BRADENTON, FL-South Florida syndicators Maurice Egozi and Alan Sakowitz bought the 289,110-sf, 26-acre Cortez Plaza here for $21.2 million in June 2002 and sold the 98.7%-leased shopping center in October of this year for $26.8 million.
ORLANDO-Junior Achievement of Central Florida honors Bill Demetree, the co-founder of Demetree Builders Inc. which secretly sold 12,400 acres in 1965 to the late Walt Disney who was covertly assembling a 30,000-acre enclave for his Walt Disney World attraction.
ATLANTA-The Little Rock, AR-based retailer expects to break ground in first quarter 2004 on a 200,000-sf store at the former JCPenney site at the Perimeter Mall and a 225,000-sf store at the Atlantic Station redevelopment in Midtown.
ORLANDO-Locally based CNL Restaurant Capital LP completes a series of transactions with Nashville, TN-based O'Charley's Inc. as part of a debt recapitalization program.
CANTON, GA-In an ongoing Georgia buying spree, the North Miami Beach, FL-based REIT pays Atlanta-based Sixes Commercial LLC a premium $14.1 million 78,654-sf, 94%-leased Market at BridgeMill.
ATLANTA-Peering into his crystal ball, John M. Leonard, vice president and regional manager of Marcus & Millichap's local office, sees new jobs, corporate expansions and business relocations happening in 2004.
ORLANDO-Taking advantage of a slight leasing recovery in the metro area's 90-milion-sf industrial real estate market, the senior directors in the local office of Advantis Real Estate Services Co. closed on transactions totaling 110,763 sf and valued at $4.2 million in a one-week period.
ORLANDO-A week after paying $7.2 million to Chicago entrepreneur Sam Zell for the Wood Forest Apartments community in Daytona Beach, the Jupiter, FL-based investment firm buys the 200-unit, Lakeside South apartment complex in south Orlando for $9.7 million.
TALLAHASSEE, FL-The senior lobbyist for the National Association of Realtors will be based in the local office of the Florida Association of Realtors where he will fill the newly created position of vice president of public policy.
ATLANTA-The Oak Brook, IL-based retail REIT adds 90,566 sf to its metro-area portfolio with the purchase of the Clearwater Crossing shopping center at in suburban Flowery Branch, GA.