FORT LAUDERDALE, FL-Stiles Development is expanding its tenant improvement services in response to new demand from small-space office owners and users.
BOCA RATON, FL-The owner-operator of luxury resort properties attributes the revised first- and second-quarter outlook to reduced consumer demand for travel and leisure industry services following the Sept. 11 terrorist attack on America.
MIAMI-Property-ownership affiliates of Morgan Guaranty Trust retain Chicago-based Jones Lang LaSalle to take over leasing and property management responsibilities for a portfolio that includes the 1.5 million-sf office park. The contract includes an evaluation of disposition and financing options.
MIAMI-Announcement of a 75% increase in net earnings is not enough, however, to prevent the homebuilder's stock from closing down Thursday by $3.15 a share.
MIAMI BEACH, FL-East Coastline Development wins approval for a public hearing on a proposal to build a mixed-use multifamily project on one of the last undeveloped pieces of land in the South Pointe district, even though the city Planning Board unanimously disapproves of the idea.
FORT LAUDERDALE, FL-The locally based general contractor projects a 13-month construction schedule for the $23 million, nine-story, 97-unit condominium community 40 miles north of Downtown Miami.
PEMBROKE PINES, FL-The private two-year college and technical training school is paying property owner Harcourt General Inc. $11.80 per sf for the 31,139-sf site on an estimated five-year lease aggregately valued at $1.84 million. The site is 40 miles north of Downtown Miami.
WELLINGTON, FL-The pending purchase of St. Andrews at the Polo Club, a newly constructed 200-unit multifamily property, represents a decisive move by the Atlanta-based real estate investment trust to expand into Florida.
BOCA RATON-Locally based Investments Limited paid Crow Holdings of Boca Raton $9.7 million for the four-year-old, 69-unit San Marino at Town Place. The per-unit price is believed to be one of the highest recorded for a Palm Beach county multifamily product.