The national office-vacancy rate hit a new record high in the second quarter.

A new townhome development on Baldwin Park's outskirts promises to offer a fresh take on urban living in this sought-after Orlando locale.

A Windermere-area shopping center has changed hands, marking a significant return on investment for its high-profile developers.

Chuck Whittall's latest land acquisition near his O-Town West project sets the stage for a groundbreaking luxury apartment complex. Here's what to know.

A major hotel project in downtown Melbourne hangs in the balance as city leaders consider a multimillion-dollar request for public funding.

A growing Clermont mixed-use project could soon add hundreds of hotel rooms. Here's what to know.

Country clubs are investing millions in a new type of golf course. Here's why.

The proposed redevelopment would transform property along West Colonial Drive into a multi-building complex. Here's what's planned.

A family-owned local diner chain is expanding into a new Orlando district, investing significantly in renovations to create a welcoming community gathering spot.

The City of Kissimmee commissioners chose Skyview Cos. and Azure Hotel International to build downtown hotels. These would be the downtown area’s first major hotels. Azure Hotel International Inc. will build a 200-room hotel with 12,500 square feet of meeting space and a 25,000-square-foot new convention center at 201 E. Dakin St. in a $149 ... The post Kissimmee Moving Forward on Convention Center Hotels appeared first on Connect CRE.

Port Canaveral is set to expand Terminal 5 with a $69 million renovation to accommodate larger cruise ships and growing passenger volumes. The project will expand the existing 90,000-square-foot terminal to 170,000 square feet. Terminal 5’s expansion will include expanded security screening, a new VIP area, an expanded luggage area, a relocated federal inspection station ... The post Port Canaveral Expanding Cruise Terminal appeared first on Connect CRE.

Scannell unloaded a 990,670-square-foot warehouse in Groveland, a town outside Orlando. An entity traced to Goldman Sachs paid $97.5 million for the property at 19800 S. Obrien Road. The industrial building, on an 89-acre site, was built in 2023. It’s currently a Wesco shipping and receiving facility. The Orlando Business Journal reports that the industrial property is ... The post Goldman Sachs Affiliate Pays $97.5M for Immense Lake County Warehouse appeared first on Connect CRE.

TruAmerica and Oaktree Capital Management have obtained a $255.3 million refinancing of apartment properties in Tampa and two in Orlando. A fourth development in the portfolio is in Scottsdale. JLL worked on behalf of the borrowers in arranging the five-year, floating-rate loan through a national bank. The final terms included a competitive spread, full term interest ... The post JLL Arranges Refi for 3 Florida Apartment Assets appeared first on Connect CRE.

Parkway and Silverpeak Real Estate Partners sold LCP 200, a 705,000-square-foot industrial building at Lakeland Central Park, for $70.5 million. LCP 200, located in the Lakeland Central Park along Polk Parkway in Lakeland, Florida, was acquired by Ashley Furniture.  Cushman & Wakefield’s Jared Bonshire, David Perez, Taylor Zambito, Ryan Hubbard, Lisa Ross and Trey Carswell ... The post JV Sells Off 705K-SF Lakeland Warehouse for $70.5M appeared first on Connect CRE.

A 37,000-square-foot Boynton Beach retail center sold for $16.3 million. Janoura Realty was the seller, and Phillips Edison & Co. (PECO) was the buyer. The South Florida Business Journal reports that The Cross Creek Center last sold for $5.5 million in 2005. It was built on the 4.5-acre site in 1988 and renovated in 2014. ... The post Boynton Beach Retail Center Trades for $16.3M appeared first on Connect CRE.

The new hospital, to be built in Orlando, will consist of a 14-story, 595,000-square-foot patient and surgical tower with 440 patient beds and 24 operating rooms. The Orlando Business Journal reports that AdventHealth will spend $660 million on the initial phase, which includes 120 beds, eight operating rooms and space for services like sterile processing ... The post AdventHealth Building $660M Orlando Hospital appeared first on Connect CRE.

The Sands of Treasure Island will soon meet the wrecking ball. A series of storms doomed the structure, built in 1947. The iconic hotel, which was bought by Impact Properties in 2017 for $5.25 million, is slated to be demolished within the month. The Tampa Bay Business Journal reports that while Impact has not publicly ... The post Treasure Island Hotel to Be Razed, Repositioned appeared first on Connect CRE.

Commercial Street Partners has obtained financing for a recently completed 576-bed housing venture near the University of Tampa campus. The $97.4 million refinancing is for the project at 311 N. Newport Ave, which is a half-mile from the campus. Commercial Edge reports that MF1/Limekiln Real Estate Investment Management provided the three-year, floating-rate loan. The property is ... The post Investor Lands Financing for Tampa Student Housing appeared first on Connect CRE.

NVGTN has sold its Trinity, Florida, warehouse, but has agreed to sign a long-term lease to stay put. Cushman & Wakefield represented the lifestyle activewear brand in the $22.5 million sale/leaseback of Trinity Commerce Center in Trinity, near Tampa, to Greek Real Estate Partners. Greek Real Estate Partners Alex Motiuk added, “Florida’s powerful growth trends align ... The post NVGTN Sells, Leases Back Trinity Warehouse appeared first on Connect CRE.