ORLANDO-Kent Buescher, president and CEO of Wild Adventures in Valdosta, GA is interested in buying the 223-acre, 67-year-old Polk County attraction, but so is Gov. Jeb Bush and his Florida Department of Environmental Protection.
ST. AUGUSTINE, FL-James F. Jacoby, who is building the $2 billion, mixed-use Atlantic Station in Midtown Atlanta, plans to break ground this fall on an estimated $25 million enterprise, encompassing 100 condos, 80 single-family residences and about 25 office/loft structures.
ATLANTA-Calling John A. Williams "the case of the CEO who wouldn't leave," Post Properties Inc. president/CEO David P. Stockert and chairman Robert C. Goddard III tell stockholders their investments could shrink if Williams wins his current proxy fight and returns as CEO.
ATLANTA-Locally based Lane Investment and Development Corp. is targeting a spring 2004 opening of 600 apartments and 69 condominiums at developer Jim Jacoby's $2 billion, mixed-used Atlantic Station project on the site of the former Atlantic Steel Mill.
ATLANTA-The mixed-use loft conversion in West Midtown near Downtown is offering space in 112 units for as much as $200 per sf. The property housed the King Plow farm equipment manufacturing firm from 1902 to 1986.
ATLANTA-Older Class C multifamily properties in Atlanta suburbs continue to sell quickly as indicated by the $7.15 million sale of the 264-unit, 321,216-sf, 35-year-old Morrowood Townhouse Apartments in Morrow, GA to Jamco Properties Inc.
ATLANTA-Locally based Advantis Real Estate Services Co. prepares for a turnaround in the soft office market as it plans to hire several brokers this year with experience in office leasing and investment sales. Nelson will be executive director and regional director of corporate services.
ORLANDO-The Orlando office of Primary Capital Advisors arranged a $10.7 million bridge loan with an affiliate of Merrill Lynch to cover the acquisition, leasing and marketing costs of its Florida properties in Orlando, Lakeland, Melbourne and Ormond Beach.
ORLANDO-The U.S. arm of Euro-American Advisors, the Don M. Casto Org., GDC Properties Inc., Tavistock Group and music entrepreneur Louis J. Pearlman are all trying to cut separate incentive deals with the city to revive the seven-acre, mixed-use Church Street attractions here.
ORLANDO-Despite speculation that Walgreen would be relocating from its two-building complex in Orlando Central Park to a new 690,000-sf facility in Jupiter, FL, Walgreen officials tell GlobeSt.com it needs both locations to service its 695 Florida stores.