ORLANDO-The Birmingham, AL-based lender funds the 18-year-old, 200-unit Meadowrun Apartments in north Florida with a $5.6 million loan at 7.4% interest and the 239-site Kissimmee Gardens with a $5.78 million loan through Fannie Mae at 6.26% interest.
MIAMI-The Pompano Beach, FL-based retailer paid Unisource Worldwide Inc. of Atlanta $4.4 million or $52.36 per sf for the 84,026-sf property in Miramar Park of Commerce, 20 miles north of Downtown Miami.
ORLANDO-The Chicago-based manufacturer paid Airport International Park $1 million or $123,294 per acre ($2.83 per sf) for 8.5 acres where a planned 112,000-sf warehouse complex will house its Biscuit and Snack Group (Nabisco brand) operations near Orlando International Airport.
ORLANDO-The wholly owned subsidiary of Vancouver, BC-based Intrawest Corp. is acquiring 800 Travel Systems Inc.'s call center, websites, URLs and Prestige Travel Systems, an 800-related company.
MIAMI-Condominiums and loft homes at the planned 48-story, 326-unit waterfront community on a 2.57-acre pad in Miami's Brickell financial district will be priced from $400,000 to $5 million. Pre-construction sales total $120 million since November 2001, the joint venture developer says.
ORLANDO-The Florida Elections Commission has filed 100 misdemeanor and third-felony charges against 12 statewide trade groups, including locally based Home Builders Association of Mid- Florida Inc. The total amount involved is $15,000.
ORLANDO-Orange County chairman Richard Crotty and other elected officials aren't expected to place a petition with 260 signatures from the newly formed Coalition for Property Rights on the front burner, even though the group concedes it has a public relations problem in the community.
MIAMI-Blue Bell-Meridian Partners Ltd., a Florida-based investment group, paid United Dominion Real Estate Trust of Richmond, VA $69,355 per unit for the 15-year-old, 248-unit apartment property on 42 acres at 145 Santa Clara Drive in Naples, FL, 140 miles northwest of Downtown Miami.
ORLANDO-The Bentonville, AR-based retailer's stand-alone, 55,000-sf, $4 million, 24-hour Neighborhood Markets are planned for Red Bug Lake and Dodd Roads near suburban Winter Springs, FL and Alafaya Trail and McCullough Road near the University of Central Florida's 35,000 student campus in east Orange County.
