ORLANDO-General Real Estate Corp. pays Picerne Development Corp. $80,000 per unit for the Harbour Key Apartments. This is General Real Estate's second multifamily acquisition in the area this year.

ATLANTA-John E. Bell, managing director and Atlanta development partner for Trammell Crow Residential for the past two years, moves to Lane Investment & Development LLC, the development subsidiary of multifamily developer Lane Co.

JACKSONVILLE, FL-The shopping-center developer alerts industry analysts that diluted FFO per share in Q1 are expected to be in the range of 83 cents to 85 cents per share. This is an increase from the previously issued guidance of 75 cents to 80 cents per diluted share.

JACKSONVILLE, FL-The developer says Q1 FFO is expected to be in the range of 83 cents to 85 cents per share, up from 75 cents to 80 cents.

FAIRBURN, GA-The locally based developer files preliminary plans with the Georgia Department of Community Affairs for a 1.8-million-sf industrial and distribution center. Local construction sources tell GlobeSt.com the property will have an estimated $846-million development cost.

FAIRBURN, GA-The locally based developer files preliminary plans with the Georgia Department of Community Affairs for a 1.8-million-sf industrial and distribution center. Local construction sources tell GlobeSt.com the property will have an estimated $846-million development cost.

McDONOUGH, GA-The 287,400-sf lease is the first at the opening 417,400-sf phase of the 2.9-million-sf spec-built King Mill Distribution Park in this southeastern Atlanta suburb. Industrial brokerage sources tell GlobeSt.com the lease at the under-construction building is probably for 10 years at an effective rent of $2.50 per sf.

ORLANDO-The Hallandale-based condo converter pays Olympic Hawthorne Village LLC $38 million for the 364-unit Hawthorne Village community. The transaction represents the ninth conversion in Orlando in the last 18 months for SunVest Communities USA LLC.