ORLANDO-The 28-year-old, 193,000-sf Drew-19 Shopping Center, owned by Clearwater, FL-based Brown 19 LLC, is at 100% occupancy after signing 30,000-sf, five-year leases with new anchors Marshalls and Babies R Us.
MIAMI-New principals at Coral Gables, FL-based Abood Wood-Fay Real Estate Group are Michael T. Fay, president; Donna Abood, CEO; and Thomas D. Wood, chief operating officer.
MIAMI-Fort Lauderdale, FL-based Citrix Systems Inc., a 13-year-old software manufacturer, paid $55.1 million for the 140,411-sf, five-year-old Cambridge Executive I and the newly completed 140,778-sf Cambridge Executive II at 899 W. Cypress Creek Road, Fort Lauderdale.
ORLANDO-Investors are giving Florida lower priority this year as they move their money into ventures closer to home where they can better monitor the progress of a new company, PricewaterhouseCoopers says in its quarterly national survey.
MIAMI-The three-year-old Acme Realty Funding Inc. has closed $450 million of fixed-rate loans, property sales and structured deals since opening July 1, 1999. Acme owners Paul Whalen and Don Stevens will be part of Cohen Financial's expanded presence in South Florida.
MIAMI-Company CEO Joseph Lents doesn't return a phone call and e-mail message from GlobeSt.com asking for comment on the 12-day suspension in the Over-the-Counter marketplace.
ORLANDO-Dream Harvest Inc. is willing to pay $89.23 per sf for the 64-year-old, five-story, 325,000-sf former hotel resort property developed in Eustis, FL by the heirs of New York's Waterman Fountain Pen Co.
ORLANDO-The 17,000-sf property housing 64,000 collectors' items at the Mercado retail/entertainment complex on International Drive will be a mini version of the Rock and Roll Hall of Fame and Museum in Cleveland, Hard Rock officials say.
ORLANDO-The deal has surprised some brokers who tell GlobeSt.com the theme park had considered developing a new attraction on the site 10 years ago when Disney bought the dirt for 15 cents per sf.
ORLANDO-Chicago-based LaSalle Bank will be the lead bidder, hoping to acquire the 20-year, 919-room property whose owners owe the bank $29.5 million. Pritzker Properties of Chicago manages the hotel on a 20-year contract.
