ORLANDO-Subleased space has swollen to 969,960 sf while worst-market honors in metro Orlando fall to the southwest sector with a 29% vacancy, Cushman & Wakefield of Florida Inc.'s newest study shows.

ORLANDO-A little-known item in William C. Demetree's 50-year real estate career is that he and his Orlando partners in 1965 sold the late Walt Disney the 12,400 acres in Lake Buena Vista, FL that became the Magic Kingdom, the hallmark of the 30,000-acre Walt Disney World attraction.

ORLANDO-The privately held Massachusetts investor paid Atlanta-based Post Properties Inc. about $20 million or $39,370 per unit in a $40.4 million acquisition package that includes the Post Ascension apartments in Arlington, TX.

ORLANDO-The Bonita Springs, FL-based multifamily and single-family developer sold the tract to Contract One and W.J. Keel Holdings of Plant City, FL for $1 million or $87,032 per acre ($2 per sf).

ORLANDO-Frustrated by seven years of unsuccessful searching for an anchor to his planned $100 million office/hotel complex, the Columbus, OH-based developer is exiting the Orlando market and expects to close on the 5.64-acre deal by year end, area land brokers intimate with the transaction tell GlobeSt.com on condition of anonymity.

ORLANDO-Softening restaurant and hotel markets are blamed for the Washington, DC-based company pulling out of a 10-year, 126,500-sf lease with four years remaining at the 733-acre Christopher C. Ford Industrial Park, operated by Lake County government near Groveland, FL, 25 miles west of Downtown Orlando.

ORLANDO-The Orlando/Orange County Convention & Visitors Bureau, headed by Bill Peeper, is projecting total visitors of $40.9 million, down from $45.1 million the bureau predicted in August.

ORLANDO-The locally based timeshare developer has acquired 76 of the 154 oceanfront condominiums at the seven-story Royal Sea Cliff Resort owned by Outrigger Hotels & Resorts of Hawaii. Vacation ownership industry sources tell GlobeSt.com the purchase price was at or below replacement cost of about $200,000 per unit.