Miami

Dr. Jerry Parrish, Florida Chamber Foundation chief economist, who forecasted earlier this year that Florida would reach the new $1-trillion economy threshold sometime in 2018, says the milestone was achieved last week. He notes that Florida is adding $2.74 billion each day to the state's GDP.

The Winter Park, FL project named Watercrest Winter Park will be developed by Vero Beach, FL-based Watercrest Senior Living and Titan Development Real Estate Fund 1.

The sale transaction for the 93.3%-leased shopping center was announced by brokerage firm HFF, which marketed the property on behalf of the seller, Retail Value Inc, which earlier this month spun off of Beechwood, OH-based DDR Corp.

Tony Cho, CEO of Metro 1, says his firm is seeking a hospitality partner to co-develop the one-acre site located at the intersection of Northwest 2nd Avenue and 29th Street. The conceptual plan calls for the development of hospitality, office, retail and possibly residential space.

Among its fastest growing markets, uBreakiFix opened nine new locations in the Kansas City area and four new locations in Florida in the second quarter. The firm also expanded its footprint in Omaha, NE; Toronto, Ontario and other existing markets.

Passco's portfolio in the Sunshine State now totals more than 3,000 units, according to Colin Gillis, VP of acquisitions, southeast at Passco.

The airline's latest deal involves an expansion of 26,287 square feet, which ramps up its leased space at the Miramar Park of Commerce to 97,106 square feet.

Team officials said the ballpark is projected to cost $809 million with additional infrastructure costs of $83 million. The new ballpark they said could be complete in time for the first pitch on Opening Day 2023.