KISSIMMEE, FL-Developer Thomas Hayes and Palm Suites Land Trust pay Lake Cecile Suites Associates LLP of Orlando a below-replacement cost of $69,861 per suite for the 144-unit, 19-building property. Kennedy Funding provides a three-year, $9.6-million acquisition loan to the buyer.

ORLANDO-After 21 years, the Department of Veteran Affairs once again is scouting Central Florida for a planned 120-bed hospital, 60-bed assisted living facility, a veterans' nursing home and a benefits center to be developed on about 100 acres.

ORLANDO-After 21 years, the Department of Veteran Affairs once again is scouting Central Florida for a planned 120-bed hospital, 60-bed assisted living facility, a veterans' nursing home and a benefits center to be developed on about 100 acres.

ALPHARETTA, GA-Promethean Inc. will be occupying 13,500 sf for seven years at an aggregate rent of $1.7 million at the Oakview I building at 1165 Sanctuary Parkway. The building is within JP Morgan Chase & Co.'s 890,000-sf mixed-use Sanctuary Park development.

TITUSVILLE, FL-The Indianapolis-based developer pays locally based RW Kirk Trust-Bob Kirk Realty $307,692 per acre for a 26-acre tract at State Roads 405 and 50. Duke Realty Corp. plans to break ground in March on the 210,000-sf Crossroads Marketplace project to rise on the site.

TITUSVILLE, FL-The Indianapolis-based developer pays locally based RW Kirk Trust-Bob Kirk Realty $307,692 per acre for a 26-acre tract at State Roads 405 and 50. Duke Realty Corp. plans to break ground in March on the 210,000-sf Crossroads Marketplace project to rise on the site.

ATLANTA-Prentice Knight, chief learning officer of locally based CoreNet Global, replaces Peggy K. Binzel who is leaving for other professional avenues. Binzel headed the 7,500-member international corporate real estate organization since 2002.

ATLANTA-The Chicago-based investor-developer acquires the 225,924-sf class A office building for $177 per sf from US Property Investment Fund LP, owned by Prudential Real Estate Advisors Inc. The 9.5-acre property is 97% leased.