Creation announced two deals in Tampa totaling nearly $135 million in total project value, alongside the opening of its new East Coast office in the city’s Hyde Park Historic District. One of the two deals — the acquisition of 5301 and 5319 W. Idlewild Avenue — was completed in partnership with Clarion Partners. The 20-acre site, ... The post Creation Closes Tampa Deals Worth $135M appeared first on Connect CRE.

Miami Design District Associates, Hunter Pasteur and The Forbes Company closed on a $125 million construction loan to build a 107-unit apartment project in Miami’s Design District. Called Cassi, the 20-story project includes 161,444 rentable square feet of residential space across a mix of units, averaging 1,509 square feet. Unit types range from one to ... The post Development Team Inks $125M Construction Loan for Miami Rental Community appeared first on Connect CRE.

EōS Fitness plans to open its first Manatee County location in former Big Lots store.

The retailer bought 137 acres across Florida as part of an "aggressive expansion strategy," according to a statement.

Morgan Stanley Investment Management and The Scion Group jointly acquired a portfolio of student housing communities in Oxford, Mississippi, for a combined investment of $262 million. TSB Capital Advisors represented the new joint venture in arranging financing for the acquisitions. The portfolio is located within two miles of the University of Mississippi campus and comprises ... The post Joint Venture Pays $262M for Oxford Student Housing Assets appeared first on Connect CRE.

AJC Partners, a private family office, acquired a 150,000 square foot office property located at 5201 Gate Parkway in Jacksonville, FL. Built in 2006 and situated on 13 acres, the property is fully occupied by Deutsche Bank, which is on a long-term, corporate-guaranteed lease. SRS’s Jeff Gates represented the undisclosed seller. “This asset’s combination of ... The post AJC Partners Picks Up 150K-SF Jax Office Asset appeared first on Connect CRE.

The building that housed Faicco's Sandwich Shop on Webber Street is for sale.

Kadima Developers announced that its newest development, Seven Park, has secured city approvals and entitlements. The $70 million, mixed-use project is located at 218-220 SE Seventh Street, ideally between Hallandale Beach and Aventura. Seven Park will feature 121 residences and four new ground-floor retail spaces totaling 4,500 square feet. The eight-story, 200,000-square-foot development will be ... The post Hallandale Beach Okays $70M Condo Project appeared first on Connect CRE.

Argyle Real Estate Capital acquired a Jacksonville apartment complex from WRH Realty. Argyle obtained a $31.3 million Freddie Mac-backed loan with a 10-year term, floating rate and 7-year interest-only. Matt Robbins, Mitch Sinberg, Brad Williamson, Scott Wadler, and Hugo Hernandez of Berkadia Boca Raton and Miami lined up financing for the buyers. Berkadia’s Greg Rainey led ... The post Argyle Picks Up 289-Unit Jacksonville Rental Community appeared first on Connect CRE.

The Richmond REIT, which owns a hotel next door, plans to renovate the Brandon property.

Two shopping center deals for nearly $50M in Hillsborough lead the week in transactions.

In the week's top commercial real estate news, a national gym chain is coming to Bradenton, a Brandon hotel is sold, and an industrial development is completed in Fort Myers.

A builder in Sarasota is moving to the ground floor of the hotel.

Built in 1922, the property has been completely renovated, according to American Property Group of Sarasota.

An affiliate of Swire Properties sold a property in the Brickell neighborhood of Miami for $7.5 million to a developer working on plans for a condo and hotel tower. Swire Properties sold 0.34 acres at 150 and 158 S.W. 7th St. to Habitat Group. The property currently has a 4,560-square-foot industrial building constructed in 1979 ... The post Miami Developer Exploring Co-Owner Condo Model appeared first on Connect CRE.

Durhamite SouthCourt, a newly rebranded Class-A office building in Durham, is underway with extensive renovations, including changes to the amenity selection, interior design and layout. The 139,000-square-foot building, formerly known as SouthCourt, was recently acquired by Durhamite. The company expects to spend $1.5 million on the makeover. JLL Managing Director Dennis Hurley leads leasing efforts ... The post Durham Offices Slated for Major Makeover appeared first on Connect CRE.

Simon Property Group paid $23 million for the former Sears building at the Town Center at Boca Raton mall. Seritage, the group selling all of the former Sears properties, sold the 180,029-square-foot department store shell. The store had been shuttered since 2018. The South Florida Business Journal reports that Sears was built on the 18.6-acre site on ... The post Simon Buys Former Boca Raton Sears Store appeared first on Connect CRE.

The post Florida People & Companies, June 13, 2025 appeared first on Connect CRE.

The Carrabba’s Italian Grill, which has a long-term lease, is reportedly one of the chain’s top performers.

The new buyer plans to convert 50 of the 104 units in the community into condos.