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ORLANDO-Richard Kjellander, who participated in Crow's $45 million in new development projects last year, is the firm's statewide senior financial analyst responsible for economic evaluation of build-to-suit and speculative development ventures.
ATLANTA-Tim C. Thomas Inc. paid Center Investments Inc. $127.50 per sf for the two-year-old, 40,000-sf, 83%-leased retail property in Lawrenceville, GA, situated about 15 miles north of Downtown Atlanta.
ATLANTA-New York-based Teachers Insurance Annuity Association paid $197,835 per unit for the newly constructed six-story, 231-unit property in Buckhead Village, the center of Atlanta's nightlife scene. The property will have 25,100 sf of retail.
ORLANDO-Hancock Information Group is taking 26,570 sf at Maitland 200 at an estimated aggregate rent of $2.79 million. The 10-year-old brokerage handled four leases totaling 37,784 sf in a market with a vacancy level of 14.7%.
ORLANDO-Developer Ginn Real Estate Co. claims it is the top-selling new community in Central Florida with 2002 sales of 211 lots for $24.1 million and 17 townhomes for $4.7 million. Overall, the resort will have a build out value of $2 billion.
ATLANTA-The investment partnership is looking for acquisitions in the Southeast, Houston and Los Angeles but hasn't set a dollar cap on its goals. Hunt Realty Corp. will be the capital provider.
ATLANTA-River Pointe Partners are negotiating with a national big-box retailer to anchor River Pointe II, scheduled to break ground in March on a site east of Interstate 575 about 20 miles north of Downtown Atlanta.
ATLANTA-The JV's development of regional impact filing shows the 14-acre site is between the Dunwoody and Sandy Springs MARTA stations near Perimeter Town Center, a $400 million proposed JV between Equity Office and Cousins Properties.
ORLANDO-The 1,000-acre oceanfront resort community, 60 miles north of Downtown Orlando, sold 214 lots for $55.1 million and 85 condos for $30.4 million. Developer Ginn Real Estate Co. also logged $11.4 million in lot and condo resales.
ORLANDO-Mountain Funding LLC of Charlotte is providing Bay Communities of Lynnfield, MA with a 12-month loan on the planned $66 million, 190-unit Surf Club III condominium community in Palm Coast, FL.