MIAMI-Sunshine Lakes LLC acquires the 208-unit Sunshine Lakes Apartments for $10.45 million. The 123-unit Green Tee Apartments in Fort Myers and the 93-unit Applegate Apartments in Sarasota also find new owners.
TAMPA, FL-Office condominiums represent 32% of the total 1.12 million sf of new product which will be surfacing with higher rents later this year and in 2007.
NORCROSS, GA-The real estate investment company pays First Industrial Realty Trust Inc. $46.7 million for the Northwoods Business Park and $25 million for Franklin Forest Business Park.
NORCROSS, GA-The real estate investment company pays First Industrial Realty Trust Inc. $46.7 million for the Northwoods Business Park and $25 million for Franklin Forest Business Park.
NAPLES, FL-The Indianapolis-based shopping center developer pays about $182 per sf for a total 318,522 sf at two properties on US 41 and a third on Airport Pulling Road. The three centers are 100% leased.
ATLANTA-The developer is four months away from completing its largest industrial project developed so far in metro Atlanta, an 870,480-sf distribution facility.
ATLANTA-The General Services Administration for the Department of Homeland Security will lease the 91,000-sf built-to-suit structure on a long-term contract.