ORLANDO-Occupancy in the tourist submarkets of International Drive, East and West Kissimmee and Lake Buena Vista are down from July 2000 but still in the mid-70% range, about 10 points higher than the national average rate of 63.7%.

ORLANDO-The locally based arm of Germany-based Siemens AG will decide by Nov. 1 on a site in either Orlando, Pittsburgh or Ft. Worth, TX for a $122 million venture that will require 500 engineers, analysts and support staff.

ORLANDO-The locally based owner/operator of 109 celebrity-themed restaurants in 40 countries reports total first-half revenue of $185 million, up $4.3 million, but same-store sales at company-owned locations were down 3.5%. European locations are reporting strong sales.

ORLANDO-Harris Rosen would have the NBA team pay for the entire retrofit of the 12-year-old, 17,200-seat, 350,000-sf TD Waterhouse Centre. In exchange, the Magic would receive about $217 million in additional concessions and retail revenue on a 15-year, no-rent payment lease with the city.

CLERMONT, FL-The developer, Orlando-based Maury L. Carter & Associates Inc., is taking its permit renewal application to the full city council in 30 days, hoping to override a planning and zoning commission denial on the estimated $15 million, 25-acre venture, 25 miles west of Downtown Orlando.

LEESBURG, FL-The city manager of this Lake County city of 15,986 permanent residents is contracting to buy an estimated one-acre Downtown parcel for more than the property's $170,000 appraised value, but won't disclose the purchase price. Leesburg is 45 miles northwest of Downtown Orlando.

ORLANDO-A new mid-year capital markets overview by the Orlando office of CB Richard Ellis Inc. shows $77 million worth of deals done this year at an average price of $85 per sf compared to $215 million worth of transactions averaging $119 per sf in all of 2000.

PANAMA CITY, FL-Panama City Associates, owner of the 25-year-old, 600,000-sf Panama City Mall, is expected to use the money to renovate and expand the landmark regional retail center. Panama City in the Florida Panhandle is 250 miles northwest of Downtown Orlando.