ORLANDO-The five-year office-flex lease by Audio Visual Innovations Inc. for 13,400 sf brings Trammell Crow Co.'s third-quarter volume to 100,000 sf in a sluggish 98 million-sf industrial market with a 10% vacancy rate.

TAMPA, FL-Vacancies in the 59.8-million-sf inventory are at 15.04%, down 0.45% from Q2 but still above the 8.98% national average. Third-quarter net absorption has improved to a positive 364,743 sf from a negative 532,613 sf in the previous period.

ORLANDO-The Irvine, CA-based real estate investment firm has grown its regional network to 50 from nine in an 18-month expansion spurt. Regional director Jim Brady heads the firm's Florida growth strategy.

JACKSONVILLE, FL-The $3.5 million Nimnicht Pontiac GMC Inc. paid for the 10.6-acre tract on booming Phillips Highway equates to $330,189 per acre or $7.60 per sf, one of the highest tags in recent North Florida land transactions.

ATLANTA-After 10 years at one of the country's top REITs, Kelly Barrett starts a new career in retailing come January at locally based Home Depot Inc., where she will serve as the firm's controller.

BIRMINGHAM, AL-The most expensive purchase was Birmingham-based River Ridge Shopping Center, a one-year-old, 100%-leased 162,062-sf property sold by Ridge Retail Co. LLC for $29.64 million. The Oak Brook, IL-based REIT added 1.3 million sf to its 10 million sf portfolio.

ORLANDO-Despite a sluggish construction market, the Jacksonville, FL-based developer is undertaking a $9.5 million, 60,000-sf build-to-suit office-educational complex for Corinthian Colleges Inc. in a new phase of Gran Park at SouthPark in south Orlando.

THE BIG ISLAND, HAWAII-The locally based timeshare developer has acquired 76 of the 154 oceanfront condominiums at the seven-story Royal Sea Cliff Resort owned by Outrigger Hotels & Resorts of Hawaii. Vacation ownership industry sources tell GlobeSt.com the purchase price was at or below replacement cost of about $200,000 per unit.