The building is part of Lakeland Central Park, an expanding industrial park off of Polk Parkway.

13th Floor Investments, in partnership with Barings, has secured a $125 million construction loan from a syndicate of Santander Bank and TD Bank to finance the development of CADENCE, a new transit-oriented multifamily project near US-1 and Douglas Road in Miami. Now under construction, the 35-story tower will include 432 market-rate apartments,12.5% of which will be ... The post 13th Floor Lands Funding for Miami Transit-Oriented Project appeared first on Connect CRE.

Branch Properties obtained a $47 million loan to refinance Elevate Navarre, a new 332-unit multifamily community in Navarre. CBRE’s Blake Cohen arranged the three-year fixed-rate, interest-only loan on behalf of the sponsor/ developer. Voya Investment Management provided the loan, which the sponsor will use to refinance its existing construction loan. Located at 1900 Elevate Avenue, the ... The post Navarre Apartment Developer Inks $47M Refi appeared first on Connect CRE.

New Pass Dock & Seawall bought the property previously belonging to SignZoo.

A developer team obtained construction financing for a mixed-use project on leased land in West Palm Beach. Woodfield Development and Flagler Realty & Development were winners of a request for purchase sponsored by the city of West Palm Beach. The South Florida Business Journal reports they agreed to pay $2 million to lease the land. ... The post Developer Duo Obtains $80.6M W. Palm Beach Apartment Financing appeared first on Connect CRE.

CIM Group announced that Miami Worldcenter, a 27-acre, 10-block mixed-use development, is now officially open for business. The $6 billion Miami Worldcenter project features a mix of residential, retail, commercial and hospitality uses developed by master developers Miami Worldcenter Associates, led by Managing Partners Art Falcone and Nitin Motwani, in partnership with CIM Group. Located ... The post Miami’s Worldcenter Announces Official Opening appeared first on Connect CRE.

In the week's top commercial real estate news, a Sarasota dock builder buys a design studio, a fire sale at a Clearwater Beach apartment building, and construction starts at a Lee technical school.

Stafford at Artisan Lakes began leasing this May.

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.

A $50 million cold-storage project in West Jacksonville will join Jacksonville’s refrigerated-freezer warehouse boom. Karis Cold and DSI South broke ground in 2023 on the speculative 265,264-square-foot freezer-cooler warehouse Jacksonville Cold and just recently delivered on the project. It’s on 24 acres at 10105 Pritchard Road in Westlake Industrial Park. The facility has direct access ... The post Cold Storage Hot in Jacksonville appeared first on Connect CRE.

A veteran restaurateur purchased the building on South Tamiami Trail, which spans more than 5,500 square feet.

The manufacturer, which emerged from bankruptcy earlier this year, has returned to its original facility in Osprey.

The post Florida People & Companies, May 23, 2025 appeared first on Connect CRE.

Developer Giuseppe Iadisernia closed on a $112 million construction loan for the development of Oasis East Tower, a 250-unit luxury condominium building located at 1000 E Hallendale Beach Blvd. on the coast of Hallandale Beach, Florida. The project is the last phase of a multi-phase development that will deliver a new district of residences, shops, ... The post Hallandale Beach Developer Closes on $112M Construction Loan appeared first on Connect CRE.

Developers Terra and Turnberry have started work on the Grand Hyatt Miami Beach – an 800-room hotel connected to the Miami Beach Convention Center. The project is backed by $392 million in construction financing from TYKO Capital. The convention center just completed a $640 million renovation. Located at 17th Street and Convention Center Drive, the ... The post Work Begins on Miami Beach Grand Hyatt appeared first on Connect CRE.

A popular beach resort in Pompano Beach has hit the market. Cushman & Wakefield has been retained on an exclusive basis to market for sale the family-owned and operated Beachcomber Resort & Club, a 5.08-acre beachfront redevelopment site located at 1200 S. Ocean Boulevard in Pompano Beach. The hotel has 143 rooms and 300 linear ... The post Pompano Beach Resort Seeking Offers appeared first on Connect CRE.

Hampton Inn Tampa East, a 74-room limited service hotel near Hillsborough Avenue and off of Interstate 4, was fully renovated in 2023.

The county has entered into a contract with Camp Venice LLC to purchase property adjacent to Snook Haven Park.

A $70 million multifamily complex deal in Polk County paces the week in transactions.

In the week's top commercial real estate news, a land company buys a new Lakewood Ranch HQ, questions linger about Foot Locker's St. Pete HQ move, and a new Naples shopping center is full.