ATLANTA-Rich's-Macy's is also preparing to break ground at the four-year-old, 1.2-million-sf shopping center in Douglas County, according to a published report.

ORLANDO-In one of the highest per-sf restaurant-retail prices this year in Central Florida, locally-based Darden Restaurants Inc. pays $1.8 million, or about $12,000 per seat, for the 150-seat, 8,636-sf Taza Restaurant in south Orlando.

ORLANDO-Duke Properties Inc. of suburban Winter Park, FL, an industrial-focused firm, and Morbitzer Group, a Maitland, FL-based company specializing in retail management, are merging into Coldwell Banker Commercial NRT in Winter Park.

JACKSONVILLE, FL-Taking advantage of today's historically low mortgage rates, the owners of the 33-year-old, 304-unit, 30-building Silver Creek and Desert Winds multifamily community in Jacksonville, FL plan to use part of the proceeds to pay off existing debt.

ATLANTA-Local developer Stan Cameron plans Briddle Creek with 114,940 sf of commercial space, 202 townhomes and 137 single-family residences in Locust Grove, GA, according to a published report. Another developer, Lake Erma LLC, plans The Links at Walnut Creek around Lake Erma, with 630 townhomes.

ORLANDO-Apartment Realty Advisors of Boca Raton, FL cites continuing population growth and a construction slowdown of new product as factors that will keep the occupancy level in the 91% to 94% range this year.

ATLANTA-The locally-based REIT, which has been trading on the New York Stock Exchange since 1962, has updated its SEC registration statement which now registers debt securities, common stock and warrants to purchase common stock and has about $130 million available.

ORLANDO-Small bay warehouse space is just what Orlando-based Masco Contractor Services Central Inc. was looking for. The firm first found 22,500 sf at Monroe Commerce Center South in suburban Sanford, FL; then went back three weeks later to lease another 10,000 sf.