Last Updated: February 22, 2005 02:24pm ET

Pinnacle Leases 18-Acre Site for $110M Transit Village

HOLLYWOOD, FL-Under a 99-year lease with the Florida Department of Transportation, an affiliate of Miami-based Pinnacle plans a mixed-use community along the Tri-Rail Tracks at the FDOT park-and-ride lot at Sheridan Street and the CSX railroad tracks.

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Distressed CRE Continues to Ebb

WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.

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