OSTEEN, FL-Developer George L. Hart plans to erect 34 10-story buildings housing a total 4,800 condominium homes on 400 acres he hasn't closed on yet. He outlined plans in a letter to the City of Deltona but hasn't filed a formal preliminary plan.
ATLANTA-The locally based international hotel chain manager reports fourth-quarter 2005 revenue rose $5.2 million to $76.8 million, compared to $71.6 million for the same 2004 period.
TAMPA, FL-Marcus & Millichap and Prudential CRES Commercial Real Estate see no letup in demand by investors. However, interest rates are rising and lenders are reviewing the deals more closely this year than in 2005, the company's top brokers tell GlobeSt.com.
ATLANTA-Ashton Woods Homes is asking Cobb County commissioners to approve the rezoning of seven acres in the existing office and residential development on Powers Ferry Road, just south of Wildwood Parkway.
LA GRANGE, GA-State officials call talk of Hyundai's plans for a $1.2-billion manufacturing campus near LaGrange "pure speculation." But Kia has been scouting sites for the past year in Chattanooga, TN; Decatur, AL; Aiken, SC; Hopkinsville, KY; and Meridian, MS, according to industry sources.
LA GRANGE, GA-State officials call talk of Hyundai's plans for a $1.2-billion manufacturing campus near LaGrange "pure speculation." But Kia has been scouting sites for the past year in Chattanooga, TN; Decatur, AL; Aiken, SC; Hopkinsville, KY; and Meridian, MS, according to industry sources.
ATLANTA-The developer-investor acquired the 216,735-sf 1776 Peachtree office building for $19 million in December 2005 and the 103,962-sf 2400 Lake Park property in July for $6 million. The properties are 50% leased.
ORLANDO-Prudential Florida WCI Realty, and Vance Realty Group decline to disclose the transaction price. However, area brokers specializing in business sales tell GlobeSt.com the price could be in the $20-million to $25-million range.
ORLANDO-The office supplies retailer takes 23,052 sf at the 327,477-sf shopping center, bringing it to 100% occupancy. Boca Raton-based Woolbright Development Inc. owns the center.
ORLANDO-The office supplies retailer takes 23,052 sf at the 327,477-sf shopping center, bringing it to 100% occupancy. Boca Raton-based Woolbright Development Inc. owns the center.