ORLANDO-Industry sources familiar with the deal, tell GlobeSt.com the high-profile, 1,139-unit restaurant chain is buying the assets of King Henry's Feast, a shuttered dinner attraction in the area's tourist corridor near Walt Disney World, for an undisclosed price.

ORLANDO-The Indianapolis-based developer is paying Houston-based Shell Energy & Land Co. $6.4 million for a 36.7-acre tract at NorthPoint, a hot commercial park in suburban Orlando.

ORLANDO-Vacancies in a niche 5.5 million-sf industrial market category shrink to 10% from 11.6% as tenants average 13,000 sf in new leases, up from an average 5,000 sf per lease in past years

ORLANDO-Fields Motorcars of Florida Inc. is operating the new facility on a one-acre pad in SouthPark, one of three business parks comprising the 4,500-acre, mixed-use Orlando Central Park. Fields paid $500,000 or about $11.48 psf for the parcel.

ORLANDO-Vacancies in a niche 5.5 million-sf industrial market category shrink to 10% from 11.6% as tenants average 13,000 sf in new leases, up from an average 5,000 sf per lease in past years

ORLANDO-Although restaurant and retail sales in some tourist corridors are off by more than 10%, land prices remain steady. Shopping center sites over 10 acres are in the $6 psf range. Outparcels are selling for $13 to $18 psf.

ORLANDO-The Quest Co., positioning itself as a heavy hitter, has lured three seasoned pros from Arvida Realty Services to strengthen its retail and multifamily brokerage side.

ORLANDO-In a win-win transaction, the state is getting a 99-year contract from privately-held Florida Fiber Networks Inc. to use part of the company's planned 2,200-mile fiber optic cable network's capacity. That concession is valued at $1.2 billion.