Barrington at Mirror Lake Apts Sold for $74.7M
Cortland Partners purchased the Barrington at Mirror Lake Apartments at 700 Post Lake Pl. in Apopka, FL from TIAA-CREF for $74.65 million, or about $101,000 per unit. The 629,020-square-foot...
View ArticleThe Glenn Sold for $42M
Insula Companies purchased the 396-unit The Glenn apartments at 10801 Heather Ridge Cir. in Orlando, FL for $42 million, or about $106,000 per unit, from Pollack Shores Real Estate Group. The...
View ArticleLongHorn Steakhouse Sold for $6.7M
A local owner acquired the retail building at 8398 Vineland Ave. in Orlando, FL from Darden Restaurants, Inc. for $6.67 million, or about $949 per square foot, in a 1031 Exchange. The seller has...
View ArticleCoStar's People of Note (Feb. 5)
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: New York City,...
View ArticleKissimmee Shopping Center Sold for $10.5M
IMC Property Management & Maintenance acquired the Kissimmee Shopping Center at 2501-2573 Old Vineland Rd. in Kissimmee, FL from SugarOak Realty, Inc. for $10.5 million, or about $81 per square...
View ArticleCoStar's People of Note (Feb. 12)
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Washington D.C.,...
View ArticleTwo Mattress Firms Lease 309,000 SF at Air Commerce Park
Retail chain Mattress Firm and mattress manufacturer Sherwood Bedding have signed leases for 154,700 square feet each for new warehouse distribution spaces. The tenants will occupy side-by-side suites...
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CoStar's People of Note (Feb. 19)
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Atlanta, San...
View ArticlePathmark Transportation Leases 144,000 SF in Groveland
Pathmark Transportation, a transportation solutions and distribution company, signed a six-year lease for 144,000 square feet at 19925 Independence Blvd. in Groveland, FL. The single-story,...
View ArticleDenholtz Pays $7.3M for 100 East Pine
Denholtz Associates, a fully integrated real estate development, investment and management company, acquired the office building at 100 E. Pine St. in Orlando, FL from a private investor for $7.25...
View ArticleRemington College Sells Lake Mary Office for $9.3M
Heathrow Land Holdings acquired the Heathrow 500 office building at 500 International Pkwy. in Lake Mary, FL from Remington College for $9.3 million, or about $123 per square foot. The three-story,...
View ArticleAdler Group Sells Winter Garden Business Park for $8.6M
Bel-Cal Properties, Inc. purchased the Winter Garden Business Park in Winter Garden, FL from Adler Group, Inc. for $8.55 million, or approximately $93 per square foot. The deal totals 92,573 square...
View ArticleOllie’s Bargain Outlet Signs Lease at Leesburg Marketplace
Ollie’s Bargain Outlet signed a 10-year lease for 27,000 square feet at Leesburg Marketplace in Leesburg, FL. Located at 1101-1107 W. North Blvd. in Leesburg, FL, the 80,126-square-foot center has...
View ArticleChristian Ulbrich Named President of JLL
JLL on Tuesday said that Christian Ulbrich, the head of its Europe, Middle East and Africa (EMEA) division, will be elevated to president of the global real estate services provider after the...
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CoStar's People of Note (Feb. 26)
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Chicago, Toronto,...
View ArticleDeLand Plaza Sells for $5.8M
Jay Schippers Realty acquired the DeLand Plaza shopping center and adjacent half-acre outparcel at 328-348 E. New York Ave. in Deland, FL from Procacci Development Corp. for $5.75 million. The...
View ArticleFour Points by Sheraton Studio City Sold for $23M
Hotel Capital LLC sold the Four Points by Sheraton Studio City hotel building at 5905 International Dr. in Orlando, FL to Equity Management Partners, Inc. for $23 milllion, or about $76,000 per key....
View Article$569 Million Florida Portfolio Sale Underscores Keen Investor Appetite for...
Last year set records for investment and M&A activity in the seniors housing sector, and a large joint venture portfolio acquisition by Welltower Inc. and the Canada Pension Plan Investment Board...
View ArticleU.S. Movie Theater Chains Consolidating Almost as Fast as CRE Brokerage Firms
In a bold move to consolidate ownership of U.S. movie theaters, AMC Entertainment announced an agreement to acquire Georgia-based Carmike Cinemas to create the largest movie theater chain in the U.S....
View ArticleCoStar's People of Note (Mar. 4)
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Phoenix / Tucson,...
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