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ORLANDO-Lynx, the area's transportation system, plans a $29.2 million, 228,000-sf Downtown bus-taxi-shuttle terminal on six acres near the $200 million, 25-story Orange County Courthouse complex.
NEW YORK CITY-Rolling blackouts may be rolling your way, if the majority of respondents to GlobeSt.com's most recent Quick Survey are correct. Most believe that the problem will grow to national proportions before getting better.
ALEXANDRIA, VA-Home Properties has acquired 344-unit Virginia Village here and 384-unit Sandalwood Apartments in Owings Mills, MD for a total of $44.6 million. The REIT plans to spend $6.1 million in renovations.
FARMINGTON HILLS, MI-The quarterly dividend of the REIT that owns, manages and develops neighborhood community shopping centers or single-tenant properties remains the same as it was last July at $1.84 per year.
ORLANDO-In the largest land deal this year, Sentinel Communications Co. paid Martin Andersen-Gracia Anderson Foundation Inc. $8.18 million or $1.9 million per acre ($43.67 per sf) for a 4.3-acre tract on Concord Street where Sentinel already is the largest area property owner.
MIAMI- The potential return from investment in this product is spawning a new wave of luxury, multifamily-resort condominiums to meet the demand of an affluent segment of the society that wants all the trappings of luxury home ownership without the cost and upkeep. This is the first of two articles on the relatively new phenomenon in the South Florida shelter market.
MISSION VIEJO, CA-A 20,952-sf auto service center in Mission Viejo has been purchased for $168 per sf. It is the second auto repair complex to be sold this week.
SAN ANTONIO-Koontz McCombs has shelled out $21.9 million for the 256,137-sf Tetco Towers in the city's north central submarket. Mack-Cali on a disposition spree is looking for takers for two more San Antonio office buildings.