Adriana Marinescu
Adriana Marinescu is an associate editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in 2019.
ITG Brands Renews 238 KSF Industrial Lease in Tampa
The renewal marks the largest transaction of the past 12 months in the Tampa Bay industrial market. Cushman & Wakefield represented the owner in the negotiations.
Fort Lauderdale Shopping Center Sells for $39M
Marcus & Millichap represented both parties involved in the deal. Walmart’s first supercenter in the city shadow anchors the Class A, 103,452-square-foot regional mall.
NASM Inks 42 KSF Lease in Greater Phoenix
The fitness training provider will occupy the majority of a 69,460-square-foot office building in a 50-acre business park. Newmark Knight Frank acted on behalf of the landlord in the lease.
Greater Orlando Office Condos Land Financing
The borrower will use the $4.1 million loan to construct a 42,909 square-foot building in Hunter’s Creek. The development is slated for completion in the first quarter of 2020.
Central FL Shopping Center Trades for $11M
More than 80 percent of the tenants at the 132,301-square-foot mall are national retailers. Marcus & Millichap brokered the deal on behalf of the seller.
Metro Miami Office Building Sells for $54M
CGI Merchant Group acquired a 162,293-square-foot asset in Coral Gables, Fla. Cushman & Wakefield assisted the seller in the transaction.
Velocis Completes 4th Atlanta Office Buy
The fund manager intends to implement a series of upgrades at the three-building Sugarloaf Corporate Center located in the heart of Gwinnett County.
Tampa Industrial Facility Sells for $26M
ASB Real Estate Investments purchased the 368,664-square-foot warehouse on behalf of its Allegiance Fund. The property is fully leased, with a tenant roster including Amazon.
Digital Realty’s International Growth Continues
The new 28-megawatt facility, spanning over more than 247,000 square feet, will be connected via dark fiber to subsequent phases of the Digital Osaka Connected Campus.
Tampa Office Building Commands $52M
The Class A, 217,022-square-foot asset in the Westshore Business District underwent complete renovations worth $2.5 million in 2015. Cushman & Wakefield assisted the seller in the disposition.