MIRAMAR, FL-Although representatives of the 400-acre Miramar Park of Commerce wouldn't disclose terms, area brokers familiar with the property tell GlobeSt.com the estimated length of the contract is 10 years with an estimated value of $3.7 million, based on current market rents. Miramar is 16 miles north of Downtown Miami.

BOCA RATON, FL-The investment fund now owns slightly more than five million shares in the locally based developer and operator of wireless communication towers. Boca Raton is 42 miles north of Miami.

FORT MYERS, FL-Locally based Grosse Point Development Co. is teaming with a Dutch developer to build a $250-million, 150-acre mixed-used project in Cape Coral, a fast-growing community 126 miles northwest of Downtown Miami.

PUNTA GORDA, FL-The real estate brokerage division of St. Joe Co. paid an undisclosed sum for the locally based firm. Punta Gorda is in a fast-developing commercial corridor, 138 miles northwest of Miami.

JUNO BEACH, FL-The parent of Florida Power & Light still expects to meet a first-quarter market forecast of 76 cents per share. Juno Beach is 77 miles north of Miami.

MIAMI-Miami-Dade County manager Steve Shiver's memo suggests the county lacks validation on assumptions made about the proposed cost of a 40,000-seat professional-league baseball stadium and the actual amount of tax-backed revenue needed to pay for its development.

FORT LAUDERDALE, FL-An operating unit of El Paso Energy Partners is asking final approval on a plan to develop 65 acres adjacent to Port Everglades for the storage and distribution of 1.1 million barrels of petroleum. Fort Lauderdale is 26 miles north of Miami.

NORTH MIAMI BEACH, FL-James Cuddy, vice president of construction at American Land Housing Group, vanished last Tuesday while en route to a job in Palm Beach County. Cuddy had worked nearly 25 years for Arlington, VA-based Charles E. Smith Residential Realty.