ATLANTA-The North Miami Beach-based retail REIT expects to break ground by the summer on a 13.5 acre shopping center, anchored by a 44,840-sf Publix supermarket, on GA 20, west of McDonough in Henry County. Equity One has been scouting for revenue-generating neighborhood centers since acquiring the 95,597-sf Butler Creek property in July in Acworth, GA.
JACKSONVILLE, FL-The locally based retail REIT puts a $103.3 million gross price on the shopping centers totaling 461,534 sf. The transaction gives Regency Centers Corp. a 25% ownership interest in the joint venture relationship with Macquarie CountryWide Trust of Australia.
ATLANTA-The locally based Urban Residential Finance Authority is giving Harold Dawson Co. up to $33.5 million in construction financing to develop a 350-unit multifamily and retail complex at MARTA's Lindbergh Station.
ORLANDO-Despite 4,000 new units expected to surface by year end, the 140,000-unit metro market continues to attract investors who have closed 15 sales totaling 3,330 units and valued at $139.3 million in the first half, according to a new analysis by the local office of CB Richard Ellis Inc.
ATLANTA-Apartment developer Novare Group pays locally based Peachtree Portal LP/TCW Realty Advisors $8.2 million, or about $50 per sf for a nearly 3.8-acre site in one of the highest-priced per-acre dirt deals done this year in the central business district.
ORLANDO-Locally based eMax Corp., a holding company for family entertainment and media firms, wants to buy high-equity properties and other income-generating investment assets to take advantage of existing low interest rates.
ATLANTA-Brooks Land Inc., headed by J.D. Brooks, plans 2.1 million sf of commercial, 700 apartment units, 312 townhomes and 711 single-family residences in Chattahoochee Village II, a 725-acre venture off South Fulton Parkway.
JACKSONVILLE, FL-Jacksonville Landing Investments LLC, an affiliate of locally based developer Sleiman Enterprises Inc., pays the Maryland shopping center developer $5 million cash for the 16-year-old Downtown specialty marketplace.
NEW SMYRNA BEACH, FL-With buyers outnumbering sellers, the Miami-based brokerage firm had no problem selling the 60,631-sf Ocean Village neighborhood shopping center to SouthEast Property Associates for $3.45 million or $57 per sf.
ORLANDO-After serving six years as president and COO, John J. Nadler leaves to pursue other business challenges. Byron N. Carter will oversee residential and commercial operations until a permanent replacement is found.