MIAMI-John C. Leighton, who has 22 years' experience in the real estate industry, including construction, relocations and project management, has become senior vice president for the company's office here.
MIAMI- Blockbuster Inc. and Winn-Dixie Liquor Store have signed leases estimated to be valued at more than $1 million combined for the 75,000-sf community shopping center, which is under construction in Miramar, FL.
MIAMI-Scott O'Donnell's new position is vice president in Trammell Crow Co.'s Southeast Investment Services group. He was previously a senior associate. He joined Trammell Crow from CB Richard Ellis in April 2000.
MIAMI-The 126-unit first phase of the Aventura, FL condominium/marina development has an April 15 ground-breaking planned, with completion slated for December 2004. Prices are between $350,000 and $540,000, and the first phase is already 85% sold.
MIAMI BEACH-The locally based real estate investment and management company is selling that principal amount of its 5.5% contingent convertible senior subordinated notes due 2023.
MIAMI-The Mandalay motel in Sunny Isles Beach, FL was cleared to make room for Sayan, a $49 million, 90-unit, luxury oceanfront tower. Ground-breaking is planned for this summer with occupancy expected within two years.
MIAMI-For the second time in his career with Cushman & Wakefield, Peter Harrison has decided to leave management behind and broker deals. He plans to remain senior managing director for Cushman & Wakefield in South Florida until a replacement is found.
MIAMI-Palm Beach Property Group LLC paid $138 per sf to Brandywine Centre II LP for the 61,900-sf office building in West Palm Beach, FL. Built in 1989, the property has averaged more than 92% occupancy levels.
MIAMI-Fort Myers Venture l LLC paid $110.80 per sf to Fountain Square Associates, a partnership of Stiles Corp., for the 126,351-sf, nine-story property. Stiles Corp. built the building in 1987 as an investment.
MIAMI-Adam C. Starr, who previously worked for Brenner Real Estate Group, was appointed to senior associate at Trammell Crow's Boca Raton, FL office. He will be in charge of leasing and marketing more than one million sf in office and industrial properties.