Author: Florida Real Estate News

Bain Capital Real Estate and 11North Partners have jointly acquired a significant portfolio of ten open-air retail centers for approximately $395 million. The transaction, focused on high-growth markets, includes properties strategically located across Florida and South Carolina, many anchored by the prominent grocery chain Publix. This acquisition underscores the partners’ commitment to expanding their presence in necessity-based retail. Key Takeaways Bain Capital Real Estate and 11North Partners acquired 10 open-air retail centers for $395 million. The portfolio spans over one million square feet with over 93% occupancy. Seven centers are anchored by Publix, with other national and daily-needs tenants. Locations…

Television icon Judith "Judge Judy" Sheindlin has sold her luxurious Naples, Florida, estate for $9.5 million. The sale marks the end of an era for the beloved TV personality, who has been a part-time resident of Naples since the late 1990s. Sheindlin continues her legal commentary on "Judy Justice" on Amazon Freevee. Key Takeaways Judith "Judge Judy" Sheindlin sold her Naples, Florida, estate for $9.5 million. The property is a 10,607-square-foot mansion with 6 bedrooms and 11 bathrooms, located in the Pelican Bay neighborhood. Sheindlin and her husband have been part-time Naples residents since the late 1990s. The TV star’s…

CBRE has successfully orchestrated the sale and acquisition financing for a significant industrial portfolio totaling 255,501 square feet across two properties in Maple Grove, Minnesota. The transaction saw Enclave acquire the portfolio from Artis REIT for $25.5 million, marking a notable deal in the region’s industrial real estate market. Key Takeaways A 255,501 sq. ft. industrial portfolio in Maple Grove, MN, was sold for $25.5 million. Enclave acquired the two-property portfolio from Artis REIT. CBRE represented the seller and secured acquisition financing for the buyer. The portfolio is 100% leased to two tenants and benefits from a prime location. Transaction…

Bain Capital Real Estate and 11North Partners have jointly acquired a portfolio of ten open-air retail centers for approximately $395 million. The strategic acquisition spans high-growth markets across Florida and South Carolina, reinforcing the partnership’s focus on necessity-based retail. Key Takeaways Bain Capital Real Estate and 11North Partners acquired 10 open-air retail centers for $395 million. The portfolio is primarily anchored by Publix and includes a strong mix of national and daily-needs tenants. Properties are located in desirable Florida submarkets like Fort Lauderdale, Orlando, Tampa, Palm Beach, and Charleston, South Carolina. The acquisition signifies continued momentum for the joint venture…

Television icon Judith "Judge Judy" Sheindlin has sold her luxurious Naples, Florida, estate for $9.5 million. The sale marks the end of an era for the beloved TV personality, who has been a part-time resident of Naples since the late 1990s. Sheindlin continues her legal commentary on "Judy Justice" on Amazon Freevee. Key Takeaways Judith "Judge Judy" Sheindlin sold her Naples, Florida mansion for $9.5 million. The estate is located in the Pelican Bay neighborhood and features 6 bedrooms and 11 bathrooms across 10,607 square feet. Sheindlin and her husband have been part-time Naples residents since the late 1990s. The…

Billionaire investor Ken Griffin, in partnership with Goldman Properties, has acquired the prominent 545 Wyn office building in Miami’s Wynwood Arts District for approximately $180 million. This significant transaction underscores continued confidence in Miami’s dynamic office market and Wynwood’s evolution into a thriving mixed-use business hub. Key Takeaways Ken Griffin and Goldman Properties jointly purchased the 545 Wyn office building. The deal was valued at approximately $180 million. The seller was Sterling Bay, the original developer of the property. The acquisition highlights Wynwood’s growing appeal to established corporations and diverse industries. A Strategic Acquisition in Wynwood The 10-story, 298,000-square-foot 545…

Florida’s luxury real estate market has demonstrated exceptional strength, dominating the nation’s most expensive home sales in December. The Sunshine State saw a significant influx of high-value transactions, with a sprawling Miami estate linked to Google co-founder Larry Page topping the list at an astounding $101.5 million. This trend highlights Florida’s growing appeal to ultra-wealthy buyers seeking both lifestyle and financial advantages. Key Takeaways Florida led the nation in luxury real estate sales for December. Larry Page’s Miami estate was the most expensive sale of the month and the fourth priciest of 2025. Six of the top 10 most expensive…

Florida Governor Ron DeSantis recently addressed key issues facing the state, including a strong stance against property taxes, which he likened to "perpetual rent" to the government. He also clarified his decision to veto a bill aimed at banning "left-lane camping," citing concerns about its broad language. Property Taxes: A "Perpetual Rent" During his State of the State address, Governor DeSantis urged lawmakers to work towards providing "transformational relief" for Florida taxpayers. He articulated his view that property taxes are akin to a continuous payment to the government, arguing that homeowners should be able to own their property outright without…

Broward County is experiencing a significant wave of business growth and consolidation, particularly within the real estate and financial sectors. Several key players have announced expansions, mergers, and new team formations, signaling a robust economic outlook for the region. This activity includes major real estate brokerages joining forces and financial institutions bolstering their local presence. Key Takeaways Real estate firms are merging and expanding, increasing agent numbers and market reach. Financial institutions are establishing new teams and offices to serve Broward’s business community. These developments indicate strong economic confidence and growth in Broward County. Real Estate Sector Consolidation The real…

Tampa’s housing market is experiencing a significant cooling, with foreclosure rates climbing and home prices adjusting after years of rapid growth. While national data places Tampa among metropolitan areas with higher foreclosure filings, local real estate professionals emphasize the need for context, pointing to factors like affordability challenges and a normalization of market activity. Key Takeaways Tampa ranks fifth nationally among major metropolitan areas for foreclosure filings. Affordability issues, including rising insurance and HOA fees, are contributing to homeowner stress. The housing market has cooled considerably from its pandemic-era peak. Realtors highlight that foreclosure filings don’t always result in foreclosure,…