JACKSONVILLE, FL-The wholly owned, Little Rock, AR-based subsidiary of General Motors Acceptance Corp. will be taking an entire five-story, 123,298-sf office building on an estimated five-year lease at the 932-acre Flagler Center in Jacksonville, FL.
ORLANDO-Workstage LLC, a Grand Rapids, MI-based developer owned by the Gale Co. and Steelcase Inc. is fast-tracking the 43,000-sf, build-to-suit project in a public-private venture for Oakland, FL: an Orlando suburb with a population of 936.
ATLANTA-New York investor-developer Joseph J. Sitt expects to complete a deal with Atlanta-based O'Leary Partners Inc. by March for the 33-year-old, 700,000-sf regional shopping center in Decatur, GA.
ATLANTA-The 25-year-old, locally based retailer pays Vinings, GA-based M.D. Hodges Enterprises $250,000 per acre or $5.74 per sf at Hodges' 416-acre, mixed-use Huntcrest development near Suwanee, GA, 30 miles north of Downtown Atlanta.
ORLANDO-The 84-year-old frozen food magnate is selling one of the two parcels for $1 million per acre or $22.96 per sf. Colonial Properties Trust and CNL Financial Group Inc. are interested, area brokers tell GlobeSt.com.
ATLANTA-Gulf South Medical Supply Inc. of Jacksonville, FL is taking 63,642 sf for five years at Riverside Logistics Center, a two-building, 194,000-sf property expected to be completed this quarter at a hard construction cost of $5.3 million.
ATLANTA-The locally based bank paid $130 million in cash and stock ($42.80 per share) for nine-year-old Lighthouse Financial Services, the largest lender on the South Carolina resort island.
ORLANDO-The 84-year-old frozen food magnate is selling one of the two parcels for $1 million per acre or $22.96 per sf. Colonial Properties Trust and CNL Financial Group Inc. are interested, area brokers tell GlobeSt.com.
ORLANDO-The Deerfield, IL-based retailer is vacating its 22-year-old, 180-employee Orlando distribution center and moving in March to its 690,000-sf property in Jupiter, FL, about 150 miles south of Downtown in Martin County.
ORLANDO-New York-based Lake McLeod LLC sells prime 14.2-acre tract to East Towne Center LLC/Regency Centers of Jacksonville, FL for $1.82 million or $2.94 per sf. The site is 25 miles west of Downtown Orlando.