Miami

The 894-bed Retreat at Orlando student housing complex was sold by a subsidiary of Inland Private Capital on behalf of one of its 1031 investment programs to Preferred Apartment Communities of Atlanta. PAC acquired the property through its wholly-owned subsidiary Preferred Campus Communities, LLC.

The hotel will be located at 201 North Flagler Drive along the Intercoastal in Downtown West Palm Beach and will be situated within a 435,000-square-foot, mixed-use lifestyle project s being developed by Navarro Lowery Properties.

Art Plaza, located at 58 NE 14th St., will include 577 two-bedroom units and 90 one-bedroom apartments, along with 11,764 square feet of street-level retail and restaurant space.

The latest statistics from VISIT FLORIDA also indicate a new domestic visitor record at approximately 29.15 million, which was 8.5% over the total posted in the first quarter of 2017.

PPG Development Group is leading the ownership group along with his capital partner, Michael Herman of Premium Capital.

The $23-million project will begin with a 200,000-square-foot building and is expected to be delivered at the end of this year. T

The transaction would be structured as a 75-year ground lease between ACC and a Walt Disney World Resort subsidiary.

Commercial brokerage firm Transwestern reports that Esquire Logistics has signed a 44,160-square-foot lease at the 3.5-million-square-foot industrial park at 8272 NW 21st St.