Orlando

The 337,892-square-foot property consists of 16 three-story buildings. Waypoint Residential recently upgraded all unit interiors, which resulted in a notable rent increase and therefore now presents a strong value-add opportunity for the new ownership, according to Cushman & Wakefield.

In the first deal, recently formed LBX Investments of Los Angeles has purchased Alfaya Commons, a 130,811-square-foot shopping center at 11792-11970 East Colonial Drive from Regency Centers in a deal valued at $19.8 million.

American Dream Miami might have a larger impact on Florida's economy than any other project since the arrival of Walt Disney World in 1971.

ShopOne, which is headquartered in New York City, acquired the 135,286-square-foot shopping center that is anchored by grocer Publix from Irvine, CA-based Sabal Financial Group, LP - Slate Trails Holdings LLC.

In November, the State of Florida submitted a plan to HUD to address the damage caused by Hurricane Irma, which wreaked havoc in the Sunshine State in September 2017.

Gov. Scott said the FDOT has issued a Request for Proposals for those interested in leasing FDOT and Central Florida Expressway Authority owned right of way to establish a privately-funded high-speed rail service between Orlando and Tampa.