DEERFIELD BEACH, FL-The commercial real estate company assumes the role of catalyst for local redevelopment as company officials transform a long-vacant retail center into prime office space at a major intersection in this city, 37 miles north of Miami.

PALM BEACH, FL- The locally based company reported an overall net loss of $3.5 million, or 18 cents per diluted share, on revenue of $17 million for the quarter, compared with a net loss of $4.2 million, or 20 cents per diluted share, on revenue of $15.9 million for the same period last year.

MIAMI-Corporate Center Holdings Inc. pays $76.25 per sf for the 20-year-old, 281,985-sf, 100%-leased corporate park west of Sweetwater and 10 miles west of Downtown in the Airport'/West submarket.

CORAL GABLES, FL-The locally based development company lost a potential $1.5 million gain on the April 16 sale of 205,000 shares in a homebuilding company that just merged with Pulte Homes. Coral Gables is six miles south of Miami.

MIAMI-The delayed vote slows movement of a legislative plan to appropriate state sales tax dollars to help finance construction of a new ballpark for the Florida Marlins.

MIAMI-The tentative proposal would provide daily commuters and air passengers with the first direct access from Downtown across the Metrorail transit system to Miami International Airport and neighboring commercial districts.

FORT LAUDERDALE, FL-The locally based parent of First American Mortgage Securities expects to close on the proposed acquisition within 30 days. Fort Lauderdale is 26 miles north of Miami.

MIAMI-The outlook appears dim for a plan to appropriate more than $100 million in state sales tax dollars to back construction of a retractable-roof ballpark for the Florida Marlins.