CLERMONT, FL-In a tense three-month land-buying contest where the players didn't know their competition, the Atlanta-based institution's final offer of $1.34 million bested a $1.31 million offer for a prime 1.3-acre parcel in front of a Publix Supermarket at the East Town Center shopping center in one of Central Florida's hottest commercial development markets.

LOS ANGELES-The new REIT went public shortly before the end of the second quarter, so its results, including a $46.2 million loss due to one-time charges, are considered an anomaly.

ATLANTA-Locally based Robert Pattillo Properties, which has more than 10 million sf in completed national industrial projects to its credit, plans to build up to 2.75 million sf of new distribution space south of McDonough, GA, according to preliminary plans filed with local governmental agency officials.

DALLAS-The 19-month-old real estate banking firm convinces Presidio to part with a 60,512-sf office building at 4809 Cole Ave. in Uptown, investing more than $100 per sf for its first local asset and its second purchase this year.