JACKSONVILLE, FL-Shareholders will be given increased information on the company's operations, says Hugh M. Durden, a company director who chairs the new section. Other directors in the group are Herbert H. Peyton, Walter L. Revell and John D. Uible.
ATLANTA-Parker Hudson's 30 years of industry experience is expected to benefit locally based Wells Real Estate Funds, where he becomes vice president of dispositions. Hudson's arrival comes as Wells forms two new teams within its acquisitions group.
ATLANTA-The Arkansas-based retailer anticipates breaking ground on the $40 million structure in October with an opening slated for summer 2004. Another Dillard's will open by fall 2004 at the $2 billion Atlanta Station venture under construction here. This brings Dillard's Atlanta portfolio to 1.2 million sf.
ORLANDO-At 59, David H. Hughes is turning over the chief executive officer's suite at locally based Hughes Supply Inc. to Tom Morgan, 49, who has been president and chief operating officer of the national construction materials company since 2001.
ORLANDO-At 59, David H. Hughes is turning over the chief executive officer's suite at locally based Hughes Supply Inc. to Tom Morgan, 49, who has been president and chief operating officer of the national construction materials company since 2001.
CRESTVIEW, FL-One of North Florida's largest private property owners, the chairman of the Escambia County board of commissioners and former president of the Florida Senate, is fighting his conviction on bribery and corruption charges involving two land deals totaling $6.2 million.
JACKSONVILLE, FL-Beach Center LLC paid New Vision Properties $3 million or $85.23 per sf for the 100%-occupied, 35,200-sf office-retail-showroom-warehouse complex at 11744 Beach Blvd. in Jacksonville, FL. Buyer and seller are from Jacksonville.
DAYTONA BEACH, FL-Developer Bill Geary plans to build two 250-room hotels, an undetermined number of timeshare units, carnival rides, an arcade and about 50,000 sf of retail-restaurant space on the beachside, north of Main Street.
ATLANTA-Dwight Morgan, the division's chief operating officer since 1998, joined Skanska USA Building Inc. in 1988 as a project manager. The 98-year-old division, which has built some of Atlanta's most notable landmark structures, posted 2002 revenue of $907 million.
ORLANDO-Kevin Azzouz negotiates a $4 million, 10-year economic incentive package with city officials who are gambling the planned 30-acre Veranda Park venture at the MetroWest community will pay off in increased taxes and other new development.
