Woodmont Industrial Partners signs Alaris Aerospace to 129k SF in Jupiter, while multiple retail and multifamily properties trade across Florida.
Activity across Florida continues with several notable lease and sales transactions. In Jupiter, Woodmont Industrial Partners and Butters Group secured a seven-year lease with Alaris Aerospace Systems for 129,000 square feet at Corporate Logistics Center. Meanwhile, retail assets changed hands in St. Petersburg and Jacksonville. Fuqua Development sold a 97,502-square-foot, two-tenant property at 4501 66th Street N in St. Petersburg to Granite Capital for $7.8 million, anchored by Five Below and At Home. In Jacksonville, PARE Investments acquired the 73,100-square-foot, grocery-anchored CB Square for $11.2 million from Core Investment Management; the center is fully occupied with Aldi and Ashley HomeStore Outlet as anchors.
Additionally, the multifamily sector saw growth as Aventon Companies acquired a 13.58-acre site in New Port Richey for $5 million. The developer plans to construct Aventon Eva, a 270-unit residential project.
Capital Square acquires Cacéma Townhomes in Kissimmee for $56.2 million, backed by a $33.4 million Freddie Mac loan.
Glaz’d Donuts is opening two new retail locations in Clearwater this summer at 411 S Myrtle Ave and 2006 Drew St.
Robert Finvarb Companies launches NoBe Parc, a short-term rental condo project in the North Beach neighborhood of Miami Beach.
El-Ad acquires a condominium property in Miami for $46 million.
TA Realty reacquires the 178,521-square-foot Webster Business Park in Miami for $47.6 million.
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