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ORLANDO-An expected drop in interest rates this quarter by the Fed will spur new investment activity in the multifamily sector here, Grubb & Ellis Co.'s Steve Flanagan tells GlobeSt.com.
ORLANDO-Daryl M. Carter, wearing several corporate hats and acting as trustee of two land entities, acquired two tracts totaling 36.6 acres for $1.61 million in Deltona, FL, 35 miles north of Downtown Orlando, and bought a 6,220-sf medical office building in Orlando for $609,000 or $97.90 per sf.
ORLANDO-After sitting on the sidelines for 15 years, the 2,700-acre International Corporate Park is jogging onto metro Orlando's 92 million-sf industrial turf big time by kicking off design work on a $17 million connector road linking main transportation arteries to the property. The road will take three years to permit and build.
ORLANDO-A new Grubb & Ellis Co. analysis shows net absorption and new deliveries will decrease in 2001 and 2002 while average rents for research and development/flex space and warehouse/distribution will rise about 3.25% this year.
ORLANDO-The supermarket chain is making this area its second Internet-based market for home delivery groceries in 2002 after opening its first division this spring in Pompano Beach, FL, 180 miles south of Downtown. Kmart is completing the installation of e-shopping kiosks in Orlando, Ocala, FL and Jacksonville, FL and plans to offer online services by yearend.
LEESBURG, FL-Lake-Sumter Community College is rushing to complete the 31,500-sf facility by year end after receiving a donation from the Central Florida Health Care Foundation. Leesburg is 45 miles northwest of Downtown Orlando.
DAYTONA BEACH, FL-Oceans Resorts pays $60,680 per room for the 206-room oceanfront hotel, formerly the Whitehall Hotel. Publicly-traded Boykin is using the proceeds for other undetermined investments. Daytona Beach is 50 miles northeast of Downtown Orlando.
JACKSONVILLE, FL-The Virginia-based Internet provider was scheduled to close the deal Jan. 15 for $2.5 million or $138.89 per acre ($3.19 per sf). The planned 123,000-sf structure, to house 1,700 employees, is expected to break ground this week.
ORLANDO-Net absorption will probably come in at 1.8 million sf in 2001 and 1.5 million sf in 2002, down from a record 1.98 million sf last year. New-space completions this year will reach 2.3 million sf and 1.9 million sf in 2002, versus 2.7 million sf in 2000.
ORLANDO-David F. Scott Jr., the University of Central Florida's economics guru, tells GlobeSt.com that growing additions to metro Orlando's current 100,000-room inventory will keep occupancy rates below the record 81.3%.

From Placer.ai
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From JLL Technology Solutions
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From Buildout, Inc.
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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.
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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.
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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
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.
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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.
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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
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 Resource
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
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
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
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
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
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
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
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
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
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 Resource
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