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MIAMI-The Fort Lauderdale-based company retains JLL to market 420,080 sf of office space here. JLL also gets the call by Florida Office Property Co. to market 228,000 sf of office space in Orlando.
ORLANDO-The subprime problems are threefold--a lax approach to credit, inadequate underwriting and bad pricing. However, industry insiders say banks are still lending.
BRADENTON, FL-Klingbeil Capital Management paid approximately $42,307 per unit to Tarragon Realty Investors Inc. for the 10-building complex near Sarasota. The property was 90% occupied at the closing of the sale.
MIAMI-The 27-story, 142-unit upscale condominium tower, being developed here by SunVest/Hamilton, is set to be completed in late 2005. Units are priced from $275,000 to more than $1 million.