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By Nathaniel Rhoad CoStar Research Summary: McGarvey Development Company, a comprehensive construction and real estate firm, sold Centerlinks Business, which includes nine industrial warehouses. Totaling 453,940 square feet on 41 acres, the park is located at 16770...
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By Joshua S. Andino CoStar News Summary: Glenstar Logistics and Columnar Investments have sold Tri-County 75, a 72-acre industrial park in Fort Myers, Florida. The park consists of four buildings totaling 818,000 square feet and is 95% leased to multiple Fortune 500...
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Summary Citizens Financial reported strong Q3 earnings despite facing various challenges, highlighting resilience in its performance. The bank showcased improved revenue and loan growth, driven by strategic initiatives and effective cost management, while addressing...
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Summary: Hurricane Milton made landfall on October 9 near Sarasota, causing heavy rainfall and flooding across Tampa Bay, particularly in Pinellas and Hillsborough Counties. This followed the devastation from Hurricane Helene, which brought significant storm surges...
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By Lou Hirsh and Mark Heschmeyer CoStar News Summary: Hurricane Milton threatened over $1 trillion worth of commercial property in Florida, with more than 235,000 properties at risk of exposure to dangerous winds. The storm’s path included 44,122 industrial...