Southeast

Clean Class B Trade Shows Diverse Investor Interest

FORT LAUDERDALE,FL-CBRE's Marty Busekrus tells GlobeSt.com's Jennifer LeClaire buyer who bought at the bottom are starting to sell.

Premium Pinecrest Shopping Center Trades for $9M

MIAMI-Most of the tenants are national and some of the most well-known retail brands, such as Starbucks, Cold Stone Creamery, T-Mobile, GameStop and FedEx Office.

Beachwold Residential Sells Tradition at Palm Aire

SARASOTA, FL-A multifamily property situated in the Palm Aire community in Sarasota has changed hands.

Checkers Renews Lease at Colonial Place II in Westshore

TAMPA, FL-Checkers Drive-In Restaurants Inc. has signed a lease renewal deal for 11 years at Colonial Place II in Westshore, Tampa.

Pinecrest Shopping Center Changes Hands for $8M

MIAMI-A company operated by Michael Adler, a Miami developer, has sold a shopping center in Pinecrest for $8.5 million to Manaca Pinecrest Center, a Fisher Island company.

FDIC Inks 32,000-SF Lease at Lakecrest III

MEMPHIS-The Federal Deposit Insurance Corp. has leased 32,000 square feet at Lakecrest III, a 130,000-square-foot office building at 6060 E. Primacy Parkway in East Memphis.

Industrial Notes Hit Market as Euro Zone Worries Rise

SAVANNAH, GA-CBRE vice chairman Charles Foschini tells GlobeSt.com's Jennifer LeClaire to look for a ripple effect from the European debt crisis.

Miami CRE Pros Shine Light on Opportunities, Challenges

MIAMI—Blanca Commercial Real Estate's Danet Linares tells GlobeSt.com's Jennifer LeClaire mass transit is Miami’s Achilles heel right now.

Cobalt Buys 257,376-SF Industrial Portfolio in Atlanta

ATLANTA-Irving-based Cobalt Capital Partners LP has purchased an industrial portfolio in Atlanta for an undisclosed price.

Construction Underway on New Retail Center in Statesville

STATESVILLE, NC-According to the Statesville Record & Landmark report, construction is underway on a new shopping center in Statesville.

Alamance County Mixed-Use Project Gets Green Light

SWEPSONVILLE, NC-The Burlington Times-News reported that the Swepsonville Town Council gave green light to a mixed-use project in Alamance County by unanimously approving a subdivision waiver application.

Cole Acquires Four Volusia County Family Dollar Stores

DELTONA, FL-The Daytona Beach News-Journal reported that Cole Real Estate Investments, a real estate investment firm based in Phoenix, Arizona, has purchased four Volusia County Family Dollar assets.

Foreign Investors Fuel Miami Home Price Hikes

MIAMI—Benworth Capital's Bernie Navarro tells GlobeSt.com's Jennifer LeClaire he is seeing an uptick in loan volume and the loan amounts.

South Florida Sees Two More Multifamily Projects Break Ground

MIAMI-The AREA-CC joint venture is developing two multifamily projects: The Signature at Doral and The Signature at Davie.

Allied Health & Nursing Education Leases Space at Riverbend

FORT LAUDERDALE, FL-Allied Health & Nursing Education has inked a lease for seven years with TNHYIF REIV Lima for 17,225 square feet of space at Riverbend, a 6-million-square-foot office park in Fort Lauderdale.

Fischer Entreprises Buys Music Row Office Building

NASHVILLE-A Music Row office structure in Nashville has changed hands for $1.1 million.

Shops at Julington Creek Trades for $9M

JACKSONVILLE, FL-An Illinois-based real estate investment trust has picked up a Fresh Market-anchored shopping center in Jacksonville.

Astor & Black Will Move HQ to Miami

FORT LAUDERDALE, FL-Astor & Black is relocating its corporate headquarters to the top floor of the Miami Herald’s Broward bureau.

Industrial Flex Asset Fetches $2M in Short Sale

FORT LAUDERDALE, FL-CBRE's Harry Tangalakis tells GlobeSt.com's Jennifer LeClaire the building received minimal interest for a year.

HCL, SchoolDude Expand Space at 11000 Regency Lakeview

CARY, NC-Two anchor tenants have expanded their spaces in the 11000 Regency Lakeview building in Cary.

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LAST WEEK'S POLL

Penner, Mirante, D'Arcy . . . High-Level Resignations Mean . . .

GlobeSt.com Viewers See More C-Suite Turnover
NEW YORK CITY-Nearly two-thirds of respondents to a GlobeSt.com poll said recent high-level resignations either portend more to come or prove that the industry needs to work on succession planning.

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Events

Register now for RealShare ORANGE COUNTY 2012--the leading real estate networking conference for the local commercial real estate market!
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Featured Event
RealShare STUDENT HOUSING


We've gathered 50 of the biggest players in the Student Housing community to discuss the latest trends of the industry: everything from marketing and leasing to what industry leaders have to say to debt and equity to investment sales opportunities.
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Charging the Hill: Commercial Real Estate and the 2012 Congressional Agenda

December 07
November 23, 2011
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.

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User's Choice

Dalian Wanda Takes AMC Theaters for $2.6B

BEIJING-Dalian Wanda’s buy of Kansas City, MO-based AMC creates the world’s largest theater chain, with 432 locations in North America and China.