According to Hillsborough County records, the office building off I-75 was bought at a deep discount, millions below the previous sale and the assessed value.

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.

McLeod Land Services is relocating to Corporate Park off University Parkway.

Trinity Community Development Foundation (TCDF), owned by Trinity Broadcasting Network, has obtained $134 million in tax-exempt bond financing for Millenia Moments Orlando, a 261-unit seniors housing community to be built in Orlando. JLL Securities and HJ Sims, in collaboration with JLL Capital Markets’ Seniors Housing team, secured the fixed-rate financing with a final maturity of ... The post Orlando Sr. Housing Developer Closes on $134M Bond Financing appeared first on Connect CRE.

Staff is proposing to move the administration building to Lakewood Ranch.

S2 Capital paid $97 million for Amberly Place, a 1989-vintage, 770-unit, garden-style multifamily apartment community in Tampa. The seller, Providence Real Estate, last paid $63.4 million for the property in 2013. The property was acquired off-market through a deal arranged by Shelton Granade of commercial real estate brokerage firm Institutional Property Advisors (IPA). IPA’s Harry Krieger assisted S2 in securing ... The post S2 Acquires “Vintage” 770-Unit Tampa Apartment Property appeared first on Connect CRE.

The Retreat at Sunset Walk apartments at 8050 Fins Up Circle in Kissimmee sold for $88.5 million. The Orlando Business Journal reports that an affiliate of Montage Capital was the buyer. Falcone Group sold the 352-unit property. The Retreat at Sunset Walk was built in 2022 on nearly 18 acres. The complex consists of four-story buildings with ... The post Kissimmee Rental Community Sells for $88.5M appeared first on Connect CRE.

In the week's top commercial real estate news, affordable housing units are coming to North Port, Tampa issues RFPs to redevelop a portion of its downtown, and a replica of the Oval office can be yours.

Aldi is preparing to open new stores in the Orlando area, stores that will go in where Winn-Dixie and Harveys Supermarkets used to be. Last year, the company bought the two chains and will spend $9 billion throughout the country converting the stores to the Aldi brand. 13 of the new stores will be in Florida, ... The post Aldi Opening Three Orlando-Area Stores appeared first on Connect CRE.

Momentum Real Estate Partners picked up Amelia at Westshore in Tampa for a second time. The company paid $73 million for the property at 6608 S. Westshore Blvd. The Tampa Bay Business Journal reports the seller, Rockwell Property, paid $90 million for the apartment complex in 2022. Rockwell had secured a $73 million mortgage for ... The post Tampa Apartments Sell at a Loss appeared first on Connect CRE.

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The mix of amenities in apartment communities changes with the newest trend. The new must-have amenity is a pickleball court. Vista Residential Partners recently broke ground on a four-story apartment complex in Palm Beach Gardens that will have two courts. Besides the pickleball courts, amenities in Gardens Vista will include a pool, a fitness center, ... The post Construction Launched for 221 Palm Beach Gardens Apartments appeared first on Connect CRE.

When complete, the development in North Port will include 202 affordable housing units.

Hamilton Point Investments acquired Retreat at 42nd, a 268-unit apartment complex in Ocala, and Legends at Pine Forest, a 170-unit apartment community in Pensacola, Florida. SCorUSA owned and sold both. The Ocala property sold for $50 million. Cole Whitaker, David Etchison, and Mary Beale of Berkadia Central & North Florida led the transaction on behalf ... The post Berkadia Helps Sell Ocala, Pensacola Apartments appeared first on Connect CRE.

TM Real Estate has built two apartment developments near what used to be an American Express campus in Plantation. Now, it’s building a third. The site will be on 4.3 acres at 8490 Cleary Blvd., on the corner of Pine Island Road. The S. Florida Business Journal reports the developer filed a plan for Shalimar ... The post TM Seeking 3rd Plantation Apartment Venture appeared first on Connect CRE.

Funding for A Kid’s Place of Tampa Bay's new building comes from an $8 million fundraising campaign.

The loan provides financing for an 800-unit storage facility.

Nearly $50 million in health care site deals in Charlotte County lead the week in transactions.

In the week's top commercial real estate news, a car wash chain is opening its inaugural location in Pasco, the foundation is in on a Sarasota tower, and needed affordable housing is heading to SWFL.

Work is well on the way at the site of Gasworx, the long anticipated, long planned and long discussed massive 50-acre redevelopment just outside Tampa's Ybor City.