Blog Archives

Mercury Advisors Secures Financing for Grand Central at Kennedy

Mercury Advisors, a commercial real estate investment firm, secured an $ 18.25 million bridge loan financing for the Grand Central at Kennedy mixed-use project located at 1120 E. Kennedy Blvd. in downtown Tampa, FL. The loan carries has a five-year term and a 25-year amortization schedule. Bob Hernandez, senior vice president and managing director of […]

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Central Florida Business Park Trades for $14.9M

Legacy Capital Partners sold the nine-building Central Florida Business Park to Canadian-based Carolyn Corporation for $ 14.9 million, or about $ 19 per square foot. The deal totals 775,864 square feet of industrial space at 5300 Recker Hwy in Winter Haven, FL, within the Polk County Industrial submarket. Fred Beasley of Beasley Real Estate Services […]

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Calcanis Joins Colliers Central Florida as Managing Director

Colliers International has hired senior commercial real estate broker David Calcanis as a managing director of the firm’s land services business line. Based in the company’s Orlando, FL office, Calcanis will present clients in the Central Florida markets with comprehensive market information drawing on his background in land use analysis and research. Calcanis brings more […]

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Altman Cos Buys Grand Central Place in Tampa

The Altman Companies acquired the office building at 442 W. Kennedy Blvd. in Tampa, FL from Stoeltzing Grand Central Ltd. for $ 5.25 million, or about $ 143 per square foot. The historic, 36,733-square-foot office building delivered in 1925 in the South Tampa submarket. The asset was fully occupied at the time of sale. Stephen […]

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Office Lease Up (July 5) UBS, Piedmont Sign Publicis and Winston & Strawn to 900,000 SF at The Leo Burnett Bldg in Chicago’s Central Loop

Publicis, a Paris-based multinational advertising and public relations company, and Winston & Strawn, an international law firm, have renegotiated and extended their respective leases at the 1.12 million-square-foot Leo Burnett Building in Chicago’s Central Loop. Publicis agreed to a seven-year extension for the company’s 642,545-square-foot Tampa/St. Petersburg Commercial Real Estate News From CoStar Group

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