ORLANDO-The locally based, reorganized timeshare developer's Grand Vacation Co. paid an estimated $5 million or about $100,000 per room for the Royal Regency Hotel in the Vincennes district, one of the city's more desirable residential areas.

ORLANDO-The 17-year-old, 141-store Los Angeles-based company is leasing 5,000 sf for an estimated five years at the new wing of the 1.6--million-sf Florida Mall in south Orlando.

ORLANDO-Xentury City Development Co. of Orlando has until Oct. 1 to strike a deal with Osceola County on a planned 500,000-sf meeting/ exhibition structure and 30-story, 1,000-room hotel. Xentury is donating the $30 million, 30-acre parcel for the venture.

ORLANDO-Sandra Chase becomes the first female broker in Central Florida to take over a million-sf-plus suburban office leasing assignment. Senior vice president Tom Green, who had handled leasing, will focus on new operations and development for the Birmingham, AL-based REIT.

ORLANDO-Nashville, TN-based Symbion Healthcare, a national surgery center developer, and Mount Dora, FL-based GC Development Group plan to break ground by year end on a 12,000-sf outpatient surgery center at the 47-acre Lakeview Center in Tavares, FL.

ORLANDO-Central Florida Blood Bank expects to close the $12.5 million deal on the 108,000-sf office structure and the 80,000-sf industrial asset in October at an aggregate below-replacement cost of $115.74 per sf.

ORLANDO-The 484-unit Saratoga Springs Resort Spa is being built within the dying, five-year-old, 16-acre Disney Institute near Downtown Disney and Pleasure Island. Units will sell for $12,000 to $150,000 per week.

ORLANDO-Once a Disney-owned company, St. Joe Co.-owned Arvida expects to close on the deal in Celebration, FL by year end at an estimated $2 million per acre ($45.91 per sf), Orlando area brokers intimate with the north Osceola County submarket tell GlobeSt.com on condition of anonymity.