TAMPA, FL-Some real estate professionals are questioning whether rising interest rates in Florida will cool what has otherwise been a hot commercial real estate development environment. One Tampa-based broker has already seen a slowdown in the condo conversion market.

RIVIERA BEACH, FL-Construction will begin with a few weeks on Mediterranea, a 1,000-unit complex on 69 acres at 3600 Mediterranea Circle. The project is a joint venture of Coral Gables-based Cornerstone Group and Chicago-based Randolph Equities.

ATLANTA-The first phase of the 385,000-sf Avenue Webb Gin under development by locally based Cousins Properties Inc. is set to open in August with the second phase scheduled to open in October.

ATLANTA-The first phase of the 385,000-sf Avenue Webb Gin under development by locally based Cousins Properties Inc. is set to open in August with the second phase scheduled to open in October.

PLANTATION, FL-Developers plan to begin construction in the next two months on Grove East, a 220-unit condominium project on 12 acres at the southeast corner of Broward Boulevard and State Road 7.

PLANTATION, FL-Developers plan to begin construction in the next two months on Grove East, a 220-unit condominium project on 12 acres at the southeast corner of Broward Boulevard and State Road 7.

ATLANTA-Since the beginning of the year, Colliers Spectrum Cauble retail investment specialists Joe Montgomery and Tony D'Ambrosio handle the sale of five retail centers worth more than $14.3 million.

MIAMI-Edens & Avant opens a regional office and names Jami Passer to head operations. The company has four properties under contract for acquisition and another three in the development pipeline.