MIAMI-A new report by Apartment Realty Advisors in Boca Raton, FL points out that physical barriers to entry and a decreasing supply of multifamily land have attracted apartment investors to Miami-Dade County and other South Florida areas.

FORT LAUDERDALE-Patricia E. Flattery moved from the Philadelphia business unit to become vice president of property management for Trammell Crow's South Florida market. She is now based in the company's office here.

MIAMI-The company, which manufactures decorative stone and marble largely for high-end homebuilding, signed a new warehouse/distribution lease adding 18,000 sf to its existing 8,400 sf in a deal worth an estimated $720,000 gross.

MIAMI-Luis A. Espino was named vice president of the commercial real estate advisory firm's office here. Previously an associate, he has been a developer and real estate investor for more than 25 years.

WEST PALM BEACH-Several companies, many related to homebuilding, have signed leases at area industrial parks. Demand for space is up as product and land run thinner, one industrial broker says.

NORTH MIAMI BEACH-The real estate investment trust's shares are being underwritten by Deutsche Bank Securities Inc., and Equity One has granted the firm an option to buy an extra 450,000 shares.

FORT MYERS-The 133,590 sf of land, which has been up for grabs for 12 years, sold for about $1.1 million, or $8.14 per sf. The financial institution, based in Key Largo, plans to build a branch and 30,000 sf to 40,000 sf of supporting office and retail space.

FORT MYERS, FL-Cecilia Cutcher was hired as marketing coordinator for Gary Tasman, Scott Robertson and Shawn Stoneburner. Meanwhile, the firm opened its second office and reported a Q1 sales hike of 26%, compared with first quarter 2002.