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JACKSONVILLE, FL-The Miami-based multifamily developer says construction will start in 60 days on The Strand at St. Johns, a 30-story, 295-unit riverfront apartment community with an estimated 100,000 sf of office and about 12,000 sf of retail at its St. Johns Center development.
ORLANDO-The Houston-based REIT is getting an experienced professional in Terry R. Marks, former vice president and regional director of leasing and development for New Plan Excel Realty Trust and a former executive with PM Realty Group, Landmarks Group and Faison Associates.
ATLANTA-Christopher Wagner, formerly an associate in the local office of CB Richard Ellis Inc., joins Duncan Gibbs in a career move that makes Gibbs a senior vice president in the local office of the Dallas-based company.
ORLANDO-Continuing its decade-old strategy of buying land at the lowest possible market price and then holding the dirt for long-term appreciation or development, developer Daryl M. Carter and his associates paid three separate sellers a total $1.63 million for properties in Orange, Lake and Sumter counties.
ATLANTA-The North Miami Beach-based REIT pays $47.2 for the nine-year-old, 100%-leased, 512,630-sf Presidential Markets shopping center in Snellville, GA, 20 miles east of Downtown Atlanta. Cousins Properties Inc. and Presidential Marketcenter LLC, both locally based, were the sellers.
ATLANTA-Cousins Properties Inc. has landed a big name on its usually faceless board of directors. He is Erskine B. Bowles, a nationally recognized banker and the former chief of staff to former President Bill Clinton.
ORLANDO-Without offering rent concessions, the New York-based developer of 16,000 apartment units nationwide credits its success in a difficult metro market to a strategy of marketing Vintage Cottage Apartment Homes in the high-density Orlando International Airport residential market before construction began last year.
ORLANDO-The subsidiary of Minnesota-based ABC Companies pays $625,000, or about $7.47 per sf, for a 1.92-acre site in Orlando Central Park South where the company is expected to break ground this year on its second multi-vehicle preventative maintenance facility.
ATLANTA-Aldi International purchases an 80-acre tract for $3 million, or about $38,000 per acre, in tiny Jefferson, GA, 30 miles northeast of Downtown where construction on the project is scheduled to begin in summer 2004.
TAMPA, FL-One of the biggest question marks in local industrial real estate circles is what Tampa Bay Buccaneer owner Malcolm Glazer plans to do with the defunct, 26-year-old, 895,000-sf Tampa Bay Center mall he bought from the Rouse Co. in January for $22.9 million, or $25.59 per sf.
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