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ORLANDO-Cumberland Land Holdings paid Airport International Park of Orlando Inc. $4.35 million or $98,864 per acre ($2.27 per sf) for a 44-acre tract at Airport International Park.
REDWOOD CITY, CA-ocally-based Corrigo Inc., a provider of mobile and wireless services for property managers, is broadening its relationship with Realeum Inc, which produces Web-based commercial real estate services.
SEATTLE, WA-Don Milliken is adding condominiums atop a refurbished Safeway grocery store on Lower Queen Anne. Designing the project will be Portland-based Sienna Architecture, which is known for urban infill projects.
LOS ANGELES-City officials, Jones Lang LaSalle exec and telecom players call big press conference to explain details of plan to make CBD come alive. But few others show up: 'Downtown sucks, and it will never get better,' one office manager proclaims.
AUSTIN-Vignette Corp.'s application reputation has sealed a deal with a CA-based subsidiary of mortgage lender GMAC Corp. The Austin-based IT company is known for its ability in the high-volume transaction arena.
CLEARWATER, FL-The 102-year-old, Miami-based department store chain is taking 65,000 sf for 15 years at the 90,011-sf Village at Countryside where it will house a Burdines Furniture Gallery, 80 miles west of Downtown Orlando. The estimated value of the lease is $12 million. The store sold its 180,000-sf location at the nearby Clearwater Mall for $4.75 million or $26.39 per sf.
AUSTIN-Wayport's aggressive expansion plan gets a boost in a fourth round funding, raking in $70 million in fiscal support. San Jose International Airport is the next stop for the IT company as it makes plans to more than double its hotel portfolio.
WEST PALM BEACH, FL-The real estate director for the Atlanta-based restaurant company helped develop CoreNet Global, a new brand name for the international association based here, 90 miles north of Downtown Miami.