SANDESTIN, FL-The next phase of development at Grand Boulevard at Sandestin will bring 175,000 sf of retail and restaurant space. It's the latest phase of development of the $250-million project on 52 acres near the Sandestin Golf and Beach Resort.

ATLANTA-Cousins Properties Inc. board of directors authorizes the company to repurchase up to five million shares of stock by May 9, 2009. In years past, the company has repurchased 2.6 million shares worth about $64.8 million.

ATLANTA-Cousins Properties Inc. board of directors authorizes the company to repurchase up to five million shares of stock by May 9, 2009. In years past, the company has repurchased 2.6 million shares worth about $64.8 million.

DELRAY BEACH, FL-A four-building portfolio with 108,571 sf of office and retail space trades to an undisclosed buyer. At least one of the properties, Linton Center, is ripe for redevelopment with only 84,819 sf on 10 acres.

CORAL GABLES, FL-The newest condominium hotel project, the 200-unit St. George Residences and Condo-Hotel, will begin to rise in the late summer. It will be the first new hotel built in Coral Gables in 25 years.

POMPANO BEACH, FL- Isle of Capri Casinos Inc., which owns and operates the race track, says adding a casino was a natural fit with the gambling that already takes place at the facility.

POMPANO BEACH, FL- Isle of Capri Casinos Inc., which owns and operates the race track, says adding a casino was a natural fit with the gambling that already takes place at the facility.

NORCROSS, GA-Wells Real Estate Funds has hired two property management veterans to manage properties in Tampa and Washington, DC. Mark Reeder will manage Tampa Commons, a 255,000-sf class A office building and Dan Dillon will be responsible for One and Two Independence Square.