The project, which is expected to begin construction this month, will renovate the existing Riverside Center building and add nearly 20,000 square feet, increasing the building's size to 54,000 square feet.

If the project is approved, Medline would retain its current 300-member workforce and likely add between 200 to 300 workers in the future.

While retail analysts continue to postulate the impact of the Winn-Dixie bankruptcy and its store closings, as well as Amazon's acquisition of Whole Foods', the fact remains that Publix is the “gorilla” in the grocery market, Avison Young states in the report.

The firm intends to construct three buildings: Building 100 – 104,950 square feet, Building 200 – 145,164 square feet and Building 300 – 402,582 square feet. Groundbreaking on the project is expected later this month.

Miami-based Apollo Bank provided Riviera Point Development Group $10.7 million in construction financing for the project.

The New York City-based alternative investment firm reports the investment capital raised for its AG Europe Realty Fund II exceeds the fund's original $750-million target.

Foncière des Régions also reports it has selected InterContinential Hotels Group, based in Denham, Buckinghamshire, to rebrand and operate 13 of the newly acquired hotels via long-term, triple-net lease deals.

The deal for the Plantation at Walden Lake community is a value-add play for the new owner—Bridge Investment Group, according to Cushman & Wakefield, which represented the seller in the transaction.