ORLANDO-Atlanta developer David Eichenblatt posted $21.5 million in sales volume, or an average $167,969 per unit, at the former two-story, 250-room Four Points Sheraton hotel across from Lake Eola Park.

ATLANTA-Total 2003 investment sales volume was down by $30 million versus 2002, but properties 20 years older or more selling for under $10 million are the favorites among buyers, according to a new study by locally based Bullock Mannelly Partners Inc.

ATLANTA-The area's vacancy rate improves to 10.1% from 10.6% as permits for new multifamily communities continue to decline. Potential tenants are buying homes at record-low interest rates instead of renting, according to a new survey by Bullock Mannelly Partners Inc.

ORLANDO-The affiliate of locally based CNL Financial Group arranges a $1.1-billion, short-term credit agreement with a unit of Deutsche Bank AG to cover the deal with La Quinta, CA-based KSL Recreation Corp.

JACKSONVILLE, FL-Patriot Transportation Holding Inc., a major cross-country freight hauler, sells the land in Suwannee and Columbia counties in north Florida for $2,057 per acre, or about four cents per sf.

ATLANTA-Zeroing in on urban sites, the 19-year-old, Arlington, VA-based organization contracts with local owner Herbert Greene to buy the 100-acre Utoy Creek tract in the city's southwest area for $1.2 million, or $12,000 per acre. The land will be used for a city park.

GAINESVILLE, GA-New York developer R. Eric Castro has won the first governmental approval hurdle on his planned 750,000-sf Canterbury at Lake Lanier development but faces opposition from Lake Lanier area residents who want this city's officials to shoot it down.

ORLANDO-The Chicago-based owner/operator of 10 million sf of office and industrial assets in the US increased its local portfolio with the signing of five new leases totaling 20,166 sf at suburban Maitland Center and Casselberry, FL.