Florida CRE Moves: New American Landmark CTO and $28M Publix Warehouse Expansion in Jacksonville

Florida People & Companies, February 27, 2026
CRE Market Beat Take
Cold storage expansion, auto retail investment and student housing trades indicate continued investor appetite for operationally critical and needs-based assets in the region.

American Landmark Apartments has added a senior leader focused on technology and innovation. The firm appointed Adam Smolyar as Chief Innovation and Technology Officer, tasking him with overseeing enterprise technology strategy, the company’s broader innovation agenda, and its digital transformation initiatives. Smolyar is charged with ensuring that American Landmark’s technology platforms remain scalable and reliable while working closely with the executive leadership team to streamline technology solutions and financial systems across the organization.

On the industrial front, a significant warehouse expansion is moving forward for a major grocer. Gray Construction Inc. of Kentucky received a $28 million permit to build an addition to a Publix refrigerated warehouse located at 9800 Beaver St. West in Jacksonville. The project will add approximately 537,587 square feet of grocery storage space, materially increasing the facility’s footprint and capacity for cold storage operations.

Investment activity is also evident in the auto retail sector. A New Jersey-based private entity acquired a newly built Tesla dealership, service center, and showroom in Kissimmee for $27.2 million. Completed in 2024 on a 5.3-acre site, the 57,528-square-foot property at 2935 N. Orange Blossom Trail changed hands on January 30 in its first transfer of ownership. The asset includes both sales and service functions for Tesla within a single purpose-built facility.

Student housing near the University of Tampa has attracted investor interest as well. The Tampa Business Journal reports that 220 Madison, a student-focused apartment complex with 48 units, was sold for $21.8 million, or $454,166 per unit. The buyer is Washington International Service Executives, which acquired the property as an operating student housing asset close to the university campus.

In a separate talent-related development, Batson Cook Development Company, a commercial real estate investment firm, is recruiting an Investment Analyst in Atlanta, Georgia. The role will support new development investments through financial modeling, underwriting, and both market-level and property-level due diligence, with exposure to the full real estate development and investment lifecycle across multiple asset classes. The firm is seeking candidates with more than two years of relevant experience in real estate, private equity, or capital markets, along with advanced financial modeling skills. Executive search firm RETS Associates is leading the search, and inquiries or resumes are being directed to Mandy Haines at mandy@retsusa.com.

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