### Florida People & Companies – March 21, 2025
#### Leadership Changes at CBRE
CBRE has announced the promotion of Gian Rodriguez to Senior Managing Director. In this expanded role, Rodriguez will oversee the strategic direction and day-to-day leadership of the firm’s Miami and Fort Lauderdale offices. Rodriguez joined CBRE in January 2024 from Cushman & Wakefield, where he served as Managing Principal for South Florida offices. As a producer, he has been involved in industrial sale and lease transactions valued at more than $2 billion.
#### Hotel Sale in Lake City
Marcus & Millichap has facilitated the sale of an 82-room Baymont by Wyndham hotel property in Lake City, Florida, for $3.9 million. The sale was managed by Joe Simpson, Jack Davis, Joce Messinger, and Terrence Jefferson of the firm’s Charleston office, representing the seller, a Georgia-based investor.
#### Retail Development in Fort Myers
Continental Realty Corporation (CRC) has sold a 2.2-acre parcel within the Shoppes at Pelican Preserve in Fort Myers, Florida, for $2.2 million to Barclay Group. Barclay Group plans to construct a 42,000-square-foot free-standing building to house an EoS Fitness facility, with completion expected in 2026. CRC’s Blake Dickinson, along with Bob Pekol and Jessica McEvoy of LQ Commercial Fort Myers, represented the seller, while Tyler McRae of SRS Real Estate Partners represented the buyer.
#### Apartment Community Sale in Largo
Berkadia has announced the sale of Oasis at Bayside, a 304-unit apartment community in Largo, Florida, situated about 20 minutes from Downtown Clearwater and 30 minutes from Downtown Tampa. Jason Stanton led the transaction on behalf of the seller, Latitude Management Real Estate Holdings. The buyer is a joint venture between Gravel Road Partners and Bridge Investment Group. At the time of the sale, the property was 94% occupied.
#### Bankruptcy Filing by Miami-Based Furniture Franchisee
ABP Aventura, a Miami-based franchisee of Relax the Back stores, has filed for Chapter 11 bankruptcy. The company, which operates multiple locations, listed over $1.7 million in debts and more than $3.3 million in assets in its bankruptcy filing on March 18. The franchisee is seeking court approval to terminate leases for six closed retail locations, including its main office and warehouse in Medley at 8751 N.W. 99th St.
