ORLANDO-The Columbus, OH-based manufacturer/distributor/retailer will occupy an estimated 600,000-sf distribution center in the historic Georgia town of 18,162 permanent residents after Thomasville reportedly offered at least $132,000 or $300 per job for the expected 220 new jobs. Orlando offered a deal valued at about $70,000.
ORLANDO-In a cash-stock-debt deal, the Chattanooga, TN-based developer, largest owner of malls and shopping centers in the Southeast, paid Panama City Associates LLC $76.64 per sf for the 87%-leased property, 250 miles northwest of Downtown Orlando.
ORLANDO-After a five-year squabble with neighbors, a municipal judge has ordered Roger Holler to remove a fence around a 10,000-sf, city-owned lot behind his $1.7 million estate in affluent Winter Park. A retired physician neighbor sued the millionaire property owner.
MIAMI-Chicago-based Willis Stein & Partners sold the asset to Barry Diller's company in a 50-50 cash-stock deal. USA projects Interval will generate 2003 revenue of $220 million and $60 million of EBITDA.
ORLANDO-Suntel Inc. of Tampa, FL paid $28.33 per room for the 120-room Comfort Inn on Ulmerton Road near the Carillon Parkway Office Park. First National Bank of Florida funded the purchase.
ORLANDO-The former community development director at Walt Disney World and Terrabrook Inc. takes on similar duties for the Florida development arm of Toronto-based Great Gulf Group which is developing Lakes of Windermere at Horizons West near Disney.
MIAMI-She will be vice president/business development for the Fort Lauderdale, FL-based general contractor which is beefing up staff as it scouts for new work in South Florida.
ATLANTA-The Birmingham, AL-based retailer plans to sell specialty skin care and other household products from the 132-year-old, London-based merchant in Saks Fifth Avenue stores in Miami, Las Vegas, Houston, San Francisco, Chicago and Tysons Corner, VA.
ATLANTA-The Nashville, TN-based owner/operator of privately owned prisons has seven one-year renewal options for housing 1,500 inmates at its McRae, GA facility. Revenue is expected to start flowing in the fourth quarter of this year.
MIAMI-The 65-year-old, 40-room property on Ocean Drive in south Miami Beach is growing to 91 rooms to be designed by Jacque Garcia, the Paris interior specialist who designed the Danube restaurant in New York City and Le Passage lounge in Chicago. The shuttered hotel will open in fall 2003.
