ORLANDO-One developer wants a local landowner to honor a 76-year-old contract that calls for a price of $12 per sf for a 2,500-sf parking lot. The lot--on prime CBD land--is currently appraised at $100,000 or at least $40 per sf.

ROSWELL, GA-The single-story, 72,020-sf Offices at King's Landing, 20 miles north of Downtown Atlanta, is on the market for $7.95 million with a going-in cap rate of 10%-plus. Julien J. Studley Inc. is the marketer.

TAVARES, FL-Despite residents' objections, Lake County's planning and zoning commission gives the green light to the Reston, VA-based telecommunications provider to erect a 100-foot, $500,000 structure near the sprawling Danny Len Buick-Pontiac GMC showrooms off U.S. 441 north near Eustis, FL, 32 miles northwest of Downtown Orlando.

ATLANTA-James A. Fleming, a law partner in Fleming & Ray, is the new senior vice president, general counsel and secretary at the locally based REIT. He replaces Tom G. Charlesworth who was promoted to executive vice president and chief investment officer in January of this year.

ATLANTA-Post Properties Inc.'s second-quarter funds from operations totaled $39.6 million versus $44.6 million for the comparable 2000 period. However, the 90 cents per diluted share is in line with First Call's consensus poll.

ORLANDO-The locally based themed restaurant chain hopes to save $500,000 per year on telecommunications expenses by linking its 28 retail outlets to a single network operated by the Reston, VA-based broadband communications provider.

ORLANDO-For the first time since the $214 million Ponzi fraud surfaced a year ago, the U.S. Bankruptcy Court's trustee is suing at least nine individuals and 10 companies associated with locally based Evergreen Security Ltd., a purported mortgage securities-backed investment fund.

ATLANTA-James A. Fleming, a law partner in Fleming & Ray, is the new senior vice president, general counsel and secretary at the locally based REIT. He replaces Tom G. Charlesworth who was promoted to executive vice president and chief investment officer in January of this year.