ORLANDO-Acting as trustee for separate trusts, Daryl M. Carter, president of Maury L. Carter & Associates Inc., sold 3.6 acres in Seminole County for $1.23 million and purchased an 18,900-sf industrial building in Downtown Orlando for $720,000.
ATLANTA-The National Association of Home Builders cites Mashella Hampton for overall excellence in marketing the 16-month-old, 296-unit Highlands on Ponce. Her strategies included holding wine-tasting and shopping spree events for residents.
ATLANTA-John K. Hutcheson, SVP and CFO of the locally based unit of St. Joe Co., has been promoted to COO and will hold all three titles. He is credited with helping Advantis grow its presence in the Southeast and Mid-Atlantic markets.
ATLANTA-The 80-year-old, 10-story former Federal Reserve Bank of Atlanta is being sold by the city, the Atlanta-Fulton County Recreation Authority and Turner Broadcasting System Inc. to the highest bidder with no set asking price.
BRADENTON, FL-Collaterial Mortgage Capital LLC of Birmingham, AL underwrote the 10-year, 5.43% interest loan for the 382-space Ridgewood Manufactured Home Community on Florida's West Central coast in Ellenton, FL, about 85 miles west of Downtown Orlando.
ORLANDO-With interest rates at record lows, properties that can be purchased on an all-cash basis are commanding premium pricing, reports Robert W. Miller, SVP in the Orlando office of CB Richard Ellis Inc.
ORLANDO-With a 12% direct vacancy in all classes Downtown and in the Orlando suburbs, a new Colliers International market analysis projects demand nationally and locally will be weak, at least until the third quarter.
ORLANDO-With only 90 days left before the 1,000-room JW Marriott and the 585-room Ritz-Carlton are scheduled to open, Marriott International Inc. has launched an atypical hiring approach believed to be the first in the state's hospitality industry.
ATLANTA-After a three-month search for customized refrigerated and dry freight space, CB Richard Ellis Inc. has found WEL Cos. 64,400 sf in suburban McDonough, GA where the company will be opening its eighth and largest national terminal.
ATLANTA-Duke Realty Corp. officials couldn't be reached for the closing price. But area brokers tell GlobeSt.com that 800 North Point and 900 North Point probably sold for $100 per sf. An adjoining 37-acre tract, part of the deal, had an estimated sale price of $80,000 per acre.