ATLANTA-The locally based online commercial real estate software provider logged 8,200 purchase orders in the second quarter, 2,400 more than in the first period. For the first six months, purchase orders totaled 15,000, up 52% over the comparable 2000 period.
ATLANTA-The locally based shopping center investor/developer posted net earnings of $13.9 million or 45 cents per diluted share versus $15.6 million or 47 cents per diluted share last year.
ORLANDO-Realvest Partners Inc. lands a contract to sell lots at Springview Industrial Center where 500,000 sf of new product is planned 25 miles north of Downtown.
ATLANTA-Locally based John J. Rooker and Associates is shooting for a fall 2002 completion of the new high-tech regional distribution center in suburban Braselton, GA for expanding Haverty Furniture Cos. Inc. of Atlanta. The project's estimated hard construction cost is $32 million.
BIRMINGHAM, AL-A $3.5 million gain on the sale of property in second quarter 2000 caused the Alabama-based REIT to show net income of $7.3 million or 35 cents per share versus $9.4 million or 44 cents per share in the first quarter of this year. The firm's quarterly conference call is at 1 pm today (July 31).
MONTVERDE, FL-The state contends, however, it has no documentation to support allegations that Palm Coast, FL developer Bobby Ginn plans to erect his estimated $75-million, mixed-use Pine Island development over six Timacuan tribal sites.
ATLANTA-The locally based hotel franchiser loaned the online management and reservations firm $10.2 million and will write off the unpaid balance on a second-quarters earnings report to be made to shareholders Thursday.
ATLANTA-After a year of scouting potential development locations, locally based United Parcel Service is paying the federally designated Atlanta Empowerment Zone $120,000 per acre or $2.75 per sf for a 30-acre tract near Downtown where a new package distribution center is expected to break ground in early 2002.
ORLANDO-Although occupancy is up by four percentage points from year end 2000 to 93.6% and demand remains strong, only seven apartment properties were sold in the first half, six of them class B assets, a new analysis by the Orlando office of CB Richard Ellis shows.
