National News

Cove Capital Investments completes purchase of Blinds.com corporate HQ

Los Angeles, CA Cove Capital Investments, LLC, a private equity real estate firm providing accredited investors access to 1031 exchange eligible Delaware Statutory Trust offerings as well as other real

Groom Construction opens Florida office in Naples

Naples, FL Groom Construction, Co., Inc., a premiere general contracting firm, announced that it has opened a regional office at 1250 Tamiami Trail North to meet the growing needs of its national retail clients. While Groom specializes in retail construction at a national level,

Sachse Construction awarded for performing outstanding charitable work for The Academy of Warren playground project

Grapevine, TX Detroit-based Sachse Construction was awarded for performing some of the construction industry’s best charitable work in 2021. The group received the AGC in the Community award for its donation of services to help build the Academy of Warren Playground project.

JEMB Realty Corp. acquires Wyndham Grand Clearwater Beach for $170 million

Tampa Bay FL JEMB Realty Corp. has acquired the Wyndham Grand Clearwater Beach for $170 million. The seller, Dr. Kiran Patel, will remain a minority partner in the new joint venture led by the Bailey and Jerome family firm.

National Land Realty sells more than $1.5 billion in land

Greenville, SC National Land Realty hit more than $1.5 billion in sales in 2021. While total transactions and acres of land sold in the past year have increased 51.5 and 80.4% respectively, overall sales volume has grown 131%. Meanwhile in the same timeframe, the company also added a new CMO and CTO,

Vantage Builders completes four cannabis dispensaries for Sanctuary Medicinals

St. Petersburg, FL Vantage Builders, Inc., a commercial contractor specializing in pre-construction, construction management and design-build services, has announced that it completed the build-out of four cannabis dispensaries for Sanctuary Medicinals

NAWIC and Safe Site Check In survey reveals digital transformation is top priority in construction industry

Fort Worth, TX In celebration of Women in Construction Week, the National Association of Women in Construction (NAWIC) and Safe Site Check In revealed the results of the “Digital Technology in Construction: 2022” survey.

Steinbauer Assocs. sells 9.5 acre industrial site in Bartow for $650,000

Bartow, FL Jim Steinbauer, SIOR, vice president of Steinbauer Associates, Inc., brokered the sale of a 9.5 acre industrial site fronting Hwy. 60. Industrial Properties, LLC purchased the site from B&R Homeland, LLC

Commercial America Properties sells Bubbalous Bodacious Barbecue location for $1.575 million

Apopka, FL Commercial America Properties has negotiated the sale of an area restaurant.  Founded by the late Sam Meiner, the Bubbalous Bodacious Barbecue at 1701 Rock Springs Rd., closed within three weeks of contract.  Situated on an outparcel

Blomsterberg, Rife, and Winrod of Marcus & Millichap close Reno, Nevada multifamily portfolio sale for $302 million

Renov, NV Marcus & Millichap brokered the sale of The ERGS Portfolio, a eight-property multifamily portfolio spanning a total of 1,077 units across eight assets. The portfolio traded for $302.5 million, or $280,872 per unit.