CORAL SPRINGS, FL-University Capital LLC paid about $403.95 per sf for the 13,987-sf store here. The seller, Southern Management and Development LP of Boca Raton, FL, developed the Eckerd last year.

FORT LAUDERDALE, FL-Locally based Brenner hired Donald Migliore as director of governmental relations. His duties will include representing the company to municipalities in regards to rezoning and other property issues.

MIAMI-Condo conversion projects, which have become popular in dense South Florida areas, add strength to the rental investment market, which job and population growth also help.

PALM BEACH, FL-Rod Loschiavo, who previously worked for Studley and CB Richard Ellis, is hanging his shingle at Cushman & Wakefield's Broward County/Palm Beach branch.

HOMESTEAD, FL-The contract is valued at $80 million. The 307,000-sf facility will contain 120 private patient rooms. The contractor, based in New Jersey, is part of the Skanska Group.

NAPLES, FL-Capreit Inc. of Rockville, MD, has paid an estimated $22 million to $24 million for the 196-unit Colonnades at Spring Creek, and BH Equities of Iowa has purchased the 404-unit Arbour Walk for an estimated $36 million.

NORTH BAY VILLAGE, FL-J. Max Development, part of GFS Corp. of Coral Gables, FL, is the developer. Kobi Karp is the architect, and Miller & Solomon is the general contractor of the planned 164-unit project the Lexi.

BOCA RATON, FL-Direct vacancy rates and sublease space are decreasing there, which should lead to higher average asking rates, says a new CB Richard Ellis report on Palm Beach County. Vacancy rates are rising, though, in North Palm Beach.