ST. AUGUSTINE, FL-Jacksonville investor Mike Pullen pays Bank of America Inc.'s Los Angeles division $1.7 million for the 140-acre, 29-year-old property, 150 miles north of Downtown Orlando.
SANFORD, FL-Larry Knightner, a turnaround specialist for 25 years with HUD, faces a 30-day deadline to improve 1,000 repair-needed apartments at Sanford Housing Authority's 12 complexes, about 25 miles north of Downtown Orlando.
ATLANTA-Coro Realty Advisors, a locally based firm headed by John W. Lundeen III, pays REES 328 LLC $13.75 million for the 90%-leased, 68,941-st Brookwood Square in north Atlanta near the affluent Buckhead district.
ATLANTA-Wells Real Estate Investment Trust Inc. declines to give the price or identify the seller. But brokers in a position to know tell GlobeSt.com the estimated contract price for the three-year-old, 19-story, 436,000-sf building is $82.84 million, based on Wells' recent acquisitions which have been averaging about $185 per sf.
ATLANTA-The New York-based restaurant is leasing 6,500 sf in a freestanding building to be constructed in the Central Park section of the planned $2 billion, 138-acre Midtown mixed-use venture.
JACKSONVILLE, FL-The real estate development arm of Florida East Coast Industries, however, took a hit in the rental and services column, reporting $16.4 million for the second quarter versus $17.1 million in the same 2002 period.
JACKSONVILLE, FL-With one million sf of dealership properties under construction in the Southeast, Stiles Construction Co. has won a $4 million, 35,230-sf Duval Acura contract and is completing a $5 million, 48,000-sf Duval Honda job for the owner, Scott-McRae Group.
ATLANTA-The 17-acre site on the west side of the city could be home to 400 apartment units or condominiums and 375,000 sf of retail in two years, area brokers familiar with the Commerce Drive submarket and city planning department staffers confirm to GlobeSt.com.
ATLANTA-USAA purchased an equity interest in 1100 Peachtree Street Tower Downtown and in Chastain Center office park in suburban Kennesaw, BellSouth officials confirm.
CLEARWATER, FL-In the Tampa Bay market alone, the national real estate brokerage firm closed 165 transactions valued at $140 million in the January-to-June period and aims to duplicate its 2002 record year of $336 million in closed contracts.