ATLANTA-CBL & Associates Properties confirms it finally has an option to buy 200 acres at an undisclosed price for a regional shopping center about 20 miles south of Downtown.
MOUNT DORA, FL-The 37-year-old, 6,500-sf, Colonial-styled city hall building, 28 miles northwest of Downtown Orlando, is too small for staff and public meetings, but residents and city council reject a proposal for a $3.1 million, 21,000-sf expansion.
MELBOURNE, FL-The 18-year-old, 114-unit apartment complex, 90 miles southeast of Downtown Orlando, has a $3.6-million loan at 7.12% on a 10-year note amortized on a 30-year schedule.
ATLANTA-The brokerages are expected to begin work Sept. 1. Crow will manage and lease 35 million sf of the Charlotte-based bank's properties in the Eastern and Central states. JLL will look after 31 million sf in New York, Chicago and the Western states.
ORLANDO-Park Development Corp. president David Townsend is going with five-year-old Vance Realty to handle sales at his $70 million, 200-unit Plaza del Lago Condominiums scheduled to break ground in September.
ATLANTA-Former Fulton County commissioner Michael Hightower and developer Douglas Crawford are teaming as Collaborative Partners, a commercial development and planning company.
ORLANDO-The seven-year-old online global network developer for the fresh-cut commercial flowers and perishable foods industries is retaining its 40,000-sf office-warehouse quarters near Orlando International Airport as it strives to find new funding for its operations in eight countries.
ATLANTA-Teachers Insurance and Annuity Association gives the leasing and management services assignment to a client who has financed $249 million worth of projects with the New York-based retirement system.
ATLANTA-Peachtree North Associates, a McDonald Development Co. partnership, received the funding on a total 700,000 sf of product in the Peachtree North business/industrial park in nearby Gwinnett County.
ATLANTA-The hospitality firm will be using new online property management system tools that is supposed to reduce hardware and operational costs for the individual hotels. Terms of the deal weren't disclosed.