MIAMI-A joint venture of Kitson & Partners, Evergreen Partners and Morgan Stanley Real Estate Fund pays $4,730 per acre for 74,000 acres.

ATLANTA-Cousins Properties Inc. buys a seven-building, 103,000-sf office complex in affluent Sandy Springs for $12.5 million. Hendon Properties sets up a JV to redevelop the 770,000–sf Greenbriar Mall.

ORLANDO-The locally based REIT posts net earnings of $79.1 million or $1.37 per diluted share compared to $27.6 million or 51 cents in second quarter 2005.

BOCA RATON-Flager-Codina and TIAA-CREF will develop one of the largest planned office campuses in South Florida in Arvida Park of Commerce.

BOCA RATON-Flager-Codina and TIAA-CREF will develop one of the largest planned office campuses in South Florida in Arvida Park of Commerce.

BOCA RATON, FL-Net income totals $6.6 million, down $8.3 million from a year ago. On a non-GAAP basis, net income was $12.7 million.

ATLANTA-Second-quarter net income totals $12.1 million or 28 cents per diluted share versus $56.5 million or $1.42 in the same 2005 period. FFO totals $22.1 million, the same as a year ago.

ORLANDO-A total 314,900 sf of new space gets leased in the second quarter, dropping the vacancy level to 7.9%, the second lowest on record.