ORLANDO-With average first-half occupancy at the 71.9% level and average daily room rates at $71.69, investors and lenders remain cautious, even though the first-quarter total visitors count was up .2% to 20.1 million, according to a new market analysis by Marcus & Millichap.

ATLANTA-The locally based subsidiary of European American Realty Ltd. has contracted to buy a one-acre Central Midtown lot for an undisclosed price next to the Federal Reserve Bank from Post Properties Inc. Area brokers tell GlobeSt.com the price will probably be in the $2-million-per-acre range.

MCDONOUGH, GA-Atlanta-based developers Central Henry LLC and Kirkland Road LLC are preparing to break ground by year end on an estimated $750,000, 400-space Park-N-Ride lot in this suburban city for the Georgia Regional Transportation Authority near its planned Avalon subdivision in Henry County.

ORLANDO-SE Residential East LLC of New York sells the 50-unit, 100%-leased Bottlebrush Apartments in Palm Bay, FL to Bottlebrush Apartments Inc. for $1.4 million, or $27,500 per unit.

JACKSONVILLE, FL-Peter Crolius, a vice president in TCC's Seattle business unit, will head the firm's project leasing services group that oversees 800,000 sf of office and industrial space in Northeast Florida. Traci Jenks joins TCC as a leasing team associate.

ORLANDO-Two Asian businessmen sell their 10-year-old land investment within The Parkway mixed-use development for an estimated $5 million, industrial real estate brokers tell GlobeSt.com.

ATLANTA-The local office of CB Richard Ellis Inc. also brokered a 62,000-sf industrial lease in suburban Forest Park, GA for W.S. Badcock Corp. and handled the $1.4 million sale of Oatey Co.'s 30,000-sf warehouse at 1847 South Cobb Industrial Blvd.

ATLANTA-After four years of searching for the ideal site, the locally based company spots a 30,000-sf, 15-year-old, former furniture warehouse building and snaps it up for $1.25 million, or about $41.67 per sf, a price that is below replacement cost, area brokers tell GlobeSt.com.