ORLANDO-CB Richard Ellis Inc. is earning a $400,000 fee for marketing the utility rainwater runoff site valued at an estimated $75 million or $227,272 per acre ($5.21 psf). Developers are salivating at the prospect of bidding on the dirt which will open a new commercial vista across tourist-heavy International Drive and the development-intense Lake Bryan area.
AUSTIN-Prodigy caps its relocation south from White Plains, NY, with a 110,000-sf lease at a cliff-top office complex. The relocation is expected to be completed by year's end.