ORLANDO-The subsidiary of Jacksonville, FL-based St. Joe Co. has built an extensive Internet site to avoid needing third-party dot-com companies for online survival. Robin L. Webb, the firm's vice president/managing broker, explains Arvida's high tech-investment strategy to GlobeSt.com.
ORLANDO-The new inventory trailed Dallas-Fort Worth, 24,347; Atlanta, 13,799; and Houston, 12,691. Phoenix is in fifth spot with 9,456 new apartments built last year, according to a new analysis by Carrollton, TX-based M/PF Research. Metro Orlando has 120,321 apartment units, up from 110,723 at year end 1999.
ORLANDO-Inland Retail Real Estate Trust Inc. of Oak Brook, IL paid Columbia Promenade Associates of Winter Park, FL $7.3 million for the fully leased 65,870-sf Columbia Promenade Shopping Center in Kissimmee, FL, 20 miles south of Downtown Orlando.
ORLANDO-Prominent speakers at the Feb. 21-25 international winter conference here of Corporate Facility Advisors International Inc. are Winter Park economist Dr. Henry Fishkind; real estate futurist Michael Lipsey; Economic Devlopment Commission of Mid-Florida Inc. executive director Darrell Kelley; and Realvest Partners Inc. founder/chairman George D. Livingston.
ORLANDO-Peter J. Beadrault takes over from Jim Berk who left the locally based movie-themed restaurant chain in 1999 to head Orlando-based Fairfield Communities Inc. Berk leaves Fairfield in March to head another unidentified corporation.
ORLANDO-Although Orlando is still considered a prime market for institutional investors, private capital buyers will be competing more aggressively with the publicly-traded firms this year for trophy properties now that interest rates have dropped and the supply of prime development sites is dwindling, finds a new CB Richard Ellis Inc. analysis.
ORLANDO-The team's ownership group is on record that the 11-year-old National Basketball Association team isn't considering moving or being put up for sale until it resolves a controversial new arena-construction issue.
ORLANDO-Realvest Partners Inc founder/chairman George Livingston estimates his firm's growth rate right off the bat. Robin L. Webb, Arvida Real Estate Services Inc.'s vice president/managing broker in the Orlando commercial division, reallocates some assets to expand marketing programs for clients.
ORLANDO-Inns within Central Florida's main tourist corridor, the Lake Buena Vista hub dominated by the 30,000-acre Walt Disney World attraction, were 67.8% full in December, the area's highest occupancy level.
ORLANDO-Hilton Grand Vacations Co. will be building the 384-unit in the area's main tourist corridor of south International Drive where competitors Marriott Vacation Club International and Starwood Vacation Ownership opened new time shares in January.