Miami's and South Florida's original leading source for commercial real estate news, analysis, trends, events and resources in office, industrial, retail, multifamily, hotel, healthcare and net lease property sectors.
CLERMONT, FL-The old 45-foot high limit is still in the code books but this Orlando bedroom community may find a technical exception now that the fire department's new ladders can reach 60-foot high structures.
ORLANDO-Greg Hughes' Chesapeake Logistics Inc. of Tampa, FL is paying $31 million for the assets of 500,000-sf Mid-Florida Freezer Warehouses Ltd. in Port Canaveral, 60 miles east of Downtown. Mid-Florida Freezer officials concealed from Federal inspectors and later sold contaminated drums of fruit juice over a 30-year period, the government charged.
ORLANDO-The California computer maker's federal court lawsuit alleges locally-based Dacanay Consulting and two Clearwater, FL companies resold counterfeit software.
ORLANDO-In an exclusive interview with GlobeSt.com, Orlando developer George D. Livingston, president of the Paris-based International Real Estate Federation, representing 1.5 million professionals in 50 countries, says so-called smart-growth policies "lead to economic advantages and political gains for the few.
ORLANDO-The host of TV's Bill Nye the Science Guy charged the theme park company illegally used his likeness on attractions at Epcot at Lake Buena Vista, FL. Disney denied the allegations. The suit sought $500,000. Settlement terms weren't disclosed.
ORLANDO-GC Cos. of Chestnut Hill, MA, parent of General Cinema Theaters Inc., is shuttering four local properties today with a total 28 screens after apparently failing to find a buyer for the financially-strapped assets. The other theaters are in Boca Raton, Coral Gables, Plantation and Palm Beach Gardens.
MIAMI-Operational shock waves continue to rumble through the movie theater business. Regal Cinemas, both South Florida's and the nation's largest operator, is reported to be shelving plans for new locations and trying to cancel leases on existing properties.
ORLANDO-The local firm's planned Fruit2Trade operation in January will provide software for the 98-year-old European produce operator. The deal's value was not disclosed.
SUNNY ISLES BEACH, FL-The development firm that struck gold years ago when it turned several hundred acres of northeast Miami-Dade swampland into the affluent Aventura community is bringing its act to this up-and-coming town between Miami and Fort Lauderdale.
ORLANDO-The 2,900-acre International Corporate Park is making its first sale in years. Dallas distributor Sierra Stone Inc. has contracted to buy 37 acres for a 200,000-sf distribution center. The estimated contract price is $3.22 million or about $2 psf. The park is zoned for 20 million sf of commercial.