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ORLANDO-David A. Siegel, Florida's high-profile leisure-product developer, tells Gov. Jeb Bush he would like to lease all or part of the 67-year-old, 300-acre outdoor attraction in Winter Haven, FL if the state buys the property from a group of seven owners.
CHICAGO-The Atlanta-based REIT, which was the most prolific acquirer of class-A US real estate last year, pays $188 per sf for the 82-story, white granite tower, where the namesake tenant and BP Amoco lease half the 2.5 million sf.
HIGHWOOD, IL-A 6,400-sf retail center at 742 N. Sheridan Rd. here sells for $968,000 while the 27,686-sf Bay Ridge Court shopping center in Waukegan can be had for $3.45 million.
DALLAS-The creditworthy tenant is settling into the class A space after setting off a bidding war that lasted nearly a year among Dallas CBD building owners. The hot pursuit was tied to a 10-year lease, with a top name and reputation for staying put.
CORAL SPRINGS, FL-The 14,591-sf drug store development includes the demolition of a former Sizzler restaurant. The store is being developed by Southern Management & Development LP on a 2.5-acre site at University Dr. and Royal Palm Blvd.
NEW YORK CITY-Soho evokes images of high-fashion and celebrity sightings, but it's the affordable rents that are attracting retail clients to streets like Wooster and Spring.
AURORA, IL- Houston Wire and Cable and Airborne Express take more than 67,000 sf each in separate deals here and in Lisle. Another 11,000 sf of warehouse space is claimed in Burr Ridge.
LA JOLLA, CA-ITLA Capital Corp. reports that its net income for the first quarter of 2003 jumped to $13 million from $4.7 million in the first quarter of 2002. Company officials say it is the highest level of quarterly profitability in the history of the 28-year-old firm.