Coke Florida has completed an $84 million renovation of an Orlando distribution and bottling center. The 180,000-square-foot facility at 3095 Eunice Ave. was completely gutted and rebuilt to support new state-of-the-art equipment. The Orlando Business Journal reports the upgraded facility includes advanced automated warehouse technology designed to improve efficiency, order accuracy and overall service reliability. Coke Florida ... The post Coke Bottler Completes $84M Orlando Warehouse Upgrade appeared first on Connect CRE.

The Landing at Space Coast will be anchored by a grocery store and include restaurants and shops along St. Johns Heritage Parkway.

The sixth-largest Coca-Cola bottler in the United States invested heavily in the Orlando facility as part of its strategy to meet increasing demand in one of Florida's fastest-growing markets while maintaining its $2.1 billion in annual revenue.

The project will feature drive-thru dining and medical offices strategically positioned along a highway that sees 30,000 cars daily, with leasing already underway for spaces ranging from about 1,900 to 4,500 square feet.

Amped Fitness opens its first Brevard County location in Melbourne, joining a wave of fitness expansion across Florida's Space Coast retail market.

A retail plaza project property that is currently in development, with plans to be completed in 2027, has sold for millions.

PEBB Enterprises and Banyan Development completed the sale of the 134,000-square-foot Lowe’s Home Improvement building, including its garden center, at Shoppes at Southern Grove in Port St. Lucie’s master-planned Tradition community. A. Duda & Sons Inc. purchased the property from PEBB and Banyan. The sale price was $10.5 million.  The Lowe’s store opened on June ... The post PEBB, Banyan Sell Off Port St. Lucie Retail Center Asset appeared first on Connect CRE.

CBRE has arranged $30.5 million in acquisition financing for Meridian Business Campus, a 208,456-square-foot, four-building, Class A industrial property located at 16091-16251 Parallel Drive in Fort Myers.  Billy Mork of CBRE Capital Markets’ Debt and Structured Finance team secured a 10-year fixed-rate loan at 5.5% with a partial interest-only period and 30-year amortization on behalf of ... The post Capital Partners Acquires 208K-SF Ft. Myers Warehouse Facility appeared first on Connect CRE.

Aston Martin is partnering with Valor Capital Real Estate Development to build an 18-story, 86-unit condo project at 3411 S. Atlantic Ave. It will be called Aston Martin Residences Daytona Beach Shores. The Orlando Business Journal reports that the brand, most well known for its positioning in James Bond Films is working with Valor to ... The post $250M Aston Martin Condo Project Greenlit in Daytona Beach appeared first on Connect CRE.

CBL Properties, along with Benchmark Group, has closed on the sale of Hammock Landing, a 397,000 square-foot open-air center in West Melbourne, FL, for $78.5 million, including the assumption of the $43.8 million loan. “The sale of Hammock Landing at an 8% cap rate further validates the value within CBL’s open-air portfolio,” commented Stephen D. ... The post CBL Offloads West Melbourne Retail Center for $78.5M appeared first on Connect CRE.

Newport Capital Partners sold West Colonial Oaks, a 161,333-square-foot grocery-anchored retail center, to a Dallas-based family office for $25.1 million. The property is located at 7150 W. Colonial Drive in Orlando, FL.  Colliers’ Brad Peterson and Whitaker Leonhardt represented Newport Capital Partners in the transaction.  The center is anchored by SuperFresh Market, a brand of Key Food Stores, which operates more than 320 locations across ... The post Newport Capital Offloads 161K-SF Orlando Retail Center appeared first on Connect CRE.

The Daytona Beach City Commission approved rezoning 2,760 acres of vacant land for the Avalon Park Daytona Beach planned development. The development will feature 8,818 residential units and 1,091,150 square feet of commercial and non-residential space. The residential units at the new development will consist of a mix of single-family units, townhomes and apartments. The ... The post Daytona Beach Okays Massive Avalon Park Group Development appeared first on Connect CRE.

Atlanta Housing Partners is pitching a $60 million mixed-use development in St. Cloud that would include affordable housing, retail space and a parking garage to the downtown area. The Orlando Business Journal reports the mixed-use project would include 150 affordable housing units across two buildings and 17,643 square feet of ground-floor commercial space. Half the apartments will ... The post Developer Pitching $60M Osceola County Mixed-Use Project appeared first on Connect CRE.

Benderson Development, in collaboration with The Villages, plans to develop Legacy Place, a 700-acre mixed-use development in Central Florida. The project will be situated along three miles of Florida’s Turnpike, near County Road 470 and Central Parkway, and will serve as the southern gateway to The Villages master-planned community. A new 25-acre hospital operated by ... The post Benderson Developing 700-Acre Mixed-Use Project in The Villages appeared first on Connect CRE.

Merrimac Ventures, in partnership with Southern Waters Capital, has secured $62.5 million in construction financing from ACORE CAPITAL to fund the development of Leena Ocala, a 360-unit multifamily community in Ocala, Florida. Located on a 36-acre site at SW 60th Avenue and SW 52nd Street, the project will include 300 garden-style apartments spread across multiple ... The post Merrimac Snags $62.5M Construction Loan for Ocala Apartments appeared first on Connect CRE.