Southeast

Six Questions for Christopher Brockman

ORLANDO-Christopher Brockman, practice group leader for Holland & Knight's Central Florida Real Estate Practice, discusses the repurposed property trend.

Southeast Financial Center Inks Full Floor Lease for DLA Piper

MIAMI-The debt-free building is now 84% occupied after repositioning itself in the wake of Wachovia moving out in 2011.

Time Warner Agrees to Take 23,289 SF at LakePointe Two

TAMPA, FL-Time Warner Business Services LLC has signed a contract to lease an office space measuring 23,289 square feet at LakePointe Two at Tampa Bay Park located at 3111 West Dr. M.L. King Blvd. in Tampa.

Related Group to Develop New Condo Tower in Hallandale Beach

HALLANDALE BEACH, FL-The Related Group is preparing to construct a new condo tower in Hallandale Beach.

Health Care REIT Buys Belmont Village of Green Hills for $35M

NASHVILLE-An assisted living facility in Nashville has found a new owner.

MAA Sells Cedar Mill Apartments in Southeast Memphis

MEMPHIS-Orlando, Florida-based Cedar Mill LLC has paid $7.25 million for Cedar Mill Apartments, 276-unit apartment community at 3505 S. Mendenhall in Southeast Memphis.

AREA Properties Buys Memphis Industrial Buildings for $24M

MEMPHIS-AREA Properties Partners has acquired four industrial facilities totaling 834,708 square feet in Memphis for $23.6 million.

UBS Sells 50-Acre Tract Near Disney World

ORLANDO-Located east of Downtown Disney, the land wraps around the Orlando World Center Marriott Resort golf course.

CREC Closes 15 REO Deals Worth $100M

MIAMI-CREC's Warren Weiser tells GlobeSt.com's Jennifer LeClaire the distressed deals have spanned most major markets in Florida.

Hudson to Renovate, Expand Walmart Supercenter in Lake Worth

LAKE WORTH, FL-Hudson Construction Co.'s St. Augustine office will renovate and expand a Walmart store in Lake Worth situated south of West Palm Beach.

Wal-Mart Stores Buys Former Vine City Publix for New Store

ATLANTA-Wal-Mart Stores Inc. has acquired the old Vine City Publix property at Historic Westside Village with plans to open a new store there.

1450 Brickell Reaches 77% Occupancy in 21 Months on Market

MIAMI-Danet Linares tells GlobeSt.com's Jennifer LeClaire she expects the building to surpass 90% occupancy by the end of the first quarter.

Larger, Older Industrial Building Wins $1M Lease

MIAMI-Copy Systems moved to larger facility where rents were less than half the price on a five-year lease.

MBA CREF12 DISPATCH
Single Family Home Buyers May Return

ATLANTA-At the MBA CREF12 Conference Tuesday morning, the association's economists and research gurus took the crowd through several predictions for the commercial and single family markets, including a potential spring surge in homebuyers.

Marcus & Millichap Closes Sale of Fredericksburg Apartments

TAMPA, FL-Marcus & Millichap Real Estate Investment Services has completed the sale of an apartment community in Tampa

Treesdale Condominiums in Bradenton Gets New Owner

BRADENTON, FL-Marcus & Millichap Real Estate Investment Services has closed the sale of a 193-unit condominium complex in Bradenton.

CB Richard Ellis Memphis Closes Sale of Summer Commons

MEMPHIS-CB Richard Ellis Memphis has completed the sale of a retail center in Memphis.

Developer Plans to Build Miller Creek Apartments

MEMPHIS-Red Mountain Development, a developer based in Birmingham, Alabama, is planning to develop a $29-million multifamily project at the southwest corner of Forest Hill-Irene and Winchester roads.

Bank of America Plaza Sells for $235M at Foreclosure Auction

ATLANTA-Bank of America Plaza in Atlanta was sold for $235 million in a foreclosure auction.

Brickell Bay Office Tower Invests Another $1M Into Improvements

MIAMI-Brickell Bay Office Tower's Christian Driussi tells GlobeSt.com's Jennifer LeClaire his 91% occupancy is thanks in part to improvements.

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Events

Look out for the full 2012 RealShare Conference Series schedule--COMING SOON!
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Upcoming Conferences
Feb.
15
RealShare APARTMENTS EAST
Washington, DC
Mar.
07
RealShare PHILADELPHIA
Philadelphia, PA
Mar.
22
RealShare REAL ESTATE 2012
Los Angeles, CA
Apr.
03-03
RealShare NET LEASE 2012
New York, NY
Featured Event
RealShare APARTMENTS EAST


Multifamily's most influential and knowledgeable executives share their insights and outlooks for the marketplace at our upcoming first annual RealShare APARTMENTS EAST conference!
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Webinars

Charging the Hill: Commercial Real Estate and the 2012 Congressional Agenda

December 07
Critical issues impacting commercial real estate are coming up on the 2012 Congressional calendar, and their outcome collectively will impact all practitioners in this space. Top executives who know their way around Capitol Hill will share their thoughts on the direction this industry could take at the hands of our elected officials.

Featured Event
Protect Your Portfolio From Seismic Risk


This video webinar, presented by GlobeSt.com Thought Leader Partner Engineering and Science, Inc., will give commercial real estate investors a thorough overview of seismic Probable Maximum Loss Reports (PMLs). These reports are especially important for those investing in real estate in areas that are at risk for earthquake damage.
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