ORLANDO-Regency Suites I LLC has started site work on a 352-unit venture on Regency Village Drive. The condo hotel has sold 190 units at an average $300,000 per unit, mostly to individual overseas investors.

DULUTH, GA-Wells Fargo Commercial Mortgage loans $23 million to 3312 Berkeley Lake Road Investors LLC, the new owner of the largest distribution center in Gwinnett County. GMAC Commercial Mortgage Corp. provides $12 million for Staybridge Suites in Savannah.

ATLANTA-The locally based developer buys the strategically located 500-space, seven-story Downtown structure at 98 Cone St. from an affiliate of Central Parking. The deal gives its tenants at Centennial Towers additional parking space, JOS CEO Scott Jackson tells GlobeSt.com.

ORLANDO-Although Orlando remains one of the hottest markets in the Southeast and the US, a new report sees total investment volume slowing; price per sf increasing slightly; and the number of neighborhood shopping center sales decreasing for the rest of this year.

ORLANDO-Although Orlando remains one of the hottest markets in the Southeast and the US, a new report sees total investment volume slowing; price per sf increasing slightly; and the number of neighborhood shopping center sales decreasing for the rest of this year.

ATLANTA-Michael Helton and Greg Toepp are the new faces at IDI in Atlanta and Florida respectively. At Wells, Jeff Gilder is the new managing director. Spencer Patton and Keith Willby move up to senior vice presidents in the acquisition section.

ORLANDO-Atlanta-based Boyken International names C.G. Sonny Jester Jr. to head the new section in the company's Orlando office. The global consulting group's mission is to avoid lawsuits filed by owners and developers on commercial real estate projects, Jester says.

CLERMONT, FL-The home improvements retailer withdraws plans for a $15-million store in Lake County's hottest hub as elected officials prepared to vote on the project. Clermont bars big-box developments more than 100,000 sf but has waived its regulation in the past for Home Depot Inc., Wal-Mart Stores Inc. and Target Inc.