MIAMI-The senior vice president, investment/multifamily housing, posted $230.2 million in 2001 sales, bringing his 16-year production at CBRE to $1.9 billion on 23,000 apartment units.
ORLANDO-the Jacksonville, FL chapter of the National Associaiton of Industrial and Office Properties cited the firm for completing a 100,000-sf, class A corporate headquarters building for TNT Logistics; a 72,000-sf headquarters building for Tree of Life Inc.; and opening Building Two at the five-story Gran park Deerwood North. All of the projects are in Jacksonville.
COLEMAN, FL-Jeff Hover's complaint alleges the federal government misled residents of Indian Oaks subdivision by saying it would only build a single penitentiary and four low-security buildings on the 1,440-acre site.
TAVARES, FL-The 35-mile span from Interstate 75 in Sumter County to the Lake County-Orange County line would cost at least $22.6 million per mile to build or a total $791 million and open up thousands of rural acres for new commercial development in the three-county area. Tavares is 33 miles northwest of Downtown Orlando.
ATLANTA-The Chicago-based REIT paid M & J Wilkow Ltd., also of Chicago, $1.3 million for its equity interest in the 304,000-sf, 97%-leased Northlake Tower Festival Mall in suburban Tucker, GA.
ST. PETERSBURG, FL-The Orlando office of GMAC Commercial Mortgage Corp. arranged the financing for owner 3JG Trust's 1.13 million-sf business park, largest in the Tampa Bay metropolitan market. St. Petersburg is 80 miles west of Downtown Orlando.
SARASOTA, FL-One of the country's largest providers of 4,400 commercial rental sites to the telecommunications industry tells lenders Pinnacle Towers Inc., a subsidiary, can't make today's interest payment which was due March 15, to holders of Pinnacle Holdings' 5.5% convertible subordinated notes.
POMPANO BEACH, FL-Oregon's Mikami Brothers Trust pays PM Realty Advisors $5.36 million for the 60,819-sf, 5.15-acre Federal Express Corp.'s automated mail/package sorting and distribution facility at the Pompano Business Center.
ATLANTA-Stacey Corso, editor of Real Estate New York, a monthly Real Estate Media Inc. publication, will handle all aspects of commercial real estate in Atlanta's eight-county market, along with breaking major industry news in other Southeast areas. Corso may be reached at 212-929-6900 or [email protected].
PANAMA CITY BEACH, FL-The public/private Pier Park undertaking will comprise one million sf of retail, restaurant and entertainment product when completed in 20 years. The first phase is scheduled for completion in spring 2003.
