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TAMPA, FL-The vacancy rate amongst the 148-million-sf inventory is down to 8.4% from 8.9% in 3Q 2002. Net absorption remains in the negative column and rent rates are expected to be flat until mid-year, according to a new market analysis by Grubb & Ellis Co.
ORLANDO-The May 9 sale will offer four fully leased properties individually valued in the $3 million to $6 million range ($13.70 to $27.41 per sf). The Winter Park, FL seller will use the sale proceeds to buy other real estate assets.
ORLANDO-The subsidiary of CNL Financial Group Inc. posted profit of $15.8 million versus $19.3 million or 30 cents per share in 2001. Total revenue increased to $156.4 million from $71.5 million, while assets jumped to $1.3 billion from $901.4 million.
ATLANTA-Fitch Ratings likes the recently completed $1.1 billion merger of Atlanta-based JDN Realty Corp. and Developers Diversified Realty Corp. of Beachwood, OH because it sees the deal as a strategic fit for both players.
ORLANDO-The January total was $7.7 million, up 9% from January 2001 and also up from December's $6.6 million collection. But Orange County Comptroller Martha O. Haynie cautions the numbers are still below pre-Sept. 11 levels.
ATLANTA-The $9.3 million Fulton County revenue issuance is ranked BBB from BBB+ with a negative outlook rating. Although the project's liquidity remains strong, investment income at the 175-bed facility dropped in fiscal 2002 to $22,000 from $912,000 in the previous period.
ATLANTA-The former managing director of G&E's corporate services group here joins the same division of CB Richard Ellis Inc. as first vice president, focusing on account management and strategic consulting.
ORLANDO-The manufacturer is taking the entire building at 1978 Stanhome Way for three years at an estimated aggregate rent of $661,500. Available sublease space in the Central Florida industrial market has fallen to 775,000 sf from 1.4 million sf during most of 2002.
ORLANDO-Continental Real Estate Cos. of Miami paid Atlanta-based Watkins Retail Group $6.95 million or $61.54 per sf for the 14-year-old, 112,933-sf neighborhood property in south Orlando.
JACKSONVILLE, FL-In the largest deal of its kind in Florida this year, Citicorp Credit Services Inc. plans to break ground this fall on the first building in a $75-million construction to house its administrative and production segments.
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.
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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.
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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