Colliers states that it will add development services team members in Orlando, Tampa Bay and Jacksonville, as well as bring in additional personnel to its South Florida operation.

The brokerage firm expects that these Defense Department contractors will lead to strong leasing interest along the 82.8 million-square-foot Toll Road to Crystal City corridor.

“The goal of our dedicated team of MHC originators and underwriters is very simple: deliver the best loan terms with VIP customer service,” says Chad Thomas Hagwood, Hunt Real Estate Capital MHC Production Head.

“Given Florida's maturity as a worldwide economic powerhouse in recent years, we have a unique opportunity to lead and chart a path to help Florida become that 'It' State—the place where dynamic and exciting innovations lead the way,” says Chris Corr, Florida Council of 100 Chair.

The new air cargo facility announced yesterday will involve an initial investment of $70 million by JFK Air Cargo LLC and will bring $152 million in rentals during the term of the agreement.

The utility said the new natural gas capacity from the Tennessee Gas Pipeline could be in service by November 2023.

Holliday Fenoglio Fowler, L.P., which worked on behalf of Beachwold, reports that the financing will be used to refinance existing debt on the 400-unit The Place at Alafaya in Orlando and to acquire Litchfield Place, a 76-unit development in Savannah.

Commercial brokerage firm CBRE reported the sale transaction of the fee-interest of 182,753-square-foot Class A property at 2101 Park Center Drive and 2145 Metrocenter Boulevard to Metrocenter Office, LLC.