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ORLANDO-The 84-year-old frozen food magnate is selling one of the two parcels for $1 million per acre or $22.96 per sf. Colonial Properties Trust and CNL Financial Group Inc. are interested, area brokers tell GlobeSt.com.
DALLAS-Jack Diamond of Web Real Estate signs a strategic alliance with Centex's Commerce Title and is close to finalizing another as he builds on services for the client base. RealPage signs up Alliance Residential, owner of 56,000 apartments.
SAN DIEGO-The loan will be used to refinance the historic building, which is located at 5th Avenue and G Street in Downtown San Diego's Gaslamp Quarter.
ATLANTA-Gulf South Medical Supply Inc. of Jacksonville, FL is taking 63,642 sf for five years at Riverside Logistics Center, a two-building, 194,000-sf property expected to be completed this quarter at a hard construction cost of $5.3 million.
BURLINGTON, MA-A study put out by Finard & Company LLC indicates good news the Greater Boston area's retail market. The region has posted its highest absorption rate in three years and its vacancy rate has dropped 21% over the past year.
BALTIMORE-The final papers were signed Friday on DLC Management Corp.'s $13-million acquisition of Mount Clare Junction. GE Capital takes home nearly $13 million for the grocery-anchored property.
MESA, AZ-Looking to satisfy a 1031 Exchange, a group of Chandler investors make an unsolicited offer on the small industrial complex and win the deed with the bid. The buyer gets a total of 40,860 sf along East Palm Street.
LONDON-Morley Fund Management, one of the successful bidders for Kingfisher's out-of-town assets, has bought a prime retail park in Beckton, East London, for pounds 63.6 million ($102 million).
BALTIMORE-The final papers are signed this afternoon on the sale of Mount Clare Junction to DLC Management Corp. GE Capital is the seller of the grocery-anchored property, which is located near the University of Maryland Hospital, Ravens Stadium and Camden Yards.
HAYWARD, CA-The foodservice equipment wholesaler will relocate its Hayward headquarters to 1739 Sabre St., an 18,020-sf office/warehouse on 1.2 acres. The General Conference Corp. of the Seventh Day Adventists is the seller.