ATLANTA-Mayor Shirley Franklin is asking developers to bid on the 10-story, 75% vacant former Sears warehouse and distribution center on Ponce de Leon Avenue. The city is also ready to help finance the redevelopment of the City Hall East structure in which it has invested $30 million to date.

ORLANDO-Orange County property appraiser Bill Donegan's year-long victory means the county will receive about $1.4 million in additional tax revenue from the two hotel chains who lost a bid for a lower land assessment near the Orange County Convention Center.

JACKSONVILLE, FL-The locally based retail REIT is expanding its joint venture relationship with the Macquarie Countrywide Trust of Australia, keeping its 25% ownership interest and managing the entire JV portfolio of 27 shopping centers valued at $410 million.

ORLANDO-The Advantis/GVA team of senior directors Bo Bradford and Tom McFadden has run its 2003 production value volume to $29.4 million with the signing of Central Moving and Storage to a seven-year, 114,748-sf, $3.8-million lease at Sand Lake Service Center IV.

ATLANTA-The Treasury Department will net $2M after paying $500,000 in property liens on the 1.5-acre site that attracted national notoriety in 1999 after a federal grand jury indicted club owner Steve Kaplan on racketeering charges.

ORLANDO-Locally based CNL Hospitality Properties Inc. will be the majority owner in the 544-room Capital Hilton in Washington, DC and the 394-room Hilton La Jolla Torrey Pines outside San Diego. The partnership is also negotiating to buy the 1,200-room Hilton San Diego Convention Center Hotel when construction is completed in 2006.

LAKE BUENA VISTA, FL-The 2,880-room Pop Century Hotel at Walt Disney World is under-cutting dozens of Mom-and-Pop-owned motels and hotels on the 15-mile hotel strip of US 192, forcing several out of business, hospitality industry consultants tell GlobeSt.com.

JACKSONVILLE, FL-B&G Properties, a Maryland-based investment partnership, pays locally based Brothers Five $117.64 per sf for the 31-year-old, 43,633-sf University Center South shopping center. The cap rate was 9.34%.