ORLANDO-The deal is valued an estimated $25 million, area brokers and lenders familiar with the long-planned marriage tell GlobeSt.com. Greg Morrison, a senior vice president at Welsh Cos. Inc., will head the combined units under the Carter banner. His selection over Tom D. Cook, vice president/development at Carter, surprised some local industry watchers.
ORLANDO-The Oak Brook, IL-based REIT paid Sand Lake Corners LP $22 million or $115.94 per sf for the 95%-leased, 189,741-sf Sand Lake Corners Shopping Center in south Orlando, one of the hottest retail submarkets in Central Florida.
ORLANDO-Ten-year-old Admiralty Bank, with assets of $367 million, doesn't see a commercial slowdown as it focuses on providing acquisition and development loans to site developers.
ORLANDO-The nation's largest retail pharmacist is changing its mind on building an estimated $2 million, 20,000-sf store amidst the city's 25-year-old, off-Downtown Asian business district after residents picketed the site and drew media attention with their protests.
ORLANDO-March's 77.8% number compared to 84.5% in March 2000 but beat the 68% national average as Central Florida hoteliers brace for soft summer bookings.
ORLANDO-Captain D's of Nashville, TN and Fired Up Inc. of Austin, TX are two of the newest players separately trying to build market share and break in on the local turf. They may be shocked at the sticker prices on some of the prized dirt, area brokers tell GlobeSt.com.
ORLANDO-March's 77.8% number compared to 84.5% in March 2000 but beat the 68% national average as Central Florida hoteliers brace for soft summer bookings.
ORLANDO-Realvest Partners Inc. founder/president George D. Livingston expects fewer but larger warehouse hubs with many of the newer structures wired with broadband.
ORLANDO-Realvest Partners Inc. founder/president George D. Livingston expects fewer but larger warehouse hubs with many of the newer structures wired with broadband.
ORLANDO-The nation's biggest thrift names John Woodworth to oversee 30 branches in Central Florida where he has five new locations under construction and is close to completing deals on five other sites. He is looking for more properties to lease or buy.