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15
Aerospace Firm Spending $75M on Orlando Plant
Extant Aerospace broke ground on a new 376,000-square-foot industrial manufacturing facility in Melbourne. Michael Moss II of Lightle Beckner Robison represented Extant Aerospace securing the building. The Orlando Business Journal reports the new facility is part of the Harbour Logistics Center development, an industrial center with a total of 530,000 square feet of Class-A space ...
The post Aerospace Firm Spending $75M on Orlando Plant appeared first on Connect CRE.
14
$563M Palmetto Hospital Reaches Construction Milestone
BayCare Health System has topped out its $563 million hospital in Palmetto. The 463,000-square-foot facility is slated to open near the end of 2028. The Tampa Bay Business Journal reports the hospital will include 154 private patient rooms and can expand to over 200 beds as demand accelerates. Emergency care, general and specialty surgery, cardiology, ...
The post $563M Palmetto Hospital Reaches Construction Milestone appeared first on Connect CRE.
14
Grover Corlew Lands Refi on 223K-SF Deerfield Beach Office Park
Grover Corlew has refinanced Hillsboro Center, a 223,716-square-foot office park in Deerfield Beach, Fla. A two-year, $30 million senior loan was originated by BankUnited and arranged by JLL Capital Markets. Commercial Search reports Grover Corlew acquired the two-building office park in 2019 for $32.5 million from TriGate Capital. The office park was completed in the ...
The post Grover Corlew Lands Refi on 223K-SF Deerfield Beach Office Park appeared first on Connect CRE.
13
Fort Lauderdale Developer Inks Financing for Condos, Apartments, Retail
Dependable Equities, an affiliate of Sky Equity Group, secured $54 million in pre-construction financing from CDK, with Valley National Bank serving as a participating lender to advance a residential development south of the New River, near downtown Fort Lauderdale. The financing, arranged by Daryl Hagler and Allen Weinstein of CDK Capital, will support the planning ...
The post Fort Lauderdale Developer Inks Financing for Condos, Apartments, Retail appeared first on Connect CRE.
13
Trevato Lands $76.8M Construction Loan for Jax Apartment Complex
Trevato Development Group obtained a $76.8 million construction loan to build a mixed-use development in Jacksonville. The four-year, floating-rate loan was provided by Ameris Bank. A JLL Capital Markets team led by Mark West secured the loan. The development, located at 1944 Beach Blvd. in Jacksonville Beach, will include a 415-unit apartment complex and 1,800 ...
The post Trevato Lands $76.8M Construction Loan for Jax Apartment Complex appeared first on Connect CRE.