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The merger will allow Synovus to increase its presence in high-growth Florida markets, including Pensacola, Tampa, Jacksonville, Orlando, Sarasota, and Naples.

Logistics and warehouse users are clamouring to lease space at what had been a Chrysler plant.

Based on Buchanan Street's research, the firm decided to make improvements to the property's dated buildings with flex/R&D office repositioning via updated spaces for research and labs prior to the sale.

For-sale inventory in June remained tight, at a 3.9-months' supply for single-family homes and 5.5-months' supply for townhouse-condo properties, according to Florida Realtors.

Whitley Penn recently leased two full floors in Frost Tower, downtown's newest high-rise, as the accounting firm looks to be a major presence in the market and offer its employees better life quality.

Tariffs and other trade-related concerns have created price pressures on new development due to increased input costs, but a positive outlook remains for the Houston metro, with a strong hiring spread.

The 500,000 square-foot contemporary office building is expected to be completed in 2021.

The Tampa-based firm says it plans to undertake approximately $3.5 million in capital improvements at the complex at 812 S. Park Road. The property that at the time of closing was 97% occupied.