Southeast

Orlando Business Journal A pair of shopping centers with a combined 112,707 square feet near Orlando, Fla., were sold for a total of $23.45 million, or about $208.06/sf, in separate deals. An affiliate of Dundurn Edge Developments Inc. has sold...

South Florida Business Journal Wells Fargo Bank has provided $40.78 million of construction financing for the development of a four-building industrial project totaling 380,000 square feet in Lake Park, Fla., about seven miles south of West Palm Beach, Fla. Ridgeline...

Charlotte Business Journal Kaplan Residential is teaming with Origin Investments to build a 322-unit apartment complex in Belmont, N.C., about 12 miles west of Charlotte, N.C. Plans for the property, which is being built on a 39-acre site at 6900...

Tampa Bay Business Journal Ivanhoe Cambridge has bought Avana Westchase, a 400-unit apartment complex in Tampa, Fla., for $108.8 million, or $272,000/unit. The Montreal investment firm purchased the property from Greystar, a Charleston, S.C., company that had owned it since 2018....

Tampa Bay Business Journal Snell Properties has paid $136 million, or about $418,462/unit, for the 325-unit Channel Club Apartments in downtown Tampa, Fla. The Arlington, Va., company bought the 21-story building from a partnership of ECI Group and Mercury Advisors,...

Charlotte Business Journal Work is expected to start this spring on a 110,000-square-foot manufacturing facility in Fuquay-Varina, N.C., about 41 miles north of Fayetteville, N.C. CCL Label Inc. of Framingham, Mass., is developing the industrial property, which is being built...

South Florida Business Journal Stiles Corp. has sold Galleria Plaza, a 24,807-square-foot shopping center in Fort Lauderdale, Fla., for $17.1 million or about $689.32/sf. The Fort Lauderdale, Fla., company sold the retail property to a company managed by Esmail Shahid...

South Florida Business Journal Synovus Bank has provided $30 million of construction financing for a 170-unit apartment project in Davie, Fla. ArchCo Residential recently broke ground on the property, which is being built on 4.05 acres at 5800 Reese Road....

Orlando Business Journal A venture of Accor SA and Development Ventures Group has disclosed plans to build to 550-room hotel in Orlando, Fla. The seven-story property, which will operate under the Fairmont Hotels & Resorts brand, is being planned for...

South Florida Business Journal Greystar has sold Avana Bayview, a 225-unit apartment property in Pompano Beach, Fla., for $73.46 million, or about $326,489/unit. The Charleston, S.C., company sold the complex, which sits on 4.2 acres at 1617 South Federal Highway,...