FORT WALTON BEACH, FL-Innkeepers USA Trust of Palm Beach, FL pays $30 million, or $138,889 per room, for the 216-room property facing the Gulf of Mexico on a nine-acre tract in this Northwest Florida resort area.

ATLANTA-John Dewberry, a co-founder of locally based Dewberry Capital, is asking the Georgia Department of Transportation to find another home for the World Athletes'Monument at Peachtree and West Peachtree streets where he plans to create a multi-million-dollar office, hotel and retail campus.

ORLANDO-Property prices are expected to rise as retirees and job seekers continue to target the Southeast in 2004, according to a new market analysis by Marcus & Millichap. Investors are searching for safer, low-management investments such as self-storage facilities.

ATLANTA-Glass, Lewis & Co. of San Francisco says Post Properties Inc. chairman Robert Goddard's $500,000 compensation package is high but no cause for alarm by shareholders. Williams disagrees, citing an "F" grade Glass Lewis gave Post May 12 on a pay-for-performance ranking of multifamily REITs.

McDONOUGH, GA-Great Escape Theaters LLC is negotiating to buy 19 acres with an option to buy 24 additional acres for an $11-million, 16-screen theater near Henry Town Center and the planned $200-million, 1.5-million-sf South Point mall which also expects to have a cinema.

ORLANDO-After an informal relationship of several years, locally based Hughes Supply Co. and Trammell Crow Co. have formally signed a deal that allows the national materials supplier to provide products at all of TCC's developments and gives TCC management duties at Hughes' 486 wholesale outlets in 38 states.

ORLANDO-The Jacksonville, FL-based medical group plans to develop a 120,000-sf facility near the largest shopping center in Central Florida, the Mall at Millenia in south Orlando. Major medical office developments announced this year in Orlando total $535 million.

McDONOUGH, GA-The Fort Worth, TX-based home furnishings company's five-year lease at the 2.8-million-sf Midland Industrial Park here is valued at $3.3 million and keeps occupancy at facility at 100%. The lease is one of the largest in metro Atlanta this year.