ORLANDO-The biggest success in retail this year has been in capital markets, 3,000 delegates learn from a special report presented by the local office of Trammell Crow Co. at the 2003 Florida ICSC conference at the Gaylord Palms.
JACKSONVILLE, FL-The locally based REIT also is selling 3.6 million shares of its common stock at $35.96 per share, a Wall Street price expected to net the company $123.6 million after the offering closes Monday.
ORLANDO-The University of Central Florida's quarterly analysis shows Orlando generated 6.56 authorized building permits based on 1,000 non-farm jobs for multifamily and single-family dwellings from January through March.
ATLANTA-Locally based Roberts Realty Investors Inc. says it lost $922,000 in the second quarter ended June 30 and $1.8 million for the first half as company officials see no improvement for the rest of the year.
JACKSONVILLE, FL-The locally based REIT is also selling 3.6 million shares of its common stock at $35.96 per share, a Wall Street price expected to net the company $123.6 million after the offering closes Aug. 18.
ORLANDO-Erik Schwetje joins Trammell Crow Co.'s industrial group where he will be leasing class A assets throughout the metro markets. Year-to-date, Crow has signed 700,000 sf of leases and sold 580,000 sf of industrial product with 1.1 million sf currently on the market.
TAMPA, FL-Zapolski + Rudd LLC pays New York-based Clarion Partners about $111,111 per unit for the seven-year-old, 52-building, 315-unit Hamptons at Tampa Bay garden apartment community in a deal that took five months to complete.
ALPHARETTA, GA-The planning commission in this suburban community, where the 220-acre, mixed-use venture will be developed near the North Point Mall, likes the plan and passes the undertaking to the City Council which will make the final vote on the rezoning request Aug. 25.
ATLANTA-Locally based Robert Pattillo Properties, which has more than 10 million sf in completed national industrial projects to its credit, plans to build up to 2.75 million sf of new distribution space south of McDonough, GA, according to preliminary plans filed with local governmental agency officials.
CLERMONT, FL-In a tense three-month land-buying contest where the players didn't know their competition, the Atlanta-based institution's final offer of $1.34 million bested a $1.31 million offer for a prime 1.3-acre parcel in front of a Publix Supermarket at the East Town Center shopping center in one of Central Florida's hottest commercial development markets.