ATLANTA-Collateral Mortgage Capital LLC of Birmingham, AL and Fannie Mae are providing property owner Ike Thrash permanent financing at 7.36% interest for 10 years on the 222-unit, 33-building Country Club Apartments in Tuscaloosa, AL.
ATLANTA-The Birmingham, AL-based retailer has contracted with the Richard E. Jacobs Group of Cleveland, OH to open an 80,000-sf, two-level structure by fall 2004 at the 1.3-million-sf Triangle Town Center which opens Aug. 14 of this year.
ORLANDO-Austin, TX-based Fired Up Inc. is contracting with New York-based T.L. Cannon Management Corp. and TLC South LLC to develop an undetermined number of Italian-styled restaurants in Florida communities where barbecued offerings are usually king.
ORLANDO-Zion's Hope Inc., a so-called non-profit group headed by a Baptist minister who converted from Judaism, expects to break ground by fall 2003 on a replica of Noah's Ark with live animals; an exhibit on creationism; and a 1,600-seat outdoor theater.
ATLANTA-In a $1.5 billion investment, the Columbia, MD shopping center developer acquired eight regional properties including the 1.32-million-sf Streets at Southpoint in Durham, NC; six major sites in other markets; and raised its equity share in the 31-year-old, 1.48-million-sf Perimeter Mall, Atlanta.
MIAMI-Metropolitan Life Insurance Co. of New York sold the three-story, 69,708-sf, 87%-leased Brandywine Center I office/restaurant complex in West Palm Beach, FL for $7.04 million or $100.57 per sf in March, as GlobeSt.com previously reported.
MIAMI-Metropolitan Life Insurance Co. of New York sold the three-story, 69,708-sf, 87%-leased Brandywine Center I office/restaurant complex in West Palm Beach, FL for $7.04 million or $100.57 per sf in March, as GlobeSt.com previously reported.
MIAMI-The high-end leisure resort operator posted net income of $16.21 million or 40 cents per diluted share for the third quarter of fiscal 2001 that ended March 31. The company did $26.6 million or 64 cents per share in the comparable 2000 period.
ATLANTA-The locally based owner/operator of 11.3 million sf of gross leasable area in 20 states posted first-quarter net income of $6.4 million or 19 cents per share versus $13.1 million or 40 cents per share for the first three months in 2001.
ORLANDO-Co-Developer Michael B. Vlass has also selected the McGarey Group of California, theater consultant; Martin, Mantle and Bignon of Orlando, marketing; and Staubach Co. of Dallas, leasing.
