JACKSONVILLE, FL-A locally-based REIT, with gross assets of $3.3 billion, sells five grocery-anchored shopping centers totaling 439,422 sf to a previously established joint venture with Macquarie Countrywide Trust of Australia for about $125.84 per sf.
JACKSONVILLE, FL-A locally-based REIT, with gross assets of $3.3 billion, sells five grocery-anchored shopping centers totaling 439,422 sf to a previously established joint venture with Macquarie Countrywide Trust of Australia for about $125.84 per sf.
ATLANTA-Vulcan Materials Co. is appealing a Fulton County commission's ruling that changed zoning on a 21-acre tract from agricultural to M1-A which allows only warehouses, research and other commercial uses, according to a published report.
ATLANTA-After two years of public discussion, the county has approved the 515-acre Crabapple Crossroads which could have 100,000 sf of office and 100,000 sf of commercial space, according to a published report.
ORLANDO-Daryl M. Carter, Jim Heistand and Jeffrey Douglas bought a 90-acre property in Boynton Beach, FL last September from for $21.75 million or $5.55 per sf and sold off 29 acres last week for $12.2 million or $9.66 per sf.
ATLANTA-The 143-year-old, London-based firm selects the Atlanta office of Advantis Real Estate Services Co. to find a tenant for the vacant three-year-old, 313,581-sf 101 Aquila Way Building owned by Crescent Resources LLC.
ORLANDO-Apopka Regional Center LLC, a private investor group from Garden City, NJ, pays Zapolski & Rudd $70.18 per sf for the 17-year-old, 171,000-sf property in suburban Apopka, FL, 15 miles northwest of Downtown Orlando.
TAMPA, FL-Expanding its Tampa, FL presence, the Irvine, CA-based firm names Bill Bach senior investment advisor. Bach has 22 years of experience in the Florida commercial real estate market.
ATLANTA-Following a growing national trend among municipalities and counties, Henry County paid $251,000, or $10,811 per acre, for a 23.2-acre tract next to a planned 1,477-acre reservoir that has generated controversy, according to a published report.
ST. PETERSBURG, FL-The Richmond, VA-based REIT paid $30.7 million or an average $66,164 per unit for the 464-unit, 89%-leased Inlet Bay at Gateway Apartments, about 80 miles west of Downtown Orlando.