the longtime corporate headquarters building for Tampa Electric (TECO) and Peoples Gas. Benderson has tapped CBRE to lease and market the building’s office space, while Benderson will lease the property’s 20,000 square feet of ground-level retail space. The renovations will include extensive work on the building’s façade, including new signage opportunities for future tenants, as well as interior upgrades.

March 10, 2026

Acquisitions Company News Florida Southeast

New State Capital Partners Acquires Vast Coworking Group

by Abby Cox March 9, 2026

NEW ROCHELLE, N.Y. AND WEST PALM BEACH, FLA. — Private equity firm New State Capital Partners has acquired West Palm Beach-based Vast Coworking Group, which operates more than 200 coworking offices across the world, spanning roughly 2.7 million square feet and serving 70,000 members. The coworking company’s brands include VentureX, Office Evolution and the Intelligent Office. Jason Anderson will continue to serve as CEO of Vast. Morgan, Lewis & Bockius LLP was New State Capital’s legal counsel, while Ice Miller LLP and Boxwood Partners represented the seller, United Franchise Group. Additional terms of the transaction were not disclosed. This purchase marks New State Capital’s second major investment from its fourth investment fund.

March 9, 2026

Florida Leasing Activity Mixed-Use Retail Southeast

Zuckerman Signs T.J. Maxx, Ulta Beauty at Mixed-Use Development in Southwest Florida

by Abby Cox March 6, 2026

BONITA SPRINGS, FLA. — The Zuckerman Group has signed leases with two new national retailers at Midtown at Bonita, a 68-acre mixed-use development under construction in Bonita Springs, about 15 miles north of Naples. T.J. Maxx and Ulta Beauty will join the lineup at Midtown at Bonita, bringing the amount of leased retail space to 100,000 square feet. Other committed tenants include Chipotle Mexican Grill, Panera Bread, The Hangry Bison, Club Pilates, Good Vets, Jeff’s Bagel Run, Noire the Nail Bar, Bonita Beach Wine & Spirits, Gelato&Co., LowBrow Pizza & Beer, Mathnasium, a dental office operated by Pacific Dental Services, Cold Stone Creamery, The UPS Store, Mason’s Famous Lobster Rolls and Three Sixteen Cafe, among others. Construction of the development’s retail component broke ground in November, with the first tenants expected to move in this spring. Upon full build-out, Midtown at Bonita will feature a 165-room boutique hotel, a luxury apartment complex and 30 acres of preserved open space, in addition to the shops, restaurants and service retailers.

March 6, 2026

Acquisitions Florida Office Southeast

Banyan Street, Lafayette Street Acquire Harborview Plaza Offices in Tampa for $39.5M

by John Nelson March 5, 2026

TAMPA, FLA. — A partnership between Banyan Street Capital and Lafayette Street Capital has acquired Harborview Plaza, a 6.7-acre, waterfront office complex in Tampa’s Westshore submarket. Atlanta-based Cousins Properties sold the 206,329-square-foot property for $39.5 million. Christian Lee and Sean Kelly of CBRE’s National Office Partners team represented Cousins Properties in the transaction. Amy Julian and Andrew Chilgren of CBRE’s Debt & Structured Finance team arranged acquisition financing for the new owners through Prime Finance. Tom Rappa, Matthew Lee, Max Nathan, Joe Chick and Dale Peterson of CBRE supported the transaction. Banyan Street Capital and Lafayette Street Capital have retained Jim Moler and Deana Beer of JLL to handle the leasing assignment at Harborview Plaza. The new owners plan to make several capital improvements at the office complex, including updated elevators, a new lobby, tenant lounge, café, waterfront outdoor patio and a “third workplace.” Future enhancements will include new wayfinding and building signage.

March 5, 2026

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