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ORLANDO-The 21-acre, 216-unit Villas at Waterford Lakes will offer 1,300 sf to 1,900 sf of living area for $110,000 to $130,000. Pre-sales begin in April. Models at the Dallas-based builder's 70-unit Park Maitland Villas are scheduled for completion in January.
COLORADO SPRINGS, CO-At $250 million, investment property sales here will come in at half the level of the previous four years, according to Grubb & Ellis. Supply was as much of a problem as demand, the report adds.
HOUSTON-Richard Flowers & Associates takes over surplus space from Miresco Investments as a result of its corporate relocation in July. The locally based event planner orchestrated President Bush's Black Tie and Boots pre-party for the inauguration.
IRVINE, CA-CIP Real Estate says Genlabs Inc., one of the region's largest makers and distributors of cleaning products, has inked $7.5-mil deal at Schaefer Industrial Park.
AUSTIN-Capitol Market Research is still fine-tuning its year-end stats, but the preliminary results show some 2.3 million sf has delivered in the worst year since the late 1980s. Year-end occupancy, including sublease space, will hover around 80%.
WASHINGTON, DC-According to the Food Marketing Institute's The Facts About Store Development 2001 report, the country's supermarkets decreased in size in 2000, but increased in number from the previous year.
RAMSEY, NJ-The efficiency-studio property, located in the northeast corner of New Jersey in metro New York, is the hotelier's 11th property in the Garden State and 426th overall.
BOYNTON BEACH, FL-Publix Super Markets and Premier Gateway have purchased two separate parcels totaling 22.56 acres. Publix paid $5.08 per sf; Premier Gateway, $4.90 per sf.
NEW YORK CITY-Starwood's ultra-chic W brand will open its New York flagship today. The company recently announced plans to open one of its upscale W hotels in Seoul, Korea.
ORANGE COUNTY, CA-Keitaro Matsuda, senior economist at Union Bank, says 'near-perfect balance' between north and south could help California stay afloat while most others parts of the US sink further into recession.