MIAMI-The 15-year-old, 200-store Fort Lauderdale, FL-based retailing chain reports net income of $1.7 million or five cents per diluted share for the first fiscal quarter ended May 4. That performance compares with a net loss of $6.3 million or 19 cents per share in the same 2001 period.

MIAMI-The 33-year-old national developer/investor has leased three floors in its 111,000-sf, eight-story office building and was in line to receive an incentive package from Miami Beach for relocating from the West Miami-Dade submarket.

ATLANTA-The California subsidiary of American Residential Investment Trust Inc. names Mike DiCarlo vice president/regional manager of the suburban Alpharetta, GA office. David Houghtlin is regional operations manager.

ORLANDO-The locally based national wholesale distributor of construction and industrial real estate materials posted first-quarter sales of $790 million compared with $775 million a year ago.

ATLANTA-One Liberty Properties Inc. of Great Neck, NY. paid an undisclosed seller $14.1 million or $160.23 per sf for the 88,000-sf, 24-screen AMC Southlake Pavilion 24 Theatre in Morrow, GA.

ORLANDO-In a bizarre scenario, Volusia Redevelopment Parking Corp. is asking Volusia County government and the developer of the $200-million Ocean Walk Resort for a financial safety net on its $12 million, 1,500-space, two-year-old venture that few motorists are using in tourist-oriented Daytona Beach.

ORLANDO-Asset Development and Management Group of Clearwater, FL paid $13.4 million or $45,985 per unit for the 20-year-old, 292-unit Country Place complex in Palm Harbor, FL, 10 miles northwest of Tampa, FL and 85 miles west of Downtown Orlando.

ORLANDO-Still two years away from ground-breaking, the Orlando-based division of London's Emerson Group paid $400,000 or $20,000 per acre to Edward and Alyce Hansen of Orlando for the land adjacent to the planned 1,209-acre, $1 billion, mixed-use Eagle Creek development near Orlando International Airport.