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ORLANDO-The deal is valued an estimated $25 million, area brokers and lenders familiar with the long-planned marriage tell GlobeSt.com. Greg Morrison, a senior vice president at Welsh Cos. Inc., will head the combined units under the Carter banner. His selection over Tom D. Cook, vice president/development at Carter, surprised some local industry watchers.

WILLIAMSBURG, VA-The 255,000-sf shopping center is located near Colonial Williamsburg and the College of William and Mary. Nearly 60% of its leases are set to roll over in the next two years.

CHANDLER, AZ-Still five months away from completion, Chandler Fashion Mall is 90% pre-leased. Apple Computer is the newest tenant to join the lineup at the 1.3 million-sf, $200-million retail center.

SAN FRANCISCO-The Chicago-based investment management firm has promoted Erich Sengelmann to head up the company Northern California tenant representation and corporate facilities management operation. The company also beefed up its Bay Area capital markets division.

MIAMI-A pending agreement would give the Miami-Dade Empowerment Trust the authority to negotiate all sales or leases at the 30-acre industrial park.

LOS ANGELES-Privately held Cypress Land Co. buys 18.7-acre parcel inside

ORLANDO-The Oak Brook, IL-based REIT paid Sand Lake Corners LP $22 million or $115.94 per sf for the 95%-leased, 189,741-sf Sand Lake Corners Shopping Center in south Orlando, one of the hottest retail submarkets in Central Florida.

ATLANTA-Williams Cos. Inc. of Tulsa, OK expects the paper work to take about a year before it can break ground on a 1,230-megawatt facility on 30 acres in north Fayette County.