Southeast

The city in releasing the RFP is hopeful that the sale of the 18 acres will result in the development of mixed-use, residential or office and or hospitality and retail development on the site.

The 2018 visitor total marked the eighth consecutive record year for tourism visitation in Florida, according to VISIT FLORIDA. Last year's visitation level surpassed the previous record of 118.8 million posted in 2017 by 6.2%.

The Series D funding round was led by SoftBank Vision Fund with participation from Sequoia, Atomico, GV, Fifth Wall and Four Rivers.

The mid-rise Pearl Flagler Village project, developed by MORGAN and institutional investors advised by J.P. Morgan Asset Management, includes 12 studios, 238 one-bedroom, 80 two-bedroom and 20 three-bedroom units.

The firm states that its MVP Fund will focus on middle market real estate-based investments including joint ventures, active or passive investments, urban infill development projects, income producing properties and substantial value-added renovations including historic properties.

“There are a range of units and options we discuss with landlords.”

The workplace services company has signed two new deals in Washington, DC in the East End and Penn Quarter totaling 152,000 square feet.

Rubenstein Properties was the seller of the portfolio, which contained 28 buildings and one development parcel.