Florida

GTIS Partners Acquires 116 Acres in Tampa to Develop 4Ward Logistics Center

by Abby Cox April 17, 2026

TAMPA, FLA. — New York City-based GTIS Partners has acquired approximately 116 acres in Tampa to develop 4Ward Logistics Center, an industrial development that will span 382,500 square feet across two rear-load distribution buildings. Situated near I-4 in the East Tampa submarket, the site benefits from two nearby interchange access points, providing immediate access to local and regional logistics corridors, as well as direct connectivity to Port Tampa Bay. 4Ward Logistics Center is expected to be delivered in the second half of 2027. JLL will handle leasing and marketing for the project.

April 17, 2026

Acquisitions Florida Industrial Southeast

JLL Arranges Sale of 458,617 SF Office Campus in Jacksonville, Buyer Plans Redevelopment

by Abby Cox April 17, 2026

JACKSONVILLE, FLA. — JLL Capital Markets has arranged the sale of 8000 Baymeadows Way, a 458,617-square-foot office campus located in Jacksonville’s Butler/Baymeadows submarket. Robbie McEwan, Tucker Brooks, Hunter Smith, Jesse Jones and Jesse Shimp of JLL represented the undisclosed seller and procured the buyer, Orlando-based Foundry Commercial. J. Paul Reynolds represented Foundry Commercial in the transaction. The sales price was also not disclosed. 8000 Baymeadows Way spans five buildings and previously served as an office campus. Foundry Commercial plans to redevelop the property.

April 17, 2026

Development Florida Loans Multifamily Southeast

PCCP Provides $92.5M Construction Loan for Multifamily Development in Orlando

by John Nelson April 16, 2026

ORLANDO, FLA. — PCCP LLC has provided a $92.5 million construction loan for Emi on 50, a 336-unit apartment development located at 1840 E. Colonial Drive in Orlando’s Mills 50 neighborhood. The borrower is Terian Development. Set for completion in second-quarter 2028, the nine-story community will offer studio, one-, two- and three-bedroom units averaging 895 square feet in size, with 20 apartments designed as live/work units and 15 planned as two-story townhomes. Amenities will include a fitness center, speakeasy and a café, as well as a rooftop deck with a pickleball court, pool, grilling stations and a Zen garden.

April 16, 2026

Acquisitions Florida Retail Southeast

CBRE Brokers Sale of 96,946 SF Shopping Center in Casselberry, Florida

by John Nelson April 16, 2026

CASSELBERRY, FLA. — CBRE has brokered the sale of Casselberry Square, a 96,946-square-foot shopping center located at the intersection of State Road 436 and Red Bug Lake Road in Casselberry, a suburb of Orlando. The property was fully leased at the time of sale to tenants including Ollie’s Bargain Outlet, Pet Supermarket and Dollar General. Dennis Carson, Casey Rosen, Dan Baker and Michael Etemad of CBRE represented the seller in the transaction, which included two vacant outparcels. Daryl Carter and Emily Brown of Maury L Carter & Associates co-represented the seller. The buyer was an affiliate of Present Equity, a value-add retail and industrial investment firm based in Aventura, Fla.

April 16, 2026

Florida Loans Mixed-Use Office Southeast

CIM Group Provides $154M Loan to Blackstone for Refinancing of MiamiCentral Office Towers

by John Nelson April 14, 2026

MIAMI — Los Angeles-based CIM Group, through its CIM Real Estate Debt Solutions business, has provided a $154 million loan for the refinancing of 2 and 3 MiamiCentral, two adjacent office towers in downtown Miami. Eastdil Secured arranged the financing on behalf of the borrower, Blackstone, which acquired the office towers in 2021. Built in 2018, 2 and 3 MiamiCentral span 17 and 12 stories, respectively, and total approximately 339,000 square feet of commercial space, including a Publix grocery store. Amenities include wellness and fitness facilities, an outdoor roof deck, private work lounges and conferencing space, concierge services, valet parking and secure access to 1,357 structured parking spaces. In addition to owning 2 and 3 MiamiCentral, Blackstone is also an office tenant. The towers anchor MiamiCentral, a mixed-use development adjacent to the MiamiCentral Station transit hub that includes more than 800 luxury residential units, an 18,000-square-foot food hall, a Starbucks and Chick-fil-A.

April 14, 2026

Development Florida Southeast Student Housing

RISE, University of Tampa to Break Ground on 833-Bed Residence Hall Project

by John Nelson April 14, 2026

TAMPA, FLA. — A public-private partnership between RISE and the University of Tampa is set to break ground on an 833-bed residence hall project located at the corner of South Boulevard and Cleveland Street in Tampa. RISE will finance and construct the building, which is scheduled for completion in fall 2028. The university will own and operate the residence hall, with RISE managing building maintenance and custodial services. The development team includes Niles Bolton Associates and Juneau Construction. The 11-story community is designed for first- and second-year students and will offer suite-style units with shared living spaces. Amenities will include study lounges, two common rooms, dining facilities, bicycle storage and surface-level parking. The project will also include improvements to the surrounding infrastructure, such as enhanced pedestrian and cyclist pathways along South Boulevard and an upgraded Hillsborough Transit Authority (HART) bus shelter at Cleveland Street and Fielding Avenue.

April 14, 2026

Acquisitions Florida Loans Multifamily Southeast

MMCC Arranges $3.2M in Acquisition Financing for The Grove Apartments in Marianna, Florida

by Abby Cox April 13, 2026

MARIANNA, FLA. — Marcus & Millichap Capital Corp. (MMCC) has arranged $3.2 million in acquisition financing for The Grove Apartments, a 44-unit multifamily community located in the heart of the Florida Panhandle in Marianna, approximately 65 miles west of Tallahassee. Garrett Fierstein of MMCC secured the five-year loan through a local credit union. The loan carries a 6.12 percent fixed interest rate, 30-year amortization period and a 70 percent loan-to-value ratio. Situated near Chipola College and Florida Caverns State Park, The Grove is fully occupied and features a mix of two- and three-bedroom townhomes with an average size of 1,100 square feet, according to Apartments.com.

April 13, 2026

Affordable Housing Development Florida Loans Southeast

McDowell Housing Breaks Ground on $41.9M Affordable Housing Project in Pensacola, Florida

by Abby Cox April 10, 2026

PENSACOLA, FLA. — McDowell Housing Partners has broken ground on Ekos at Warrington, a 120-unit affordable housing community located in Pensacola near the Naval Air Station (NAS). The community will serve a mix of income levels, with 10 percent of units reserved for extremely low-income (ELI) households at 40 percent of the area median income (AMI), and the remaining 90 percent of units serving households at or below 60 percent AMI. Also, 50 percent of the total units will be set aside for active-duty military members, veterans and their families, including half of the ELI units that will be reserved for veterans experiencing homelessness. Ekos at Warrington is expected to be completed in the third quarter of 2027. Located at 280 Dogwood Drive, Ekos at Warrington will span four, three-story buildings, along with a standalone clubhouse. The project will provide 72 one-bedroom, 36 two-bedroom and 12 three-bedroom units ranging in size from 631 to 1,197 square feet. Amenities will include onsite management and maintenance offices, a ﬁtness center, community room with a kitchenette and game tables, media/business center with a computer lab, as well as a swimming pool, playground, dog park, barbecue area and a gazebo. The project will meet National Green …

April 10, 2026

Acquisitions Florida Industrial Southeast

Kurv Industrial Acquires South Florida Industrial Park for $220M

by John Nelson April 9, 2026

POMPANO BEACH, FLA. — Kurv Industrial, formerly known as Bridge Industrial, has acquired East Pompano Industrial Center, a five-building industrial park in South Florida’s Broward County. The Chicago-based based owner-operator purchased the 818,611-square-foot development from Vancouver-based QuadReal Property Group for $220 million, making the deal the largest industrial acquisition in South Florida this year, according to Kurv. The acquisition is part of the previously announced $789 million joint venture partnership between Kurv and Canada Pension Plan Investment Board (CPP Investments). CBRE National Partners represented the seller in the transaction. East Pompano Industrial Center, which will be rebranded as Kurv Pompano, was 50 percent leased at the time of sale. The park comprises four rear-load facilities with 32-foot clear heights and a low-coverage building delivered in 1993. Kurv plans to invest in speculative office build-outs and energy efficient upgrades at the park during its ownership.

April 9, 2026

Acquisitions Florida Mixed-Use Office Retail Southeast

Foundry Arranges $24.5M Sale of Mixed-Use Building in Winter Garden, Florida

by John Nelson April 9, 2026

WINTER GARDEN, FLA. — Orlando-based Foundry Commercial has brokered the $24.5 million sale of The Exchange, a mixed-use building located at 270 W. Plant St. in downtown Winter Garden, a suburb of Orlando. Delivered in 2021, the 42,800-square-foot property was fully leased to office tenants and retailers at the time of sale. The buyer is James Larweth, a private investor who has actively acquired assets in downtown Winter Garden. Chris DeMartino, Rick Helton, Dale Peterson, Joe Chick and Christine Mansour of Foundry represented the seller, the Keating family, in the transaction. Jay Strates of The Strates Group was the previous leasing agent for The Exchange and assisted the Foundry team in the sale.

April 9, 2026

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