ORLANDO-Large industrial tenants are consolidating distribution centers into 500,000-sf-plus structures at fewer locations but at properties built to their specifications, brokers, developers and owners tell GlobeSt.com.
ORLANDO-A growing number of distribution center consolidations mean some owners will need customized 500,000-sf-plus properties at key transportation hubs to better manage their assets, brokers tell GlobeSt.com.
ORLANDO-The 54-year-old executive director of the Downtown Development Board joins locally based Real Estate Research Consultants Inc. in February as a senior vice president.
ORLANDO-The world's largest casual seafood dining conglomerate is reporting first-quarter earnings of $62.2 million or 51 cents per diluted share on sales of $1.08 billion. Analysts had forecast a profit of 50 cents per share.
ATLANTA-The locally based, online solutions provider for maintenance, repair and operations to the commercial real estate industry didn't disclose the acquisition price.
ORLANDO-The locally based celebrity-themed restaurant chain has closed 30 locations since May 2000, leaving it with 50 sites worldwide, industry consultants intimate with the company's reorganization plans tell GlobeSt.com.
ATLANTA-After winning a 1.2 million-sf leasing/management contract from New York-based Koala Realty Holding Co. on three Southeast-based Koger Office Centers Sept. 20, Chicago-based JLL is subcontracting the assignment to the Atlanta office of Advantis Real Estate Services Co.
ORLANDO-The Greater Orlando Aviation Authority is tabling the new work for 30 days until it can determine how much design revision is needed to comply with new Federal Aviation Agency rules on security. But other construction work on the $1 billion growth program continues.
RICHMOND, VA-The office properties are the 700,000-sf Koger Center West End in Richmond, VA; the 250,000-sf Koger Center at the Crossroads in Raleigh, NC; the 233,000-sf Koger Center Norfolk in Norfolk, VA; and the 30-building, 1.5 million-sf Koger Center in Miami.
ATLANTA-Cynthia Holt brings 18 years of industry experience to her new position. She leaves Jordan, Jones & Goulding, a locally based site development group.