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The firm plans to continue to expand on Florida's west coast.
"A lot of retailers are in junior box and big box are trying to determine the right number of stores they need and the right square footage."
In Florida, in-migration continues to drive demand for multifamily.
These firms are gobbling up small offices as they open up shop.
"It's a trend we are seeing across the market in buildings that are located in prime locations."
"There has been increased demand for distribution centers for e-commerce and some food users have seen quite a bit of activity."
"Jacksonville is becoming a destination healthcare city focused on wellness/care as well as research."
"We are continuing to focus on North Carolina, South Carolina, Georgia, Tennessee, and Florida in the Southeast."
The properties have low vacancy rates and offer affordable options for renters, according to Starwood Capital.
"Law firms want to have Miami on their business cards."