ORLANDO-Despite 9.7 million sf of total warehouse, distribution, flex product lying vacant in metro Orlando, CB Richard Ellis Inc. broker David Murphy sees a rally coming in the third and fourth quarters, but doesn't expect a full recovery until at least the first period in 2002.

OAKLAND, CA-Versata leases the 13th floor of the Kaiser building at 300 Lakeside Dr. to Newscale, a shared services management company. Versata leased approximately 100,000 sf of class A office space in the building last May, and is now downsizing.

OCALA, FL-The 79,500-sf Heathrow Commons Shopping Center, 80 miles northwest of Downtown Orlando, is scheduled to break ground in September, anchored by a 54,340-sf Publix Supermarkets Inc. store, one of the grocer's largest prototype models.

TUSTIN, CA-The Laguna Hills-based developer has paid $10.1 million for the property, which is approximately 95% occupied. Location was a major incentive in the decision to buy.