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- Ashley Furniture makes $70 million warehouse buy in Lakeland
A global furniture retailer with longtime ties to the Tampa Bay region has made a significant investment in Lakeland.
- Ashley Furniture buys Lakeland industrial building for $70.54M
The building is part of Lakeland Central Park, an expanding industrial park off of Polk Parkway.
- Tampa Bay Rays stadium repair costs likely to rise
St. Pete officials are considering multiple contract changes for Tropicana Field repairs, with costs potentially climbing higher than initially projected.
- Two Rivers developer plans $27 million private social club
A master-planned community that spans Hillsborough and Pasco counties will include a private social club for residents.
- 13th Floor Lands Funding for Miami Transit-Oriented Project
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.
- Navarre Apartment Developer Inks $47M Refi
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.
- Sarasota marine construction company pays $2.5M for new space
New Pass Dock & Seawall bought the property previously belonging to SignZoo.
- The Sapphire: Lounge and Supper Club to open in Westshore
A new entertainment concept is coming to Tampa's Westshore business district.
- EōS Fitness opens new Land O’Lakes location
The EōS Fitness chain has opened its doors to a new location in Land O'Lakes.
- HTeaO plans first Tampa Bay location
An iced tea franchise is adding its fourth Florida location in Tampa Bay.
- Developer Duo Obtains $80.6M W. Palm Beach Apartment Financing
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.
- Miami’s Worldcenter Announces Official Opening
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.
- Philadelphia investor pays $12.9M for Brandon shopping center
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.
- 300-unit apartment community opens in Palmetto
Stafford at Artisan Lakes began leasing this May.
- Boynton Beach Retail Center Trades for $16.3M
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.
- Cold Storage Hot in Jacksonville
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.
- Restaurant on US 41 in Sarasota sells for $2.1 million
A veteran restaurateur purchased the building on South Tamiami Trail, which spans more than 5,500 square feet.
- Tervis relocates central office, frees space up at former Venice HQ
The manufacturer, which emerged from bankruptcy earlier this year, has returned to its original facility in Osprey.
- Florida People & Companies, May 23, 2025
The post Florida People & Companies, May 23, 2025 appeared first on Connect CRE.
- Hallandale Beach Developer Closes on $112M Construction Loan
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.
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