ATLANTA-New York-based Atkins Nutritionals Inc. will occupy almost half of the 570,000-sf property near Interstate 75 for an estimated seven years at an estimated aggregate effective rent of $3.4 million, area industrial brokers tell GlobeSt.com.
ORLANDO-Tourist-oriented International Drive, with 11 buildings housing 2.9 million sf of retail space, has the highest vacancy level at 14.52%, an improvement from 16.21% in June 2003, according to a new market analysis by the local office of Trammell Crow Co.
ATLANTA-The Federal Way, WA-based company's timberlands are in middle Georgia and some of the dirt in strategic commercial locations could go for an average $5,000 per acre or an estimated aggregate total of $1.5 billion, local industrial real estate brokers tell GlobeSt.com.
ORLANDO-Emily Moorman-Zinaich, a 10-year-professional, is the new associate director who will work with Greg Morrison, the firm's executive director, in handling leasing assignments at several Orlando area office buildings.
ATLANTA-Julian LeCraw & Co. Inc. purchased the 36-story Buckhead Grand at Tower Place from locally based Regent Partners which is completing construction to meet a spring sales program.
ORLANDO-Although officials at the NASA are also looking at sites for an estimated 100,000-sf business center in Texas, Virginia, Alabama, Ohio and Mississippi, persons in a position to know tell GlobeSt.com Orlando will win the bid.
ATLANTA-The 120-unit condominium development logs $36 million on 14 sales since the first of the year as demand remains strong for Downtown luxury homes, Southeast Capital Partners principal Satish Lathi tells GlobeSt.com.
MINNEOLA, FL-The proposal by Leeds Holdings Southeast to build a public park, outdoor theater, recreational amenities and a children's playground in exchange for an OK on a planned,963-home subdivision here is believed to be the largest of its kind in Lake County development annals.
ATLANTA-The locally based developer pays Los Angeles-based TCW Land Fund I $2 million per acre, or $47 per sf, in the largest area land deal closed this year. Barry plans a $50-million, 260,000-sf office headquarters on the site for locally based Southern Co.
ORLANDO-The area's largest and oldest business complex, comprised of three separate parks totaling 4,100 acres, logged $8.1 million on 43.1 acres versus $1.7 million on six acres in 2002. Park broker J. Gary Castle looks for a repeat in 2004 from new businesses entering the area.