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ATLANTA-Anticipating an industrial real estate comeback by year end, the Huntsville, AL-based developer is clearing a 16-acre site at the 1,500-acre Gwinnett Progress Center where a rear-load, 225,000-sf warehouse structure is scheduled for completion by spring 2003.
ORLANDO-Flagler Development Co. wouldn't disclose terms of the deal but area brokers familiar with the north Florida office market tell GlobeSt.com the estimated 10-year deal is valued at about $15 million, based on an average $22-per-sf rent in that submarket.
ATLANTA-The buyer paid Atlanta-based Barry Real Estate Cos. Inc. $67.5 million or $179.52 per sf, the highest per-sf office building price this year. Barry developed the two-building, two-year-old, six-story, 376,000-sf complex at Windward and Westside Parkways for an estimated $56.4 million or $150 per sf, according to GlobeSt.com research.
ORLANDO-Ebeneezer Holdings Corp. of Toronto paid Tampa, FL-based Hunters Ridge Associates Ltd. $46,849 per unit or $56.80 per sf for the 238-unit, 95%-leased Hunter's Ridge Apartments at 3733 Goldenrod Rd.
MIAMI-New York-based McCann Inc. walked off the $100 million projects at the Coconut Grove Ritz and the South Beach Ritz. SunAmerica Inc., the Grove Ritz lender/owner, is handling development alone on one hotel. The Beach Ritz hopes to have a new contractor on the second hotel by April 28.
ORLANDO-By June 1, elected officials are scheduled to close on Jetta Point, a prime 43-acre tract at State Road 434 and the Central Florida GreeneWay, for $4.3 million or $2.30 per sf, a steep price for local governments which generally pay under $1 per sf, area brokers tell GlobeSt.com.
ORLANDO-Depending on which brokerage's statistics are used, one scenario is clear: vacancies are heading higher in every category. First-quarter office is either at 15.5% or 18.7%; industrial, 9.6%; bulk distribution, 14.94%; and service center/flex, 16.74%.
ORLANDO-Robert W. Wagner heads the Clearwater, FL-based firm's property management division in Fort Myers, FL, 120 miles south of Downtown Orlando. Wagner leaves Miromar Development Corp., Bonita Springs, FL where he was senior leasing executive.
ATLANTA-The longtime Tennessee investor/developer shelled out $39,140 per unit for a five-property portfolio with occupancies in the 90s. CB Richard Ellis Inc.'s multifamily division in Memphis engineered the deal. Memphis is 360 miles northwest of Downtown Atlanta.
ORLANDO-In a shakeout that began almost immediately after 9-11, the 20-year-old, 84-room Thriftlodge was sold at auction by Ballardin Enterprises Inc. for $16,667 per room, or about $23,000 less than the current estimated replacement cost.
Resources
Placer.ai
From Placer.ai
Which US metros are poised for major consumer growth? This report reveals the 5 markets to watch in 2026, using location analytics to uncover the unique trends driving retail and dining foot traffic in each city.
Download Resource
JLL Technology Solutions
From JLL Technology Solutions
Your CRE data is unified, but are you using it effectively? Many organizations struggle to translate data into intelligence. This white paper explores how to activate your data for smarter, faster portfolio decisions and a true strategic advantage.
Download Resource
Buildout, Inc.
From Buildout, Inc.
A fragmented tech stack can cost CRE firms time and money. This guide helps you identify gaps in your current setup and find an integrated solution that streamlines your entire deal workflow and gives brokers back valuable time to close more deals.
Download Resource
JLL Technology Solutions
From JLL Technology Solutions
Many CRE organizations rely on outdated maintenance approaches that drive up costs and downtime risk. This guide outlines how to replace traditional methods with predictive asset intelligence to anticipate failures and optimize operations.
Download Resource
National Apartment Association
From National Apartment Association
Discover how NAA Click & Lease, trusted by over 37,000 properties, can transform your leasing process. This infographic details 10 key benefits, from automated legal compliance and seamless PMS integration to fully paperless operations.
Download Resource
National Apartment Association
From National Apartment Association
After a volatile 2025, the multifamily housing market is entering a year of transition. This outlook defines the key economic and market factors affecting the rental industry, from supply shifts to regional performance.
Download Resource
Placer.ai
From Placer.ai
Return-to-office mandates have their limits. This report dives into the data to reveal how convenience-driven behaviors are truly impacting office recovery, and CRE professionals can best adapt.
Download Resource
Placer.ai
From Placer.ai
As consumers become more selective, which retail and dining brands are set to thrive in 2026? This report uses location analytics to identify 10 standout companies and the specific, data-backed strategies driving their momentum to help you inform your strategy.
Download Resource
Buildout, Inc.
From Buildout, Inc.
Is "operational drag" from disconnected tools costing your brokerage? This audit reveals 8 hidden signs you're losing margin and provides a clear path to streamline your deal lifecycle from prospecting to close.
Download Resource
Buildout, Inc.
From Buildout, Inc.
Your listing emails are falling flat in crowded inboxes. This guide reveals 10 essential habits from top-performing brokers to help you create emails that cut through the noise, drive real engagement, and move deals forward faster.
Download ResourcePlacer.ai
From Placer.ai
Which US metros are poised for major consumer growth? This report reveals the 5 markets to watch in 2026, using location analytics to uncover the unique trends driving retail and dining foot traffic in each city.
Download ResourceJLL Technology Solutions
From JLL Technology Solutions
Your CRE data is unified, but are you using it effectively? Many organizations struggle to translate data into intelligence. This white paper explores how to activate your data for smarter, faster portfolio decisions and a true strategic advantage.
Download ResourceBuildout, Inc.
From Buildout, Inc.
A fragmented tech stack can cost CRE firms time and money. This guide helps you identify gaps in your current setup and find an integrated solution that streamlines your entire deal workflow and gives brokers back valuable time to close more deals.
Download ResourceJLL Technology Solutions
From JLL Technology Solutions
Many CRE organizations rely on outdated maintenance approaches that drive up costs and downtime risk. This guide outlines how to replace traditional methods with predictive asset intelligence to anticipate failures and optimize operations.
Download ResourceNational Apartment Association
From National Apartment Association
Discover how NAA Click & Lease, trusted by over 37,000 properties, can transform your leasing process. This infographic details 10 key benefits, from automated legal compliance and seamless PMS integration to fully paperless operations.
Download ResourceNational Apartment Association
From National Apartment Association
After a volatile 2025, the multifamily housing market is entering a year of transition. This outlook defines the key economic and market factors affecting the rental industry, from supply shifts to regional performance.
Download ResourcePlacer.ai
From Placer.ai
Return-to-office mandates have their limits. This report dives into the data to reveal how convenience-driven behaviors are truly impacting office recovery, and CRE professionals can best adapt.
Download ResourcePlacer.ai
From Placer.ai
As consumers become more selective, which retail and dining brands are set to thrive in 2026? This report uses location analytics to identify 10 standout companies and the specific, data-backed strategies driving their momentum to help you inform your strategy.
Download ResourceBuildout, Inc.
From Buildout, Inc.
Is "operational drag" from disconnected tools costing your brokerage? This audit reveals 8 hidden signs you're losing margin and provides a clear path to streamline your deal lifecycle from prospecting to close.
Download ResourceBuildout, Inc.
From Buildout, Inc.
Your listing emails are falling flat in crowded inboxes. This guide reveals 10 essential habits from top-performing brokers to help you create emails that cut through the noise, drive real engagement, and move deals forward faster.
Download ResourcePlacer.ai
From Placer.ai
Which US metros are poised for major consumer growth? This report reveals the 5 markets to watch in 2026, using location analytics to uncover the unique trends driving retail and dining foot traffic in each city.
Download Resource