ATLANTA-In a move to strengthen its Georgia corporate structure after senior executive Ray Owens left to enter private real estate investment fields, Houston-based PM Realty Group promoted two professionals from the Atlanta office.

ORLANDO-New passenger projections show the 2001 count slipped to 28 million from 30 million in 2000 and won't reach a previously predicted high of 38 million in 2005 until 2008 under the best conditions. A $30 million overhaul of the elevators at the 21-year-old terminal, however, is still scheduled to start in October.

ORLANDO-Golden Fleece Groves Inc., Land of Growth Investment Corp. and Realtor/developer Charles Hwang envision the 283-acre, estimated $1 billion venture south of Leesburg, FL would have 130 acres of office; 13 acres of commercial; and 71 acres of single-family housing, restaurants and a hotel.

ORLANDO-New passenger projections show the 2001 count slipped to 28 million from 30 million in 2000 and won't reach a previously predicted high of 38 million in 2005 until 2008 under the best conditions. A $30 million overhaul of the elevators at the 21-year-old terminal, however, is still scheduled to start in October.

ORLANDO-NL Ventures III, a private equity fund sponsored by AIC Ventures, paid the electronics/microwave manufacturer $5.5 million or $44.39 per sf for TRAK's 33-year-old, 123,897-sf office/plant structure, then leased the property back to TRAK for 15 years at an estimated aggregate rent of $9.3 million.

ORLANDO-Vince La Mariana, former senior marketing officer/general manager of Mulialand in Jakarta, teams with Paula Buffa to handle three Westshore office properties.

MIAMI-The largest bank holding company in Florida expects to break ground in the third quarter on a three-building, 120,000-sf information technolgoy campus next to its corporate headquarters in Naples, FL, 120 miles northwest of Downtown Miami.

MIAMI-Wells Operating Partnership of Norcross, GA, controlled by Wells Real Estate Investment Trust, paid Chicago-based Westpoint Building One $13.25 million for the 100,000-sf, two-story structure in Tamarac, FL, a Fort Lauderdale suburb 30 miles north of Downtown Miami.