TAMPA, FL-About 1.8 million sf was absorbed by year-end 2003, more than the three previous years combined, according to a new market analysis by the local office of Colliers Arnold.
ATLANTA-Projects in Fayette County and Columbia County benefit from the five-year-old US Department of Agriculture's Rural Development loan guarantee program which pays the lender if a borrower defaults on his contract.
JACKSONVILLE, FL-Florida's largest city continues to outpace US trends in both economic growth and apartment fundamentals, according to a new multifamily market analysis by Marcus & Millichap.
ATLANTA-The locally based REIT has contracts on six properties in the city, two in Dallas and one in Orlando and expects to book GAAP accounting gains of about $138 million to $140 million, the company told analysts and investors in a conference call.
ORLANDO-Owners are beginning to take a more realistic view of their holdings but few prices are in the bargain-basement category, area industrial brokers tell GlobeSt.com. Consolidated-Tomoka Land Co., one of Florida's largest landowners, completes two deals for $35 million.
KISSIMMEE, FL-DR Horton Homes of Arlington, TX is the main bidder for the 1,124 acres along the Florida Turnpike between Kissimmee and St. Cloud, Osceola County about 15 miles from Walt Disney World's 30,000-acre enclave.
ORLANDO-Robert DeGrilla, a commercial real estate professional with 30 years in the field, will partner with industrial leasing services associate Mindy Pierce in helping to lease up the 1.8-million-sf Dr. Phillips portfolio in the metro area.
ATLANTA-The $125-million, 3,000-seat Cobb County Performing Arts Center sets a tentative June construction start while the $90-million, 12,000-seat North Fulton Centre for the Arts could begin construction by year end.
ORLANDO-Grosvenor Orlando Associates of San Francisco has filed for Chapter 11 protection while it restructures its financial base for the 626-room, 32-year-old hotel located on Walt Disney World property.
ATLANTA-The first, two-building, 412,000-sf phase of the five-building, 752,000-sf Parkway Logistics Centre in South Fulton County is scheduled for completion in June.