DAYTONA BEACH, FL-Consolidated-Tomoka Land Co., one of the largest land development firms in the state, shows a net loss of four cents per share and earnings before depreciation and deferred taxes of another negative four cents per share for the quarter ended June 30.
ATLANTA-The St. Petersburg, FL-based firm, headed by Mel Sembler, US Ambassador to Italy, has filed preliminary plans with the city and the Georgia Regional Transportation Authority for the construction of 480,000 sf of retail and 60,000 sf of office across from Perimeter Mall.
ATLANTA-The 12-year-old, 687,000-sf property at 3200 Windy Hill Rd. in Wildwood Office Park is named the most environmentally friendly building in North America. In addition, the 27-story, 420,000-sf 230 Peachtree building wins a TOBY Award for excellence in office building management and operations in the renovated buildings category.
ATLANTA-The Miami-based REIT acquires the 98%-leased, 95,597-sf Butler Creek Shopping Center, 25 miles northwest of Downtown Atlanta, from Georgia investor David C. Rowe for $126.57 per sf.
ATLANTA-Out of Chapter 11 completely in April, the independent owner of 18,265 hotel rooms in 97 properties, makes it official by naming interim CEO W. Thomas Parrington president and CEO of the reorganized company.
TAMPA, FL-Coca-Cola Enterprises has opened a multi-million-dollar customer development center in suburban Temple Terrace after purchasing the 12-year-old, 86,000-sf structure for "under $100 per sf" or an estimated $6.88 million, area brokers familiar with the submarket tell GlobeSt.com.
ATLANTA-The locally based REIT, owner of the Jameson Inn and Signature Inn economy brand, also reports the average daily rate decreased by 75 cents while occupancy rose 0.3% from June 2002.
ATLANTA-The former Georgia Tech University quarterback, who heads locally based Dewberry Capital Corp., acquires about a half acre (21,780 sf) at the northeast corner of 19th and Spring streets near a Peachtree Street site where he plans to erect two office towers, two high-rise condo communities and a 600-unit apartment complex, according to preliminary plans filed with local government departments.
ORLANDO-Trammell Crow Co.'s senior vice president and Florida director of retail services will work with a 10-executive team on strategies for clients across the country.
ORLANDO-The Boston-based real estate investment firm and New York-based Greenstreet/Niosi Capital Partners jointly acquire three existing office and flex-space buildings and 27 acres of prime development land in Central Florida Research Park in one of the hottest office submarkets in the metro area.
