ORLANDO-Orange County commissioners are expected to approve a $367,000 economic incentive package this week to make sure Siemens Westinghouse Corp. goes through with plans to build a 225,000-sf, $40 million call center near its two other buildings totaling 450,000 sf in east Orlando.
ORLANDO-The funding spigot for permanent financing loans remains open for most categories of commercial real estate properties, brokers tell GlobeSt.com.
ORLANDO-Although the vacancy level improved fractionally from the second quarter, there is still 821,427 sf of empty office, showroom and flex space among 58 properties with a total inventory of 6.3 million sf, largely in the south Orlando submarket.
ORLANDO-The president-elect of NAIOP's Central Florida chapter says smaller tenants who need 5,000 sf to 50,000 sf is the market segment developers should be targeting in 2002.
ATLANTA-HL-A Co. of suburban Bremen, GA, 30 miles west of Downtown, plans to add 268 jobs by 2004. HL is one of five Georgia suppliers providing parts for the Odyssey Minivan which is scheduled to begin full production Dec. 1 in Lincoln, AL.
ATLANTA-In one of the largest office deals this year, the San Mateo, CA-based business software systems provider is taking 55% of Pope & Land Enterprises' 14-story, 353,000-sf, $61 million office tower expected to break ground Nov. 5 at GA 400 and Abernathy Road in the central perimeter submarket.
RICHMOND, VA-Richmond Memorial Hospital sold the 56,888-sf, 100%-occupied Hanover Medical park's Office Building I at Memorial Regional Medical Center to Hanover LaSalle Medical Office LLC for $7.74 million.
ORLANDO-Apartment Investment and Management Co. of Denver is charged with lax security at the 200-unit Willow Park Apartments in suburban Altamonte Springs. The company denies the allegations.
ORLANDO-In one of the most bizarre property disputes seen locally in decades, 90-year-old Clarence Moore and his lawyers have failed to settle a seven-year argument over a two-acre tract the theme park needs for the development of a 70-acre, $100 million vacation ownership venture and a championship 18-hole golf course.
ORLANDO-The Atlanta-based home improvement retailer opened its 35th Expo Design Center today, an estimated $22 million property in affluent southwest Orlando where the Taubman-Forbes' 1.3 million-sf, $250 million Mall at Millenia is scheduled to open in fall 2002.