PEMBROKE PINES, FL-An October opening is planned for the store, the company's first in Broward County and one of several planned for Florida this year. The 150-store chain combines a salon, department store and drug store under a single roof.
FORT MYERS, FL-The company purchased sister apartment communities Beach Club and Viridian Lake, as well as Park Crest at the Lakes, from two buyers. The first two communities were completed in 1991, while Park Crest was finished in 2000.
MIAMI-Robert Given joined the company as a vice president, and Todd Weinstein joined as an associate. The additions are part of the company's expansion of its offices here.
MIAMI-Local developer and owner 1377 Group LLC paid $100 per sf to State Farm Mutual Automobile Insurance Co. for the 8,000-sf building. State Farm has sold at least two facilities here since last summer.
WESTON, FL-The South Florida Water Management District wanted the 112 acres of land to use for a 3,500-acre reservoir here. The settlement ends Dr. Harold Dubner's hopes to develop a mixed-use project on the property.
MIAMI-The financing, provided by BankAtlantic, is for construction and mini-permanent financing needed to develop a self-storage facility here. The 67,000-plus-sf facility also will house ground-floor retail space.
WEST PALM BEACH, FL-The landmark mixed-use development is investment company Lionstone Group's first purchase in the state. The asset offers more than 145,000 sf of office and retail space, 59 loft apartments and a 500-space parking garage.
LAKE WORTH, FL-The loan will finance site development and construction of a 49-unit town home development here. The developers are Anthony Guillaro and C.J. Amorosana, principles of Phoenix Industries. Construction is set to begin within about two weeks.
SARASOTA, FL-The 18-story Metropolitan Sarasota Bay will have 124 units and is expected to break ground by the end of the year. Developer Richard D. Zipes is the project's managing general partner. Units are priced between $1.8 million and more than $5 million.
MIAMI-The vacancy is expected to be a little higher--14.6%--in the city's suburban markets, although both rates are lower than most cities examined in a new US office comparison report by Jones Lang LaSalle.