ATLANTA-Net income available to common stockholders per share increased 403% to $4.83 for the year ended Dec. 31, the company reports. Funds from operations per share rose 11% to $2.53 for the year.

ORLANDO-The Apartment Group/Cushman & Wakefield received 12 offers for the 252-unit property located at the Champions Gate development near Walt Disney World and closed the deal for Wood Partners with B&M Management Co. for $22.4 million.

ORLANDO-The area's 80.8-million-sf inventory is at an overall vacancy level of 11.2%, down two/tenths of a percentage point from third quarter 2003, according to a new market analysis by the local office of Advantis Real Estate Services Co.

VERO BEACH, FL-The joint venture buys Fairways at Grand Harbor, a 257-unit gated community in the spring training home of the Los Angeles Dodgers. The developers paid $24 million for oceanfront units they are selling for $99,990 to $299,900.

TAMPA, FL-MCI WorldCom's exit last year from its 824,000-sf headquarters at Highwoods Preserve in the Northeast Tampa submarket continues to hold down positive net absorption numbers in this city's 30-million-sf total market.

ATLANTA-With overall vacancies near the 12% mark, Charles Brewer's Greenwood Street Properties reduces the unit total number to 150 from 300 at its planned 28-acre Glenwood Park development formerly occupied by a concrete-making plant.

ATLANTA-Directors John T. Glover and Robert L. Anderson have decided not to stand for re-election at Post Properties Inc.'s annual shareholders meeting May 27. Douglas Crocker II and Walter M. Deriso Jr. are expected to join the board at the meeting.

GAINESVILLE, GA-The founder and president of Endeco International expects to file preliminary development plans with the Georgia Mountains Regional Development Center next month for a 750,000-sf, two-tower condominium community here.