ORLANDO-Lord John Montagu, whose family is credited with discovering Hawaii, and Robert Earl are investing $2 million in creating the first of a chain of global restaurants called the Earl of Sandwich Shops. The flagship site will be at Downtown Disney's Marketplace.
ATLANTA-Locally based Rare Hospitality International Inc. promotes David C. George, a seven-year professional at RARE who was serving as senior vice president of operations for the LongHorn division since October 2001.
ATLANTA-Macfarlan Real Estate Investment Management of Dallas purchases the nine-year-old, 176,000-sf printing press manufacturing property from Heidelberg USA Inc. for $97.73 per sf. Heidelberg is leasing the asset for 23 years at an undisclosed aggregate rent.
WINTER PARK, FL-Demand for the blended high-end product is growing in metro Orlando as the $70 million, 110-unit Regent Winter Park Hotel, Spa and Residence signs sales contracts for 13 of the 23 condos and 12 of the 37 suites.
OCALA, FL-The Indianapolis, IN-based REIT buys the 100%-leased, 19,561-sf Urology Center of Florida in Ocala, FL; the 83%-leased, 144,515-sf Morningside Professional Plaza in Port St. Lucie, FL; and 10 other properties in the Southeast.
ORLANDO-Suzanne H. McElyea, a 20-year accounting professional specializing in leases and joint ventures, becomes senior vice president of acquisitions for locally based Commercial Net Lease Realty Services Inc.
ATLANTA-Local developer Bill Swearingen is selling the historic 1883 property and two-thirds of the 3.4-acre Midtown block to the Trust for Public Land and the Georgia Trust. The groups need to come up with $4.5 million to buy the property and restore the house and grounds.
ATLANTA-MARTA station areas win 20% of the federal transportation grants, distributed by the Atlanta Regional Commission, to 25 area communities to help them create active retail, commercial and multifamily ventures in blighted corridors.
ATLANTA-David E. Hawthorne, president and CEO of the Atlanta-based firm, is bowing out as W. Thomas Parrington, a Lodgian director, steps in as interim chief executive officer of the five-year-old company.
SANFORD, FL-After years of talk and planning, this suburban Orlando city of 30,000 permanent residents is close to signing a deal with Suncor Investments Inc. of Heathrow, FL to build an $18 million, 53,000-sf Downtown facility.
