CARROLLWOOD, FL-Carrollwood Center becomes the property of Atlanta-based IRT Property Co. in a $6.7 million deal. The 96,242-sf shopping center will undergo a $2.4-million renovation, including a new Publix supermarket.

WASHINGTON, DC-In a decision brought on partially by the current economic climate, CRIIMI MAE, Inc. plans to let go of its master and primary servicing contracts in conjunction with commercial mortgage-backed securities. The move will allow the mortgage lender to focus on loan management and special servicing.

WASHINGTON, DC-American Realty Advisors of Glendale, California pays $34.5 million for the Capitol Hill area's 810 First St. building. The purchase is made on behalf of one of American's pension fund clients.

ORLANDO-The Parramore area's $63-million mixed-use project is off and running. The project, set to deliver in 2003, will serve as a magnet for other commercial development. The project comes with an affordable housing component and 25,000 sf of retail space.

ORLANDO-Marcus & Millichap Real Estate Investment Brokerage Co. releases a report on Central Florida that shows some reassuring news for Orlando. Vacancy is coming in at 9%. In the coming year, sales values are projected to rise 3%.

WASHINGTON, DC-Apartment building owner Rufus Stancil pleads guilty to 70 housing-code violations and is sentenced to spend two months in one of his buildings that has been deemed unsuitable for habitation. Stancil also receives two weeks jail time, which he will serve until the move to his new dwellings on Dec. 24.

ORLANDO-Urecoats Industries Inc. opens its second distribution center in the Orlando area, just weeks after moving its headquarters to Deerfield Beach. Later this week, Urecoats will announce more big news, an insider tells GlobeSt.com.

DALLAS-Commercial real estate services firm Trammell Crow Company teams up with the US Environmental Protection Agency to improve its commercial properties' energy performance through the ENERGY STAR Partnership.