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ATLANTA-Based on the closing market price on April 14, the purchase price for the common shares would be about $136 million. The newly acquired stock would offset dilution from stock and stock-option grants made under the company's officer-and-director stock plans.
ORLANDO-Net absorption of 124,907 sf in the seven-million-sf, 69-building south Orange County market trailed the 221,593-sf absorption figure posted in fourth quarter 2003, according to a new survey by Rebman Properties.
ATLANTA-Servidyne Systems LLC, a wholly owned energy-management subsidiary of locally based Abrams Industries Inc., acquires iTendant Inc. of Atlanta, a provider of service-request-and-maintenance software to commercial building owners and operators.
ORLANDO-Debra Coffie will coordinate Fidelity National Title Insurance Co. of New York's newly created commercial network department, which handles real estate underwritings for major law firms in Florida.
JACKSONVILLE, FL-Locally based Regency Centers sells a 1.5-acre tract at its 75,040-sf Johns Creek Shopping Center here for $1.4 million. It's one of the highest per-square-foot prices paid for a comparable commercial location in years, say insders.
ORLANDO-Four buildings totaling 653,828 sf sold for $74 million or an average $109 per sf, according to a new analysis by the Orlando office of Advantis Commercial Real Estate Services/GVA. Institutional investors topped the buying column.
ALPHARETTA, GA-McLean Office Center Ltd. acquires Parkside Terrace East and Parkside Terrace West in North Fulton County--totaling 252,960 sf--for $158.50 per sf from K&K Holdings LLC.
ATLANTA-Cousins Properties Inc. and Weeks Properties form Cousins/Weeks to develop and own local and national industrial assets. Forrest Robinson, a former Weeks Corp. executive, is president of the new venture. He comes to Cousins/Weeks from Miami-based Codina Group where he was president of development since 2001.
ORLANDO-Developer Rob Yeager plans to carve out a mini-city with two mixed-use projects near Orlando International Airport. The Orlando City Council is considering annexing 1,573 acres at one of the ventures to move the enterprise along.
ATLANTA-First Industrial Realty plans to develop the estimated $12-million project south of Interstate 20. The American Red Cross also plans an estimated $23-million, 185,000-sf new Southeastern regional headquarters a mile south of the warehouse and distribution center.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource