BISWIRE/Oct. 9, 2026 — The STRO Companies (“STRO”) has promoted Eli Millstein to oversee the firm’s acquisition efforts across Florida, specifically Tampa, South Florida, Orlando and Jacksonville, as the company looks to accelerate its growth throughout the state.

The expanded role follows an active 2026 in New Jersey, where Millstein has completed approximately $70 million in transactions, representing roughly 9% of investor acquisition volume in Northern New Jersey year-to-date, despite a challenging investment sales market.

“Florida is a major growth engine for STRO, and we are hungry to put capital to work,” said Millstein. “We had a very active year in New Jersey despite a difficult transaction environment, and we want to replicate that activity in Florida. We are looking for opportunities where our experience, creativity and ability to execute can give us an advantage.”

STRO is actively targeting warehouse, last-mile distribution, manufacturing and other industrial properties, as well as land sites throughout Florida. The company is also pursuing office and retail redevelopment opportunities and will consider environmentally challenged sites, complex properties and other situations where its vertically integrated platform and hands-on approach can create value.

STRO is a privately held, vertically integrated owner and operator with a portfolio spanning New Jersey and Florida.