In the week's top commercial real estate news, a retailer returns in Tampa, a retailer is making its Florida debut in Sarasota, and a Fort Myers real estate firm has a good week.

Berkadia originated a $23.2 million loan on behalf of Advenir for the refinancing of Advenir at Magnolia, a 272-unit, garden-style multifamily community located in the Fern Park suburb of Orlando. Charles J. Foschini, Christopher Apone, Lourdes Carranza-Alvarez, and Shannon Wilson of Berkadia Miami originated the loan on behalf of the sponsor.  Freddie Mac purchased the five-year, ... The post Advenir Inks Refi for Orlando Rental Asset appeared first on Connect CRE.

Selig Enterprises plans to knock down some retail properties to build a 341-unit apartment complex at 1401 W. Palmetto Park Road. The company also plans to expand and improve the Publix at the location. No zoning changes were needed because the company used the Live Local Act enacted by the state, which allows developers to ... The post Repurposed Boca Raton Retail Center Adding Apartments appeared first on Connect CRE.

Publix Super Markets plans to build a 375,000-square-foot frozen foods warehouse in Jacksonville. The project, located at 10132 General Ave. on the city’s Westside, will rise on a 42-acre site. Publix acquired the land in 2012 for $3.07 million. The warehouse approval comes as Publix also expands its retail footprint in St. Johns County, where construction ... The post Publix, Sam’s Club Building Jax Distribution Centers appeared first on Connect CRE.

The post Florida People & Companies, April 18,2025 appeared first on Connect CRE.

Local employers will help pay for the $28.6 million project south of downtown Bradenton.

When it opened in 1967, Regency Square Mall was the largest shopping center in the Southeast. However, its tenancy has steadily declined. In 2014 the mall owners reported that occupancy at Regency Square had fallen from 60.1% at the end of 2012 to 37.9% in 2014. Over time, it didn’t do much better, and now ... The post Struggling Jax Mall Changes Hands appeared first on Connect CRE.

The company now has 84 locations in five states.

Redfearn Capital recapitalized a $107.5 million industrial real estate portfolio made up of properties throughout Florida. DRA Advisors partnered on the transaction.  The portfolio, originally established in 2020 in partnership with TPG Angelo Gordon, includes 10 properties spanning Jacksonville, South Florida, Clearwater, and Orlando, totaling more than 900,000 square feet. With DRA Advisors as the new ... The post Redfearn Obtains Refi on 900K-SF Florida Warehouse Portfolio appeared first on Connect CRE.

Universal Epic Universe will open for all guests on May 22. The new park will include five distinct components: Celestial Park, The Wizarding World of Harry Potter’s Ministry of Magic, Super Nintendo World, How to Train Your Dragon – Isle of Berk and Dark Universe. According to numerous published sources, Epic Universe is estimated to ... The post Universal Opening Latest Orlando Theme Park appeared first on Connect CRE.

Related Group, Miami-Dade County Housing & Community Development, and Miami-Dade County Public Schools opened Magnus Brickell, a Class-A, mixed-income, transit-oriented development in Miami. With 465 workforce, market rate, and affordable homes, the tower replaces a former 96-unit elderly housing complex and surface parking lot. Magnus Brickell features a mix of studios, one, two and three-bedroom residences, including 93 units ... The post Related Debuts Mixed-Income Miami Apartments appeared first on Connect CRE.

The new facility will be built on 8.4 acres along the Alico corridor and bring several divisions under one roof.

Damaged in 2024's storms, the Wicker Inn Beach Resort resort is for now for sale.

Beacon Real Estate Group and a Promecap multifamily fund acquired Harper Grove, a 264-unit community in Davenport.  Commercial Edge reports the group paid $58.1 million for the asset and took out a $49 million loan originated by Bridge Investment Group. OneEleven Residential was the previous owner. The firm completed the property in 2023 using funds ... The post Davenport Apartments Trade for $58.1M appeared first on Connect CRE.

Midtown Development unloaded a 106,289-square-foot Floor & Decor showroom/warehouse at 11711 W. Sample Road in Coral Springs to NorthBridge, for a sales price of $22.3 million. Dominic Montazemi, Rick Brugge, Rick Colon, and Greg Miller of Cushman & Wakefield represented Midtown, and Rick Etner, Matthew McAllister, Christopher Thomson, and Chris Metzger represented NorthBridge. The S. ... The post Coral Springs Floor & Decor Showroom Sells for $22.3M appeared first on Connect CRE.

In the week's top commercial real estate news a New York scent company's building is completed in Lakeland, a restaurant chain is expanding into Naples and developers, commissioners agree in Sarasota.

Construction has begun at a 13-acre property off US 41 in Sarasota where a residential and recreational development will take shape.

The Hillsborough County facility was one of five properties sold after previous owner defaulted on debt.

The developer behind the 299,030-square-foot first phase of Park 52 Logistics nailed down the financing for Phase 1 of industrial project.

$16 million Polk County land sales pace transactions.