The restaurant specializes in unique craft beer styles that have won awards. Mall officials said the new concept represents a shift in strategy toward creating destinations where visitors spend time and build memories, not just shop.

An Apopka land deal is on the rocks after its city commission approved a default on a development agreement.

Fast-growing Viera is emerging as a key driver of Brevard County’s retail, residential and economic expansion.

CAVA and Shake Shack are planning to take over a now-closed Hooters location that is being proposed for demolition.

Dr. Phillips Charities is nearing a 117-acre Eatonville land acquisition that could bring a major mixed-use development to the town, even as legal challenges and community concerns continue to swirl.

The parent company behind Drive Shack reported significant financial losses in its latest earnings report, even as total revenue increased slightly compared to the previous year.

The 397,000-square-foot open-air center in West Melbourne sold for nearly $80 million. It is anchored by HomeGoods, Michaels, Ulta Beauty and Marshalls.

The eight-block Downtown Historic District has the highest possible density zoning, yet many buildings sit vacant or underutilized. The city also plans a tax rebate program to invigorate investment.

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.

L3 Campus and Aureon Partners have obtained a $53.7 million refinancing for the OnShore apartments, a 210-unit/636-bed student housing project near the campus of Embry-Riddle Aeronautical University in Daytona Beach. A Walker & Dunlop Capital Markets Real Estate Finance led by Will Baker, Mike Shropshire, William Shell, and Doug McDaniel coordinated the 7-year, floating-rate loan with a four-year interest-only period provided ... The post Daytona Beach Student Housing Investors Ink $53.7M Refi appeared first on Connect CRE.

Colliers brokered the sale of a five-property office and mixed-use investment portfolio totaling over 294,000 square feet in Melbourne, FL, for a combined $35 million. The seller completed the disposition of the Florida Space Coast Investment Portfolio through a structured sale process.  Joe Rossi and Scott Brenner of Colliers represented the seller in all transactions. ... The post Space Coast Office Portfolio Sells for $35M appeared first on Connect CRE.

Truist Plaza at Church Street Station is now primarily owned by The Wideman Co., which has its headquarters within the building at 333 S. Garland Ave. Orlando Business Journal reports that Wideman Co. was an equity partner with lead developer Lincoln Property Co., which built the 28-story tower in 2019. Wideman Co. bought out Lincoln Property’s stake in ... The post Wideman Takes Control of Orlando Office Tower appeared first on Connect CRE.

MHCommercial Real Estate Fund II (MHC Fund II) and Ocala North Partnership acquired Shoppes at Victoria Square, a 109,000-square-foot anchored retail center located at 1450 N Courtenay Parkway in the heart of Merritt Island, Brevard County, Florida, for $16 million. Isram Real Estate was the seller. Shoppes at Victoria Square is currently 98% leased and ... The post Investor Duo Acquires 109K-SF Brevard County Retail Center appeared first on Connect CRE.