ORLANDO-Despite an overall average vacancy level approaching 17% in Central Florida, the brokerage's Orlando office closed contracts valued at an estimated $6.87 million in suburban Maitland, FL.
ATLANTA-The California-based global architectural firm will blueprint the master plan for Coke's 20-acre Downtown site, planned to also feature a $200 million, 250,000-sf Georgia Aquarium.
ATLANTA-The locally based apartment developer's funds from operations, net income, revenue and occupancies at 66 multifamily communities were all down for the July-September period and year-to-date.
ORLANDO-An early October spurt brought the 10-month count to $166 million in sales, versus $288 million for all of 2001. A new CB Richard Ellis Inc. analysis projects buyer demand will remain high but that supply and cap rates will stay low.
ORLANDO-Rybolt Ranch owner Eloise Rybolt denies any venture is planned on her 2,000-acre ranch and Orange County officials haven't received a formal rezoning application. But brokers intimate with the proceedings tell GlobeSt.com an early stage deal is in the works.
ORLANDO-Investment sales lag with no institutional grade portfolios on the selling block and no big deals posted in the third quarter, Trammell Crow Co.'s newest analysis shows. The Bee Line submarket in south Orlando is at a direct vacancy level of 29%.
ATLANTA-The Sembler Co. of St. Petersburg is asking the city to rezone the 42-acre Atlanta Gas Light Co. tract in the Little Five Points district where the developer would build 500 homes to complement the retail.
ORLANDO-The Sarasota, FL-based cell phone-site developer gets an equity investment of $205 million from New York-based Greenhill Capital Partners and Fortress Investment Group; a new chairman in Wesley R. Edens; and a new vice chairman in Robert H. Niehaus.
ORLANDO-Regional Development/Lake Hart LLC of Orlando pays locally based Daryl M. Carter, trustee, Carter-Lake Hart Land Trust, $7.25 million cash for three parcels on the south side of Moss Park Road. The venture has been in the works for 10 years.
ATLANTA-Owners of the 75-year-old, 645,695-sf former Macy's department store at 180 Peachtree St. NE made the move after two telecommunication tenants separately filed for Chapter 11 protection.