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BOCA RATON, FL-The real estate investment trust reports the weighted average gross rental rate on new leases signed increased $12.39 per sf over the second quarter.
ORLANDO-The U.S. Occupational Safety and Health Administration opened a formal investigation today in the death of a 36-year-old construction worker whose harness broke as he was working on a rooftop scaffold, 60 feet above the Orange County Convention Center's floor.
LAKELAND, FL-The 187-unit multifamily Angler's Cove Manufactured Community received $2.85 million and the 153-unit Angler's Cove West Manufactured Community obtained $2.35 million in separate refinancings brokered by Collateral Mortgage Capital of Birmingham, AL. Lakeland is 40 miles south of Downtown Orlando.
PALM BEACH GARDENS, FL-A newly formed subsidiary of locally based Correctional Properties Trust is using the proceeds to finance the acquisition and refinancing of two North Carolina prisons. Palm Beach Gardens is 73 miles north of Miami.
MIAMI-A new report by Cushman & Wakefield of Florida Inc. shows vacancies at 14.6% in Broward, up 1.1%; and 14.2% in Dade, up 2.9%. Palm Beach County's vacancy rate moved down slightly in the second quarter from 12.9% to 12.8%.
ORLANDO-Orange County Property Appraiser Bill Donegan rules half of the 15-acre, five-month-old, for-profit attraction near Walt Disney World is a tourist venue and not a religious site. Instead of a $25,000 annual tax bill, the taxes will be $320,000. The park is preparing to sue the county.
PEMBROKE PINES, FL-A GlobeSt.com public records search finds the developer of the Bergeron Park of Commerce & Industry plans to add two million sf at an estimated total investment of about $100 million. Pembroke Pines is 18 miles north of Downtown Miami.
ORLANDO-The Atlanta developer has won an OK from Orange County's planning committee but still has to satisfy residents demands for more space between the proposed single-story, 250,000-sf commercial project and nearby homes.