BOCA RATON, FL-The timeshare and golf resort developer posted 46 cents per share versus net income of $2.7 million or 11 cents per share in fiscal 2002 that ended March 31. Timeshare sales reached a record $144.2 million, comprising 60% of total sales.

TEMPE, AZ-The Agave Corporate Center gets two new tenants and two head into the Agave Executive Center. The long-term leases take the corporate center to 66% occupancy and the other center to 34%. A third component sits empty.

DALLAS-J. Holmes Davis IV of Binswanger/CBB steers the sale of a 497,200-sf distribution center in a Little Rock, AR suburb. Davis' client, Scholastic Distribution Services of New York City, had screened 15 to 20 sites in several states.

ORLANDO-Sergio Naya, who missed a court deadline to submit a $24.6 million bid for his own Chapter 11-mired property, has agreed to pay Orlando timeshare developer David A. Siegel $197,208 a month at 20% interest on a $17 million first mortgage Siegel holds on the financially troubled condo-hotel property in Orlando's main tourist corridor.