TAMPA, FL-Completed new units in 2001 totaled 6,469 but only 2,720 apartments were rented. Even so, a new study by Carrollton, TX-based M/PF Research, finds the Tampa Bay hub one of the few markets in the country adding renters in late 2001.
UMATILLA, FL-The 68-year-old frozen juice processor can extend the lease on the 100-acre, 54-year-old plant for six years under a deal worked out with property owner Boeing Capital Corp. of Seattle. Umatilla is 35 miles northwest of Downtown Orlando.
WINTER SPRINGS, FL-The first of six planned retail/office buildings are expected to break ground in February with another 40,000 sf scheduled to start by year-end. Loft apartments or condominiums could become part of the project later.
ORLANDO-The largest producer of oil and gas in the United States, based on major assets in the Gulf of Mexico, Texas and Alaska, plans to add 24 new BP Connect retail outlets in metro Orlando over the next 24 months in a drive to pull ahead of 7-Eleven Inc. and 7-Eleven's fuel partner, Citgo.
FORT LAUDERDALE, FL-Richard C. Rochon has resigned to start a private equity investment and management company but will continue to serve as vice chairman of Boca Resorts Inc.'s board of directors.
ORLANDO-Sergio and Hortensia Urena, operators of the IPN Deli in lower Manhattan, paid Edward Costa $190,000 or $82.60 per sf for the 2,300-sf, 90-seat, 21-year-old restaurant at 5758 Dahlia Dr. The Urenas will continue to operate their New York property.
ORLANDO-The locally based Internet marketplace, headed by Michael Gerrity, allows consumers to get free quotes by sifting real mortgage offers made by participating brokers and lenders on REC's own network.
MIAMI-The state's largest professional association also names Tom Salomone, president-elect; Frank Kowalski, vice president-secretary; and Russell Grooms Jr., treasurer.
BONITA SPRINGS, FL-Jerry Starkey, president of WCI Communities Inc., sees customer traffic gradually returning to the multifamily, condo and single-family markets after a noticeable slowdown following the Sept. 11 terrorist attacks on New York and Washington, DC. Bonita Springs is 180 miles northwest of Downtown Miami.
ORLANDO-Area brokers, developers and constructors tell GlobeSt.com they expect tenants who need to be Downtown to remain there, even with the growth of new telecommunications tools.