MIAMI-The project, called Dwell, which has an anticipated project cost of $27 million, will contain 140 units. The existing structure, occupied by Diaz Towing Co., will be torn down to make room for the development.

PALM BEACH COUNTY, FL-The combined sales and leasing activity for last year was a strong 3.3 million sf, although it is down 400,000 sf from 2002. Industrial leasing climbed from 1.5 million sf in 2002 to 1.9 million sf last year, while sales were down.

PALM BEACH COUNTY, FL-Nearly 81% of last year's office sales in the county occurred in that quarter, says a Cushman & Wakefield fourth-quarter office report. The year ended with almost 30 building acquisitions overall.

MIAMI-The broker and owner of Metro Dade Realty Inc., has served local, state and national real estate associations in several capacities, including president of the Realtor Association of Greater Miami and the Beaches, and chairman of the Florida Real Estate Commission.

MIAMI-BankAtlantic, based in Fort Lauderdale, was the lender. The loan is for the refinance and conversion of a 53,000-sf industrial building here into a self-storage facility for the new company.

FORT LAUDERDALE, FL-The metro area is expected to move up from No. 15 in 2003 to No. 5 this year, because of employment and rent growth, as well as low completions.

MIAMI-The joint venture paid the Newhall Land and Farming Co. unitholders $40.50 per unit under the deal. It plans to develop a commercial and residential project on former Newhall land in California as well as look for future opportunities individually.

WEST PALM BEACH, FL-Employment growth of 14,000 jobs in the metropolitan service area is expected to improve vacancy, as the city is expected to climb three slots on Marcus & Millichap's National Apartment Index.