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TARPON SPRINGS, FL-The 96-unit Cypress Place Apartments, Motorsports of Fort Myers Inc.'s retail building and Laurel St. Commerce Center in Tampa are sold.
LAKELAND, FL-In the highly competitive supermarket industry, experimentation could be seen as the quick path to elimination. But Publix Supermarkets is testing new chains, and even new in-store concepts, as well as beefing up its infrastructure, precisely to remain competitive. Publix will open slightly more than 30 stores this year, and has not yet made overall plans for 2007. The company is also testing Publix Sabor, a store geared more toward the Latino market.
ATLANTA-Second-quarter net income totals $12.1 million or 28 cents per diluted share versus $56.5 million or $1.42 in the same 2005 period. FFO totals $22.1 million, the same as a year ago.
FORT MYERS, FL-In the family portfolio for more than 100 years, Guy, Donna and E. Bruce Strayhorn sell their 124 acres for $136,947 per acre or $3.14 per sf.
ATLANTA-The $21.7-million, 91,000-sf build-to-suit class A office building will house operations of the US Department of Homeland Security. The project will be completed in the third quarter of 2007.
TAMPA, FL-The Newport Beach, CA-based company acquires the four-story Sabal Pavilion office building at 3620 Queen Palm Dr. The company plans to acquire additional properties in Tampa.